Free
Message: Are they really going to open?

 

Delays are indeed an integral part of mining business. After all, the mine is going to last at least 40 years, so who cares about a year or two or three?

 

 

What I see as a bit of an issue is that current CEO is likely great “Lithium extraction expert”, but miserable CEO. The fact he knows a thing or two about Lithium is definitely a bonus. But his main job is to manage expectations. Within probably 6 months, this is the second move of production date. Nobody was really pushing him to make statements. They definitely do not know, when C-O is going to open, leaving aside Thacker Pass. Instead of admitting that fact 6 months ago and calling straight for 2023, Evans moves the target few months every quarter. IMHO, that is a mistake. Why the heck Evans cannot do bit of PR? Let some irrelevant but cool (an interviews about possibility to build a Gigafactory on site) info fly around for a cover.

 

We have a honest introvert on that chair and today, once more, we paid the price for it. Some time ago, I sold some $10 calls. I better get ready some money as I may be buying those shares.  Am I frustrated? No, just disapointed.

 

Share
New Message
Please login to post a reply