SJ Lithium

Lithium and other Energy Storage Resources. Supply Chain Research and Analysis.

[SJ Lithium @sjlasx]

87MT @ 1.5% from the central area has enabled @pls_global to lift their resource average grade to 1.28% from 1.15%

In the process $PLS dropped 53MT @ 0.7% from their model

Significant achievement to both grow the resource & contained lithia by 14% & 23% respectively

#lithium

[SJ Lithium @sjlasx]

@BLSHigh Now do it by Enterprise Value was my first thought.

[SJ Lithium @sjlasx]

Gotta point out how much time I save with @moneyofminepod's Directors Special free subscription.

It's become morning required reading. Such an excellent roundup of mining news.

Keep up the good work Trav & Jonas. Appreciate you guys!

#MoneyOfMine #ASX

https://t.co/RjxPWLIrgy

[SJ Lithium @sjlasx]

Much chatter about the upcoming launch of ICE futures exchange settled against @FastmarketsBRM pricing.

I've seen some expect it to result in higher pricing for producers.

Wouldn't that be a case of the tail wagging the dog?

Thoughts on ICE impact on the industry?

#lithium

[SJ Lithium @sjlasx]

@DerGoldreport 11Mt sounds low. I have much higher figures.

In any event, it was reported in 2022 as having 29.4Mt @ 1.17%

[SJ Lithium @sjlasx]

@DerGoldreport @that_stocks_guy I have it at US$550-750t for Spodumene from the Western Zone (56.5Mt @ 1.09%)

That's a broad estimate, I know. Won't divulge source.

It would place it in the marginal range and potentially loss making at this point in time.

🇿🇼 #lithium miners currently pushing for Gov relief

[SJ Lithium @sjlasx]

Rodney, agree re forecast CAGR too bearish.

Mt Holland recoveries trending nicely.

Context is required re grade: $SQM sold 16kt Mt Holland SC at auction mid Jan @ 5.58% (misreported by SMM as $ALB Wodgina).

Aus rampup peer $LTR sold avg 5.2% Mar Qtr (5.1 produced).

#Lithium

[Rodney Hooper @RodneyHooper13]

Production stats from Mt Holland. $WES 50% share FY25 at 140-150kt, below guidance of 150-170kt. Recoveries are improving. 380ktpa is the nameplate. Losses expected at $60M. Assuming 300kt production for CY25 (100%), this is above our forecast. I strongly disagree with the demand chart, which assumes a 15.7% CAGR for energy storage to 2030. We're closer to 30%, resulting in a 500ktpa increase in lithium demand. #lithium

[SJ Lithium @sjlasx]

@CarlCapolingua It's required.

The cure for low prices is low prices.

The fastest route to the next bull run is through painfully low prices.

#lithium

[SJ Lithium @sjlasx]

Open question to the X #mining universe.

When was the last time you saw a company refer to their underground strip ratio in a presentation?

@LiontownRes did so & went so far as to compare it to their OP.

#lithium #ASX $LTR

[SJ Lithium @sjlasx]

@TR_Saab2002 Wasn't referring to news from the company rather a substantial notice change related to the volume & or news related to that.

As per my OP, Goyder sale already effectively confirmed no company news.

[SJ Lithium @sjlasx]

Monster closing auction & post action for $LTR

Over 90m traded for the day. ⅔ in the close / post

Meanwhile Liontown Chairman Tim Goyder submitted a change in sub holding for a 13/5 sale = no blackout period in effect

Expect sub notice to fall / news early next week

#Lithium

[SJ Lithium @sjlasx]

The #ASX sure took it's time issuing a price query.

I expect $LTR had the response drafted last weekend 🤣.

The answers were effectively already provided when the Tim Goyder change of holding was released earlier today.

So as expected, a short and simple NO.

#lithium

[SJ Lithium @sjlasx]

@moneyofminepod Handled it like the pros you are.

Walked the right line of addressing it while maintaining privacy & sharing genuine feelings and respect

Line in the sand conscientiously drawn.

Directors Special is a comprehensive daily must read.

Looking forward to whatever comes next 👊

[SJ Lithium @sjlasx]

Possibly my shortest post ever:

$CXO to achieve 78% recoveries from DMS only 😂

#Lithium

[SJ Lithium @sjlasx]

@Paul_Winf @LiontownRes I don't buy the tale.

Offtaker pricing is linked to formulas.

Pricing trend also down.

If it were to be true, the only reason I see is that a ceiling were put in place.

If it does turn out to be true then @asicmedia might be interested in you spreading MNPI.

Just a heads up

[SJ Lithium @sjlasx]

Ore sorter back on site and running at Liontown' Kathleen Valley.

Spectacular sunset views.

Perhaps @LiontownRes could set up some glamping tents for additional revenue.

How's the serenity

$LTR

#Lithium

[SJ Lithium @sjlasx]

@moneyofminepod Best of luck to you all

Thankyou Matty for helping to expand interest by taking a dry subject & adding some colourful Aussie flavour.

Tone of daily Directors Special is excellent.

Talented team with breadth of knowledge & understanding of the audience.

Onwards and upwards 👊

[SJ Lithium @sjlasx]

@JohnBro03967377 @FreddieYSia @AvzMinerals Didn't the Mali Gov refuse Firefinch shareholder approval as part of the deal?

[SJ Lithium @sjlasx]

@JohnBro03967377 @FreddieYSia @AvzMinerals Point is that it was a done deal without SH approval. SH just rubber stamped it at a latter date.
What would have happened if SH voted no?

[SJ Lithium @sjlasx]

@JohnBro03967377 @FreddieYSia @AvzMinerals What were the conditions with Mali and others? Did Mali refuse it being contingent on SH approval?