RE:RE:RE:RE:RE:BYD is the first OEM domino to fall in mine buyingReputable industry experts would disagree with you. ( https://twitter.com/CPBMI/status/1532145206094888960?cxt=HHwWgIDUmdD8osMqAAAA )
We have 6 unknown mines from unknown countries, that will be built and producing from Lepodilite and start shipping product in a few months? Come on.
This piece came out at a time right after the Goldman Sachs hit piece with backup from Credit Suisse. All of this in a downturn market right after the CCP leadership had meetings with lithium companies to get the price down.
Of course price will only come down with supply but it won't be from 6 popup lithium mines starting in September. It will be a while before that stuff is on market and demand will grow in the meantime.
I'd re-adjust your timelines. The technical work done by Cypress is also sound but never has been on time. The PEA was late, the PFS was a year late, the pilot plant was 8 months late. In fact not one timeline has ever been hit.
So give yourself a buffer for the FS by summer of 23' or late spring. Results are always decent.
It's ok to be critical of certain aspects you know... it doesn't have to be all butterflies and pump-fest just because management needs help in certain areas.
At least they're doing some circuits/shows which wasn't a 'thing' in the past.
They should be attending the Fastmarkets Conference and the Benchmark Minerals Gigafactories conference too.
Anyways - off to hibernation mode from SH.
AtoZsports wrote: The only thing that will drive down prices is new supply coming on line. You are mistaken if you think anyone can create headlines and the price will go down. Those mines in Africa will be turned into producing assets and all of that is going to fuel China's EV industry. I have no idea why you think it is just window dressing. .........