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https://www.telegraph.co.uk/business/2021/08/11/lithium-found-cornwall/
Electricity to be generated for UK homes and fed in to the grid by 2022, so next year thats income from Cornish Lithiums partner. The testing of brines will , imho, prove up , based on emh stratagraphic Westphalian lithium belt, up to the 50,000-60,000tpa that the CEO has hinted at.
Revenues for CUSN & Cornish Lithium ( CUSI ? from next year as they list on the markets ). Cheap shares or % roylaties for CUSN from CULI ;-)))
Getting difficult to pick lithium shares. So many near year highs ... Bubble territory for some.
I've stayed away from S America ( union workers today going on strike lol , thats expected when they see such big money being made in such poor pay for them , you wait until Gov see just how much can be made. Similar to emh and czech gov pulling the originsl 2018 deal , they were losing billions. ).
E3 has its own tech, in Alberta which has been fully worked over by oil & gas so a bit of brine will be no problem.bthry want the work for the loss of oil and gas jobs too.
Frontier Lithium = huge rock pegsmites resources with gov support and community support.
The rest have multiple countries or very large projects. More risk , more CAPEX.
Just trying to keep it simple.
Learn't a lot from last years rush to hydrogen.
Still with NEL & ITM through my own choice. Plenty of solid hydtogen companies out there in low values.
You must have a 6th sense… what happened today about 4pm… dropped like a stone.. reason? Stop loss mop up?? Do they do that in Canada??
Got in on my 1st E3 today…
Took 30% of my investment here at 10.75 yesterday and bought Frontier Lithium. Canadian rock lithium project which has huge pegmatites, way bigger in time than PLL can be as an individual mine site. BoD seem switched on too with local interaction, local government loans unlike PLL who will get up and running but there are flies possibly in the ointment. Also they rely on rail to ship 60,000-100,000tpa from Canada , even with SYA now buying NAL with plant in place.
Also shipping from Africa LCE or building plant for hydroxide, so extra cost + carbon footprint ? Doh.
Frontier is a 2 year hold minimum and build my position.
PLL will get there but not how I envisidged. Wanted true effort towards low carbon. Not now it seems.
Hope the above info helps.
I also am building E3 Metals in Alberta oil sands for lithium brine production in a hopefully much shorter time.
Both will do well.
Come ON…
Hi MO
Have watched this … very interesting. Sounds very much like SLL/SLI… ??? Same tech? If so .. thought SLI would have patents , no? Or is it known tech that anyone can use?
Sounds to me like something starting that could come to fruition in a few years provided they get the authority for the drill and have enough money.
Do you think this is basically Another SLL and good to be in early? Looks worth an investment
V interesting thank you..
Yes.. not everything that should shows in the SP..
thBsks I’ll take a look at the video.
look At tharissa. Insane profits and price down from 150 to around 115. I would like to add..
Same with vul. With it been in aus… it’s late night or v early trading.
Feel I might have missed the boat a little with that.
And I can’t make my mind up with CUSN…
Some guys I chat to on a discord group are “hopeful” on HE1… could turn a few quid if goes well. But I’d be out quickly if it did. Still scared from HUR!!
Also ROCK, and. ADV.. not invested myself but you may wish to investigate..
I am still in some crypto stuff.. some excellent, some needs BTC to push on .. long term I’m hopeful
Lithium Hydroxide Brines.
https://m.youtube.com/watch?v=safJU3Bxqag
Hmmm. Who knows any share or market. Look at NEL , they should be 35-50.00.
Anyway, Standard Lithium are putting together the full test plant right now. Nearly done so news of it being ready to restart reprocessing brine to LCE on site and not trucking it to Canada. Then news on the first tonnage of LCE "should" push it more.
I note Vulcan was up another 15% in Oz overnight so if you go by share price SLI & VUL are kind of mirroring each other ?
My guess of Chrysler announcing with SLI will be the bug one for US investors ! That could happen any day.
Looking excellent so far… do you think it’s got a Lot further to go?
…and thanks again for the “tip”.
Piedmont responding much better.. no £ to buy the dip!!
Yep. VUL get Renault in Europe and LG MONSTER gig.
SLI in my eyes looks set for Chrysler in the US as its part of the same group. Remember Laxness the tech partner is a huge spin off of German , Bayer Chemicals.
Wheels within wheels ?
SLL …up a dollar …assume that’s what you refer to?
Can’t see anything obvious for big increase…
Related to VUL news and general race for lithium??
Thumbs up!!
14% up today
German-Australian start-up Vulcan Energy Resources Ltd (VUL) said on Monday it has signed a deal to supply lithium to Renault SA RENA.PA , the latest move by an electric vehicle maker to lock down supply of the battery metal ahead of a projected surge in demand.
Vulcan will supply 6,000 to 17,000 tonnes of lithium annually to the French automaker from its geothermal brine deposits in Germany starting in 2026, the companies said. The five-year deal is renewable if both parties agree.
Renault, with brands including Alpine and Dacia, has said it would like 90% of Renault models to be fully electric by 2030. The company said Vulcan's geothermal lithium production process, which has no carbon emissions, was the main appeal.
Vulcan plans to invest 1.7 billion euros ($2 billion) to build geothermal power stations and facilities to extract lithium, with a goal to start production of the white metal in 2024.
Geothermal projects typically involve extracting super-hot lithium-rich brine from underground reservoirs and using the heat to produce electricity, after which lithium is extracted from the brine.
The brine is then reinjected into the earth, making the process more sustainable than open-pit mines and brine evaporation ponds, the two most-common existing methods to produce the white metal.
Vulcan is backed in part by Han**** Prospecting, led by Executive Chairman Gina Rinehart, one of Australia's leading investors.
Vulcan last month signed a long-term deal to sell lithium hydroxide from its German project to the battery unit of South Korea's LG Chem 051910.KS .
Vulcan has also signed a memorandum of understanding for lithium supply with Stellantis NV STLA.MI , the world's forth-largest automaker.
Stellantis own Chrysler ;-)
Nothing I can see with SLI, today but fingers crossed…
LITHIUM BRINE operator Vulcan Resources announce 5 year offtake deal with RENAULT !!! Whoop.
Standard Lithium had a note on the 18th along with Vulcan regarding STELLANTIS ( Citreon/Renault ). Lastnight the EU part of the deal was expanded to 5 year take off.
I wonder if Standard Lithium will get an RNS later today regarding Renault buying up supply in the USA ?
https://hotcopper.com.au/threads/news-vul-vulcan-energy-announces-a-5-year-partnership-within-zero-carbon-lithium-project-with.6197735/
LG buying in with Vulcan in Germany for Brines ! 18th July.
High pressure brines are being targeted round the world.
Not sure they will comand top dollar, but lithium is lithium 99.9% battery grade here with Standard Lithium, so guessing similar with CUSN. May need a bit more cash per ton, but its there ok.
I'm not wanting the biggest or best , I 'd of bought Albamerle or Galaxy for that. Just looking for lithium that can be created within a countries boundary and used by the country of origin, carbon foorprint and all that.
If they make money, which PLL, SLI, VUL, EMH, SYA ... will do then thats good.
Still hold my portion of NEL & ITM. There time will come for sure, may even develope to help power the brine extraction ? Neat circle there...
Cheers MO. U.K. clearly a more stable country than some… and although I am certain there will be some mis information thrown about.. pumping water out the ground and putting most of it back should it upset anyone.
It’s more.. how much does it cost and how much can you sell it for??
I’ve registered with hot copper. May make some interesting reading.
On the PLL from sounds like it’s fubar’d. They may have take off agreements with Tesla but how they gonna honour that? Am I reading into your comments that Tesla could take over the whole thing?
I’ve not got my life savings in it but it is a ****er that gone from a decent uplift with potential to underwater over night ( well a couple of nights!)
That’s investment for you but ..
In your opinion, is the dead and time to cut losses or hold on for ???? Months , years? Obviously not investment advice ….
Interested in your view if you don’t mind.
Cheers TF
Tyson , if you believe in the geology of EMH then this is basically a strata that goes from Czech/South Germany through under France ( Eramot or something like that are trying brines in France ) under the Channel coming up around the Southern tip of Cornwall and then on to the Southern tip of Ireland. Check out Irish lithium.
You can pretty much draw a line between Czech & Ireland.
Only thing the geo's have to do is find the higher uplifts of strata containing lithium.
From my own research the grades are or will be around the same for CUSN as the full data sets for emh. Approx 0.4-0.7 which is in the acceptable low catagory.
PLL is up over 1.2-1.3 ave and IRR is up around 2.0+ in many zones but in Africa. Threw IRR in as comparrison.
However , Cornwall is not prone to Russian politics.
Its brine so the contaminents are filtered out and returned back from where they came.
Stable country with a big need for modern industry.
With Cornwall being hit so hard over the last 5 decades, this new lithium, tin copper and a bit of silver should be a good single project.
PLL , I genuinely dont know what to think now ?
Not worried about the current court case. Next year when they try and get zoning done could see the locals look to delay if water may be affected ? Hmmm.
Seriously go read hot copper. Thirdman has pointed out that the CEO had not heard about the historical high levels of arsenic in the Piedmont area.
Google piedmont arsenic in water. You can even get maps showing water wells of high contamination.
The current legal case is garbage.
Next year PLL will have to go back to the Gaston Committee - who went to town on Keiths ass last Tuesday - they even said they can delay the project as they have control of zoning rights.
The locals are naffed off as its the first meeting in 3 years directly with PLL and are super nadged. Because PLL have not been friendly or early warm hearted businessmen, they have really got riled up. A courtcase from them next year is probably much more difficult to avoid as its about water level and drinking water.
Be very very careful. Youtube Gaston Committee meet Piedmont Lithium. 2 and a half hours.
First hour is mainly CEO spluttering.
From 1 hour 50 onwards it gets a bit embarrassing for all.
Arsenic was not in their radar. Thats the real sell off plus a bit of risk added to PLL via African investment. Not needed imho but feels very blunt Musk style.
Also note the current news from Reuters on Teslas poor visability for locals in Berlin near that factory. Sound familiar ? Musk brutal get on with it now naffing governments and people off. Shame really as PLL before seemed a simple US one time operation, then Sayona and extra lithium, well ok it seems to make sense although trabsporting from canada to N C isnt very carbon foorprint friendly ? Now its shipping tons from Africa. ??? Even worse.
In the space of 6 months low carbon to hyper carbon ... ?
Great shame.
I see the sp is taking a massive kicking after the small turn up ( after then drop)…like an Alton towers roller coaster ATM. Is this turning point for the brave? I seriously can’t believe the project will just stop.
This is still to do with the permits .. the news reporting isn’t exactly put PLL in a good light. Suggests PLL are now in a fight.
I’m sure this is standard procedure for US but find this ( and it’s not the only one) quite distasteful ( unless of course PLL have really been naughty;-)
BENSALEM, Pa., July 22, 2021--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of Piedmont Lithium Inc. ("Piedmont" or the "Company") (NASDAQ: PLL) investors concerning the Company and its officers’ possible violations of federal securities laws.
On July 20, 2021, Reuters reported that Piedmont "has not applied for a state mining permit or a necessary zoning variance in Gaston County, just west of Charlotte, despite telling investors since 2018 that it was on the verge of doing so." According to the article, a majority of the board of commissioners said, "they may block or delay the project because Piedmont has not told them what levels of dust, noise and vibrations will occur, nor how water and air quality would be affected."
On this news, the Company’s stock price fell $12.56, or nearly 20%, to close at $50.52 per share on July 20, 2021, thereby injuring investors.
If you purchased Piedmont securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania