Allkem Ltd T.ORL

Primary Symbol: OROCF

Metals & Mining Industrial Metals & Minerals

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

Allkem Ltd

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Comment by Audax77on Oct 16, 2017 12:33am

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Post# 26815181

RE:Next NR

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