They can ramp up Jiangsu to cover most of the interest payments and running costs, while getting more money in from the spp. This will give them breathing space to find a partner with a lot of cash behind them to help develop SdV and help with the near term debt. It's looking tough for the company but the price of lithium carbonate is not fixed - it could rise which will be a great help. Our assets are not worthless. They know they can't go back to the market with another CR - they may get an institutional investor on board to help, or ask for more money from the largest holders.
Now can you answer my question?
why do we have a sudden drop?, page-29
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)