So 275 tonnes mixed batteries. That's not going to feed mice let alone a battery recycling facility reliant on Li. to make a buck. Then look at just that little accounting anomaly the bravely reports COS exceeding receipts from customers by a whopping $2.3 M. Now that's the more worrying position. So the other takeaway is the "appointment" of a mystery trading company to drag MMD around the block - what happened to the exclusivity with SungEel ? Maybe they didn't get the offtake tabled in 2019's MOU ?? What is the MMD volume vs actual shipments and what value has been returned. How much of the recipts number is attributed to the "hand-outs" provided by the BS Scheme ? Then there's always the "micro nutrient" project. Wonder where that's at ? Nah, seems like another soapy episode without any substance.
LIT Price at posting:
4.7¢ Sentiment: None Disclosure: Not Held
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