Ann: Olaroz Lithium Facility Operations Update, page-8

  1. 768 Posts.
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    Whilst the delay to break even production levels is disappointing, the key item of interest in the update is the following:

    "it is expected that Orocobre will be able to provide Sales de Jujuy S.A. (SDJ) with the necessary financial support through to positive operating cashflow without recourse to further funding"

    I suspect that a concern about the need for a further cash injection (from shareholders) is a major restraint on the share price, and this concern may be reduced by this announcement.
 
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