Agree, there are actually many positive aspects in the report like no Covid19 cases, Naraha delay only 2 months, battery grade quality share of production 29 %, up from 23 % in the last quarter (according to the CEO during the last briefing).
The currnt quarter production costs and average selling price are almost meaningless considering the EVlution that has arrived. EV sales in Europe up 95 % in June. China EV sales recovering. BYD Han for example has over 30K preorders. If you read what I am posting in the battery & EV thread, it is quite clear that lithium prices will rise sooner than later.
ORE Price at posting:
$3.08 Sentiment: Buy Disclosure: Held
