Ann: June 2024 Quarterly Activities and Cashflow Report, page-108

Solid posts @anatol
Yes we remember their Ann’s to reduce production, thanks for connecting the dots
Igo looks toast and so are the other JV partners
If metso rejected their request, they’re as good as miso soups

Depleting their resource for short term intents will soon backfire
Remember guys, Gxy was shining brightly in the sky until the market suddenly found out (not that it’s not easily perceived) that their mt Cattlin had only a few years left, then their share price collapsed, they ran for cover merging with ore then livent.
Recall also half of ore’s production was not battery grade despite producing for years

not all lithium are equal


Watch this space as the market tries to come to terms with the short life remaining for Gb. It’s like arriving at the terminal of an ill-fated journey.

Watch this space as the market realise our peers are valued $4-$7 billion higher than Ltr

watch this space as the market realises the supply pipeline continues to sink into lack of funding - the fall out continues

I’d expect Pilbara to rethink their expansion plans
They’ve been lucky to make $3.3b cash in 2022. But a successful business can’t go on luck. They’ve burnt more than half already and likely complete the cash burn  in the next few quarters

At the current prices - have a look at the 9 mos bottom line of pls, SQM, alb and uhmmm the others are not even worth mentioning here but nonetheless bleeding cash

enter the lion

built to withstand downturns


The lion is ready to roar at the Diggers today.