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Anyone use tradingview.com? Their charts seem to have died. Or is that just because I'm not a paying subscriber and they've changed their MO?
I see the same issue on Tradingview also.
Just a post from HC EUR thread :
Hi. To answer your question, what if BMW supply agreement doesn't eventuate... Great question! I've asked about this, and here's what I know, per report given by one of my advisers yesterday.
Mercedes is right behind BMW if they back out from EUR. VW too apparently, not sure if that's just passing comment, phone call or email, but I'm told definitely Mercedes has formally enquired - which answered my question why an exclusive deal with BMW for first offtake.
DFS first before financing. I've asked, and the consultancy is confident next month, although my report says "most likely" based on 12mt as opposed to 9.7mt, although it made me question about the other side of the hill but it doesn't bother me personally just get something out I reckon so we can all get on with our budgets, drill the other side later and improve BFS from there. Apparently the South African consultants couldn't travel to Austria to finish the job (DFS) due to Covid... but early release of something so MoU can be announced. BMW wants a level of certainty of the quantity LiOH, grade and project timeframe as would be expected... but construction is going ahead, with or without them, community permitting with blessing from officials.
The report also includes a mention of intense competition to secure future lithium supply, there's not a lot of sources, supply can't catch up with demand. BMW is trying to secure supply from 2025 onwards, and getting their hands dirty at mining level. This didn't use to happen as it was the battery makers who deals with mining companies but car manufacturers have to act or lose out. This explains LiOH trading at $70k, and projected to even past $90k/tonne (cost forecast in feasibility of supposed $25k/tonne). All the current mines must ramp up now to accommodate future demand, and that's not even going to touch the sides.
Hey, Ant! I use TradingView all day long and haven't noticed a problem. But I am a paid subscriber (Pro+ level). I was just about to downgrade to a Pro subscription, because I don't need more than 5 indicators. But now I'd like to see if you experience problems! Lol.
Fingers, the fact that these companies are even talking to EUR tells me that KC must be getting daily flower bouquet deliveries and chocolates from them every day! Anyone who bails on EMH now is gonna regret it.
Aha.. mysteriously, my charts are back. I'm a free user... indicators? I'm a simple soul. I just draw nice lines.
There was an interview, I think last year, where KC said they were getting cold calls from Lith buyers regularly (maybe daily) so make of that what you will.
And still investors are selling their shares and driving the price to sub 50p. I cannot believe that anyone would sell up, unless of course they have no choice, before the enormous potential of this share is realised. (£4 per share target for me)
Yes but it is also an opportunity to get more under 50p for everyone.
Ant, I sell credit spreads. Tonight, I called my broker and said that I didn't like paying $0.65 per trade. They agreed to drop that to $0.55 per trade. So I basically paid for my TradingView subscription tonight, saving about $120 per month. But it sounds like you'll be just fine with the free version if you don't need more than 3 indicators.
EU digs for more lithium, cobalt and graphite in green energy push
https://www.afr.com/policy/energy-and-climate/eu-digs-for-more-lithium-cobalt-and-graphite-in-green-energy-push-20220817-p5ban2
LG Chem Investing in Largest Lithium Supplier in China
http://www.businesskorea.co.kr/news/articleView.html?idxno=98656
Cant or do not understand why the Czech Gov , CEZ , VW , Battrey alliance etc are all are not as enthusiastic as this mob .
There has to be something fairly major going on behind the scenes. The survival of so many major European firms depends on this coming into production, and soon
This is Europe fingers, we first need to audit the process, get a report on how well we're (not) doing then go back to the EU for further discussion on possible measures to improve the process...
"The European Court of Auditors is launching an audit to find out whether the European Commission has been effective in developing a globally competitive and sustainable value chain for batteries in the EU and whether the projects supported in the Member States maximised the impact of EU funding."