RE: Always drops below placing price7 Jul 2023 07:29
I posted this on 1st June regarding sp in the short term over a month ago :-
"Steven I think without question it will hold around £1.30-£1.75 until news comes.
The directors I think had a plan which due to the launching of the Ukraine war, scuppered many governments budgets through gas and oil increases globally, increasing manufacturing stresses and supply chains globally and therefore over a period eventually concerning the markets and banking on the future pay back , escilating costs and delays v a sector that cannot fail, has had multiple billions thrown at it including wind, hydrogen, battery tech , water power generation and the biggest cash drag nuclear. Solar I place in a seperate sector of its own. China rules.
My best guess is Electric batteries globally have had so much put in individual countries will have to decide how to directly fund, let go, or generally guide grant support, that they are well advanced that in the next 7-10 years the infrastructures needed to support basic economic and community spread will be in place. Might be a heck of a lot of debt to get there for some, but the big money will hold all the aces and will advance at pace.
The previous lithium rally in the late 2017-19's shows it is tough when costs increase or borrowing at depth is needed. The small guys who dont get the deals get done and ended. It looks like the next period could possibly sort out those who do and those that cant scale.
My interest is very much in fact that Europe has so much capacity made and built for lithium infused batteries it simply cannot be overlooked. "
As we drop towards £1.30 possibly is this a chance to buy prior to company changing funding.
To order plant NEEDS to be started asap for 2024 construction. August is coming hopefully by Sept / October the as they quote the share price number not me , hopefully a sensible move to £3.00+ then their quoted price of £5.00 on completion of construction.
So the potential today is £1.30 to £5.00 in 12-18 months.
IF by October no finance and no JV by New Year then they ARE in trouble.
Theo or MO whoever they are and work for will be right. Both characters cannot be right? Same person imho so be careful and double DOUBLE check their links for a wide proof of correct data.
Then we will see how he wants to push the negative or the positive. I note Theorist has disappeared for now BUT MO is back.... Teehee its quite fun though
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