Col im sure you know they are lining the ponds in SDV and are forecasting a fair bit of cap ex this quarter.
Of course the cash will be lower and we all know that shipments have slowed cutting down earnings.
How much Spod is already waiting for sale? What is that worth given all production cost have been incurred.
What about the plan to cut costs and production because they already have a stockpile and are planning to treat some ore that was not up to spec by putting is through another sorter.
Now I get that earnings won’t look good this quarter or maybe next but I think during the second half of next year you will see better volumes of shipping and the reflection in costs of mining improved as they use some stockpile and use some already mined ore.
Li stocks up a fair bit overnight
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