If you would like to ask our webinar guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them 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.
"Sembcorp already operates one of the largest fleets of ESS in the UK. This 285MWh ESS is the largest in Southeast Asia. At 709MWh, Sembcorp is now one of Asia’s largest and fastest-growing ESS operators with strong technical capabilities.”
Get ready. The Alkemy / TVL boys have their shares in pocket now as of 5th Oct.
Let the news flow begin.
Options can be paid out at £5.00 over a 10 day period !!! With such a small amount in issue ALK could easily take out £5.00 on take off news or JOINT VENTURE .... ???
UK lithium battery storage capacity to increase to 350MW AT WILTON by Sembcorp UK.
https://www.solarpowerportal.co.uk/andy_koss_to_head_up_sembcorp_uk_as_it_looks_to_accelerate_growth/
UK Lithium Battery Storage , Sembacorp appoint new UK CEO to oversee progress...
"Battery Energy Storage
Batteries have the power to store energy generated from renewables and hold it for use at times when electricity demand increases or when renewable sources aren’t able to deliver. The National Grid Electricity System Operator (NG ESO) needs battery storage to dynamically manage the UK’s energy system in real-time. Functioning like the cruise control in a car, our batteries automatically increase or decrease their output to ensure that the system frequency remains consistently within safe limits, reducing the risk of power cuts.
Our current operational portfolio is 120MW and we plan to further add to this with a 360MW battery at our site at Wilton International on Teesside."
https://www.sembcorpenergy.co.uk/what-we-do/
Get ready. They boys have their shares in pocket now.
Let the news flow begin.
Options can be paid out at £5.00 over a 10 day period !!! With such a small amount in issue ALK could easily take out £5.00 on take off news or JOINT VENTURE ....
"29 September 2023
Alkemy Capital Investments Plc
Completion of Director Equity Participation at £1.40 per Share
Further to its announcement on 31 May 2023 in relation to its £1.35m fundraise and director participation (the "May Fundraise"), Alkemy Capital Investments plc ("Alkemy" or the "Company") (ALK:LSE) (JV2:FRA) announces that on or around 5 October 2023 it will issue 657,711 new ordinary shares to Paul Atherley in full repayment of the interest free stock loan that was provided to the Company by Mr Atherley in order to facilitate the May Fundraise (the "Stock Loan Repayment Shares").
In addition, on the same date, the Company will repay in full the £330,000 unsecured, interest free loan provided to the Company by Mr Atherley and the £100,000 unsecured, interest free loan provided to the Company by Sam Quinn at the time of the May Fundraise (noting Mr Atherley and Mr Quinn were unable to participate directly in the May Fundraise as doing so would have triggered a mandatory offer for the Company under the City Code on Takeovers and Mergers).
As agreed at the time, Mr Atherley and Mr Quinn will apply such amounts to be repaid to them to subscribe for 235,714 new ordinary shares to be issued by the Company in the case of Mr Atherley and 71,428 new ordinary shares to be issued by the Company in the case of Mr Quinn, in each case at a price of £1.40, being the placing price of the May Fundraise (the "IFL Repayment Shares" and together with the Stock Loan Repayment Shares, the "New Shares").
The Company will apply for admission of all such New Shares to listing on the standard segment of the Official List of the Financial Conduct Authority (the "FCA") and to trading on the Main Market of the London Stock Exchange ("Admission"). Admission is expected to occur at 8.00 a.m. on or around 5 October 2023.
In accordance with the FCA's Disclosure Guidance and Transparency Rules, the Company confirms that following Admission, the Company's enlarged issued ordinary share capital will comprise 8,164,851 ordinary shares each with a right to vote and with no shares held in treasury. Therefore, following Admission, the above figure may be used by shareholders in the Company as the denominator for the calculations to determine if they are required to notify their interest in, or a change to their interest in the Company, under the FCA's Disclosure Guidance and Transparency Rules.
Further information
For further information, please visit the Company's website: www.alkemycapital.co.uk or www.teesvalleylithium.co.uk
-Ends-
Alkemy Capital Investments Plc
Tel: 0207 317 0636
info@alkemycapital.co.uk"
I will be awaiting a new batch of 11.30am buying by Nov with a new 6 month high.
Yeah, Weardale could certainly be a great very low carbon supplier of feedstock down the line for trains 3/4 if they can get their pilot plant up and running successfully.
Today is at the very least a marker set down that the project is being looked at seriously and has been over the last 6-12 months for TVL to gain a grant.
Happy with that and it will aid the next steps
Europe values carbon. And weardale is a low carbon lithium company. If weardale is successful, alk can get low carbon lithium. I don't know the future, but I hope they succeed.
Tees Valley Lithium Hydroxide plant is a no brainer for qualified & certified Lithium Hydroxide & Carbonate anode material !!!
"One of the key problems is the slow progress in producing electric batteries and the lithium hydroxide that powers them.
In Germany, AMG Lithium, the first factory in the EU to make lithium hydroxide, is about to go into production with an order book stretching into 2026."
https://www.theguardian.com/environment/2023/sep/24/carmakers-call-eu-delay-tariff-electric-vehicle-exports
This coming Wednesday, it will be five weeks since the Australia Feasibility Study was complete and announced to market, which was going to be used for "utilised for completion of due diligence activities with various potential feedstock suppliers as a planned next step to finalising binding agreements."
Now these are undoubtedly big companies carrying out the due diligence, which invariably will take some time - how much time is anyone's guess but 6-8 weeks would seem realistic. Should mean we're getting very close to feedstock...
Land grab of 61,000 land claims by Rio looking for Lithium.
https://www.afr.com/companies/mining/rio-tinto-s-stealth-moves-in-wa-lithium-grab-20230917-p5e58k
https://www.google.com/maps/search/kathleen+valley+australia/@-24.6760897,119.0541734,5z
Quick look at 1.70 then all way back down.
Sunak - The key words here from a global mining company and maturing start up = FAST TRACK !!!
https://li-cycle.com/press-releases/li-cycle-and-glencore-announced-plans-for-a-two-phased-approach-to-the-portovesme-hub/
SUNAK - "ExxonMobil thinks Arkansas contains 4 million tons of lithium that could create batteries for 50 million electric vehicles (EVs). Let that sink in."
cough cough CORNWALL !!!!! You have a brain ... US IT. ExxonMobil are an OIL giant telling us LITHIUM is the way forward for energy storage ????
DING DING DING
Sunak "In what world are you leaving in" ?
“2023 will mark the first year where lithium ion battery production surpasses the 1TWh threshold,” says Benchmark COO @amiller_bmi in his opening presentation of Benchmark's #GigaAPAC conference. https://t.co/eZe3J5Nngc
DING DING DING WAKE THE F UP
Hydrogen
Wind
Solar
Even sodium ion batteries which I point out CHINA are building at BONKERS speed.
WAKE THE F UP !!! This is worse than Truss to even consider kicking the can on our living, green environment that our childrens children need. Not the stressed out climate that is coming.
Tees Valley Lithium & Alchemy Capital are correct and have been all along to try and progress this whole UK / Australian project without as much government inteferrence as possible.
We were brought up to have a bit of trust in the planning of our governments but the last 10 years has blown away any thinking that any of the leaders from any part have a halfpenny of a clue about true leadership.
"If" they do not step UP investment rather than cut in this sector its just leading to wasted billions just like the clusterf...k of HS2 that nobody wanted in the first place.
I
Looks to me like we had a few Traders expecting an RNS, when it did not eventuate they decided to take their kitty else where. Brave or stupid ? I guess we will find out very soon.
10p spread is usually a sign of selling / buying action.
The average is usually 30p spread
Https://teesvalleylithium.co.uk/wp-content/uploads/2022/08/ALK-Shard-initiation-5-August-2022-1-1.pdf
Pallinghurst are big backers of Traxys/Optivor
5th August 2022 9FOR QUALIFIED AND PROFESSIONAL INVESTORS ONLY
TVL has an MOU with Traxys to source/supply feedstock
► Source and supply. TVL has entered into a memorandum of understanding (RNS 21-7-2022)
with Traxys to source and supply lithium feedstock for TVL’s planned processing facility in
Teesside.
► Feedstock for Train 1. Under the MOU, Traxys has agreed to cooperate and collaborate with
TVL to source and supply lithium feedstock for train 1 (24,000tpa LiOH) of TVL’s processing
facility located at the Wilton. TVL plans to commence construction of Train 1 later this year.
Based on our own modelling assumptions and chemically derived ratios, we estimate that
this could imply an LSM feedstock requirement of just under 40,000tpa.
► De-risking. The ability to consistently source feedstock at an appropriate cost is one of the
primary risks of the planned operation, in our view. Consequently, we see this MOU with
Traxys as helping to significantly de-risk the project.
► Traxys is a major player. Traxys is a leading, privately owned, physical commodity trader and
merchant in the metals and natural resources sectors. Its logistics, marketing, distribution,
supply chain management, and trading activities are conducted by over 450 employees in
over 20 offices worldwide, with annual turnover in excess of US$8bn.
► Lithium business expanded. Traxys sources and finances raw materials in every major
market but recently the group expanded its lithium trading business as part of a commitment
to continue building its technology and battery materials franchise globally. Traxys Europe
recently joined the International Lithium Association, an industry membership organisation
dedicated to ensuring that Lithium is ethically supplied worldwide and to share best practices
in determining and achieving lithium supply chain efficiencies. In 2019, Traxys established a
battery materials joint venture the Pallinghurst Group to invest in large, low-cost projects
predominantly located in investment grade jurisdictions across North America, Europe and
Australasia. The JV focuses on the entire value-chain, from sourcing raw materials to
managing the beneficiation and value-add process, as it supplies battery grade materials to
major battery makers and their intermediate suppliers globally. Traxys also has offtake
agreements with various companies including Lepidico (ASX: LPD) and European Lithium Ltd
(ASX: EUR).
► Other supply initiatives. TVL is also investigating the possibility of building an intermediate
lithium product refinery in Western Australia. The rationale would be to act as a regional
refinery hub which could take existing SC6 material from the plethora of Western Australian
spodumene producers. This spodumene concentrate could then be refined into an
intermediate product such as LSM before shipping to TVL’s refinery in the UK. We don’t have
any more details of this initiative yet, but it makes sense given
Https://www.minister.industry.gov.au/ministers/king/speeches/speech-australian-british-chamber-commerce
Alkemy specifically mentioned.
Https://find-and-update.company-information.service.gov.uk/company/14030055
Still everything to play for here MajorOak. One RNS that hints of feedstock and/or potential offtake and we are in biz. Market cap won't stay down here.
Soon, to take advantage of the weak sector.
JV imho still think PIL could well make a significant move but thats going to start from news in Oz
Great work MO, Thanks, Vii