Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
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Agree re nickel exposure, and the attractiveness of nickel sulphide. JT has mentioned sulphide deposits on a few occasions, so I'm pretty sure it's an area he's keen to get exposure to. As I said before, I'm reasonably certain APF were (possibly along with others) rebuffed at the last minute by SO4, when they chose equity/debt over a royalty component recently.
As an FYI, Altius Minerals provides some great potash exposure - their royalty portfolio covers some of Nutrien's longest life assets. Some being 1000+ years life of mine. Has royalties over some of Mosaic's operations too.
Hi cherryburn,
I've been involved with them for some time. The real EV " cherry on the cake ", is their Vermelho project, which is destined to follow a Hpal processing route. This will be Capex intensive ( If developed), so imo the better exposure to the future growth in Nickel demand from EV adoption, will be found here, with our BRN Heap Leach process, unless of course JT can get us exposure to a Nickel Sulphide resource with some hope of near/mid term production.
Hi cherryburn, been involved with them for a long time, Vermelho project is the EV " icing on the cake", but is a planned Hpal plant - very Capex expensive compared to our BRN Heap Leach process . So imo the exposure to Nickel in the future growth market (EV's) is better placed here, but I admire their BOD for their professional Business approach.
RedRoy.....worth looking at Horizonte with whom I had a 35 minute Zoom Meeting yesterday. I agree that it seems to be the 8:1:1 battery for choice going forward. They have Araguaia construction ready but capex of $443 million with IRR of 27%.
Morning Albus,
I looked at Lithium first when I started to follow the EV thematic, but the discussions around brine vs hard rock sources and the ensuing investment arguments put me off at the time, so I settled for looking at Nickel sources ( realising the inevitable shift towards 8/1/1 Ni/Co Mn battery development ). Like Cacher, I probably will have some exposure before the EV market starts to get properly going, but I will probably try and get it via a Royalty route. Hopefully APF can latch on to an advanced brine development coming into production in the next few years. I personally would prefer it, if we could first get some exposure to a near term Potash project as in my view, the EV/Energy Storage developments in Europe and N America are the targets to go for medium/longer term.
Hey Albus. Lithium is still a difficult one to call (for me anyway!) but as you know I'm extremely interested in the EV/battery/storage thematic. I'm currently invested in Albemarle. I picked those up a while back at around $60 for blanket lithium exposure. I'm kind of hoping one or two of my royalty plays might cover this particular space for me too. There's a few I like - such as Lithium Americas, but I don't have any position there yet. I suspect 12 months from now I'll have more lithium exposure, as it's a particular area of focus for me
Red and Cacher - May I ask if you have interest in Lithium (carbonate) and know what USA (GOV) are pithing into as far as Lithium battery power is concerned ?? Very appreciative of your comments
Cach and Red - may I ask if either of you have any interest in Lithium (carbonate) investment and knowledge what USA are pitching in
Yes, the importance of piaui is understated. Cashflow attributable to APF over the life of mine could easily be 2x APF's current market cap. Obviously we need to contribute further, but that's a significant asset that is starting to get a lot of attention.
Afternoon all,
I am looking forward to the Q3 results, and also the proposed further investment in Piaui Nickel/Cobalt project. Having followed nickel laterite developments since 2017 (HZM), I believe the Brazilian Nickel (BRN) unique Heap Leach technology, could be significant in the forthcoming EV Battery market boom. This coupled to their relationship with Techmet ( supported by funding from the US Govt. Funding Agency) should allow for rapid development to 1400tpa Ni output from the existing Demonstration Plant ( target 2022), and then on to phases 2 & 3 up to 25,000tpa Ni output.
These metals are already classed as " critical metals " to US National and Economic Security, protecting supported producers from Section 232 import quotas/tariffs. Our increased participation in this development, will be beneficial to the Company in the medium term 2022-2025, with it becoming a major income contributor in future, and does not preclude us becoming involved with other projects in the meantime.
Certainly prefer JT being interviewed, I agree.
He (JT) definitely said there would be news along with the Q3 update. I would be happier with something else apart from millions to be put into Brazilian Nickel with a return far away. Looking to divi to be maintained throughout 2021 so the purse strings may be tight. Will be interesting on the Loric figures. I just hope they keep KF away from talking to the media and playing things down or with any negative outlook
150p would be welcome. APF peers have seen some strong moves. Looking forward to hearing more on Piaui soon.
L2 looking even stronger and our buybacks can be described as laid back. The board must know this going to 150 on an update next week
L2 looking strong. No takers for offers at 109 showing up. Our dozy buyback teak probably wake up when we get to 111 at midday