RE:RE:ManagementRight on Doctor , I myself have never been really impressed with this management , but to be fair , they were never mine managers at all , they were investors and finaciers , who were in the business of financing startup resource companies and selling them off at a profit when close to production and well established.
They just got stuck with a company that no one seemed to want , until now , POSCO could be a big deal for LAC.
If POSCO agrees to build and operate the mill , in exchange for use of the resource , LAC itself shouldn't need much in the way of capital to sustain itself until production and sales of lithium and other products make the company self sustaining.
I wonder what the time frame will be for construction to startup ?
And remember , they will continue to operate the existing mill at least bringing in some revenue in the meantime while advancing their new process.
If it all comes together , being the first in the industry to go into commercial production using their new process , it WILL be a big deal.
I suspect at some point , POSCO will actually be calling the shots here , and I still think the current management will eventually want out with some profit , but only time will tell.
And the time is getting shorter , something will happen soon.