It could also be that the new boss would prefer to under-promise and over-deliver, in contrast to the previous record of over-promising and under delivering.
It is also important that they get product quality and consistency right before trying to increase volume. The forecast for 2019-20 is "at least" 5% production increase, with a greater proportion of battery grade, better quality, and lower production costs. Current pond inventory is greater than at the same time in the prior two years. IIRC the production forecast is based on the same (low) pond evaporation rate achieved in 2018-9, which was itself below average, so again the forecast is conservative.
ORE Price at posting:
$2.35 Sentiment: Hold Disclosure: Held