Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Some predicting 800 / t next year then a recovery.
That's getting near the knuckle, many will be well out the game at that level. Frankly we'll only be just in it. Pretty startling falls, if it happens. As ever, jury out, theres competing narratives and data.
A pound is my personal minimum to consider, and rightly or wrongly I'm actually not that comfortable even taking that, if it ever got offered
Many would say thats high considering we're heading for a possible spod environment of $1,250/ton.
But, we can thrive at that, many many producers sink without trace at 1250. Its the cost base thats makes it here.
I think its probably a good thing we're building not producing next year.
Along with fundamentals quoted by Mike, I think its a positive to be able function at 1200 per ton, as many will and cannot do that.
Med long term price outlook imo 1200 - 3000. So it appears we're good here.
Saw that and agree
Very fragmented picture atm - many positives narratives vs with the 'Li glut' narrative, its hard to decipher.
the Li price plunge has been dramatic, I don't think one can disagree
Again, out lo cost base and Feldspar etc etc should see us through .. but 1400 per ton spod being muted takes us below DFS .. probably good we're building for the next year. Little response on her to this, its an interesting area of debate I feel ..
Yeah I know .. saw that - no edit facility :(
things perking just a little of late and sw feeling a bit more positive again long may it continue ... we should all stay grounded though imo, been through the ringer with this one a bit and I expect volatility will continue,
still - never boring !
ATB
Nothing is a no brinier, its mining, its AIM, there will be bumps, and everyone should stay within their limits
However.
This boat is 100% turning its bow in the right direction. and that bow is pointing towards Atlantic Ocean, quiet possibly at Tennessee in particular. And various potential suiters can see it, ML issued, clouds are parting fast.
Good Luck All. However, I feel we're in the process of making our luck here bit by bit.
Guys, things are hotting up, too much to go into just DYOR bit cryptic I know and my day job keeping me elsewhere.
Gina and ALB just tried to steal Liontown for $3, they produce in 2024. Assore just tried with ALL they produce 2025.
Neil et all, if you are reading , please please cling on, it's kicking off. Quid min, or as one of our alumini says, non negotiable 1.33.
We are so close but we have a target on our back, good luck.
2488. splendid, and realistic. More like it. Assore know full well we'll be shifting spod at that. And then our numbers are super. They tried it at 33, twice. Get the feldspar factored in, production costs are super low.
To reiterate, my own personal view is China spot being widely published is a convenient scaremongering tool to suit vested interest narratives, i.e entities looking to acquire good prospects on the cheap. 'Lithium has gone to hell in a hand cart'.Nice try, but it hasn't
I am aware I post some positive and negative from time to time. But its based on what I see and hear.
this is one is positive, if not very technical
If we can hold this recent rise (kiss of death I know now I said it), imagine a ship turning slowly, its all going the right way. That Li price, which I'm beginning not to believe (flat earther), will turn. Inflation is falling domestically
Its all turning our way, production staff literally being recruited. Just hold on. Wait for the Tesla2 and numerous other little milestones. Greatness is within our sights if we are calm and focused, trouble is, we're in the cross hares, we are a target from hereon in regards T/O.
Thank the Lord we didn't let it go at 33.
2026 renault twingo sub 17k
small slew of oem releases upcoming led by the tesla 2, they're battling big time now for what used to be termed 'mondeo man' i.e that crucial wider, extremely lucrative, demographic, the *****essential 'mass market'
byd are on it already with the seagull
that next wave of li consumption. its been all about upper end to date - your merc eqs at 80k, taycans, and that will continue, but is not the biggest prize by far. bodes well. gl
33. Nah. Too cheap. Bottom line. Suppose u can't knock them for trying, but its not enough. I reckon they know that.
In other news, I'm starting to not believe this spot price chart. It's getting stupid. How are the battery manufacturers functioning. I'm seeking corroboration from multiple sources.
HZM. Some very good guys there got burned. My 2 big positions were ALL and HZM.
I made a call iñ favour of ALL about 2yrs ago.
If my earlier post seemed negative, look at HZM. I am very wary of AIM. I missed a bullet, for now.
Being completely honest N2S, I feel conflicted here sometimes, but I think that is understandable. So many positives, yet we are at 20p with some inflated pay packets looming.
So many 'contrarieties' with Lithium, the current price fall is nothing short of dramatic, yet we're told about the unbounding demand, research indicates that, but its fallen off a cliff on spot..wtf is happening ? China I know I know, but such a drop, ?
Bottom line. I'm in and staying. I'd like to be objective without being too negative, if I could term it thus. a narrow path to tread sometimes, gl
As a LTH nice to hear you feel that way.
As ever, opinion: The situation here is not as black and white as perhaps it once was; unfortunately, remuneration sits heavy for some of us vis a vis NH et al.
AIM is not straightforward, there's plenty cash flowing out. We haven't built anything yet. We haven't sold anything yet. Take care with the 'unrequited' praise, nice though it is to hear, thats all.
As ever my personal opinion here
imo the biggest issue we're facing, along with the sector, is that dramatic fall in price, Spod and refined.
However, as inventories fall, and note EV demand is still rising, rate of increase may have fallen, but still rising
then there will be a significant, pronounced rebound in price soon. simple supply demand
The material is needed, in large quantities by OEMS. When the price is this low then high opex producers of refined anyway, simply switch off the taps. So the current status quo cannot prevail; not because I'm a Li bull / investor, just data led. Lo opex operators will prevail, and in fact 'ascend' in importance.