Don't know why any of this is a surprise.
We are at the mercy of the industry now. When the industry needs our lithium, things will improve. But until then we are just trying to burn as little cash as possible and survive.
The thing is... everyone is saying the tide will turn. Stockpiles will be depleted and we will go from oversupply to under supply. What nobody seems to know is just when that will happen. Will we be able to survive until then?
Ann: December 2019 Half-Year Financial Results, page-25
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$3.05 |
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