Member Info for CityOfDelight

But I'm also going to push back on Jemesa's Lithium Lion nonsense. KC ain't no saint, and if EMH succeeds, more of that will be due to macro-trends than any great moves by KC

@Skelly85 I'm going to call you out yet again. Take a look at every one of my comments, many of which have mispellings and tell me which you think were written by AI. How am I supposed to take you seriously?

And you claim 95% of your predictions have been accurate. This can be very easily debunked by just looking through your prediction in the last 3 months on this forum. I would call you a troll, but then I would be accused of not realising that everyone knows you're a troll.

I'm starting to think an offtake annoucment could be coming soon, based on Skelly's impeccable timing for wrong predictions recently

@Skelly85 You're taking a high stake move here. Either you will show KC to be a liar, or you are about to be proven wrong yet again.

Are you like targeting making at least 1 wrong prediction per month or something?

It's also not accurate to state that KC has been saying they are in final discussions for a decade now. He has mentioned offtake discussions in informal interviews and I am not aware of him stating before this year that they are in final discussions. If KC is stretching the truth, I know someone else who is doing exactly the same thing.

Lithium appears to be rising again

I don't know what you're sources are, but if you're using AI please double and triple check the sources and don't assume that it isn't hillucinating

Let a man dream

How can you claim there is no competition for Green Lithium in Europe? What about Vulcan? What about Cornwall?

Lithium stocks have been hit hard in the last few weeks, even those with very high profit margins.

And NPV of 0 is not good, but it's still better than where we were at the beginning of January.

I like your optimism, but I'm not counting my chickens before they hatch

I'll be checking back in a few weeks to see if your price prediction was right or wrong

Skelly asserts that when the project gets to build phase they costs will have risen substantially, like they did since the PFS.

While this assertion is unprovable at this point, I will note that over the last few months lithium prices have moved a lot faster than mining costs.

The economics may be marginal, but that also means there is a large optional upside.

I would go insane if I followed a stock which I had sold ages ago this obsessively and incessantly, but maybe that's just me

The whole ASX was hammered today, no reason for EMH to be an exception

It sometimes trades higher on ASX and sometimes higher on AIM, sometimes by as much as 10% in either direction.

Arbitrage is difficult here for a number of reasons, so the gap could remain for a while, or it could close quickly.

No, I'm not a bot and I haven't changed my mind. I call out both uprampers and downrampers all the time.

And I have not sold any of my stock, nor do I intend to in the near future.

But a re-rate needs a sustained lithium price recovery, milestones being acheived is not sufficient.

I struggle to understand why anyone is hoping for a buyout or expecting high multiples while NPV is negative based on DFS and currently lithium prices.

Lithium prices will probably be higher in coming (months/)years, but probably is not the same as for sure.

Sodium batteries have been discussed here before. Just like there are inferior alternatives to gold which have some advantages over gold, there are inferior alternatives to lithium which have some advanatges over lithium. And if the predicted lithium short supply is too severe the market will be forced to look at alternatives. None of this eliminates the need for lithium. It just means lithium is not the be all end all, and lihium prices will not necessarily return to their 2023 highs, especially in the near term.

We can argue about whether sodium or lithium battery tech is a better investment in 2026, but they both have a very bright future ahead.

The EU has been learning that it cannot rely soley on the US, so I would be beyond surprised if they completely abandon building their own supply chain.

The volume traded today on ASX is a joke