Ann: December 2022 Quarterly Activities Report, page-73

First 73 Last

Share
Profile

Follow
butcherboy

20,020 Posts.

870

19/01/23

15:24

Post #: 65776334
Share

Originally posted by bluecrow: ↑

Am I in this stock because I expect Catlin to be a big part of Allkems' future? NO.
Do I expect permitting from James Bay to happen without delays?
NO - try being a LAC shareholder.
Is it easy to build a big new brine project like Sal de Vida?
NO - how long has it taken for ORE to finally reach nameplate or SQM to ramp up production
The RBC analyst is being naive if he expects otherwise. Looks like this guy is just extrapolated a spreadsheet with little understanding of the underlying business.

I have held Orocobre for years and if they have taught me one thing it is that patience will pay off. In the unlikely event that a new battery technology, like sodium, magically replaces lithium then I think that Allkem is still a great place to play lithium, and WOW the margins are outstanding and the growth prospects are second to none.

Final note. At this stage I really don't want to see dividends I would like to see some more accretive acquisitions while they are all cashed up. Seems like the big boys are afraid to get into the space so maybe ORE needs to do more especially in Canada which is virtually a virgin territory.

Expand

I agee with all of that, well said.

Re: sodium batteries, I can't see the Li-on battery in my phone or in the laptop I am typing this post into (or in the EV I haven't bought yet) being replaced by sodium, as it has a lower energy density and always will have because of the nature of the periodic table and the comparable atomic weights.

AKE Price at posting: $12.68 Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

Wealth Within: Why the stock market isn't going to crash and more with Dale Gillham

From the Floor with Kim Beazley at Diggers and Dealers 2024

Revolutionary inverter technology leads the clean energy charge

RBA keeps rates steady at 4.35%, reflecting expectations

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024