I find the figures are reasonable. Looking at the prior sales prices in Jun17 qtr, Sep17 qtr and Dec17 qtr, ORE has achieved $10,696, $11,190 and $11,550 respectively. Imo this qtr $10,587 is aint bad. I suppose the Sep18 qtr price $14.6k was a blip on the moon. Current production volume 3,782 is also in line with our expectation for this quarter. The challenge for the next qtr is to maintain the production volume and keep the soda ash costs lower (under $4000 per tonne preferably) and of course, more sales
I am happy to hold.
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- Ann: Orocobre Limited - December 2018 Quarterly Report
Ann: Orocobre Limited - December 2018 Quarterly Report, page-6
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