Member Info for Alfacomp

its not me or knuttie.

Great post Sanchez - Musk gets the headlines because he is based in the good old US of A and has hundreds of fanboys who spend their evenings devoting themselves to his every burp and gurgle. A very dangerous approach to take when it comes to investing if you ask me. Fortune is the consummate professional who instead of having an emerald miner for a father has pulled himself up by his own hard work and bootstraps. I know who I would much rather have my money on.

nice correction investor81

Libero - nobody has mentioned the fact that Cyril Ramaphosa is delivering a State of the Nation Address (SONA) on thursday night.

If I was Cyril I would want to make sure that I could announce major investment by the World Bank in SA's Energy system during that address.

Does anyone else think that this is likely ?

any shares at the moment. Is this supposed to be a market ?

this morning - in around 1000 trades 48 of them are a 'volume' of 45, whilst there is not a single trade of 79 or 80 in size - this does not look entirely random to me and suggests there may be some algorithmic bots gaming this stock.

https://pbs.twimg.com/media/EtVbL6WU4AAwLXA?format=png&name=900x900

not only are the very large numbers of tiny trades starting to look more than a little suspicious but so is the repeated size of some of those trade 'volumes' - this looks like it is a penny stock being pumped and dumped by bots.

It is worth reiterating that Turner Pope have increased their current SP valuation from 9.5p to 12p in that report.

even more interesting - it seems that a 10% increase in bitcoin price translates into a similar %age increased energy consumption for the computers running that system.

" So in one year, this price increase will wipe out ALL of Tesla's carbon savings."

https://twitter.com/BMNperspective/status/1358826289889689603 - the chap retweeted seems to know what he is talking about.

Daisydog - you may wish to point out to them that the Panasonic/Tesla factory near Reno is not the world's largest and in fact is the only US one in the top 10 largest - https://www.argusmedia.com/en/news/1874627-large-lithium-battery-plants-to-dominate-capacity

Also whilst he is at it he could ask what is Tesla doing about its other so called gigafactory - the one in Buffalo built by the state of New York for nearly $1 Billion and why Tesla is now spaffing $1.5 Billion on a crypto bet.

What is interesting is that maiden petalite production of 4% Li2O in 38kTpa in 2022 will be equal to 1500 Tonnes of Li2O which is 3,750 Tonnes Lithium Carbonate Equivalent.

Put this alongside 'pure' Lithium projects such as Zinnwald (7,300 tonnes LCE) you will see that not only does the Uis mine produce more than 50% of the dedicated Zinnwald project in just its first year it also does so at only $54M capex (Zinnwald $178M USD).

For that investment we also get an additional 200 tonnes of 60% Tin concentrate plus almost 60 Tonnes of 22% Ta2O5 concentrate.

After phase 2 at Afritin is completed it will be producing 156 kTpa of 4% Li2O which works out at 15,600 tonnes LCE - more than double the size of Zinnwald, a dedicated Lithium project that currently has a MC about the same as our own.

I think we had better get used to the idea of being a polymetallic producer from now on.

Libero - 300 pages of detailed specification.

Why are they going to all that trouble when I'm sure there was a chap on here who claimed to own 6 million shares who says he could knock it out over a weekend with change out of 50 grand (euros or dollars he'll take either) - he said he had some stuff left over from another job nearby and his cousin could come in on Monday to help out. Only problem is he needs half up front for materials.

Indeed - the value on offer is too good to pass up right now. So I just had to help myself to another 250K shares.

it is if you are one of the people getting those options. If the price goes above 11p you can cash in an immediate profit, if not then you've lost nothing.

more sales to external customers means more revenue.

I think we may be pleasantly surprised Halespur

Why is everyone so convinced that they will need to raise money by selling shares. After all they have successfully established nameplate production levels in the middle of the worst pandemic in the last 100 years and are making a commodity that is clearly in desperately short supply with 6 year high pricing and more to come. This is precisely the situation that outfits like Orion are set up to take on. Anthony has seen exactly how Bushveld has been treated by the London bucket shops and he is going to be doing his best to seek non-equity alternatives to them.

we need something similar on here faramog eh ? What would we call it ?