RE: DrPineapple12 Dec 2023 09:23
Administration π theres a 100mil in the bank and 0 debt. Point me out a aim listed company in a better position.
All thats occuring is a slump in spod price, sentiment with it. 9 European gigafactorys come online next year and twice as many more in China.
All this sector is in a down trend due to that. However what goes down must go up.
Personally think spod price decline is going to wipeout the feasibility of many many juniors. Remember i use to bang on about c1 costs opex amd capex at prem ? Now you know why.
Our C1 costs is like $650 per tonne. so even now there is so much profit.
Ride the storm, then ride the wave.
Of course you can sell.... i dont really care. But youll be back.