Plug and play
https://x.com/AlkemyCapital/status/1747976070140244366?s=20
All I can say is it better be worth the wait! lol
Think holders are just getting spooked now given the price action and lack on commentary from the company.
An Investor Webinar from Anthony with shareholders would be a good idea during these times IMO
Haha very true! I guess I mean in the smallcap minnow arena.
I think it would build in a huge way, given Mezz finance validates the whole proposition and allows the market to start validation the full potential. Broker has a 1530p target price which is 85% discounted(!).
I see this one going mainstream media when its financed as its a great UK story but trying not to allow myself to dream big until that day comes, AIM is a funny old beast but will happily over value a stock thats in the mainstream limelight.
In Paul we trust.. nice that its signposted in the short term
Wondering what peoples price targets are if/when it lands... In a good market probably north of £10 but in this market I have to temper expectation probably something like £3-5. It will be a huge milestone for the company and would surely mark the start of a huge move here.
Reads very well to me! Nice to hear there is huge and growing demand for Lithium processing in Europe despite downturn in Lithium prices
Come on Anthony, stop keeping shareholders in the dark. May last year you started the partnership process and there has been 0 since despite missing September deadline. "progressing well" doesnt really cut the mustard
Https://x.com/AlkemyCapital/status/1747173474232148229?s=20
I guess this demonstrates that there are huge amounts available in green bond funding in this space!
Think there will be a lot of newsflow incoming this Q and the noise looks to have moved on / been locked out ;)
Should be imminently
Using the mean of the figures provided being 97,500 Oz at an AISC of $1150 this delivers an EBITDA of $88,140,000 versus a current market cap of £87.91m.
The High grade shallow drill results a huge positive around Segilola
PFS still due Q1 which is a huge catalysts
Looks like the seller here was just clueless retail luckily... today's rns should reassure
The obvious places to look are the small pockets of Chile and Australia untouched by China—but those are becoming increasingly restricted, too.
This is just getting started.
And is setting up for a sizeable opportunity.
Regards,
Marin Katusa and the Special Situations Team
And even after nationalizing its own new lithium supply, Chile let China make a $250M investment to set up a lithium plant inside Chile.
Bolivia has the largest resource of lithium in the world, but it has had difficulty producing any.
So CATL, China’s battery manufacturing giant, gave it $1 billion—just for infrastructure development around lithium projects.
Not even Australia has retained the ability to freely mine, refine, and sell its own lithium: China also directly purchased a stake in Greenbushes, the largest lithium mine in Australia.
But it’s not just where lithium is now—China is even going to where lithium will be in the future.
In early 2023, Africa’s first Chinese-owned lithium plant started up initial production in Zimbabwe.
Namibia is the next country on the take-over list, with Chinese exploration companies already having mined raw lithium and shipped it back to China.
Out of the eleven major lithium products in Africa, seven are backed by China—and two are undecided.
The story is the same anywhere you go:
“It’s not so much fear of the Chinese getting there first. They are there first. It’s already happened.”
–Critical Metals executive director Russell Fryer
China flexing its lithium muscle is not a matter of if, but when.
China’s Ore War
In mid-2023, China surprisingly decided to limit exports of graphite, another key battery material.
China, of course, refines more than 90% of the world’s graphite, and Chinese graphite is in nearly every EV battery in the world. It has complete control over the flow of the metal.
The decision wasn’t surprising—only the speed with which China moved.
"This bold and unexpected move by China… has taken us by surprise, arriving far sooner than anyone could have predicted."
–Kien Huynh, chief commercial officer at Alkemy Capital Investments
If graphite can’t be used in an EV battery, it takes nearly twice as much lithium.
The move was a warning to all global car manufacturers: China intends to slowly squeeze the supply of vital EV metals.
It’s Only A Matter Of Time Until China Tightens Its Fist On Lithium
“Right now, if China decided to cut off the U.S… we’re in trouble.”
–Ben Steinberg, former Obama administration official
Which is why demand for North American lithium is skyrocketing.
The United States is projected to need 40x more domestic lithium in six years than it does today.
And EV manufacturers are quickly realizing that they will need to procure subsidy-safe, non-China lithium for themselves.
“They are going to have to start buying 25 percent of these mines if they want to guarantee supply.”
–Simon Moores, Benchmark Mineral Intelligence
With the global lithium supply under a Chinese lockdown, U.S. EV manufacturers are finally moving to secure supply.
The obvious places to look are the small pockets of Chile and Australia untouched by China—but those are bec
Dear Reader,
Four years ago, a Tesla Model 3 was $10,000 more than the average new car in the U.S. That made it a difficult decision for new-car buyers.
Today, an improved Tesla Model 3 is $5,000 less than the average new car in the U.S.
And on January 1 this year, the $7,500 tax credit for EVs will change to a simple discount—making it effectively a coupon on the car’s price.
In total, that makes a new Tesla 25% cheaper than the average new U.S. car.
It also makes the U.S. the next big EV market.
The EV market has been predominantly driven by China, where market penetration surged from 5.7% in 2020 to 33% by 2023.
That incredible move was due almost entirely to subsidies that put EVs at price parity with gas cars.
Now, the United States is in exactly the same position as China in 2020: just over 5% market penetration… and targeting 50% within six years.
2023 was the inflection point. It was the first year more than one million EVs were sold in the U.S.—with more than 1.3 million EVs sold.
And the next two years are set to take it to 30% EV penetration.
Which is why the Inflation Reduction Act (IRA) introduced massive EV subsidies. The $7,500 is the most famous one, but there are others that really matter to car manufacturers like Tesla.
If Tesla hits its target of 1.5TWh of battery production in 2030, IRA credits are worth more than $60 billion a year.
Tesla is extremely confident that they will be able to capture all those incentives, making them one of the lowest-cost manufacturers.
The problem is that those incentives come with one giant string attached: the lithium cannot be extracted or processed by a “foreign entity of concern.”
In other words, NO CHINESE LITHIUM.
The only problem is that China has its hands in nearly every pot of lithium in the world.
It’s China All the Way Down
China is the third-largest producer of lithium in the world, but a distant third when it comes to lithium reserves, at only 15%.
So in the late 2010s, it began scouring the globe, snapping up any lithium mine that would take its money.
Other than China, there are really only two places in the world with producing mines: Australia, and the so-called Lithium Triangle, which contains Chile, Bolivia, and Argentina.
Chile, with the world’s largest lithium reserves, was an obvious first target.
During the last lithium cycle—from 2016-2018—China purchased a $4B stake in SQM, Chile’s lithium mining giant.
And almost more importantly is involved in the management and at the board level of SQM.
That makes Ford and Toyota, which both have lithium supply agreements with SQM, ineligible for credits on their EVs.
It was a shrewd purchase, as SQM purchased a 50% stake in an Australian lithium mine in late 2023.
That both gave China access to the largest resource of lithium in the world, AND removed access from U.S. manufacturers.
And even after nationalizing its own new lithium
Https://x.com/DavidBurton1971/status/1745364248195117164?s=20
Segun always comes across well. I think some of the recent price weakness is due to one seller that should be now near on fumes.
Hopefully we get a nice update soon which will reassure holders on all fronts.
One thing for sure here is SP woefully oversold. Gold price over $2k...
Under Outlook
"· Completion of the Douta resource update in Q4 2023"
Also agree with Sirius, numerous interviews outlining updates before end of 2023 also
Read that and it seems the usual hogwasg to grab a headline...
"But Dr Edward Brightman, lecturer in chemical engineering at the University of Strathclyde, said the tech would need to be "treated with a bit of caution".
"It could throw up spurious results, or results that look good at first, and then turn out to either be a material that is known or that can't be synthesised in the lab," he said.