There's too many posts, will put it here.
JL has stated, he doesn't like SQM and FMC, ALB ban him from their meets. He favour Pls/ gamfeng but no mention of Ajm. He doesn't like Agy or Nmt.
The only people left are ganfeng and Tianqi. He can only be working for these two. He made a twitt about SDV before ASX. He can only get that info from the chinese, if he is the advisor.
He thought 1.60 was a good buy in 2017, with the same assets and $40m debt. In 2019 he doesn't think its good at 1.60 with the same assets, no debt and $200m US net. How so?
Production is throughout the year. If Yahua is upgrading their facility in 1st half, then deliveries must be required in 2nd half for the new machineries. The total sum of product for the year is the same. The cost to produce will be lower in 2nd half. The stockpile will be at no production cost come ahipping.
On top of this JL also predict LCE supply will be very low in 2nd half and carbonate at highest early 2020. When delivery is high,it will also match the high prices according to JL. He may have contradicted himself.
The alternative process could be to heat the brine as opposed to o just solar. The recovery would be faster. If the new tech was to attract the salt from brine using electrolysis, it will be quicker still. Why not test all the possibilities. Solar is 12-15 months away. On top of that, the chemical stucture will be known and production can be worked towards those result, instead of hoping after.
The stock is played to the max. 9% sit with Ausbil, unless 17% is sold, the shorts cannot close. If they can't close they can't profit. At the current price, the stock is flashing for attention.
If the company has a positive cash, the other OZ miners will close first, they have big debt in a low profitable environment.
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