The numbers don't add up. We keep hearing about oversupply from China but then we hear refineries are running at a loss and mines in china are going into care and maintenance.
Where SYA needs to perform is the AISC. If we can get it to even $700 a ton and lithium drops to $1,500 we will still be making a profit.
Clearly at this point the BoD don't give two shits and are happy to remain silent so will take them at their word things are on track.
I highly doubt Gina would be trying to acquire LTR if the outlook was so dire.
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