Member Info for Daz423

😂😂😂

I comment on the data and the charts. Not the fantasy of 800mil TO and dinner with the ceo and 1p is a good entry brigade.

Everything has a price that on a risk vs reward basis becomes more viable. Zulu is not ever selling for less than 150mil imo based on data and has since driled more. Which from here is still a marked increase on marketcap.

Speculation/opinion

I know all the risks here. How i see it your best chance of a TO is if this thing gets run and churns and a consistent rate be it only 4k. Canmax would take it on and sack stark immediately for some of their chinese contacts.

Its a gamble but why else have canmax not enforced their debt makes no sense to me. That was end game to me.

Large volume buys trickling in.

Not much left 0.25 then based on TA data this is will move.

Jag

Thats the risk. I dont think spod current price matters to prem.

They just need to supply canmax with quality (another risk) then they take the lot for a price. GR is a old man he will sell it.

Asher i dont recite to me the c1 cost estimates of prem i was highlighting this 12 months ago when people were saying 1p was a good buy in.

Acker we will see... but i am tracking all live data and carb spod hyro prices are all stabilising.

Atb

Articles are nonsense when will people learn.

Look at the DATA of spod price. Look what is happening price action in real time. At $1000 per tonne many will go bust which will further restirct the supply of china they will have to start buying or face even more steep prices on inventory restock as demand is more intense and suppliers low.

Its coming.

As you know my stance for a long time has been GR will accept a TO for this. It is never getting into full production under GR.

To me theres a reason canmax didn't request their repayments. That was a huge shock to me and i was sure PREM was done for as that loomed.

Looked into canmax they are desperate for mater i think simply that what will happen is canmax want to see the mine running correctly with a output 'its a gamble wether material is any good'.

Then they will offer a full TO or JV.

I have said this for a very long time if you look right back through my posting history. I do not know what that TO price will be but i do suspect it will come. Zulu as asset as ive also maintained is a great asset on scale. Just completely and utterly incorrectly managed.

Atb

Martini girl i have agreed with nearly all of your posting.

When prem was 1p with a none working plant and no data to support what it would produce it was a awful buy and i highlighted that. No cash to production and low output of 1k.

Now its cashed to production 'allegedly' with a 4k output and only 3 weeks away.

And PIs now say that mid 0.2s is to risky 😂

I love this BB. For the first time in years this is in its best risk vs reward posistion and market will see that again over next week or so.

Trax

This isnt PFC.

You cant put in aimless ramps and they will believe you. Pretty well versed bunch.

50k cash burn a day.

2.5 mil ish raise december.

Work out operating days. Exclude xmas period.

When PREM moves suddenly on no news. Theres been a leak on something good in a RNS. Same for when somethings bad. It moves the days before. Either way.

Its very leaky.

Looks like its about to break out its over 20MA volume picking up.

Theres a good return trade to be had from mid 2s. On that chance GR pull it out the hat.

TA gurus ect calling a trade on this. Your about to taken up.

Fundamentally awful, GR awful. however risk vs reward at 0.21 to 0.24 is far different to 1p entry.

Snowking 😂😂😂😂

Whens the 800mil take over. 'Strap in'. Strap in what ? Spod price is 1060 with prems cash burn can it even turn a profit considering it has to strip duff ore and is not open pit

Absaloutely lying 🤡

Elc

Thats the point we will survive the lows and be operating on the highs. Some wont survive the lows.

China

So at 1k per tonne of spod there are very very few miners making money only the lowest C1s can survive. China will HAVE to start paying the prices or risk no suppliers at all and then be in a position to pay mega high. Its give and take. At 1k they are about to wipe out many other miners and or prospecting ones.

I could see a drift from 1.3k pt hense i warned up. However at 18% wiped off instantly created a great buy op here.

Spot price is slowing or stabilising across all lith products. I anticipated a sprin summer price recovery at a 1% drift down until then.

However now ? Game on.

Your last line of support of 31p has not held it tried twice but wasnt enough volume.

The drop is grim from here.

Atb this is price analysis only and not fundamentals.

🙇‍♂️ bows.

Badomen

No correct either.

No change on spod today from yesterday and no change on many spot prices with a couple actually blue !

Stock wont last forever and now these prices will look highly attractive to china.

I think we see a price turn around in a much shorter time period now.

It will take kodal and all others up with it. Steal buy in price this is considering in 2021 i was buying low 2s and mid 2s and what has happened since then risk wise is great !

Risk vs reward now is fantastic.

Wolf

You cant judge kodals profitability at spod price now. Look how hard it swings. From up 600% in no time and then 20% over a couple days !

The lithium industry is going no where.

Atb

No ones dissappeared. I have been focusing on trading some others.

I actually took some on the 0.31 as the TA data showed the floor was in. That short term pain i mentioned ? Now done.

1k spod priced in now. Which is great done over with. Again we arent producing yet we simply are at mercy of lithium macros.

I got a life mate. Im not on kod 24 7.