If the majority partner 75/25 is losing money then i believe it is a fairly easy decision to make - you don't sell product to lose money .I believe both can survive this lithium rout but time will tell
EMH is set to miss another one of their self imposed deadlines for the DFS. Doesn’t look like they're ever going to see this thing through. Will you be asking them some uncomfortable questions anytime soon?
Great discussion! Best guess for Spod price of US$ 2000/t is mid 2025. However, who can really calculate the exakt consequence to the market for the bunch of delays, reduced or shut down productions? As we reached that point, something in my mind tells me the turning point is not far away (6-9 month?) before the spod price could at least stabilize to US$ 1000 - 1250 🙏
How mining companies are less profitable than they seem by hiding costs. Lots of assumptions regarding pricing as a result. Lots of idk idk , possibly. Bam done , cheers.
Thanks for drilling cash costs harder. Your comment "democracy killed the electric car" seemed cringe, tho. Maybe "Our (US) version of democracy", which is 2024's debate.
Not all jokes/comments hit the mark with everyone 😉 no doubt there will be a LOT of EV debate this elections cycle which will create further lithium uncertainly/volatility among US focused investors
Do you think it is terminal for PLL if SYA go into C @ M ?
A decision on NAL will be made jointly by the PLL/SYA joint venture, not SYA alone. I don’t think PLL plans to commit suicide…
If the majority partner 75/25 is losing money then i believe it is a fairly easy decision to make - you don't sell product to lose money .I believe both can survive this lithium rout but time will tell
no doubt PLL and SYA managements are working closely together to navigate this lithium downturn@@kenmoss9151
Great video!
Uncomfortable question perhaps: Is Champion going to make it?
Thanks! And yes, I think so!
Hi Howard, do you think projects like frontier lithium in Canada will survive this downturn? Thank you
Yes
EMH is set to miss another one of their self imposed deadlines for the DFS. Doesn’t look like they're ever going to see this thing through. Will you be asking them some uncomfortable questions anytime soon?
Great discussion! Best guess for Spod price of US$ 2000/t is mid 2025. However, who can really calculate the exakt consequence to the market for the bunch of delays, reduced or shut down productions? As we reached that point, something in my mind tells me the turning point is not far away (6-9 month?) before the spod price could at least stabilize to US$ 1000 - 1250 🙏
Another question is what price does spodumene need to be to attract sustained buying interest in the sector. Not sure $1,000-1,250 is enough…
How about The Stones “Start Me Up!"
I’ll see if I can fit that in somewhere :)
Write here a short summary of the topic mentioned in the video.. I cannot watch an hour-long video.. Help please 👇🏻
How mining companies are less profitable than they seem by hiding costs. Lots of assumptions regarding pricing as a result. Lots of idk idk , possibly. Bam done , cheers.
Trent is right - the market needs lithium so there will be a recovery
Yep
Recommissioning mines takes time
Yep
"i dont know" i dont know" thats kind of all he said...
Thanks for drilling cash costs harder. Your comment "democracy killed the electric car" seemed cringe, tho. Maybe "Our (US) version of democracy", which is 2024's debate.
Not all jokes/comments hit the mark with everyone 😉 no doubt there will be a LOT of EV debate this elections cycle which will create further lithium uncertainly/volatility among US focused investors
lithium sucks... still overprice.. overprice ev cars.. expensive batterry replacement. still not enough charging stations,
Thanks. Why you still watching lithium videos then?