Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hey, I wasn't the one saying £1.20 a share.
I wish I did get paid per post - at least I'd be making money on this share!
The cure for low prices is low prices, I heard. And if the time-frame for lithium to rise from the forecast demand is in a few years (say 2028) maybe KC and the sunshine band's delays will be perfectly timed.
Would an ‘imminent’ DFS really cause the sp to rise 6-fold?
Great to think it would… but in the current climate?
https://www.mining.com/web/battery-metal-price-plunge-is-closing-mines-and-stalling-deals/
Based on past experience, the DFS will be this quarter - until the quarter is up and then, to everyone’s surprise it will be next quarter.
I guess each time they start from scratch, they have no financial modelling to re-use (where they plug in the new costs and out pops the results). So I can see why it will always take 3 months to almost complete it - until they decide they need another bit of time. /s
Https://www.newscientist.com/article/2411374-ai-comes-up-with-battery-design-that-uses-70-per-cent-less-lithium/
And they've managed to power a light bulb (probably an LED one).
AI, lithium, sodium, batteries - buzzword bingo!
But just shows there's always competition, so no one should be resting on their laurels...
Sodium ion for “micro vehicles”
i can imagine we will have a EV market with sodium and lithium (like an EV nod to diesel and petrol ;) )
(And who knows, maybe BYD is also keeping an eye on /hand in the (static) storage market.)
As I thought, now the talk is of the DFS coming out “soon” just a week or so after its postponement …and how it will be the game-changer… deja vu
An ever hopeful bunch (why else would we be here?!)
But I guess that’s all we’ve got to cling to.
Yes, sarcasm. And interpretation is in the eye of the reader - though it may be self-referential.
I’m just a little bit p!$$£d off with this company - the lack of any believable timeline.
But all my own fault - we believe our own stories if we tell them to ourselves enough.
(I’m down significantly and maybe I should hold my nerve - or take the loss and stick my money in ‘something less boring instead’ at least for a while. I can’t see it recovering any time soon even if there’s a March miracle (…beware the Ides…).
Let’s just admit no one knows wtf is going on - and nor does the management.
Some folks knew something - it’s been dropping for a while - but more recently end of October.
For me it’s a question of crystallising losses or bottom drawer/reminder of hope over reality.
Thanks Fingers.
Anyone surprised?
No confidence in KC and the sunshine band.
They’ve had all of this quarter - and now they need another three months. Maybe. They haven’t been able to work out how much more time they need, one week, one month?
What are they waiting for? … some EU funding perhaps? Or Li prices ro rise…?
I await the evidence for a positive outlook.