Calling it as I see it, this is an overly emotional response. Let the business continue to build what could be an absolute behemoth -- this sort of investment takes time.
The argument that the company shouldn't be spending cash is ridiculous. You need to spend cash to establish your future prosperity, end of story. If you can't fathom that this isn't the investment for you.
What I find interesting from the article is this line:
Is that due to the fact you have essentially lost that first mover advantage? Syrah has arguably taken pole position with regard to that. That said, it is also irrelevant in this industry. There will be a serious lack of supply by 2026, it won't matter who was first -- all will be required. Does the above more relate to establishing non-fixed prices, with much more secure/meaningful contracts? Who knows. Time will tell.
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Calling it as I see it, this is an overly emotional response....
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