Member Info for GaiasKidney

Yes, 15% up now Teddy.

Respect.

This is fascinating

https://thedriven.io/2023/03/30/legacy-auto-faces-disaster-in-china-with-unsellable-cars-as-pollution-crunch-looms/

May seem remote for Atlantic but them primarily partnering, further offtakeing (?) with the US should offer good protection. Of the major OEM blocks I think Japan and Europe will fair far worse (and so further mess up their EV rollouts) than will US OEMs. Tesla pivotal. Our customer.

Had seven years, could not make it up!

Waaaaht?

Not for long l expect.

Well the timing of that spamming was beyond funny.

Reality dawns!

Bottom?

https://twitter.com/SamsonLi7/status/1640675665350639616

Upward movement. Blip or reversal?

Ha. Oh dear! Albemarle not Alkem, tut.

https://twitter.com/InvestorMeetCo/status/1640603378785955841

The thing is with Alkem (up 14%) and their first and rejected bid for Liontown (up 68%, they will up the offer) is that this will transfer more power to the suppliers to manage lithium pricing as they so wish.... and that will be as high as it can be without demand destruction.

For instance once they suceed with the LTR take out they could with little to no pain to them selves choose to mothball Kathleen Valley.

Perhaps CATL should have a think about that.

I'm calling the bottom for China carbonate.

And still at some 7x the 2020 low.

Obviously this has just upped the pressure on the (IMO) 90 to 95% discounted ALL price to fair value.

Do do due dily.

Aiu this is arrising from a Ghanian ambition to build out a lithium chain down stream all the way to ev production.

Happen? Maybe. This decade? Doubtful.

5 year period stated here

https://www.ghanaweb.com/GhanaHomePage/business/MIIF-GSE-Mincom-on-course-to-deepen-local-ownership-of-minerals-1731050

As previously spotted by SP Monday.

With that the logic aisi with the prerequisite re a licence award can only be that Atlantic applies for and gets the listing but it will be up to others eg MIIF to build up the level to 20%

In one of the videos your 'Martin Kwaku Ayisi CEO of Ghana's Minerals Commission' I think said getting a Ghana SE proportion of the total ALL/A11 issue to 20% was expected to be a 5 year long process.

Search: " Martin Kwaku Ayisi CEO of Ghanas Minerals Commission " on YT brings up quite a few interviews of late.

As he predicted.

Astute, do not ignore.

https://www.yicaiglobal.com/news/small-chinese-lithium-carbonate-firms-shut-down-as-prices-fall-insider-says

Rebound incoming.

Who knows, but I certainly did. Irresponsible not to at those (irrational) panic prices on the 'day of the deed' as I saw it.

So do the IIs know this is now a done deal and future mega profits are now certainly rolling in? Do I know?

No do I ek, l just do the DD and see a central outcome showing a now some 10 fold plus discount on future fair value and also now see far far lower odds than that that that outcome with an *it's built and it earns shed loads* Ewoyaa panning out.

No flailing about. No finger pointing. Comfortable to wait. GLA.

Large set of videos from their Canada Rocks virtual conference .

Excellent learning resource for anyone looking at hard Rock Li.

Haha. We will both be looking forward to those thick end of 6 fig divis then!

We'll see how it goes :-)

Though future SP6 pricing is inevitably an unknown what is and will remain certain throughout the chain in an expanding lithium demand economy is that the marginal costs bases has risen substantially and will remain high until EV take up approaches saturation. Presently average contract SC6 is going at 4.9k, I expect Ewoyaa will sell that product at between 2 and 4k over the LoM and would put the average at 3.2k. From that?

For Ewoyaa
SC6 production 300kt/y @ 3.2k/t
DSO fines sales 200kt/y @ 400/t
Ignore feldspar
Revenue 1040k
Minus royalties @ 3%
Minus OPEX of 150m
= 860m
- 20% tax
= 690m.

Atlantic own 45% of Ewoyaa
Revenue from Ewoyaa 310m
Atlantic costs, exploration etc 40m
Earnings 270m
PER 10 Mcap 2700m
Share issue 700m sp 385c, 320p
Distribution $130m, £105m. 15p per sh.

I see present pricing as a rare gift, but DYOR.

Smell of BO? Bag it bin it.

https://www2.asx.com.au/markets/company/a11

Onward.

https://www.miragenews.com/ex-tesla-director-jailed-for-insider-trading-970416/

Could be bit of a neg for Piedmont?

"Atlantic has so far not released information on the progress of the mining license application"

Just have! If you want to keep pretending to be the font of all ALL knowledge best keep on the ball Mr Zero.

To quote NH (just, on Vox, 3m 30):

" The next 3 months we expect to be the most important in our history. This is where we expect to get our mining licence approved by the ministry "

Check it.

ATB.

In Li2CO3

https://anchor.fm/globallithium/episodes/Episode-156-Daniel-Jimenez-e20jvh1

https://twitter.com/Patrick_at_PLL

Brindle in Ghana