Great post
@Eddard.Stark.
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Our brains have much more motivation to write about the positive potential of the future.I did not invest in this stock to focus on the negatives. Some people, did not invest in this stock. BUT love to focus solely on the negatives.".
100% correct. We are already experiencing the negative affect of lithium price on our stock value. Why wouldn't we focus on the facts that the low lithium price is artificial and not sustainable by its creators?
Yes they don't want us to use our brain and focus on any facts. They just want to sell out that they can buy LTR. LOL... No way.
Anyway let me post more facts which I'm doing right now. Coming soon..
Never mind mates. I have no disability and I don't care what they say. I can see perfectly what I'm looking at and seeing perfectly that a serious lithium shortage is coming.
The only thing I can't see is those kind of ugly posts as I put them all on ignore. These guys have a different aim to make these posts. They want to bait me. I know what they want and I'm not going to give it to them.
I'm staying strong and keep researching and analysing the facts...
Great post again
@DaisyA"
Many in the press, the BEOT, the shorters, the traders and just plain envious can't break down the solidarity of LTR's retail base. This base is an obstacle to shorters, traders, manipulators, sophisticated investors who want to quietly take a large posting and of course predators"
This is the key for our success.
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Our stubborn but well reasoned belief in the future of LTR and if its management frustrates them continually and part of their armed response is to try and undermine our confidence in LTR and the lithium future with a flock of negative posters, some of whom play quite sophisticated mind games"
Thank you. I could add anything to your comments. 100% agreed.
I'm staying strong and keep researching and analysing the facts...
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Anatol appears to be the scape goat for the mendacious cult operating on these threads"
Never mind mate. I don't see anything. I even don't know if they really exist..
@dynofish, you are correct.
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that is the desire of the Chinese state to maintain their dominance of the supply chain as long as possible to build their market share in all things associated with electrification. What is also implicit in this action to support the Minres JV is that current supply demand balance is on a knife's edge, with every tonne of LCE being vital to prevent the price rising."
MinRes and Ganfeng JV has turned to be a hopeless one for MinRes. Because MinRes is cornered by Ganfeng. The production cost is very high as the grades are too low (spod grade is as low as 4.2%) but Ganfeng says MinRes "mine it and process it, I will take all". MinRes is operator of the mine. We can see from the quarterly reports of MinRes that MinRes's sale price of spod is to Ganfeng is too low despite the FOB cost is too high.
MinRes is making money from the mine services as Egeria said. The separate company Mine Services of MinRes is doing the mining and processing job and charging the JV. The spod costs a lot to Ganfeng but Ganfeng does not care,... they pay it because the spod price is already very low.
And it's obvious to me that the China gov subsidies Ganfeng. So MinRes is now unintentionally relying on China Gov's subsidies. (I actually mentioned all this before).
Regarding to MinRes's underground resource; It's a hopeless struggle.They have found very little resource there at very low grade for an U/G mine. They drilled for 80,000 meters, and found only 19mt at 1.22% L2O grade at very deep levels.
That resource is not economically viable for today. They will never be able to mine it unless the spod price goes over at least US$2,500/t and stays at the level more than 2 years.
So I believe both Greenbushes and Mt Marion are in the destruction process of Chinese gov.
Why Greenbushes is so, you may ask..!
Here is the related mineral resource;
Very low grade drill results at very deep levels.
(20min delay)