AKE 0.00% $9.83 allkem limited

Ann: Orocobre Limited - September 2018 Quarterly Report, page-23

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  1. 3,042 Posts.
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    Yes mate ORE is in a bull Market believe it or not and has been for 2years or more.
    We are supposed to be selling Li @ 17500Tpa and achieving less than $3.5k/t cost to produce while also receiving current pricing levels.
    That my friend is a bull market in any language.

    Trouble is we can only achieve the sales price.
    Can't achieve the cost margin and can't achieve nameplate.
    That my friend is a wasted opportunity.

    If you multiply what we should be doing by what we have been doing the numbers are staggering and a massive opportunity lost. IMO we should be sitting 3 x the MC by now. but you know we are here continuing to listen to the dribble.

    With the promise of a turnaround next qtr (dangling carrot) to keep us amused.
    LOL. All good i am out of here see ya next time.
 
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