Do we anticipate any problems with the rainy season starting...

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koparoma

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11/04/23

18:43

Post #: 67222625
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Originally posted by 52570: ↑

Hey look, despite the negative around the pricing, I don't think there is much chance at all , that GF won't take a couple or more DSO shipments. And they will pay a good price IMO.

They will likely want to test their new plant that they built specifically for Goulamina ore. The only fly in the ointment maybe the timing - will their conversion plant be operational in time?

The most optimistic plan is for us to supply our first DSO shipment I think in July. So that is 3 months away, but more likely 4 or 5 months from today?. The pricing is likely to be more robust , by then IMO. And therefore we are looking out many months to the second DSO shipment - which should see prices much more robust than the present.

Every outfit in the Li market including Chinese outfits are foaming at the mouth to get hold of Spod - despite the current manufactured pricing rhetoric.

Consider too, that GF is helping us with getting the plant at Goulamina manufactured and installed as soon as possible - they have helped with some major plant components that should by the way be very close to being on site at Goulamina by now. They wanted stage two as quickly as possible...and they are currently building a plant specifically for Goulamina ore.

Its all IMO so not based on anything specific around future pricing.

By the way. It seems that Tesla is building another battery plant in Shanghai for l grid storage - i think. And Am i right that Tesla is a customer of GF?

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Do we anticipate any problems with the rainy season starting next month - with either delivery of the major capital items or preparing for the DSO shipments?

LLL Price at posting: 48.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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