Member Info for GaiasKidney

Herbe has quite a lot to say on approaches in the IG vid a few weeks back. From ~9min in.

DYOR.

Highly informative to tap in a search 'november ev sales', uninterrupted strong rising trend globally despite massive macro headwinds. Sector secular changes can and do overwhelm the cycle at times.

https://insideevs.com/news/625651/global-plugin-electric-car-sales-october2022/

https://www.current-news.co.uk/news/november-bev-sales-see-highest-market-share-of-2022-says-the-smmt

Fact is fact

In general that level of price to NPV discount with a mining project at this development stage would be highly anomalous (around a 75 to 85% discount is the norm) and would indicate there is a real problem with the project. However I struggle to find any high probability failure risks for Ewoyaa that could account for what I calculate is the real discount here.

On that I am using the SC6 price expectations ahead that come from those with the deep understanding of the lithium space. That coming from an understanding that it is and will remain for some time the miners that now own the pricing power in this rapid electrification transition. ... And from that I only conclude that that is the problem, there is a lack of general grasp of what is happening.

I guess in time people will see this astonishing value opportunity. Early birds etc.

a modest position with FRG as taken profit at ALK over last weeks.

So much points to those at the source of the stream retaining their sellers' market for the foreseeable that even very early stage explorers could have exceptional upside. The positive involvement of ALLers I also value.

AIMO.

Morning.

Of course the cynical view is that all these jawboning shout outs are designed to temporarily frighten off the more nervous birds so as to creat said dips for...? themselves as they are just as bullish on this once-in-a-generation global eco/technological transition.

Who would conclude such?

Ah SW but perhaps GS etc note writers have indeed been invited again and again to these panels - but have shied away, perhaps a little frit of humiliation in the face of the deep knowledge and experience of genuine experts.

Bully for us eh?

Buy the dips

November presentation

LL that is already anticipated. P26

https://piedmontlithium.com/investors/presentations/

Assumes Ewoyaa produces 32kt for peidmont in q4 24 before Tennessee is refining. I would expect that spod would be sold to open market.?........ Could be at some price too.

Did he just say he expects the mine will be 2 to 3 times bigger than 30m in time?

"Buy the dips"

Text book.

GLHs

Just put out some new numbers: 770k spod grossing 3.6bn revenue supporting a 15bn NPV.

Suggesting they are choosing a comparatively rich 4600/t for their SC6 - Ewoyaa PFS 1350.

SIGMA is a big project but much points to Ewoyaa being at least half their size in the end. An NPV at half SIGMA's now stated is some 6x the figure in the present Ewoyaa PFS. Much points to alot of upside as this moves nearer to being built. Note over the last 5 months ALL has put on a creditable 40% whereas SIGMA has ballooned some 2 1/2 times as production nears.

Buy the dips.

DYO.

Would be great but I expect that DFS will be a condition for Peidmont's FID. With their many commitments coming up I think they are going to have to at least in part raise funds for their share of the Ewoyaa build.

Much can be fast tracked tho.

https://youtu.be/lSWmob3WGR0

Ah. Try this

https://www2.bgs.ac.uk/mineralsuk/download/cmp/lithium.pdf

Of interest British Geological Society overview of lithium occurrence in the UK
https://www2.bgs.ac.uk/mineralsuk/download/cmp/lithium.pdf&ved=2ahUKEwjAm6T839b7AhUOaMAKHZ6NBsY4FBAWegQIBRAB&usg=AOvVaw3Q77q5obFVNcniiB43ERFA

VIS. Mining/processing in UK from memory.

UK brine:

Northern Lithium
Weardale Lithium
Cornish Lithium.

Hard rock:

British Lithium

Chemical refiners/processors:

Green Lithium
Tees Valley Lithium
Leverton lithium
Livent also has UK plant.

Fantastic results from the exploration drilling. There is no way this doesn't go above 50mt MRE.

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

That's 6.78% Li2O at Ewoyaa by the way.