Kropka, WA hard rock Li sentiment is good regardless of what happens with A40 and you may be thinking too much in terms of where A40 sits in the peaking order amongst its peers.
IMO A40 definitely isnt "too big to fail" but more like "too small to make a difference" if it doesn't pull through.
Just as you have clearly stated in your post that blame lays with BOD ? What then has this got to do with Li industry sentiment, if the current A40 situation is due to poor management and poor Li2Co grades to start with.
Have never said holders didn't have a right to question management, not sure why you bring that up now as questions should have been asked months ago rather than now. I am very much for the questioning of management just see my posts over at Agy as i always take what management have to say with a grain of salt.
Any just imo. Good luck.
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