Post by
AtoZsports on Jan 31, 2023 7:42pm
Huge GM domino falls. Albemarle are you paying attention
Well the largest car company just locked up the largest lithium deposit in the US. The deal will give GM the first choice to buy production all the way through phase 2 of development. This is a huge domino to fall in the North American battery metals land race. So everyone just got the message you better find your NA lithium and you better do it PDQ.
Albemarle just watched one of its potential biggest customers grab a huge amount of what it sells. Meaning that its fat juicy margins are gone. Well they can't let that happen again. That puts Century squarely in the sites of every OEM that needs to get US lithium. I mean there is not a lot of other options out there right now if you want to have vertically aligned supply chains as a car maker.
So what are you going to do Albemarle? You going to let these guys come into your own back yard in Clayton Valley and squeeze you out? Better not let that happen. CAN'T LET THAT HAPPEN!
Better consolidate that land and better do it quick.
I have a full position in CYDVF and now I am going to start to pick up Noram shares. With their new resource press release. The Albemarle/Century/Noram consolidation will be everything Thacker Pass is and maybe more. So who wants to step up and get the deals done? Time is a wasting. Tick Tock. Cha-Ching!!!! Easy street is just around the corner.
Comment by
bmeister2 on Feb 01, 2023 7:27am
AtoZ, wouldn't you think we would now be prime candidates for an aquisition before all our reserves are known on the cheap? I am thinking we are been looked at in the general vicinity of Nevada, a good place for all battery productions and all miners in general.
Comment by
kkkrrr on Feb 01, 2023 10:09am
below 200 million marketcap next to Noram + Spearmint ..they could consolidate the entire area in front of a buyout ... there is lithium for 100 years in the ground ....... highly possible Century will use 20000$/tonne as base-case in their feasibility study and will show a NPV of 2-3 billion USD too
Comment by
slyder3 on Feb 01, 2023 5:23pm
Well I still think ALB is the obvious choice to takeover the whole Clayton Valley Lithium , first reason they are big enough to do it and I don't think they want other companies playing in their backyard. Then they no doubt ink a deal with Tesla and BooooooM. With a market Capital of 3 billion 500,000 US$.
Comment by
slyder3 on Feb 01, 2023 5:28pm
Not 3 Billion , 33 Billion ,lotsa Cabbage.