The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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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
We don't know much news yet, but Syrah Resources Ltd's presentation on the 13th still has "MOU for JV development of large-scale AAM facility in the UK."
Sorry missed that Early Bird! was on a different thread - well spotted!
UK Gov on our side too:
https://finance.yahoo.com/news/british-battery-plants-given-cheap-194728106.html
Https://www.telegraph.co.uk/business/2024/03/10/british-battery-plants-cheap-power-china-dependence/
Been keeping an eye on this share with a small holding just after the recent raise. Just spotted:
https://www.thenorthernecho.co.uk/news/24154099.teesside-freeport-named-top-performer-government-data/
"The results come just a week after the Freeport secured it newest investor in Tees Valley Graphite, who signed a deal to base their operation on the Wilton site. " i.e. ALK is that investor (MOU with Syrah).
So the non binding MOU with Syrah for the JV to build Wilton AAM facility (graphite plant) at the Wilton International Chemicals Park (inside Teesside Freeport).
And then TVL's (100% owned by ALK) state-of-the-art lithium processing plant also at the Wilton International Chemicals Park (inside Teesside Freeport)
Looks like they chose a good spot for the two facilities.
*IS
Meanwhile ALK down 10%... it's painful
4,817 shares trade that just sold bought on Monday
Cant wait till this hits 500p, as per CEO's prediction on Mezzanine funding
Its close, hes proved it with PRE, now do it with ALK
Mkt cap of ALK a fraction of PRE's
And he said funding easier to sort with ALK
Certainly don’t think any of us would be surprised if it turned out JLR was the OEM we were the preferred European refiner for…
Will shareholders see news of MOU with Tata Soon?
https://www.bbc.com/news/uk-england-somerset-68412570
Absolutely - great news. Also good to see Zeus taking us on as a client. Both bode well for us getting mezzanine finance signed off in the next 3-6 weeks or so
PRE debt funding landed. Can only be a good thing here... we await patiently for Mez financing.
Syrah commences AAM production at Vidalia, USA.
Syrah and alkemy just need to check the cost and money.
Https://youtu.be/YkOQGfpYZ_8?si=NBM_FuXEKjdQliUN
https://youtu.be/AYz5dqPssCY?si=ZDkpoxnt7Yf9W3F5
Encouraging.
Major Oak, what are you suggesting? Bullish for ALK?
Https://www.afr.com/companies/mining/graphite-the-next-lithium-and-syrah-the-best-bet-for-investors-ubs-20231001-p5e8th
The biggest graphite supplier outside of China.
Thats like trying to set up a deal with Albamerle or Pilbara Minerals or Rio Tinto in size as assets both African BUT ALSO USA Graphite !
Trader, You are starting to sound like somebody who would prefer ALK to fail, It is standard practice for down rampers is to first try and establish some credibility by claiming they are a holder, before raising doubts based on fuzzy facts. Why raise the specter of China, when it is now well known that they are now using their strangle hold on Critical minerals to manipulate commodity prices then transferring costs up the line to recover their profit at the end product.
Unless you WANT China to maintain their Monopoly, you should be supporting any moves by Western companies to break their dominance in the supply chain, if not then the day will come when China will have no competition and will be able to hold the World to ransom.
I don't mind people pointing out hard truths, but when they embellish the facts to make a situation seem far worse than it is, you have to question their motives and allegiances !
We absolutely do have two months left of Q1 and anybody who thinks otherwise needs to invest in a calendar!
And the cost for these projects isn’t ‘billions of pounds’ - it’s $300m for each of TVL and PHL, plus probably another $200-300m for TVG, so less than one billion pounds for all three, to be clear…