$2.20 perhaps, although there is good buyer support at present up to $2.30.
I didn't read this as a negative announcement. It was an honest appraisal of their situation, which is getting a new processing facility de-bugged and running smoothly. They expect to be up to capacity within months. The price of lithium is up 10%. Demand is stronger than ever. The share price isn't going to skyrocket any time soon, but it also won't collapse. By this time next year I predict that long term holders will be very happy to have held.
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