Re MIN: “Let’s be really, really clear … there are no lithium...

Re MIN:


“Let’s be really, really clear … there are no lithium companies making money,” Ellison said.

“We’re throwing everything off the deck just to make sure we conserve cash.”

“We are battening down for the downturn while we feel like we’re dragging our feet along the bottom at the moment,” Ellison said.
While there were “challenging times ahead”, he stressed Mineral Resources was equipped to handle them.
“You just need to close your eyes and go, ‘We’re in a downturn’, no one is making money,” he said.

“We manage the business in line with the economic environment that we’re sitting in.”

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Other boats are sailing the same seas.

Interesting.