By - AutoModerator
u/MAPABI \- IMU with some more trials underway
Looks like the stock is still churning through the CR shares, accumulating before we push back above 30c
Latest instos placement at 20c still held by instos...
Retail selling, sophs buying
$IMU more compelling ann 🔥
Even u/HeiPando is bullish 🍆
SOL result was juicy for my boomers out there lurking, you filthy fucks
Man, I hear it. Criminal how low the SP is giving they be printing cash through NHC
It could be a volatile session today as tomorrow’s public holiday means local investors will be unable to react to the outcome of the FOMC Meeting.
All trading carries risk, but it will be interesting to see where the ASX200 ends up today as traders position for the possibility of increased Fed hawkishness.
Sir this is a casino
Silence before the storm...
Lambo's to the slaughter.
I'll have mine in blood red plz
Russian stock exchange down 9% overnight, as it appears that Putin is preparing for 'general mobilization'.
A declaration of war would give additional powers to Russia (such as invoking conscription), who could then threaten to use - or actually use - more force. Conscription may lead to internal revolt from younger Russians who don't want to fight the war.
This is unlikely to change the outcome of the conflict in my opinion - Russia appears to lack the training, skills and technology and mobilization measures won't improve this. But it will prolong it, and will continue to have economic consequences for the western world.
If Putin enforced conscription, then I hope he has a taste tester for his food.
Pretty sure he already [does](https://abcnews4.com/news/nation-world/putin-has-replaced-1000-personal-staff-over-fears-of-being-poisoned-says-report-russia-vladimir-food-tasting-taste-test-daily-beast-craig-copetas)
I hope he doesn't
Sounds like Russia won't be turning the gas tap back on for Europe any time soon
Time to double down on gas plays
MMG holders getting cucked with positive news the day before the US interest rate rise
IHL I appreciate the announcement on Monday but I need that sweet price sensitive stuff to make sure I don't get banned for a month.
Will send more tennis balls if required!
Maybe they need more concussed rats🤔
Fuck that cracked me up!
Can anyone shed some light as to why EXR is continuing to be a dog?
Ultimately: It's an O&G stock and they haven't striked as hard and consistently as anyone would have liked to. That 30 mil will dry up very quickly if they keep hitting dusters the company now NEEDS an elephant (which is unlikely considering it's around 5%) so it's pretty much gambling at this point. It was a great company though at the start, they just didn't get lucky. This is no different to IVZ if they get a duster.
Also all that hydrogen fluff is also meaningless. I work in hydrogen and I can tell you the lead times are long for basic parts and the offtakes aren't there yet. If you wanted to build an electrolyser in Mongolia etc it will takes years as the global waiting times are long. Spare your losses and get out of the dog.
There is a big difference between IVZ a conventional discovery vs EXR CBM discovery. If gas flows from Nomgon pilot it would be proof of concept which can be applied to the other 5 or 6 basins.
Agree the hydrogen is way off and the 20 million left in the bank would go along way in Mongolia but may be stretched thin after acquiring the Queensland plot.
>There is a big difference between IVZ a conventional discovery vs EXR CBM discovery. If gas flows from Nomgon pilot it would be proof of concept which can be applied to the other 5 or 6 basins.
Agreed, but this is death by a thousand cuts (EXR) vs death by a samurai sword to the head (IVZ).
Today is the day I will have a touch of red in my pf. Hard to look at it.
*insert "first time?" meme*
LPD why are you not rising? Uncool of you. Dont make me hate you.
In a channel. Why not swing trade it?
It’s late 2020’s hold mate
Clay is heavy
Fucken ASX app crashes on opening announcements on IOS16. Anyone? Bueler?
Thinking about the absolute scenes if/when the permits get approved for TLG…
The date it happens, I am probably going to take a holiday every year on that day just out of commemoration.
That’s a fair shake of the DareBottle. Sounds like a plan tbh. March 2023 lock it in eddy.
Rhythm instantly becomes the richest person in the sub and she buys werthers originals for all of us 🍬 it will be a fucking joyous day.
Not sure about richest, but I will be the most relieved! If TLG ever hits $6 I'll retire
This is also my formal application to be your new grandson if $6 hits. Each week I will draw you pretty crayon pictures for your fridge if you deposit a penny stock allowance into my dollarmite account plz.
I'm old but I'm not that fucking old 😂
But yes I'll supply the crayons
Grandson in title only, I'm mid 30s so I can pretend if you can 😂
She'll fucking deserve it too for going tits deep and holding through all the drama
The richest person in the sub is probably a lurker just juicing off all of our collective panic.
and going short on our sub faves and paying downrampers, of course.
VML should have an Ann today about the unveiling of their plant and this new $3.7m investment from Canadian Gov in the facility:
Would be nice if it kicked it out of its funk.
VML is undervalued as fuk currently - there is a small risk that their offtake partners REEtech will fail in their RE seperations (unlikely based on the initial results) but the SRC boys seem to be making a lot of headway. Some interesting possible developments on the horizon - good to see the gov funding happening everywhere for REs. IXR also got a nice grant from the UK gov last week.
Progress is progress!
On a day like today, doubtful but hopeful lol.
So 100 points priced in??
That is what they will say. Unlikely that the Fed will do 100bp even though it is probably the right move.
Ah fucken belt up you lot. So we're in for a bit of red. Could be worse. Yall think you're gonna be green everyday?
Green? Never heard of it.
Retard-strength bull case for coal via Reuters
Well, YAL just released their FY report and 169% increase in revenue y/y.
Yeah boi. NHC revenue increase was like 1000%. Crazy times.
Invest in valium, some of you are going to need it (it's okay, that's me included)
God dayum. I already have a grand piano. No drugs were involved in procuring that but I want another so hook it up like a tonka truck 🚚
I like Valium. Hangover cure
Just remember to not fall asleep in the bath.
That’s the best hangover cure
The hangover cure to end all hangovers. No more hangovers!
Oath oath, for all I know I'm still in the bath and this is all just a projected by my imagination. Think I just took too many drugs tho. As you were gentleman. I want a status report at 0900 hours, corporal
Dm you val plug pls xx
I don't know what that is, ya fucking fed xx 😉
hahhaa no fed just over ppl trying to charge 300 for a bott 😢
I have a bad feeling. Sp500 seems more likely going to 3300 points in the next few months.
Do a bet ban then you pussy
Just an idea 💡: instead of being a gay bear every post, why dont you act on it and buy some inverse market ETFs or Puts, you wont be so miserable all the time.
Or I buy the dip.
Day 420, no sign of QPM dfs yet..
New York Times front page has NAL slapped on it , and how badly a North American Li source is needed.
Could bode very very well for SYA and PLL 🤞 stay tuned in the coming days
“It will be the second only North American source of that metal, offering hope that the badly needed raw material will be extracted and refined close to Canadian, US and Mexican auto factories”
Autocorect must have got you on the first sentence.. Think NAL should have been ANL
Article on SYA in the New York Times.
[How a Quebec Lithium Mine May Help Make Electric Cars Affordable](https://www.nytimes.com/2022/09/20/business/electric-vehicles-lithium-quebec.html)
And here is the article un-paywalled, provided not with a 12ft ladder, but a Hydrogen filled Hindenburg airship ....
[How a Quebec Lithium Mine May Help Make Electric Cars Affordable](https://archive.ph/72906)
\>Having more mines will also help contain the price of lithium, which has soared fivefold since mid-2021, pushing the cost of electric vehicles so high that they are out of reach for many drivers. The average new electric car in the United States costs about $66,000.
uh theres like 10kg of lithium in an electric car, roughly 1/5th of a total 50kg of Li2CO3, which has gone from $10kg to $50 odd, so roughly a $2000 or 3% increase.
I just just posted this , you have the full article though >< Cheers!
Might've missed the discussion earlier in the Dailys, but what do GT1 holders think of the agreement with Lithium Americas (LAC)?
It was nice and peaceful in here up till now!
Ok it’s time for me to go to bed
Wow. What's it like to go to be the 19th century?
Everything’s better in the good ol days mate , I’m quite happy living behind the times
You mean when the ASX was < 6k?
Might just be back there in next few months , and I’ll be ready , just freeing up some cash , hey wanna buy some shares in an exciting tech company ? They’re currently undervalued
Ndpr had a great day today up $7900 US now sitting at $95k/t
Is anyone still holding RAC? Asking for a friend
Dr pump needs to get a move on and start pumping SIS the dog
Yeah im a racolyte.
All the legacy stuff in the pipeline before they realised they had an FTO inhibitior confuses things a bit. They've got one drug, that appears to do a lot of things.
They're like the speccy gold explorer who just hit REE and Lithium and made a pivot
As such they pushed original timelines out to bring the lithium and ree to market also. Bit of a drought of announcements lately and boredom is setting in. Not much being traded, just shadowing the XBI movement on low volume. The lack of buyers is concerning. The lack of sellers is nice. The buyback isnt actually purchasing much.
There's a few things I like and will hold for
1. They don't have any competition in the new area. They're the first in the world to bring an fto inhibitor into the clinic. More than that, they're the first in the world to bring any RNA modifying enzyme inhibitior (RME) into the clinic. Some of their competition e.g. Storm Therapeutics or Accent Therapeutics are still working on bringing RME writer inhibitors to trial. Race has the only eraser and it's in the clinic now (though yet to dose first patient?)
2. It's a new field with no saturation of existing drugs or competing biotech like most markets others are fighting for a slice of. This field is hot stuff, apparently.
3. The board have significant skin in the game and also require new hires at high level to purchase a year's worth of salary in shares on market to help alignment with shareholder interests
4. They've discovered their drug is cardioprotective. Its the only one in the world (that they could identify) that can protect against chemotherapy heart damage while also increasing chemo effectiveness. The thing to understand about chemo is that it damages the heart, and there's a lifetime dose they will not exceed because you'll succumb to heart failure irrespective of the cancer. Even when beating the cancer you'll have a shortened life due to heart failure. This potential market is likely as big as the fto opportunity and much more easily explained and understood.
Yet... The share price just hangs in there?
I try to find ways this is a scam dream, but can't manage it
Thanks Dr Tendies, that's what I wanted to hear
I’ve lots of friends buying into RAC after hours but for some reason they never hold it for long…
Ya. Got it at $1.70 hasnt done much
Also hilarious is on the RNU HotCopper thread, there’s some cunt named Spid(?) who blatantly downramps the stock because he holds the competition, ECG, and the whole thread is Spid vs everyone 😂
I first saw it as sad, then annoying, but now it’s just hilarious
Yeh a few of the EGR lads on occasion bring out the pots and pans and screech. Wilma is also a spastic.
Whatever you do, don’t delve into talga and the madness that is pabs, beach and a whole cluster fuck of screaming
I swear all of our small caps ceo's should duke it out behind the chook shed after school for asx supremacy or something. Sound investment instruments can only carry us so far!!!
Someone has unironically crowned themselves "The YODA of Australian Lithium" on HC. This shit is too funny
Laughable when you consider that swifty and yourself have the higher ground. Tell HC Anakin that he'll get burnt.
Lmaooo looks like he changed his signature
His old ones:
PLS – CXO – GL1
The Spirit of –Australian Lithium
All posts imo
R E S O L U T E - the Guru of Australian Lithium.
He ain't yoda. They all reckon they're one with the force till they being dangled off a balcony or out of 4 story window.
Yoda being old and wrinkled ..so fits right in at boomer central?
I read a post on the SYA thread today where the guy said people can't doubt his prediction/numbers because he aced maths in school.
I really missed an opportunity to sign off my comment with Lithium Jesus
I'm going in hot boys! *zoomy airplane noises*
Heard it all now: the top is in
I will take this opportunity to crown myself the dunce of Lithium…/stocks…./BHSL
Taking the crown from JSwyft, that motherfucker …
I have found my new Cesspool Section on HC DM1 aka Lynas 2.0
Aka the new CHN aka Degrussa Strikes Back.
Hope you enjoy the maps of Melbourne/Perth/Sydney/Brisbane with 20km drawn on them posted over and over
Welcome, make sure to subscribe to goldhunter's newsletter, he pores over those announcements with a fine tooth comb and a bright red ms paintbrush.
I've been a holder and admirer of the HC cesspool for over a year. truly awful on both counts.
U hold DM1?
Yeah... it's one of my secret shames
I still hold PUR….😢
Julimar nearology scam dream checking in (CPN in my PF too)
Yes just the one for me… costly one though…I think I was almost 4 bags up at one stage….
Oh kervio I'm not angry just disappointed sounds like you need a hug
The worst part is that I kind of like it. The hot copper is a train wreck, they never find much, and the share price is super illiquid. A true masterpiece of speccy fun.
Goldhunter is something else
We may have to stage an intervention, or if he is an AI fix the bugs.
Sweden's central bank raised interest rates by 100 basis points
Get on SNAS?
I don't short stocks or buy negatively geared funds. Just a personal preference, I prefer investing (read gambling) into the future of a company/stock in the belief that they make it big and we all become rich.
Possibly the cringiest line on HotCopper: “well done to all holders”
Saw a "congratulations to all future holders" today, which melted my brain even further than logging on their in the first place did.
I'ma post this to the MAY hc thread in the future and give you a shoutout
I do recall a gem from a while ago someone sent me.
It was something like:
“And by participating in the CR, that’s basically putting money back in your own pocket and contributing to the work they are doing to find a cure. So it’s basically like investing and donating to charity, well done all holders”…
You can’t make that shit up…
I am also cap raising. Give me money, guys ;)
u/Kervio okay so we are starting a charity now
It will be good for the ESG rating on the speccy explorer, too.
Honestly, pretending like you have done something amazing just by holding the stock, like you are somehow responsible for a price rally or company milestone is so fucking lame. So many “we”s when they talk about a stock
I reckon one or two of them will get “holder” engraved on their tombstone. Followed by “dyor glah”
Strangely, ***RottenTomatoes*** had 'well done to all holders' in Hot Copper rated at 12% which was the same rating that 'will LKE go for another afternoon jog' in ASX BETS got.
"Gobble gobble gobble"
You ever just look at your holdings and think…. Fuuuuarck cunt
When does one not do that?
Phrase for all occasions regardless of portfolio status, particularly if one has the joy of holding ANL.
I order my pf by gain/loss order. As I scroll from top to bottom I think:
“nice, I am smart man”
“hmm, these might come good yet!”
“not so good”
“maybe a solar flare will wipe out global computer systems and when they get rebooted these holdings will accidentally be green”
Always wanted to try this...
So here goes.
"Can I get a fuknnnnn?"
This is the correct way to answer phone calls from 03 numbers around noon Sydney time, when the friendly scammers call to try to help you save on electricity bills
Tomorrow always brings an opportunity for a new all time low
I thought you were polite but thats just outright savage lmao
I was right too. New ATL today
*Ignore the pumpers and dumpers.*
*Scotty is in control.*
*'In Scotty we trust, our lord, to take us to thy promised moon land'*
\- Shakira 11-16, Book of Waka
I have a funny feeling everyone offloading their lithium and waiting for a crash is going to get surprised as they keep going higher
Could be wrong lol , just my guess. Nevertheless, always good to take profits!
I failed maths. But. Isn’t it a simple equation that if you sell down say 50% of your holdings in lithium at 100% CGT, assume less than 365d holding assume you’ve bagged 1-2x. And then there’s a ~20% lithium retrace. After the fed announces 100bps. And you buy back in. You’ve basically neutralised the benefit of sell high buy low by virtue of CGT impact?
That is not a simple equation, because we are not all in the same boat re: earnings,super, employment/business/and fuck knows what else affects income/taxes.
So *highfives* maths failure here too, hence accountant.
Yeah. Understand I’d love to see the basic workings in a spreadsheet. With a few variables.
Using those exact numbers, the answer is "depends on your tax rate"
Lets say you are at the highest tax rate as an example
Let's say your tax rate is 50%, to make it easier.
You put 100k in some lithium shitco at $1. It goes to $2 before a year is up and you sell half then you buy back in on a 20% drop after paying tax on the profits. Let's say it bags between then and 1 year and 1 day after your first buy and you sell:
- 100k @$1 start
- At 200k/$2 you sell half, receiving your original $50k + $50k profit, which after tax is 25k profit.
- Share drops 20% to $1.60, you buy your 50k units back with $80k (let's say you cough up an extra $5k to keep the numbers round)
- Your basis is now 50k units at $1, 50k units at $1.60. It bags again from here to $3.20 and you sell it all for 320k, that's a profit of 80k on your second parcel and 110k on your initial parcel.
- you get taxed 40k on your second parcel and 27.5k on your first parcel for a total profit of $122.5 + 25k from earlier = 147.5k
Alternatively, you buy 100k shares at $1 and sell at 3.20 after a year and one day for a profit of $220k, after tax 165k, indeed a bit better off. You can hopefully see how changing any of these numbers (size of dip, size of total gain, gain at time of initial sale etc), or reducing the tax rate to 37% for example would change the maths though.
Did this quickly so may have fucked up somewhere
Nah man, mns and lke need to shed some dead weight and tantalise me enough to place a fat buy order. Then it's fat lines of lithium at the crib with all the homies.
Didn't sell because of Lithium, sold because of potential market reaction to Fed and belief in a potential market-wide pullback while wanting to lock in some profits personally
I sold all pls this morning for this reason. I'm still recovering from earlier this year and I refuse to short , so the safest play is to get out of it for a wee while.
I Sold 1/3rd of my holding for the exact same reason (potential market reaction to the Fed / market wide pullback) , but I have my hopes up that everything will be ok lol
Priced in? pls pls pls
judging by those PLS auction result prices, looks like it may definitely continue to run
I do still have some lithium exposure via IGO, but now have to decide whether to put the money back into other stuff once I see how the markets react...
...or also considering using the money to buy a new car as current one is 10 years old now (or I was, until I had a look at the current ptice of new cars, and fuck me gonna need a couple more baggers for anything semi decent 😮)
Yeah the used car market is absolutely crazy too.
I bought a car for the Mrs just before the pandemic. It's now worth 50-60% more than what I paid for it. No joke
People selling some popular used cars for the same price or more than brand new due to the long wait times. And used cars are selling like hot cakes (was recently in the market to buy a new one. Actually bought one a few weeks ago). Took a while to find a good deal. Gotta be refreshing daily because the decent priced ones sell almost instantly
People are selling used cars years later for the same price or close to what they bought them for brand new, it's crazy! But I don't think that'll change anytime soon unless we're hit hard with a very bad recession (unlikely for aus?). Gotta wait for supply issues to sort themselves out (may be a while)
Dude, hold off a year or more before buying another car until supply starts to catch up - you know this!
yeah, I know you're right, it's just me being impatient... ideally want to aim for an EV in particular but we're probably still 2-3 years away at least from them being more viable in terms of brand choice & charging infrastructure distribution 😑
ev supply is fuct too. probably need to order yesterday for 5 yrs time due to demand because price of petrol.
you guys are weak, back up the truck and mortgage the goat!
This is the way!
PLS money printer continues.
I get the same feeling, but I realise it is 100% hopium.
stfu suge how darr you question my decision to sell PLS at $3.55 and then buy BHP at $42.10
Go get a CAT scan, you may have brain damage.
Hey frank, suck Suge’s cock
By Christmas 🤪
Thinking about going large on CCL this week, not sure what else I will add to the mix yet but will be something like WHY & SKI
Credence Clearwater Levival?
Any podcast recommendations for a 16hr drive tomorrow ?
The Adventure Zone (D&D)
No Such Thing as a Fish (trivia)
Freakanomics (economics research)
Radiolab (science and cool tech stories)
99% invisible (hidden/unexpected design)
Masters of Scale (business, scale-ups)
Dan Carlin's Hardcore History (best history podcast, master of context)
The history of Rome podcast is legendary
The Butterfly Effect.
It's the story of the guy who bought and developed Pornhub. Amazing!!
The bit about stamp collecting man paying for niche/personalized porn clips made me feel normal for the first time in decades!
Provide some parameters ffs
If it's not Waka Waka on repeat, I guess it's learning how to fit more tennis balls in your mouth at once.
Failing that, Midnight Oil.
Disclaimer, I MAY be deep in IVZ and IHL.
Just listened to liar liar , story on Melissa caddick , pretty good, absolute evil piece of work
The Dick Show
Dan Carlins Hardcore History (ignore the intro it's pretty cheesy compared to the content) has great multi part 20+ hour podscasts on different events
The destroyer of worlds “short form” one on the development of the nuclear bomb was fucking amazing. And a smaller one at 6 hours.
Another good history podcast is “conflicted “
Cheesy as fuck seppo reading but his yank voice and the way he narrates and introduces characters keeps you listening , had a good 3 parter on the Wall Street crash
>had a good 3 parter on the Wall Street crash
Oh sorry , that one where muppets were jumping from windows , 29?
Fuck yes. It's honestly worth buying his whole series off the website. Bloody great content - especially Wrath of the Khans (all about Ghengis Khan and the Mongol empire)