RE: Piedmont9 Sep 2024 15:05
Neil Herbert, wow, so positive but so now quite! Zimbabwe spodumene has been already calculated into China supply / deficit. Forget US, Europe. China and rest of world in a raging bullish EV, ESS, lithium demand. Sheesh, lithium spot price has hit all time lows, hmm, beginning of October Q4 begins. Tbh, we still very positive with Atlantic Lithium. Also believe the longer spodumene in the mid 700s the harder the inevitable price correction, could arrive as early as Q4 next year. Demand in the equation just time to witness this phenomenon play out, seriously this bear lithium market will turn extremely bullish again, a nuanced lithium market will whiplash, IMO. Atlantic Lithium fortunate to break the cycle, cashed up, DFS, just waiting on the final permitting, before major news.
China needs Atlantic Lithium, curtailment happening in the lithium space, Arcadium, Core Lithium, Albermarle cutting back in mine production.
I remember X CEO of Pilbara Minerals Ken Brinsden once stating, WA lithium upstream producers will have discipline of supply going forward. Dale Henderson CFO took over as CEO at Pilbara Minerals, guess what, no discipline, ramping up to P1000, absolute foolish.
PLS acquisition of Latin Resources badly timed too. It's no Pilbara, Altura, lithium space has more pain!!
Once Atlantic gains ratification we will be doubling down with my holding, we believe in Ghana 🇬🇭 democracy, we believe in Atlantic Lithium future as a potential multiple Billion Dollar Market Cap Company.
GLALTHS of Atlantic Lithium ...
Neil Herbert, shareholders require a Ewoya update!