agreed and will also contribute to sending a message to the Argentine govt that the tax will cause job loses, and reinforce the current plan to only make it 2 years. Maybe there is an opportunity to get a grant or tax relaxation on both to keep it running. From memory the Borax business was mostly strategic for Government requirements at some stage but cant remember what exactly for.
Definitely remember it being raised that the business was only ever expected to breakeven/make small profit and held for strategic or legislative reason.
ORE Price at posting:
$3.55 Sentiment: Buy Disclosure: Held