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Best time to acquire stock right now while it’s quiet. All it takes the news of the new project acquired and the price will bag with so much liquidity.
Will be acquiring more here soon, all it takes is one decent asset and the price will fly. The interview says a lot about what is yet to come the director is young and vibrant and has big plans for this company. Exciting times ahead.
Potential of Lithium if Ajax sign a lithium asset
The lithium market is expected to continue growing in the coming years. Lithium is a key component in the production of rechargeable batteries, which are used in a wide range of electronic devices, electric vehicles, and energy storage systems.
According to a report by Grand View Research, the global lithium-ion battery market size was valued at USD 48.2 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 18.0% from 2021 to 2028. This growth is primarily driven by the increasing demand for electric vehicles, as well as the growing adoption of renewable energy sources, such as solar and wind power, which require energy storage systems.
In addition, the COVID-19 pandemic has increased the demand for consumer electronics, such as laptops, smartphones, and tablets, as people work and study remotely. This has further boosted the demand for lithium-ion batteries.
However, it is important to note that the lithium market is subject to fluctuations in demand and supply, as well as changes in government policies and regulations. The market is also impacted by advancements in battery technology and the development of alternative energy storage solutions.
I am happy with Ajax’s strategy to invest in North America, particularly as Lithium is found in various locations across the country, including Nevada, North Carolina, and California. According to the U.S. Geological Survey, the United States was the leading producer of lithium in the world in 2020, accounting for 22% of global production.
In Nevada, the only commercial lithium production in the United States occurs at the Silver Peak lithium mine, which is operated by Albemarle Corporation. In addition, there are several lithium exploration and development projects in various stages of development across the United States, including lithium clay deposits in Nevada and Arkansas, as well as lithium brine projects in California.
The United States government has also recognized the importance of developing a domestic supply chain for critical minerals, including lithium, to ensure national security and economic competitiveness. In 2020, the U.S. Department of Energy launched the Lithium-Ion Battery Recycling Prize, which aims to develop innovative solutions for the collection, separation, and recovery of lithium-based batteries. The U.S. government is also investing in research and development of advanced lithium extraction and processing technologies.
For me lithium would be the front runner for Ajax if they sign a good asset the price will fly.
So now we are on path. Waiting for the acquisitions to burst
Only a handful of lithium companies on the LSE
Bacanora Lithium plc (BCN)
Cornish Lithium Limited (private)
Lithium Australia NL (LIT)
Savannah Resources plc (SAV)
Strategic Minerals plc (SML)
If we sign a big lithium asset we will be one do the many few investing in these resources
Lithium company performances
Savannah energy went from 7p to 40p
BCN 20p to 70p before being taken out
Cornish metals from 6p to 29p
Right now Ajax at bottom on asset acquisition alone it should get to 40p
In my opinion, Ajax's strategy to invest in North America is a wise decision with several advantages over setting up a project in a developing country where bureaucratic hurdles are more prevalent. By investing in North America, we can avoid the challenges associated with obtaining ministerial-level approvals, paying bribes, or facing license withdrawals due to political reasons.
Furthermore, North America's focus on securing its own supply chain in energy transition materials ensures a consistent demand for locally-produced resources. This allows for easy supply agreements and cost-effective transportation to US-based refineries.
Although asset acquisition in North America may be more expensive compared to the developing world, the benefits of this strategy still outweigh the drawbacks. Success ultimately depends on acquiring the right asset at the right price, but Ajax's experienced team is well-equipped to accomplish this goal. We can now wait for an acquisition announcement with confidence.
Maybe we can be the next Greenbushes mine? operated by Talison Lithium, which is jointly owned by the Chinese company Tianqi Lithium and U.S.-based Albemarle Corporation. The mine is estimated to contain the world's largest known lithium reserves, with current estimates suggesting that it holds around 62% of the world's known lithium reserves. The Greenbushes mine has been in operation for over 30 years, and produces lithium ore which is then processed into lithium concentrate at a nearby plant. The concentrate is then exported to customers around the world. Maybe we can also look at mines in Australia as well as North America?
Even Tesla on latest instagram post needing more lithium
https://www.instagram.com/p/CsC6FfyR9do/?igshid=NTc4MTIwNjQ2YQ==
I wouldn’t actually object to a gold project either, North America has always shown to have some of the best mines.
Here are a few notable examples:
Homestake Mine: Located in South Dakota, the Homestake Mine was one of the largest and deepest gold mines in North America, producing over 40 million ounces of gold during its operation from 1876 to 2002.
Red Lake Mine: Located in Ontario, Canada, the Red Lake Mine is one of the largest gold mines in North America and has produced over 25 million ounces of gold since its discovery in 1925.
Carlin Trend: Located in Nevada, the Carlin Trend is a series of gold deposits that are some of the largest in North America. It has produced over 84 million ounces of gold since its discovery in the 1960s.
Fort Knox Mine: Located in Alaska, the Fort Knox Mine is an open-pit gold mine that has produced over 8 million ounces of gold since it began production in 1996.
Cripple Creek & Victor Gold Mine: Located in Colorado, the Cripple Creek & Victor Gold Mine is a large open-pit gold mine that has produced over 4 million ounces of gold since it began production in 1976.
Hemlo Mine: Located in Ontario, Canada, the Hemlo Mine is one of the largest gold mines in North America and has produced over 22 million ounces of gold since its discovery in 1981.
Here just couple examples
Expecting some move soon. The mcap is just too low
Imagine if we get a gold mine too? Lithium and gold production. There are only a handful of lithium companies on the LSE which I listed earlier, and also only a handful of gold companies j could fine. Fee being
Polymetal International PLC (POLY) - a Russia-based gold and silver mining company that operates primarily in Russia and Kazakhstan.
Centamin PLC (CEY) - an Egypt-focused gold mining company that operates the Sukari Gold Mine, one of the largest gold mines in Egypt.
Hochschild Mining PLC (HOC) - a UK-based precious metals mining company with operations in Peru, Argentina, and Mexico.
Petropavlovsk PLC (POG) - a Russia-based gold mining company that operates several mines in Russia's Far East.
Chaarat Gold Holdings Ltd. (CGH) - a UK-based gold mining company with operations in the Kyrgyz Republic and Armenia.
Pan African Resources PLC (PAF) - a South Africa-based gold mining company with operations in South Africa and Eswatini.
If we get a lithium and gold asset I would potentially expect a 1000% rise from here alone.