With the way the Advantage team is pushing Cauchari and the Orocobre team is hanging back on Olaroz phase 2 both projects may experience the exact same economic and financial conditions.
At the beginning of calendar 2018 we were supposed to get the FID on Olaroz phase 2 in "early" 2018. A full nine months later and there still seems no movement towards FID (I suspect there is some sort of blockage in Japan rather than in Argentina that the company is not fessing up to). It seems they can do earthworks and peripheral jobs but clearly something is preventing them from starting construction of the expanded processing facility.
ORE Price at posting:
$4.24 Sentiment: Hold Disclosure: Held
