You could come up with any number of theories but when the price of your product collapses so does the shareprice and we are surrounded by examples and there have been countless other examples in many mining sectors over the year, even GXY who have no debt and are well cashed up have a floundering shareprice, it's tough out there so you batten down the hatches and keep yourself in business untill the tide turns..battery manufacturers supplied by battery grade Lithium converters using Spod are stuffed without it, so there is a lot of reasons for them to work together and get through this period....
Cheers Whisky
Ann: Pilbara Minerals Equity Capital Raising, page-160
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