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09:28
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Originally posted by DoctorFouad
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I think we should also take into consideration that whatever profits olaroz lithium project will generate, sould be shared between the joint venture partners : Orocobre (66.5%), Toyota Tsushu (25.0%) and JEMSE Argentina (8.5%).
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Incredible post Doctor F. As complement try to read one of my old post related with this issue:http://hotcopper.com.au/threads/see....2818656/page-4?post_id=18393473#.V_eVc2dkDDc just a paragraph from the above: This is the "dark" part of ORE. No idea about the real figures of its operation. As the Olaroz JV is accounted as for off balance sheet the info disclosed is limited and let ORE hide some things. It's impossible to know exactly the revenues and the cost; also the level of losses and so on. You must trust ORE (you can pray also). But remember you were receiving promises and promises and they were postponed always……
