RE:RE:The Crux of the matterSo much drama !!
If you are going to talk percentage, then explain why Albermarle is down 45% off their last year high.
CRE is down 46%.
So a running and profitable lithium producer and a want to be one have declined by just about the same amount.
Take a step back to put things into perspective guys.
Just saying.
Meanwhile, the demand for north american lithium is far from being met any time soon.
Most of us would like to travel back a few months to sell at $2.92 and buy back later or not at all, but since there are no reliable crystal balls that I know of, here we are now.
A financing deal will materialize in the coming weeks or months, I am sure of that. Where will our SP be after that ???
Your guess is as good as mine. In the fall lithium sales are forcasted to pick up and the price decline will molst certainly flatten out or start to rise again.
The good news is that our latest numbers in the revised feasibility study still stand today and are very profitable.