Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Jackie1,
Could you elaborate just a little
Market is closed.
Olympics is on bbc1
If anyone's is bored
"market won’t take notice of how enormous this #Lithium resource will be until DFS complete." James goozee on twitter.
Could be a long wait. SP drift most likely.
Who has the patience to hold ?
Who will dip in and out of prem until some real news ?
Ministers must urgently secure supplies of raw battery materials to save the British car industry and meet the Government’s target of banning sales of petrol and diesel vehicles by 2030, a Lords committee has warned.
Has the lab arrived?
Snowking I do believe that's in usd.
Sounds crazy but when lithium reaches peak demand, I'd say spodumene will reach $2,500.
We are nearly $1000 now and electric vehicles are no where near the majority on the road.
Anywhere between $2,000 and $2,500.
The $1,5000 spodumene isn't far away with increasing inflation, shipping costs and money printing by many central banks.
As always time will tell.
Spodumene at $925
https://twitter.com/danieltelford79/status/1418738740336291848
https://twitter.com/Premafrimin/status/1418158393739653122
What's the current LCE price ?
“Lithium prices have risen sharply since February and we do not believe it is temporary,” Credit Suisse research analyst Matthew Hope says.
“The lithium supply glut has ended and the market is now tightening as the electric vehicle revolution accelerates, [meaning] supply will need to stretch to meet demand.
Lithium bubble will burst in the future. It hasn't formed yet. If prem went into production then yes big chance by that time it would burst.
On the other hand while in 2022 and 2023 when the bubble gets bigger I'm sure GR will sell zulu.
Lithium price will eventually be a bubble just like uranium was.
This doesn't it mean it won't be used or no demand for it this is purely about price and what people are willing to pay.
Hydrogen is getting "ramped" by major oil as the alternative but don't see it going anywhere. Lithium batteries will be the dominant.
For prem to get samples out the ground probably considered a big thing because of GR but....
It's not really. The results will make the difference now and at the end of dfs.
Acker is right about filler rns. Just sit back and wait
Circum - because what are mates for
Currently what is the biggest hard lithium resource in the world ?
How big is the Resource (in tonnes)
And who owns it
After seeing the drilling video I feel more peace of mind. A lot of people to deramp about prem. They are not wrong. When so much dilution, communication issues and revenue you couldn't buy a can of coke with this surely is dead.
I first invested in prem after reading an article which said feel sorry for the prem investor who lost 99% of its value.
Thought must be worth a punt
Today, with the epo granted and the assest in the ground ready and conducting dfs it's in a much better position then when I bought in (Dec 2020/Jan 2021)
I wouldn't want to predict too far ahead (as it is still prem with GR !!) BUT some dilution and months later a rerate will occur.
Once the Resource and quality are reported.
Gr just needs to fund and finish the dfs.
Good luck all
It could that traders are out ?