I am lost for words out there and everyone's anguish with the current price action. it is of great concern to my self as I have skin blood and bones on the table as well. I sett out to share some reading if you have not already read enough but it certainly helps me understand what is happening in the near future and companies like A40 you just can not turn on a switch and make it happen. That makes us very valuable and the future is not changing for worse.
The main play out is how management navigates the sales and cash flow from this point on and it would be great if they could come out and give us the game plan and reassure the shareholders how they will bring us over the line. Currently, everyone is second-guessing who, how and why. and are looking at the worst possible scenario.
The following is some research that you may have seen or have not to date. The numbers and outlook is very positive
In Benchmark Minerals’ models, lithium supply has to increase at a 19% CAGR over the next 6 years to meet 2025 demand. Even at the height of the market, the industry only managed to grow by 11% per year, on average, from 2015-2018. And even when this money does arrive and new projects are established, qualification of new material sources is not going to happen overnight.
I find the whole narrative mind-boggling and how cheap these producers are currently trading. What I like seeing below is A40 Jv With Jiangte Motor. in the not so distant futre, we can move up very quickly as Tier 2 converter even though we don't receive the full benefits, being part of is a great result.
listening to the July Recharge edition high lights the importance of A40 and it's mineral composite that we mine to supply battery-grade spodumene. batterymaterialsreview.podbean.com
China China China understanding the EV market great presentation and insight again mind-boggling figures and where is all this lithium going to come from?
even though we don't receive the full benefits, being part of is a great result.
