George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
The statement that is often quoted about "2.8bcf of helium being half of global
consumption, "is somewhat correct, but very much incomplete.
The all important timeframe to that statement is missing. 2.8 bcf of helium would supply half a year of current global demand , as global demand is quoted as 6bcf per annum.
Give it a rest Teggsy, you're getting boring.
If PREM do not receive revenue within 21 days, and the cash position escalate, they may have to, as Steward1 puts it "go cap in hand to Canmax."
PREM still has a negotiating angle because currently Canmax have 50% take off agreement for all Spodumene produced. I'm sure Canmax would like to secure a higher percentage off take, in return for a pre payment for Spodumene, within the original agreement.
Yes Tygra,
As you said, the by products from the Spodumene still holds a lot of value.
A long time ago, GR referred the recoverable value of Tantalum, potentially being enough to pay for the processing costs of Spodumene, now wouldn't that be a dream scenario.
Acker ?
Lithium carbonate +7.56%
Spodumene +1.69%
I understand the relationship between the two, and that carbonates rise is good news for Spodumene, but Tygra's statement of "What PREM sells has risen by 35% in less than 2 weeks" still isn't correct
jonnypc, Wolframite, Progess101 and Aimisaluagh
it might no be a bad idea, to comment on something positive once in a while, if for no other reason than to support your own financial investment with in the stock you've chosen.