The evidence is in the comparison charts.
Clear as day.
How much is Ganfeng down off its high???
What a dog, quick fire all the management and replace the board!!!! Same goes for ALB, SQM, LTM etc etc etc…
We are bouncing along with the rest in the rough seas; simple as that. Overshooting here and there, but that’s to be expected imo, being a junior developer and prior to that an even more spec play.
Some try to trade the waves (and mostly fail, afaict), whilst others see the broader trend and believed that the company could/can move from explorer to developer to producer and expand production to become a meaningful participant in the Li chemicals market.
Those like Rob and co like to point to the waves and claim some sort of “victory” as the sp sunk… endlessly claiming it is largely due to the actions of the company and the result of its decisions/activities/progress…. However, for many of the LT investors, the game is not over, we see the broader market behaviour, and the current action taken by the company is seen as a prudent response to the market environment and a means to protect our capital in the current trough, ensuring that we are able to prosper when the market turns.
We see the +100 tonnes of product and recognise that as critical progress in the development of our project, whilst others keep trying to portray it as nothing more than “failure”.
The evidence is in the comparison charts and the fact that there are no other junior Li brine companies, afaik, that have magically ticked all the funding and progress boxes and flown past us. Even those with far superior resources!!!
Agree 100% that those endlessly spraying the co, day in day out, whilst not really providing any genuine alaysis of the company and the sector, and acting as though we are somehow Robinson Crusoe in our sp movement over the past handful of years, are not constructively contributing to this forum.
They attack those like me, who are vocally supportive of the company, even though the company has indeed made very significant progress since I first started accumulating in 2016.
Even the “nimble” traders had ample opportunity to make huge profits here over the years….. yet many whine as they came late to the party, weren’t “nimble” enough, and then look to blame everyone but themselves for their timing and decisions.
Lesscash was only recently telling us that JZ should have known that the sp was going to tank from 60c simply because the long-term product price estimates were significantly lower than the product pricing at that time!!!!????? Wow!
The early “fundamentals” threads here, demonstrate how useful and constructive the forum can be…. And that all turns to shite when the haters turn up and are on tilt relentlessly.
They want us to forget that our sp spiked to about 10x current levels long before we even had any funding for the 2ktpa plant, and before we had even produced any carbonate from our pilot plant (!!!), yet they want us now to believe that their is no significant upside from the current price point, despite the current market environment being clearly unsustainable and amid a backdrop of continuing demand growth.
Let that sink in.
Seriously.
Circus level 7.5
Imo
Dyor
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