RE:RE:RE:RE:This getting old but fun lithium prices up ππ₯ππ₯ It looks like you called it monkeyhere..
This is mind boggling!
One thing I don't agree with you on though is your comment about Phase 1 FS based on spodumene prices of $1,500/t.
That's not true and one can blame management's lack of marketing about it which has created even more confusion.
The bulk of the volume to be produced annually (over 186K tonnes every year) is Chemical grade spodumene calculated at a price of USD $750/t that will be sold to be converted to battery grade material.
On top of that, CRE intends to produce Technical grade spodume on an annual basis (over 50K tonnes every year), this is the product that is priced at USD $1,500/t and will be sold to the glass and ceramics industries.
You can find a good explanation about the difference between technical and chemical grade lithium at this LINK
Cheers to all longs!