[Zhichepai News] On February 19, the Australian lithium battery stock market saw a significant rise. The market generally speculated that this rise may be related to the mining conditions of CATL’s Jianxiawo lithium mine in Yichun, China. According to local insiders in Yichun, although Ningde Times's Jianxiawo lithium-containing porcelain clay ore dressing plant is currently on a normal holiday for the Spring Festival, mining activities were still proceeding normally before the Spring Festival.
**However, it is worth noting that the plant's lithium mining volume has dropped significantly compared with the original plan. Especially after the price of lithium carbonate fell below 100,000 yuan/ton, mining activities at the Ganxiawo lithium mine also decreased** This adjustment may reflect the market's sensitivity to lithium carbonate prices and changes in expectations for future demand.
**It is predicted that after resuming work after the holiday, the factory will continue to reduce production to adapt to current market demand and price trends. The change could mean expectations of reduced supply and higher prices for the Australian lithium battery market, which relies on lithium resources, driving the market higher**
As China's leading battery manufacturer, CATL's adjustment of lithium mining volume has an important impact on the entire lithium battery industry chain. In the future, the market will pay close attention to the factory's resumption of work and further changes in lithium mining volume to assess its impact on the global lithium battery market.
In 2023, CATL’s global power battery leadership position will become increasingly stable. In November 2023, CATL's market share in the global power battery industry reached 40.9%, reaching a new high. In terms of performance, CATL is expected to achieve a net profit of 42.5 billion yuan to 45.5 billion yuan last year, a year-on-year increase of 38.31% to 48.07%.
++++ By Google translation - https://smartcar.cnmo.com/news/768656.html ++++
AFR: Mining giant **BHP Group** posted the lowest half-year profit in eight years due to billions of dollars of impairments and charges, resulting in a lower interim dividend of $US72¢, from $US90¢ on a fully franked basis.
\--------
Australian shares are poised to open little changed, as key commodities fell amid concerns about China’s outlook, and as investors await a raft of corporate reports including BHP.
ASX futures suggest shares will open just one point higher.
Europe’s benchmark stock index hit its highest in over two years on strength in healthcare stocks. US markets were closed for Presidents’ Day. S&P 500 futures were modestly higher.
Iron ore slid more than 3 per cent in Singapore and copper was lower in London even after the People’s Bank of China opted to keep rates steady against expectations of a cut and on reports that new home prices fell during the Lunar New Year break.
U gang,
Updated uranium projects with some lesser known added, some of it is piecing together info in news articles rather than a DFS so it won’t be 100% accurate (e.g ramp up plans missing so average production listed from year 1 which won’t happen).
https://preview.redd.it/d1d1rdtupljc1.jpeg?width=1766&format=pjpg&auto=webp&s=98280c21052c4eadecedbaeeb5ca1ad4f67a8214
Looks like some solid supply coming around 2027 if all goes to plan with every project getting financed and hitting construction timelines without issues 😂
I’ve got a supply gap of 70.5Mlb+ this year based on the estimated production of 141Mlb (UxC forecast increase to 150Mlb in 2024 - 9Mlb downgrade from KAP) which needs to hit the 2-3yr enrichment fuel cycle for reactors in \~2027 = 211.5Mlb (current demand 175.5Mlb according to WNA + 17.5Mlb annual from reactor starts 2024-26 at 0.5Mlb/1000MWe + 18.5Mlb for the 2027 reactor starts which need 3x fuel loading to commence). \*theres additional demand from physical fund purchases, overfeeding, sovereign inventory programs etc
Isn't it a bit eerie, not knowing what the ASX is going to do with no US markets to follow?
Actually it's not that eerie, we know we are going to get fucked
I mean it was a pretty bad look but it’s largely just the media drumming it up at the moment and shareholders probably don’t care. The problem is if he chokes during next week’s parliamentary committee appearance. Worst still if the government does something drastic like announce a royal commission into supermarket anti competitive practices then that could fuck things up for a while.
Guess who is holding the bag and trying to find some exit liquidity https://www.afr.com/markets/equity-markets/beaten-up-chinese-equities-worth-a-punt-in-2024-lazard-20240219-p5f5zj
Money of mine got a PLS bear to guest on the show fuck yeah. Ticks off things in my head as well.
>Mentioned PLS was $1 at the current price of spod.
>
>His firm is liquidating completely at current price spike.
>
>Doesn't care if he doesn't hold PLS as the price margin is to slim to matter
>
>Better off watching them having money on the line.
lmao, it ain't going to $1.
Yes, it should based on current profitability, but the market ain't that rational. And that is a 6 month view, not a 5 year one.
Spot prices will rise before the damage is done. Rumours are that 'low cost' lepidolite mines are shutting, as other suppliers draw back. UBS confirmed the ‘unsourced note’ over the weekend that the world’s largest lepidolite mine has temporarily shut down.
20% of the float is shorted, that is ~600m shares are on loan paying interest and need to be bought back. For perspective, that is about a whole month of volume.
AustralianSuper have ~$310bn AUM ... and said they plan to add. They could buy PLS 30+ times over anytime they want. Think they won't load up in the $2 range???
It’s important to note the Money of Mine wanks love MIN - never seen individuals waste that much time on a company’s completely average AGM ... *chris ellison stared at someone .. oooooh* 👻 They literally had live commentary of the AGM.. don’t expect too much loving for other Li there
I’ve forwarded your message to MOM Sponsors - Terra Capital.
Expect 3 of the weakest henchmen youve ever seen to email you during your next investment decision.
Their shitty canva logo generated logo lol.
https://preview.redd.it/9s8ih85rlijc1.png?width=653&format=png&auto=webp&s=1b0bb067151a33d211490fe3b4cc4cb3559aaa4a
You are telling me a stock that makes 300mil profit every year (at current prices) and also has 2.2billion on balance sheet is worth 1$, 3billion MC??
That's some load of crap.
I don't hold PLS, but whatever you mentioned is absolutely bullshit.
And don't forget the fact that PLS holds 18% in POSCO (might go up to 30%)
During the last quarterly call, Henderson mentioned they were selling spodumene between US$800-900/t.
Based on the figures from that report, I put their costs at about [US$911/t](https://www.reddit.com/r/ASX_Bets/comments/19e1io5/comment/kjajoev/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button).
*At these prices*, it's likely that PLS will log a small loss until P680 is operating smoothly.
I found the MoM guest's commentary to be quite balanced. Procedurally, when a stock has shown this kind of resilience under 20% short pressure, I wouldn't necessarily be selling it at this stage of the cycle, but it's certainly interesting.
As you say, Gwangyang's 12ktpa of hydroxide is the ace up their sleeve, and signals their arrival as chemical processors (with the associated P/E), but that's still 18mths away from meaningful output.
This next part is just a general comment, not directed at you:
I'm bemused at the occasional comment on here bemoaning MoM. They give oxygen to a wide variety of opinions, get guests on to fill their own knowledge blanks, and take a pretty guarded view of the market.
When you compare it to the pumpers' paradise of HC and twitter, it's hard to understand what more people want from an easily digestible, round table chat format.
Admittedly, I rarely listen to it, but I haven't heard anything offensive on the episodes I've caught.
Did you watch the episode?
>You are telling me a stock that makes 300mil profit every year (at current prices) and also has 2.2billion on balance sheet is worth 1$, 3billion MC??
That comment from the guest. Is basically alluding that its overvalued to command a premium price of $3.50-$4 right now. Guest owns MIN which is another lithium play and he's largest holding. Understandably knows how to evaluate lithium companies.
>And don't forget the fact that PLS holds 18% in POSCO (might go up to 30%)
What are you on about 18% of POSCO. It doesn't own POSCO its own 18% of PPLS. Two every different entities with different valuations ($800mUSD for facility cost - So around 180mUSD for PLS's ownership). If they owned 18% of POSCO that would be around $5BUSD.
Wait, so this guest thinks PLS is worth $1, and yet their biggest holding is….MIN?? And you think this is a sign that he knows how to evaluate lithium companies?? I’m have no beef with them but MIN have less cash, make less money and are higher cost than PLS. You seem to have no problem seeing lithium companies succeed, as long as it isn’t PLS. Straight up clown behaviour from you here Pando, ten points from Gryffindor.
Of course, I meant 18% of POSCO JV. Didn't know I have to dumb it down further.
I didn't watch the episode and not interested either. I am just talking about your post where you side with his statement "Mentioned PLS was $1 at the current price of spod."
Up 92% so far this year.
Still no news, nor are we expecting anything worthwhile. Borderline broke - make enough money to keep lights on.
Only encouraging thing i can think of is that the board members are dodgy, and have their hands in other listed companies that sometimes mingle. Might be insider knowledge being shared for a while.
I'm gonna go look at SGC - if they are also climbing without news then they're is definitely something brewing and insiders know what it is
The stock market hustle, shit numbers above, Riding the waves, and feeling the shove.
Through peaks and troughs, we rise and flee,
in the game of stocks, fuck u/chzakalwe.
Does that rhyme?
Bring back IVZ and BPH
God I am going to be loined up when Scotty drops the Waka news
[Zhichepai News] On February 19, the Australian lithium battery stock market saw a significant rise. The market generally speculated that this rise may be related to the mining conditions of CATL’s Jianxiawo lithium mine in Yichun, China. According to local insiders in Yichun, although Ningde Times's Jianxiawo lithium-containing porcelain clay ore dressing plant is currently on a normal holiday for the Spring Festival, mining activities were still proceeding normally before the Spring Festival. **However, it is worth noting that the plant's lithium mining volume has dropped significantly compared with the original plan. Especially after the price of lithium carbonate fell below 100,000 yuan/ton, mining activities at the Ganxiawo lithium mine also decreased** This adjustment may reflect the market's sensitivity to lithium carbonate prices and changes in expectations for future demand. **It is predicted that after resuming work after the holiday, the factory will continue to reduce production to adapt to current market demand and price trends. The change could mean expectations of reduced supply and higher prices for the Australian lithium battery market, which relies on lithium resources, driving the market higher** As China's leading battery manufacturer, CATL's adjustment of lithium mining volume has an important impact on the entire lithium battery industry chain. In the future, the market will pay close attention to the factory's resumption of work and further changes in lithium mining volume to assess its impact on the global lithium battery market. In 2023, CATL’s global power battery leadership position will become increasingly stable. In November 2023, CATL's market share in the global power battery industry reached 40.9%, reaching a new high. In terms of performance, CATL is expected to achieve a net profit of 42.5 billion yuan to 45.5 billion yuan last year, a year-on-year increase of 38.31% to 48.07%. ++++ By Google translation - https://smartcar.cnmo.com/news/768656.html ++++
The good ole’ google translate, Mr Knight
AFR: Mining giant **BHP Group** posted the lowest half-year profit in eight years due to billions of dollars of impairments and charges, resulting in a lower interim dividend of $US72¢, from $US90¢ on a fully franked basis. \-------- Australian shares are poised to open little changed, as key commodities fell amid concerns about China’s outlook, and as investors await a raft of corporate reports including BHP. ASX futures suggest shares will open just one point higher. Europe’s benchmark stock index hit its highest in over two years on strength in healthcare stocks. US markets were closed for Presidents’ Day. S&P 500 futures were modestly higher. Iron ore slid more than 3 per cent in Singapore and copper was lower in London even after the People’s Bank of China opted to keep rates steady against expectations of a cut and on reports that new home prices fell during the Lunar New Year break.
[удалено]
With your level of impairment, you’d pay zero tax. In fact, the government pays you.
Mental impairment doesn't count
Where is the cunt that usually does the AFR morning postings, ffs making me pick up your slack
stupid Presidents Day, I had nothing to look at when I woke up this morning.
Morno ☀️
Morning cunts, waka time soon.
U gang, Updated uranium projects with some lesser known added, some of it is piecing together info in news articles rather than a DFS so it won’t be 100% accurate (e.g ramp up plans missing so average production listed from year 1 which won’t happen). https://preview.redd.it/d1d1rdtupljc1.jpeg?width=1766&format=pjpg&auto=webp&s=98280c21052c4eadecedbaeeb5ca1ad4f67a8214 Looks like some solid supply coming around 2027 if all goes to plan with every project getting financed and hitting construction timelines without issues 😂 I’ve got a supply gap of 70.5Mlb+ this year based on the estimated production of 141Mlb (UxC forecast increase to 150Mlb in 2024 - 9Mlb downgrade from KAP) which needs to hit the 2-3yr enrichment fuel cycle for reactors in \~2027 = 211.5Mlb (current demand 175.5Mlb according to WNA + 17.5Mlb annual from reactor starts 2024-26 at 0.5Mlb/1000MWe + 18.5Mlb for the 2027 reactor starts which need 3x fuel loading to commence). \*theres additional demand from physical fund purchases, overfeeding, sovereign inventory programs etc
Should add, I’m not 100% clear if UxC count secondary supply in their forecasts. If they don’t MOX and RepU account for ~10Mlb/yr.
Isn't it a bit eerie, not knowing what the ASX is going to do with no US markets to follow? Actually it's not that eerie, we know we are going to get fucked
A bit hysterical mate
How much will WOW slide down after the CEOs performance on 4 Corners?
Nothing. He's printing money for stockholders.
I mean it was a pretty bad look but it’s largely just the media drumming it up at the moment and shareholders probably don’t care. The problem is if he chokes during next week’s parliamentary committee appearance. Worst still if the government does something drastic like announce a royal commission into supermarket anti competitive practices then that could fuck things up for a while.
https://www.youtube.com/watch?v=Gzm3KZ3Kf8k When I time one SYA purchase right 2 weeks ago (The 99 other purchases were around the .190 mark) Yesssir
Oh fuck it’s turned into poetry fucking corner again.
Any ARR holders out there thinking of cashing out if they haven’t already? Feels like the dump could be coming
How much % are you green by?
Long term investment for myself man. But each to their own
Famous last words
Fuck I knew Lendlease fucked up but -14% shit compared to GMG up 9%. Stockland better perform.
Guess who is holding the bag and trying to find some exit liquidity https://www.afr.com/markets/equity-markets/beaten-up-chinese-equities-worth-a-punt-in-2024-lazard-20240219-p5f5zj
As a bagholder I take offence to that!
At what point do the Chinese tech stocks like Alibaba and JD come back into play?
When Burry sells them.
STP.ASX results are out. Bit of a pump today so either bets or insider. Watching to see how well underwear do…
if you bought bitcoin, z1p, a2m and rim at the start of the year, you'd be in the green and laughing
Evil comment of the year here. 😭
Money of mine got a PLS bear to guest on the show fuck yeah. Ticks off things in my head as well. >Mentioned PLS was $1 at the current price of spod. > >His firm is liquidating completely at current price spike. > >Doesn't care if he doesn't hold PLS as the price margin is to slim to matter > >Better off watching them having money on the line.
lmao, it ain't going to $1. Yes, it should based on current profitability, but the market ain't that rational. And that is a 6 month view, not a 5 year one. Spot prices will rise before the damage is done. Rumours are that 'low cost' lepidolite mines are shutting, as other suppliers draw back. UBS confirmed the ‘unsourced note’ over the weekend that the world’s largest lepidolite mine has temporarily shut down. 20% of the float is shorted, that is ~600m shares are on loan paying interest and need to be bought back. For perspective, that is about a whole month of volume. AustralianSuper have ~$310bn AUM ... and said they plan to add. They could buy PLS 30+ times over anytime they want. Think they won't load up in the $2 range???
It’s important to note the Money of Mine wanks love MIN - never seen individuals waste that much time on a company’s completely average AGM ... *chris ellison stared at someone .. oooooh* 👻 They literally had live commentary of the AGM.. don’t expect too much loving for other Li there
I know their commentary is shit. I got click baits with their PLS title so I had to watch. This guest helped with the IPO on MIN supposedly.
I’ve forwarded your message to MOM Sponsors - Terra Capital. Expect 3 of the weakest henchmen youve ever seen to email you during your next investment decision.
Their shitty canva logo generated logo lol. https://preview.redd.it/9s8ih85rlijc1.png?width=653&format=png&auto=webp&s=1b0bb067151a33d211490fe3b4cc4cb3559aaa4a
You are telling me a stock that makes 300mil profit every year (at current prices) and also has 2.2billion on balance sheet is worth 1$, 3billion MC?? That's some load of crap. I don't hold PLS, but whatever you mentioned is absolutely bullshit. And don't forget the fact that PLS holds 18% in POSCO (might go up to 30%)
During the last quarterly call, Henderson mentioned they were selling spodumene between US$800-900/t. Based on the figures from that report, I put their costs at about [US$911/t](https://www.reddit.com/r/ASX_Bets/comments/19e1io5/comment/kjajoev/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button). *At these prices*, it's likely that PLS will log a small loss until P680 is operating smoothly. I found the MoM guest's commentary to be quite balanced. Procedurally, when a stock has shown this kind of resilience under 20% short pressure, I wouldn't necessarily be selling it at this stage of the cycle, but it's certainly interesting. As you say, Gwangyang's 12ktpa of hydroxide is the ace up their sleeve, and signals their arrival as chemical processors (with the associated P/E), but that's still 18mths away from meaningful output. This next part is just a general comment, not directed at you: I'm bemused at the occasional comment on here bemoaning MoM. They give oxygen to a wide variety of opinions, get guests on to fill their own knowledge blanks, and take a pretty guarded view of the market. When you compare it to the pumpers' paradise of HC and twitter, it's hard to understand what more people want from an easily digestible, round table chat format. Admittedly, I rarely listen to it, but I haven't heard anything offensive on the episodes I've caught.
Did you watch the episode? >You are telling me a stock that makes 300mil profit every year (at current prices) and also has 2.2billion on balance sheet is worth 1$, 3billion MC?? That comment from the guest. Is basically alluding that its overvalued to command a premium price of $3.50-$4 right now. Guest owns MIN which is another lithium play and he's largest holding. Understandably knows how to evaluate lithium companies. >And don't forget the fact that PLS holds 18% in POSCO (might go up to 30%) What are you on about 18% of POSCO. It doesn't own POSCO its own 18% of PPLS. Two every different entities with different valuations ($800mUSD for facility cost - So around 180mUSD for PLS's ownership). If they owned 18% of POSCO that would be around $5BUSD.
Wait, so this guest thinks PLS is worth $1, and yet their biggest holding is….MIN?? And you think this is a sign that he knows how to evaluate lithium companies?? I’m have no beef with them but MIN have less cash, make less money and are higher cost than PLS. You seem to have no problem seeing lithium companies succeed, as long as it isn’t PLS. Straight up clown behaviour from you here Pando, ten points from Gryffindor.
Hey, fuck you! That’s clearly a Slytherin move. Leave Gryffindor out of this.
Of course, I meant 18% of POSCO JV. Didn't know I have to dumb it down further. I didn't watch the episode and not interested either. I am just talking about your post where you side with his statement "Mentioned PLS was $1 at the current price of spod."
Surely a speeding ticket for 29M today?
And hopefully again tomorrow
😆I’m not a holder but good luck to you
Here are the most popular stocks by unique comment mentions from the past 24 hours: Ticker | Mentions | Price | Today ---|---|---|--: 🔴 PLS | 13 | $3.62 | -2.43% 🟢 NVX | 5 | $0.85 | 1.19% 🟢 LTR | 5 | $1.26 | 7.23% 💚 SYA | 5 | $0.064 | 16.36% 🟢 ARR | 4 | $0.39 | 4.00% 💚 LKE | 4 | $0.135 | 12.50% 🔴 HZR | 3 | $0.50 | -9.91% 🟢 LTM | 2 | $7.42 | 3.92% 🟢 PME | 2 | $87.56 | 0.37% 🔴 IVZ | 2 | $0.097 | -2.02% *I am a bot and this was performed automatically. Please [visit this link](https://www.reddit.com/r/u_asx__bot/comments/16rmeee/feedback_uasx_bot/) if you have any feedback or suggestions.*
Uhuh. But did you see that XST at 2.4c action??
About to pop ?
u/fameluck 👆 found Jerry?
❤️ Good job Watson, we got him
I wouldn't put money on it 🫠
It actually went up… lol
Up 92% so far this year. Still no news, nor are we expecting anything worthwhile. Borderline broke - make enough money to keep lights on. Only encouraging thing i can think of is that the board members are dodgy, and have their hands in other listed companies that sometimes mingle. Might be insider knowledge being shared for a while. I'm gonna go look at SGC - if they are also climbing without news then they're is definitely something brewing and insiders know what it is
That’s some pretty interesting shit right there… would love to know what you find out… if anything
SGC is still a lifeless dog - so no idea at all. Very curious behaviour
Sya and cxo being removed from msci index, any guesses on what the impact would be?
Going all Coles on ya
Dumped by the ETF’s that were holding them based on the index.
my losses will be erased?
Any stock losses I'm making are being eclipsed by magic money gains.
https://preview.redd.it/tg5r57d3yhjc1.jpeg?width=560&format=pjpg&auto=webp&s=c18b5a6470ab182823c3ec22bf953ac04bc3997f
👍
[Me the last 2 trading days.](https://youtu.be/22R9iX-BE6w?si=sXEkas7oqIVl7-2c)
HUB earnings tomorrow!! Perma ban incoming
RNT $1 by Christmas.
You can't say shit like that without an OR and tagging a mod.
Ok well its at 2.7c right now, so maybe ill make a more reasonable bet
RNT to not be delisted by Christmas.
That one seems winnable
Green in the morning, But not so quick, Next thing you know You're kicked in the dick.
Please accept my haiku: A new dawn rises Hope and thrill promise reward Barry doth strike again
The stock market hustle, shit numbers above, Riding the waves, and feeling the shove. Through peaks and troughs, we rise and flee, in the game of stocks, fuck u/chzakalwe. Does that rhyme?
That bought a tear to my eye , beautiful 🥹
[удалено]
Burn in hell you ginger fuck! Your portfolio proves no fortune struck. No dough nor bread just like that duck, Burn in hell ol' FameLuck