1MC 20.0% 0.3¢ morella corporation limited

AJM Chart, page-4571

  1. 17,842 Posts.
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    Hi Cash, I would not be disappointed if they put phase 2 on hold until phase1 sorted. A number of Lithium companies seem to be rushing to expand even before bedding down stage 1 IMHO. Take the time to bed down stage 1, get cashflow sorted then look at stage 2, they will still beat most other wannabees to the market with their phase 2 production.

    As I think you suggest, stage 2 plans look more like an exit strategy rather than an expansion strategy at this time (until cashflow resolved).

    Anyways, all imho as usual and hope to have you back on board at some stage (don't worry BOD, not suggesting a coup, just get the stuff on a ship. lol)
 
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