I thought PLS may be looking to double there lithium tonnage and increase the quality and cost of production by looking to take out BGS.
Not bad eh.. a 1 Billion dollar Market cap company getting more than they have for sub 40 Mill
I dream but yeah.. Mali handcap for us seems to be about 2000% (or WA bias) depending on if you are + or - about this.. I only joke as PLS is also in a halt..i know we are just likely held up with one non-payer but think the market is so low right now its preventing any new equity coming in.. having said that lithium stocks are up strong today (i hope BGS will have luckier timing this year.. we just missed the bull run last year and seemed to be in halt during the strong days and missed the re-rates.. reminiscent of today.. but hey its 2019 it might be different this time round!)
Funny as there is plenty of cash to go around, as usual the money masters are constricting the money supply so they can get mass bankruptcies in order to get all the business and commodities for pennies on the dollar. Only this time round we have China ALSO looking to game the system.
Western central banks have had the hegemony since forever.. i wonder how well 2 player system gaming works? China does not have participants in Bohemian Grove etc so i doubt the Boom / Bust cycle of the markets could be as co-ordinates as it once was? You cant have a rigged auction if multiple parties are bidding (you get a bidding war with necessarily higher prices).
Here we are friends, on the dawn of the new world economy where there is competition for resources and the transition away from the Western New World Order.
I am sure China wants to keep the serfs of the world poor just as much as the Fabian socialists of the west do, i just think the competition between these rival powers will make it hard to keep the cap on commodities prices and keep stocks in this depressing trough, the "trade war" is keeping the panic up and that is what the Hegelian dialectic is all about.. lets not allow the citizens of the world to be to happy and focused on building a better future.. we need more financial and terror panic to keep citizens of the world at each-other perpetually!
Australia Dollar looks so weak and the forecast is for 60c.. will be amazing for BGS profits which will be massive beyond our realms of thought currently.. and our market cap appears to be tellling me i am dreaming.. yet EV's sales are cranking up hard.. i think the Australian Government and investment banks are the real dreamers! Ignore the disruptive EV at your peril, China is gonna grab the baton and run... will they get our metals for pennies on the dollar or will we wake up in time to realise we actually want some supernormal profits here.. is anyone awake in Govt or to busy dealing with sex and corruption scandals.. who is driving?
BGS Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held
