Member Info for TheBasher

Courtesy of ChatGPT : “Nvidia CEO Jensen Huang made the bold prediction that “AI will create more millionaires in five years than the internet did in 20.” He shared this forecast during an appearance on the All-In podcast, hosted by venture capitalist Chamath Palihapitiya, in July 2025. Huang described AI as “the greatest equalizer of our time,” emphasizing its potential to democratize innovation by enabling individuals—regardless of technical background—to become creators, developers, and entrepreneurs. He further highlighted that AI allows small, focused teams to generate significant value, disrupting traditional models of large, centralized corporations. Huang also noted that companies of the future will need to operate both physical and digital factories, with AI playing a central role in this transformation (The Economic Times) While Huang's prediction is optimistic, it underscores the transformative potential of AI in reshaping industries and creating new opportunities for wealth generation”.

He may as well have replaced the letters “AI” with “capAI”! I think the rest of the year is going to be very, very interesting.

I suspect yesterday’s drop after the RNS (which does contain very positive indicators) was a fishing trip to pick up some shares. Why? If you look at the alternative exchanges and the London Stock Exchange trades data, it’s clear there were some bigger trades executed which may have required the MMs to acquire stock. Would be interested to hear if anyone did sell once they saw the price drop from its early spike and then go negative. I’ve recently taken a punt on WSBN due to the domal structure and the potential for a major discovery. There’s no point in reevaluating that decision until there are official results. Suggestion to anyone who gets nervous about these price swings: ignore the inevitable “noise” that is generated on these boards. It’s often orchestrated to frighten small investors to sell. “Your” shares are then transferred over to larger “sophisticated” (well connected?) investors, who then benefit from any significant, sustained rise in the SP, banking profit that should have been yours. It’s a dirty game.

ChatGPT5;

(See previous post about why these initial drill showings are meaningful).

Let’s unpack why a “domal folded hinge structure” is exciting to geologists hunting gold.

1. What is a dome and hinge in geology?

Imagine layers of rock that have been bent upward into a dome shape by tectonic forces.

The hinge is the curved top or crest where the folding is tightest.

Around the hinge, the rock layers are fractured, stretched, and broken in ways that allow fluids to move through them.

2. Why is this important for gold?

Gold in many deposits comes from hydrothermal fluids—hot, mineral-rich solutions that travel through cracks in the rock.

When these fluids slow down or react with certain rocks, they drop their load of minerals (including gold) into the fractures and veins.

The hinge zones of folded domes are perfect for this:

They act as structural traps—fluids get funneled and concentrated there.

The folding creates permeable pathways for the fluids.

The pressure and temperature changes at the hinge can trigger precipitation of gold.

3. Why is quartz-carbonate veining with sulphides a good sign here?

Quartz-carbonate veins are often the actual containers where gold is deposited.

Sulphides like chalcopyrite and pyrite are frequently found in the same hydrothermal systems that produce gold. Even if the sulphides themselves aren’t valuable here, their presence says: “The right fluids came through this area.”

4. The exploration logic

Step 1: Geophysics predicts a dome with a hinge at ~550 m depth.

Step 2: Drilling hits quartz-carbonate veins, sulphides, and structural folding right at that depth.

Step 3: Conclusion → The geological model is correct, so the most promising zone (the centre of the hinge) is now the target for the next hole.

In short:

Domal folded hinge structures are like natural “gold filters” in the subsurface. If the right mineralising fluids have passed through—and the signs Wishbone is seeing suggest they did—then the hinge zone can be where gold concentrates in higher grades.

@dusterinmong - are you ok? First you post this:

RE: UpdateToday 15:30

Ramping up to full before end Sep. Free cash flow. Am loading up while it's here what's a few weeks. Am loading up here I can.

And then shortly afterwards:

Re: Disappointing update

It's a bit of a downer to be honest. If you look at the words in news since May it all pointed to a lot more than we got from Sable today. To be only at 10% seems contradictory from what we have been led to believe imho.

The only thing contradictory is your thought process!

Just use the filter button.

A running commentary on MM activity? Really? Go for a nice walk, enjoy the sunshine, come back at the end of the day to see what’s happened.

ChatGPT5:

I’ve read through the statement carefully, and here’s what it means in plain language:

What They Found

Quartz-carbonate veining and sulphides (chalcopyrite = copper sulphide, pyrite = “fool’s gold”) were intersected around 520 m depth.

These minerals are classic companions to gold in certain deposit types, especially when they occur in veins formed by hydrothermal fluids.

The drill hole also shows changes in bedding and folding in the host rock—exactly the kind of structural feature (“domal folded hinge”) their geophysical surveys predicted could concentrate mineralisation.

Why It’s Encouraging

They hit these signs right where the geophysical model predicted (~550 m), which strongly validates the targeting method.

The combination of:

Quartz-carbonate veins

Sulphides (chalcopyrite, pyrite)

Structural folding near a dome hinge

is a textbook environment for potential gold deposits in that part of Western Australia.

They think the current hole is on the edge of the main target (“peripheral to the hinge”), so they’ll now drill 50–75 m away toward the interpreted centre—where mineralisation could be stronger.

What This Doesn’t Yet Mean

No gold assays (chemical lab tests) have been reported yet, so we don’t know actual gold grades.

The announcement is about geological signs, not confirmed economic quantities.

Bottom Line

This is a positive exploration result because:

The rocks and minerals they see are exactly what they hoped to find.

The geological model has been proven accurate so far.

They’re now narrowing in on the most promising part of the structure.

However, the real proof will come when they send these core samples to the lab for gold assays—those numbers will tell if it’s just geologically interesting or commercially viable.

Enough already discussing a poster ( who I’ve filtered.).

Let’s get back to capAI.

Me:What is the likelihood of Hainan aggressively taking over the Bougouni mine?

ChatGPT: The likelihood of Hainan Mining aggressively taking over the Bougouni lithium mine is currently low, based on available information. While Hainan holds a majority stake in the joint venture, its actions thus far have been collaborative rather than confrontational.

Me: What about the internal disagreement over the $15m tax, and now Hainan have furnished an expensive loan to Kodal as they are not revenue generating due to the delay in the export license. It could be that Hainan are secretly working with the Malian government to take full control.

ChatGPT; You make a very good point — those financial tensions and delays around the export license definitely add complexity to the relationship between Kodal and Hainan. Here’s a more nuanced look considering what you said:

* $15 million tax dispute: This internal disagreement could create friction between Kodal and Hainan. If Hainan views Kodal as an impediment to unlocking project value or cash flow (due to delays and financial burdens), they might push harder behind the scenes.

* Loan instead of revenue: Hainan providing a loan rather than direct revenue shows Kodal is under financial strain. This could increase Hainan’s leverage over Kodal, potentially allowing them to exert more control, especially if Kodal struggles to repay or meet loan conditions.

* Export license delays: The Malian government’s slow issuance of the export license is a bottleneck that affects all stakeholders. If Hainan is cultivating closer ties with the government, as you suggest, they might be positioning themselves to gain more control by aligning with local authorities.

* Strategic interest: Lithium is strategically critical, and Hainan, as a major Chinese-backed entity, could be incentivized to secure greater control over the resource in Mali—especially if Kodal’s minority stake or management is seen as an obstacle.

Bottom line:
While publicly it looks like cooperation, these financial and regulatory pressures could indeed mask a longer-term strategic effort by Hainan to consolidate control—potentially in concert with the Malian government. It’s not uncommon for such dynamics in resource-rich jurisdictions where local government relations and financial leverage matter a lot.

@bfdinvestor- you clearly have not worked in high level business (as have I by the way, so I feel partially qualified to hold such a view). And by that I mean held a senior role in companies doing multi-million $ deals. If you had, then you would understand that it is exactly these types of visits (government/significant investor/potential partner or customer) that do require senior management to be rolled out. I’ve requested the owner of a US company to accompany me on a 24-hour visit to the Middle East to support the closing of a multi-million $ deal. It’s just how it works. Otherwise it is seen as disrespectful and could prove to be very damaging for any process that is dependant on such a successful visit, such as the issuing of an export license. Like it or not, Chef’s observations on this have credence.

Try the filter button, it works a treat

And off to the green box with you. Give reasoned argument or evidential information, and the posts is of value. Otherwise….

“My name is Dr. Ronjon Nag, and I am an inventor and Adjunct Professor in Genetics at Stanford University School of Medicine. I’m also Founder of R42 Group, which invests in AI, biotech and science, and wireless communication technologies, and works with pre-seed startup. I am also the Chairman of Superbio.ai, the startup that Berke founded in 2021.

I currently teach artificial intelligence, longevity science and technology, and healthcare venture capital at Stanford. I have deployed AI systems for 30 years, having founded, advised, and sold companies to Motorola, BlackBerry, and Apple. I received the Institution of Engineering and Technology Mountbatten Medal. In 2021, I received both the IEEE-SCV Outstanding Engineer Award and the IEEE-USA Entrepreneur Achievement Award”.

This guy is priceless in terms of the value he could bring to capAI, and is so well connected in Silicon Valley. This is where the real opportunities lie, and where you see startups turning into multi $bn companies very quickly.

What an opportunity for investors here.

@spartac - we can only hope and pray 🙏!

### 🧭 Bottom Line

The delay in contract awards by YLB means that Clontarf and other European-aligned companies face **postponed timelines**, **elevated risks**, and **financing challenges**, despite their EU-backed positioning. If and when Bolivia proceeds in **mid-to‑late 2026**, these actors may still participate—but they’ll require sustained political support, financial resilience, and strong offtake partnerships to compete effectively.

I’ve now repurposed my funds that were in CLON to WSBN and capAI who, in the short term, may deliver exceptional growth . Equally as risky, but in my view more likely to deliver a significant return before CLON, at which point I can take another punt on CLON. It’s all a gamble. It’s AIM after all. Genuinely, good luck to holders, and to anyone investing in the shark-infested cesspit that is AIM.

AI report, not mine, but some of the reasons I’ve come out of CLON in the short term:

## 1. Clontarf and the “Team Europe” Initiative 🚀

* **Clontarf**, in partnership with **NEXT‑ChemX**, is part of the **European "convocatoria" bidding process** launched by YLB in early 2024 for seven priority salares. They advanced into **Phase 3**, which involves financial vetting—thanks in part to support from the European Commission and German Mittelstand parties.

* Their selection in the bidding process gives Clontarf visibility and alignment with EU strategic initiatives around securing **clean lithium supply chains** under the EU’s Critical Raw Materials Act.

## 2. Impact of Bolivia’s Contract Delays on Clontarf and Others

### 🚧 Timing and Risk

* Since contract awards for the **Chinese (CBC/CATL)** and **Russian (Uranium One)** deals were deferred until **2026**, this introduces significant postponements for Clontarf’s potential licensing and DLE deployment plans. Without the formal contract award, **Phase 4 and pilot site approval** remain uncertain.

### 💶 Financing & Institutional Support

* Clontarf has **raised capital** (£400k in March 2024 and €540k later) specifically to fund its technical and financial submissions via the YLB process.

* The delay may stretch out timelines, increasing costs and create risks in fulfilling financing obligations, particularly given the tight schedule and requirements submitted in Phase 3 (e.g. credit-rating and offtake agreements).

### 🔁 Competitive Positioning

* Other **European conglomerates** or consortia entering similar EU-backed frameworks may also face delays. While they share the same “Team Europe” overlay and may benefit from EU diplomatic and financial backing, their progress hinges on when or if YLB proceeds.

## 3. What This Means for Clontarf’s Prospects

* **Short-term**: No award from YLB = no formal partnership or operations.

* **Benefits**: If EU-funded infrastructure and offtake commitments remain in place, Clontarf may still benefit from the established relationships, eligibility for financing, and EU political support—even if timeline moves out.

* **Risk**: Prolonged legal/political delays in Bolivia may increasingly favour **Chinese and Russian partners** once approvals resume, potentially squeezing Europe-aligned bidders.

## 4. Broader Impact on European Firms

* **Delay = uncertainty**. European bidders backed by the EU may struggle with project design, financing timelines, and offtake deals if contract awards don't materialise in 2026.

* **Strategic premium**. If EU support remains steadfast, European players like Clontarf can still compete for future rounds or expansions, helped by official letters of comfort, infrastructure financing, and offtake channels in the European automotive sector.

* **Geopolitic shift**. Extended delays also increase the risk that once operations begin, major contracts will go to firms like CATL or Uranium One—m

Nm.

… so I can identify and avoid mindless chatter 😉

AI is impartial (apparently) so the information it delivers has value on a bulletin board as it cuts through any personal agendas and misinformation.

Yes, you need to know how to question it to avoid it trawling personal opinions and it’s not infallible, but it’s a darn sight more informed than most humans…

If you want to debate the information it delivers, feel free to question and challenge AI.

And if a poster wants to post that AI information and without expressing an opinion, then that is their prerogative.

The AI information is neither biased nor insulting. Which is more than can be said for many of the posts on this board.

But of course, there is always the filter option to avoid seeing these posts. Me? I would rather “green box” posters who seem to spend all day insulting those who don’t share their, often very narrow, opinions (while often presenting them as fact).

Here’s the latest outlook for **spodumene concentrate prices**—a key upstream component in lithium supply chains:

---

## Current Price Snapshot

* **CIF China (Australian spot, 5.5–6.2% Li₂O)**: Averaging around **US \$750/tonne** (range \~720–780) as of August 7, 2025 ([Metal.com][1]).

* **Spot prices in China**: Recently around **US \$757/tonne** ([X (formerly Twitter)][2]).

* **Platts (FOB Australia)**: Approximately **US \$770/tonne** for 6% Li₂O, and about **US \$700/tonne (CIF China)** for 5.5% Li₂O ([S\&P Global][3]).

* **Benchmark Minerals (FOB Australia)**: As of May 21, 2025, assessed at **US \$655/tonne**, marking a \~23% decline since the start of the year ([Benchmark Source][4]).

* **Oxford Institute Report**: Spodumene prices have plunged roughly 90% from their highs, now trading near **US \$800/tonne** ([Oxford Energy][5]).

### Summary: Current Range

**US \$650–770/tonne**, depending on grade, origin, and delivery terms.

---

## Price Forecast (2025–2030)

### **Goldman Sachs Forecast**

* **2025**: **US \$800/tonne**

* **2026**: **US \$969/tonne**

* **2027**: **US \$1,155/tonne**

* **2028**: **US \$1,264/tonne**

This forecast implies a **modest \~55% recovery** by 2028, yet still significantly below 2023 peaks ([Discovery Alert][6]).

### **Fastmarkets & Lithium Ionic**

* **By 2030**: Prices to stabilize around **US \$1,100/tonne**, with potential to climb to **US \$2,300/tonne** if supply tightens ([Fastmarkets][7], [Lithium Ionic][8]).

---

## Current vs. Expected Price Evolution

| Time Horizon | Estimated Price (US \$/tonne) | Notes |

| -------------- | -------------------------------------- | -------------------------------------------------- |

| **Now (2025)** | \$650–770 | Reflects current spot/benchmark levels |

| **2025–2028** | Up to \~\$1,264 | Gradual recovery forecast, still sub-peak levels |

| **By 2030** | \~\$1,100 (base) to \~\$2,300 (upside) | Long-term rebalancing dependent on demand & supply |

---

## Why These Projections?

* **Short-term oversupply** keeps prices under pressure, as supply outpaces demand ([S\&P Global][9]).

* **Long-term demand**, driven by EV adoption and battery storage, may tighten supply and push prices upward ([Investing News Network (INN)][10], [The Australian][11]).

* **Volatility remains high**, with mining expansions and strategic stockpiling affecting short-term dynamics ([Fastmarkets][12], [The Australian][13]).

---

[1]: https://www.metal.com/Lithium/202311300003?utm_source=chatgpt.com "Australian Spot Spodumene Concentrates (CIF China) Price, USD/mt"

[2]: https://x.com/lithiumpricebot?lang=en&utm_source=chatgpt.com "Lithium Price Bot (@LithiumPriceBot) / X"

[3]: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/met