Ann: Orocobre Limited - Recent weather at Olaroz Lithium Facility, page-18

How can oversupply be considered bollocks?

Where is the oversupply apart from the stockpile of rubbish ore in China ?

Morgan Stanley spooked the market with it's outlook for the Lithium market going forward which was based on unrealistic assumptions such as SQM doubling production. It's since been discredited.

LT production forecasts won't keep up with the demand going forward is my understanding.

Rain in brine ponds is a normal condition that is accounted for, excessive rains only cause delay due to more time needed for evaporation unless the ponds have been destroyed.  

My only concern with this announcement is that I have no money left in trading account to buy any more ORE stock at this time.