We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Alkemy Capital and Tees Valley Lithium looking for tolling lithium sulfate ( sulphate )..... ALK & TVL need new supply.
"Mineral Resources (ASX:MIN) is targeting the European and US market in its downstream lithium ambitions, planning to sell an intermediary sulphate to the West after repudiating a deal to share in Albemarle’s processing plants in China.
The company surprised investors last week by restructuring its lithium JV with Albemarle for the umpteenth time, selling its 15% stake in the Kemerton hydroxide plant in WA and ending an arrangement to take on 50% of two plants with a 100,000tpa hydroxide processing capacity in the Middle Kingdom.
But MinRes head honcho Chris Ellison, who has targeted incentives and financial support from the Federal Government to build downstream lithium processing capacity in Australia, has signalled his intent to supply the US and Europe directly as OEMs build electric vehicle production onshore."
https://stockhead.com.au/resources/ground-breakers-minres-boss-lets-loose-on-downstream-lithium-plans-goldies-red-5-westgold-perseus-reporting/
"MinRes said on 20 July 2023 that its February 2023 agreement with Albemarle had been revised. MinRes’s share of the Wodgina lithium mine will still increase to 50%, from 40%, as previously agreed, but its interest in the Kemerton lithium hydroxide conversion plant will now decrease to 0% (15% previously), from 40%, under the revised terms. Albemarle will now pay MinRes an estimated USD380 million-400 million (AUD550 million-580 million, against AUD150 million estimated previously) of net consideration for MinRes’s interest in Kemmerton and adjustments at Wodgina."
"Albemarle will continue converting MinRes’s share in Wodgina spodumene concentrate under a tolling arrangement until 30 June 2024, but MinRes will then market its own spodumene concentrate and lithium battery chemicals. MinRes will also not invest the estimated USD660 million in conversion assets in China jointly with Albemarle and will search for opportunities to build its own facilities. MinRes expects the arrangements, which are subject to the Foreign Investment Review Board’s approval, to be completed in the December quarter 2023."
We estimate Albemarle’s payment of AUD550 million-580 million will result in MinRes’s EBITDA leverage declining to 0.7x-0.9x in the financial years ending June 2025"
"We also believe that MinRes’s decision on exiting the agreement to develop processing facilities jointly with Albemarle is likely to create more uncertainty around its ability to convert its rising production of spodumene concentrate to lithium battery chemicals in the future due to limited availability of external conversion facilities worldwide, as it ramps up its Wodgina mine. In combination with the termination of the tolling agreement with Ganfeng announced in June 2023, this adds uncertainty to MinRes’s plans to increase volumes of lithium battery chemicals."
https://www.fitchratings.com/research/corporate-finance/mineral-resources-revised-marbl-agreement-improves-leverage-may-see-rising-project-risks-24-07-2023
Https://autovista24.autovistagroup.com/news/blackstone-expands-3d-printed-solid-state-battery-capacity-in-germany/
Blackstone equity are very much involved in battery tech through Blackstone Resources.
Most probably nothing but when ALK TVL are pretty much stuck at finance this naturally leads to gossip ?
Thanks WiseOwl.
Got my first propper neuro next week so hopefully will finally talk to someone with experience. GP cant do much with the weapons he is allowed.
MIGRAINES daily.
NAUSEA daily.
VISION changes by the hour.
CANT THINK , as I say its like dementia at times.
Did 20 mins lowest level on excersise bike. Neurophsyotherapist told me off yesterday.
With Long Covid do not excersise. Fatigue underlying.
Everyhour go to bed for 10 mins with eyemask and ear plugs. Nothing to "boom or bust" the brain.
Back to ALK , weirdly I listened to PA on Sunday Roast online - i can lay down and listen to it which helps - but he sold it to me.
There's been very little news or progress but the fact that the shares in issue is still only around 8m of which he holds 35-38% something like that and he is not raising cash on the back and watering down our holdings even in these bleak world times seems quite positive. Famous last words !
Cornish Lithium / CUSN / British Lithium all needing UK cash and at times the media alerts us to difficulties in raising, very little has been said about ALK.
The area in Tees Valley is getting some stick and some positive investment too, but thats the whole area not ALK specifically.
One big finance bond or a UK Gov pledge - although PA has actively tried to stear clear of these Gov incentives believing in market funding, it would be nice to see the £100m promised to BritishVolt but not given, dropping in at ALK TVL ? Never look a gift horse in the mouth. Doubt it will happen but equally he seems focused on getting market money and being patient.
One big bond and ALK sp takes a natural step up.
I wanted to retire this summer, but with my 2 years of Long Covid on top my need is even greater, yet I feel happy to wait for a year if we can get £5.00+.
Techmet.
EV Metals ( Johnson Matthey EV program ).
Worth following their money.
Mr Major Oak
I do not hold ALK and have no plans to buy but I check Lithium space stocks because of my EMH holding.
BUT am sorry to hear of your problem sir - please maybe do research into (very) high dose Melatonin supplement and researcher in matter Ms Doris Loh / Dr Russel Reiter (and others).
May be will really help.
Good luck sir 🦉
Lon covid 2 years + and the last two months signed off with daily migraines , nausea , burning fingers, stomach problems due to reservoir of virus in the gut. No remedy.
I vant stomach doing all the research nowdays.
Good to see you back on the board MO. Good luck. Electrification metals seem to be having a run up in price at last.
The Teesside refinery is poised to meet all of the UK’s projected automotive lithium hydroxide needs by 2030, producing enough to satisfy 100% of domestic demand and additionally to export 35% of its output.
Moreover, ALK has entered into an MOU with Syrah Resources to explore the establishment of a commercial-scale natural graphite active anode material (AAM) processing plant in the UK, aiming for an initial annual production of 20,000 tonnes.
Focusing solely on the first production line of lithium, and only train 1, the projected valuation ranges from approximately 12 to 27 times the current MC, with a baseline projection of around 19 times, translating to an implied value of approximately $160 million or £130 million.
The MC is currently tiny (7 mill), with BOD heavily invested. The potential for profit is staggering. Just my opinion, no advice.
IG = £1.00 to buy now a good level of + imho.
A lot of buyers bought around 80-95p prior to £2.80 rise.
Lets hope it flies again. This time with outside money.
Just bought £4,000. Maybe be a bit of UK Gov "electionloving" Tory cash could start the mezanine funding ball rolling ? Sunday Roast with PB is a great listen from near 3 weeks ago.
Wanted to see positive movement before putting more cash in.
Https://x.com/62sw/status/1778513765396324413?s=46&t=zHpebc_fJszKrqf4DNSssg
Price to fail with mezz funding more than double the current mcap - if all comes good the potential upside from here is staggering
Looking forward to mezzanine funding and the start of the build!
Zeus capital audio note out. valuation around 20x current levels.
********************* = “research-tree.com”
https://*********************/media/audio-note-alkemy-capital-investments-plans-to-develop-large-scale-refining-of-critical-minerals-for-the-global-battery-industry-21-03-2024/id/20415
Zeus capital audio note out. valuation around 20x current levels.
********************* = “research-tree”
https://*********************/media/audio-note-alkemy-capital-investments-plans-to-develop-large-scale-refining-of-critical-minerals-for-the-global-battery-industry-21-03-2024/id/20415
zeus capital audio note out. valuation around 20x current levels.
https://*********************/media/audio-note-alkemy-capital-investments-plans-to-develop-large-scale-refining-of-critical-minerals-for-the-global-battery-industry-21-03-2024/id/20415
Https://www.directors talkinterviews.com/alkemy-capital-investments-plc-attractive-stream-of-dividends-and-plenty-of-potential-upside-say-zeus/4121147579
summary of the zeus report:
https://www.***************************/alkemy-capital-investments-plc-attractive-stream-of-dividends-and-plenty-of-potential-upside-say-zeus/4121147579
Everyday more and more bullish, at last
Bought some more yesterday and again today! It seems to have been a long wait( been here since 2022) but the next few months should be transformative if/ when funding lands as hoped. Share price rise ought to be dramatic with so few in issue.GLA.
Nice to see some colour on the share - zeus broker note probably more technically interesting. Looks like it's all about the mezzanine funding for train 1 (phase 1) because everything else is in place, planning, permission, support industry etc.
Note estimates 12-27x return if 24,000 tonnes processed annually at 50% NPV approx 2027-2029
Looks like Alk got finally noticed. Tick up
Snippet
"Project financing discussions positive – Alkemy reports strong interest from global infrastructure and funding partners for financing of Tees Valley Lithium. We expect updates shortly."
"Revenue – Base case modelling assumes a toll fee of $7,000/t of lithium hydroxide monohydrate (LHM), with a range of $5,000/t to $9,000/t. This implies $168m of revenue each year at the base case fee ($7,000/t). This range is based on discussions with various potential customers, and metals and minerals trading partners. Hence, we adjust the economics of the model via revenue line assumptions on fees."
… is out - published on research tree