Challenges still ahead, for sure...but MC has set a specific...

Challenges still ahead, for sure...but MC has set a specific course and compared to peers has, so far, executed brilliantly.
Bit of a stumble along the way, sure...but compared to, as you mentioned GXY, or even AJM, another massive dilution for Current holders, just to possibly get to nameplate...ouch ..there is IMO no comparison...and if we can bring Stge 2 (fines) online without any further issue of shares...at this stage, if we can maintain current output and combined with the $20mil debt facility still available, there is a high probability of success here...then that will be hands down the best investment in the Li space that punters can make today.

Anyone standing on the sidelines...don't be misled by the oversupply theme and the associated downward trend 2018 had on the Battery Materials...it has served its purpose and the big whales are now loading up (My pure speculation) ...but can't suppress the evidence forever:


Look at what happens in a short period of just 2 years...2016 -2018
and that was on very limited EV models and does not show OTHER EV sales ie Buses, bikes etc...and my favourite, which are Li Batteries for storage...massive growth during 2019, and with prices of KwH storage coming down combined with all the new EV models coming to a showroom, starting from this year and increasing year on year going forward. Investors will have to make up their own mind who to listen to.

I am astounded that so many shares were traded yesterday both here and in Sing, and punters were still selling below .20c  -- fascinating stuff