Bad news - Balama operations at the moment are a train wreck thanks to Chinese demand. Not altogether unexpected.
Good news - this is the first time we've had those Vidalia expected margins and returns officially confirmed. And they look very tasty.
The quarterly, certainly for me, highlights why some of us have held on to this stock for so long with such belief.
it's not so much about China and Balama and graphite sales, it's about the AAM pipeline into The States.
At 45k it's looking hugely profitable, at 100k it's looking like I'm retiring.
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- Ann: March 2023 Quarterly Activities Presentation
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