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Hahaha and whilst typing out comes an rns.
Interesting day ahead. Not my bag so over to cornish and vis
vis - you do a very good job and your history shows you have a very good balanced view. Now is the time to grab a few shirt collars and ask are they investing or speculating / gambling ? I know after a very quick 100% what I think. Maybe a few words from you may calm things down a tad ? No rush for 3-4 years.
Concern that those who are now rushing in on NO actual news ( I have posted my views on trelavour ) think a US/UK v China senario is fantastic and will bid up the value ? I think last week saw some very bad calcs being done on actual value AND as a note of balance look at what Bacanoro have spent to get to where they are and then think about all that tin, copper, zinc , silver and other ree's.
You have seen the reactions and sp surge.
Have they just walked past the Christmas toy window of Harrods ? Once inside you see just how much it costs to buy your English Teddie v a Chinese made one. From my experience just be careful what you wish for. There is no way any US / UK company will undercut a Chinese company on price but then it would be a cheap shot to poor production. US / UK will be done the "proper" way = always extra costs.
One last thing - Cinovec. The biggest single huge deposit of lithium & tin and fluorspar, so virtually no waste especially on the section in the PFS targeted area. Virtually total production = GREED. S America see TAX as a way to generate from great profitable businesses. GREED has killed many a "special" project.
All I am saying is people need to calm down. Just be careful and careful what you wish for. I've made a bundle , my mate with his first try of buying shares is well happy but I have suggested even to him. Things come at a cost to the land of the billion pound company.
"One of the planned pilot projects, funded cooperatively by the DOE Office of Fossil Energy with industry cost share, combines the resources of the oil and gas industry with PNNL’s technology.
Oil and gas extraction across the US and Canada pumps subsurface water to the surface as part of the extraction process. Lithium is present in much of this water, over a wide range of locations. PNNL scientists estimate that if just 25% of the lithium in water produced through oil and gas extraction were collected, it would equal current annual worldwide production.
To explore this possibility, PNNL, Moselle Technologies, Canada Natural Resources Limited and Conoco Phillips Corporation will conduct a prolonged test at PNNL’s Richland, Wash., campus. There, the team will stress-test the technology by subjecting it to extended cycle testing with the magnetic separator system, a needed step for full-scale industrial production."
Standard Lithium are miles ahead in brine production demo plant up and running with a modular plan & tech which can be bought to expand on royalties.
E3 have 7 million tons of lithium carbonate on PEA not sub 1mt although CL will come in at 3-4mt lith carb imho on PEA. E3 have something like 150,000sq acres of predrilled oil and gas. The wells already exist so much reducing cost of extraction. No towns or villages to worry about and an aquifer thst is 13 Kilometres ....think about that....13 kilometres in length and about 8 kilometres wide under the licence land and pretested brine levels. Pilot then demo next year
Valuation-it-is: "Other winners are likely to be the Crown estate...."
Crown Estate has granted CL the rights for Lithium extraction from geothermal waters off the North and South Cornish coasts.
MO 20.18
This is the process that CL have been showing to people at their pilot plant at United Downs. It seems to be a disruptive technology which will provide the world with a huge increase in production of Lithium and other metals. Who will "own" the technology is not clear (to me) as several groups are progressing with its development simultaneously. But it is clear that those owners of mineral rights acreages which could implement the technology on their sites will benefit.
As far as DLE from Brine is concerned it looks as if CL will be a winner because it has negotiated the right to extract from CUSN's area. It is not described as an exclusive right in the documentation, but opening up exploration to a second explorer for the same purpose would seem problematical. Other winners are likely to be the Crown estate, the Tregothnan Estate and several others.
CUSN LITHIUM EXTRACTION PTOJECTS - knock yourselves out and oh its NOT JUST LITHIUM ;-)))
Lithium Brine Pilot projects launching in Spring 2021
JUST A MATTER OF TIME. CUSN / CL / BL brines WILL BE THE FIRST REVENUES
One of the planned pilot projects, funded cooperatively by the DOE Office of Fossil Energy with industry cost share, combines the resources of the oil and gas industry with PNNL’s technology.
Oil and gas extraction across the US and Canada pumps subsurface water to the surface as part of the extraction process. Lithium is present in much of this water, over a wide range of locations. PNNL scientists estimate that if just 25% of the lithium in water produced through oil and gas extraction were collected, it would equal current annual worldwide production.
To explore this possibility, PNNL, Moselle Technologies, Canada Natural Resources Limited and Conoco Phillips Corporation will conduct a prolonged test at PNNL’s Richland, Wash., campus. There, the team will stress-test the technology by subjecting it to extended cycle testing with the magnetic separator system, a needed step for full-scale industrial production.
By using the magnetic nanoparticles to attach to the lithium particles in solution, we expect the resulting concentrate to be in a purer form, thereby reducing the cost of further processing. And this will take out more than half the cost.
—Jerry Mills
A second project, which was announced in January after a competitive application process, will be funded through a DOE Advanced Manufacturing Office FY20 award. In this project, the companies Enerplus Corporation, Prairie Lithium Corporation, Enertopia Corporation and Dajin Lithium Corporation will investigate the technology for potential application at lithium mines in Nevada and Canada. The work has been approved and will get underway in Spring 2021.
The clean, non-polluting technology could also be used for recovery of other critical materials. A third cooperative research project will explore that possibility.
We have developed sorbent materials specific to many elements. In this project, we will work with the New-Zealand-based geothermal company Geo40, which has identified cesium present in its brines. In this project, the team will extend the work done to recover lithium to new sorbents that are highly selective for cesium. If successful, the group would like to build a pilot-scale plant in New Zealand.
—Pete McGrail
In addition to McGrail, who serves as manager, the research team compriseds Principal Investigator Praveen Thallapally and researchers Jian Liu, Satish Nune and Yongsoon Shin.
The research and development of the magnetic nanoparticles was supported by the Department of Energy’s Geothermal Technologies Office. "
https://scitechdaily.com/nanoparticles-simplify-desalination-simultaneously-removing-toxic-metals-and-salt-to-produce-clean-water/
Similar to the previous but with pretty pictures
https://www.sciencedaily.com/releases/2021/04/210415142800.htm
Its just a matter of time ;-)
Don't wait too long. These tests are being done globally with nano materials already.
KMX probably have THE perfect mix of charged membranes for their specific brines for CleanTech thus only 3 months of diligence .... Time.
The brine aquifers under Cornwall really do offer huge potential , way beyond the mica.
Or GM and partners with li-cycle processing + cl lithium ?.... https://li-cycle.com/news/gm-to-form-new-joint-venture-with-posco-chemical-aimed-at-key-battery-component/
Li-Cycle has entered into several key recycling collaborations during 2021, such as with Ultium Cells, General Motors’ joint venture with LG Energy Solution for battery cells. Here, Li-Cycle will recycle the production waste. In addition, Li-Cycle will recycle the batteries from electric scooters and e-bikes from the sharing provider Helbiz as well as from bus manufacturer NFI. In September, it was announced that Li-Cycle plans to build its fourth recycling plant in Tuscaloosa in the US state of Alabama. An important supplier would be the Mercedes plant there, where the EQE SUV and EQS SUV are to be built.
https://www.electrive.com/2021/11/30/arrival-li-cycle-to-collaborate-on-battery-recycling/
Any news to come regarding said brines ? Testing etc ?
Major ,yes that is my view aswell on all tenaments a big conglomerate diversifying away from oil and coal will be very interested inho
Saying nothing other than my above post on brine. Email is on here for my view on trelavour CL rock.
MO 12.13
Are you referring to the Trelavour resource statement today? If so, Trelavour is not on CUSN's mineral rights area so no royalties from CL would go to CUSN as a result.
If you are referring to CL's activity at United Downs, that is on CUSN's mineral rights area and a royalty would be payable, but I am not aware of the possibility of that providing 40,000 tons per annum..............................are you?
Otherwise I agree this is great news for Cornwall, CL, and CUSN
LITHIUM guestimatio s "At 40,000tpa x 20 years x low lithium hydrox price of only USD$13,000pt , CL would be looking at a royalty (2%) of approx USD$100M. That excludes the rise in share price equity in CL to each share in issue.
Even if CL have 1 billion shares in issue you're around £4.00+ and I am pretty sure dividends on such a set yearly production over 20+ years.
Obviously that is ONLY our part in Cornish Lithium.
Cornish Metals have ALL THE TIN , COPPER and hopefully a good chunk of ZINC to throw on top.
An example would be in this thread CL is simply lithium volume, price and time produced less CAPEX.
I would guess and it really is a guess CAPEX on 2 main CUSN assets would come in at MAX £2 Billion over 20 years. However TIN is nearly always at premium to lithium so even though the CAPEX could be higher - I would hope for way way less but I am playing devils here by putting a large CAPEX on - the TIN USD$18,000pt low average ( currently USD$40,000+) that would still produce over a £4 BILLION POUND company with the COPPER , ZINC, SILVER + CL assets / roylaties.
It looks prime for a MAJOR player in mining to buy out both CUSN & CL as they mive towards PFS then DFS.
LITHIUM BRINE imho = Billions. Forget the rock !
LITHIUM WILL be the first revenues that CUSN achieve though, I still have big money on that and even more with TechMet getting involved with US GOV backing
LITHIUM guestimatio s "At 40,000tpa x 20 years x low lithium hydrox price of only USD$13,000pt , CL would be looking at a royalty (2%) of approx USD$100M. That excludes the rise in share price equity in CL to each share in issue.
Even if CL have 1 billion shares in issue you're around £4.00+ and I am pretty sure dividends on such a set yearly production over 20+ years.
Obviously that is ONLY our part in Cornish Lithium.
Cornish Metals have ALL THE TIN , COPPER and hopefully a good chunk of ZINC to throw on top.
An example would be in this thread CL is simply lithium volume, price and time produced less CAPEX.
I would guess and it really is a guess CAPEX on 2 main CUSN assets would come in at MAX £2 Billion over 20 years. However TIN is nearly always at premium to lithium so even though the CAPEX could be higher - I would hope for way way less but I am playing devils here by putting a large CAPEX on - the TIN USD$18,000pt low average ( currently USD$40,000+) that would still produce over a £4 BILLION POUND company with the COPPER , ZINC, SILVER + CL assets / roylaties.
It looks prime for a MAJOR player in mining to buy out both CUSN & CL as they mive towards PFS then DFS.
LITHIUM WILL be the first revenues that CUSN achieve though, I still have big money on that and even more with TechMet getting involved with US GOV backing