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12/03/18
17:00
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Originally posted by jamesph61
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....Cabot have been operating off stockpiles for years ......
They have had enough to fill the orders just sitting there ... for YEARS
and profits have dropped not because of increasing operating cost (no mining). but Actual SALES! have dropped
And you do remember seeing JD's web site advertising 200 to 400mt mt of CsFB for immediate delivery ........ Ex Shanghai China ....
the've been advertising that for years so doesn't sound like too much of a shortage to me if they can continually supply those quantities at the drop of a hat .....
The way things are shaping up, after burning 11-12 mill so far in the name of cs , the company that pioneered the lithium industry in WA will Be lucky to get $10m out of it IMO
anyway ............. seem to have hit a nerve with Cheynne so leave ya to it Loc
Cheers ..... J
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James, if you are right, then DC is telling porkies.
We will soon know.