Why waste time and money on a strategic review when the solution is plain to see to everyone including the BOD. We need to produce chems to get us out of the PLL deal. It's killing us. Yes out SP went up 12 - 18 months ago even though we had the PLL deal because we were told we had a half built carb plant and we could be up and running fast. 18 months later we are still talking about a half built plant and still can't decide carb or Hydrox so the deal goes on.
My guess this is not necessarily bad management, I think it's by design.
If the price of lit drops below our floor price, will we force PLL to buy at the floor. I think they will probably want to renegotiate or defer deliveries and let PLL off the hook because it will kill them and they'll take us down as well.
ERRRRR!!!!
Why waste time and money on a strategic review when the solution...
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