Thing is they took money when they would have well and truly known the Prod issues. ORE is really pushing the friendship with What is going on. Price ramped up for a CR then driven down by shorters with a production down grade at the end of it. Shorters are the same as the CR managers. WOW. Not saying anything more we all should realise what is going on. ASX still with its eyes shut IMO.
All you can do is understand the market forces behind ORE and try to work with it.
Another downgrade 17.5k to 14k now more like 12k
Weather should not be an excuse anymore given the time ORE has had over there.
It is really weak iMO. One year after another. Next we will be at 10k because of more clouds.
I understand to some degree that ORE Prod can be affected by weather but it seems that a number of times now they are claiming weather related issues.
Another average year ahead.
On the plus side think we just wiped off the MC of the latest CR so we are back where we started from.
Plenty of other good news to come but they had better pull their finger out.
This is the time Li producers need to shine.
Market forces may well change in a year or two.
They should really putting all the efforts into getting what they do have to nameplate ASAP.
Forget the rest till then.
Just a bit of a ramble.
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