Agreed ^ Also not saying 4p is going to happen overnight… Back to 4p for starters.
Thats what I’d like to see before significant news.
It can happen within a few sessions with the right momentum.
If tin goes in another bull run, imo 3.5-4p will be cracked
A close above the trend line, which 3p will be also bodes well
Читать полностью…If tin continues it’ll attract a lot more buying, and I can’t see there being many sellers left
Читать полностью…Last time tin went on a hike + the help of II’s of course, we went from 1.8 - 4.2p +
Читать полностью…I did buy a few yesterday so happy that heading up
Читать полностью…I think it’s primed for a climb up to 5p at the moment .
Читать полностью…If they can pull off a deal with the samples they’re sent out to the Japanese maybe that would be excellent
Читать полностью…How to be a value investor - Investors' Chronicle
https://www.investorschronicle.co.uk/content/c59446ea-3fa4-4bec-96a0-f374bf840dde
Damn you. I opened this and thought the SP was taking off. Then I looked closer 🥴
Читать полностью…That is true Colin , I do keep forgetting about that . Maybe that is the strategy still having that as a sideline along with tantulum ?
Читать полностью…Remember though - we’ve been producing lithium from the Uis pilot plant already, and one of the stated reasons for the delay in the ore-sorters is to integrate the lithium plant into the Uis pre-concentration circuit. Lithium from the petalite at Uis has already been sent to a number of interested parties (the last one in Japan), so there is chance, a small chance, that a deal for the petalite output from the Uis plant will come in the short/medium term
Читать полностью…Agree with any distractions but we are a few years away from producing lithium ??? No ? Or could it be the icing on the cake 😂
Читать полностью…It’ll help with the progression of the lithium ridge partnership and if lithium price really took off (I’m not expecting it) then it would stick a 0 on the share price. I’m sure operational focus will remain on tin though
Читать полностью…Not saying that is happening today or tomorrow. Not sure if that’s what George thinks im saying as if it’s going to happen today
Читать полностью…This is the first time in a long while where there's no threat of a placing following share price appreciation. Previously there was always a chance that an opportunistic raise would happen following a big move (to lower debt burden whilst minimising dilution) but now ATM are fully funded there's no chance of that unless the share price really spiked to something silly.
George might be right that news is needed first but imo this is the best chance of a sizeable move north for a long while.
4p is also extremely undervalued when you think about the bigger picture
Читать полностью…4p is about 30-35% up lift in the share price so who knows . Things are going in the right direction in on all fronts admittedly slow in some cases
Читать полностью…If tin price carried on like this, 4p is easily achievable.
Production increasing news would mean more towards 5-6p+ imo
Forgot you can’t be positive around some people in here
Читать полностью…Probably got an awful lot of other stuff in there too, over 90% isn’t tin or tantalum or lithium. Sure it could be used but it would need a bit more work to just be spodumene
Читать полностью…makes you wonder why its not really being sold .. after all it carries no costs...
Читать полностью…Worth remembering the waste from the tin plant is effectively cleaned up lithium spodumene ore….got to be worth something
Читать полностью…Yes I think they will be a lot more aware of current situations regarding tin and the route they have gone so far . They will be also aware of the loans facilities and the repayments they have to make .
Читать полностью…I presume investment from Andrada into lithium will only happen with higher lithium prices and a strong case for why they’ll remain at least that high - a behemoth like SQM doesn’t need to be quite so prudent and as the second largest lithium miner in the world they’re all in as it is.
Читать полностью…We don't need lithium rising and sending management into rainbow chasing mode again...tin price needs to rise and tin production to rise and put the finances into the black
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