Followers | 53 |
Posts | 11283 |
Boards Moderated | 9 |
Alias Born | 06/25/2009 |
Tuesday, January 07, 2020 5:33:45 PM
It is good news for the shorts not longs. Tomorrow will be brutal.
Compared to earlier guidance, fourth quarter performance was negatively impacted by lower than forecasted realized pricing and by reduced lithium hydroxide volumes due to delayed customer orders.
Lower pricing is expected to continue through 2020, with average realized price for lithium hydroxide in 2020 anticipated to be low-to-mid-teens percent lower than 2019. Livent maintains its prior 2020 volume outlook and plans to purchase up to 7,000 MT of third-party lithium carbonate to support these higher hydroxide sales volumes. Based upon the anticipated lower expected average realized price and the incremental cost of consuming third-party lithium carbonate versus Livent-produced carbonate from Argentina, the Company expects 2020 Adjusted EBITDA to be lower than 2019.
https://ih.advfn.com/stock-market/NYSE/livent-LTHM/stock-news/81482208/livent-provides-revised-2019-guidance-and-addition
If THEIR IS ONE THING I AM SURE ABOUT IS I AM USUALLY WRONG
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM