The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Plenty going on at Dev still.
Today:
DEV Mineração was pleased to welcome business partner Ashley Global Shipping to the port.
In addition to being able to count on the partnership in the ore operations, maintaining a good relationship with peers is fundamental for both parties.
In this way, the work flows efficiently and transparently in what needs to be done together.
Subject: Batteries for electric vehicle manufacturing
Witness(es): Simon Moores, Chief Executive, Benchmark Mineral Intelligence; Jeff Townsend, Founder, Critical Minerals Association; Jeremy Wrathall, Founder and Chief Executive, Cornish Lithium Limited; Paul Lusty, Director, UK Critical Minerals Intelligence Centre
https://parliamentlive.tv/event/index/1fda7dd6-d73a-4794-ad83-9cadf11b8bef
The tweet reads:
Turner Caldwell, who spoke today at Tesla's Li Refinery Ground-breaking today, also worked on Tesla's lithium clay extraction process.
There was also talk of using refining recycled material today.
These processes use similar skillsets: Refining, Recycling, Lithium from Clay.
Lithium from clay…
https://twitter.com/limitingthe/status/1655681654764056579
@Zoom56 I think the main benefit financially would come from directly shipping the stockpiles from our own port, use the investors money to pay off the banks and fix up the port and use the capesize vessels instead of the handys and then the stockpile becomes much more valuable so a win win for the investor and the banks.
@Jimb2 exactly right huge potential and likely to be a lot of interest, not to mention the green hydrogen plant being viable due to the cheap hydro power.
The possibility of a green steel plant in the region is still a massive plus for our new investment partner if they have deep enough pockets. Improvements to make DRI grades would be a game changer for the project and it’s green credentials perhaps even lowering the cost of financing by taking advantage of green loans etc.
Stage 1 Ambient Noise Tomography Survey (ANT)
ANT is a new geophysical technique created by Fleet Space Technologies.
In May of 2022, the technique was trialled by Core Lithium at its BP33 prospect which had already been drill tested and therefore the deposit already identified. On 1 August 2022, Core reported “BP33 drilling delivers outstanding results” and that the ANT survey undertaken successfully imaged pegmatite to 500m depth.
EverGreen deployed 338 ANT nodes and undertook surveys at 4 separate areas within its Bynoe project with a view to enhancing and correlating existing geochemical targets and identifying new exploration targets. 108 of the nodes were deployed in the Southern Survey area effectively extending Core Lithium’s earlier ANT program that resulted in “an outstanding success” at BP33.
I have plenty of time personally we are still in the early innings of the lithium demand J curve.
Expecting good things from EG1 especially and I think EMH and Sonora will come good in the next year or two. A deal will be done on Amapa to unlock value at the right time. HAS have offtakes so just a case of bringing it to production and letting the profits do the talking, I don't think the deal with Wyloo was the best and partly the reason for the sell off but there is a general malaise across all resource stocks, EG1 being the best IPO of the year so far on the ASX, the tide will turn.
You certainly seem to be part of the dump crew Dallas.
Try since listing then +25% and given the shares were issued at 20 cents it's almost 100% up
https://www.google.com/finance/quote/EG1:ASX?window=YTD
The thing that’s overlooked is that law gives us + Ganfeng a virtual monopoly on Mexican lithium in private hands surely they’ve made our project more valuable by doing so. Market has proved it as being worth less than zero though.
Our holding in Evergreen has gone from ÂŁ1.8m to ÂŁ4.88m in a few days so quite a boost to KDNC assets even if the SP doesn't yet reflect it.
http://irservices.netbuilder.com/ir/cadence/newsArticle.php?ST=REM&id=311428232050528466
https://www.wsj.com/articles/net-zero-will-mean-a-mining-boom-electric-cars-minerals-oil-fossil-fuels-climate-change-policy-cb8d5137
California made a stunning decision last year—that by 2035 all new cars sold in the state must have at least 2½ times as much copper as conventional cars today. That’s not literally what the mandate said, of course, but it’s the practical effect of ordering all cars to be electric in the next 12 years. “Big Shovel” will compete with “Big Oil” as mining ramps up to supply the vast increase in a wide range of minerals that energy transition requires. But getting everything that will be needed will be tough.
The drive toward energy transition will increase demand for lithium, cobalt and other minerals many times over. An offshore wind project uses nine times the minerals of a natural-gas-fired power plant of the same generating capacity.
#KDNC - CEO Kiran Morzaria discusses Evergreen Lithium #EG1 successful ASX IPO, where its share price has rallied by 50%.
Cadence holds 8.74% of Evergreen and is the largest shareholder.
Evergreen's Byone Lithium Project adjacent to @CoreLithium mine
https://twitter.com/CadenceMinerals/status/1646522139288420355