Anyone tell me what just happened?, page-93

I know a company that is still in good stead with Li Shufu and we're also approached by.. Ah you don't want to hear it..

Can you explain what General Lithium can offer?

Are you aware that they only produce ~7000 of various lithium products?

The company has spruiked that this is a major deal... Alas the deal is all coming down to further investment from Pilbara.. Where is that going to come from?

Dilution?

A loan?

How far can this tune of 'we have $100m in the bank' go?

'if' Pilbara build a 330,000tpa of spodumene plant at Pilgangoora, how much is that going to cost?

Definitely not $100 million.

How about the processor in Malaysia?

The money for that isn't going to magically appear.

And then today we hear that Pilbara is going to be low cost because of tantalum.

Give me a break.. Seriously?

I'll buy and I'll short this stock.. It's been doing me very well based on its volatility. - and that is going to continue for a very long time because the company doesn't have any plans for income for many many many moons.

And those moons will be the ones that the fanatics amongst us will be howling at. Xx