RT @LithiumIonBull: @sdmoores >$150m sunk cost not immaterial. Eramet mothballed Rincon in Feb citing #Argentina risk. Reality: core biz suffering; hi debt; couldn’t find partners 👉 must preserve cash. My takeaway is glass half full: cost & yield comments 👉 long-term promise for #DLE tech👇 https://bit.ly/2UTUAtW

>$150m sunk cost not immaterial.

Eramet mothballed Rincon in Feb citing #Argentina risk. Reality: core biz suffering; hi debt; couldn’t find partners 👉 must preserve cash.

My takeaway is glass half full: cost & yield comments 👉 long-term promise for #DLE tech👇 pic.twitter.com/5lOeZc5rmi

— Howard Klein (@LithiumIonBull) April 8, 2020

From MasterMetals
April 08, 2020 at 01:48PM
http://twitter.com/MasterMetals/status/1247853742843744256