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14/03/19
21:20
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Originally posted by stevo 111
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As a recent investor and holder of multiple lithium stocks, this one comes in second for laughs and BS.
GXY beats you just due to the three Mouseketeers that peddle their downware non stop, I have noticed they take public holidays off and are less prolific in the weekends. Suppose when then the boss is off they to can take a break.
We here have a colourful bunch of characters, to be honest most of them actually have a clue, unlike some of the munters on ignore elsewhere.
The information shared on this stock with a MC of a mere 100m is astounding. You have some incredible talent here on both sides of the fence, and I try to find time to read all of it.
My brief summary of where we sit.
Complicated situation.
MASSIVE RESOURCE.
Don’t get any better, only Greenbushes has returned better purity’s. AVZ’s resource is currently 400mt, but that could change. Sheet that right, worlds largest single resource with purity of 1.66 going higher
Transportation issues are the least of you’re worry’s team, those problems are easily resolved, you build a road, railway to a port. Sounds simple and it is, it will happen.
People seem to forget that when a lot of money is on the table, hands on the table first are the ones that want to get the job done.
The issue now is whose going to frick us first, we are at a dangerous stage, ripe for anything.
This is where I agree with many in the fact that we need a strong MD to control the nexts legs, these will not be easy negotiations especially when dealing with the Chinese.
There are so many plays in this stock it blows my mind.
What are we today is just a grain of sand on the beach.
Going no where see some of you in the $$’s
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It cost a lot to built railway and maintain them. we are here talking about may be max of 1 billion resource. for 300km Plus km, we are looking at atleast 5billion$. who is going to fund it. Rio tinto has a vast high grade iron ore in simondou. but the project has gone no where due to transportation cost...