Orocobre Limited (ORE) News

CEO News cast on latest update. see link below.


http://www.finnewsnetwork.com.au/MediaCenter/AsxMediaCenter.aspx?Site=FNN794

Full Year Statutory Report see link below.

http://www.orocobre.com.au/PDF/ASX19Sep16_Full%20Year%20Statutory%20Accounts.pdf

Orocobre upgraded S&P see link below.

http://www.orocobre.com.au/PDF/ASX2Sep16_S&P%20DJ%20Indices%20Announces%20September%20Quarterly%20Rebalance.pdf

They just continue to ship lithium.....

August 9th records:

16-031-EC03-000095-G: 54 T to South Korea for $305,034.00 @ $5,648.78/T
16-031-EC03-000096-H: 100 T to Belgium for $1,153,600.00 @ $11,536.00/T



August 11, 2016:

16-031-EC03-000100-Z: 36 T to Japan for $475,476.00 @ $13,207.67/T
16-031-EC03-000101-R: 40 T to Japan for $531,940.00 @ $13,298.50/T



August 17, 2016:

16-031-EC03-000102-S: 80 T to Japan for $801,270.00 @ $10,015.86/T
16-031-EC03-000103-T: 54 T to S.Korea for $762,954.00 @ $14,128.78/T
16-031-EC03-000104-U: 80 T to Japan for $799,430.00 @ $9,992.86/T
16-031-EC03-000105-V: 80 T to Japan for $800,870.00 @ $10,010.88/T
16-031-EC03-005118-E: 2 T to S.Korea for $28,972.00 @ $14,486.00/T

New records for August 11, 2016:

16-031-EC03-000100-Z: 36 T to Japan for $475,476.00 @ $13,207.67/T
16-031-EC03-000101-R: 40 T to Japan for $531,940.00 @ $13,298.50/T

and at $13,000 per ton...how do you like dem apples...bbbbbbbiiiilll

New on August 10, 2016:

16-031-EC03-000097-X: 54 T to South Korea for $567,582.00 @ $10,510.78/T
16-031-EC03-000098-J: 2 T to Japan for $25,731.00 @ $12,865.50/T
16-031-EC03-000099-K: 18 T to Japan for $188,346.00 @ $10,463.67

I am now getting daily reports from the Argentina customs website that shows 'actual' shipments being made from Orocobre's plant through the Jujuy sales combine. I will try to keep you updated when possible.

The BOLD figures are the price per ton and the RED figures are the tons in that particular shipment. It's a little difficult to translate the entire customs document but I think you get the idea.

So rounding off the decimals, the tonnage shipped so far the FIRST WEEK of August is 1190 TONS. Most of the shipments are over $7000 per ton to over $10,000 per ton (not bad) :)


# Nro.Destinación Customs Track date Officialization Item Pcs. Eat. Net weight / kg.) Country of origin Destination country State Statistics unit number Statistics Amount FOB U $ S Unit price Quantity FOB currency Pos. Aranc.
1 16 -031-EC03-000027-B JUJUY TRUCK 08/01/2016 1 TON 36210 JU JAPAN NEW USE WITHOUT ARGENTINE KG.NETO 36210 271169.09 7488.7901 36.21 DOL -
2 16 -031-EC03-000029-D JUJUY TRUCK 08/01/2016 1 TON 261,090 JU JAPAN NEW USE WITHOUT ARGENTINE KG.NETO 261,090 2039281.21 7810.6446 261.09 DOL -
3 16 -031-EC03-000030-S JUJUY TRUCK 08/04/2016 1 TON 200000 JU JAPAN NEW USE WITHOUT ARGENTINE KG.NETO 200000 1403029.14 7015.1457 200 DOL -
4 16 -031-EC03-000034-W JUJUY TRUCK 08/08/2016 1 TON 107740 JU KOREA REPUBLICAN NEW USE WITHOUT ARGENTINE KG.NETO 10774.0 607950.88 5642.7592 107.74 DOL -
5 16 -031-EC03-000078-H JUJUY TRUCK 08/05/2016 1 TON 79,820 JU JAPAN NEW USE WITHOUT ARGENTINE KG.NETO 79,820 859012.86 10761.875 79.82 DOL -
6 16 -031-EC03-000083-D JUJUY TRUCK 08/01/2016 1 TON 59880 JU JAPAN NEW USE WITHOUT ARGENTINE KG.NETO 59880 642961.5 10737.5 59.88 DOL -
7 16 -031-EC03-000084-E JUJUY TRUCK 08/04/2016 1 TON 80340 JU JAPAN NEW USE WITHOUT ARGENTINE KG.NETO 80340 627847.06 7814.875 80.34 DOL -
8 16 -031-EC03-000085-F JUJUY TRUCK 08/05/2016 1 TON 99580 JU JAPAN NEW USE WITHOUT ARGENTINE KG.NETO 99580 1031748.38 10361 99.58 DOL -
9 16 -031-EC03-000086-G JUJUY TRUCK 08/05/2016 1 TON 19980 JU JAPAN NEW USE WITHOUT ARGENTINE KG.NETO 19980 210359.43 10528.5 19,98 DOL -
10 16 -031-EC03-000087-H JUJUY TRUCK 08/05/2016 1 TON 89370 JU U.S NEW USE WITHOUT ARGENTINE KG.NETO 89370 686520.48 7681.7778 89,37 DOL -
eleven 16 -031-EC03-000090-B JUJUY TRUCK 08/04/2016 1 TON 100000 JU JAPAN NEW USE WITHOUT ARGENTINE KG.NETO 100000 1036100 10361 100 DOL -
12 16 -031-EC03-000091-C JUJUY TRUCK 08/04/2016 1 TON 835 JU JAPAN NEW USE WITHOUT ARGENTINE KG.NETO 835 15868.49 18891.0595 ,.84 DOL - (that is .84 of a ton)
13 16 -031-EC03-000092-D JUJUY TRUCK 08/05/2016 1 TON 54000 JU U.S NEW USE WITHOUT ARGENTINE KG.NETO 54000 577,140 10687.7778 54 DOL

Institutional investment:

http://investors.morningstar.com/ownership/shareholders-major.html?t=ORE®ion=aus&culture=en-US&ownerCountry=USA

End of Quarter report see link below.

http://www.orocobre.com.au/PDF/ASX19July16_QuarterlyActivities_CashFlow_Report.pdf

Gotta love it when a plan comes together.... :) I'm thinking $12US a share by 2018.

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


Get Adaptive Portfolio and We'll Waive our Advisory Fee until 2017

These are the July figures coming out of Orocobre...they are a bit hard to read in this format...but there were about 510 tons shipped the first week of July.....and keep in mind that this is not top grade lithium carbonate. The higher the grade to more it will sell for.
Price per ton was close to $5500 for prior commitments with new pricing at $10,500

16 -031-EC03-000061-W JUJUY TRUCK 07/07/2016 1 TON 60 JU BELGIUM NEW USE WITHOUT ARGENTINE KG.NETO 59820 519716.16 8688 59.82 DOL -
2 16 -031-EC03-000064-C JUJUY TRUCK 07/07/2016 1 TON 36 JU JAPAN NEW USE WITHOUT ARGENTINE KG.NETO 35920 376681.07 10486.6668 35.92 DOL -
3 16 -031-EC03-000067-F JUJUY TRUCK 07/05/2016 1 TON 54 JU KOREA REPUBLICAN NEW USE WITHOUT ARGENTINE KG.NETO 53780 311750.71 5796.7778 53,78 DOL -
4 16 -031-EC03-000068-G JUJUY TRUCK 07/07/2016 1 TON 36 JU JAPAN IMPORTED WITHOUT USE KG.NETO 35700 292228.3 8185.6667 35.7 DOL -
5 16 -031-EC03-000069-H JUJUY TRUCK 07/07/2016 1 TON 54 JU KOREA REPUBLICAN NEW USE WITHOUT ARGENTINE KG.NETO 53800 303904.24 5648.7777 53.8 DOL -
6 16 -031-EC03-000074-D JUJUY TRUCK 07/07/2016 1 TON 54 JU KOREA REPUBLICAN NEW USE WITHOUT ARGENTINE KG.NETO 53620 302887.46 5648.7777 53.62 DOL -
7 16 -031-EC03-000075-E JUJUY TRUCK 07/07/2016 1 TON 36 JU JAPAN NEW USE WITHOUT ARGENTINE KG.NETO 36160 378149.23 10457.6668 36.16 DOL -
8 16 -031-EC03-000076-F JUJUY TRUCK 07/04/2016 1 TON 20 JU BELGIUM NEW USE WITHOUT ARGENTINE KG.NETO 20000 223480 11174 twenty DOL -
9 16 -031-EC03-000077-G JUJUY TRUCK 07/04/2016 1 TON 80 JU JAPAN NEW USE WITHOUT ARGENTINE KG.NETO 80000 860,950 10761.875 80 DOL -
10 16 -031-EC03-000078-H JUJUY TRUCK 07/06/2016 1 TON 80 JU JAPAN NEW USE WITHOUT ARGENTINE KG.NETO 80000 860,950 10761.875 80 DOL -

- Total Time Processing Page: 00:00:00
- Total records: 14

Production continues to grow this quarter. In spite of people like Joe Lowry, who are on LAC's payroll badmouthing Orocobre and a few others while lauding that POS LAC. He claims to be the 'authority' on lithium...but looks more to me to be a pawn. He is eating crow like billyboy on their downside evaluations on ORE.

I have been pulling reports from Argentina customs on deliveries from Orocobre. You can't fudge those figures as they are government records on export of materials. That is one weeks shipments. Works out close to 1000 tons a month now. That is quite and increase from beginning of the year.

June 20, 2016:

16-031-EC03-000067-F: 54 T to South Korea for $313,026.00 @ $5,796.78/T

16-031-EC03-000068-G: 36 T to Japan for $294,684.00 @ $8,185.67/T

16-031-EC03-000069-H: 54 T to South Korea for $305,034.00 @ $5,648.78/T

16-031-EC03-000070-W: 100 T to Japan for $781,000.00 @ $7,810.00/T

News release see Link below

http://www.orocobre.com.au/PDF/ASX7June_Orocobres%20CEO%20speaks%20to%20Finance%20News%20Network.pdf

Research report:

http://www.macquarie.com.au/dafiles/Internet/mgl/au/apps/retail-newsletter/docs/2016-05/GlobalLithiumReport310516AZNEsse.pdf

He deletes me for anything....he finally banned me because Orocobre is doing so much better than his prize investment.


good to hear Momma stuck it out through the darker days of construction. I had a word with Richard Seville last night and he said "you can't imagine how much progress we have made over the past year". I couldn't get any specifics out of him for obvious reasons...but his attitude is very upbeat and apparently they made some good connections at the Las Vegas conference recently. He did say they have refined their operation to the point where they should be able to get 75 tons per day out of the plant by early next year.......do the math. To bad the others didn't get on this ride when they had the chance....I tried to tell them. Orocobre has been getting massive coverage and upgrades this week...probably what's causing this great runup. Can't be long before we will be applying for a listing at the NASDAQ. From what I understand the papers are ready once the stock reaches $5 per share. Then you are going to have institutional buyers able to buy....that will be the ultimate feather in the cap. At that point I think $10 will come sooner than most think.

It looks like the markets are finally becoming aware of lithium...and starting to separate the posers from the real producers. I think institutions are starting to move in a pretty big way this past week.

Approaching $4.55....and to think this lithium bull market has many years to run...just mind boggling

welly...well....wellnow $4.40 close on the ASX...need I say more?

Seems there is one competitor that might be moved out of the way soon. Don't want to get into he said..she said...but looks like one company is screwing it's investors in South America and the jig will be up soon...moving one more pretender out of the space. Good riddance and the trash that they have posting for them.

Looks like $4.22 on the ASX currently. Look out all you wannabe lithium producers....ORE trains gonna run you over with all that lithium....yassah...yassah

Guess what folks. PHASE 2 announced....n 2018 we will be producing 35,000 tons per year...that makes us almost bigger than Abermarle, and FMC, and ?

Yes As long as there is not a plant shut down like last year and we see a real profit and loss statement Regards Jet Roc Roc Roc ??????PS I go by Jet as I am sure your running it as all posters are treated with respect in any take on the stock

nice day today billyboy...up .19

They are doing everything in their power to try and stop the Orocobre train from leaving the station....unfortunate for the band of idiots they have hitched their wagon to a loser in LA (all talk)

Meanwhile we're up another .08 today and approaching the magic $3 bullet. May see some erratic trading still but they are moving ahead every month with the increased capacity and purification.

Well its looking good. Momma's happy finally. see you were deleted again. I did not see for what.

slowly...but surely...next stop $3 US...$4 AUS

Research News

Global demand for lithium carbonate will outpace supply during 2016-2017 says new research report
WhaTech Channel: Materials & Chemicals Research
Published: 11 May 2016
Submitted by RNR Market Research. WhaTech Agency
News from RnR Market Research

The booming sales of new energy vehicles worldwide will boost lithium carbonate consumption significantly. According to estimates, every 100,000 new energy vehicles (electric bus (40%), electric sedan (20%), hybrid bus (25%), and hybrid sedan (15%)) will create a demand of 5,000 tons to 8,000 tons of battery-grade Lithium Carbonate, about a rise of 5%-8% in global demand for battery-grade lithium carbonate.


Driven by a surge in sales volume of new energy vehicles in China, the upstream material- lithium carbonate was in short supply in the fourth quarter of 2015 with soaring prices. Global lithium carbonate output increased by 12.3% year on year to 202,800 tons in 2015 and is expected to arrive at 244,200 tons in 2016, 288,900 tons in 2017, and 341,000 tons in 2018, a rise of 20.4%, 18.3%, and 18.4% from a year ago, respectively.

Report at http://www.rnrmarketresearch.com/contacts/?rname=457307

Major manufacturers are Albemarle, FMC, Orocobre, Galaxy Resources, Sichuan Tianqi Lithium Industries, Qinghai Salt Lake Industry, Sichuan Sichuan Ni & Co Guorun New Materials Co., Ltd., Sichuan Jixiang Lithium Co., Ltd., Shanghai China Lithium Industrial Co., Ltd.


The price of lithium carbonate in China has been going straight up since Oct 2015 with that of industrial-grade and battery-grade lithium carbonate rising substantially (to RMB120,000/t and RMB150,000/t in Jan 2016, respectively, when battery-grade lithium hydroxide was quoted at RMB140,000/t, compared with the bottom price of lithium carbonate standing at RMB50,000/t).


It is expected that global demand for lithium carbonate will outpace supply during 2016-2017, leading to a continued price rise during this period.
As new lithium carbonate capacities are gradually released after 2017, the price will tend to stabilize.

Global lithium resources are primarily concentrated in Chile and China. However, as the Chinese lithium carbonate manufacturers are restrained by production technology, the supply of capacity is limited and Chile and Australia hold the lion’s share of global capacity.

The world’s top3 players- Galaxy, FMC, and Rockwood together seize more than 56% market share, which give them a strong bargaining power over downstream companies and powerful pricing power and allow them to adjust prices according to market supply & demand and changes in production costs. Global lithium carbonate companies have successively expanded capacity so as to meet ever-increasing market demand in recent years.

Meanwhile, a large number of newcomers outside the industry build new capacity and get involved in lithium carbonate business, thus reducing the concentration of the industry.

Chinese lithium carbonate suppliers can be principally divided into two categories: salt lake providers represented by Tibet Urban Development and Investment, spodumene providers represented by Sichuan Tianqi Lithium Industries and Galaxy Resources. The exploitation of salt lakes in China is still in its infancy with small capacity, while spodumene providers represented by Sichuan Tianqi Lithium Industries are relatively competitive.

In 2014, China produced 43,000 tons of lithium carbonate, a year-on-year rise of 16.5%, 23,000 tons of lithium hydroxide monohydrate, up 4.5% over the previous year and mainly concentrated in Sichuan, and 2,600 tons of lithium metal, an increase of 13% from a year ago, compared with global output of around 4,000 tons. An output of 49,000 tons and apparent consumption of 74,000 tons caused a supply gap of 25,000 tons in 2015, and the gap is expected to reach 31,400 tons in 2020, creating brisk demand for imports.

We believe that as the Chinese government scales up its support for new energy vehicles, the demand for battery-grade lithium carbonate will be a tipping point. China’s demand for battery-grade lithium carbonate was about 27,800 tons in 2015 and is expected to exceed 100,000 tons in 2020.

The country’s total demand for lithium carbonate will increase at annual rate of 20% over the next couple years, higher than the global average and approximating 167,000 tons in 2020.

Report at http://www.rnrmarketresearch.com/contacts/?rname=457307

Global and China Lithium Carbonate Industry Report, 2016-2020 by ResearchInChina highlights the followings:

Global and China’s lithium carbonate supply and demand, supply gap, the demand for lithium carbonate from downstream sectors, especially new energy vehicles, energy storage, and consumer electronics.
Global and China’s competitive landscape, including market share of foreign and domestic companies, capacity planning, market pattern,.
China’s lithium carbonate imports and exports, covering import/export value, prices, sources, destinations,.
China’s production costs of lithium carbonate with lithium extracted from ores and from salt lake brine, price trends,.
China’s lithium battery industry, including shipments, technology routes, market pattern,.;
Operation, technology, development planning, and output & sales of 8 lithium carbonate players in the United States, Chile, Australia,.

Up .10 today....but still no one coming to the board here. Imagine what will happen when the public figures this one out!

OK...selloff is over. All survivors on deck. The Ft. McMurray fire was responsible for a huge selloff on the TSX this week which is the exchange for a lot of these Australian mining companies.

http://seekingalpha.com/article/3967654-goldman-calls-lithium-new-gasoline-titans-industry

Interesting that they mentioned us in the article....:)

Well....up .25 today. Does anybody still think this company is having issues. Because of the idiots taking over the other board I moved on with information for the company here. Hopefully people will finally figure out where to go.

Here is an interesting article from the Business News in Australia.

https://www.businessnews.com.au/article/Window-opens-for-lithium-hopefuls

Again,still?Oh,I forgot,ORO had a problem in the past,therefore success is questionable,even though they are currently producing and selling Lithium without any problems.More orders to be filled in the second quarter?Increasing production?Yep,looks like a failure to me.LOL

Well according to other board ORE is going to fail, Well lookie here this morning.Do you think its a Mirage, NOT. Correct Knowledge is the best way to go. This is the board to find the truth. Come On Over.

New presentation 4/19/2012 for Asian trip this month, see link below.

http://www.abnnewswire.net/press/en/83324/Orocobre-Limited-%28ASX-ORE%29-%28TSE-ORL%29-Company-Presentation-83324.html

well for those who found me here at Orocobre's real chat room ...welcome. The OROCF room is nothing but a joke now that Billy and his sidekick Loverlord have taken over as moderators. They are trying their best to screw up any meaningful news from the company.
If you look at the board they have listed it as a 'Boric Acid' company. That should give you an indication of their intent.

Thanks for that..you beat me to the punch :)

This is some interesting news out of the oil conference this weekend

Saudi Arabia prepares for post-oil era by setting up world's biggest sovereign investment fund

The $2trn fund is aimed to move the country's economy away from its dependence on oil.

The $2tn (£1.4tn) wealth fund will be created by selling off state petroleum company Aramco's assets in a dramatic plan to transform the country's economy, which heavily relies on the oil industry.

The megafund will be enough money to buy the four largest US companies, Apple, Google's parent company Alphabet, Microsoft and Berkshire Hathaway.

Looks good.....Orocobre Limited (TSX:ORL) Quarterly Activities & Cashflow Report - March 2016



Brisbane, Australia (FSCwire) - Orocobre Limited (ASX:ORE) (TSX:ORL) are pleased to provide the Company's quarterly report of activities for the period ended 31 March 2016.

Highlights:

Olaroz Lithium Facility

- Production ramp up continues with production of 2,332 tonnes of lithium carbonate during the quarter versus a target of ~2,400 tonnes (97% achieved). This is an increase of 1,224 tonnes over the previous quarter. Operating cash cost breakeven was achieved, and debottlenecking program completed, in January.

- Commercial dispatches of high purity, "battery grade" product made to first battery market customers in Q1 with additional customers scheduled for delivery in Q2.

- Production forecast for Q2 is approximately 3000 tonnes.

- Q2 lithium carbonate price expected to be over US$7,500/tonne FOB1 with further increases expected as we move further into CY2016. (1Net of agency fees, international freight and insurance)

- Studies for the expansion of Olaroz Stage 2 will commence in Q2 with a scope of 17,500 tpa additional LCE at an estimated CAPEX of ~US$140m.

- Draft report of the first stage of the evaluation of the Bateman Advanced Technologies (BAT) LiSXTM process is expected at the end of April.

- Competitiveness improved by devaluation of the AR$ and removal of export duties on lithium carbonate.

Borax Argentina

- Borax Argentina returned to being operationally EBITDA positive for the quarter.

- Sales volume in the quarter was 8,006 tonnes which is a decrease of 2,072 tonnes on the previous quarter and a decrease of 976 tonnes on the same quarter last year (8,982 tonnes) on a comparable basis excluding sales of low value tincal ore.

- Projects for the installation of the borax pentahydrate plant at Tincalayu and process improvement changes at the boric acid plant near completion.

- Expansion Studies for the increase of production at Tincalayu to commence in Q2 with a scope of 100-120ktpa borax decahydrate equivalent production.

- Focus remains on the product and market diversification strategy and production optimisation projects.

- Competitiveness improved by devaluation of the AR$ and removal of export duties on refined borax products and mineral concentrates.

Corporate

- Argentine Congress approved a deal to settle with hold out bond holders, resolving an issue that has isolated Argentina from international financial markets. US President Barack Obama visited Argentina in March and signed a Trade and Investment Framework Agreement.

To view the complete report, please visit:
http://abnnewswire.net/lnk/1DZ4C37V

Production since January 2015 has been increasing....the rate of production keeps increasing monthly. Better reliable incremental increases in my opinion.

When the production rate of 17,500 tons per year was estimated a few years ago the price of lithium carbonate was around $4500 per ton. Recently the prices have gone as high as $7500-$8000. With those numbers...about half the rate of production should get us to the same place in the short term.

Approaching $2.60 in the OTC markets today...another day...another dime...:)

well...welll...welll..well 3.18 on the ASX slowly moving up

How Analysts Feel About Orocobre Ltd After Today’s Gap Up?
by Franklin Independent — April 13, 2016


The stock of Orocobre Ltd (TSE:ORL) gapped up by $0.03 today and has $4.94 target or 62.00% above today’s $3.05 share price. The 9 months technical chart setup indicates low risk for the $607.49M company. The gap was reported on Apr, 1 by Barchart.com. If the $4.94 price target is reached, the company will be worth $376.64 million more. Gaps up are useful for using as a support level and to some extent as a tradeable event. If investors already hold the stock and experience a price gap up, then its usually a good idea to hold the stock for a stronger up move. Back-tests of these patterns indicate that two-thirds of the times the stock performance improves after the gap. The area gaps close 89% of the time, the breakaway gaps, 2%, the continuation gaps 4% and the exhaustion gaps 61%. The stock is up 5.17% or $0.15 after the news, hitting $3.05 per share. About 19,150 shares traded hands. Orocobre Ltd (TSE:ORL) has risen 84.71% since August 25, 2015 and is uptrending. It has outperformed by 74.43% the S&P500.

Orocobre Limited is engaged in the commissioning of the Olaroz Lithium facility and the operation of Borax Argentina SA . The company has a market cap of $607.49 million. The Firm focuses on the exploration and development of lithium, potash and salar mineral deposits. It currently has negative earnings. The Company’s divisions include Corporate, the Olaroz project, South American Salars and Borax

As usual...buy before the report...sell into the news. Maybe day traders think they are smart...but everyone who has been holding this company the past few years are the smart ones. The beginning is here...and the end isn't anywhere near. The people who buy and sell must have to pay utility bills and other monthly stuff. The smart money hasn't budged.

These are the production numbers reported and shipped through customs:

https://docs.google.com/spreadsheets/d/1PWf-mn37SBVs7_txskqsqLWdOxRoj0IG8eV95j0ZaYc/edit#gid=1

Quarterly Production:



JUNE 2015: 126 Tons

SEPT 2015: 492 Tons

DEC 2015: 1108 Tons

MAR 2016: 2332 Tons


Seems to be doubling every quarter...huh

Brisbane, April 12, 2016 AEST (ABN Newswire) - Orocobre Limited (ASX:ORE) (TSE:ORL) (Orocobre or the Company) wishes to advise on production for Q1 2016 at the Olaroz Lithium Facility.

Production for the quarter was 2,332 tonnes of lithium carbonate, in line with the guidance of ~2,400 tonnes (97% achieved).

The Company intends to transition to quarterly forecasting and quarterly reporting.

Further detail in relation to the Olaroz Lithium Facility will be provided in the upcoming quarterly report.

To view figures, please visit:
abnnewswire.net/lnk/CO7Y8L7Y

BILLYBOY....talking nonsense ...no clue

The ASX is about $3.42 ($2.61 US) at this posting...and they haven't announced the March numbers yet.

I wonder if Orocobre can open on the ASX with a gap,then continue to move,which in turn would result in the North American markets resuming upward moves,when they open,in order to keep the balance of the share prices between the two markets.

OROCOBRE IN BREAKOUT MODE....up .30 today