As I alluded to earlier today given the shorts increasing substantially, there are some obstacles to overcome going forward, potential delays to stated timelines are likely. Will more money be needed, I’m not sure. Now naturally it’s in Paragons interest to say this because they seem to be short some lithium plays but it lines up with what I’m hearing too.
“Firstly, the Pilbara-based projects in WA will be delivered much later than anticipated, as evidenced in recent site trips. Also, the mines will unlikely meet their respective nameplate capacities or desired product concentrate specifications. “
Paragon Funds Report, page-2
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