digital_lefti

ASX Trader and Investor. #uranium #gold #lithium #technicalanalysis #activetrader #stockpicker. Thoughts and opinions are my own and not financial advice

[digital_lefti @digital_lefti]

$SYL.AX Symal Group quietly well positioned for the infrastructure build out ahead. Diversified across roads/rail, data centres, utilities & defence with strong $1.6b+ WIH and multi-billion tender pipeline. #asx #stocks #infrastructure #renewables

[digital_lefti @digital_lefti]

Hillgrove Resources $HGO.AX (copper miner in SA) on a nice ST uptrend, needs to clear and hold 6c and we could zoom to the 8's. #copper #stocks #asx #criticalmetals

[digital_lefti @digital_lefti]

@respeculator HGO for leveraged copper play or SYL for infrastructure contractor across eastern seaboard

[Owen Rask @OwenRask]

One final call out to @AustralianLabor @AlboMP @JEChalmers (or anyone happy to talk long term policy and economics with 100-200k+ Aussie viewers/listeners).

We’ll fly to you, give you an entirely open platform to share your perspectives and policy (not just budget related | no name calling, just honest discussion). We will respect your time.

This is a genuine media opportunity to inform the Australian people about your economic policy.

We’ve already heard from @ajamesbragg at Parliament House yesterday and the discussion will be *extremely popular* (private feedback has been very compelling - goes live Friday).

While I’m a small business owner and represent 200k+ investors (and have been outspoken about the min CGT) I will always approach this with an open mind and let our community decide.

We’re also happy to hear from others, including independents (@DavidPocock @spenderallegra).

DMs are open. If anyone has the ALP ear - come and convince us!

[Dwayne Sparkes @sparkes_dwayne]

A couple of days have passed now and I’ve slowly recovered from reading the GS supply table. Some more ramblings on the current lithium market whilst I sip my morning coffee (managed to get this one down).

Following on from my previous post regarding lepidolite production within China. The Chinese have shown that they are willing to mine spodumene at a near loss. It seems they aren’t too bothered about losses at the mining stage if it means greater control over the market. Alita with the whole Bald Hill mine debacle, were allegedly selling Spod concentrate from Bald Hill well below the current market price (70% under) to their Chinese offtake partner… See screenshotted article below.

So why is China suppressing the price with low grade internal sources? I believe Its to bide time to build stakes in overseas, high quality lithium plays, predominantly Africa given the Australians and Canadians aren’t willing to play ball. Chris and Gina are well aware of this, and its most likely they are aware that the lepidolite reserves are a short term band-aid solution.

As per my last post, you need roughly 84 tonnes of lepidolite ore to make 1 tonne of LCE. The contained lithium content of these low grade lepidolite mines is miniscule. The numbers below speak for themselves.

‘414 Mine’ has 130Mt @ 0.38% li2O.

Contained lithium = 0.0038 x 130Mt = 0.494 Mt li2O. That’s roughly 1.22Mt of LCE.

Compare that to Kathleen Valley. 156 Mt @ 1.4%.
Contained lithium = 0.014 * 156Mt = 2.184 Mt li20. That’s roughly 5.4Mt of LCE

So the ‘414 Mine’ is around 20% of Kathleen Valley in terms of contained lithium…😅

Also its not just about size, its how quickly can you get it out of the ground. $LTR for example is going to be a 4mtpa operation for 700,000kta SC6. You’ll need a 14.7mtpa operation to get the equivalent output from lepidolite grading 0.38% (414 Mine grade). And that's just the initial beneficiation stage...🤯

What we are seeing now is very similar to what happened with Iron ore. The Chinese attempted to use low quality, internal iron ore in order to manipulate the price. This turned out to be unsustainable and the price of Iron ore increased overtime.

I believe we are seeing this again with in the form of Lepidolite. Its almost déjà vu in fact, the iron ore price plummeted 70-75% to a low of $37 a tonne in Dec 2015. Goldman Sachs' predicted the iron ore price to touch $35 a tonne in 2017 & 2018. The opposite happened and the price went ballistic. See chart below.

Happy Friday everyone and cheers for reading.

[digital_lefti @digital_lefti]

Centaurus Metals $CTM.AX looking interesting at these levels IMO. World's next largets #nickel mine in development.Offtake secured = Glencore,LOI funding Brazil's NDB and a Project Dir. appointed all in a matter of weeks. #nickel #criticalmetals #asx #stocks MCAP Priced in??

[digital_lefti @digital_lefti]

@saulkavonic @respeculator How about property price caps ? Or does that not work with the Canberra negative gearing scene ? Let’s also cap potato chips and maybe anything four n twenty aswell while we are at it. FFS

[digital_lefti @digital_lefti]

Centaurus Metals $CTM.AX looking interesting at these levels IMO. World's next largets #nickel mine in development.Offtake secured = Glencore,LOI funding Brazil's NDB and a Project Dir. appointed all in a matter of weeks. #nickel #criticalmetals #asx #stocks MCAP Priced in??

[digital_lefti @digital_lefti]

@Rainmaker1973 iPhone 17pro?

[digital_lefti @digital_lefti]

It was inevitable in my eyes. #lithium price to react violently is my guess. #asx #min #pls #stocks

[digital_lefti @digital_lefti]

#nickel dynamics getting interesting now. $CTM.AX Centaurus Metals is ideally positioned to capitalise with its Jaguar Nickel project. The option of the Boi-Novo copper-gold project in Brazil is the kicker for me. Chart poppin on my scans. #criticalminerals #nickel #mining #asx

[digital_lefti @digital_lefti]

@CarlCapolingua Hi Carl, how do I get access to your TV indicator please?

[digital_lefti @digital_lefti]

$USL Unico #silver trend to continue after a healthy pull back IMO. Holding well above EMA and newsflow incoming. #asx #stocks #criticalminerals #timetobuyhardassets #stocks

[Gigi Penna @giginator_]

$100 silver
Woof.

[digital_lefti @digital_lefti]

$SGQ St George Mining drilling extensively for #rareearths in Brazil. Recent drilling indictaing the MRE could be a bumper. #criticalminerals #asx #stocks #EnergyTransition
#FutureMetals

[digital_lefti @digital_lefti]

Red Mountain Mining $RMX assays just in on their #antimony project in NSW. Market is waking to this one with volume and perk up in chart. #asx #mining #stocks #criticalminerals

[AGRO @agroasx]

$REMX

[Gassin123Charts @MrBreakouts]

$HGO.ax 4c = $140m Growing $Copper Producer Adelaide😎
3 Amigos #Copper #Silver #Gold Buzzing $Boomers Back🥳
WHY.. Prices Keeps Going 'Higher and Higher'🤑
https://t.co/WBK776NpBe via @YouTube

[Carl Capolingua @CarlCapolingua]

#LITHIUM — It's all too easy now!!! 🏄
🔍 +3.5% GFEX Li2CO3 > 118k CNY/t
🔍 +2.4% Aus Spod > $1400/t
🔍 Those with plausible narratives who held ALL THE WAY DOWN -90% will say "See, I told you so!"
🔍 But we know it's really: D > S = P⬆️😉
$MIN $PLS $IGO $LTR $ALB $LAC $LIT $SQM

[digital_lefti @digital_lefti]

$HGO Hillgrove Resources, a mid tier #copper producer in South Australia on the up. With recent underground development nearing completion to improve mining efficiency. Charts wanting to break 4.1c - lets see! #criticalminerals #stocks #asx #metals