Some of the posts here are seriously cringy. The bar keeps getting lowered and like a pack of obedient holders that fail to question any material development.
Where does one draw the line? These same holders will still give themselves excuses if this operation went insolvent.
Has anyone asked if today’s news may be a well timed announcement that aligns with not being able to meet guidance in FY23? The irony, we were only discussing the company possibly not being able to meet FY23 guidance weeks back and then (hocus pocus) today’s announcement about 2 weeks before EOFY.
What about the C1 cost moving up to AU$13.50/lb for the quarter? What does the AIC look like?
What will the AIC look like for FY24 now? What are the cost impacts associated with remedy of the issue? Does this event raise the chance of capital raising? Why are there constant issues? Weather, maintenance, power outages, shipping delays?
