INR 0.00% 20.5¢ ioneer ltd

Kevo When the DFS was done Lithium prices were much higher , and...

  1. 524 Posts.
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    Kevo When the DFS was done Lithium prices were much higher , and demand looked stronger in the near term - whilst its been indicated costs have improved the stock was trading up around 28c from memory - i had a rough revenue of 300m of top of my head. The stock need 1.5 * mkt cap at the time for financing , now i think its closer to 2.5-3times. Management are superb but you still need customers so if we can get some guaranteed offtakes and the financing sorted then this will be ok and rally post pfs but without that as you quoted if we cant get financing then we can wait out the market but unfortunately the stockmarket wont wait for us. I have plenty in this company but i think its a real long term play now unless we get financing , offtakes by year end if not id be happy for it to be sitting around here otherwise i think it will be closer to its lows than 20c.
    This is a real management play now I reckon, and if financing is obtained how its structured will be important.
 
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