Member Info for swest42

Whilst I wish PLL well, I'm just not sure the market is getting the full storey regards push back they're getting stateside regards permitting and regulatory issues (objections)
I don't think they're where they need to be, just opinion and this is not a PLL BB so I'll leave it there
2-4 yrs i.e near/med term, I think we're more important to PLL than many might imagine.

if we can get the resource up, get a 'solid' spod price in the pfs, then asx it, then pfs it (big 'reveal' to the market)
then I think we'll be in v good place?
all to play for ..

contract is 5k ?
I didn't think contract was that high, I'll look into that
5k is the highest I've heard, that was spot not that long back
massive implications for pfs

Not sure 'fond' comes into it. We're all just trying to make a few quid. I don't know about Prem, unresearched, but if it's making ££ for you, well done and stick with it. ATB

Someone was quoting 5000 contract rate today, maybe saying where they think its headed I'm not sure the context
Not saying I believe that, but if it is heads anywhere near that our numbers are phenomenal
Dare to dream, feet on floor, head down keep drilling ..

thanks for coming back on both counts, I like to see that wider picture / research
One point about those auctions, I dunno, bit 'gimmicky' ?, sorry to upset anyone who thinks they're good, just my thoughts. Just seems each time they happen somebody seems teed up ready to pay a bit more, 7500 next month then.... Cynical sw42. Sorry. :)

SP getting smashed. Whats going on over there ?
I wouldn't mind following news, they are our key our partner after all
If anyone knows a BB do let me know
Strange goings on at LKE I see and to a lesser extend CORE, off topic yet also relevent, all in 'the Li space'. We're looking good but I confess I get a little concerned with other events. One has to keep 'ear to ground'

I'd say you more or less nail it there, just add time ..
hard to live with at sp down here, not for the first time I'm bemused by it

Get yourselves into this one, do the big read when you can, its comprehensive, theres some very significant pointers in there :
'high-grade lithium intersections in a new target area outside of the Resource footprint'

despite wider market issues, we remain resolute on the path to the pfs and beyond.
have to keep the noise out and and focus on each task in hand
sp frustrates, but doesn't change what in the ground and associated demand
fundamentals. just keep going

whatever way you look at it, Ewoyaa is 'rising to the top' while others drop back
if it were a 400mill capex 3 yr build or something I wouldn't be saying that, its lo capex, quick return on initial investment, should be less permit issues, its Africa not 'Surrey' (bit blunt but true).
And, lets be honest, with 560km to go at, its gonna do 50mT in time, surely?
Its a 'nimble'/ lean cracking project. We just have to wait, painful though the SP is again.

thanks for coming back and it has provided some reassurance to me
theres also those bids floating around in the background, I do wonder from time to time whats happening in that quarter? Surely some news must be due about that ?

Straight and uncomfortable question. is our funding now in question?

I'm on record on here some time back querying the exact true position regards PLL and regulatory approvals / permits
The Tesla tie up looked a bit 'previous' to me. Theres opposition over there from locals
Theres a lot of 'chess' going on, but we are a near term hi grade new producer (rare), and in mining terms v lo capex, striaghtforward enough build. I think our strategic importance is rising all the time. Tesla may 'leapfrog' PLL is they choose ?
SP is hard to watch, admit that

Absolutely. We are vulnerable down here to opportunistic approaches, be it lower bids, discounted finance. It needs a 5 again, much more robust. 'They' can come when it's in the 50s.

upsizing the resource is a given
The real money is on where it ends up

Encouraging to hear thx for comment.
Now be a good entry to put it mildly :)

'hello, we can now see that you're about to make some money, we want some of that money, you need a raise even though you don't'
not really investing is it ?
Sorry if I appear negative, overall still be good here

I think we would all agree the quicker they say 'what they want' the better
Uncertainty helps no one, frankly we could do without this, but they're here now
They're calling it their 'investment', not sure its feeling like that atm
we'll see soon enough

If I were to offer some good natured cynicism. Good natured because I believe ultimately we should give back something to the home country, and it looks like the collection wagon has arrived ..
Few comments :
1. they've turned up relatively shortly before the mining license is needed
2. if they want to 'invest' then I recommend HL, just log in they're 40 pence each.
3. I didn't see them around when we couldn't get any funds. We've got new mates suddenly
4. we don't require funds we're funded to production
Or am am I being too cynical ? Happily to be constructively corrected