RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Rose WestMy comment from when I spoke with JSL back in February. It's clear that they have considered all of this and are looking at all options that make the most business sense. I did throw out China during the call, but JSL just laughed as obviously it wouldn't make any sense economically (I knew that just wanted his confirmation that China is 100% not on the table).
"I then asked about conversion capacity once they are in production given that there really is nothing available at the moment in NA and most projects are only starting to ramp up or have made plans to put it in place over the coming years. He really couldn't comment on that, but confirmed that they are looking at NA and Europe, so it appears that that there may already be something in the works from that perspective hence why he really couldn't comment more on that point. My personal feeling is that CRE has this piece well under control."
The share price is going to linger until we have the financing package secured and there is a clearer path to production. There is nothing interesting happening at the moment on the macro side of things either as the Lit prices only had a small bump from the bottom and have somewhat stabalized at these levels for now. There is nothing to get overly exited about at the moment, so we will most likely trade in this range until we get the news everyone is waiting for.