the technician

@fulovitboss There’s a fuck tonne of jaded cults on HotCopper that and paid actors it’s literally Minnesota pretending to be forum 😆😆😆

Relevant. The majority of HotCopper.. "You own $1000 of stock FFS"

@fulovitboss 😆😆😆

@UziCryptoo Because the system is designed to marginalise and breakdown families and non state sanctioned collectivism

My wife & I own a $800k house My parents own a $1 million house Sister owns a $1.2 million house Brother owns a $500k condo We could sell them all Pool our money together Buy one massive house Share the expenses And help each other Why aren’t more families doing this? 🤔

Breaking news from Chile! #Albemarle just announced that it will invest $3.1 billions in a #DLE project, the first of this kind in the country . It plans to recover almost twice as much #lithium as with current operations, rising the efficiency of the extraction process and reducing the pumping of the brine. Construction will begin in Sep 2028 and will be ready for operation in the first half of 2030. latercera.com/pulso/noticia/…

@jczuleta Congratulations hope it all pans out as Albermarle are not exactly the sharpest tools in the shed 👏👏👏

Petrol prices have surged (national average now ~$3–$3.36/L, with spikes pushing higher). 100km on petrol: ~$22–$24 at current prices — up to $33+ when it hits $3/L. Meanwhile, an EV charged at home off-peak (22c/kWh): just $5.90 for the same 100km. Midday solar-powered? Free — $0.00. Same distance. Wildly different cost. Electric is up to 4x cheaper per kilometre — and the savings stack up to around $3,000-$7000 a year. That’s a family holiday… every single year. The great energy transition is accelerating. Battery metals like #lithium are the clear winner. #Lithium #EV #Bullish 🚀🔋☀️

@sparkes_dwayne Thankyou once again sir I will add that very soon greenbushes will not be the deposit it once was as it finalises the high grade part of the deposit - the use of SC6 will most likely face extinction & SC5.2 or SC5.5 will be the new norm . Exciting for PLS & AVZ if compensated 🤞

Saw this article today on the Manono North Deposit and just couldn’t help myself but to make comment. I'll also give my opinion on the deposit as I've had a few people ask for it. Firstly, the deposit was stolen from AVZ shareholders. I hope AVZ holders get what they deserve for this deposit and it's absolutely pathetic by the Australian government to sit idle. Lots of hard earned Aussie dollars were put into exploring and developing the orebody and the government stays silent? This orebody needed to stay under the one company in order for it to achieve its maximum potential. Zijin gained control of what is now known as Manono North which predominantly consists of the The Carriere de l’Este Pegmatite, often referenced as the CDL Pegmatite. I do think it's the inferior part of the orebody. It's lower grade than the Roche Dure Pegmatite (not in Zijin's control and to the south) and from an early stage, it seems its metallurgy wont be as good. Personally I think splitting the deposit up was also a technical mistake. I think it was important from a metallurgy point of view to keep the both the north and south together. The article states that the Manono North mine will produce up to 130,000 tonnes of LCE per year. I’d argue it won’t be anywhere even close to this. 40.4/(0.82*6) = 8.2 tonnes of SC6 per tonne of LCE. 130,000 * 8.2 = 1.06 million tonnes of SC6. 6/(1.58*0.7) = 5.43 tonnes of 1.58% ore needed per tonne of SC6. I’ve used a very generous recovery rate of 70% and you’ll see why it's generous later. 1.06million tonnes * 5.43 = 5.75Mtpa This seems doable but the problem is, I don’t think Manono North is going to produce SC6 looking at historical met work and its grade. I think Manono will join the same club as LTR, PLS, MIN, in terms of recoveries. It’s not Greenbushes. I think it will produce somewhere around SC5.2. 40.4/(0.82*5.2) = 9.47 tonnes of SC5.2 needed per tonne of LCE. It becomes very different when you plug this in. So they are going to need far more than the 850kt of concentrate as stated within the article to produce those 130kt of LCE. At the time Zijin took control of the north section, the resource was entirely inferred. This is understandable given the lack of drillholes and met work that had been undertaken (AVZ were mainly focusing on the south and doing a great job). I could be mistaken, but I haven’t seen anything via satellite (generally signs of drillholes are easily identifiable) that suggest Zijin has done further work to progress the deposit from Inferred to indicated or measured. So there's a decent chance that the proper work hasn't gone into understanding CDL and it's getting rushed. One thing that is important to understand is that size of the deposit just one of the many criteria which should be used to rank a deposit. If the deposit is larger than 90-100Mt, I’d say it gets less and less important. Grade and metallurgy become king. So, Manono North is large, but lets talk about its grade and metallurgy. I dug into historical metallurgy testwork undertaken on the CDL pegmatite and it was average. I can’t find any flotation testwork done on CDL specifically, but the DMS testwork gave 55% recoveries for 5.6mm size and 66% for 3.35mm size. But here's the issue, the head grade used in these tests was 2.37% Li2O. The average grade of the deposit is 1.58% Li2O … What happens if you plug in the average grade of the deposit? So that rules out it being purely a DMS deposit and flotation will be required. Here’s some info from an old post on DMS and flotation from an older post of mine: x.com/sparkes_dwayne… So they’ll need to float it which means higher CAPEX and OPEX. There is some flotation test work done on the pegmatite to the south so I’ll use that as a bit of a guide (It’s a rough guide as metallurgy can change rapidly over 50 meters let alone kms). It came in at 81.5%. Lab work always comes in higher. Every single time. Also it's important to note that this test work was done on a higher grade pegmatite than CDL. One example which is comparable from a testwork and grade point of view is Kathleen Valley. Manono south's testwork for flotation comes in at almost identical to how Kathleen valley’s (whole of ore flotation not DMS + flotation) did. 81.5% vs 81%. Liontown’s recovery is now at ~63% for SC5.2, 18% less than what the test work gave and not for SC6 as their test work suggested. Just an example how lab tests don't equal what actually happens in practice. Summary: So in my opinion, Manono North will be somewhat similar to another Kathleen valley or Wodgina coming online. It's grade is somewhat above average @ 1.58% and I'd say its metallurgy is average. Yes it's large, but above 90-100Mt, this becomes less important. So overall a good deposit, but it's no Greenbushes and i don't believe it will spit out the tonnes as what many are suggesting. In order to get those tonnes you're going to need an extremely large capex and i don't think Zijin will invest that much given the nature as to how they got the deposit and also the jurisdiction (unstable). Those are my thoughts on the Manono North Deposit. Cheers for reading.

@TwinTurboCe1ica So very true sometimes chasing the bus when the times table shows another bus will be along shortly

Poor Matty. Watching him blow up in real time is funny (he is funny) but also hard to watch. We all been there. He is learning that sometime no trades is better than bad trades. Some of us have been trading shitcos for decades, and still go through the same emotions.

Look at those recent gaps 🔥🔥🔥

@sparkes_dwayne Excellent expose thanks for highlighting it once more I always wonder what WA spod con producers could do with mica also in their operations other than back fill .

Some random thoughts on the hard rock pegmatites as I sip my morning coffee. Nobody seems to be talking about the price of Tantalum which has just reached its highest price in 20 years. A lot of hard rock lithium companies produce Tantalum as a by-product. It’s a relatively rare metal that occurs in small quantities in pegmatites. Most deposits have an average grade of around ~130ppm Ta. It’s quite easy to concentrate given just how heavy it is compared to spodumene and the typical pegmatite associated deleterious elements. Tantalite a specific gravity of ~8 whereas spodumene comes in at ~3.1. However, its worth noting, like all metals and minerals, some deposits will have higher recovery rates and better metallurgy than others. As you can see on the diagram below, given just how heavy it is, and also that it generally contains iron, it can be removed before the flotation step with gravity and magnetic separation. The recoveries are generally quite low (I note LTR’s came in at 38% in their DFS - not sure what they are in operation). Whilst it’s low, it’s not bad for a by-product and such a simple and relatively low cost process (magnetic and gravity separation after SAG). I’d imagine it would be relatively straight forward to increase the recovery rates. For example the grind size is optimised to suit the spodumene as it’s the main game. If the tantalum price increases enough I’m wondering if there’s a sweet spot where you’d ideally tweak the grind to suit the tantalum recoveries a bit. Although I’m not sure what tantalum price you’d need to warrant that. Companies generally list it as a credit against the operating costs. In LTR’s DFS for example, they were estimating a US$48 credit per tonne thanks to tantalum concentrate sales. Which equates to a tantalum price somewhere around the ~US$84/lb CIF China mark. The current price of >30% Ta2O5 concentrate is $US260/lb (this is per contained Ta2O5). So to run through an example, last half yearly, LTR produced around 591dmt of Tantalum concentrate, which equates to 1,302,930 pounds. However, this would come out as a 12% graded product as stated in their DFS and is further upgraded offsite for a 4% loss. So total contained Ta2O5 would be 1,302,930 * 12% * (0.96) = 150,098 lbs of Ta2O5 per half year. So if you crunch the math, 150,098 x ~$US230(rough realised price) x 1.43(US to AUD) x 2 = ~$A98.7 million annually. It starts to become quite a significant credit, especially if you take into account the simplicity of concentrating it. I'm not sure of the offsite concentrating costs and its not listed anywhere. I'd imagine its still largely magnetic and gravity based so shouldn't be overly high relatively speaking compared to other processes. If the price of Tantalum continues to increase, you would think companies would start to implement/tweak processing to increase recoveries given how low they are. 38% is quite low if you ask me (using LTR as an example) and I'm sure there would be ways to increase this without hurting the spodumene output. Just a benefit hard rock mining has over brines! Maybe some of the smaller lithium players could look to implement a small scale WHIMS, etc. and start concentrating tantalum to raise early stage cash? If the price of spodumene holds above US$2000, and you throw in a juicy tantalum credit, you’re going to see some pretty decent quarters for lithium producers I'd say! Thanks for reading!

#Tantalum 90% increase YoY $PLS will be running their hands together 👏 🤑🔥🚀

@minnamyself Completely agree

Seriously, like they know what they’re doing! Angus Taylor just said that, “does Australians really think that One Nation can run a 3 trillion dollar economy”. Angus, does Australia really think the Coalition can? You just delivered the worst result since Federation. 43 seats. Your predecessor lost his own electorate. The party has split twice in nine months. You’re polling behind One Nation nationally and asking whether THEY can run the economy? Here’s a better question: who’s been running it for the last 40 years and how’s that going? Housing unaffordable. Manufacturing gutted. Economic complexity ranking 105th in the world, below Uganda. R&D spending the lowest in the developed world. 30 days of fuel reserves. 30% of exports dependent on one country. Prisons overflowing. Public housing waitlists where people die waiting. That’s not One Nation’s track record. That’s yours. Yours and Labor’s. Together. Over four decades. One Nation hasn’t had the chance to run anything because the two-party system has locked them out while delivering exactly the results Australians are furious about. The arrogance of that question is precisely why One Nation is polling where it is. Australians aren’t turning to Pauline because they think she has all the answers. They’re turning to her because they know YOU don’t. You want to win those voters back Angus? Don’t mock them for leaving. Ask yourself why they left. What’s your thoughts…? Peter Lyndon-James 🇦🇺

ABC staff striking... No one cares. Shut it down.

@QBCCIntegrity The ABC is irrelevant anyway only communists watch it just disband it alltogether

ABC demanding “Secure, Safe & Sustainable jobs” are striking after TURNING DOWN an offer of 10% raise and $1,000 bonus. In the private sector, NO JOBS are secure and sustainable means a reduction. I’m sick of the level of entitlement in govt. SACK THEM

@TruthFairy131 They think they know enough to do it better the past doesn’t matter and so they are doomed to repeat it 😢

Gen Z do we need to revoke your voting privileges? What the hell? 🤨 So you look around our country & think “yeah I want more of this & worse” What is wrong with you? 🤦🏼‍♀️

Lithium Ionic secures 5-year binding offtake for ~170ktpa from Bandeira with Tier-1, fully integrated counterparties, Yahua Group and Grand Chen: US$1,000/t floor (SC6), no ceiling; No discount to market pricing; Full upside exposure. Read the news here: ow.ly/n8A750YyoBW

While most eyes are focused on hydrocarbons in the Middle East, keep an eye on #Lithium in China as well... Some data providers flagged a weekly reduction in inventories, and prices have bounced over the past few days. We seem to be establishing a reasonable trading range at these levels which is nearly 3x the June lows...

The leader of Australia’s second biggest political party just brought our NDIS fraud investigation up in Parliament. @DrewPavlou Appreciate you @PaulineHansonOz for putting this on the national stage. This is exactly why we’re doing this. We’re also open to working with Labor MPs and Senators to help clean this up. No one’s reached out yet… but I’m sure it’s coming.

@EdKrassen @ProfSteveKeen Iran is Islam is a belief of lies

BREAKING: Iranian media is reporting that the Iranian regime says: “There is no contact with Trump, not even through an intermediary; Trump backed down after hearing that our targets would be all the power stations in West Asia.” Who’s lying?