Common sense must prevail. The current prices for lithium have...

Common sense must prevail. The current prices for lithium have fallen to a level where it is difficult to make a profit. It is pointless spending money when the returns are not attractive. CXO has 280K ROM which will allow processing to continue until mid 24. This means that shipment will be made and revenue generated and hopefully we see a minimal cash outflow. I would think the other producers should do likewise and whatever stocks of lithium are being held will cause inventories to fall and see a demand and price increase.

Management has taken a bold decision and under current market circumstances, I think it is the right decision. There is no gain without pain. Furthermore management has confirmed that "The Company will continue to closely monitor market conditions to ensure mining can recommence should market conditions improve."