Where's the disaster? Have we stopped producing spodumene because the plant was badly constructed and has broken down? Has management all resigned due to conflicts within the board? I don't see any disaster. Sure I see the share price has dropped when we expected a lift from commencing production
The following companies must all be having equal disasters to us based on their 12 month high vs price today
AJM high of $0.51, currently $0.275
GXY high of $4.54, currently $2.96
ORE high of $7.44, currently $4.37
AVZ high of $0.37, currently $0.105
So no, we're not in any especially disastrous situation in regards to the share price compared to any of the other lithium hopefuls or producers.
TAW Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held