Following up on JH's Lithium carbonate chart, X marks the approximate date the plant restarted and the ramp up began, the first concentrate shipment a few months later fetched around $US2300t and the proceeds of that combined with the $200m raised have kept us in the game to date. Its always worth looking back to understand why we're where we are now. You can't plan for a chart like that it just takes you along for the ride.
The hard yards at NAL are largely behind us and the only real solution is for that chart to change direction and soon, only then can we take C&M off the table and consider other options IMO..its a very sobering chart...
Cheers Whisky
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