Pilbara Minerals is the only company to have made any money in the last lithium bubble, the rest have fallen by the wayside. Hard to see unit costs not going up with reduction to 3Mtpa, but the bigger problem here will be debt funding or an equity raising at 70-80c if they cant attract alternative lenders... bad news all round.
Thanks Tony. I hope you bring Gina R onto the board
Pilbara Minerals is the only company to have made any money in the last lithium bubble, the rest have fallen by the wayside.
Hard to see unit costs not going up with reduction to 3Mtpa, but the bigger problem here will be debt funding or an equity raising at 70-80c if they cant attract alternative lenders... bad news all round.