The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Tyson, if you get 5 mins could you double check this partnership please. 6 countries where they currently extract bromine, standard could set up modular sites ? Permits should be straight forward as Tetra already extract bromine and Standard tech was talked about by Mintek as scaleable modular. Licence it out not just across Arkansas?
STANDARD LITHIUM "85,000t and 286,000 tons of LCE.". This is the potential Standard currently has.
Remember the "MODULAR" model ... Tetra looking and weighing in to the lithium / zinc market in the US & 5 other countries in the world.
STANDARD LITHIUM news from partner.
"For bromine, the technical assessment has identified a brine exploration target estimated to contain between 2.54 and 8.58 million tons of elemental bromine and for lithium the exploration target estimated to contain between 16,000 and 53,000 tons of elemental lithium. Using an elemental to Lithium Carbonate Equivalent ("LCE") conversion of 5.323, the lithium amounts to between 85,000 and 286,000 tons of LCE."
STANDARD LITHIUM to buy up the options in Tetra's land holdings?
http://ir.tetratec.com/2021-08-02-Tetra-Technologies,-Inc-Announces-Preliminary-Exploration-Lithium-And-Bromine-Targets-From-Tetras-Arkansas-Smackover-Formation-Leases
Yes always the what if, but I will keep my powder dry.
I only have 5,600 shares at an ave of 2.10 CAN$
So about $5,000 up. It’s a good start!!
Loving this lithium brine. Got VUL SLI & E3. Marvelous
Good luck tyson. Hold , wait for any pull backs and top up. E3 will do an SLI as suggested yesterday.
I'm sure it will drop back at some point towards 2.20-2.30 and then up again. Same as SLI were for 18 months. Quite often very frustrating and you will wonder why its down and for so long and then whooosh. It goes on a ripper.
Well done for buying in early. I see SLI pushing up 10% too.
E3 Metals Corp (ETMC) NPV
Sell:3.03 CAD
Buy:3.06 CAD
Change: 0.32 CAD (11.85%)
And is now knocking on the door of $3!
Thank you. I know it’s not advice.. it’s interesting to hear you thoughts. I’ve only been in “shares” a few years. Some forays were not good. I have also missed out on upsides , as I’ve left the money on the table hoping for more and missing the profit.
I could see many in ITM doing this - I bought about 18 months ago , maybe a little more, at 185. It shot up to 360 but I held on. Dropped to 2.80-3.00. Eventually sold about 3.00. For back in about the same price and sold at 4.00..
I look back and see 700 but then back in the 400s.
I did ok on that, but it was lucky, and I really say traded. I can see plenty who get in on the FOMO and then get left high and dry!
It was why I took my investment out of SLI. But as it’s up almost 200% what’s in is , as they say , a free ride.
When the BTC miners really break again, I ll sell up most - all but ARGO probably and bank the cash.
Tbh when I get to my target I’ll probably be boring and put most of it in a huge fund or two and hope for 5-6% pa and be able to live v comfortably.
Fingers crossed
Makes me think I should buy more ;-)
If it drops again I may well do so!
Standard Lithium now process lithium carbonate within 36 HOURS
"In the conventional process for lithium extraction from brine, the lithium-rich salt water is pumped to the surface and deposited into a series of massive ponds that occupy many thousands of acres where passive solar evaporation occurs. This process can take anywhere from eight months to greater than a year. After the water has evaporated, and other minerals have been precipitated out through the addition of chemical reagents, the remaining lithium enriched solution is transferred to a plant where additional unwanted elements are removed from the solution. It is then chemically treated to create the final product of lithium carbonate, or further processed to lithium hydroxide. This entire process involves pumping millions of gallons of brine per day to the surface in some if the driest and most fragile eco-systems, the process is also very inefficient with lithium recoveries of roughly 50%, leaving much of the precious material unharvested. The removal of massive volumes of brine can also impact nearby freshwater aquifers exacerbating existing water shortages, and the evaporation process leaves huge salt tailings piles.
A new, modern approach to how we extract and process critical minerals like lithium is overdue. STANDARD LITHIUM are making a move on the market supply of Lithium Hydroxide.
Standard Lithium now process lithium carbonate within 36 HOURS
"In the conventional process for lithium extraction from brine, the lithium-rich salt water is pumped to the surface and deposited into a series of massive ponds that occupy many thousands of acres where passive solar evaporation occurs. This process can take anywhere from eight months to greater than a year. After the water has evaporated, and other minerals have been precipitated out through the addition of chemical reagents, the remaining lithium enriched solution is transferred to a plant where additional unwanted elements are removed from the solution. It is then chemically treated to create the final product of lithium carbonate, or further processed to lithium hydroxide. This entire process involves pumping millions of gallons of brine per day to the surface in some if the driest and most fragile eco-systems, the process is also very inefficient with lithium recoveries of roughly 50%, leaving much of the precious material unharvested. The removal of massive volumes of brine can also impact nearby freshwater aquifers exacerbating existing water shortages, and the evaporation process leaves huge salt tailings piles.
A new, modern approach to how we extract and process critical minerals like lithium is overdue. STANDARD LITHIUM are making a move on the market supply of Lithium Hydroxide.
US LITHIUM NEWS.
"positive Preliminary Economic Assessment targets the production of 20,900 tonnes lithium carbonate from a 3,140,000 tonnes lithium carbonate equivalent (LCE) Indicated Resource from the 150,000 acre Lanxess project."
RRI 41%
All in cost to produce battery grade lithium in the USA $4.500 approx and selling for UPWARDS of $10-12,000 PER TON.
Production of the lithium from brine is not vapour pools which typically take 12-18 months as in most of South America. Nope, Lithium Carbonate at Smackover site takes 24 HOURS ONLY. 24/7 operation from liquid brine so no drilling.
US E Mobility partner Laxness ex Bayer company are to create an E Mobility Group and to ensure supplies of DIRECT LITHIUM within the US have partnered up with Standard Lithium.
The factory starts up within days if not hours now so information on the buyer of the lithium should be very soon.
https://www.just-auto.com/news/lanxess-creates-e-mobility-group-initiative_id196733.aspx
STANDARD LITHIUM TAKEOFF news must be soon with their partner Stellantis doing a deal with LG in the US.
Where is all the US lithium going to come from ?
USA STANDARD LITHIUM - "20,900 mt of battery-quality lithium chemicals in Arkansas, representing roughly five times the current domestic production."
Starting the production as the plant is due to switch on the FULL power within days.
Now up 11% in a day. WITHIN DAYS may now be HOURS left before the switch on.
Must be an offtake RNS for Standard Lithium soon with todays news in the US that Stellantis & LG are to link up in America. Only a matter of time + news and figures of production from the newly operating demonstration plant in Smackover Arkansas.
US Standard Lithium to ADD 5 X current US supply of Lithium.
Tyson , the demo production plant literally only opened up 5-6 weeks ago. They will be testing and tweaking and will announce their first test batch amounts, grades and outlook info I guess once they are confident. Hold your horses mate, we have waited 3 years to get to this point and for me $1.40's so I am already massively up and we are only at demo stage.
Just imagine full production !
Still have to disclose take off contracts.
IRR on your money 40% to 32% on full production. Lithium sector averages 23-26% IRR so even worst case the IRR is way way above the sector average.
Just watch wait , buy any daft drop and it will bounce quicker than tigger !
They don't have a button for SUPER STRONG BUY teehee. Have I lied to you yet on here ? Nope. I even gave you a target that got hit end of last week.
Trust me my money is where my posts are. I expect nothing less than expansion and multiples from this modular expandable format.
Tyson, a guess here.
Last big news PEA saw the price drop from the 11's as you pointed out on here to 8's and I topped around 9.20 after testing the base. As I said last week I was looking at 13-15.00. I took some profits at 13.30's & 13.10's. I posted I had done.
Gut to me is saying this drop is prior to good news again ? Similar to the fast rise to 11's and back to 8's.
Maybe 9-10's on no news.
Offtake and it could go towards 20-22.00 but I would be certain of 15 at worst for takeoff.
Production figures from demo plant should push 15 anyway.
Just go with it. Nothing to worry about , infact it could present a buying opp ?
Weirdly I also added to CUSN due to me wanting to see it push back above 14p. I can see 22-25p in the short term. 3 months to 2022. 2022 Cornish Lithium spin out to public company, we get shares and royalties, win win. Like with E3 an early stage but build and build and build over time is my guess. Not financial advice. CUSN same as E3 & SLI.
Don't chase E3 imho. It will pull back at some point. Was 1.80 not long ago. Now 2.60. That is a good mark up on no news, so yes a pull back is due.
Having said that Standard were up and down between 1.30-4.00. Once they had arrived at pilot to demonstration and being the 2nd to market only they hold an obvious advantage. No wonder they hit 12+. Still more to come. So I go back to E3. It will for the next 12 months go up and down probably between 1.50-3.50+ and keep on doing that ie Standard. I bought today strangely enough and with SLI profits. It had hit my target. Initial still in.
E3 just buy sub 3.00 imho. It will do an SLI in time 18-24 months.
Yes E3 on a bit of a run.. avoid the temptation to add more today.. if it had been early I’d have been happy but not chasing it. Will see where it lands in the coming days may regret it but….
Also thinking of adding more to CUSN. Would be happier if I could buy CL but don’t have the liquidity, enough of, outside my isa/SIPPs.
Bc any descide if 15p is cheap!
Am repeating my previous messages but was v surprised to see the 10% SP drop today.
And news coming…
I don’t know but SL dropped 11% so far today.. glad I sold some and tempted to buy it all back ;-)
Why drop If all this news is coming thru??
USA STANDARD LITHIUM - "20,900 mt of battery-quality lithium chemicals in Arkansas, representing roughly five times the current domestic production."
Starting the production as the plant is due to switch on the FULL power within days.
Now up 11% in a day. WITHIN DAYS may now be HOURS left before the switch on.
Must be an offtake RNS for Standard Lithium soon with todays news in the US that Stellantis & LG are to link up in America. Only a matter of time + news and figures of production from the newly operating demonstration plant in Smackover Arkansas.
STANDARD LITHIUM TAKEOFF news must be soon with their partner Stellantis doing a deal with LG in the US.
Where is all the US lithium going to come from ?