Sativa Wellness Group #SWEL, the UK-based CBD business give London South East an operational update Watch Now
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Just not Gunna be enough Lithium !!!!
Europe electric car sales were 97,000 in August 2020, 171% higher than in August 2019.
In fact, unlike when the Gigafactory 1 in Nevada started, there are now 167 more gigafactories or battery megafactories competing for the same raw materials
Antelope: I think there's a complicated deal/restructuring going on with the Zinnwald prospect. It sounds like Erris has suspended its shares and is planning a re-launch under the new name Zinnwald Lithium PLC. My guess is that Anton du Plessis may make a move on the ?50% owned by Deutsche Lithium. Du Plessis is very well connected financially and will make noises which will be heard. That has to be a good thing for EMH.
Mrcautious: AIM can be a nightmare, as Neil Woodford and his victims found to their great cost. Ethical investing to me has two aspects:1) Choosing companies whose exploits will benefit society in general. 2) Finding companies whose dealings are essentially honest and above board. Forgive me if this sounds pious. I'm gratified that AIM has been pulled into focus after years of neglect. There are many worthy AIM companies and I think that EMH is one of these. I am amazed that Keith Coughlan has managed to limit the share dilution, normally a huge problem for investors (maybe not unethical as such, but very depressing!). Share dilution is now hitting some of the FTSE giants, IAG and RR. being two very recent examples and major oilers, banks, insurance companies, airlines, cruise and holiday giants have collapsed dividends, upon which many decent folk rely for their income. Whatever one's choice, investing is definitely for grown-ups. Huge learning curve and I'm not going to let failures eat my heart out, nor blame anyone else. Just sooooooo grateful to Fingers and many others on this board who maintain the most fantastic surveillance, and a board where everyone behaves respectfully to one another. Now that is a rarity among AIM boards !! GLA and stay safe.
btw, I haven't looked into it, merely caught a sentence whilst reading something else, but I think BCN may be buying Deutsche Lithium
I think there are some notable exceptions Mr C and I would place EMH among them.
entelon - If you are an ethical investor should you be in AIM at all ? Its all about ripping people off to keep less than good companies financed !
It's going to be fascinating to see how things develop for Europe. There have been some quite big sells over the last several days and I suspect that investors are taking a look at Bacanora (BCN) following Musk's talk of developing the 10,000 acres in Nevada (clay deposit) and his rather exaggerated claim about achieving mining processing with sodium chloride. I sold out of BCN a short while ago, mainly on ethical grounds- there are major issues about water and energy husbandry.
Hitherto, the German motor manufacturers have relied on LG Chemical and Panasonic to keep up supply. One big take-away from recent world developments is supply-chain length. Processing to useable lithium needs to happen local to the mines to reduce cost of shipping heavy raw ore. Lithium Hydroxide doesn't travel well, so "local" will become the byword.
Motor manufacturers have not had to consider issues about the upstream supply, not since the days of Henry Ford who bought up iron-ore mines and rubber plantations to guarantee supply. That's going to change. Klein and Hooper were very clear that some automobile OEMs are going to be have to wake up, or die! Whilst the German mind-set can be conservative, the German Government takes huge pride in its national brands. It's just offered TUI a soft loan to keep it off the rocks. Angela Merkel has a Ph.D. in quantum chemistry, so top leadership is smart. There's just no way that they will let German motor car OEMs founder. There may be some environmental issues to be overcome, but economic pragmatism will win out.
I take Erris' new interest in the Zinnwald deposit as a positive. Anton du Plessis is financially very smart and very experienced in resource issues. I am excited by the prospects for EMH. GLA.
Meaning that for investors, it may be time to start looking at miners once more.
Europe is the next big market to go into action and that’s just around the corner, between 2022 and 2024. Only in those three years should large mega-plant projects for cells for producers start up.
In Europe alone, for the lithium-ion battery supply chain, in the next three or four years 170,000t/y of carbonate equivalent will be required;
Too slow in a changing world was mentioned and household car brand names could go by the way side , 4.5 million tonnes of Lithium for Tesla alone . Just not gunna be enough Lithium guys . Piedmont still holding at $400 million market cap with a very similar PFS .
Iaintittle: So many thanks for your link to the Klein/Hooper youtube. This is an absolute MUST SEE video. There is a real focus on the supply constraints on lithium (and nickel is mentioned, too) and the potential devastating effects these constraints may have on motor manufacturers who get left behind (likened to the demise of Kodak, Nokia, Blackberry in the domain of the smartphone/camera). Klein and Hooper reckon that Volkswagen has woken up, but Ford/GM lagging and no mention of BMW and Daimler-Benz.
In his last words, Klein specifically mentions that the lithium miners are grossly undervalued and compares these modest valuations ($50-$100 M market cap) to a rare-earths mining company in California which has grown over the last several years to a market cap of $3.3 Billion.
Klein and Hooper are serious observers of the lithium market. Yes, they are paid to promote particular mining companies, but their overall take on the market is very well researched and their conclusions are intelligent and rational. A very impressive summary and very, very exciting for the likes of EMH.
I think the drill holes are only relevant to the financiers. KC not trying to find more resource at this stage (though i think that there is a whole other block to drill out) , only to move current resource up the JORC curve so that the banks and EU bodies will have more confidence lending against it.
Asx took a dice when the news came out, closing 1.39 percent down, Dow futures are down 370 points, earlier about 500 points down, we will see where it's going to close, of course markets will follow accordingly on Monday. It crossed my mind that the Ogre could be fabricating the covid story , heck who knows, everything is possible with this clown. A bit far-fetched though. Anyway, about EMH, any idea where we are standing with that drilling campaign? How many holes have we drilled? Now would be a good time to come up with some news and drill holes results.
Hardly a stockmarket crash. The footsie 500 was down by about 0.5%. It will recover.
Tsib....... I hate to think that it is a cynical political move after the play ground debacle of the 'presidential debate' but perhaps it is ..... roll on some good news.
What has the world come to.......The orange Ogre is catching covid and the markets are crushing.......
Great listen Fingersxed.
Howard Klein is definitely promoting (16 minutes in) Hard Rock to Hydroxide and (22 minutes in) “The Definitive Winner is Hard Rock to Hydroxide “and he mentions (26 minutes in) European Hard Rock Projects as Investment Opportunities .....
THREE GREAT REASONS TO INVEST IN EMH
1.EMH Has THE LARGEST LITHIUM HARD ROCK deposit in Europe,
2.EMH has the Fourth LARGEST non-brine deposit in The WORLD.
3.EMH is centrally located for European end-users and is well serviced by infrastructure.
SERIOUSLY GUYS & GIRLS - In It To Win It - Snooze You Definitely Lose.
You May Never Get Another Opportunity At These Levels !!!
A Re-Rate Is Due .... Don’t be the one to miss out ? Can you Afford To Miss Out ?
Don’t be a Doug
Lithium battery value chain developments make progress in US, Australia and Europe
Only progress for any of these companies is for off takes with Geomet
The organization will identify supply chain barriers and investment opportunities and build raw materials capacity, focusing on mining
NEW: President Trump takes action to protect American mining from China
President Trump signed an executive order yesterday to reduce American dependence on China for critical minerals. The order also expands the domestic mining industry, supports American mining jobs, and reduces unnecessary permit delays.
These minerals—which include aluminum, lithium, titanium, and many others—are essential inputs for airplanes, computers, cell phones, electricity systems, and advanced electronic products. They are crucial both for our economy and our national security
i know this was early September but a nice pleasing read anyway:-)
Indeed, by no means does it explicitly say phases 2-4 are happening, but the way the sentence is constructed, it sounds like the PR/commercial team are trying to hint that future phases are on the table.
Imagine 100ktpa for 70 years... with SMS recycling the lithium, perhaps with an additional CEZ relationship to recycle the raw materials. It almost sounds like an EU battery alliance utopia!!
Newboy58, you’re of course right, everything in life is swings and roundabouts but I personally would never had invested in BCN if it were a Mexican operation, pure bandit territory .... investing is not just about the company as the Country. REM now KDNC is another example of an investment I sold out of, the minute there was talk of Zimbabwe I was gone, too much flip flopping around and you know it’s always easy to gamble with someone else’s money ?
Keith has been an honest and great CEO for EMH and through his stewardship we will succeed and shareholders will be rewarded handsomely in the process.
Right Place - Right Time - Right Now
The Future Is Bright - The Future Is EMH (The Largest Lithium Deposit In EUROPE)