Orocobre Ltd. Milton Qld OROCF

RE:Next NR

[Audax77]

I'm not expecting a very good September quarterly report.
Judging from the export records, it looks like 2100 tons produced in the quarter; less than half of nameplate rate. 
Average price is up to over 11k/t, but cost/t will also rise with the lower output.
I expect that will be poorly received by Mr Market and cast alot of doubt on H1 guidance.
An announcement re: LiOH plant would temper that a bit.

December quarter is off to a good start with 610 T exported in the 1st 15 days of October.
Not saying export records = production rate, but it's a very good sign.

I'm struggling to decide if I should step out of my postion before the report and try to get back in after the fall-out, or just ride it out.

JMHO