Ha ha ha ....had me going for a while there EJ !!...... as...

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captjohn

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110

01/01/19

20:45

Post #: 36997901
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Originally posted by El Jefe ↑

The rumours are its a huge off take deal.
Its a multi pronged deal with a global EV/battery leader/chemicals.
Its for a sector leading price of $US1000 per half tonne.
Supposedly Ganfeng is one of the parties involved also.
They will be blending all the Pilbara spodumene with Bald Hill product to bring it to premium specs. We will become the largest ASX listed producer of lithium in Australia if not the world within the next 12 months. We will have Ebitda dollars coming out of our bongholes. At that point the construction of the hydroxide plants will start in partnership with our new global leader friends., 12 trains supposedly, in and around the Widgie Tavern. This should all be outlined clearly post halt by the company.

Coincidentally the SP will be approx $16 and HotCopper will have gone into receivership because everybody in the lithium space will be making so much money and wont have time or need to post SP to the moon anymore, it will already be there. So no more rumours from that point onwards unfortunately. Lithium is to HotCopper as milk is to cookies.

Disclamer: Im sorry if you haven't realised yet, I just plucked that rumour from my ermmm bonghole but the theme would fit as a legitimate post in most lithium threads on HC.

…………………………………………………………………...

We asked for news flow post merger and soon we have some and I expect quite a bit more in Q1.
That saying comes into my head, be careful what you wish for, for no other reason than I have grown to be fearful before being optimistic. There is no shortage of optimism yet very few are making money. Anyways enough blabbering for one day

Happy New Year, you will find out soon, im going back to bed.

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Ha ha ha ....had me going for a while there EJ !!...... as usually very disciplined & matter of fact with posts!
always tick you on AJM ...its all a game ....cheers

A40 Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
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Ha ha ha ....had me going for a while there EJ !!...... as...

Top Stories

HotCopper Highlights: Your most watched stocks for Week 47, 2024

Scientific conference spotlights PYC's work on blindness disease treatment

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Sales growth pushes Lovisa's fortunes (and shares) upwards

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL