#PREM - Premier African Minerals. London listed. Has an MCAP of ~£100m, about to produce Spodumene @ 6.5% grade with an offtake agreement on a Spodumene / Lithium Hydroxide profit share. Prem has an expansive resource with an enormous EPO, as well as a 50% ownership of a project in Mutare with LI3 - Canada listed. Very exciting and undervalued prospect going forward into 2024.
Awesome breakdown! 🚀Heard Fuse Minerals is making waves with lithium in their Aussie projects. Any chance you could share your insights on them in an upcoming video?
It's not just Lithium. Any material used to make batteries will continue to be under pressure. Everyone is working on making batteries using any type of material what will work. Even if some of those are not good for making cars they can be used in grid storage and other applications that will reduce the demand for Lithium and other materials in "todays" batteries. Also, as ICE is phased out materials used to make catalytic converter will start to drop.
LTUM - Lithium Corporation Their stock has been less than $1 dollar for over 6 months How can a stock under $1 dollar still be listed on a major exchange like Nasdaq
Thanks for the comment and for taking the time to view our content! I believe there are listing requirements and if not rectified within a certain time period the stock is removed.
@@BloorStreetCapital I just found out today it is OTC stock. , I bought it on the MooMoo Brokerage account. I didn’t know they were selling some OTC stocks as well, I thought everything listed was on Nasdaq stock market or NYSE
Thanks for the comment Jim and for taking the time to view our content! It is interesting to see the amount of investment in battery metals from both OEMs and producers.
Since I have personal experience, a lot dirty and selfish people work in PPP ...they just say that they care..but in reality they are universal" yes sir! " robots working for money owners
There is under supply , there is oversupply ! Everyone is saying whatever they want yet no one is giving transparent figures and referring to primary sources of information . Who talks about actual amount of inventory held by the Chinese ? The mechanism by which the the Chinese buy and supplement their inventory . Is it a state secrete ? No one !
Thanks for the comment Vic and for taking the time to view our content! You make some very valid points. Many price forecasters made some very bullish projections in the past year but what they found out they were very wrong. The exception was Goldman Sachs, they were very negative last year as the price hit $80k. When it comes to the Chinese no one knows and know one will ever know and this is one of the problems with predicting lithium pricing.
Thanks for the Reply. I would suggest if someone actually did some forensic figures - how much was sold and to whom and how much has gone into batteries then we may be able to get a really rough assessment of remaining inventory . No one seems to want to do the work . I still enjoy watching and listening to your channel but wish some consultants could be more factual and busy getting some real stats.
Easy for me to criticise in retrospect, but this hasn't aged well and shows poor judgement on part some of the commentators. From here, I think spot has some further bearishness and likely bottoms out $11.
