Rock Stock Channel

E12: A New Star Alliance is Born: $A40 $GXY $002176


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Mr. Pegmatite, Mark Calderwood, who literally wrote the book about plain vanilla spodumene hard rock lithium deposits, discusses Alliance Mineral Assets strategic placement with lithium industry stalwart dealmaker Galaxy and joint venture with rapidly growing private China Jianxi Special Electric Motor.
With little fanfare, $A40 (formerly Tawana) has rapidly put into production for only ~USD75M capex the highest quality, premium priced spodumene ramping to 240,000 - 300,000ta SC6, while developing an innovative down stream strategy requiring no capital cost for exposure to hydroxide chemical conversion economics.
Rodney and Howard dive deep with Mark over 30 minutes Q&A before bantering amongst themselves about myriad Mr. Market news; $ALB & $LTHM earnings calls; management changes at LTHM and $LAC; The Lithium-ion Bull Market Scoreboard & Material Girl/Like a Virgin Lithium Developer Checklist; Tianqi & Ganfeng equity rights issue & convertible bond in Hong Kong and Shenzen.
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