Putting a mine into care and maintenance is the sensible thing to do.
Preservation of the value of your orebody is priority.
This does not mean that it has been a poor investment decision by Albermarle..
GXY have now a period where they can rerun some of there old stock at reduced rates while protecting the value of its Orebody and keep things ticking over.
A40 may provide an opportunity in this depressed market, if so GXY should take it if they can.
Taking advantage of a time where the miners have got in front of demand equals opportunity,
Acknowledging this fact is the key , but how punters play this creates the market.
Cheers
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