Roundtable Discussion; The Future of Mineral Sands. Watch the video 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.
Correction “Oyabi Prject”
I stand to be corrected Tom. Yes the Omani project in the Congo.
Congo mate not Equatorial Guinea... think you might be thinking of the almighty swimmer Eric the Eel Moussbani. Damn he was the hero of that Olympics
But on another I’m super excited about the next two months - ASX will see $1 in that time
Mr.C Lawrence et al.
Whether we call it investment, gambling, or even a sure thing does not really matter if we believe in our decision to put our money into this. I have been in since Equaminerals who had an iron ore play in
Equatorial Guinea so I have not bailed out and I have a lot. But live the dream we need to. GL
Lawrence -- you have captured pretty much where I am at !
It's highly strategic chaps -
https://ec.europa.eu/info/sites/info/files/european-green-deal-communication_en.pdf?fbclid=IwAR2wh_J6EEJKkf5m5ecIM9Uan3c0XZrKSZdOhum7BOZrqhhQDqguMFLfDzU
GLA
mrcautious, I agree 100% with you in that It should not be seen as gambling and to be fair KC does come across as one of the best on AIM (That I've seen). You are obviously one of the lucky ones if you got in early, I am so far under having bought in from the 40's all the way up to just below 80 and then topping up over the last six months to bring my average down, not a nice feeling but I am still 100% confident this will come good very soon.
Good luck and Chin Up
"But, if anybody cannot except gambling their money get out and get into Bonds, Blue Chips, Cash or whatever." I have been here from the very early days way before it spiked to beyond 80p and I have to say based on 3 other AIM shares I am in they all look the same -- ie jam in the near future but just out of reach. So yes when the dust is settled on this I fully intend to give AIM the big heave Ho. I dont think i t should really be gambling it should be based on what we know of the assets and company operations but on AIM you cant believe anything unfortunately..Yes we all know in theory there will be huge demand for Lithium but we have known this for over 2 years and still nothing has happened to sharpen share prices here or on KDNC or BCN and one only has so much patience as an early invester.
That's a point what happens when the penny drops hopefully market overreaction to £10
Mrcautious , I only post these items to validate the enormity of what Lithium will become and particularly for Europe , it is inevitable that a continent of Europes size , they will need to be independent of China for the supply of Lithium . EMH just happens to be the heart of this independence . Whilst the market does not seem to realize the potential at the moment , I can only conclude that the awakening will be enormous when it does happen . Don't forget when Tin hits $30,000 a tonne Lithium cost is free . And there is no chance we will only do 25,000 tonnes , basic maths says you make hay when the sun shines .
This project is strategical for the future of EU. The replacement of fossil fuel depends on lithium. As a case in point Tesla megapacks for the power grid has just pass 1.9gw/h for the quarter. With giga Berlin being built it is vital for this only risk here is timescales(or maybe some nutter politician) sit tight this will be all over 2 years max.
mrcautious, personally I find the links very informative as it gives a real sense of where we are going and the True Enormity of what we have and what we could become, sure we need the "Due Diligence" to be finalised but we have been told this will happen before the end of March 2020? We all want this to happen now, but we have to remember this is a Multi Billion $ project its not like walking down to your local supermarket and making a decision to buy a packet of crisps and then throwing in a choice of which flavour to buy ...... This project will happen for sure, Europe Needs It, Czech Needs It & EMH Needs It.
Patience now and prosperity will follow.
Right Place .... Right Time .... Right Now .... (Before The End Of March)
Good comment. At the end of the day this is a very speculative company. For me it is in the right space at the right time, but of course it is a gamble! With a huge company backing the project.....
However if everything goes right this could be a 5-10 bagger, if not , SFA.
But, if anybody cannot except gambling their money get out and get into Bonds, Blue Chips, Cash or whatever.
What you have to remember is that the size of the company you could fit the staff in a minibus. When the money is sorted then you will see movement
Fingers - you keep posting all this newsfeed stuff but what we want to really know is not a load of rah rah stuff but is this company actually going anywhere because the share rice is moving slower than a glacier...
https://www.caradvice.com.au/822867/ups-arrival-vans/
https://reneweconomy.com.au/musk-says-tesla-megapack-driving-huge-rise-in-battery-storage-deployments-95021/
One could have a leisurely coma and not miss anything here! ;-)
I am invested here although the snooze you lose part I am not sure about. More like a deep sleep!
New Records will be broken this year
https://cleantechnica.com/2020/01/27/tesla-model-3-shatters-records-in-hot-european-market-ev-sales-report/
Totally agree but 50000 tons will not cut it. The mine will be expanded once proven if lithium is going to replace oil I think by a factor of 10x bit rampy but who else are the cars and power companies going to call????
That article should be enough to get the likes of VW et al to pull their fingers out and invest & secure their Lithium Supply ..... The real urgency in securing supply is heating up, Europe wants its own Lithium .... FACT.
MORE FACTS FOR THOSE WHO DON’T KNOW OR WHO ARE NEW TO EMH:
1.Cinovec is THE LARGEST LITHIUM deposit in Europe,
2.Cinovec is the Fourth LARGEST non-brine deposit in The WORLD.
3.Cinovec is centrally located for European end-users and is well serviced by infrastructure.
4. A GLOBALLY Significant Tin Resource.
5. Significant Hydroxide Results Achieved.
Cinovec is ideally suited to supply the RIGHT PRODUCT at the RIGHT TIME into the growing European battery market, RIGHT PLACE.
• Net estimated overall cost of production post credits: $3,435 / tonne LiOH.H2O.
ONE OF THE LOWEST IN THIS SECTOR. $3,435 / t
• Project Net Present Value (“NPV”) increases 105% to: $1.108B (post tax, 8%)
• Internal Rate of Return (“IRR”) increased 37% to 28.8% (post tax)
• Total Capital Cost: $482.6M
• Annual production of Battery Grade Lithium Hydroxide: 25,267 tonnes (for one shift or 50,000 tpa on 2 shifts, add on another minehead and this starts looking Mind blowing, who knows what amazing results can be achieved?)
• Studies are based on only 9.3% of reported Indicated Mineral Resource and a mine life of 21 years processing an average of 1.68 Mtpa ore
Right Place
Right Time
Right Now
EUROPE NEEDS LITHIUM ..... WHO ARE THEY GOING TO CALL? European Metal Holdings of course.
Investment will be coming our way soon for sure and this baby is going to fly and FLY HIGH.
In It To Win It
Snooze You Lose
Mercedes halves EV production target due to battery shortage: Report
https://auto.economictimes.indiatimes.com/news/passenger-vehicle/cars/mercedes-halves-ev-production-target-due-to-battery-shortage-report/73556564