iGO Tianqi, page-280

Pleasure and pain all at once Disco … how exquisite.
I sold a bit over half my PLS around $2.80 with a useful chunk left in my super portfolio and I also (*snap*) built up solid holdings in IGO and MIN (with off topic tasters in GLN, CXO and the new Canadian one, GT1.)

And yes @arsenic very happy. The whole sector is on fire at the moment with a lot of future ahead of all the good companies I think.
As far as IGO goes it had an ad in Seek recently for a lithium exploration geologist to find and assess new prospects .. I don’t remember if I posted it here?
It’s not there any more so I expect it has been filled.

- One of the notes in the ad that intrigued me was that the work included looking at international lithium-related opportunities.​

I think IGO is in a great position on lithium-related interests alone;

•A few weeks back @8horse reminded that production costs at Greenbushes are incredibly (comparatively) economical - he thought US$270 per tonne [see here]

•First battery quality hydroxide due this quarter from Kwinana,

•only eight jobs advertised on Seek right now indicates an established and stable workforce in a very difficult labour market

•Hungry market

•My estimate is around 50% of Kwinana production not yet committed in that hungry market.

•Train one expected to be producing at capacity (24,00 tpa) by end of this year.


cheers