Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
“Please copy and paste then vote and post to bb…
Gazza........ 0.45
Hasiba…..0.6p
TT1981…. 0.49
BillyBobb99…1p (If we are in production) if not then 0.25
Generator……1.1p
ACKER…..0.32p
Redandy……0.42p
Snowking…….0.58p
Clueless……0.48p
Ralladw…..0.70p
Shinyshiny...0.28
Metalbasher….0.55
Martinigirl…..0.24 - walter mitty moanygirl 😂😂
Elliselblow.....0.57 with production :) without 0.2 :(
Doublingup ... 0.65p with production . without 0.15p
Taeshock.........following RNS ...0.54p
Zangman....0.35p
CATL talks about a 50% reduction in the cost/kwh for their Lithium based batteries. This doesn't go into the root causes for the drop. Hope it's not pushing spod prices further down
https://thedriven.io/2024/01/25/worlds-largest-ev-battery-maker-set-to-cut-costs-in-half-by-mid-2024/
Forgot how long I have been invested in Prem. must be 7+ years. Loads of shennanigans but I agree with Acker and believ '24 will be a significant re-rate. Topped up a few more this morning. There was nothing of interest in the last RNS so the reaction was way overdone unless you're a short term trader and were somehow hoping there was a bounce incoming. Knowing GR I won'thold my breath for something super positive this year...
Stating the obvious
https://www.bnnbloomberg.ca/video/watch-out-mckinsey-says-mineral-shortages-are-coming-this-decade~2734803?cid=other--soc--bam-ip-----&sid=soc-POST_ID&linkId=227283960
I am hoping/guessing PREM to hold any cash in US$ to have less exposure to FX volatility. Zim Currency going down vs US$ should be beneficial as local costs will come down in US$ terms while end-product prices are US$ denominated so in essence the company can make more money.
@watcher36 - what's with the conspiracy theories... Lumping the net zero activists with social credit dystopia is quite a stretch but I guess if you can somehow apply the "woke" label it can all be justified and explained. Most ridiculous comment I have read on here in a while.....
Hoping for further steady progress in Q1 and then onwards and upwards! Fingers crossed - thanks for all the insights over the past 6+ years :-)
Had the same thoughts this morning. No direct exposure through FTX but I guess I won't look at my crypto wallet for a long time now....
Real world assets with clear demand tied to the physical economy. Rugs can still be pulled but it's definitely harder to do...
Not for personal mobility really. They understand the scarcity and the challenges on efficiency for green H2 or biofuels. Battery electric vehicles make a lot more sense than H2 vehicles due to the energy efficiency and green H2 as a molecule is too precious to waste it on passenger carts vs heavy duty trucks and as a heat source for industrial processes.
Low carbon fuels, i.e. biofuels would also be scarce and should find their way ideally more in sustainable aviation fuel or in the agricultural sector where it's difficult to build the infrastructure to move to hydrogen or other technologies in the medium term.
Lastly they realize that all the major automakers bar Toyota are largely focusing and investing in BEV and they are not willing right now nor do they have the cash to run a multi technology strategy. BEV is the future for the next 30 years and that means lithium!
I just hope Prem either offloads the whole thing to someone who can execute or they get their Sh*t together soon and move forward.
I tend to disagree with the big oil statement. I work for one of the big 5 oil - now actually energy - companies. They are the biggest investors in EV infrastructure and new technologies like hydrogen for hard to abate sectors, CCUS, biofuels, etc. They have long recognised the need for change to stay relevant. We actively lobby for regulatory certain and support regulation to ban ICE vehicles by 2025/30/35. I expect some oil companies to become extractors of lithium or other materials. These companies are not stupid and by now everyone understands the transformational change to our energy system required to meet the targets of COP26. They play an important role in driving up the infrastructure and want to retain customers for the future so they play an important role in the ecosystem and still generate lots of cash to invest.
Given the range of available insight from the company what else is there to post? Lots of ramping and de-ramping on the board and links to useless Twitter...
I read and appreciate the info and views from some of the people posting here. I'd love for this to finally hit 1p or higher but I have lost a lot of faith over the years and echo people's sentiment on the BOD and George. Have added and sold a few times during the 6 years and am sitting at an average of .14 so happy it seems to stay at .2 for now and hope we get a nice bounce again soon. I just think it will take much longer than anticipated to move up again afterwards.... DYOR and best of luck all.
I agree with getting out after the next bounce. I don't remember when I first got into Prem but it must be 6+ years. The opportunity cost of investors given the slow pace and lack of transparency is just too high. Better to put your money elsewhere and let it work for you... Hoping for a big bounce when the next RNS lands to move on...