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Within the last year, FTSE Russell has revised its classifications and pricing structure. What already cost tens of thousands of pounds would now cost us tens of thousands of pounds more...over double, in fact.
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To leave you on a positive note and with something to look forward to, we are near to completing the build of a suite of Private Investor Tools which are scheduled for launch before the year is out!
Cordelia Orr-Ewing has kindly updated me on the Gold bears and Trader show held on Saturday night in which Peter Secker took part from BCN.
The booth did not get a huge amount of attention but then neither did anyone's really.
Peter took part in a main stage commodity debate, had his own presentation slot (well attended) as well as a brief proactive video. Depending on how good the video is we might put it on the website or ask St brides to send it round the distribution list.
we're not actually generating anything...building up some nice investments for sure, but that's all at this stage
investment takes money and we're not generating any, so we have to borrow in one form or another
in the past the hype around Li and REM was good enough to give us a boost, now its not.....so we wait, hopefully for DL to bring home the bacon.......
i would like to see some emphasis on shareholder value, but the counter argument to that is that DL is building shareholder value through REM's investments........this is the jam tomorrow model
however if DL doesn't sell some investments to fund future growth we will inevitably need more finance.........bit of a catch 22...maybe sonora and a couple of giant lithium mines will short circuit the process
Of REM - th commodity is in so much demand. There is a tug of war going on with the rulers of the world ( Banks not governments) Too much money involved in oil- lithium and its disruption is a nasty distraction. We are being suppressed because we are a threat.Conspiracy theories? I don't think so. Syria and ISIS are all part of the distraction. ISIS can be squashed as soon as it was invented, but how will it affect us? Million dollar question! There is a shift towards green energy - no question and how long will it take for us investors is the Billion dollar question.
poster (asx) Just saw this paragraph in the LIT Chairman's address. Liking the sounds of this. DYOR​
"Whilst establishing an initial presence in America, LIT has been busy with its projects in Australia and Europe. We are very close to completing a Joint Venture Agreement with European Metals Holdings Limited (ASX:EMH) which has advised that it is compliance listing on AIM next week - on 10 December 2015. EMH holds 100% of the Cinovec Project in the Czech Republic - a project the focus of LIT’s international aspirations and which has been developed into Europe’s largest hard rock lithium deposit based on LIT’s revolutionary licensed process. This is significant for both companies, and given the current expected ramp-up in demand for lithium over the next 2 years, LIT expects potential supply from Cinovec into the European market to coincide with the demand increase."
andrbea lit up 5% (asx)
Lithium Australia launches The Power of 3​
Growing lithium demand and expanding applications have not only created a thirst for the commodity but also a thirst for knowledge. To bridge that gap, Lithium Australia is proud to sponsor The Power of 3, a monthly newsletter exploring what some commentators are now referring to as the ‘lithosphere'. The inaugural edition – which can be found exclusively on the LIT home page
poster 29.11.15 (emh board)
Hi All, Apologies to those not keen on DL airing his opinions in public, but as it relates to Tukebay's great post above, I thought I'd share what he commented an hour ago on the REM forum: ***************** "It was indeed Mark Hohnen, the new BCN, board member, who introduced me to EMH, their board and the real potential of the Cinovec Lithium Project in Czech Republic. It wasn't until I spoke to my USA mates that I realised how important this Cinovec Project could be for the world in time.
I have been talking to Mark Hohnen, with COE, about joining the BCN board for a long time. Mark is very connected in to the very big Japanese, South Korean and Chinese groups.
I can't say any more folk.
Have a good week next week, and I hope the shooters out there decide to cover." ***************** Also, with COP21 looking likely to grab some headlines over the next ten days, the stage is perfectly set for AIM listing, scheduled for the day after summit ends. Cheers, Paul.
Hard to fathom the falling SP of REM. The commodity is so much in demand!!!!
poster (pls board, asx)
"Lithium is hot and looking like it will be hot for a very long time."
His full post (dated today)
Here's the thing. The Chairman and MD are the two top shareholders, so you can be assured they are going to avoid unnecessary dilution. Secondly, I firmly believe PLS is in a fabulous position in terms of the asset owned, and the demand for said asset. I am sure that most longer term followers (even) are still trying to figure out the true value of what PLS has discovered at Pilgangoora (added to the imminent tantalum business). Beer & Co have provided some early guidance, and perhaps by February, when the PFS is due, we will have a better idea. However, I keep thinking about the fact that Greenbushes is spoken for, and as far as I am aware, the sole supplier of technical grade lithium to the world market. Throw into the mix the mounting evidence that Pilgangoora is a huge resource on a world scale. Jumpinjoey who has been to site, posted that he gained the impression it was 100mt to 150mt. My tea leaves keep saying it is bigger than that. Also, we know that the major lithium players are looking to expand their businesses and will have to have certainty of supply if investing large $$$ in refinery capacity. (The next resource upgrade and Beer & Co analysis should be very interesting)
They have just raised $12m, and could have raised multiples of that (refer Cymon's post), in a market which is generally hating the Resource Sector. That speaks volumes.
Lithium is hot and looking like it will be hot for a very long time. Tantalum is no slouch either.
The pullback has been tough to watch, but I am seriously sanguine about this stock, and think that we are on the cusp of a big run up. The fundamentals on this company are outstanding, and there is every pointer to it being completely under-valued.
I posted a while ago that I felt there is a 7 month plan. Given that they are now completing a PFS, I actually think we are looking at more like a 3 month plan. Something is going to give folks. This is like a coiled spring.
I am sure I heard or read somewhere they are looking at a potential 3mt pa plant, to produce a concentrate. (Previous Beer & Co analyses were based on 1mt pa, I believe)The economics on that should be fascinating, in a market where lithium is set to rise 20% per annum and that is in US dollar terms (as the $A will trend lower). That is then a 30%+ rise in $A terms. I would not be surprised if tantalum is doing the same. Meanwhile, mining costs are going down, as the rest of the sector tanks or struggles. Perfect scenario.
I personally cannot see debt funding being the preferred option, but you never know. I think it more likely the plan is for one of the larger lithium companies to take a serious slice of the action and provide the funding, however that deal might play out. I cannot believe
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