Member Info for bluesky687

No big changes currently

http://tradeinsight.co.uk/african-battery-metals-the-dark-horse-of-cobalt/ Published ~3 months ago "African Battery Metals is effectively surrounded by one of the largest Cobalt mines in the world Katanga is 6km North East, bordering to the South East and approx 6km to the South In the field measurements from existing pits showed prospective Cobalt grades of up to 2.5% Anything above 2% Cobalt is considered high grade African Battery Metals is positioned right in the middle of what we can see is an extremely prolific and productive area.. once those prospective grades are proved up, big brother Glencore will surely be looking over the fence.. especially as Cobalt recently hit $80,000 per tonne The company sits today at £3.8 million market cap"

APR 19 https://twitter.com/Share_Talk/status/987030381885992961 #ShareTalk Roger Murphy EC & CEO African Battery Metals #ABM today https://twitter.com/Share_Talk/status/988706941638725634 @Share_Talk investor show #London video presentations are ready. Will publish shortly Metalnrg PLC #MNRG African Battery Metals PLC #ABM Legendary Investments PLC #LEG Cadence Minerals PLC #KDNC Thor Mining Plc #THR PowerHouse Energy Group plc #PHE

BERLIN (Reuters) - The German automotive industry must invest heavily in electric car technology and develop battery production facilities in Europe to keep up with global competitors, Economy Minister Peter Altmaier said in a newspaper interview published on Monday. Altmaier told Germany's mass-circulation Bild newspaper that the carmakers needed to invest high "two-digit billion amounts" in electric car technology, saying he did not understand why the firms had hesitated for so long. Investments were also needed in battery production, given expected demand for many millions of electric batteries that could help firms earn good money, he said. https://www.usnews.com/news/technology/articles/2018-04-16/german-minister-to-carmakers-invest-in-electric-cars-or-lose-out

https://www.cnbc.com/2018/04/16/technology-is-fueling-the-growing-demand-for-the-once-obscure-element-cobalt.html "There isn't a better element than nickel to increase energy density, and there isn't a better element than cobalt to make the stuff stable," said Marc Grynberg, CEO of materials company Umicore, in an interview with Reuters. "So (while) you hear about designing out cobalt, this is not going to happen in the next three decades. It simply doesn't work."

https://twitter.com/search?f=tweets&vertical=default&q=%23abm @Share_Talk Quietly working away in the background on tomorrow night show https://www.eventbrite.co.uk/e/thor-mining-metalnrg-african-battery-metals-legendary-investments-cadence-minerals-tickets-44832242444 � #London Looks like we will have cracking weather Thor Mining Plc #THR Metalnrg PLC #MNRG African Battery Metals PLC #ABM Legendary Investments PLC #LEG Cadence Minerals PLC #KDNC

I'm convinced that there is COBALT, but we need to know the grades. But as initial drilling is completed and a second one underway + presentation tomorrow etc. I cannot imagine Roger to report bad (definite) results. Last RNS stated "soil anomalies showing elevated levels of cobalt". Time will tell

Like for any other stock. Never put in cash you're not afraid to lose. Risk and reward. Hopefully drilling results will be positive. Should arrive early enough to show which direction it goes

Meet Roger on Thursday and raise your concerns.

https://www.share-talk.com/share-news/billionaire-to-build-worlds-biggest-battery-beating-elon-musks-effort/

Now, investments are increasingly being made in so-called ‘new-age minerals’: cobalt, copper, nickel and lithium. “Big miners are putting their capex against commodities, projects and portfolios that are showing good long-term prospects but, more specifically, we are seeing the emergence of the ‘battery minerals’ and the ‘new-age minerals’ needed for the technology of the future,” says Cormack. “Some exploration companies have completely switched from more traditional commodities to these newer ones.” Lithium, for example, is now one of the world’s fastest growing commodities due to the demand for Li-ion batteries. According to Chile’s largest lithium producer, SQM, the mineral’s growth rate is at 20%. In March, the company said its net income had reached $428m, an increase of more than 50% of the $278m  the year before. Cobalt is also garnering a lot of interest due to its scarcity but necessity in batteries for electric vehicles. According to figures from the London Metal Exchange, the price of cobalt has made a 22% gain already this year and a 250% gain since early 2017. Furthermore, data from Mining Intelligence shows that worldwide cobalt drilling activity quadrupled in Q4 2017, accounting for 50% of total activity of battery materials worldwide. https://www.mining-technology.com/features/changing-tactics-capitalise-mining-commodities-boom/

another RNS out

RNS/Press/Blogs/Markets Log InRegister SP Angel posted a squawk about ABM 11:36 12 Apr African Battery Metals* (ABM LN) 0.05p, Mkt Cap £2.9m – Cobalt drilling program extended Conclusion: It is good to see the results of field work starting to come through. We expect to see indications of copper-cobalt mineralisation from these results and for this to then direct a more meaningful diamond drill program. We would then hope to see grades and intersections which could drive a conceptual pit study and early stage economic evaluation. https://www.**********.co.uk/activity/92068/

backing ABM's strategy. Here another find... The price of cobalt has shot up exponentially in the recent past as demand for batteries also rose. Between 2016 and 2018, the metal’s price rose $20,000. Currently global demand stands at 110,000 metric tons per year, but that could multiply by 30 times by 2030. The EV market, which is heavily reliant on lithium and cobalt, will drive demand in the coming decades. Many governments around the world have been pushing their car companies and users to switch to EVs, and it appears only a matter of time before they replace combustion engines on the road. This will translate into millions of li-ion batteries that use significant amounts of cobalt. The competition for the metal will be intense.

Shifting the focus to battery metals was a smart move

Demand for battery metals such as lithium and cobalt will outperform driven by the battery revolution and will set their place as the commodities of the future. The lithium-ion battery storage market, whose use will boom in key markets such as the US, EU and China thanks to its attractive efficiency features, will be backed in the future by the fast development of portable electronics, residential and utility-scale electricity storage, and electric and hybrid vehicles. Demand for battery components including cobalt, lithium and nickel will therefore rise in the coming decades. Currently lithium and cobalt reserves are overwhelmingly located in concentrated areas where they are already produced, such as the 'lithium triangle' in South America, namely Argentina and Chile, for lithium and the Democratic Republic of Congo for cobalt. As such we expect these countries to lead the way in terms of production growth for both metals in the coming decade. Another metal that is set to benefit from the battery revolution is nickel, due to its use in various key cathodes (NCA and NMC) found in lithium ion batteries. Regarding other traditional industrial metals we believe tin and copper demand is set to outperform. Copper demand and prices will be supported by strong power grid investment and falling mine ore grades in the coming years. Primarily used in power grid construction, the outlook for this sector remains strong. China accounts for approximately 50% of copper consumption, and although we expect demand to slow in the coming years compared with the previous decade, consumption growth will be faster than that of pure-construction metals like steel and iron ore. https://www.miningreview.com/industry-trend-analysis-metals-mining-mega-trends-2050/

Thanks for teaching sparkless

13:05 12 Apr 2018 http://www.proactiveinvestors.co.uk/companies/stocktube/9058/african-battery-metals-extends-auger-programme-at-kisinka-9058.html

As our discussions progress in Africa, the Directors remain confident that we will be in a position to recommend Mila's first transaction in the near future. While we continue to be thorough in adherence to our evaluation process, the Board remains committed to the strict financial discipline and protocols which have been adopted thus far and which have ensured that 80% of our cash resources have been preserved for future targeted project identification and evaluation.

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