Member Info for smrrty

Basically Mexico is trying to steal back what they should never have allowed to be sold in the first place. This will be terrible for inward investment. The best resolution would be to allow existing permits to stand but with provisos attached that bring the factories and expertise into Mexico. This would be the win win scenario. Train up locals in all the relevant areas of expertise and develop an industrial base in the lithium sector with a skills base to match.

But logic is unlikely to prevail I guess. If Mexico just starts randomly nationalising stuff developed by foreign companies it will hamper development in the long run.

Thanks for the hopium. Troubling times. Anyway “this time next year Rodney …”

Why wouldn’t we fall under the heading of foreign company? This could also go against us surely. Seems a bit lawless if you ask me. I was worried all along that the Mexicans were going to do a Babis on us. Now it seems they may just resort to making it legal to do something that is currently illegal.

Am I missing something. I certainly hope so.

Starting to see reports that this trip to Taiwan is going to have repercussions for Chinese investment in North America. Given the way this share always seems to go down on bad news but seldom up on good news looks like my attempts to keep optimistic here might need a boost.

Yep. They’re going to do a Babis.

I was talking about megalit I was maybe not discriminating between JV and jointly owned. But it looks like we may lose the chance to get megalit licenced given the way things are going. Or maybe they will do a Babis on us?

What happened to the megalit parts? Does this maybe affect them? Are all of our JV areas already beyond reach of any law changes, or only some of the more advanced ones?

I don’t know what the terminology would be for it? A dead slug bounce? Anyway a bit of blue makes a welcome change.

My only thought on this is that the market foresees the need to raise more funds as we go forward - increase ownership - and that this may be increasingly difficult as market conditions deteriorate due to sanctions on Russia and China. Obviously we have the stockpiles for now but my understanding is that a lot of this will go to pay debtors. We still need to rebuild a mine operation and costs are going to go up.

I don’t know why, other than this, we would be sitting where we are. I can only think that there’s a perception of risk in general in the markets and we are perceived as less than a dead cert in particular.

I truly wish it were otherwise and am now sitting at a loss when could have sold for a good profit in the 30s.

Hopefully there will be some good news soon that will turn this thing around.

Well you’re obviously convinced he and others who are saying the end of the war is near and you will no doubt make your investment decisions accordingly as will I who believe that it is indeed going to resolve itself soon.

The rights and wrongs of all this are outside the scope of what we can consider here. All we need consider is the impact on the market for us in terms of timescales, trading partners, and commodity prices, and market volatility.

As I say I’m hopeful - based on my research - that things may calm down soon. Although if we go the sanctions route against China then all bets are off.

Colonel McGreggor in the U.S. has a more sober analysis of what’s going on on the ground than we get from our media in general. Also the Ukrainians themselves admit that Russia now has complete control of the Sea of Azov. Meanwhile Zelenski has just banned all opposition parties - I haven’t managed to confirm this last bit but if true it is hardly the action of a regime that is winning. McGreggor also says that it is wrong and reckless to be sending all these arms in when the war was effectively won by Russia in the first 48hrs - his words. It can only result in more death and destruction in my view. But the point I’m making is that - in the absence of western intervention which most believe would lead to WWIII - then the main disruption to markets will end soon from the various things I’m seeing. Obviously the humanitarian crisis as well as the boomerang of the sanctions on economic life will continue beyond the end of the war. I’m not taking sides here I’m just outlining what the possible ramifications of all this might be on markets given what information I’m able to glean through the fog of war.

We’re there to be a collapse of the petro-dollar plus a recession combined with inflation which some commentators I’ve seen believe to be coming, I would be interested to know what people think might happen to our investment here. Obviously the cost of shipping will go up but then so to will the price of steel. There are other factors as well such as possible sanctions on China etc. Probably too many moving parts to even hazard a guess I would imagine. But it’s food for thought is all I’m saying.

The reports I’m seeing are giving around the end of April for defeat of Ukraine army. But Russia won’t be leaving until they have a situation that won’t just drift back to the one that led to the invasion so it will not be resolved completely until that which could take years. Hopefully the military part is over soon because the more weapons we are pumping in the more prolonged the suffering and although quite sparing of the civilian population so far - for a war - they won’t want this to drag out and may have to go in much harder if things get dragged out by more intervention by us.

The long term consequences of our sanctions on economic life are going to be huge however. We are almost certainly looking at a complete realignment of global economic life and the end of U.S. dollar hegemony. China, India, BRICS countries along with Russia, and some African countries are going to end up on one side which will have an impact on how trade is conducted in world markets that will in turn impact how our company fits in.

Tragic and very uncertain times.

I wonder if Kieran will manage to bury the good news under the rubble of WWIII. His timing has been impeccable so far.

Also he mentions crystallising one of our assets this year earlier on?

I’m up to 86! And I consider myself a very tolerant man. How on earth I ended up with that many I don’t know. To be fair I think a lot were the obvious tampers who turned up when our share price went through the roof over some kind of misunderstanding.

Perhaps the various heads and handles could be assembled in a museum while the ‘original’ broom goes about its business with Trigger. Talking of paradoxes. My favourite one is the Pinocchio paradox. Pinocchio says “My nose is going to grow.”

This could have an interesting impact on how market makers operate in the US. Maybe it might tun up here: https://t.me/PatrickMByrne/1333 Patrick Byrne is the ex CEO of overstock and was instrumental in exposing market corruption in the past.

Could it be that by lining up more shipping that the courts or banks seemingly allowed for we are playing hardball with the banks. They will then go crying to the courts and this may well fall on deaf ears as the courts may well effectively say ‘tough. You’ve had you chance to reach a deal, now you are trying to stop the progression of the project for what seems to be nefarious reasons.’

In that case I realise I have been YOLOiing for some time without realising it. I’m trying to finance my house build out the profits. Meanwhile I’m basically camping in a field so I guess I’m about as all in as could be.

YOLOing? That’s a new one. What does it mean?