Member Info for elcobbledore

He’s crying into his milk with his short being burned again.

Indeed Daz, the one thing I do give the Chinese credit for is if they see a project that is commercially valuable they don’t mess around and get things done.

Another confident RNS stating expected full production by year end. Personally I am expecting a few delays but clearly they are keen to get moving which is good news.

I’d love for it to remain flattish as wanted to throw another £20k in come 6th April…

Https://thedriven.io/2024/03/19/byd-says-plug-in-electrics-will-exceed-50-pct-of-new-car-sales-in-china-in-next-3-months/

Pace of EV growth is staggering in China.

https://www.icis.com/chemicals-and-the-economy/2024/03/western-automakers-face-a-race-to-catch-up-as-chinese-evs-arrive/

I’d be surprised if they don’t ratify, what would be the point? If they don’t ratify then lithium just stays in the ground so of no benefit to anyone?

Agreed Lav, just remember it is Africa, I’ve bought a few ALL shares too and they are also having issues with ratification in the parliament. Everything is slow in Africa we can’t change that. Let’s hope we can get close to the 50 mt amount, that would be lovely 👍

Yep to give LSE credit when you report a post they tend to be on it which is good 👍

Folks, best to report trolls and ignore little twats like JW Bellamy. He knows every time he’s reported he gets in the bin. Sour cos his short got burned and so easy to see he wants to manipulate the price down for a lower entry. We see through Knobheads like that. 👍

Thanks guys, surely it’s in their own interests to get it sorted asap? Or is it greed ie they just want a higher share of the profits? Unfortunately African mining isn’t quick at doing anything (I’m in Kodal too). Let’s all hope it gets sorted soon hey!

Hi swest I was wondering if you have any idea when ratification will happen? Surely the economics of the project are very strong for the government? Or do they want more of the pie? If it doesn’t then does that mean Atlantic won’t be able to mine which obviously wouldn’t be good news. I’m trying to get my head round it all…but finding it a tad confusing cheers

Https://www.mining.com/web/the-big-lithium-short-gets-dangerous-on-lower-supply-outlook/

Pls just received pre auction offer of $1200 and current price is $1045.

Shows demand is clearly there, a good sign.

Https://www.metal.com/Lithium/201906260003

Spod up again, hope it continues

Https://www.fastmarkets.com/insights/lithium-price-fluctuation-should-not-deter-market-growth/

Https://www.mining.com/web/after-massive-bust-global-lithium-market-shows-signs-of-life/

Https://www.theaustralian.com.au/business/stockhead/skin-in-the-game-asx-director-betting-on-lithium-recovery/news-story/692ac023cf846718f44bb8182c9abd44

Important that directors have skin in the game and Bernie has a load!

Https://twitter.com/usuallyYJLee/status/1765978199811625151

Says supply surplus narrative is a rounding error. Who knows for sure it will all come out in the wash!

Https://www.marketindex.com.au/news/major-lithium-bull-end-user-ev-demand-not-restocking-key-to-sustainable

A good summary of current market..