AVZ Discussion 2022
- Thread starter GazDix
- Start date
Skar
Regular
Where you been... there has been a bit of M&A in the lithium space.
Rio bought arcadium
SQM/Hancock bought Azure
PLS bought Latin Resources
Current SC6 price is 800USD/t, was 5000USD/t (I think)... you are right every demand forecasts massive growth for decades... you really gotta think the longer we hold out the better positioned we are ... especially since the current low prices are pricing out all the explorers meaning future supply is all the more contrained as current feasible projects run dry and are not replaced by new projects (given this slump). It really is as Joe Lowry says High Prices fix high prices, low prices fix low prices.... i.e boom and bust cycles.
As to China, they just do business a different way but with alternate chemical supply chains on the cards they cant manipulate the price as easily as they have (they are spending a fortune processing their dirty lepidolite to suppress the spod price). Surely they cant do that forever and something has got to give.
cruiser51
Top 20
I actually thought the ore body was much larger, it is open at the lower end, but not drilled out.
AVZ knows that, Zijin knows that, Rio knows that and Kobold knows that.
I believe the reserves are only the top section which was drilled out and even the drilling program on the top stopped because of all the shit which was happening.
So the 669 million tonnes is only the tip of the iceberg and the low hanging fruit, but the entire resource is much larger.
In my opinion Kobold is attempting to buy a top of the range Rolls Royce, while only trying to pay for a clapped out Trabant.
Just a minor point....
About the Trabant....
cruiser51
Top 20
Catl is using the lepidolite, BYD is sourcing their lithium from Brazil.
Frank
Top 20
I still hope we’ll look back at this nightmare roller coaster after we receive a fair payout and think wow, all things considered these delays actually worked out for the best.
I Hope and Pray If / when we get a Fair and Reasonable Payout after this Nightmare Roller Coaster Shit Show is over and if we do Finally go Wow it actually worked out
That -
1/ Nigel & Ben can do one last Lap around Oz and spend some time to speak freely and openly about everything that went down to Shareholders in a more relaxed environment before Riding off into the Sunset
Also that -
2/ John's Wife / Widow knows exactly what's happening and gets a Large Payout for their Pain & Suffering and that this Shit Show finally delivers something positive for his Family after all these Years - Gone too soon - He should've been here for this !
RIP John
P.S - I hope someone here is still in touch or can contact his Wife or Family members in the West
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Mr Inappropriate
Regular
In one post August’s credibility goes to zero.
As stated earlier August was just calling the guy out who said he'd be taking a loss even at $1USD, by saying bs the share price has never even hit $1USD
David Krappenschitz
Regular
Didn’t August say recently on X that he thought fair value/compensation was somewhere $5-7.5B USD? Surely he hasn’t done a complete flip flop?
correct
Hodlandwin69
Regular
Brah, he just started a fact, relax.
The guy can't be out of pocket and is talking shite. (Not taking into account opportunity cost)
rocknrolla
Regular
At all time high share price and at that time the dollar was 0.75 so it was worth a buck.
Xerof
Is There Anybody Out There 1979
https://x.com/kobold_metals/status/1920944329238954071?s=46
Typical
edit, this link was removed but you'll find it again below via mute22 post
Typical
edit, this link was removed but you'll find it again below via mute22 post
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LOCKY82
Regular
Are these guys on the same page at all with their media releases??
In the last few seconds of watching it was switched to private
Link not working did anyone take a screenshot
BRICK
Where’s Zeebot 😶🌫️
removed already??
Sure did, and by the time I went to comment "Huge deposit. What was the "purchase" price?" the post was goneLink not working did anyone take a screenshot
Did they just strike a deal while we slept or did Kobold catch the full retard Congo virus whilst over there, nfi, but oh my the timing of everything over the last few years has been complete chaos. One thing is for sure, Nige you now need another annoucement asap, I mean asap, yes today, or get Kobold to correct their very strange blatant comment. A company has just stated that they bought our 75%, yalla, wakey wakey Nige wtaf. I think Mr.Pei might be calling too (if he's not in on any deal)
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BRICK
Where’s Zeebot 😶🌫️
NF probably got on the phone and said shutthefuckup.
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