How can oversupply be considered bollocks?
ORE's own Dec 2018 Quarterly report shows that the average price they received for lithium fell by 28% (between Sept and Dec 2018). Even though production was up QoQ by 65% and Sales were up 41%, revenue only increaesd by 1% QoQ and declined by 4% YoY.
This is 100% due to global over supply and the dramatic fall in lithium prices.
Ann: Orocobre Limited - Recent weather at Olaroz Lithium Facility, page-16
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