May. 7 at 1:06 PM
$ALB so basically all of our future projections are at a flat
$20/kg rate, which is influenced by contracts (that are 40% of our sales from last quarter and were established over 3 months ago and will reprice moving forward), and assuming that
$20/kg to be the flat rate moving forward, when prices are already at
$27/kg “to be conservative”.
That seemed to be the theme of the entire call, we are under estimating sales volume and pricing for the rest of the year because we don’t want to try to predict pricing.
I guess it’s better than setting us up for a downward surprise 🤷🏻♂️