That’s probably for a variety of reasons, why Altura survives.
Better management, with their own money invested, not just freebies.
A lot lower strip ratio.
Better quality lithium.
Much better clientele.
A complete plant, not an add on LEGO style.
2nd lowest cost producer in Australia.
The list goes on.
Obviously you couldn’t read the announcements released by A40, there were enough Warning signs, but you still held, the onus has to be placed on yourself also, for your investment loss.
A40 Price at posting:
8.2¢ Sentiment: Sell Disclosure: Held