https://www.youtube.com/watch?v=QWhetWyJm9I
TAW strong BUY from this analyst on SkyBus news
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https://www.youtube.com/watch?v=QWhetWyJm9I
TAW strong BUY from this analyst on SkyBus news
For those with an eye on the future direction of the Lithium/battery boom, while NMT has gone from 30c - and touched 50c recently, this coming quarter should contain at least 1 major update to the market on their various downstream projects.
https://stocknessmonster.com/news/nmt.asx/
Key point - They have secured their own future supply of lithium spodumene for their higher margin downstream projects.
Nice read for the weekend...
Great story TAW is building such a smart MD ..I would not be surprised to see TAW command 1.50 SP later in the new year
Attachment 9356
Have to agree with you JB, the way the management have got this up and running and the speed at which they have done it is amazing.
Mark Calderwood is worth is weight in 'Lithium'
And there is still so much more drilling to do, Mark mentioned they could be doing it for years so the resource is only going to get bigger
one of the best lithium plays
I know a little bit about chemical companies .LYC,ORE for example .But not too much about spodemene rock deposits though I did look at them some time ago before deciding to go with brine recovery company (ORE).LI20 at .5% cut off grade seems quite low. The tantalum peroxide looks interesting. Inherently in the processing with any chemical product startup there tends to be glitches to get to nameplate.The composition of the base material can make a big difference to costs of processing (mica in the material is bad)
https://www.thebalance.com/lithium-production-2340123
https://www.linkedin.com/pulse/how-w...ichael-langfor
Generally looks ok to me ATS but until everything is up and running who knows.Its good they have guaranteed off take provided they can keep costs down
Ditto on the nkp taw swap
I've made my thoughts pretty clear on this subject in the past. The LCE market is not a market but a cartel run by the few downstream battery grade lithium producers. The market for spodumene is opaque and governed by off-take agreements which are linked to the market price of LCE (a very small market in terms of value and tonnages with no spot or secondary futures markets). As the volume of lithium battery sales increase, their prices will fall and so will the price of the raw LCE product. The downstream cartels will still make money as although the price of batteries will fall, the volume of sales will increase, however the spodumene producers whose contract prices are tied to the price of LCE will have their margins squeezed not only by the falling LCE price but also by competition for new spodumene production coming on stream.
Look who is at the helm of a company like PLS. The same guy who steered one of the flash in the pan iron ore miners during the iron price spike days. I've even noticed he is doing deals with his old company to transport DSO LiO2 ore. What's the grade of this stuff (around 1.5%). You are frigging transporting 98.5% waste to China. Not sustainable and I doubt that it will be profitable over any significant time scale. Just more flash in the pan stuff to keep the news flow going and lithium bubble inflated. The cartels love that us silly Australians have capitalised their industry with our speculative money. In the end it will go the same way as the flash in the pan iron ore companies and WA magnetite mines (ie equity investors burnt once again and the inexperienced will buy the top and hold all the way down like they always do). I remember the $1.80 GBG days. Reminds me of the current period with the lithium stocks, investors investing based on unproven blue sky and greed.
God help those invested in the African lithium plays. Remember the hype around Simandou and companies like SDL. Even the successful African iron ore plays from 2010/2011 are all washed up now. But who am I to talk. There are any number of new "experts" who think making money on a bubble (short term boom) is equivalent to knowing something about commodity markets or investing. It's not investment it is pure speculation not unlike the crypto currencies although lithium has more utility. Esh
Those comments are very educational... understanding behaviour is almost as important as understanding the fundamentals of the company.
Any juniors you guys following at the moment?