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Orocobre Will Sell Its Lithium Carbonate At $10,000+/t In Q3

Must Read July, 14, 2016 7:39 AM ET 6 comments | About: Orocobre Ltd. (OROCF)

The Investment Doctor,The Investment Doctor Follow(3,345followers)



Summary

Orocobre has reached the break-even status on the operating front, and should reach nameplate capacity at Olaroz in the next few months.

The high lithium price will be very welcome, and the operating margin will be 75% in the third quarter.

Orocobre is planning to double the production capacity by the end of 2018, which makes a lot of sense at the current lithium price.

Orocobre is fairly valued at $7,500 lithium, but should the Li price remain at $10,000, there still is upside potential.



http://seekingalpha.com/article/3988352-orocobre-will-sell-lithium-carbonate-10000-plus-t-q3?auth_param=gqjgk:1bohiro:e52eafd94ea13660da282aff940e9d58&uprof=20


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