Ann: Olaroz lithium facility update, page-107

hi guys, i have been in the backseat watching for a while. Appreciated if you guys could share some of the fundamental thoughts following mixed of negative and positive news recently.
here is what i think ORE fundamentally is :
- production is on track according to FY19 plan.
- margin is lower than sep qtr, but still making big margin
- EV and renewable energy is a growing industry, i.e growing lithium industry
- management is crap, but the Japanese will be there to guide them.
- there is a deterioration of lithium grade ORE is producing recently.
- a potential take over target by Toyota once Toyota EV production ramp up

Having said these, ORE is still a profitable company with enough free cash flow generation to at least does not need another capital raising until the stage 2 finished.
In addition, Toyota and Australian Super average purchased price is significantly higher than the current SP. Hence, I think it is definitely a buy at current SP and oversold with no fundamental issue (i.e. ORE will not go VA).

however, there is 1 missing piece I am keen to hear from everyone. What is the impact of US-China trade war to ORE?

cheers,