I believe Chinese will take it over, but when and at what price?...

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8horse

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11/03/19

11:15

Post #: 37717739
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Originally posted by PASBOZ ↑

So CATL are waiting on DFS / tax concession/ met test, before green switch activated IF mid year is the time frame.?
supposedly then Huayou + CATL have sorted out their differences considering Huayou are aligned with LG CHEM who are direct competitors with CATL.
https://www.benchmarkminerals.com/l...ode-landscape-for-electric-vehicle-batteries/

The partnership will see a 40,000 tpa lithium ion battery precursor plant and a 40,000 tpa cathode plant being constructed within China over the next 18 months. Both are being installed with a capacity expansion to 100,000 tpa each in mind.
"this is a significant amount."
Manono has the size and quality to supply both CATL and LG CHEM even if they are competitors.

8 Horse post 10/03/19Time:22:22:50Post #:37714459 highlights how difficult for non chinese group to be involved except for Glencore.

My only concern is if Chinese Inc keep promising one thing and do another.
Further CR with Patos at 2c and less is not an option and management need plan B .
ALL IMO

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I believe Chinese will take it over, but when and at what price?

Currently lithium sector is at temporary bottom, might be similar to where iron ore price was smashed down to A S$30s. If Chinese companies are smart (which I believe they are), they would take actions at the bottom of the cycle, imo.

AVZ Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
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I believe Chinese will take it over, but when and at what price?...

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