Long term I am of the opinion that the CR was most definitely worthwhile and necessary, as it unlocked SDV progress, JB dfs and paid down expensive debt
Short term but, I think it's almost entirely responsible for the 25%+ SP fall, the liquidity given to 'Sophisticated Investors' has allowed them to short and batter the SP mercilessly, making money the whole way down.
Short term pain for long term gain, I hope.
ASX: TAW 2018 Lithium Pricing - US $1,000/T, page-41
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