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01/10/19
23:45
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Originally posted by 8horse
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It's not about who's right, it's about objective.
Each company has own merits and demerits.
AVZ holders well acknowledged the issues surrounding, transportation, being the highest, but total cash FOB cost is still at low end of the peers (It has to be verified later on).
The best approach for management, under promised and over delivered.
No one likes missing self-imposed deadlines. The mining industry is hard to meet deadlines.
If making deadlines, better off giving buffer and delivering earlier, imo.
The lithium sector has crashed, just like iron ore, goldie in the past. That's quite common for mining sectors.
It will recover and usually faster than retail investors expectation. That's how institutions winning the game and retail investors losing money as the retails usually are happy to buy at high and panic to sell at low.
Anyway, Good luck.
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"That's how institutions win the game and retail investors losing money as the retails usually are happy to buy high and panic to sell low."
Food for Thought
GLTAH
Cheers
Frank