1MC 9.38% 3.5¢ morella corporation limited

Ann: Altura Lithium Project - Shipping and Operations Update, page-66

  1. 17,843 Posts.
    lightbulb Created with Sketch. 1250
    Hi buyhi, if you don't see it as a negative that they haven't shipped yet then I am not sure what you would see as a negative, perhaps you are just a very positive person.

    However, I see it as a negative that they didn't even give an indication of when they would be shipping, perhaps missed the previous windows too many times?

    Positives re the grade, well we already knew that it was above 6% from previous announcements, so didn't seem to be anything new there. Not sure what the spec is for Iron in the contract, so can't really comment on that.

    I have no agenda to keep the price down, in fact if the company took my advice and improved communications then one never knows, maybe the price would go up.

    So three monthly production updates, long time between drinks, why couldn't we be getting monthly ones during this critical ramp up phase?

    All just in my very humble opinion though.
 
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