RE: Friday 15th November9 Nov 2024 16:23
Banbury, funnily enough I was looking through Helpful's posts and on 15th November last year he did a very funny post:
"Speccy, all the way along it has been: there are no licences, the licences belong to someone else, ALR will never sell anything, ALR will never produce anything, they have no stockpiles, no one will want to deal with them, there is nothing in the licences, they will never export, ALR/RRR has no money and can't do anything, where are the diggers, where are the staff and so on.
Well the only thing left is payment post sale in China. 3% Spodumene is on its way to China. For the idiot trolls, the way it works in China is that the offtaker mays payment, turns up a the warehouse with proof of payment and takes the material.
DYOR"
And to help posters out in future here is page 138 of his profile: https://www.lse.co.uk/profiles/helpful/?page=138