Member Info for ACKER

Reasons for my vote;
Have deep pockets
Have enormous mining experience
Can finance Zulu AND all the exploratory work on EPO.
Can DFS our new areas.
Can finance infrastructure,mines and refinery
And have great influence over any Zimb government.

Acker

Shouston--enjoy reading your posts on COPL.

Acker

Yes--put the kettle on for a cup of tea.

Acker

I don't blame shareholders cashing in some profits and I can hardly criticises the traders.

All have a roll to fill,it will be commonplace as the SP re-rates.

Acker

steward1-very good post.

The EPO area has me salivating [not a pretty sight]

Regards

Acker

Believe me-----this is just the "Acorn "stage.

Acker

Snakes & ladders this morning.

Expecting the SP to show gains pm.

Acker

Snowking--i envisage it being financed by a consortium,with the government putting up some of the funds.
The location will be determined by logistics,infrastructure ,rail terminals etc--export via S Africa
In time I can see EV production coming to Africa.
IMO heads and wallets are looking once again at Africa.

Acker

Snowking

The lithium "Octopus", several lithium mines in Zimbabwe feeding the refinery.

Acker

This is the best example of market forces at work.

You have during 2022 and 5 years after an insatiable demand which will be difficult to service.

Every player in the world will want more and more and security of supply.

There are some very big players and they have tremendous buying power.

It will be fascinating to watch this pan out--and very,very profitable for shareholders in Premier Africa

Acker

What price spodumene in Q3/Q4 ??

Acker

Snowking--I agree.

I would add that I am expecting very positive news cascading from our exploratory work on the EPO.
What price do you put on two individual strikes,potentially larger than Zulu.
Have factored this into my equation of SP.
Then we have all the rest--no need to list.
I will put Circum at 50/50

Acker

Oranolio1 have explained this so many times in previous posts.

A combination of several factors

Acker

iky786--my ESTIMATE

Before the end of April 1p

Before the end of the financial year 2p plus

Acker

Now has a great hole in companies lithium strategy.
It has the money to be a player.

Acker

Materials
China's Ganfeng Lithium stakes out overseas claims in hot market

Lithium 'supermarket' aims to double production by 2025 as EV demand swells

Acker

Huayou chairman Chen Xuehua said the acquisition is part of his company’s strategy to build its battery materials arm.

“We look forward to working with Prospect to complete the Transaction and engaging with the Zimbabwean Government ahead of planned development activities at Arcadia in the near-term. The acquisition of Arcadia complements our existing battery metal mining operations in southern Africa and represents a logical transaction for Huayou as we continue to build a new energy materials business division.”

Huayou has been looking at investing more in lithium projects overseas to add to its battery metal offering, a company executive was quoted as saying in September.

“We will pay more attention, not only in nickel and cobalt, but also lithium resources development, both inside China and outside of China,” George Fang said in a Reuters interview.

China's EV boom continues

Looking ahead, the China Association of Automobile Manufacturers predicted the country's EV sales to reach 5 million units in 2022, up 40% from a year earlier.

Some market observers expected China's NEV sales to breach 6 million units in 2022, as consumers may decide to purchase NEVs in the anticipation of rising prices caused by the government's planned removal of subsidy after Dec. 31, 2022.

In the light of the booming EV industry, bullish demand for battery raw materials is expected to continue in 2022.

The largest exporter of lithium hydroxide, China's exports will continue to increase in the years ahead, as more overseas battery producers sign long-term contracts with key lithium refiners in the country.

Meanwhile, China's imports of lithium carbonate are also expected to rise to meet the needs of domestic LFP and ternary materials producers.

Platts spoke to 25 companies for the outlook, comprising domestic and international lithium refiners, battery precursor and cathode makers, traders and analysts.

2022 is the year

Acker

London74--it will happen

Acker

https://www.sgs.com/~/media/Global/Documents/Flyers%20and%20Leaflets/SGS-MIN-WA109-Hard-Rock-Lithium-Processing-EN-11.pdf
The work that is going on behind the scenes

Acker