I totally respect anyones decision to buy or sell, because I don't know circumstances But unless you need the cash, I cannot conceive a reason to be selling at this point in time Food for thought: bids are in resource updates, many to come yet, 560kM2 to go at pfs spod / mine auction data near term high grade mine when, most are 7-10 years off Carolina appears to now lag Ewoyaa for PLL. Tesla waiting
Agree. Looks like a resource update will safely preceed the pfs, which is the right way round imo. When the pfs numbers, with upwardly revised spod price, release to wider market, could be fireworks Equally quiet on the bid front, wonder whats happening there ?
A well worded reply Chisle. FWIW everyone on here is pretty sensible atm, and I think we're all more or less on the same page It is indeed gloomy out there, my house is on the market and this very day I've proposed a second price reduction. Everything is coming 'off', fast. Sorry to sound downbeat but I say how I see it
It is strange. Piedmont worry me a bit tbh. Where are they with permitting in their US operation ? Last time I checked they didn't have them, but have signed with Tesla ? Cart before horse, ? Seems to be an elephant in room there, or am I out of date and its sorted?
Chisle, I hear you but the PFS is a mere subset of macros. People won't be buying big ticket EVs if we go into recession. Of course we await the news, but I have to say economic outlook is becoming really concerning
I've got them sitting in my HL I do not believe there is a publically stated timescale I believe theres a Telegram group for Ricca, I'm not in it, you might get some wisdom from there, but as I say I think it would be opinion rather than a concrete date.
I'm left wondering if PLL need us more than we need them atm Just a little surprised on their permit position ref their US interests. I'm lightly researched there, they're shrewd, and one would assume they're 'on it'.
Whilst that sounds positive, I just hope we're not being manipulated lower for an ulterior motive i.e low bid In fairness the whole market is poor at the mo including some of our peers, notwithstanding, with so much due here why are we down so far today. Whats at play, who knows
So prospective here atm Personally I'm lost on anyone selling unless distressed. Hard to trade it, and surely one couldn't bank on getting in lower? No matter, people sell for their own reasons and all that; though even if ur taking profit today, surely to goodness you can see an even bigger one looming ? I'm intrigued how the bids are being assessed
https://www.ft.com/content/dd6f2dd0-1dad-4747-8ca4-cb63b026a757 Unclear if you'll be able to open link. Interesting article. PLL are experiencing resistance to their American operation in the form of permitting and local opposition. I totally wish PLL well, they are a key partner; however, I can also see that Ewoyaa is increasingly critical for them. They're already had to advise Tesla of a delay once. I also think that Tesla might be getting uncomfortable. To Li watchers it only represents one more symptom of the impending crunch, which ain't goin away, and imo will worsen before getting better (in a decades time)