Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
Onlyking, you can't avoid them. I went on a news board which some believe had political leanings and it was exactly the same. Gave up on it.
Singling people out and picking on them, trying to drown out any good comments all exactly the same as here. Mixture of organised tactics - possibly paid and trolls.
I watched their behaviour against the better posters on the site and it may as well have been here, or any other popular stock board.
If you pick up on a subject you are strong or well researched on it will turn on you just the same.
Andi the resource increase drilling is focused on the best veins for the DMS plant at present, courser I believe, however it does not mean that the other veins cannot be processed by DMS, it just makes sense to use the best for each.
Andil, you need not have tried to do the maths
Original projections were on 680 dollars per tonne sale price and the figures are still on the website, the ones you mention from the presentation are only in the presentation and other documents.
The calculations were only changed to 2,080 dollars per tonne because our 680 dollars per tonne was so far out of touch with the spodumene price at that time. 2,080 dollars per tonne has no significance to us other than use in those projections.
Anything over 800 dollars per tonne is a dream for us and would multi bag. Those high spodumene prices would be all bonus if they return.
We will be a low cost producer.
Old tactic, create a negative headline and entice people to post under it.
The last headline is the headline you see on the chat summary page on LSE.
Most popular chat etc too, anyone looking at those summary pages is less likely to look at chat under a negative headline.
Ivenoidea, yes you are probably right it is a massive task. Probably over thinking.
Just I have a feeling this Morila/Leo thing may change some plans in Mali. Rather than just looking at everything as assets, potential liabilities could be brought in to the equation.
Ganfeng could be stalled for something they had no connection with. The lithium mine stuff they can sort, their JV partners gold mine links they cannot. Now Leo may have no connection and that could be the end of it.
However if we planned to develop and retain a gold mine in Mali clearly we would have that connection -:see where I am coming from?
Compo, which way they go with the gold may be a giveaway on which way they are going with lithium.
I find it odd that there has not been any indication of movement on the Goldfields so far this year.
I wonder if they have plans to retain a share of the lithium mine forever, if they will develop and sell off the Mali Goldfields asap. Retain Nielle.
If they retain Fatou, to sell out Bougouni at some point.
No other reason I can see for being quiet about them.
George, good point, they may well do that.
I reckon if Leo can dispense with the Morila gold mine potential liability completely, then they should be able to sort the DSO lithium issue, even if it means repaying the tax incentives and a fine, no small payment as it has been reported that they received up to 48m dollars in incentives (no duty etc).
However if the Morila issue remains I don't know where that will go.
Like I said this may make any other JV arrangements take a closer look at their JV partners, in our case possibly bring a buyout forward, DMS production or maybe even just before.
We have Fatou in Mali, Hainan may look at us differently, of course the flipside could be Bernard selling off any other Mali interests early to remove the potential liability issue contaminating another site.
George, agree definitely some badly chosen words.
Journalists are underpaid and overworked these days and it reflects in their work. Too many news outlets.
There are one or two high profile success stories which still lure them in, but getting less as the years roll by.
I think the Leo Lithium/Ganfeng situation, depending upon what happens, may be a trigger for change. That could create a push for a buyout and possibly hybrid arrangement.
I can't imagine Ganfeng being happy at present.
Doubling up, yes fluctuations like every other share.
Going well here, like Onlyking says the updates will be interesting.
One frustration here is we don't yet have a valuation on any of the Goldfields, the irony being they could amount to the current market cap which would mean shareholders were stressing about nothing.
But untill we get the first value through we have no idea.
Hope it works out for you at Prem, I have no axe to grind.
In fact I was interested in the technology.