....lithium producers have now only got Hobson's choice - produce for revenues at a major loss OR not produce to conserve cash. Which is the lesser of the two evils?
Since 2021, $SYA have raised ~$610M in equity. They just posted an FY24 loss of ($101M) on $201M revenue. Current market cap is $272M. Prices now even deeper in the toilet than last year. $SYA.AX once briefly hit $2.95B. Bit of a poster child for the whole #lithium space. https://x.com/mondyinvest/status/1829320328369299707
