RE: Concerted effort to raise the price.5 Nov 2023 14:11
Flightman says:
"All the hype of the DRG and Dubai trip,Chinese buyers,all adds to what I see as desperation.
Take a few pictures of a heap of rock lol,etc etc,AB talking about export,and RRR having more resources than Prem,you really just cannot make this up. "
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It's funny you should say that because recently i watched the video of the stockbox interviewer go for a tour around the Prem Zulu Lithium project: https://m.youtube.com/watch?v=fCZ_2xvSB2Q
So if the stockbox interviewer did the same and went for a tour around the RRR/ALR Tin hill project it would be just show him a couple of piles of rocks. 😂😂
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Yet here is "Helpful's" post from he 12 Oct: 😂
"Note meeting the Chinese in Dubai is after they have had the meetings in Zim and finalised their plans. Also note he refers to partners and taskforce RRR, sounds like a lot people involved. Could it be that they have partners for each stage?
Could it be that you are wrong about ALR? Why would Chinese buyers want to meet up about ALR if as you say there is nothing there. Presumably the Chinese buyers wouldn't be interested in meeting up to talk about a few thousand tonnes of spodumene. How much supply would ALR have to indicate to get the meeting in Dubai? 1mil tonnes or more? 5mil tonnes or more?"
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Here's "Helpful's" post from the 13 October: 😂
"The big issue for me is what production does ALR have to promise as part of the offtake agreement? The FEQ report from January postulated 5,000 tonnes per month production: I don't see that is sexy enough to have several Chinese buyers meeting ALR in Dubai. So what do they have to promise? 20k TPM or more? A lot more mouths to feed now and so, IMHO, higher production levels are indicated.
The higher production levels need to be supported by efficient mining operations. Getting 20k TPM out of site is a lot more difficult than 5k TPM if nothing else just from the truck movements. Hence the emphasis on efficiency.
“We are with a professional team in Zimbabwe, who have country & logistics experience & the ability to mine efficiently”
DYOR"
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Tin hill is little more than a couple of piles of rocks. Yet the above thinks they will get offtake agreements to supply tens of thousands of tonnes of Lithium each month, even though ALR/RRR have done zero amount of drilling at Tin hill, so they have no idea what's in the ground.
All this to me is pure fantasy. 🥴