Participate in Share Chat. Set up virtual watchlists and portfolios See more trades and share info.
Register for FREE Now
Leon66
Posted in: EMH
Posts: 238
Price: 30.00
Strong Sell
Https://www.reuters.com/markets/commodities/china-lithium-price-poised-further-decline-2024-analysts-2023-12-01/
Li price keeps dropping. Collapsing demand. Battery manufacturers already have their supply lines. This dog ain’t going to bark.
Down to 56 cents in Au and seems to be trending further lower. How can KC be forced to go?
DFS is meaningless now. If anything it’ll be a buyout for pennies - that’s all it’s worth.
Worthless share certificates.
So what’s crackin’ dreamers? Buy out on the table? Nope. Off-take? Nope. So…it’s a dead duck?
Road to ...nothing... https://www.bloomberg.com/news/articles/2023-10-02/slumping-lithium-prices-signal-angst-over-china-s-demand-outlook
Https://www.mining.com/web/lithium-price-rout-deepens-with-battery-metal-now-down-75-this-year/
Price: 29.50
Down it goes! 10p next stop!
Hahahahaha.
The tampers and deluded fools on here are hilarious - dissenting opinion? You’re a BOT lol. You guys :)
Perhaps Mr Cautious is a bot as well lol?
DFS is of less importance. An off take deal or buyout are what matters but no sign of those outcomes. The whole thing could be nationalised with the stroke of a pen.
This dog hasn’t barked in 10 years. No deals…no buyout…could be nationalised. One penny.
Also don’t forget his ex missus is a significant shareholder Skelly - imagine what would happen if she unloads. Carnage.
The relevance of the DFS is minimal as is the FID. The only thing that matters now are off-take agreements / buyout - neither of which seem to be anywhere in sight so….corpse.
Tears of laughter at this swinging corpse
No Opinion
Nothing signed…no deals…other Li projects are forging ahead while this one is a rotting corpse. There hasn’t been a pulse for years.
This dog hasn’t had a pulse for years.
Price: 30.50
So after the "groundbreaking" news...the SP remains in a coma. It's a dog. No hope. Pennies in the pound.
Login failed