I disagree with all this doom and gloom, they are a matter of months not years away from nameplate production. Even if the december target gets pushed back say 3 months they will still be earning circa 40 million a year for a very long time.
If they drop below $2, they probably will, I would suggest that they are a strong medium to long term to buy.
Lithium is a notoriously hard element to process which is why new entrants are slow and limited. Look at the time ore took to design and construct their plant or gxy's plant. They are a headache, but once it's ticking along it will be a strong, steady, reliable earner and any expansion project will be infinitely smoother.
- Rough on short termers but maybe a buying opportunity for the long term?? Always know your risk and DYOR.
ORE Price at posting:
$2.10 Sentiment: Hold Disclosure: Not Held
