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A nine-figure glitch at Olaroz

Orocobre pays a heavy price for a 'spreadsheet moment' with its lithium model

Chris Cann
A hiccup on the spreadsheet model for Olaroz production has cost Orocobre dearly

A hiccup on the spreadsheet model for Olaroz production has cost Orocobre dearly

Rarely, however, does a mistake in a model cost more than A$100 million (US$77 million), which is roughly what happened this week to the stock-market value of Orocobre (AU:ORE) when an error in its lithium...

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