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Allkem Ltd T.ORL


Primary Symbol: OROCF

Allkem Ltd formerly Orocobre Ltd is an industrial chemical and mineral exploration company. It explores and develops lithium, potash, and salar mineral deposits. The company's segments are Corporate, Borax, and Olaroz. The majority of the company's revenue is derived from the Olaroz segment.


PINL:OROCF - Post by User

Bullboard Posts
Post by Audax77on Dec 14, 2015 1:07am
204 Views
Post# 24381892

Turning the corner?

Turning the corner?
I know things were feeling very precarious over the past few weeks.  There was a late update, Li2CO3 output wasn't closing in on break-even rates fast enough, the musing about building a LiOH facility when they haven't even debottleknecked their Li2CO3 facility yet, and the sense that we were heading for another CR, yet again.

Then late last week; we have employees exercising options, talk of lithium shortages in Asia and today ORE closes up 12% on the ASX.

Hopefully a sign of things to come.  
Bullboard Posts