The way I see it, management missed the OTA opportunity/ies. We are now at batten down the hatches as we are in the eye of the storm and there is certainly more to come.
Profitable as in $1 profitable or profitable as in Millions. One can run at profit that simply ticks itself along until the resource is depleted or it can run at profit and grow. Looks more like option 1 at this stage lol.
If we can ride this out, it will be only the strong explorers, producers and refiners that survive and it proves our operation to competitors that we arent simply cowboys hanging on for a short ride.
That said, Moblan is a big asset regardless and whether we end up selling it or get it to Hydro/Carb. It will be much easier regardless, if its on the other end of the lithium market cycle.
SYA Price at posting:
8.1¢ Sentiment: Buy Disclosure: Held
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