Member Info for TrickyDicky2

"One of our lithium market leading indicators is spot lithium. Its charts reveal a potential double bottom formation, both in the short term and on a broader scale, at the 68.2% retracement level of a significant rally. What does this mean for investors? We believe it signifies a major secular buy opportunity in the making."

TDT

https://investinghaven.com/lithium-investing/lithium-double-bottom-major-secular-buy-opportunity/

"Normally it might be expected that M&A action would be parked up while lithium prices bottom out from their fall from the extraordinarily high levels witnessed last year. But clearly the belief is that the supply challenge, one that Rio Tinto suggests means 85% of expected supply growth from 2023-2050 will have to be met by new mines, has not gone away. And the current lithium price weakness could be swept away soon anyway as the weaker prices are beginning to knock out higher-cost Chinese supply, opening up a widening supply gap. It is a theme that Macquarie picked up on during the week with a market intelligence report suggesting that the weaker prices could accelerate the lithium market’s rebalancing."

TDT

https://www.livewiremarkets.com/wires/macquarie-suggests-lithium-price-upturn-could-be-imminent-as-m-a-frenzy-continues

Https://www.carscoops.com/2023/06/volvo-vows-to-go-all-electric-not-sell-another-ice-vehicle-after-2030/#:~:text=Volvo%20previously%20made%20a%20similar,chief%20commercial%20officer%2C%20told%20Autonews.

TDT

Https://cleantechnica.com/2023/09/28/nissan-no-new-ice-cars-for-europe-all-ev-by-2030/

TDT

Https://www.circularise.com/blogs/eu-battery-passport-regulation-requirements

TDT

These are employee share options not warrants. They might have been forward sold but not necessarily.

I still think the softening share price has more to do with external factors than anything else. We shall se soon enough.

TDT

"I suspect short term investors are getting bored!"

Possibly but I think a lot of people are looking at the recent drop in the price of lithium, news of various car companies suspending production of EVs and the seemingly endless number of supposedly "largest in the world" new lithium deposits being reported as reason to take a bit off the table. It's nothing more than the usual ups and downs you get from time to time.

TDT

Looks like yesterday's flurry of buys at the close was just that, a flurry of buys.

TDT

It's all about EVs at the moment but that's due to change..

"EVs account for 95% of global lithium-ion battery demand in 2023. Utility storage accounted for just 5% but is growing fast."

TDT

https://www.arcweb.com/blog/wild-ride-lithium-batteries

.....flurry of buys, just under £40,000, before the close. I wonder what that's all about?

TDT

"I probably unkindly call RRR's portfolio Steptoe's yard....."

I'd expect Steptoe's yard will be deeply offend by this comparison.

TDT

Sasa43

I take a lot of comfort from the tin revenues. I think that's what marks Andrada out from the rest of the pack and the one thing that will pull them through any potential down turn/softening in the market. A potential strategic partner will recognise that as well.

TDT

Interesting take on current price weakness.

https://www.fastmarkets.com/insights/golden-september-silver-october-2023-unlikely-for-chinas-lithium-market

TDT

Balvenie is well worth a visit. 12 year old Balvenie in particular.

TDT

.....a matter of time.

TDT

https://cleantechnica.com/2023/09/21/the-ev-revolution-in-5-charts/

https://cleantechnica.com/2023/09/22/electric-vehicle-sales-in-us-hit-the-accelerator-pedal/

https://cleantechnica.com/2023/09/22/us-electric-car-sales-up-147-since-2021/

......for a minute he's involved here but I thought this sentence struck a chord.

"Following rumours of an Elon Musk-led takeover in February, the company is now mulling over “multiple strategic proposals” from global industry leaders in the energy, auto, batteries and lithium refining industries."

That's precisely what I'd expect AV and Andrada will be doing right now "........mulling over “multiple strategic proposals” from global industry leaders......"

TDT

https://stockhead.com.au/resources/eye-on-lithium-a-sniff-of-sigma-like-success-has-asx-hard-rock-explorers-moving-to-brazil/?utm_source=feedotter&utm_medium=email&utm_campaign=FO-09-22-2023&utm_content=httpsstockheadcomauresourceseyeonlithiumasniffofsigmalikesuccesshasasxhardrockexplorersmovingtobrazil&utm_medium=email&utm_campaign=Closing%20Bell%20Friday%2022%20Septemer%202023&utm_content=Closing%20Bell%20Friday%2022%20Septemer%202023+CID_752cc514fb2c6047a2840c0c483de7df&utm_source=Campaign%20Monitor&utm_term=Eye%20on%20Lithium%20A%20sniff%20of%20Sigma-like%20success%20has%20ASX%20hard%20rock%20explorers%20moving%20to%20Brazil

And over the longer term, a new battery law issued in July by the EU under its Green Deal could pose another major obstacle. The EU Battery Regulation will restrict batteries produced through high-emission processes from entering the bloc. It will implement a so-called battery passport in 2026, which requires an independently-verified disclosure of the entire lifecycle of a battery and its carbon footprint, before setting a carbon intensity benchmark in 2028.

Nick Merritt, Singapore-based partner and co-head of sustainability at global law firm Norton Rose Fulbright said that spells bad news for Indonesia, noting the country's high dependence on coal, including to provide electricity to power-hungry nickel smelters that produce battery materials.

"The European Union knows that these targets are causing headaches in China and Indonesia from a compliance perspective and it is the price of entering their market," Merritt told Nikkei. "The regulation... could potentially close out one of the major markets in the world to Indonesian nickel down the road. And the expectation is that where the European Union goes, others will typically follow."

https://asia.nikkei.com/Spotlight/Supply-Chain/Indonesia-EV-battery-dream-hits-lithium-U.S.-inflation-act-walls

Horizonte is perfectly placed to capitalise on this.

TDT

A must read for anybody sitting on the sidelines contemplating investing here because of Red Rock's lithium Tin Hill project in Zimbabwe.

TDT

https://www.occrp.org/en/investigations/just-rock-moti-group-suspected-zimbabwe-concessions-held-no-lithium-before-announcing-1b-battery-factory

"....plus feel further finance may be needed"

What's that feeling based on? Is it a feeling in your waters or a rumbling tummy? If so its probably just rapped gas.

TDT

A slap up meal and a few beers and you can get a journalist to write anything. All down on Red Rock expenses as well.

TDT