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Whenever he brings news about acquisition, it overpromised and underdelivered
Remeber that Chinese lottery company. He was saying due to covid, it was challenging to close or something along that line. Then nada zip none. True that RKings come along but the pattern is right there.
We long holders deserved better than this. I held thru $14 and now kicking myself for not selling.
As far as I can tell CEO has been buying shares too. I just need to find the fund to get some
Looks like we are trending down in Oz. Just when I thought we are finding bottom smh
Gratomic is about to produce
About to take off w this news (I hope)
Was Aussie market close last night?
Lol. What makes you think of a buy out? Better hope we have solid offtake agreements
Should have used the revenue to build up.
I noticed that last night. Are we halted on OTC too?
Thank you TC. I hope you do too.
Good luck w the purchase. Looks like syrah also experienced correction as well.
Is this still Chiang’s play?
Is it me or the bids in the hundred of thousand shares are piling up more on OTC? Not significant but quite an improvement
I think the upcoming offtake agreement will do that. Last I remember they said agreements (in plural)
Can I buy this with Expert Market sign?
Where do you think the money for acquisition come from?
What is pc?
Carbonate :)
Time to run. Next would be the hydroxide plant update :)
Is this ever gonna run?
Dallas, TX. I actually just arrived yesterday 10AM lol. Indonesia and Texas now have the same time (12 hrs difference). 8PM here, 8AM over there lol.
I believe so. We are off by 3 hours normally it was 4 hours
Are you referring to novonix?
https://cnevpost.com/2023/03/29/byd-expects-its-q1-nev-sales-to-grow-over-80-yoy/
BYD expects its Q1 NEV sales to grow over 80% YoY, aims to be largest automaker in China by year-end
BYD's sales in January and February were much higher than a year ago, and in a few days, March figures will be released, and first-quarter sales are still expected to grow by more than 80 percent from a year ago, Wang said.
Wierd that GTsM always has 340k shares sitting on the ask.
Liontown bid forces $174m short squeeze as shares soar
A horror run for lithium prices is close to a bottom as Chinese battery makers move to restock supplies in the second quarter and the fundamental narrative of growing demand for electric vehicles supports prices, says Citi resources analyst Kate McCutcheon.
On Tuesday, the battery metals sector surged after Perth-based explorer Liontown Resources rejected a $2.50 a share takeover bid from US commodities giant Albemarle on the basis that it undervalued Liontown's Kathleen Valley Project and coincided with lithium price softness.
"We don't think that [lithium] prices go back to the peaks, but we do expect prices to pick up from spot in the back end of this year, and moderate to $US40,000 a tonne for carbonate for next year," said Ms McCutcheon.
"But this is still a compelling incentive price and is disconnected from the cost curve. It's unlike any other commodity, except for iron ore."
Liontown shares surged 54.1 per cent to $2.35 on Tuesday, with larger producers Pilbara Minerals and Mineral Resources jumping 10.2 per cent and 5.9 per cent respectively. Among junior explorers and producers, Core Lithium rocketed 16.7 per cent, Sayona Mining surged 13.5 per cent and Canada-based Patriot Battery Metals added 10 per cent.
Banks are thief imo. I remember when I needed loan and credits, they cancel my cards. When I dont need them, they kept sending me offers to open a new account, raise credit limit etc
A horror run for lithium prices is close to a bottom as Chinese battery makers move to restock supplies in the second quarter and the fundamental narrative of growing demand for electric vehicles supports prices, says Citi resources analyst Kate McCutcheon.
https://www.afr.com/markets/equity-markets/citi-says-lithium-prices-to-rebound-liontown-bid-forces-short-squeeze-20230327-p5cvqg
Albermale attempted to buy out LionTown Resources. Apparently they lowball it and get rejected. This may just be a good sign that Lithium play is not over. If giant like Albermale is making acquisition, perhaps they are seeing something
In other notes, Goldman Sachs have been buying LTR stocks pre announcement. Thia greedy bastard seems to know in advance and also lower the prices of lithium stocks to get in…
Looks like its running in Aussie. Fingers crossed
Thanks to this approach of HKMA, @circle and @Kucoin invest $10M into @CNHC_TO, a CNY stablecoin issuer
— alphanonce Intern (@alphanonceStaff) March 20, 2023
CNHC issues its stablecoin on @ethereum and @Conflux_Network. Currently, the total supply of $CNHC is 15M and $CNYT, issued by @Tether_to, is 20M pic.twitter.com/laSivQXbsg
The run to $14 was partially driven by facebook group. Then we run out of shareholders to buy in or buy more and thats where we are at
The company should have done more to bring awareness. Ridiculous that shareholders did their job in PR
https://source.benchmarkminerals.com/article/synthetic-graphite-prices-close-gap-with-natural-as-tolling-fees-fall
Prices for high energy synthetic graphite anodes have fallen by 8% this year, making them more competitive against natural graphite products, and helping to further lower battery cell costs for automakers. Continued investment into production capacity, falling feedstock costs, and a 59% fall in graphitisation tolling fees since last summer has all hit prices for […]
How do you check that on ASX website? I did not see insider selling info on asx
Interesting some ppl keep selling into the bids
OTC Markets still shows yield sign. What kind of run would we be seeing if yield sign is removed?
https://www.otcmarkets.com/stock/CNHC/overview
There is a reason it is called MOU. They have not put out the money yet. Have the details come out yet? It is typically based on drilling result, PFS etc. so where are ATLX on drilling results let alone PFS?
Someone sold into the bid actually