Our favorite shorter and recidivist manipulator, Goldman Sachs (GS) has struck gold again:
Lithium, nickel bear market ‘far from over’: Goldman
The broker now sees lithium prices crashing a further 25 per cent, and nickel slumping 15 per cent over the next 12 months.www.afr.com
GS said that the recent recovery in battery metals, cobalt, nickel and Li carbonate did not signal the end of the bear market, but was due to short covering. GS said that the metals are likely to trade even lower over the next 12 months. Specifically, cobalt (-12%), nickel (-15%) and Li carbonate (-25%).
GS also stated that lithium markets will be in 150,000 tonne surplus in 2024, and 336,000 tonne surplus in 2025. This means that further supply cuts will be needed to rebalance supply and demand markets. Presumably, supply cuts will come from further mothballing of uneconomic projects, more marginal mines and processing facilities put into care and maintenance, and less spent on greenfield exploration and development.
GS’s 12-month price target for Li carbonate is now $US10,000/t (down from its previous prediction of $US11,000/t).
Watch the market and our recent gains fall away, and GS pick up brazillions on its self-serving predictions. Thanks again GS.
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I reckon my main stock should stay flat today. Call me NostradamusI suspect it's going to be a generally tough day on the market today
Hang in there folks and think good thoughts
Looks like another delay to the court case to next month....
View attachment 58561
No particular reason,this is how lawyers make money,draw it out Ca-ching Ca-ching!Any indication of the "reason" for the delay/postponement
Just wondering
GS, Morgans, Macquarie, in fact every farken insto is a bunch ofOur favorite shorter and recidivist manipulator, Goldman Sachs (GS) has struck gold again:
Lithium, nickel bear market ‘far from over’: Goldman
The broker now sees lithium prices crashing a further 25 per cent, and nickel slumping 15 per cent over the next 12 months.www.afr.com
GS said that the recent recovery in battery metals, cobalt, nickel and Li carbonate did not signal the end of the bear market, but was due to short covering. GS said that the metals are likely to trade even lower over the next 12 months. Specifically, cobalt (-12%), nickel (-15%) and Li carbonate (-25%).
GS also stated that lithium markets will be in 150,000 tonne surplus in 2024, and 336,000 tonne surplus in 2025. This means that further supply cuts will be needed to rebalance supply and demand markets. Presumably, supply cuts will come from further mothballing of uneconomic projects, more marginal mines and processing facilities put into care and maintenance, and less spent on greenfield exploration and development.
GS’s 12-month price target for Li carbonate is now $US10,000/t (down from its previous prediction of $US11,000/t).
Watch the market and our recent gains fall away, and GS pick up brazillions on its self-serving predictions. Thanks again GS.
You can get over the paywall by using the following:RemovePaywall | Free online paywall remover
Remove Paywall, free online paywall remover. Get access to articles without having to pay or login. Works on Bloomberg and hundreds more.www.removepaywall.comCheers
- Simply copy the required AFR URL
- Paste it to Remove Paywall
- Hit return
F
Hmmm that reminds me... i wonder what time my wife will be home..
You wear yellow nail polish?Hmmm that reminds me... i wonder what time my wife will be home..
Theyre green today for Green Lithium...You wear yellow nail polish?
Spoke to my contact last week, was told to expect an annoucement hopefully soon. No one on the board is available to talk until the announcement is made via the asx.
Yeah, geo alluded to an Announcement coming
She's at my house, I'll send her home soon Brick-head. Can't believe you desperado's are still here, hanging out in hope!. Btw thanks for all the Christmas and New Year greetings. I'll drop by again in a couple of Months, by for now friends ......
Sounds like something @H00ts would say. You can fuck right off!She's at my house, I'll send her home soon Brick-head. Can't believe you desperado's are still here, hanging out in hope!. Btw thanks for all the Christmas and New Year greetings. I'll drop by again in a couple of Months, by for now friends ......
Sounds like something @H00ts would say. You can fuck right off!
What a pussy, didnt hang around long enough to give me a time for me and the wifey to drop by..Sounds like something @H00ts would say. You can fuck right off!
Your choice of nail polish highly likely put him off mate.What a pussy, didnt hang around long enough to give me a time for me and the wifey to drop by..
Not sure? Celestin's wife in the most obvious and ridiculous conflict of interest is noted as the "president of the chamber" in the caseRegarding the Congolese court case that was meant to have Kibeyas wife as a judge. Anyone know what happened or is happening with that?? (Its probably been said before but I probs missed it)
Delayed?
Went to trial?
Outcome?
Could have something to do with Martin Bennet, being the Fat something something defence lawyer, having his hands full with being Linda Reynolds lawyer in the defamation case against Brittany Higgins and Co.Any indication of the "reason" for the delay/postponement
Just wondering