Agreed - I think they need to drop their production cost per dmt something like 40 - 50% based on their June quarterly? And from what I can make out, their reported cost of production in the June quarterly hardly dropped at all compared to the quarter prior - so I'm pretty doubtful over their ability to get this down. C&M would preserve cash, take a bit of supply off the market and hopefully we can rocket back up when the Li price turns around...
Bankruptcy negative Cashflow, page-248
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