Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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See though.? That £15k on Monday stood out and I pointed it out as being much higher than average. The next day the PEA drops in ;-)
Tyson I have Approx 3x that figure , most of which you know was bought in Dec 2020/Jan 2021 as my tip of the year with NEL & Directa Plus.
Next news - who is going to buy the 20,000tpa initial production ? Virtually half of the brine operators in early stage have signed deals for offtake.
Standard Lithium have STELLANTIS & LAXNESS / BAYER and the WHOLE USA MARKET PLACE - TICK
Tyson - they are looking at South zone first then North then Tentra land parcel and applying the plant & tech model to another site & and another & another.
Interesting low footprint model and great way to add scale.
I see no reason why 50,000-60,000tpa or $5Billion market cap cannot be achieved in time. The tech process works and is not going away. I think Seeking Alpha wrote up some notes on brines to out performe traditional mining and then some.
The fact that they use a distructive chemical process to create the acid to make brine clean and filter pure thus cutting down on processing costs whilst retaining the distructive chemicals and replacing cleaner brine back to the aquifer to ensure high pressure is retained is brilliant.
Once Albamerle , Livent , SQM or Ganfeng start to talk about coming around to using 24-36 hour production of LHM it becomes a no brainer and the markets will relax too.
Great news today.
…and from what I can see.: E3 is up 14% today! ;-)
..and the price opened up beautifully… about a dollar I think… then tailed off a bit but still 7% at the close.
E3: interesting that companies are effectively re inventing the wheel. Maybe I don’t understand it ( almost certainly ;-) ) but selling the ip to others would surely be good for both parties?
STANDARD LITHIUM operating costs of US$2,599 per tonne of battery quality lithium hydroxide.
One of THE lowest operating cost per tonne of lithium hydroxide in the world !!!
You buying £15Ks worth?
LITHIUM IRR 41% - BOOM !!!
LITHIUM Pre-tax US$2.83 Billion NPV at 8% discount rate and IRR of 40.5%;
STANDARD LITHIUM ANNOUNCE PEA - BANG ON THE MONEY !!!
https://d1io3yog0oux5.cloudfront.net/_c9b87f758c923a503496e4eca61b379b/standardlithium/news/2021-10-12_Standard_Lithium_Announces_Positive_Preliminary_99.pdf
STANDARD LITHIUM ANNOUNCES POSITIVE PRELIMINARY ECONOMIC ASSESSMENT AND UPDATE OF INFERRED MINERAL RESOURCE AT ITS SOUTH-WEST ARKANSAS LITHIUM PROJECT
Tyson - this came out on the 7th Oct.
A good read , no mention of E3 BUT they are currently doing what the article says is the difficult part. Fine tuning the lithium filtering tech to the specific type of lithium brine. Every aquifer is different in density, % grade, impurities. E3 are doing the maths at this time. They do know the aquifer size and types of brine at different depths too. They know on ground footprint is small compared to strip mining and will hopefully use either solar, hydrogen or the gas system of Alberta to power the operation. Or a mix of all to reduce carbon footprint.
E3 is where Standard were about 36-30 months ago imho. So PLENTY in the sp to buy in to over time just like I did here up to $4.50 and much lower.
https://www.nasdaq.com/articles/focus-automakers-funding-new-tech-aimed-at-making-greener-lithium-for-evs-2021-10-08
I had a quick look again myself at the weekend and like you thought it seemed quiet.
I did suggest E3 and at the moment its a starting point investment. I do have a timeline on investing more but unlike Standard here E3 are creating their own brine extraction method ( several already worldwide so not too big a gamble on the tech to be honest ). The oil and gas industry have already caused the scars on the landscape in Alberta along with the loss of jobs up there , the positives on forward progress seem pretty well unhindered imho.
I think by Dec / Jan there will be news on progress.
Then mid 2022 more updates on the aquifer and more detail.
I am big in SLI .... BUT I am looking at SLI moving up within days. If / once it hits my target as previously stated here several times I will take a good 200% profit and leave my initial in
E3 and NEL will benefit again with my profit - just as long as NEL does not go above NK17.50-18.00 which it will and very soon.
Its a bit of a race. I would like SLI to provide production figures first then NEL open the factory.
2 very big effects on the sp.
£15,000 buy is well above average. Last £5+ buy was middle of last week.
Noted.
Hi MI think
You’ll know I’ve a small position with this lot also ;-)
Someone suggested I think .. ;-)
Any LT thoughts on it..not finding much atm.. just a few broker projections of $4.2 CAN. So double from here, give or take!
Hi MO
BTC up,miners .. responding about as well as NEL etc ATM. Bonkers. There has to be bigger politics in the mix. H2s problem is Musk and the narrative that everyone jumped in on- electric cars and the like. Good idea but for me not the LT solution. It has its place. Time will get H2 to the masse or at least to governments and big industries which is where I think it will prosper. With Shell , Linde and the like invested in COs like ITM I believe it will happen.
As for renewables .. wind turbines etc have pushed Europe to maybe a better place - less coal burning etc but if the rest of the world doesn’t follow quickly…
Personally I think tidal power would answer a lot. Fixed turbines under estuaries like the Seven or maybe even more remote .. the tide goes in / out twice a day and always will . The sun doesn’t always shine and the wind doesn’t always blow!
But what do I know.
I’m hoping BTC and the race for companies to build and buy will push up the prices to a level where I am happy to sell and take the money!
Let’s hope so MO.
As the SP is all over place, and a little down either someone knows something or it’s just the ebbing of the world right now?!
‘Wet’ commissioning of the SiFT Plant is ongoing, and it is expected that fully integrated operations will commence during September. Read our latest project update here - https://t.co/G1OM1H5tpp. Mid Sept.
So we are just waiting for output figures then ;-)))
Standard Lithium must be going for production rates in the next RNS ? Part of the new plant was installed and operational within the original main design back in Sept. Now 6 weeks and counting. The next news could be pretty spectacular ! I assume it will exceed expectations , they are using German tech after all.
"Pressure Reverse Osmosis (HPRO) unit at the demonstration plant in El Dorado (see Figure 2 below). This unit sits between LiSTR and SiFT and is used to concentrate the lithium chloride product continuously produced by the existing LiSTR Direct Lithium Extraction (“DLE”) plant, so that it can then be converted to lithium carbonate. The HPRO unit is now operational and is being integrated into the overall process flow at the plant."
STANDARD LITHIUM - "20,900 mt of battery-quality lithium chemicals in Arkansas, representing roughly five times the current domestic production."
UP 58% through September 2021 and due to start production as the plant is due to switch on the FULL power within days....now slightly late so literally any day now !!! Good bounce to note yesterday as most stocks took a hit SLI had dropped in to the $8 dollars range. I watched it throughout the day and it bounced back well in to the mid $9 dollars in the day so looks like a new support level here around $8.50. My target with A- plant initial start up, B - Initial production and C - News on actual production figures and projections based on the plant flow rates and finally WHO is BUYING THE LITHIUM ???
Those are some very short term news events ready to take SLI to the next range of $13-15.00 imho.
NOT FINANCIAL ADVICE. PLEASE JUST DYOR. SLI is WAY ahead in the US with only Albamerle producing from one supply. Standard Lithium to ADD 5X current US Lithium supply. DYOR.
US Standard Lithium target EU EV industry, explaining how geographically well positioned south Arkansas is to not just serve the U.S. EV market but also to facilitate exports to Europe thanks to its proximity to the Gulf Coast.
https://www.fool.com/investing/2021/09/23/why-standard-lithium-stock-is-jumping-today/
US "Standard Lithium's project ( 58% up in Sept alone ) , is known to have among the richest lithium resources in the world, and Standard Lithium has smartly partnered with Germany-based chemical company Lanxess and Tetra Technologies (NYSE: TTI) to build its first lithium project in the region.
Under its agreement with Tetra Technologies, Standard Lithium has acquired the rights to explore, produce, and extract brine from the former's brine leases in the region. Its agreement with Lanxess, on the other hand, allows Standard Lithium to extract lithium from the brine produced as a by-product at Lanxess' three bromine plants already operating in the region. Lanxess has a 70% stake in the joint venture, which is why Standard Lithium's flagship project is called the Lanxess project."
https://www.nasdaq.com/articles/why-standard-lithium-stock-jumped-58-in-september-2021-10-06
USA STANDARD LITHIUM & LAXNESS land holding map and the totally huge potential as production and supply start up ( now slightly late as this September was for initial start up ). Any day now ...
https://www.google.com/url?q=https://www.magnoliabannernews.com/news/2018/nov/15/standard-lithium-plans-joint-venture-smackover-pro/&sa=U&ved=2ahUKEwjIyoPZ0bfzAhVXPcAKHVj6DocQxfQBegQIAxAB&usg=AOvVaw2aBfb36hJn7sbjWRYbU0ou
Oct 5 19.38 my top up £4,400. 10% of my current holding :-)))))
Not long now. Needed to see how deep the $8.00's were. Bounced nicely in a bad market. Good sign for my suggested target of $13-15.00. 50% on todays buy in just a matter of a coupke of weeks unless the world goes in to free fall. ALL A GUESSTIMATE NOT FINANCIAL ADVICE. DYOR.