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$6.13 orocobre limited

Ann: Olaroz lithium facility update, page-56

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philh9

8,734 Posts.

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21/12/18

20:05

Post #: 36940288
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Originally posted by wgdt72: ↑

IMO not sure why anyone would buy now.
It may look cheap but until you can see a recovery we are a dead duck.

Down trend strong since the CR. With very little in the way of upside.
Not even sure why or how Richard has been there this long.
With not one target being met wy are we even still paying him a wage.

How is it even possible he recieves incentives. Honestly ORE has long been kept alve in a bull market for Li.
Time will tell how well we are prepared for any disount to pricing.

Those original ASIC numbers would be lovely right now.

I think we are in the right space to battern down the hatches as required to ride the bumps.
But still so many issues that prevented nameplate for so many years.
As it has been said - a new excuse every time.
If we were at nameplate then another story.
Since we have not you could count the lost revenue and it would probably be over $1b due to the excuses.
They are expesive excuses and they do not usually go without reprimand.

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"IMO not sure why anyone would buy now"

Well I guess you have my reasons @wdjt72 I think I will make good money, but no one knows the future, we will calendar it I guess.

Cheers
Phil.

ORE Price at posting: $3.00 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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