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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0.008 | 2599000 | 3 |
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