They had a chance for deal last year and rejected/blew...

They had a chance for deal last year and rejected/blew it.

Without knowing the terms of the deal how can you say they blew it, JB is well aware that OTA's can and have been be reneged on. We will never know so why bother even raising it.

We started our ramp up during a price crash regardless and the only strategy was and still is survival through cutting costs, not expecting some white knight to bail us out by taking a loss or risk themselves and if they did would have serious strings attached. Its a bear market and no prisoners will be taken.

The good news is we are still in the game, costs are coming down and our product has gone through qualification with various potential clients that may lead to an OTA of some type but in the end the price of spodumene rules all players in that space.

You say thank God we are debt free yet the very people you moan about not only kept us debt free but made sure the balance sheet was strong enough to still keep us in the game.


Cheers Whisky