Tend to agree. SYA burning huge cash, LTR likely to do the same - but neither look likely to face up to reality.
Also, based on MINs quarterly this morning - Wodgina is now well under-water and Bald Hill I think as well (although the company coincidentally decided not to provide any FOB cost for Bald Hill).
I'd like to see at a minimum SYA go into C&M and ideally Wodgina as well (but If I'm honest, my impression is that neither company looks likely to do this unless SC6 really crashes to something like $800/t and forces their hand).
LRS General Discussion, page-18497
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