Hi folksI posted my hand-drawn chart last week. I am showing it...

Hi folks

I posted my hand-drawn chart last week. I am showing it again. But this time I thought I would provide some insight of how I use it in conjunction with the quarterly report.

I am focusing on the green $AUD revenue line which last quarter rose from 192 to 305, a 59% rise. A very strong rise, what was behind it?

Looking at the qrtly, shipped spod rose from 179 to 235.8 (+43%) while production was 226.2 so dug into so previous qrts stockpiles.
Production rose from 179 to 226 (+26%). Under P1000 it seems to be reaching towards peak production without P2000 being implemented, which is much further down the track.

So I am looking at the chances of that green revenue line continuing upwards from approx 300 to 400. That represents a further 33% growth in revenue.
If production gets to 230 and matches shipped spod, then production is not going to be the driving force towards a further 33% revenue gain.

So any chance of that 33% gain being achieved would need to be reliant on the $US price for shipped 5.3% spod increasing from 840 to 1117. This quarter the price rose 4% from 804 to 840.

Not completely out of the question, but in my opinion unlikely because of my second chart.

If it was beginning to happen in this quarter, then I would expect it to be starting to be reflected in the SP of other big international Lith stocks like ALB, SQM, Ganfeng and Tianqi. We are already 1/3rd into the quarter and on my second chart I have shown for each of the four Lith companies in a 1 month comparison chart. It shows no growth in SP for July, in fact it reveals a further slight decline.

Just one example of how I play with my rough hand-drawn chart. I also pay attention to the Qrtly Hi/Lo SP candles. Lower-highs, Lower-lows and DCB's?

Then there is the gap between the SP and the revenue, but maybe that can wait for another play day.

Just my ramblings, so DYOR.

cheers Lies