ORE 5.11% $6.13 orocobre limited

How can oversupply be considered bollocks?ORE's own Dec 2018...

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  1. 146 Posts.
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    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.
 
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