Post by
Rinny1 on Nov 14, 2023 3:50pm
Great day
Hopefully this up lick continues!!
Talking of rate cuts next year two 50 point cuts.
The economy will turn Around.
Watch China and lithium demand increase.
EV sales still increasing rapidly:)
Comment by
monkeyhere171 on Nov 15, 2023 9:45am
One correction Tinker , the updated DFS that added the camp and $100M is now using $2,162/t for 5.5% not what you have stated. I did complain at the time that this was simply a move to offset the increase of CAPEX but hey what do I know. As it stands, CRE has one of the highest price assumptions form all QC juniors. The Market clearly showed what they think about this...
Comment by
tinker901 on Nov 15, 2023 10:04am
Well, they also have two other things. 1) the purest deposit 2) a reputation for being very conservative So 1850 or 2162 comes from a "conservative" outlook. Hey Monkeyhere, are you still in ? or are now now on the side line ?
Comment by
tinker901 on Nov 15, 2023 11:35am
I think your take on all this is as good as anyone here. We might see some kind of action before the end of year. Got my fingers crossed