RE:RE:RE:What's the heck!Hi Ocean,
I was in ORE a long time ago, and left it a fe month back. It is just my opinions:
1 ORE still cannot fully produce BG lithium carbonate, and most of their product is technical grade and compete with Chinese producers so they cannot win, last Q they sell their product at about $3200/ton, and cost them $3500/ton (the numbers may not be correct);
2 They are still not reached full capacity (17,000 tons/y), and they only produced about 12,000 tons, after 5 years production.
3 Market does not give the management any credibility, so no premium on theur SP.
tiger
oceaneleven wrote: news can't be that good if inisder is selling this week...something fishy here..if it's not so good news you can join me over at Orocobre-ORL ...this is solid lithium play, in same price range and has solid business jv partner-Toyota..also aregentina play....I don't and will never ever again trust Farhad ...