No a quick fix for the brine ponds but it will not be capex heavy either, production will lift significantly from Q4 this year as production improvements kick in, and there will be no capital raise (there will be cashflow of US $35m). Current Lithium price of $9,000 and cash cost of US $3500 ( dropping to $2500 post the stage 2 expansion) ORE has great margins. Short squeeze coming.
No.1 shorted ASX stock...., page-34
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