TAW - The Next Lithium Producer led by Mr Pegmatite, page-2249

Hi, I have copied and pasted a post which I saw on another thread (posted by Tran) as it makes lots of sense to me. Lithium is here to stay and TAW is only a couple of months away from production.
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As we all knew, ORE has just issued 31.2 million shares to TOYOTA TSUSHO (a subsidiary of TOYOTA corporation) for 12.93% of its company at a $7.50 which is a premium to its 5-day average share price before the announcement.  Keep in mind, that TOYOTA TSUSHO has been a working partner with OROCOBRE for many years.  So, apparently they know what they are doing, they know what they need, and they know lithium price will keep increasing higher and higher in the years ahead and that it is why they are willing to pay at market premium to get almost 13% of Orocobre.

Deutsche Bank and MORGAN STANLEY have done it before.  They issue a negative statement relating to lithium and go around scare-mongering and then buy up big time, stealing hundreds of million dollars worth of cheap shares from naïve shareholders.  Every one still remember they claimed Mineral Resources (MIN.AX) was going to be the biggest lithium DSO exporter and would kill off other lithium exporter/producer like GXY, PLS, ORE....But look at what happened?  they bought up and then they shut up.  And it seems MIN.AX is in trouble now with its CEO having sold $46mil worth of shares....I think someone did post an article about MIN.AX a few days ago.

This time they do it again but with SQM's plan to increase production to scare the market and to buy up big time again.  I am sure all lithium stocks will be running hot again in days ahead.  The fundamentals of lithium has not changed at all.  ORE.AX has locked in lithium sales contracts for the next 6 months at 25% higher price.  Yes, it is a whopping 25% higher price.  You can work out how much it will feed to the bottom line (net profit) for ORE.

Humongous EV projects keep hitting the news: Ford is to double its spending on EV to $US11bil, VW to spend US$40bil on EV before year 2030, Daimler has said it will spend at least $11.7 billion to introduce 10 pure electric and 40 hybrid models, and that it intends to electrify its full range of vehicles, from minicompact commuters to heavy-duty trucks.  Even TOYOTA also finally switches its focus to EV instead of hydrogen fuel vehicles.
https://www.autoblog.com/2018/01/16/ev-electric-cars-hybrids-automaker-investments-detroit-naias/

Take a look at these export data posted by @Audax77 on ORE.AX thread regarding latest shipments and prices for lithium and you will comprehend how hot is lithium prices are right now.  And in 1 or 2 years time when the majority of many EV projects start rolling out of factory floors around the world, plus up 24 giga-factories finished by that time, plus giant solar/wind farm energy storage facilities installed around the world like the lastest one installed by Tesla in South Australia and Costa Rica and think where lithium price will head to.

Jan 18:

18-031-EC03-000009-D: 20 T to Japan for $338,550.00 @ $16,927.50/T
18-031-EC03-000010-S: 20 T to China for $340,250.00 @ $17,012.50/T
18-031-EC03-000011-T: 126 T to South Korea for $1,271,796.00 @ $10,093.62/T
18-031-EC03-000012-U: 33 T to Japan for $547,266.00 @ $16,583.82/T
18-031-EC03-000013-V: 20 T to France for $342,360.00 @ $17,118.00/T
https://hotcopper.com.au/posts/30420244/single
Remember that ORE was selling its lithium carbonate products at average $11,000/T just 2 months ago and look at its prices in Jan 18 to see how hot lithium is.