RE: PREM Trades11 Jun 2023 19:47
Snowking,
Reading your post you imply that Prem /Canmax will proceed with the arrangement where they both deduct costs & share the profits from the Lithium hydroxide produced. If so, does that deal only apply to Zulu, or will it be extended to the EPO? If it is extended to the EPO, then I believe it is very poor deal for Prem.
that prem intends to produce 10,000 tonnes a month of spodumene from next summer . that is 120,000 tonnes of Spodumene which is 16,000 tonnes of Lithium hydroxide which gives Prem a profit share of around $280m per annum
This is what you should be focusing as clever investors will be , not whats inthe bags