It is reassuring that the plant is producing now.
The board and management, however, have put the cart before the horse by
announcing the Lit 1 takeover & cap rise before announcing the first sale
of li Carbonate.
IMO had the Li carbonate sale been announced before the Lit 1 deal, then we
could reasonable expect a SP of $1+ now. I lieu of this, we should now expect
performance and no more fancy deals. We simply need sales with
a money in the till. We dont want the biggest Li company in the world; we simply want the most profitable one. Retail investors need profit now and not in 20 year's time.
We employ management to manage; not to be the victims of poor timing.
With kind regards
Moorookamick
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