Alexi Mexi

[Carl Capolingua @CarlCapolingua]

#Lithium Minerals Update 24-Jun 🔋
>Carbonate 99.5%
GFEX Futures 60.7k RMB/t +2.7% 💪
SMM Spot 59.9k RMB/t -0.1%

>Spodumene
SMM Conc. Index $617/t 0%
Platts 6% $580/t 0%

>Hydroxide 56.5%
SMM Spot 58.57k RMB/t -0.3%
$MIN $PLS $IGO $LTR $PMT $VUL #WC8 $PLL $ALB $LAC $LIT $SQM

[Joe Tegtmeyer 🚀 🤠🛸😎 @JoeTegtmeyer]

Look who’s getting a @robotaxi ride! @TesLatino just finished his 1st ride & has a great suggestion … adding different languages to the app and in-car displays would be a great way to bring on more paying customers & make the experience more personal. Great idea!

[Juan Carlos Zuleta @jczuleta]

All #lithium carbonate futures prices rose today in the Chinese market for the second consecutive day. View the steady behavior of the main futures contract throughout the day. Stay tuned for further details.

[that stock chick @ausstockchick]

Australia has another censorship fight.

The social media ban.

Framed as a child protection measure to convince the masses.

We aren’t a nanny state.

15,000 submissions in 24 hours speaks volumes about why this bill shouldn’t pass!

#Auspol2024 #ausbiz

[Elon Musk @elonmusk]

Let’s give Optimus a hand for catching ball!

[Greatland @Greatland_GGP]

Telfer + Havieron: Australia’s Newest Gold-Copper Producer

Combining immediate substantial production and established infrastructure at Telfer, with Havieron’s multi-decade mine life and lowest quartile costs, Greatland is poised to become a significant gold producer.

$GGP

[that stock chick @ausstockchick]

Rate cuts aren’t coming anytime soon.

📌 Albo can’t stop spending.
📌 Huge population growth.
📌 Public sector employment is strong.
📌Public servants wages.

Australians are really suffering under this government.

But what did everyone expect?

#ausbiz #auspol

[James Heal 📈 @jdsheal]

The low lights from the proxy:

o In June Party A approached $ALTM to discuss a merger, taking a majority
o In August $RIO offered $5.25 cash per share
o No further contact with Party A since Sept 9th, where a $ALTM majority was discussed
o Sept 27th $RIO raise offer to $5.75 cash per share
o Oct 9th $RIO $ALTM announce agreed $5.85 cash per share.
o $UBS NOT authorized to solicit other indications of interest for this Tier 1 #lithium asset
o Not clear whether Gordan Dyal LLC solicited other interest
o $UBS being paid $34m to build a DCF model!!!!! FFS
o Gordan Dyal being paid $55m for their advise which did not incorporate the "relative merits of the transaction as compared to other strategic alternatives".

[James Heal 📈 @jdsheal]

The $ALTM $LTM $RIO preliminary proxy dropped on Friday night.

I spent the weekend reading it, so you don't have to.

IMO this deal now stinks even more

The proxy provides NO evidence that a rigorous go shop auction for this Tier 1 #lithium asset has happened.

Given where #lithium prices are and that #lithium equity valuations are all over the map the only way $ALTM $LTM equity holders can get certainty that the $RIO offer provides fair value is IF AN AUCTION HAS HAPPENED.

$ALTM $LTM have only disclosed dialogue with TWO parties - $RIO and Party A.

I can think of at least 10 well capitalized companies that have interest in a Tier 1 #lithium asset.

[Joe Tegtmeyer 🚀 🤠🛸😎 @JoeTegtmeyer]

I think there is plenty demand for all of these @Cybertrucks @Tesla keeps pumping out at Giga Texas & today, the sunrise lighting was a perfect backdrop for these shots in the outbound lot! I think they are excited to meet their new owners!

[HD Creative @HDCCreative]

$SYA keep driving down those unit operating costs! #NAL #lithium

[that stock chick @ausstockchick]

12 months from now the world is going to be a lot different.

I predict a #trump election victory. Markets to roar.

I also predict Albo will be booted in 2025 at the federal election.

#Lithium stocks to accelerate in 2025.

Not sure if I’m being too optimistic…

#ausbiz

[Daniel Jimenez Sch @D_Jimenez_Sch]

Eramet owns again 100% of the Ratones Li project by buying back the 49% it had sold to Tsingshan.

Strange.
Why would Tsingshan sell a "ready to produce" project?

https://t.co/xxBn05YRRm

[Rui @Ruycorto]

Which #ASX stock would you like me to analyze?

I'll pick a few and post the charts over the weekend.

Like & Retweet, and your chart request will be 100% guaranteed! 🙏

Enjoy your weekend, everyone!

[Haplo @HC_Haplo]

About $4b of hidden Arcadium Lithium synergies needed for Rio Tinto to get its money’s worth: analyst https://t.co/u5NFXYBmuj

[Rui @Ruycorto]

$SYA 😉

[that stock chick @ausstockchick]

In Australia we have a surcharge at cafes/ restaurants on public holidays.

I refuse to partake in this rort.

We all have become accustomed to just accepting credit card surcharges, public holiday surcharges, 30c for a paper bag.

Nope 👎

#ausbiz #auspol

[AGRO @agroasx]

$LTR shorters on fire today #asx

[James Heal 📈 @jdsheal]

The bottom is in for the #lithium equity bear market:

1. Equities tend to bottom 6 months or so before the commodity:

why - the market environment IS SO BAD that any further cyclical bad news becomes good news -

another slide on this tomorrow....

[that stock chick @ausstockchick]

The #RBA has said they won’t drop interest rates before Christmas.

UBS is saying next May.

Yet the US, UK and New Zealand are all moving into rate cutting territory.

It begs the question, how did Australia get it so wrong?

Excessive government spending.

#Auspol2024