The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Https://cnevpost.com/2024/02/18/automakers-share-of-china-nev-market-jan-byd-tesla/
An offtake with BYD would make a massive splash!
EPA progress
https://x.com/AtlanticLithium/status/1758483532790280552?s=20
Refrained from adding as something not right with this one.
Unfortunately yes.
Food for thought, even at current spodumene prices profit would be over $100 million US in just 1 year, despite a tiny margin of about $280 above the AISC. Now imagine if the margin is $500 or $1000, or $2000.
Demand is only increasing.
Mid and high cost producers no longer viable.
Squeeze incoming in 2024 and 2025.
Brilliant stuff. All pieces of the jigsaw coming together.
Ewoyaa Lithium Project in Central Region expected to begin by December | Business Live (15-2-24)
https://www.youtube.com/watch?v=6FvN2NiRHgk
Good post, but to push back a tiny bit I don't think ALL is an explorer anymore. A sentiment repeated by Neil very recently.
The exploration to confirm if there's enough spodumene to greenlight the project with a lengthy life of mine is done. With 80% of this confirmed resource in a high confidence category which is exceptional. Of course there is still exploration ongoing, but this is exploration to further increase the life of mine, rather than to confirm if there's something there! Two very different things.
The PFS and DFS are both done and proved the project the more than feasible. In fact confirming it will be one of the lowest cost producers in the world and with one of the highest outputs at a whopping 365k tonnes of concentrate per annum.
The mining licence is granted, the remaining funding sources are almost ticked off.
Development phase and shortly after production is coming.
Neil bullish
https://x.com/AtlanticLithium/status/1757806400581849557?s=20
"Loads of news to come"
https://x.com/ALLTheChairman/status/1754822510053388624?s=20
You're correct he's talking about a completely different company! So moving on...
I see the price had a rebound on the ASX. Perhaps leaky.