With all the fuss and nonsense about the brine ponds etc the actual earnings seem to have been missed entirely. What was a pretty good half for orecobre was exemplified by Eps of ~3.5c for the half a reduction in debt a down payment of 10 million to the hydroxide plant. Uptick in prices uptick in output. And a consolidation in capex and opex .
Does anyone else think that the financials are pretty ok considering and that if by some chance that this forecast output turns out to be a lot of fuss about nothing this whole thing could be way overblown.
ORE Price at posting:
$2.84 Sentiment: Hold Disclosure: Held