T O P
rsoule878

ASN pre market is going off


Zanerobe

I tried to sell some in the after market yesterday so glad my order didn’t get filled watching it this morning


rsoule878

Think this will bounce all over the place until DFS is in.


Kind_West7116

When are they looking at releasing that? I'm hanging on waiting lol 😆


rsoule878

Resource upgrade from second well required before they can release the DFS. Around a month I would think


Kind_West7116

Thankyou 🤗


ZuperElectro12

capital raise LOT, might be a nice discount


Far_Unit9020

MLX financials looking healthy, future depends heavily on tin price


hillsy13692

Good AGE announcement


Alkaros

That CAU premarket price 🤤


TypeJack

IMA: half yearly report less production but way higher profit, margin. Interesting to see how the market reacts.


rattled1315

Can’t read the announcement but is that a RLT directors selling shares? 🙄


maybethough

Tiny amount but yeah, a director of the subsidiary


rattled1315

Thanks! Unable to actually read the announcement at wurk


desperaste

CAU looking to have an absolutely enormous opening price. Wonder if they’ve picked up some institutional investors somewhere.


InterestingShow1112

I wasn’t dreaming, SBR has got (maybe) Uranium sites and in the NT


infntie

I was just about to say this too. Yesterday was a nickel explorer and last year was a gold explorer. Now drilling for uranium too 🤧 Ideal result would be to simultaneously hit higher nickel grades under Sherlock Bay and find some uranium ☢️ Was disappointed with the price reversal earlier in the week but will keep holding


InterestingShow1112

Yeah I’m new and in at 4-5, so still green. Seems like a heap of potential just need that volume to wash through and 🚀🤞


Massive_Button9434

🐢 update in typical 🐢 fashion Explains why it topped the leaderboard by a long shot in joshies list yesterday


nohorncap

SHED WITH WALLS 🚀🚀🚀🚀 https://i.imgur.com/m9B8WjF.jpg


Crumpy88

Fuck, that's like 8 walls


AureusStone

You know if you don't put a ticker code in your post, the majority won't know what you are talking about. AGY?


Crumpy88

If ya know ya know 🐢


AureusStone

⏰🗣️


JSwyft

AGY expecting battery grade product in October ([p.1](https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02562548-6A1107394?access_token=83ff96335c2d45a094df02a206a39ff4)). Quicker than I'd hoped—there's the advantage to having a small plant I suppose. Watching this one with a lot of interest over their 10ktpa funding. If ASN can release their DFS soon, and AGY completes a cap raise afterwards, could be an amazing rotation. Or even better for AGY holders: some kind of assisted debt funding to minimise/stop dilution. But without Argentinian product being able to plug into the USA EV tax credit scheme, could be a tall order. Maybe a Japanese company will show some ambition for once...


Franksareforcucks

So the 2ktpa is pushed forward from Q2 2023, to October? If so, Instills a lot of confidence in me knowing that they are this ahead of their own timelines. Available to the spot market as well!


JSwyft

Looking promising for next quarter, but "commerical operations" is a very broad term in the cathode materials world. Maybe call it Q1 next year for full production if they don't need to qualify? Still excellent regardless. If one offtaker gets both stage 1 & 2 product, it should accelerate their 10ktpa production to as early as Jan 2025 (brief qualification period). Definitely some upside there, too. Looking very tempting at 36c to be sure. Probably just need to get the cap raise monkey off their backs.


Ok_iamaskidmark_3620

boomer pricks shitting themselves over the 5,000,000 for sale at 28 & 28.5


9aaa73f0

Remember that big 180kt prawn farm being built up on NT/WA border, project sea-dragon, run by SFG. They brought this well respected guy and CFO to run the project and company, he subsequently said it wasn't viable and they left. Original storytellers are back in charge trying to continue the project, $75m loss on $20m revenue, only $13m of that is impairments. Accumulated losses stand at $179m


EMHURLEY

That certainly sounds like a company worthy of this sub, gives me fish guts vibes.


FrankGrimesss

Knife goes in, guts come out


WowVeryJosh

Cash goes in, losses come out


Embarrassed_Land_728

A sleepless night wondering if moweth was right all along about vml 😝


insane9001

There's a name I had forgotten..


That_Bored7522

Anyone looking at Silex (SLX)? Uranium enrichment tech, 3x in past 3 months. Wondering if this is the top?


Hagrids_beard_

Here's hoping...I put off getting in at $1.60 thinking it wouldn't keep going up when everything else on the ASX was crashing and burning ☹️


Joey333

The boomers on hot copper have a firm viagra-induced chubby for IVZ again today, so watch this thing go red today.


james2464

There's one uranium stock the pumpers aren't mentioning and that's DEV. Backed by Timothy Goyder who brought us CHN, LTR, and MI6 etc. They have a massive high grade resource previously mined in the NT, currently drilling with initial results out and 23mil in cash on hand. Management holds a large amount of shares. If I were investing in uranium I'd be suspicious of the pumpers and curious about the ones flying under the radar.


Ozemuss

Dev was mentioned here over a year ago…


Big_Package2650

I don't know Timothy Goyders work but I'm not a big fan of Tom Cruise movies


Alawthrowaway

ASIC? Yep, this one right here.


coastie_trader

I’m pumped!


kangaroute

that wasnt even a diguised pump, lol


HarryChives

This is a pump


coastie_trader

Spit-Roast Thursday. Yum!


acenoix

Lithium actually held up pretty well overnight despite the overall market.


SunkDestroyer

Super bullish decade ahead


NONE_GlVEN

HIO is at 420 right now... putting the green in green steel


BoganSpecCommo

I love coal


captain007

Coal makes me cum


Calculated-Punt

I love uranium ☢ And also fried chicken burgers 🍔 😋


SunkDestroyer

Crunchy uranium chicken burgers are on the menu!


okgoo12

For the love of hell lets not turn into what wallstbets has become. Just a wave of bbby vomit. Cant find any information about shares. I actually came to the realisation that 75% of users there has to be bots? Do u agree? I got familiar with twitter bots pumping shit coins on twitter and know what they sound like.


maybethough

I had a similar thought last night. I was looking at the replies to the new James Webb telescope pic and there was so much weird conspiracy shit about it all being fake. I really hope it's all russian bots again.


poptartape

US closed red but wasn’t that bad, DOW down -0.54% However ASX futures seem to be doing much worse and we are looking at almost a -1% drop at open.


Mayijoinyou

buying opportunity?


poptartape

Wake me up when the XJO hits 6400 and I’ll open my wallet


NoDuffTrading

We get the double dicking of red US overnight and red US futures = punished twice


WeatherOutside

Yeah dow futures tricked the asx twice in a row. Asx dont like being tricked.


OddCan50

Septembear


BigKevStocking

Wake me up, when September ends


9aaa73f0

Octo-bear looking pretty ominous.


maybethough

How dare you talk about Stonktober like that


9aaa73f0

Stonktobear


maybethough

Well played sir


Mayijoinyou

No ! Septembull


Hypertrollz

Grrrrrrrrrrrrrrrr!


wuhanlabrador

RNpoo is looking tempting at 19c, as is becoming a WINner at 30c. Each have halved from their ATHs...


PowerBottomBear92

I fucking love doing lines and I love trading. From what I can see though there is a lot of pumpers and miners that don't mix. You are selling a product to someone who's willing to pay you more for your product than he can actually get out of it. I find that rewarding, and the effort is worth something. Not necessarily in dollars, but in effort to share your love for this activity. It takes real pride in the work to run a business like that. Now to me it's the logical thing to do. But here in the modern world there are those that think the game is down down down. That the transaction is a loser for all. Some think that if it's cold and there's not a thrill involved then there's no point to do it. All this is down to your perspective of what is good.This is the viewpoint of those that keep popping out in groups of 12 to 15 hotcopper posters. They like to do this so that they can generate revenue and feed their greed. However like with most businesses it is a mixture of dumb and smart people doing dumb things that still generate profits.I hate when I see it on forums. When people post things like "I don't wanna do some mining shit because it's hot and it's full of cunts." I mean honestly it's people like you downingers that keep that company profitable. It keeps those greedy boomers pumping down the screw around and making your sales go down even further. The main reason I have bought into a company to give me the capital to grow this business and keep it profitable is because of those hotropper profits that keep this business thriving. It takes less people on the forume to fill that demand and pump those greedy pumpers up the hill.You see a bit of how profit is made in a business with things like quantity and quantity and profit.You profit when it fills up, so your current capacity is a reduction of profit.However the work you do to fill the demand is a reduction of profit, so it's not really a straight forward equation if you know what I mean


Asxpuntingmuppet

It’s coke fuelled rants like this that keep me lurking here , take my award you big beautiful autistic bear


zemadfrenchman

Aussie coke is very similar to the ASX - fuck all volume, the prices are stupid and the underlying quality is extremely questionable


EMHURLEY

I love that this was posted at 4am Sydney time too 😂


raindog_

Paying for coke in Australia is the one thing that is more autistic than this sub. Close to the most expensive price per gram in the world for the shittiest grade of the product. It would like be paying $25,000 for an iPhone 3G today.


Morrrris12

CanTEST results support this theory


EMHURLEY

Those results have been amazing 😂


Mayijoinyou

More than a couple of lines in this paragraph


kangaroute

there's the proof- you do like doing lines


9aaa73f0

I'll trade you a paragraph if your interested Hardly used 'as new' condition Willing to trade for full stops and commas


Crumpy88

Looks like you ran out of stock of ‘You’re’


9aaa73f0

Fair cop


lanpup

That’s a phat line


Hot_Acanthocephala53

Quite a battle of bull and bears in the US markets this morn


sneakycutler

US indices / Futures a little red. Uranium more red.


Biggunzmcgeee

FuTuReS aRe rEd


sneakycutler

Still red


Biggunzmcgeee

We're not colourblind champion. Put some effort into this sub


sneakycutler

Dont tell me what to do cunt.


BadWantMoneyNowMeSic

In the time of chimpanzees I was a monkey


Simonpink

Butane in my veins.


NONE_GlVEN

While I become a junkie


Asxpuntingmuppet

RTR , might have a punt on this junior , sounds like could have a big pile o zinc


ImAsquirrel77

DD clearly checks out…


Asxpuntingmuppet

As you can probably tell I’m modelling my DD technique on jswyft , it’s just a very edited version in these early stages .


PowerBottomBear92

Got in on IVZ at .24 today. Back on the hype train woo woo no brakes daddy needs more coke party weeeee


poptartape

Volume was large today. Lots of stock churned and I’d have a guess it’s green on the weekly for the next 3 weeks straight


PowerBottomBear92

If ScoMic makes this happen there will be thousands of randy pensioners throwing their undies at him like a rockstar


maybethough

Wonder how those #silversqueeze blokes are holding up


Rosencrantz1710

Yeah what was that all about? Seems to have disappeared without a trace


maybethough

📉 homer_hedge.gif


Calm_Lengths

Silver prices have performed worse than gold, and gold prices are already considered to be in the toilet 🤮


D3K91

Silver performs worse than gold when gold performs poorly, but outperforms gold when gold performs well.


OddCan50

I finished watching the boys, pretty good tv show Recommend me something new and exciting, bonus points if it’s similar


scyllallycs

Misfits is one of my faves. Fucking excellent. Stop after season 3 though cause it goes to shit


9aaa73f0

Severance is 'freshest' thing I have seen for years. So fresh I nearly stopped half way through first episode, it's difficult to get the concept and how it can work. Not action, so I lose the precious bonus points...


Baked_Potato22

Invincible is great and very similar.


stonefree251

I always recommend season 1 of Futureman. Just started on The Bear. First episode was manic, but settles into a great rythym after that.


Sloppy_moes

As an ex chef, nothing gets my anxiety going like "The Bear". Unbelievable show that does a great job to recreate the legitimate chaos and pressure of a commercial kitchen . Also "The Bear"... Is a topical name, to say the least


Different_Figure_923

I thought you said season 1 of Futurama and I’m sad that you didn’t, so I’m going to recommend season 1 of Futurama. It really is great and if you’ve seen it already, why not watch it again?


stonefree251

I thought you said season 1 of Futureman. I have seen it already, but i think I might watch it again.


FNMHero

I thought you said Furnitureman and I'm sad that you didn't because I need a hand with this Ikea cabinet.


Sharp_Pride7092

Allenkeyman...many painful episodes.


kangaroute

watch "dude, wheres the assembly page" before Allenkeyman- its the prequel


AltruisticCurtains

WSB ought to go back to its normal levels of trashy after this news is absorbed: [https://www.cnbc.com/2022/08/31/bed-bath-beyond-shares-crater-after-meme-stock-files-share-offering-of-undisclosed-amount.html](https://www.cnbc.com/2022/08/31/bed-bath-beyond-shares-crater-after-meme-stock-files-share-offering-of-undisclosed-amount.html)


WowVeryJosh

Unfortunately its forever tainted and all you're going to read about for the next 12 months is why the "sh0rT squUUeze is right around the cOrneR!!!


litres-of-cum

On a serious note. How much money do you think you could make selling slob-jobs to desperate old blokes on grindr every week. Surely this is what Gary Vee meant when he said find a side hustle?


viserys-the-dragon

It’s free on grindr so wrong market. If you make an account you’ll get flooded with likes/requests within an hour honestly


yippikiyayay

Love the chaos vibes with this one.


rattled1315

Username checks out


BYA_studio

CAU going to pay dividends? Big few days


desperaste

Yep, 1c per share. I had to do a double take. I’m walking away with $2500 in free money from a penny stock. Wonderful


sneakycutler

When PLS pullback?


[deleted]

$4


sneakycutler

Cant see it reaching $4 this week or the next. Maybe after.


GeoSciFi

Probably when Li prices trend lower: [https://www.benchmarkminerals.com/lithium-prices/](https://www.benchmarkminerals.com/lithium-prices/)


WowVeryJosh

Turtle at the top of the [producers daily gain%](https://imgur.com/a/1ncD3dL), lets fucking go 🐢


sneakycutler

This table is so disordered lol


WowVeryJosh

Its only automatically filtered by daily % gain, everything else don't care too much about


GeoSciFi

This is partially why I steer clear of small Aussie miners in Africa: [https://www.smh.com.au/interactive/2022/blood-gold/index.html](https://www.smh.com.au/interactive/2022/blood-gold/index.html?collection=p5bd06)


rsoule878

Been burnt by a Chinese company few years back. Never touch anything out of that dumpster again. Wild west of stocks and no rule of law.


Massive_Button9434

who said nearology doesn't pay off....


Sharp_Pride7092

NWE about nine years ago...AWE for x-ref, they were taken over by ?


raindog_

Those 3D views of the underground shafts & trespasses were great! Thanks for the post.


Mast3rfinish25

Knees weak cause these oil stocks bags are heavy Tomorrow all I’ll probably see is red, cause my stop losses aren’t ready Must have wrote down the wrong codes cause now all I can afford is spaghetti This is what happens when I lose myself in the Invictus the Woodside and the santy..


EMHURLEY

I liked this market better when WHC was powering along.


captain007

She is still powering along. Looking forward to my $6k in dividends in a couple weeks. Coal prices $400+ for the next few months. We ballinnnn


EMHURLEY

I know the price is down today due to ex divvy date but it still stings. You’re right though, definitely looking forward to those juicy divvies


captain007

I mean, in a way, it's actually up. Dividend plus franking credits is about 55c (which is what it should drop by) but it's only dropped about 25c.


EMHURLEY

Is that 55c calc of divvies plus franking credits assuming an investor’s marginal tax rate of 30-35%?


captain007

Correct. If you're earning under 120k almost certainly no extra tax burden. Earning between 120 and 180k your extra tax burden is like maybe 5-8c out of your 40c FF dividend. (Off the top of my head calculations). If you're earning 180k you can fuck off and pay the extra tax


EMHURLEY

Okay sweet I’ll be hovering around/just under 120 (gross, and not including super right?)


captain007

You'll be sweet


degenmaximus

What about when TMZ was 15c ?? Sorry, coming from a fellow (still) bag holder 😂


EMHURLEY

Don’t remind me… Tripled my money during the bull run and didn’t sell like a fuckwit. Now 80% down which I deserve, lesson learnt about taking profits! I’m just sitting on them now to use the loss to offset profits elsewhere, I have very low hopes of management pulling a rabbit out of their hat.


Sufficient_Guess2732

Wake me up before you fo-mo Don't leave me hanging on to a bag-hold Wake me up before you fo-mo I don't wanna miss it when you hit that high


Denominator_K

Thanks. Stuck in my head now.


shitredditsays01

I'm stuck with you


ImAsquirrel77

Well I don't know why I came here tonight I've got the feeling that something ain't right I'm so scared in case I fall off my chair And I'm wondering how I'll get down the stairs…


Denominator_K

Short straw huh?


KoalaValley

AVZ opens tomorrow or it gets deleted from the ASX200 index! (Theoretically)


Far_Unit9020

I doubt it will open tomorrow. Can't believe my super probably had to buy into that dog.


desperaste

Haha is that dogshit still around? Wow. Blast from the past.


Mysterious_Value_764

It's so 2021


shitredditsays01

BULLISH, even the ABC and news companies are getting on the EV green revolution https://www.youtube.com/watch?v=kbaOIMdz6L8


okgoo12

Pronably abc 4th vid about ev minerals in 4 months


Webpage9

Okay, VML rocket now, Lion Butt take it away. I've finished building my position. 🤰🏾


Calm_Lengths

You me both! Awaiting the fabled 17c!


Webpage9

wooooooo now that we have access to some of that ol' Macquarie Millionaires' Factory fairy dust, they better sprinkle that shit everywhere and up everything 🤰🏾


Altruistic_Art324

Does today present a good opportunity to jump on IVZ? On the fence about it.


lanpup

rumours only: it'll pump to \~30 before the instos can sell shortly, then it'll drop their buy in (23c)


TypeJack

Welp, futures are slipping.


Sharp_Pride7092

Back to ...


Meaty0gre

Noodles?


Sid_Arthur

Plebian ASX stocks: "Man this economic downturn has hurt us but I'm sure we'll bounce back!" Galaxybrain AVZ and HNR: *Infinite suspension*


Ryzi1234

Gold looking likely to drop below 1700. Ffs.


EMHURLEY

The shittest asset class, stuffing your money under a mattress and then buying lots of mattresses would be a better inflation hedge.


Sharp_Pride7092

You can at least eat your mattress & trap Zombies with the springs.


ChZakalwe

So I had a conversation with a guy. I'm Revising my IXR 2.5c comments. IXR 2c!


kangaroute

was this "guy" in your bathroom mirror?


Sharp_Pride7092

15 cents by/before Xmas ya prole.


ChZakalwe

Religion and class... you disgust me.


Doomkoon4648

Fuck u i just bought 1mil more at 4.7 better stay at 5c


tsaund1974

So you have almost 5 million now! I topped up in the fours as well but with a few less 0s on the share number!


Doomkoon4648

Close ocd is killing me haha


tsaund1974

Well if it hits the much anticipated 10+ cents itll be far and away my largest $ gain in the current PF!


Calm_Lengths

Looking forward to it return and exceed 9c


tsaund1974

No I want it to get past that so Doom can post $100k+ gains when it goes up a few cents!


Doomkoon4648

Bloody oath


ChZakalwe

I'm surprised you jumped the VML ship.


Doomkoon4648

Circumstances change u need to reassess


Known_Signature7341

Doom I was wondering if you were gonna chuck your VML money into IXR today!


JSwyft

Well you probably figured something was afoot based on lithium share price action. 14 Chinese lithium carbonate spot markets have been recorded this week, and all but one of them rose. The Shandong Yinglang market soared 8% to ¥530k/t, just ¥10k shy of an all time high within China. Platts's update is [here](https://twitter.com/globallithium/status/1564245651529113602/photo/1). FY reports have arrived for the big 5, and here's how they stack up. I just realized I forgot to include debt, but I can't be bothered adding it now: ||\*\*Market Cap\*\*|\*\*FY22 NPAT\*\*|\*\*Cash (dividend paid)\*\*| :--|:-:|:-:|:-:| |MIN|$12.1b|$351m|$2.4b ($324m)| |PLS|$10.9b|$562m|$874m (-)| |IGO|$10.2b|$331m|$367m ($114m)| |AKE|$8.9b|$491m|$968m (-)| |LYC|$8.0b|$541m|$966m (-)| Better from MIN than I expected. They've reiterated their commitment to hydroxide over spodumene, though it looks like they'll release another \~20kt this quarter, mostly likely to Tianqi. [Ellison has complained about Albemarle's contract pricing](https://stockhead.com.au/resources/ground-breakers-minres-boss-wants-to-know-what-goldman-sachs-was-smoking-when-it-called-the-end-of-the-lithium-boom/), and negotiated MIN's Kemerton share down to 15% in exchange for an additional 10% of Wodgina ([p.37](https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02559896-6A1106530?access_token=83ff96335c2d45a094df02a206a39ff4)). That pretty much confirms my belief that the Kemerton contracts are multi-year fixed rubbish, something I believe many analysts didn't factor in. And I still think analysts don't get the hydroxide complexity: it's tedious, it's done to spec, and MIN have guided at least a 6 month qualification period for Kem 1 ([p.39](https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02559896-6A1106530?access_token=83ff96335c2d45a094df02a206a39ff4)). That means no Kemerton 2 revenue for MIN this financial year, but contributing FY24. So now MIN have a 5yr plan to produce 118ktpa of hydroxide ([p.40](https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02559896-6A1106530?access_token=83ff96335c2d45a094df02a206a39ff4)), but their best possible late 2024 production needs to be revised down to 97.5ktpa. However, there's an implication that facilities to convert Wodgina spodumene are awaiting funding and construction, which means it's probably closer to 64ktpa by 2024, with whatever they can toll temporarily (3rd party processing for a cut of the profits). And they'll need A$1.2b in funding if it's located in Australia, as is inferenced. I mentioned my skepticism about PLS pursuing a hydroxide strategy, and the above is why. Despite MIN's great assets, the boom could be over by the time they get above 100ktpa of hydroxide on their own steam, not to mention the cash drain. Ellison also mentioned his interest in domestic battery making ([p.41](https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02559896-6A1106530?access_token=83ff96335c2d45a094df02a206a39ff4)), which I think is foolishness. I still believe in MIN's lithium asset and positioning generally: when you're in a lithium expansion race, quality operational hard rock assets always win. But with such a highly technical, expensive strategy, and an average iron ore price achieved of US$84/t last FY, I'm still don't think analysts respect their challenges enough.


Esquatcho_Mundo

Pls should really pay a dividend… any idea what they’re saving for?


JSwyft

u/100BASE-TX mentioned the franking credits, though overall I think they're still considering their options. I made a mistake with an updated offtake of PLS's, which means they'll only have 400ktpa of spodumene uncontracted after 2024, not 500ktpa. A plant to convert all of that according to previous tentative CAPEX guidance would be \~US$600m (across FY24). So in that respect, I think they have excess funds, no matter how much P1000 costs escalate. Gwangyang (Posco) needs no further payments. I guess the dividend question all comes down to whether you believe in the perpetual lithium deficit, which I'm heavily against. Howard Klein believes in it, which is why he gave the ridiculous financial advice to Henderson in the Rock Stock interview linked by 100BASE. He encouraged PLS to look for assets in North America, yet no tier 1 discoveries have been located there so far. AKE arguably hold the best asset in James Bay, and it would need to triple in order to make a 'big 6' of tier 1 hard rock assets (big 8 if you include riskier African assets). So among other things, Klein is arguing that PLS should speculate on our behalf in explorers—no thanks. I can do that far more nimbly as as retail investor if PLS provide me with a dividend (or buyback with which to sell into). Seeing as I think we're at the top of a cycle, I don't want them buying into any assets right now. I should watch the interview again, but in line with what 100BASE said, my recollection is that Henderson prioritised midstream as a strategy, potentially looking at other hard rock assets (their area of expertise), preferably located in Australia. Could be wrong.


100BASE-TX

From what I've gathered, there's complications releasing money until later in the year due to the structure of the entities... Or something. I've also seen speculation that they would hold off until they can pay out with franking credits. But this is all just shit I'm probably wrong about, just regurgitating stuff I probably read from some hotcrapper boomer who also has no idea. In a recent interview the new ceo (Dale Henderson) said they would be releasing a capital management strategy later in the year, so guess we'll have a more concrete picture then. Link to interview here: https://youtu.be/X1FcKoS-NU8 Dale in that interview pretty much confirms they are interested in JV or acquisition of spodumene projects in safe jurisdictions. The old CEO Ken Brinsden moved across to Patriot Battery Metals listed in Canada, perhaps we'll see some sort of JV happen there. The rationale is that they have significant expertise and now capital to deploy. Think u/jswyft is on the money RE the chemical plant being a bit of a dead duck. Using available capital to grow spod capacity and hopefully getting calix going seems to be right play. P1000 and beyond is probably the best value for money on that front, but I guess there's only so fast you can progress that no matter how much money you throw at it. The counter argument is that with the market being so hot right now, maybe it's a bad time to be trying to be trying to acquire resources. But with forecasts seemingly becoming ever more bullish, maybe there simply won't be a better time to do it any time soon.


kervio

Wild that PLS and AKE doing more profit than MIN. Lithium is nuts!


Mysterious_Value_764

PLS and AKE 💪


drhip

Man this is ASX-bets not ASX-invest 😎


100BASE-TX

Yeah why make informed decisions when you can yolo on some dogshit BNPL meme stonk, think of the tasty "portfolio down 92%, ramen tonight boys" memes.


Meh-Levolent

Gonna watch MNS go up, or possibly down, or maybe sideways.


ChZakalwe

So. MAY. Oil?


prettyboiclique

Sorry bro, I culled a dog and put the remainder into MAY. It’s gonna drill now


rsoule878

Maybe


ChZakalwe

Don't give me that horseshit. Cuban Saudi Arabia when?


rsoule878

in about 300m best guess. 2 to 3 weeks. Saludos and as-salaam comrade.


plantbird

Looking forward to more Nitro (NTO) gains as Potentia's takeover bid continues


wuhanlabrador

Fucking IVZ...


Blisser_the_Sniff

get him boys