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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