A40 price action, page-181

Let me point out,  even if they receive $29m for the shipment in early Feb.  Their current cash outflow for the quarter is $51M.
They would make the loss of around $21m.

if they continue to ship more lithium in early April, the revenue will be shown in the June quarterly and assuming they continue to ship around the same amount,  they still continue to make a loss. 

So from my perspective,  they will need more cash injection soon either through debt facility or CR. 
sp hasnt increased much for this reason.