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Bobwins

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Bobwins

Re: Bobwins post# 32322

Friday, 05/20/2016 11:50:50 AM

Friday, May 20, 2016 11:50:50 AM

Post# of 35717
ORL.to/OROCF +.07 to C$3.74 Orocobre continues to steadily climb. Near 52wkhi of C$3.90. Production in Q1 was 2,332 tonnes of Lithium Carbonate. Forecasting Q2 production of 3,000 tonnes. Nameplate capacity is 4,375 tonnes/qtr. Expected to reach that level in 9/16 Qtr.

Once they reach nameplate capacity, Orocobre will be producing just under 10% of world production of lithium carbonate.

Study has begun to double capacity to 36,000 tonnes/yr. Expected capex of C$140million is 40% less than original cost of building existing plant.

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

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