Member Info for GaiasKidney

More on PLL/SYA reopen

https://stockhead.com.au/resources/monsters-of-rock-sayona-and-piedmont-approve-110-million-plan-to-restart-canadian-lithium-mine-amid-price-boom/

Allkem SW, but also seen similar elsewhere

https://finance.yahoo.com/news/continued-strong-product-pricing-operational-231700022.html

ATB.

In PF since buying in six months back. Dip from oversold market was not to be missed. Hope many got in.

Understood for many months that Piedmont will focus on NAL and building out LHP-2 , quickly followed by Ewoyaa.

Spod spot holding high at 6k+, contract still rising at ~5k. Resource growing and growing.

And best of all people turning up trying to talk it down. Wanting in but not cash ready? Oh dear!

GLHs.

http://sovereignmetals.com.au/company-presentations/

https://www.batterymaterialsreview.com/ourblogs/what-is-the-equity-market-getting-wrong-about-lithium/

https://hotcopper.com.au/asx/pll/discussion/

https://sprott.com/media/5406/220722-scp-svm-expansion.pdf

"Pilbara Minerals’ incoming managing director and CEO Dale Henderson said the market remains in rude health.

“This is an exceptional outcome which provides further evidence of the unprecedented demand for battery raw materials being experienced across the global lithium-ion supply chain at this time,” he said.

“Contrary to recent suggestions that the market has peaked, the evidence we are seeing at the coal-face with our customers, including this pricing outcome, suggests that demand remains incredibly strong, with a continued healthy outlook for the foreseeable future.”

All eyes will now be on a seventh auction due to be held in the second week of July"

https://stockhead.com.au/resources/ground-breakers-pilbara-minerals-sells-spod-at-wild-price-of-us7000-t-says-lithium-demand-remains-incredibly-strong/

I'm looking to take a position but presently see far too much country risk re:

https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/chile-at-risk-of-missing-lithium-boom-amid-political-policy-instability-70712711

A shame as I like how this is going and DLE technology is rapidly getting far closer to industrial scale realisation. I will wait until Chile gets its act together.

Ignore those who try and rattle the (Goldman) skeleton, the research there is lamentable.

GLA.

"We therefore initiate with a Speculative Buy recommendation and £8.40/sh. target price."

RNS.

Reckon extended SS is going to be an eye opener.

Thinly traded, won't take much for recent highs to get retested.

EU restricting

https://www.reuters.com/markets/commodities/top-producer-albemarle-risks-shutting-german-plant-if-eu-declares-lithium-hazard-2022-06-07/

Plan firming

https://www.business-live.co.uk/enterprise/firm-driving-plans-uks-first-24167169

https://www.batterymaterialsreview.com/ourblogs/how-to-forecast-prices-in-a-supercycle/

Barring abandoning the transport decarbonisation transition battery metals will be in a supercycle for many years to come.

Haha. Hannah tore into the vampire squid with unarguable evidence and reasoned logic on what is happening and is to continue to happen in this breakneck transition in which however much some might want it mining cannot instantly provide.

Li on the rise again from a pretty small pullback

https://tradingeconomics.com/commodity/lithium

https://www.mining.com/web/the-trouble-with-lithium/

Benchmark research

https://www.benchmarkminerals.com/membership/global-gigafactory-pipeline-hits-300-china-maintains-lead-but-west-gathers-pace/

In this febrile climate he may have to be generous with PRE paper to get this away.

We'll see.

GLA.

The big global established OEMs are finally getting it that they need control of the up stream if they want to survive, never mind see profit from, the EV revolution. But the extraction cos they are now going to have to buy have become (rightly) expensive...... maybe too expensive to risk buying..... so who do you call?

An investment bank who's main business is making very large fees from M&A thank you........ with a side line in market manipulation to 'ease' the process?!

AIMO.

https://www.afr.com/companies/mining/goldman-is-wrong-lithium-miners-brush-off-share-price-rout-20220602-p5aqjn

"1) global recession temporarily hits EV/battery market - possible"

Build in headwinds not having any impact so far on lithium demand. Very recent auction of 5.5% spodumene:

https://news.metal.com/newscontent/101840651/australian-lithium-miner-pilbaras-second-auction-of-2022-sold-for-5955mt

AISI any price above 2k for ALL spod will have the NPV above 20x present MCAP when you add in the certain coming resource increase.