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$GALXF. MAYBE RETRACE MORE BUT STILL A BARGAIN. ALL JUNIOR LITHIUM MINES WILL DO WELL.
Buying this pull back $DRUS.
Buying here. $ANDI.
I'm buying here.
Selling some here. Nice pop off low 4s. Still room to run over next weeks.
Great reads Bill. This is the mega long haul beast mode lithium mine. Bottom is in. Now just sit back and watch our wealth grow deep into the 2020s. I imagine a solid dividend earner. M
"Pilbara Minerals pleased to report that the first shipment of tantalite concentrate (of approximately 40 tonnes under the mine gate offtake agreement for primary concentrate sales) has been completed to Global Advanced Metals."
#tantalum #tantalummagazine #pilgangoora #pilbara #PLS
$PILBF
....or just realize how fortunate we are to have found this gem of a stock and keep buying these cheapies for the inevitable second round in the lithium boom.
$ALTAF.
I said 18-30%. That article referenced 18%. The following link references 30%, and production cost is included. In fact, the model 3 has the best profit margins of all EVs. The base model will be profitable once the kinks are ironed out. But hey, keep it up so I can buy shares at a bargain price.
http://www.autonews.com/article/20180717/RETAIL/180719816/tesla-earnings-musk-manufacturing
RSI at 40. Looking to see it drop into oversold zone < 30 for loading zone. Maybe 280 ish.
Tesla autopilot saving lives.
They're making an estimated 18-30% profit margin
https://insideevs.com/tesla-model-3-teardown-tech-cost/
I suppose it’s your right to label the truth whatever you wish. ;).
$TSLA.
BEST CUSTOMER SATISFACTION OF ANY CAR ON THE ROAD.
SAFEST CAR ON THE ROAD.
MOST ENVIRONMENTAL FRIENDLY CAR ON THE ROAD.
AMERICAN ENGINEERING AND BUILT.
MOST SUPERCHARGER INFRASTRUCTURE.
>5k model 3s/week.
EVs are simpler and cheaper to make and maintain.
CO2 is plant food. More CO2 = more plants = more O2. It's not an issue. The whole carbon toxic thing and carbon tax is a myth and a scam perpetuated for money by greedy people. Clean CO2 production is nothing to be concerned about. Clean air and Clean water are good goals. CO2 reduction is a none issue and the correlation to global warming is inconsistent and based on computer models and not scientific proof.
Go Tesla.
$LAC.
You can get a sense of where ALTAF by following AJM.
The Australian exchange is about 18 hrs ahead of us here in US.
AUD to USD varies. Today it's 0.73.
So AJM closed out today's trading at 27.5 AUD...20.075 USD
ALTAF basically follows what AJM does but market makers may mark up the price and their is lack of liquidity.
https://finance.yahoo.com/news/pros-cons-buying-foreign-stocks-132848219.html
I love the initiative of Rouk, and will invest more into Altura because of it.
https://alturamining.com/ruok-video/
Good article. Here's a different angle:
https://cleantechnica.com/2018/08/12/electric-car-growth-produces-battery-shortages-carmakers-cant-match-production-with-demand/
Here's an article that suggests the opposite. I think some of the discrepancy has to do with the rate of transition to EVs from ICEs as opposed to whether it's transitioning or not. EVs are cheaper and more simple to make and maintain. The fact that Tesla is just now producing > 7k cars/week, suggests to me that the Lithium Boom is in its infancy but that it is going to ramp up faster than the over-supply crowd realizes.
https://cleantechnica.com/2018/08/12/electric-car-growth-produces-battery-shortages-carmakers-cant-match-production-with-demand/
Wow
LAC.
Market is already responding. LAC GETS bigger chunk of the mine, less incertainty with Chilean politics, amd Lowry will bring in $ from his investor community and his Chinese contacts.
Nice find! Thanks.
I have a feeling Joe “Lithium” Lowry was a part of making this happen.
Besides having the highest customer satisfaction of any car on the road, the biggest supercharging infrastructure, and now producing > 5k model 3s per week, Tesla dominates battery production.
https://cleantechnica.com/2018/08/12/electric-car-growth-produces-battery-shortages-carmakers-cant-match-production-with-demand/
LAC has bounced to 3.85 in after hours trading. Interesting news. I just keep buying in the way down, and put away for long term capital gains.
This is how we get rich. Buy the red.
Buh Bye Take Over.
Hello Lithium Production.
$$$$$$$$$$$$$$$$$$$$$!
More good news. The three majors (FMC, ALB, SQM) are showing solid quarterly reports and pps stabilizing/rebounding. Junior mines will follow.
From ALB report:
Lithium reported net sales of $317.6 million in the second quarter of 2018, an increase of 30.2% from second quarter 2017 net sales of $243.8 million. The $73.7 million increase in net sales as compared to prior year was primarily due to favorable pricing impacts, increased sales volumes and $7.7 million of favorable currency exchange impacts. Adjusted EBITDA for Lithium was $141.6 million, an increase of 22.9% from second quarter 2017 results of $115.2 million. The $26.4 million increase in adjusted EBITDA as compared to the prior year was primarily due to favorable pricing impacts, increased sales volumes and $0.8 million of favorable currency exchange impacts, partially offset by higher royalty payments.
Altura share value rose 300% last year with the same pr campaign. That's not the reason for the current share value. Fake news of over supply fears has hit the whole lithium mining sector. Furthermore, delays in production, buyout rumors, and offtake concerns have shaken Altura. I just keep loading for the inevitable boom.
Lol.
Tesla. Win.
Traders. Win.
Investors. Win.
Jeff Sica. Lose.
Shorts. Burn.
Hopefully not yet. Want to get more down here.
Nice call Scott.
Congrats on the debt restructuring $DSGT!!!
My biggest investment is WRFX as well.
That's inaccurate. Across the board Lithium mining companies have seen significant pullbacks over the last six months including major players like ALB and SQM. Furthermore, Altura sees over $1m USD trading volume in Australia, is a part of the LIT ETF, and has major international investments.
https://alturamining.com/wp-content/uploads/2018/07/2018-06-Top-20-Shareholders-as-at-30-June-2018.pdf
That's an inaccurate statement. It reminds me of the other inaccurate statement that the Reg A+ would never be filed. We are at day 77 since the Reg A+ filed.
The average length for the approval process is about 72 days. For established companies with more complex histories it can take greater than 90 days.
Therefore, I'd estimate approval mid-August to end of September at the latest.
11 weeks since Reg A+ filed.
Tic Toc
$WRFX.
Correct. They can't hold the lithium boom back much longer. Tesla is now producing 7,000 cars/week and ranks highest in customer satisfaction. That's one clear indicator of what's about to happen.