By - AutoModerator
Can we petition to get ANL in there - who wouldn't want to gift their colleague, boss, friend or family member with some ANL..?
You guys ready for quad witching tonight? If you don't know what quad witching is, it's when the retrenchment of the fibonacci sequence along the 45th degree of the inversion parallax implies a double or triple index-trenched helix downturn in derivative markets.
Cunt. Ive ingested enough psychedelics to kill a small village and even I'm gonna say you don't even know what the fuck you're on about.
My mind went straight to a half double decaffeinated half-caf, with a twist of lemon
Can you make me a vanilla chai plz.
Wouldn’t miss it for the world
We all know what is
Don’t try to dumb it down
All I wanna know is who is fuk. 🐻 Or 🐂?
It depends on whether the helix index is double or triple trenched.
LKE finishing green among a sea of red just confirms I have no fucking idea
Anyone know the full scoop on NAE? +100% today.
I’ve had my eye on it for a while, not because of any DD, more just my regard sense was tingling. Knew I shoulda bought in…
Thanks in advance xx
Could be way off but might be due to KAI starting to chase lithium and they are neighbours
Six pips, quick sticks
Pump it up then call it quits
Announcement means no speeding tix
Retail retards shitting bricks
There's my daily poetry I hope you like it xx
Correction happening with YAL might be opportunity to buy some
DAE BUY MY STONK IT GON BAG YUGE
I don't know what potash is and at this point I'm too afraid to ask
Po-tash, you know, boil em, mash em, stick em in a stew
You say poe-tashoh, I say poe-tissue
It's the stuff you find in the soil under lemon trees.
Both sides of the LKE civil war on HC can be summarized with one sound "rrrreeeeeee"
Lithium Avengers gang will make a come back
Interesting after market action on ACW.... I'll take it!
INR rubbed one out at end of day 💦
Thats funny. Speed wank!
Is there any explanation for the huge aftermarket trades for IHL and NMT? Is it there some rebalancing stuff going on? Thanks.
where can you see aftermarket trades?
Needed to re-up before 4:20
Barry got on the mushies
What’s with the huge orders for LKE and RBL at close?
Spent the whole day in the red then finished down $68.00. I’ll take it
Odd INR went green but I'll take it
Damn LKE and IHL got pumped in the auction. Made my port look respectable today.
they all did it. you have heard of a bear trap, bull trap. That my dear friend is what we call a Barry Trap. I knew he was up to something when he left for work today.
The one stock I'm looking at accumulating never seems to drop much on these down days
[Truck believed to be carrying lubricant and dildos flips on US Highway](https://www.news.com.au/technology/motoring/on-the-road/truck-believed-to-be-carrying-lubricant-and-dildos-flips-on-us-highway/news-story/ceb650d939ffc0f031a39a832874228a)
Tragic news for DLC
"Its load was strewn over the motorway.." talk about a missed opportunity
[Landmark green hydrogen go-ahead in Pilbara](https://www.afr.com/companies/energy/landmark-green-hydrogen-go-ahead-in-pilbara-20220916-p5bill) \- AFR
France’s Engie has pressed the button on construction of an $87 million green hydrogen project in Western Australia’s Pilbara region, representing the country’s first commitment to an industrial-scale plant in the fast-emerging industry for the carbon-free fuel.
The plant, which is backed by Japanese trading giant Mitsui, will be 10 times bigger than the largest renewable energy-powered electrolyser now in operation in Australia but still a fraction of what would be required to support an export-scale hydrogen operation.
Andrew Hyland, head of Engie in Australia, said the company aimed to use the Yuri project as a precursor for a separate, much larger green hydrogen plant also in the Pilbara that would be of sufficient scale to be viable for exports.
“The next project will be 10 or 20 times the size,” Mr Hyland told AFR Weekend before a formal event at the project site near Karratha. The event will be attended by WA Hydrogen Industry Minister Alannah MacTiernan, the head of the Australian Renewable Energy Agency (ARENA), which is providing more than half the funding, and representatives from fertiliser company Yara, which will use the green hydrogen.
“This one is a fantastic learning platform for ourselves, for Engie globally and for the industry itself to see a project like this being brought into construction,” Mr Hyland said.
The Yuri project will involve a 10-megawatt electrolyser powered by 18 MW of solar PV and supported by an 8 MW lithium-ion battery system with about 40 minutes of storage at full power. It will produce up to 640 tonnes a year of renewable hydrogen that will be used as feedstock for Yara’s ammonia plant near Karratha.
Construction will start in November and is due for completion in 2024.
The Yuri project is one of dozens that have been proposed around the country amid a frenzy of interest in green hydrogen as a potentially huge new clean energy export industry for Australia. The projects would supply traditional commodity customers in Asia and potentially regions as far away as Europe, where Germany is eagerly hunting competitive sources of the fuel.
ARENA is providing $47.5 million of funding for the plant through its Renewable Hydrogen Deployment Fund, intended to help projects in the fledgling industry get off the ground. A further $2 million will be provided by the WA government’s renewable hydrogen fund.
Mitsui, a longstanding partner of Engie operations in Australia, has agreed to buy 28 per cent of the joint venture company for the project.
ARENA chief executive Darren Miller said the Yuri project is “Australia’s first really substantial renewable hydrogen project, and is one of the largest so far in the world”. He said the project was exciting because fertiliser was a significant end-use for hydrogen and one where using the fuel could make an immediate difference because it was replacing fossil fuels with renewable energy.
Producing ammonia is highly energy intensive, producing about 500 million tonnes of CO2 around the world every year, about 1.8 per cent of global CO2 emissions and similar in scale to the aviation sector.
“Whether it’s for decarbonising fertiliser production, or for use as a zero-emissions fuel, renewable hydrogen will be vital to reducing emissions in so-called hard-to-abate sectors,” Mr Miller said.
“It is also a huge export opportunity for Australia to provide clean energy and emissions-free materials to the rest of the world. This is going to be important if we are to achieve zero net emissions in the decades ahead.”
Ms MacTiernan said hydrogen would become an increasingly important part of Australia’s energy mix and would be important to support decarbonisation in the industrial sectors.
The federal government has set a stretch target for production costs for green hydrogen of less than $2 a kilogram. Mr Hyland would not comment on the expected cost of production at the Yuri plant, but said the fact it required significant government support was “entirely reflective of where they hydrogen industry is globally at the moment”.
The Yuri project is one of three projects that shared $103.3 million of funding announced in May under ARENA’s renewable energy funding round that was open for projects larger than 5MW. The other successful bidders from the seven shortlisted ventures were Canada’s ATCO, which intends to produce hydrogen for blending into the network in WA, and Australian Gas Networks, owned by Hong Kong’s Cheung Kong Group, which will also produce hydrogen for blending into the network in Wodonga, Victoria.
Whilst big, it’s actually tiny. Woodside’s H2Perth will kick off with blue hydrogen scaled at the equivalent of a 250 MW electrolyser, then add 250 MW green hydrogen electrolysers until they reached 3.25 GW.
This is green hydrogen vs potential green hydrogen one day but currently planning to use fossil fuels.
If this project is profitable, it will no doubt lead to a lot bigger projects getting funded.
The reason why H2Perth is starting with blue hydrogen (steam methane reforming plus carbon capture) is to get the domestic market off the ground at an affordable price whilst the cost of electrolysers and energy storage comes down, and so that enough renewable capacity can be built. I’m pretty sure the blue hydrogen module will be shut down once the green modules have scaled up. H2Perth will need 3.0GW of renewable energy. The entire generation capacity of South West WA is around 6GW, including all the existing coal/gas/renewable sources.
Yes, but it differs in my reading by:
1) this is Green hydrogen, from the outset. Not blue.
2) This is due for construction soon, 2024.
Having said all that, I'm confident that FMG will blow them all out of the water in the green H space
H2Perth construction also expected to start 2024. Woodside are also launching hydrogen vehicle refuelling in Rockingham in 2024.
Backing up the torana
Despite BHP being my largest holding, I actually don't mind it falling the way it has been knowing that not only are the fundamentals the same, but the company makes bigger profits each FY. My ave price is at a shocking $43 lol, nice to push it back down.
I really want to get into it, but about 60% of their business is iron ore which is largely dependent on china, bit too risky so I'll put it into LKE and VML. hmm i am retarded
It’s always been like that. But I think BHP have (are) diversifying or increasing their investment in other resources, like Potash and Copper.
If you’re tentative on BHP, imagine FMG - who have always been 100% in Iron Ore (in terms of profit). Hydrogen returns are a few years down the track.
Brought into today for first time at $38
46 here. building up cash atm.
Id like to do that too, but all other holdings are in the red. So no bueno.
Just emailing all the CEOs of my share portfolio, according to Hot Crapper one must perform this task at least thrice per week, if one wants to be a serious player that is. 🤔 GLTAH DYOR
dick pics don't count, ask me how i know
Not even to the Lark CEO?
And what a way to go lol!
IHL looking promising
Does low liquidity of SNAS make it an issue to own? Or is liquidity irrelevant for ETFs???
The bid and ask prices are based on the stocks within the ETF. Market makers create the liquidity by providing the units for sale and dealing with the underlying assets. This way the ETF price will constantly trend towards the Net Asset Value (with the market maker pocketing the difference). There's also an enforced limit on the spread of ETFs, which is why it looks like there is shit depth.
Similar to most ETFs, while the market's open they provide a market maker who ensures liquidity to buy and sell a pip or two apart. I've never had a problem with it. Just got to be careful at market open if it hasn't stepped in yet.
How is it low liquidity?
Only 32 buyers on market depth, I’m not experienced enough to know if that’s an issue or nothing to be concerned on as am regarded
You're gonna have orders close to the price point and orders come in and go out all day as compared to ridiculous stagnant orders far from the price as you would a pennystock, which can skew depth
Look at the course of sales. Lots of trades have executed. 271 trades today for a value of $13.5 million.
If you're ever curious look at previous volume. It should give you a good idea.
Meanwhile 3 of my low ball orders got filled in. Fml
Still no WHC divvies in my account, beginning to think management have nicked it and are even now loading up on hookers and blow
can take 2- 5 days
I mean, I would.. probs why I'm not managing the company. Partly.
I’ve received mine
How big is your D? (ividend)
:( poor baby
Do u want a hug
Am I right in saying that SYA has **4 times** the active volume of the next highest stock today? (second being LKE?)
8.3b SOI 👀
$1 by xmas!!
Well I’m lucky I didn’t bet then aren’t I
If you're looking at commsex mid cap yeah, but small caps....
Red red whine, stay close to me
If I was boss of the ASX I would make it illegal for stocks to fall below what others have paid but sadly they won't hire someone with great ideas like me.
Create a crypto coin and you get exactly that (until it unravels and crashes all around you unless you rug pulled your community to walk away unscathed)
The stock I wanna buy is not falling and the stocks I wanna sell are not rising. Someone fix this pls
fix this **PLS**?
Fomo in pussy
I had a dream.We shift Australia Day to BHP div pay day. Australia Day twice a year. And thanks to the Queen....
What an absolute dog of a week (and year)
My whole life
What's everyone's predictions for next weeks rate rise by the Fed? 75bp rocket or 100bp priced in or crash
Peak inflation is next rate move - at least that’s what I’m telling myself to get to sleep at night
75 seems more reasonable.
Elon Musk warns the Fed could send prices spiraling downward if it hikes interest rates too sharply this month
If a group of people ever needed to be dangled out of a window, Suge..
You know where to find me kooksy
Unfortunately the artist formally known as kooksy_monster is still serving out his sentence.
Bigly red if 100bps
100 priced in
Not really mate
Isn’t OCR historically above inflation to bring it down or am I wrong?
Anywhere in mid-low $30's is a strong buy in my opinion. Huge div yield at that price and a good company all around.
Enjoying the market crash to some massive attack. Might go buy a slab and toast my end. You guys can feel it too, right?
Safe From Harm on repeat
It's been mezzanine and 100th window on repeat all day, I'll welcome a switch up.
move onto portishead
Side bar, ya see the massive attack clip where the blondie gets the needle to the eye by the sphere? Avoid. Faaaark me swinging I've had a bit much to be seeing this for the first time. Still , 10 out of 10, would bang. The sphere. Not the girl. I'm really into spheres right now.
Dummy is setting the atmosphere, where I am it's pouring down rain looking like a thunder storm isn't too far off. Vocals kinda remind me of bjork at times. 👍
Edit: okay so strangers was actually sampled on vince staples stolen youth ep which might not mean anything to anyone but I've actually always been curious where it was sampled from.
Are you guiding me on a musical journey today, fam? That's wholesome as fuck. I spottied that and threw on glory box. I love a cheeky half drag over the snare drum, plus that solo is vintage cunt. Vintage I tells ya.
YAL down because dividends?
No, ex-divvy date been and gone.
So two months ago bought my first SNAS shares once again. Now back to where I was, gladly I had averaged down somewhat. Probably should be taking some profit now.
Plenty more SNAS gains left in the tank.
Yep I agree, more to come
"If you already poor, you can't be poor twice."
ASX: hold my beer.
SNAS lookin Snazzy.
L(il)NAS X down in the dumps
I would willingly go work for McDonalds, but I'm already employed by Coles.....
Red day in more ways than one!
Work at McDonald’s in the day time, coles for the evening. Easy
That's great ! , who would you say is the more supportive employer ?
Woolworth and KFC
PNV pause in trading. Hm.
> The trading halt is requested in respect of finalising an announcement on the clearance by the FDA of a major new product for the US market
Announcing a goal to hit 5k PE.
Wonder what it might be
Love your column, I read it every week. Anyway, so I have all my stocks on issuer sponsored holdings, and it's giving me anxiety. Should I just embrace Commsex as my broker for life, put a ring on it and go to CHESS? What if I want to have a fling with stake? What if someone better comes along? Is it wrong to be a commitment-phobe?
Confused in Colorado
Lol my biotech has a bot sitting on the 60c sell range with 3 seperate 1 share entries. I can’t even imagine what the purpose of that would be
Previously lithium was the flavour of the month where all the lifestyle companies were buying tenements with lithium "potential".
Now it seems like rare earth clays are the new throw shit at the wall and see what sticks to get the retail 🚀 for the incoming CRs.
ITM ionic clay ree main dish with a side of spherical graphite and kaolin as dessert. So many rockets and all in SA which has a rocket launcher pad thing so ya know, what could go wrong
I'm smart enough to not invest in kaolin. Seen how that goes for enough holders
And they have one thing in common they compare themselves to IXR haha.
GGG Back on the menu?
Hahha I had this same conversation recently with some of the VML/IXR retards
Balls deep on IXR and VML - not as stressful as I expected compared to holding oil and gas species lul
Retard #1 checking in
Been holding DM1 for a long time and they have certainly subscribed to your theory.
That is exactly what prompted this thought
I'm not sure the grades look too good, but I don't know enough about rare earth to make a call, so I'm just holding on out of curiousity. I thought I was buying a PGE explorer :\
Yeah I'm fucking clueless on REEs too
" weak acid (Aqua Regia)" Only thing you need to understand if they using this "weak acid" its actually not weak it will melt ur face off looking at it and therefore it's not a IAC and with only getting 80% recovery on using that it's taking the piss.
Yeah aqua regia is a pretty typical digest for most rock samples. Ohh I see what you mean by weak vs strong in relation to pH of the digest
It's knowing what's good when reading results, that's the hard part.
Yeah I tend to look straight for the met work/strip ratio. Weak acid (Aqua Regia) used in the first metwork is a 🚩. It's after that part I struggle on the finer details.
DM1 results look good to me and clay RE sounds great. Tempted to grab some, but not getting enough peer pressure.
There is RE clay and their is IAC... BIG BIG difference in them
This is why I wait for the peer pressure
What's your take on the DM1 intercepts doom? Is it junk? I can handle the truth.
If u wanna see good intercepts on another clay Explorer look at ITM recent Ann.
CBAC22-071 – 12m @ 2,343 ppm TREO from 9m
o CBAC22-074 – 17m @ 1,774 ppm TREO from 4m
o CBAC22-068 – 12m @ 1,326 ppm TREO from 6m
o CBAC22-034 – 12m @ 913 ppm TREO from 13m
o CBAC22-013 – 16m @ 776 ppm TREO from 2m
o CBAC22-064 – 12m @ 784 ppm TREO from 11m
o CBAC22-055 – 15m @ 747 ppm TREO from 4m
Fyi I don't hold ITM just a good reference of strip ratio.
Rule of thumb..
You want thickness as deep as the depths 1:1 generally speaking but since they have only labelled it as "Clay Hosted RE" I will hold judgement until met work is done.
If they do anything stronger than PH4 (meaning ph3 and lower) than its not Ionic and they taking the piss.
I'd also say keep a eye here old SF2TH may do a big twitter space talk on RE's.
you think it's not?
12 months in the year, it will probably have its turn at some stage
EDV paid enough dividends for a 2x 6 pack. 🍻
Sounds like a dividend reinvestment plan!
So I just read the sya announcement sounds pretty good to me.
They joining the asx200 AND almost got all their permits to start a project
is this your first time here?
Good announcement = share price drop
Bad announcement = share price drop
No announcement = share price up
Change good to positive and you're onto a winner here
They had a huge run up AND all of lithium is red. Not a big deal.
Look at the rest of the market?
Yeah sigh... All SYA had to do was go above 38 cents and I could of ended this fucking ordeal hopefully it rockets on Monday or else ima be pissed.
Bought VML, enjoy the dip next week now.
I bought 20 fecking dips ago…..
All we need is 1 x 10 bagger and it’s life changing…..
Shit I'd settle for 5x
10x on our small parcels (to distribute across multiple speccies) is not actually that much. It's only life-changing when you're full in on lithium since June 2020. Particularly LTR, CXO, SYA
I meant all in
LPD is still a dog
Everything red atm?
fyi: Lithium DLE podcast: [https://twitter.com/matt\_blois/status/1570440888643649538](https://twitter.com/matt_blois/status/1570440888643649538)
cc/ u/jswyft u/WowVeryJosh
"DLE is still useful.
told me it will allow companies to go after resources where evaporation ponds won't work, so it could increase Li supply. And DLE also helps companies do Li extraction in places where water isn't such a huge issue."
"There are really big question marks around DLE either way. No one is doing pure DLE at commercial scales. And the people I talked to in Chile were not very optimistic that DLE would help them."
big\_lithium = Alex Grant, previously of.... Lilac Solutions. Hmm.
Anyone have there life savings on asn
Not my life savings but ASN is the main thing keeping my pf Green.
But I have hopium lol
Up 2.6% feels good for a day like today. Mostly, I'd like to thank my recovering IPO speccy, RLF, for releasing an announcement of good things to come and jumping 13.33%.
Honourable mention for the two stocks choosing to contribute in their own fashion by remaining grey and sit this session out.
Mymaccas app is now sending me emails to trying to convince me to apply for a job there.
probably better returns working maccas drive through than my PF is providing
Down 5k today. How long is that in hours working at Maccas? If the social media guy has a sense of humour they would take an ad out on this sub.
$10 hour, why not 😉
With a free meal per shift Right. Get yourself a Land, Sea and Air custom burger!
No free lunches mate, still have to pay 50%. 🙄
$10. Damn that is rough.
That's what I said to my daughter when she started working there. At least I get 50% discount at the end of her shift and at the start....
Ms pummelhouse I’d like to come down now
I hope you remember your safe word.
After two years of being suspended for fraud and tomfoolery PET makes it's triumphant return today. Down 69%.
re: PET: Present for you from my opposite in trading:
"I introduce to you, ex $PET director ZZ, trying to unload his remaining holding at 9.5c, and make off with another $2.3m"
Eyeing WR1 as a slightly more developed/less risky lithium play compared to MMT which I bought this week
Do you mean MMG (Brisk project - very early stage)? CRR (Mavis Lake - chasing MRE in Q4?) are also in the region.
Feel like I need a sense check on some Yolos;
I've gone in with WR1 and have some faith (as much as possible)
Trying to decide CRR or MMG for just something crazy
Then NWM for something just totally different (not sure on this)
Bigger question is for something a little less Yolo but still just going crazy, GLN / LRS (I did have LPI but I feel like they are a mess) or anything else?
You're right in terms of these are yolos. I'd rank them something like (from highest yolo to lowest):
I'm sure LPI are the Maricunga/Codelco group and I agree. Not a fan of what's going on there.
NWM full blown yolo based on historical assays and rock chip sampling. Lambo or sleeping on the streets vibe.
MMG haven't drilled yet. Also pivoting to lithium and renaming to Loyal Lithium 🚩
WR1 lithium intercepts are okay but doesn't look like the resource is going to amount to anything substantial
CRR some more substantial hits than WR1
GLN main play is the HMW brine. DFS in 3-4 months. Don't have a lot of commentary on the brine side of things. Won't know much about their Greenbushes tenements until they drill.
LRS. MRE in December. It looks to be shaping up pretty well. But dogshit management.
It probably wouldn't hurt to go for something a little more derisked, MRE, DFS, making money etc.
Once again you are the king!
Yeah I was thinking maybe something a little less crazy than GLN is GL1 (though i said I would never do numbers in a ticker) or LTR
Yes I do. The region’s teeming with them by the sounds of it. Got any speccies you like the look of?
I've briefly touched on this before, but the problem I see with a lot of these Canadian deposits are they are closely located to bodies of water. That creates immense environmental concerns, but also if the majority of the pegmatite is under the water table (which is higher up due to the surrounding water) then it costs more money to get it out of the ground.
I would check out [Swyft's catalyst table](https://www.reddit.com/r/ASX_Bets/comments/xdvy88/comment/iodrv60/?context=3) from a few days ago. Covers a good number of high importance events over the next few months.
Is wr1 spod or brine