All this anger won't solve anything. Just remember the Lithium plus fertiliser products were never going to be showing a return until 2010/2011 anyhow. Also we wouls have to raise a loan of $US800 million to facilitate building the plant - and who was going to give us this sort of brass in this climate. By unloading RLL we now can concentrate on purely I/O. The minimum returns of 1.3MT in YE 2009 at AUD0.65cents will return a share price of 0.20cents. We weren't going to get that return from RLL in 2009. I haven't even factored in the possibility of a JV with Wisco or the litigation returns from Farkas, Besalco etc. So stop your bloody hand wringing and hair pulling and accept we now have a different set of goalposts and new goals to achieve,
cheers,
Ray.
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0.6¢ |
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Mkt cap ! $15.77M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 50933 | 0.6¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 4242345 | 2 |
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