RE:Any news on starting plant construction in 2019?!stockhunter20001 wrote:
Sorry if my question so late, but I remember LAC SP dropped last year because they delayed the plant construction to 2019, and we are now in 2019! So did the production start yet?
If yes, when it will be done?
The timeline on their Nov 2018 investor presentation looks to place "plant construction" in Q1 2019 & "Commsioning & first production" Q3 of 2020.
So I think the right question is did plant construction start? There is no point asking if production started until next year Q3 (assuming they don't get aheade of their schedule.
Now a question for you: How much of a SP hit do you think the plant construction delay caused?
The lower lithium price could account for much of the SP decline on it's own. Trade wars aren't helping either.