Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Extracts from International Tin Association:
"12 July: StoreDot have demonstrated charging an e-scooter in just five minutes using their highly innovative tin-containing lithium-ion battery. The company claims this is the first time an electric two-wheeler has been charged in such a small amount of time.
StoreDot is an Israeli company backed by major oil giant BP, who co-hosted the demonstration. Daimler and Samsung are also investors. They aim to demonstrate five-minute charging with Mercedes cars in a year’s time. The company topped the 2017 ‘Disruptive 100’ list – businesses with the most potential to influence, change, or create new global markets – on the basis of their claims.
The company’s CEO highlighted replacement of the conventional graphite anode with tin, germanium, silicon and other elements, as a major breakthrough. He explained they were eliminating the use of graphite because it doesn’t work as well and isn’t as safe for rapid charging. The battery also uses advanced organic cathode chemistries.
‘FlashBattery’ five-minute smartphone and power bank charging products will be available in the second-half of 2020, with fast-charging for electric vehicles to enter the market from 2023. A production facility has been established in China and a ‘OneGiga’ gigafactory is being planned in the US to mass produce the new batteries.
Our View: This is the first public announcement of a commercial development in lithium-ion batteries in recent times to mention tin, although there are hundreds of published research papers and patents on the benefits of tin use. Three anode materials technologies have been highlighted by the International Tin Association that could each reach 10-20,000 tpa tin by 2030 if they gain market share in a highly competitive market."
What is the % now Chippy?
Yes very happy with the rise so far today, but expect the SP moves higher in the short term. Most of the fundamentals are now in place, the SP has de risked to great extent, now we have couple of first class well in demand marketable products and the SP will reflect this. the next big news hopefully will be a confirmation of a contract or joint project of some sort.
GLA & as always DYOR
Hi Sharesahoy, the correct amount for phase II is 3 million not 750k, pls see below,
Extract from : RNS Thu, 6th Dec, 2018, 07.00
"AfriTin's Phase 1 pilot processing plant is designed to process approximately 500,000 tonnes per annum producing approximately 60 tonnes of tin concentrate per month as part of Phase 1. Phase 2 will comprise a planned operation of a 3 million tonne per annum processing facility, producing approximately 5,000 tonnes per annum of tin"concentrate.
Hello James, you have raised some very good points, I am struggling to understand the big differences as you have highlighted, what Nick says makes sense but it all has to tally, will look into it further too. if you find some answers would appreciate some feedback, thanks . .
Managed to get another 100k, absolutely lovely prices, soon these prices will be distant memory in the short to medium term.
Always DYOR & GLA
@BMNSA, “To have followed your advice would be leaving me with substantial profit losses.”
Don’t worry, it is not over until it is over, you will have plenty of chances to lose it all, following your method. You are not clever enough to understand the essence of my message, good luck.
Those investors who thought they play it smart and sell some and buy later at lower price, let me tell you based on experienced experts, it is always works better if you stay invested, it is very rare to make money second guessing the market. This SP could go back up fairly quickly and you could end up paying more than what you sold them for.
Courtesy of FB,
http://www.infomine.com/investment/warehouse-levels/tin/all/
The Historical Tin LME Warehouse level is lowest in the last 20 years, there could be a big price rise for TIN, specially when the electric vehicle sales takes off among other uses. so well done those who can buy in to this share, lets hope we get some good updates soon and see the SP go beyond the 3.5p. AIMHO, GLA.
The daily dose of 1,000,000 sells has already gone through, not sure if we would have more significant sells today. We dropped a bit but back to where we started this morning. Volumes are picking up, there are more chunky buys. I think we would slowly start creeping up out of range to the point where the news regarding phase 1 pilot plant arrives, then we should rise steeper to around 5 – 6 p and beyond in short term. Good opportunity to load up now. Of course all my opinion, no advice given. Always DYOR . . . .
125,843 @ 3.3p
@SOTRR, I said, "This may explain our continuous SP drop", I never said it is happening here.
However, I take your point that there are no evidence of Placing for BMN at the moment, and I am not suggesting otherwise at all. In any case there could be other variations of this practice, not necessary placing with iis etc. As I mentioned the purpose of the post was just to highlight a dark practice, that is all.
For someone saying it is fake news, etc. etc. it is not on.
This may explain our continuous Sp drop!
Naked shorting, which is rumoured to be rife on AIM, sees a market maker sell stock that does not exist in a target firm to retail investors at a higher price until they have built up a large short position. The market maker’s goal is then to close the short by participating in a discounted placing of the target firm and then using the placing stock it receives to settle its open trades, pocketing the difference in the two prices. Such shorts can typically be anywhere between £300,000 and £500,000 in size, although there have been notable occasions when the naked shorts have run into millions.
https://www.valuethemarkets.com/2018/07/31/aim-chief-exec-lofgran-breaks-ranks-challenge-market-makers-naked-shorts-ntog/
Just to add to Alfa’s
The way I understand it, it does not look like a magic one, in its simplest form Cryogenic storage works by using renewable or off-peak electricity to cool air down to -170 degrees which results in a 700-fold contraction in its volume from gas to liquid. The process is similar to that used to liquefy natural gas, but because these cryogenic systems use only air, the entire charge/discharge cycle is completely free of carbon emissions. It's then stored in an insulated tank, similar to a large thermos flask. ..then as the article explains it is used to generate electricity by use of an expansion turbine and a generator. The waste heat from this process is captured and used to increase the efficiency of the cryogenic process.
It looks VRFB is a simpler and maybe more efficient and better energy storage system