The company has enough cash to survive the next 12-18 months....

The company has enough cash to survive the next 12-18 months.
After that it all depends on what the Lithium market is like.

The biggest issue the Company has right now is its debt and weak balance sheet.
Half year results are due very soon and I would not be surprised to see a half year loss of at least $16M plus maybe an impairment charge of $100M .

I think the other key thing to watch is what happens to AVZ Minerals.
Many non AVZ shareholders have been very sceptical that production would never happen but it does now appear that this may well happen.
If they have found a cheap solution to the transportation issue I believe this will be a game changer in the Lithium market. A new player with a massive resource that has higher grades and lower costs than most of its competitors could keep the Lithium Price low for many years to come.
I am not suggesting buying AVZ (and I do not currently hold it) but its something that I would suggest keeping a very close eye on as it could have a major impact if it does get up and running.