Next Shipment - 9th of July, page-38

ORE have just announced a hit to their forecast production due to snow falls and severe weather in Chile.

"The direct impact of inclement weather at the Olaroz Lithium Facility was less severe than at Paso de Jama and limited to light snowfall and cloudy conditions since mid May. Nonetheless, these conditions have impacted on evaporation rates resulting in lower harvest pond concentrations and lower than expected production rates. As a consequence of the combined effect of the short suspension of operations and the continued adverse weather conditions, it has now become apparent lithium carbonate production for the June quarter will be approximately 2,400 - 2,500 tonnes. This will result in FY17 production of approximately 11,700 - 11,800 tonnes of lithium carbonate."

And ORE's market cap remains greater than GXY................ go figure???