Originally posted by Just_Westy
Bit of water in the ponds isn't such a big deal as long as there isn't any damage to infrastructure. Briners have been dealing with this exact same situation for many years.
Yeah they are rather vague about how much more rain fell than on average... from bitter experience I know to take anything this bunch says with a teaspoon of brine, sounds to me like just another excuse for yet more underperformance ...
As well I notice that Manuel could not even be roused from his siesta back in the leafy suburbs of Buenos Aires to sign off on this price sensitive announcement: we're paying a million bucks a year for an absentee MD.
Also I wonder what their definition of "imminent" is? I'm pretty sure that the company said more than a month ago that a FID on the LiOH facility was "imminent".
Such is life.