PINL:OROCF - Post by User
Comment by
RickHunteron Dec 18, 2019 1:53pm
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Post# 30469213
RE:What is happening with $AAL - ORL still supporting them?
RE:What is happening with $AAL - ORL still supporting them?
still supporting them. But AAL is still in prefeasability, they have a big bassin but no plant in production there yet. So AAL produce nothing and do no cash, just debt after their refinancing of summer 2019. The lithium price is rising since september 2019 but in february it will go down again. Its cyclic stock. Oversupply and easy to exrract lithium for any mining company. I heard Glencore look to enter the market. LAC help them to look at the market and production process... We are 4 years too early for the EV boom...