Hi nrc,
I fully agree with your observations about Mr. Seville and I am also happy he is leaving. He does deserve credit for starting the first brine operation, but he made many mistakes and gave cheap excuses for them. I hope that the new CEO will be better and that Toyota keep putting pressure on Orocobre to perform. While I think it is unrealistic for the company to achieve the so called 17.5k/yr nameplate capacity, I do like the new financing deal with Toyota to expand the plant and the possibility of a new processing plant in Japan. Like you, I left Orocobre a while back after making decent money because I was pissed at Seville. However, I decided to return because I believe that things can only improve with the new management and with Toyota’s presence. Has your sentiment changed at all based on these news or on your speculation about a possible deal with SQM? Are you not touching it yet due to your hints about ALB? I do appreciate your take even if it is different from mine.
As for LAC, this is obviously not the right forum, but I will share with you a couple of things. I have a few shares and I have been happy with the recent increase in SP. However, I do not plan to buy more shares unless there is a major dip or until I am convinced that the NV project is truly a good idea after filtering out all the hype. Needless to say, my cautious optimism as well as observations by a few others have not been well received in the LAC forum, especially by a few that control the site. I would recommend you share your thoughts and observations in the LAC site. Your contrarian approach may benefit a few folks there to do proper DD and to at least think about alternative views whether they reject them or embrace them
By the way, I laughed when you mentioned the typos, but please don’t forget lack of punctuation. I just can’t follow that cryptic writing and have decided to ignore it altogether. Funny indeed!
I fully agree with your observations about Mr. Seville and I am also happy he is leaving. He does deserve credit for starting the first brine operation, but he made many mistakes and gave cheap excuses for them. I hope that the new CEO will be better and that Toyota keep putting pressure on Orocobre to perform. While I think it is unrealistic for the company to achieve the so called 17.5k/yr nameplate capacity, I do like the new financing deal with Toyota to expand the plant and the possibility of a new processing plant in Japan. Like you, I left Orocobre a while back after making decent money because I was pissed at Seville. However, I decided to return because I believe that things can only improve with the new management and with Toyota’s presence. Has your sentiment changed at all based on these news or on your speculation about a possible deal with SQM? Are you not touching it yet due to your hints about ALB? I do appreciate your take even if it is different from mine.
As for LAC, this is obviously not the right forum, but I will share with you a couple of things. I have a few shares and I have been happy with the recent increase in SP. However, I do not plan to buy more shares unless there is a major dip or until I am convinced that the NV project is truly a good idea after filtering out all the hype. Needless to say, my cautious optimism as well as observations by a few others have not been well received in the LAC forum, especially by a few that control the site. I would recommend you share your thoughts and observations in the LAC site. Your contrarian approach may benefit a few folks there to do proper DD and to at least think about alternative views whether they reject them or embrace them
By the way, I laughed when you mentioned the typos, but please don’t forget lack of punctuation. I just can’t follow that cryptic writing and have decided to ignore it altogether. Funny indeed!
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