Member Info for swest42

IndeedGK, some lo spod numbers in there, 1428 prediction eye-catching as sub our dfs. Surprised not more comment on this.

Many articles abound on the market. It appears to me prices may not be good '25, when we're building, but a deficit looms beyond that, when we're producing. There are many many variables and I admit there seems to be new supply cropping up everywhere. But, its resource. And as we know resource in ground and a functioning mine are stratospherically different things. Not sure the wider public know this.

They've found a load of Li just outside beautiful ancient Rome causing excitement, don't know why, it'll never ever be permitted. Akin to the difference owning a load of illiquid assets like property worth 'x' in owners opinion, vs having cleared readies in a bank account.

I love that guy, the way he talks 'listen to me, I want to tell you something'.

And I don't mean that disrespectfully, he's on top of his brief no mistake.

Clever guy imo.

Very animated, refreshingly different to conventional UK, very engaging.

Happily settle at 35? On that we agree. To think at 60 I thought we were ever northwards. Len spotted it. Gl

Sounds positive

On another tack, the SP is currently 'casually' showing near 10% up, just seems like pot luck presently. Certainly hard to rationalise it, up on next to nothing new, down on good news ... seems to me sentiment or 'punting' trumping good hard data led research

They are out rearticulating the case at this difficult time.

There's no sugar coating a sub 20 sp and I won't try because good it ain't, however in light my first remark, not sure there a lot more they can do.

Bottom drawer was just I was thinking.

Unexciting times.

I remain convinced this will turn, as will the market, I just hope this lithium bull isn't kidding himself.

Signing off for a while, it's half term and I'm boarding a ferry.

Sometimes it helps (me) to focus on something else, wake me please when sentiment returns! ATB

I think the uncomfortable truth atm is we're going to have wait for the market to turn.

Take piedmont, down over 40% last 6 months.

Sentiment needs to change. Don't think our BOD can do much other than stick to the plan. As for adding, it's personal decisions but I see no quick money to be made.

A lot of the serious commentators out there seem to settle on 30k as the 'sweetspot' LT sale price for refined, that satisfies that eternal struggle between incentive to mine/ supply/ refine, and what OEMs and end consumers will stump up.

If, if, that plays out, we're in the money imo with all in produce cost something like 6/700 for spod and sale 3500. Reference 'If u've got the rock'..

Like u, conclusion, I'm in. Are there risks, hell yes, we just had a ML and dropped, unpalatable, but fact. So anyone has to proceed knowing what they get into.

Morning

Just read this as elsewhere till now. Your answer makes sense to me and I agree with what you say, so my question is answered, my points clarified.

To me, that's how a good BB functions well. Thankyou.

Just watched that Ted. When you hear the sincerity on both sides, with a clear desire of shared outcomes, it's hard not to foresee a very positive long term outlook ahead.

To reiterate, as if anyone needs it. Its that 3 % drilled bit that is the big big long term appeal. The sky really could be the limit.

Read Hydroxide or carbonate i.e refined and not able to be exported with GH plant in play

Morning,

Question. If I'm missing something just polite tell me that's fine, then I'm corrected happily so.

Do the ML conditions queer the pitch with PLL. After say 5 years if CAA Livista produce a GH refinery, spod door to PLL Tenessee and others shuts. Vis a vis Ghana green minerals policy. PLL had signed up to LOM 15 years of spod, not hydroxide in carbonate? Problem?

FWIW if you'd have given me 50/1 on a red close on the day of ML release, I wouldn't have taken it.

If nothing else, its a lesson in never assuming anything in this game and staying real / sensible

Better times ahead, ALL can forge on now, sp will catch up eventually. gl

For the uninitiated

in 2017 we had a few rig drill results bags of enthusiasm and little else. Orphaned (not funded, no real proactive funding plans), no PFS / DFS , m license not even on the horizon, not even a 'thing'

It went to 47p. Strange world indeed. Different times.

Morning

Whilst I'm suspending my frank disbelief we are red, in line with comments on here, the value will rise like the cream in coffee, in time.

The NPV is there, it will come out eventually. The derisk event releases this to a wider II base, thats the key I think.

Nonetheless, I do need to sit down :(

I did just always have that inkling of a perverse reaction though, sentiment/ AIM is v poor atm

Sit tight an add when sensible my thoughts.

Sentiment often trumps 'real value' (wrongly imo). Its tough. It will change. gl

Absolutely :))

No worries mate, pesky day job kept me elsewhere today of all days.

Great result. Great things ahead, on and up. Well done all.

FWIW I still happen to believe it will land this week, given comments predominately from NH

What I just don't know is that sp reaction. To me it should rerate with the very significant derisk event, but it may need to wait for institutions to come in. Joker in pack is free carry.

Jury out.

We're on the cusp of transformative news, and sp tepid. Can't really odds it tbh

I'd have though some traders would wade in now for a punt;

as others pointed out, spread possibly deters

Have to admit I did envisage it this very morning

No your alright n2s , no panic button. Just observing. Crikey I wouldn't be selling at this stage.

We'll get there, as you rightly say, it will come soon enough. Gl