RE: USA flying21 Jan 2021 07:46
My answer on Hot copper :
Why did Rodney Hooper mention 50,000 tonnes in his latest podcast , and I wander where that may have come from ? RK Equity are now employed by EMH . Did you not think that this was a subliminal message to the market . The stock market operates on forecast earnings and forecast production , no one cares what was said in the past what you need to do is look into the future . The PFS numbers were plucked out of the air to get the ball rolling , simple as that , the offtakers will truly determine our DFS and there is enough demand to sustain 150,000 tonnes of Li per annum . increasing way beyond that til 2030 . You have to be an absolute ninkumpoop if you believe we are only going to produce 25,000 tonnes a year for 20 years . What ? 8 clients for 3,000 tonne each . laughable !!!!!!!!!!! HD3a already , years ago , said they need 8,000 tonnes . Tesla did 8,000 with Piedmont for crying out loud . VW tender process three years ago was for as much as they could get . CEZ intend to build 2 gigafactories , what ? you think they will buy from Piedmont ? Have you worked out what they will need ? No , I guess not . Any one else guess to give us the numbers , I can't be bothered looking them up .