Hey Dutchy, my understanding is that the decision to not automate the pilot plant in the wake of the current market conditions was about preserving cash. If the pilot plant hadn’t done its job of proving to those that matter (Mitsubishi RTM etc) then management would have continued on. But all things point towards them being satisfied, so we preserve funds while waiting for Development Approvals.
Battery companies don’t like their lithium older than 6 months. This issue single handedly creates a major issue for those thinking Lithium is an easy sector.
Hope your 68c comes in mate. Current fair value today imo is 28c.
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