FA & General Banter, page-3679

TG have recently made killings in his gold and gas/energy bets again in addition to lithium. However he’s put more of his million in Ltr which shows his confidence in the project. They said they’ll expand this to 100-125mt, but I’d expect 125-150mt. They’ll want to make as much at the soonest imo. Not by selling it dirt cheap like PLS. (I think pls was trapped. Too bad they’ve got big resource that’s been ‘sold’ piecemeal. It’s like they’re being ripped, crying and singing “killing me softly with his song”.
A40’s demise, Ajm and pls missteps into debts are being watched by Ltr. Elon musk just got a deal with China, the ev moves forward. But Tg also understands risks. There are working nickel and gold mines with billion dollar worth of deposits but sold for $5-$10m during their downturn. Lithium may not get there in the foreseeable future. If Ltr deposit is worth a hundred billion, Tg will not wait for a 10 billion offer. I think he will sell it for a reasonable price, not a dream price. Everything has a price. Don’t think you’ll wait till your hair is grey. We’ll get our pay day soon.
Have a nice weekend.

(I have no interest in vanadium, it’s just a distraction, let it sit there and we’ll see what happens in 2 or 20 years)