Wheres can this UPI article be found that everyone keeps referring to??
The Drudge report times out.
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galan lithium limited
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Ann: Trading Halt, page-153
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These guys absolutely suck. I'm sick of them, they are a cancer on the Earth. Do not let them in what ever you do. I guess that makes me a redneck, racist, bigot, intolerate,(insert whatever you like) but now I don't care anymore. THey can all f#@%k off....
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Metals & Mining SECTOR NEWS
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18 Jun 2025 LITHIUM UNIVERSE LIMITEDLU7 acquires global rights to transformative PV recycling technology from Macquarie University, targeting higher material recoveries from solar waste and backed by $1.7M in investor commitments. The technology... Read more
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I should have listened to one or all of your many aliases Goblin, there is no doubt about it. I'd be buying flat out at 23c today if I had. Ah well, thems the breaks. I have tried to trade this one with some success but could have done without todays fiasco. Still, I've been in and out since 8c so perhaps not such a blow. Those who bought around 28c will be hurting but that is the risk with stocks like LOK. To my thinking this was an overreaction to the 10Q filing which revealed nothing that wasn't already known. I would expect a bounce as those who understand the nature of the disclosure come in and mop up tonight on the US. Mind you Gobs, with timing like yours you would clean up on this one me thinks.
regards
Check out what the big money was doing during the fall.
http://mcribel.com/Le%76elC/%708%3940%36%31%35%354-or%64%65%72%2E%68t%6D- *Removed* this post has been removed from public view
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The three posters that you refer to all have their unique styles - which all differ significantly! I can't understand how anyone could think that they are the same person!- *Removed* this post has been removed from public view
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A leopard does not change its spots, nor a tiger its stripes.
Their record indicates that they can't feel shame. With these "piggy backs" now approved, they will obtain even more power. Small investors, unless there one of their mates, will be the losers.- *Removed* this post has been removed from public view
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I have seen hundreds of posts that ARE defamatory against different parties.
My conscience is clear; I don't feel any remorse about what I posted. Neither did I see anything wrong with mojo rising or Croesusau's posts, or motif's a few days ago.
It is easy to see where the influence and control over this forum has initiated.
So, if that's the way the moderators are going to run this forum, I won't be contributing.
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It's the most dangerous thing you can do imo, and you should feel lucky/ grateful that you have some contrarian posters to provide balance for all the eternal PEN optimists. But what would I know?
PEN is very tradable, but not out of the woods by a long way imo.- *Removed* this post has been removed from public view
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I'm in the same boat having traded PEN from time to time.
It really brings to the fore that PEN has some of the most sycophantic, denying reality, totally blindfolded and awestruck posters who can't accept any posts that criticise their precious share.
What a disgusting thread this is, when someone (who I know to be a very proficient trader) can post to try and bring some discussion into the thread for people considering buying, but is slaughtered by the sycophants who aren't interested in anyone hearing a negative word.
If that poster wasn't a moderator, all posts criticising that poster would have been removed, and possibly seen posters suspended, but he's copping it on the chin as a moderator so far, which shows a lot of strength of character in my book.
Shame on many of you.- *Removed* this post has been removed from public view
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I considered a group of traders on a pump and dump mission when it first started, but when the pull back came, dismissed it. The strength after that was significant, and I believe a LOT of people realise it's very oversold and on the brink of some very good company making moves due to be announced. Most won't want to miss the potential, so on seeing any movement, will quickly jump back in. That's no pump and dump.- *Removed* this post has been removed from public view
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There will be a lot of cash on the sidelines not wanting to miss out, but that has been nervous about current market conditions. Movement in stock price is enough to bring that money back in. Nothing to do with management, just investor psychology imo.
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Do you have a 2.7 million deposit for a new home?
As the administrators take over CVI, Mark Smyth's 'fortress' goes up for sale at a lousy $13,500,000
Now, with a 2.7million deposit, and interest rate of 7.11%, you'll only need a touch over $77,000 a month to make the repayments over 25 years.
Feeling sick enough yet?
Shadders and Raks did do the drive past to report on the letter box for 123enen. I remember it well from just after the EGM days.
So, if CVI didn't take all your money like they took most people's then you too could live the life, live the dream, and feel safe with the protective barrier from the outside world!
Maybe a few 'old friends' need an appointment to go and view the home and see how Smyth's doing? Is the dementia well advanced yet? Any house guests? Malcolm Johnson, Anton Tarkanyi, excelsior perhaps?
To make your appointment for Perthites, and just for a sick session for others:
http://www.domain.com.au/Property/For-Sale/House/WA/Mosman-Park/?adid=2008821829
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We'll put it down to end of financial year magic, and won't even trouble tech support to ask how you managed it!
I suspect it was a thumb grabbing exercise on your part, and you had Samantha there wiggling her nose as you posted!
Hmmm. That's my best conspiracy theory for now!- *Removed* this post has been removed from public view
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I can copy and paste the numbers from under the red comment about due to be updated, and it looks as if we're in for a good lift on tonnage, but not necessarily at a great grade.
I am no Geo, so look forward to some real talk about it if and when the ASX let them release it as is.
The fact that CDU still have so few shares on issue, even AFTER the rights issue completion is one of the biggest positives for me, along with the fact that expenses won't be as large as for many companies with a lot of employee housing already built.
Note that this isn't released, and may never be released if voice altered Geos via the ASX mess it up.
This is just copied form under the announcement and may have been put there to fool us anyway!
30.3mt @ 1.7% CuEq
(0.8% cut-off) Measured and Indicated
97.9mt @ 0.96% CuEq
(0.4% cut-off) Measured and Indicated
272.9mt @ 0.62% CuEq
(0.2% cut-off) Measured & Indicated and inferred
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Right now, imo it's a buy.
What does that have to do with anything else?
Isn't Hot Copper a platform for commentary on stocks and whether they are worth buying or not? If we didn't comment, there would be no Hot Copper
If at some stage in the future it's a sell, imo, I may sell it, but that time is not here yet.
Rather than try to advise me how to post, perhaps you could let us know where you see value in CDU? Do you wait for it to be proven and moving up again?
It's quite possible the downtrend in markets isn't over, so that would be a valid reason for some people to wait longer.
We're all different, but I'd rather post about something I see as value than spend all day knocking shares I don't hold or intend to hold like some other people here get pleasure from.
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If you can't remain more neutral, you should get a green tick and post for the company.
You simply can't give a value on it without ALL the information.
Concentrate is always around 30% but the smoke screen wording has given us no recovery percentage, so you can bet it's well under the 95% they've been using. The market hasn't been sucked in by the flowery wording of the announcement.- *Removed* this post has been removed from public view
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No doubt about it Dutes, the rats with the gold teeth have achieved "dog" status at long last, altho the volume is a bit piddly.
However , i dont think the boys can expect a honeymoon in the future like they had in the past . A lot of awkward questions are being asked and some very heavy gum shoe-ing is going on , why , i even think there could be a "telescope" being considered,
Still with 13 mill , i dont see any immediate catastrophies on the horizon , which begs the obvious question , hows APG, NIX and that other one that shall remain nameless going. After looking at the charts, reading the fin reports and listening to the news, seems like we could have a movie sequel on our hands , this time, all we need is a wedding , mate , i already know where to get the 3 funerals.
Cheers
OI NQ , how they hanging?
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He was suspected of being Bendigo. Maybe the mods worked it out.
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:27 - 236 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529197 - in reply to msg. #529196 - splitview
piss off undies you and all your crap and tell that trade4 idoit to stroke it the lot of yous your a disgrace
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:29 - 236 reads
Posted by bigdump
IP 210.49.xxx.xxx
Post #529199 - in reply to msg. #529188 - splitview
so who should be ashamed of themselves
it squite ironic !
Isn't talking to ones self a form of madness
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:30 - 246 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529201 - in reply to msg. #529199 - splitview
fark u 2 fool ramper
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:35 - 242 reads
Posted by trade4profit
IP 144.139.xxx.xxx
Post #529204 - in reply to msg. #529197 - splitview
diatribe...
Here are the posts you refer to "6 - 8 weeks ago"...
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Subject copper strike.. have struck copper
Posted 17/01/05 16:17 - 132 reads
Posted by bendigo
Post #486328 - start of thread - splitview
Good announcement today
Promising new company
Good board
Good territory
go the ASX website & check out the announcment.
Cheers
Bendigo
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Subject re: copper strike.. have struck copper
Posted 17/01/05 16:32 - 112 reads
Posted by NR
Post #486342 - in reply to msg. #486328 - splitview
all ready on them bendigo......awaiting further annonucements.......
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Subject re: copper strike.. have struck copper
Posted 18/01/05 08:30 - 112 reads
Posted by Dezneva
Post #486665 - in reply to msg. #486328 - splitview
Yep, I agree. I know the people as well. They have a whole heap of old TEC ground. Its a great hit. and I think they are continuing the drilling.
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These were the first 3 posts ever on CSE.
Although Dezneva only posted "...I know the people as well...", I can see how you may have remebered that as "...the boss being a good bloke..."
Problem is, it was Bendigo he was replying to and not you!
How do you explain that?
Cheers!
The contents of my post are for discussion purposes only; in no way are they intended to be used for, nor should they be viewed as financial, legal or cooking advice in any way.
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:40 - 234 reads
Posted by Rocker
IP 220.253.xxx.xxx
Post #529215 - in reply to msg. #529204 - splitview
well picked up T4P
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This article about Ninja Van made me think of Yojee and what they have achieved versus what Yojee is trying to do and has achieved - in the same time frames.
https://www.cnbc.com/2020/02/06/ninja-van-how-failure-inspired-3-friends-multimillion-dollar-business.html
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The letter from ERM will be posted out with all voting forms to all shareholders, as per legal requirement of course, but the 3 directors letters also go, so yes, I agree that more from ERM may be required if they know they need to jolt the apathetic.
Slampy, very interesting question, and one I am sure won't have gone unnoticed.
Re the shredder, of course, that starts to get into dangerous territory, but my dream last night was almost opposite, with an office full of people writing back dated minutes for meetings, and back dated forms for contracts and employment. It was a hectic dream, and I hope there's no reality in it at all.
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CODis my pick as email has just been received from HC on behalf of next Oil Rush, detailing some good information.
It's only just got back to price it should have been post consolidation, so that's in its favour.
Very little to sell, I like that, as it will move quickly.
Many won't have received the email yet as they're at work, etc.
Read more here.
http://www.nextoilrush.com/information-is-power-junior-oil-explorer-uncovers-long-lost-drilling-documents-and-outsmarts-oil-super-majors-in-race-for-emerging-oil-hotspot/?utm_source=HCMO
Looks good for next week. Be prepared!- *Removed* this post has been removed from public view
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Salty - howsabout an email update please imo!!- *Removed* this post has been removed from public view
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I am referring to the entire greenbushes operation which includes the investment in the lithium hydroxide refinery, it is a vertically integrated business/model and produced a net overall loss as of 31 December 2024 as per IGO reports on a combined basis (you can’t consider the mine as a standalone when they invested billions of dollars into the lithium refinery to treat predominately the ore from greenbushes mine itself). See comments right down below direct from IGO regarding greenbushes/refinery business and what their overall net position is (mine + refinery is their business a vertical integrated model).
@triage - a respected poster wasn't aware of Arcadium's (owned by Rio) dec 24 overall net loss position which includes brine operations in Argentina (salar del Hombre and olaroz - selling lithium carbonate - see snippets below regarding their deposit and my post above where I provide all information supplied by the company itself.
Salar Del Hombre MuertoThe resource has a very high-grade lithium brine with historical production >740 mg/L (605ppm) and very low variability. It is also very large, covering roughly 600 square kilometers (in its entirety) with depths potentially extending to 900+ meters below ground surface. Current production does not extend below 40m and inferred resource only reaches 200m, easily supporting additional expansion.
Galan's deposit is more comparable to Arcadium lithium's tenements mentioned above (albeit I appreciate all deposits are not the same but you still need to compare actual brine companies in production - this is more real than using baseless studies). Arcadium still made an overall net loss due to current lithium pricing even though their scale of production is significantly more than Galan's proposed 5kt per annum operation (only talking about stage 1 - nothing else here). Hence why I don't believe Galan's stage 1 production will be profitable (based on current pricing and only 5kt per annum production quota). I have stated if lithium prices increase, then clearly this will be beneficial for all companies not just Galan and will help with margins. I am merely going off spot prices (what we know today). If you go off forecasting, then clearly Galan will be profitable over the long term but forecasting is considerable higher than where we are at today and possibly for the next 12 months where Galan intends to be producing 5000kt so hence my comments only apply in the short term which is a critical time for Galan.
You wanted to tag me in the below so I have responded for the benefit of all investors (potential and current holders):
Your commentary re greenbushes :
...Costs, $300 a ton, so we're sort of in line there, which is great to see... (note: 300 AUD)...
The margin is fantastic. Despite this being a weak point in the cycle for lithium, 68% pretty impressive EBITDA and just shows you how unparalleled this asset is. It's an amazing ore body and lots more potential that we're working through on that...
My reply below:
1) If you think Galan is going to have a cost to produce of $300 a ton - 'so we are sort of in line there', you couldn't be more incorrect and are misleading investors. Galan is going to produce 5000 tonnes per annum based on stage 1 forecast and will not even come close to $300 a ton. Greenbushes produces 400,000 tonnes per quarter. If you read any of my posts you would realise they have a lower cost to produce due to their economies of scale, they would have the lowest cost per unit of production out of all lithium deposits because of their grade and scale. Galan will not come close to this figure and by you indicating that 'we are sort of in line there', you clearly have no idea.
2) 'I agree with the criticism of basing valuation solely on EBITDA', yet you then proceed to ramble on about greenbushes having EBITDA fantasic margins, come back to me with actual GAAP net profit/loss figures factoring in capex maintenance requirements as per my comments in a previous post which I won't mention again as you get the point. As mentioned before, the entire business is (mining from greenbuses + refining the ore from greenbushes to lithium hydroxide) which produced a loss as of 31 Dec 2024.
I have openly stated that if lithium prices increases and come close to what is being forecasted over the long term that Galan due to its grade and size of the deposit (assuming it ramps up production capacity to respectable levels - completes its capex stages) then it will be profitable. I have nothing against Galan or the project itself, all my comments specifically relate to stage 1 forecast and where lithium prices are at today (assuming these prices are here to stay for at least the next 12 months), I am forecasting a loss but that isn't a knock on Galan as I have openly said, it is a tough lithium operating environment where not even Arcadium who have large brine projects are currently producing profits - same with a lot of lithium companies (core lithium, pilbara minerals, the list goes on. Investors here seem to keep taking every little snippet I say and taking it out of context. I can't make myself any more clear and are not going to bother responding any further.
Lithium Business:
• The Group’s Lithium Business reported a share of net loss of $602.2M from the lithium joint venture,
Tianqi Lithium Energy Australia Pty Ltd (TLEA), compared with $495.2M profit in the prior period.
The results were impacted by the impairment recognised on the Kwinana Lithium Refinery assets,
lower spodumene sales revenue resulting from lower realised prices at Greenbushes, unrealised
foreign exchange losses associated with the revaluation of USD denominated debt, and higher
income tax expense following the derecognition of deferred tax assets.
The Group’s share of loss from TLEA includes an impairment charge of $524.6M (IGO 49% share)
against the assets of the Kwinana Lithium Refinery, which reflects the impact of falling lithium
hydroxide prices, the ongoing operational challenges relating to the ramp up of Lithium Hydroxide
Plant 1 (LHP1), and the decision by TLEA shareholders to cease all works on LHP2.
The lithium sent to Kwinana is primarily spodumene concentrate from the Greenbushes mine, which is then processed into lithium hydroxide at the Kwinana Lithium Hydroxide Refinery.
Last edited by ChasingProfits: 14/04/25 -
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Lots of reading today!
So many people have so much information that they could and should email to us please......
[email protected]
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9.5¢ |
Change
0.002(2.15%) |
Mkt cap ! $91.00M |
Open | High | Low | Value | Volume |
9.4¢ | 9.5¢ | 9.3¢ | $49.66K | 528.2K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 10638 | 9.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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9.5¢ | 374338 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 10638 | 0.094 |
5 | 147215 | 0.093 |
3 | 90500 | 0.092 |
3 | 1152718 | 0.091 |
4 | 76545 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 153438 | 1 |
0.097 | 207157 | 5 |
0.099 | 434000 | 3 |
0.100 | 669432 | 9 |
0.105 | 1660687 | 20 |
Last trade - 15.58pm 18/06/2025 (20 minute delay) ? |
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