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"December 2023: China starts graphite export controls.
January 2024: USA tax incentives commence to limit Chinese materials into electric vehicles.
Suddenly major Chinese suppliers can’t sell to the US anymore.
US car makers can’t buy from them anymore."
Is this our turning point ? Time will tell.
Plug and play
https://x.com/AlkemyCapital/status/1747976070140244366?s=20
Haha very true! I guess I mean in the smallcap minnow arena.
Just your regular reminder that while the price action may at times behave like AIM we are main market 👍
I think it would build in a huge way, given Mezz finance validates the whole proposition and allows the market to start validation the full potential. Broker has a 1530p target price which is 85% discounted(!).
I see this one going mainstream media when its financed as its a great UK story but trying not to allow myself to dream big until that day comes, AIM is a funny old beast but will happily over value a stock thats in the mainstream limelight.
In Paul we trust.. nice that its signposted in the short term
Personally think we’ve been set up at this level so that we can do a 100 - 200% rise on mezz finance news to get to the mezz finance value as our mcap ($20-30m). And from there start a progressive climb to £3-5 as the market finally begins to price in a little bit of the company’s potential.
Wondering what peoples price targets are if/when it lands... In a good market probably north of £10 but in this market I have to temper expectation probably something like £3-5. It will be a huge milestone for the company and would surely mark the start of a huge move here.
Looking good.
Every section gave a positive update.
Time to buy a few more I believe.
Good to have an update, nothing groundbreaking but nice to see finance discussions progressing ‘excellently’. Looking forward to the update when mezz finance is signed.
Been wondering for a while now whether ALK’s graphite strategy has them in contact with Blencowe re their Orom Cross project. Not producing yet but has some great backing and this is exactly the kind of midstream processing I think they’d be looking for.
For now I want them to just focus on financing TVL train 1 but if they manage to pull off even a third of what they’re aiming for this has the potential to become an incredible company 👍
Reads very well to me! Nice to hear there is huge and growing demand for Lithium processing in Europe despite downturn in Lithium prices
Simo - think you might need to read more into the company. Firstly the feedstock deal is from South America, and secondly the Australia plan, if and when it comes to fruition, would be far more economically and environmentally sensible than anything that happens today with Australian spodumene.
ALK is a margin based business so price of lithium not really a factor too much. We will make money on the refining, not the lithium, so whatever we’re buying and selling it for our margin will remain relatively steady.
For your reference, ALK’s forecasts are based on long term hydroxide price of $25,000 per tonne and it’s projected to remain above $30,000 per tonne even with lithium prices falling so ALK still economically viable even in the worst circumstances for lithium pricing.
Great for UK but sourcing from Australia with the high cost of labour is a worry. Lots of feedstock in Africa which would be cheaper to mine and also closer for logistics.
Lithium prices have dropped significantly, does that mean the price of the carbonate or whatever they sell has gone down as much?
Https://x.com/AlkemyCapital/status/1747173474232148229?s=20
I guess this demonstrates that there are huge amounts available in green bond funding in this space!
Same here yesterday - should be a transformational year ahead.
https://www.***************************/alkemy-capital-plc-lonalk-pioneering-the-future-of-lithium-refining/4121137674
well timed imho. much the same opinion.
The 3785 Buy this morning is mine as another top up. Quietly confident here.
With Christmas NY now out of the way and the City back to work, plus the summer holiday break in Australia with another 4-6 weeks before their markets really get back to fully functioning.
Australia will have a big hand here so it is important to recognise these periods of market trading globally.
S American interest too will see their markets also having summer breaks now and back by mid Feb.
The current price here is now around that raising price of £1.00. NOTE 9th Jan 2023.
MO
Happy New Year to you too. I hope it is successful for you.
Best wishes Vii
Big year coming, one way or the other.
Certainly has big potential to be one of 2024’s top risers. Q1 and Q3 should be transformational as we secure mezzanine and bond funding.
Https://twitter.com/VSACapital/status/1737760130991579204?t=tV-YmSah26B0EqYaq7NUsQ&s=19
Https://www.telegraph.co.uk/business/2023/12/15/china-weaponised-dominance-critical-minerals/
Many more sources of chemical processing and experience added to the TVL & ALK table !