1MC 0.00% 4.9¢ morella corporation limited

AJM, page-263

  1. 3,610 Posts.
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    Hey Arjay the best thing I ever liked about your comments was what you just said "keeping this until the end and ready to loose all if that happened". It's aligned with my decision. Lithium price and excess demand will certainly be recovered in MT, that is about 2020. Even Macquarie raised $1b to invest in MT. Between now and then will be very challenging for small lithium miners and explorers. Many will go bust and the last ones standing will reap big benefits of lithium price increase and serious supply shortages. Many analysts have the same view about MT and LT. Just hang in there like a cliff hanger to get through this rocky ride. Between now and then, company has to reduce debt and build up cash to be able to survive. That will mean more sales and reduce direct and indirect costs.
 
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