ORE another lithium play

[drillfix]

Nicely timed there Josh.

Looks like that announcement completely turned the Hourly chart upwards, so no doubt the market is keen.

[Joshuatree]

I thought so drillfix but it has dropped away again ;seems uncertainty over sovereign risk is jamming the s/p down. Feasibility study still to come, must be iminent and am hoping(hope springs, expecting a rerate on such a high quality project.

[Joshuatree]

Fab feasibility study arrived and only question mark i can see is (apart from sovereign risk not sorted) when Toyota stump up funds, with ORE allowing 9 months for this. Great margins on Olarez alone; this will deflate all hard rock mining co's imo. Read the announcement folks.

[stevo1]

Fab feasibility study arrived and only question mark i can see is (apart from sovereign risk not sorted) when Toyota stump up funds, with ORE allowing 9 months for this. Great margins on Olarez alone; this will deflate all hard rock mining co's imo. Read the announcement folks.

Hi Josh certainly looks very positive into the future not withstanding the risks you point out.Having Toyota on board is a massive positive.Brine based Li (potash)production has always looked superior to spodumene.May be some time till sp is back to highs the sharemarket in general looks a bit anaemic ATM .

[Joshuatree]

Update out and ORE steadily ticking boxes .Toyota are happy, negs continuing. Holding and accumulating for the longterm.cheers

[Joshuatree]

Trading halt re Jujay? province agreement. Is this the large major hurdle leading to toyota stumping up the cash and development? Hope like hell it is. Lithium prices been rising on av 10% year for last ten years and going up 20% plus on 1st july to re $6-7000 tonne.

[Joshuatree]

Look like toyota deal is about to be announced. S/P has run up in expectation; its looking good

[Joshuatree]

Its Official folks."ToyotaTsusho investment decision to acquire 25% stake in Olaroz lithium,potash project.TTC also advised that 70% of the project finance will be provided byMizuho Corporate bank. Additionaly the expected rate of production is 17500 tonnes of lithium carbonate per an an increase from 16,400 tpa." Congrats to anyone else whos onboard. YEEHAA!

[stevo1]

Its Official folks."ToyotaTsusho investment decision to acquire 25% stake in Olaroz lithium,potash project.TTC also advised that 70% of the project finance will be provided byMizuho Corporate bank. Additionaly the expected rate of production is 17500 tonnes of lithium carbonate per an an increase from 16,400 tpa." Congrats to anyone else whos onboard. YEEHAA!

Pretty flacid market response to ann but i am still holding into the future and expect bigger and better things once producing

[Joshuatree]

Hi steve yes not a huge vol and could be some profit taking.Im thinking more serious int will come when the actual $ amounts Toyota tsusho pays for its 25% share is released. Def great story ahead of us now and im thinking we will reach and surpass the lofty s/p heights of the past in future.