Not sure that any new converters are commissioned and ramped up without any problems or delays. It is par for the course. There was already a minor delay flagged due to Covid. Top quality Li Chem production is far from simple and the product is playing in the A-league. Cracking the Japanese market is tough, but Toyocobre has the advantage of being on home soil - even if it has to contend with Nuclear Fallout and Godzilla incidents. I would be much more concerned if the Carbonate to Hydroxide refinery was located in China competing for the attention of Japanese offtakers. ToyotaTsusho has a global leader in purification technologies - Veolia - doing the build. They have a good handle on the feed coming from Argentina. I think most investors understand some patience will be required.
ORE Price at posting:
$2.56 Sentiment: Buy Disclosure: Held