close but no cigar. We are actually well into July now and the price is sub 1000USD a ton
So as I have now been pointing out for months. Was ramp up the correct decision???? The strategic review didnt really shed any light as to why to continue ramp up. Other than for staff retention and the possibility (not certainty) of lower unit opex. Point 3 being the most important was our price.... You cant keep a company afloat with a lithium price that still hasnt bottomed. So who made the call about some sort of price improvement?
As I again continue to state. Who did our board use with regards to their comments on a "much anticipated turn around in lithum prices". Making blanket statements without facts, figures and industry specifics presented to shareholders.... as an ASX listed puts you as a penny dreadful. An the market has determined this accordingly.
We have also had a new CEO for close to a month now and the silence is still deafening. The lack of shareholder confidence at rock-bottom lows and a company a drift with a mega storm front on the horizon....
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