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Https://stockhead.com.au/resources/monsters-of-rock-are-we-hitting-a-floor-for-battery-metals-prices-or-is-more-pain-on-the-way/
If it gets back to $1550 when we are producing then happy days, decent profit to be had. We will see…
Https://twitter.com/EVCurveFuturist/status/1753317476266582163/photo/1
These are just forecasts and I think they are pretty optimistic as always Dyor.
Https://www.chinadaily.com.cn/a/202401/23/WS65af8a72a3105f21a507de91.html
What I would say is the investment bank are all doom and gloom. Bank of America have now said expected lithium price $650 pt this year. I just can’t see that happening, hardly any producers will sell at that price. I do think there will be some rebalancing on the market as lithium is still immature. I think over the medium to long term we should see $1200 pt plus to make it viable for most producers
Https://twitter.com/EurozHartleys/status/1752920842500247630
Yep I’m with you, definitely wasn’t expecting such a retrace but 0.88 wasn’t my sell point so happy to wait. Think will come good in the end just patience is required, gl too 👍
Good luck with it hop2, never easy and you can never get the winners right all the time. I’m massively down on bradda and firering but that’s the nature of aim I guess. Kod is so undervalued at the mo but think won’t move until we get news. Think may be some movement during start of next tax year on April 6th. Just buying when I can and holding, tide should turn on lithium price at some point.
Https://twitter.com/catl_official/status/1751919502609031199
Amazing…
Wonder if anyone here invested in he1 recently. Wow. Shows big gains can happen quickly on aim (and big losses). Not to say it will definitely happen to kod but you never know, got to be in it to win it!
To be fair though I’d rather it stays low especially until April when the new tax year starts so I can keep topping up. Kodal is like an old school Heinz ketchup bottle. Good things will come to those who wait 😉 but yep it’s a joke where the share price is now, less than what it was, only marginally above when the massive Hainan deal was announced. I’d love to get some news on gold as media attention is so negative on lithium. We are a sleeping giant when it comes to gold.
Courtesy of Oregon Group
https://theoregongroup.com/wp-content/uploads/2024/01/Inside-the-accelerating-global-race-for-lithium.pdf
Hi mijas, sure it’s because of a few things. Firstly lithium price has taken a battering down over 80 per cent. Many people selling as a result but we are low cost therefore even at these prices we are still making a profit. Others like core lithium are higher cost therefore have paused some of their operations. Secondly I think due to Leo lithium next door being suspended that does have a negative impact on us. However we have done everything by the book and seem to have a good relationship with the government. For me though it’s all about looking at long term and the profit we can make over the lifetime of the mine. Plus gold…that hasn’t even been factored into our share price and there is massive potential. I am hoping they’re drilling and can come up with some new MREs. That’s why I like kodal, it can pivot on lithium and gold. Plus project is fully funded for DMS plus many millions to explore. I’m buying dips and holding and thinking long term over a few years. Aim always goes up and it goes down. IMO significantly undervalued at the moment.
Https://twitter.com/ProfRayWills/status/1749728704564175144
Interesting analysis and shows demand is certainly there but all depends on supply
Here is the official ASX release. Looks as though a payment may be made to the Mali government, perhaps something to do with ore shipments. We won’t know for sure until it’s been confirmed though.
https://www.investi.com.au/api/announcements/lll/14b561df-b7a.pdf
Https://cnevpost.com/2024/01/18/ganfeng-signs-supply-deal-with-hyundai/
Deals are getting done too
Yep agreed, after what we’ve experienced it is certainly wise to add some fat into the timelines. Bernie is a trustworthy CEO but does need to be a bit better at managing timelines. Oh well, slow and steady wins the race. I really hope it turns around at prem, whilst there has in the past been a bit of a rivalry between kod/prem holders I don’t think anyone wants to see any private investor lose money. So genuinely hope it turns around for them 👍
I think it’s part of the commissioning process which we will have to go through. I’m no expert though so not sure.
Https://mining.com.au/leo-lithium-maintains-pace-at-goulamina-through-december-2023/
They’re not messing around next door! 1,800 workforce, blimey…hopefully they get everything sorted with govt soon.
Yeah would be good to have clarification at some point but I’ve already built in a few months safety net knowing previous timelines! Hope you’re feeling better now Daz 👍