They were 7.5% below their self proposed target for the run rate at the end of December. I think the market has always expected them to get there eventually, I think it is whether they need to raise more cash on the way to there that matters, and whether there is enough margin of safety for other commissioning surprises, or supplier issues. So the odds of a crap raise must be higher now - but difficult to quantify.
The Global X Lithium ETF is nowhere near shooting the lights out ATM. http://www.marketwatch.com/investing/fund/LIT/charts?CountryCode=US
Good luck all - I decided to short some around 226, and didn't take the exit at 215, oh well. See what happens. Maybe soon I will be longing this one again.
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They were 7.5% below their self proposed target for the run rate...
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