Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I love this final statement by Larry in the RNS, here's hoping..
"I firmly believe that the official launch of Mistral next year will be the most significant announcement in the entire stationary energy storage market in all of 2024."
Price will increase (or at least we'd expect it to...) as de-risking progresses. This will happen way before production in late 2025. Risk/reward decreases as a function of time, everyone has their own position on this timeline where they're comfortable with their own personal risk. Certainly there is potential for the biggest gains for investors at this stage, but it's not for everyone!
I remember quite a while back Aldo saying that he likes to 'under-promise and over-deliver'. That's always stuck with me and whenever I hear him speak I have this at the back of my mind. I think both him and Steve are very straight with us, and when they mention things like 'an expectation of a significant resource upgrade', I believe that we can be confident that positive news will be coming our way before too long.
Recent 10 min interview from Excutive Chairman Dr Steve Kesler, giving a brief update on progress, including DLE:
https://www.youtube.com/watch?v=IMSDBi1Je9k
I watched this webinar live and these bits you highlight are a part of the reason i invested, and did so with all i could afford (not as much as I'd have liked of course!).
I agree with all that RD, but I think the key element going forward is what progress they make with the DLE process.
They have the DLE demo unit from Sun Resin now, and I hope to hear prelim progress on this soon, perhaps in Aldo's presentation on Dec 6th. Getting this working will be key to the success of this company. It may take a bit of time, all brines are NOT the same, but I am hopeful, in conjunction with the Sun Resin expertise that they can make this work.
I'm heavily invested here btw, I believe in them.
There was an update on their Twitter feed on Friday, a few pics of the resource areas, and a little bit of information on when they expect to upgrade the resource (Q1 2023 for LV)
https://twitter.com/ctlithium
This is what I recall too. I'm still excited by what they said (albeit they couldn't say much) regarding Mistral and it's game-changing capability. Holding tight until this hits.
Looks like 540p target with the Franciso Basin resource included, although I've not seen the Broker's quote directly.
https://twitter.com/TKIA87661582/status/1580066578309074945