Coming in from an outside perspective here (I do not hold). Everyone seems to be very focused on the operations but no one is looking at the cashflow.
Receipts from customers this quarter $33,736,000
Payments for this quarter $40,717,000
^ That in itself is already a loss. Looking toward the future we can see estimated cash outflows increase to a total of $57,700,000. This is an increase of costs by $16,983,000.
Had you guys not received the below finance from Galaxy you would currently be ~$2,000,000 under.
This is factual information from the cashflow report. Stop blaming management, stop blaming the lithium market (although yes it is unfortunately not great at the moment), and look at the numbers.
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