Business is always about offer/demand/inventory/productioncost/grossmargin/forecast/businesstrend/confidence/businessclimatindex
Nickel price is currently trading between 9.5-10usd/lb
Inventory: Very low
Our cost1 is about 5Usdlb (very conservative)
Regarding POS i don't see any strong reason ( may be grid power) to defer it and to kill our ambition and beliefs
Now, we all know when to defer something. Share price is smashed. Offatker/investor may have known about it.We may see the news holders!
If the operations are between mid and end of 2024.we can expect our sp to sink! Give me a reason it won't!
We will need cashflow to increase nickel contained nickel resource. Each quarter costs us about 4 million$
Selling assets is never a good sign to send to shareholders! It can be in a long term
I really doubt about our future. I 'm losing confidence about our real value ( facilities, mills, nickel contained resource)
I'm scracthing my head! How can we survive ?
I' asking all LTH to stop lying to ourseleves. Since 2007 to August 1, 2023 - We have failed. Without equity via capital raising; we will all be in jail.
Fredy
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