RE: Spodumene up again16 Apr 2026 07:41
“So if, as expected, we reach 4,000 tonnes per month, this results in a profit before operating costs of $8 million per month. Assuming other costs of $1 million per month, PREM is left with a profit of $7 million per month, or around £5 million per month, which equates to an annual profit of £60 million for a company with a market capitalisation of £3 million.”
PREM hasn’t sold a single gram of SC6 yet, and already there is wild speculation again. This is absurd and ridiculous, as no delivery date has even been set yet. When will this madness end?
The only thing that is certain is that PREM will impose further burdens on shareholders; nothing more.