General discussion, page-2515

I noticed that aljazeera article this morning. Usually Mali news is the 2nd thing I look at in the morning after the overnight markets & commodity prices.

I think the interim government was put in place till the end of Feb or March - can't offhand remember which.
With no elections in Feb as promised, they were always going to need to legislate to continue past then.
No surprises there.

I doubt that will affect tomorrows meeting (which aljazeera doesn't even mention - that I could find), like you, I don't hold high hopes for a resolution at that meeting. However as Mike said in the interview, Life goes on in Mali, our operations so far unaffected. I'm sure they'll come to a compromise as some point.

"Meanwhile the lithium boom 2 is probably over,...."

Wow, that's a big call

I have not read that from any of the credible commentators, most say it's just getting started.
The graph showing supply/demand from Allchem's presentation below certainly contradicts that.

Whilst I don't expect SP6 to remain in the range PLS reported - US$3,750-4,500/dmt2,
I think it'll take a long time to drop below $2000, Li stocks haven't gone up in line with current Li prices, which is probably a good thing as we don't want the battery materials cost to cause a big drop in demand.

Out NPV of $4.1b based on $900 SP6 prices is huge, current prices are 4-5 times that price, even if they halve, Goulamina's NPV will still be in the US$10b area.