PINL:OROCF - Post by User
Comment by
vchesaron Mar 19, 2016 9:48pm
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Post# 24680007
RE:RE:CEO interview
RE:RE:CEO interviewI agree with you. All the information he provided is already there at their latest Presentation date March 15th, 2016. This is an Australian based Finance Network and therefore the interview is not reaching out North America investors. The CEO has to take the initiatives to publicize Orocobre more in North America. In North America Lithium Stocks like Pure Energy Minerals, Djin Resources, Western Lithium, Nemeska Lithium etc are the ones getting all the publicity. However none of them start production in 2016. Of the above, only Western Lithium starts production in 2017. The rest are likely to start production in 2018. So Orocobre is in a very advantageous position especially being a low operating cost/high margin operation. Although stock did move almost 20% since the beginning of this year, I feel it is still very undevalued as it is likely to reach name plate capcity of 17500 tpa by Sept., 2016. I feel the CEO missed out to mention during the interview the large inventory of over 40,000 tonnes of lithium carbonate equivalent sitting in the pond system. With Lithium prices skyrocketing in 2016, that should bring excellent revenue to Orocobre.