RE:DebacleLGO stock got WHACKED once the production miss was released. I fully expect futher losses once financial results come out and here is why:
Q4-2021 vs. Q4-2022 numbers:
Tonnes sold: 2899 vs. 2774 (-4%)
Avg. V price (AM): $8.05 vs. $7.59 (-6%)
At the same time costs are WAY up. Unless they pull a rabbit this is going to result in a loss.
In Q4 they sold 770t more than they produced so inventories are running low. At the same time we already know Q1 production is going to disappoint again (2200t at best vs. namplate capacity of 3300t per Q). And that's only if things don't go wrong in Feb. or March again.
To sum it up, it's last year's catastrophic performance repeated.