The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Fast Market Venue Howard Klein duscussion .
https://investingnews.com/howard-klein-lithium-market-forecast/
Almost 50% more battery electric vehicles. We continued our transformation to electric mobility in the first half year.
https://twitter.com/VWGroup/status/1679778914300772353/photo/1
They will need to find their lithium a little faster I think .
Leftos , whispers at 60 k tonnes a year .
Ghin , you may need to dilute a little : Options 17,489,500 & Heads : Shares 185,404,485 Total 202,893,985 .
But even so my spreadsheet takes out EMH income tax at 30% and then we would probaly only dividend 70% but my figure for dividend is actually $2.14 aud a share and off course at 60,000 tonnes it will be $4.30 a share dividend . And all that based on production cost of $10,000 a tonne not the 5 or 6 they are suggesting .
The "Mladá" brownfield is already ready for the construction of the gigafactory, with an extremely advantageous location and area, halfway between the car factories in Kolín and Mladá Boleslav, free of ecological burden and ready for practically immediate implementation.
https://twitter.com/PVintir/status/1679179075653451793
In this scenario, miners would be the big winners: million-dollar deals with car companies ensure them huge profits and make it easy for them to borrow money or sell shares.
“I don’t think it’s a risky strategy. I think it’s a necessary strategy.”
https://nationworldnews.com/automotive-companies-negotiate-directly-with-mining-companies-to-obtain-lithium/
France upbeat on attracting major Tesla investment - finance minister says
https://auto.economictimes.indiatimes.com/news/industry/france-upbeat-on-attracting-major-tesla-investment-finance-minister-says/101622474?utm_source=Mailer&utm_medium=newsletter&utm_campaign=etauto_news_2023-07-10&dt=2023-07-10&em=cmhvbG1lczIwMTBAZ21haWwuY29t
And where will their lithium come from , stay tuned on this one ?
Chinese storm' looming over Europe's EV sector, Renault chairman warns
https://europe.autonews.com/automakers/chinese-storm-looming-over-europes-ev-sector-renault-chairman-warns
They will eventually be fighting over our Lithium in Europe .
Through its subsidiary PowerCo, Volkswagen is investing $100m in the deal “as a prepayment for future nickel supplied by the mines”, the Financial Times said.
https://www.mining-technology.com/news/volkswagen-stellantis-acg-mining-acquisition/
Mmmm how much can you read into this , Lets say we end up with 3 customers , prepayment $100 mil each
Mmm interesting :
Prepayment : $300
EIB : $500
Just Fund : $50
Other EU Cash : $150
ERBD : $100
Mmmm I smell excess cash to build , No more shares for EMH to dish out ?
EU’s Transition to Green Economy:
o The EU Critical Raw Materials (CRM) Act, has been adopted by the EU
Commission in March 2023. The legislation aims to make the EU more self-reliant
on mining including Nickel, Copper, Cobalt and Lithium2.
o The EU Green Deal recently adopted also aims to allocate €1 Trillion of Funding
to combat Climate Change and €40B to transition fossil fuels to green energy,
which would including investments in Nickel, Copper, Cobalt and Lithium3.
The projects are exceptionally well located, almost on the doorsteps of 27 lithium battery
“Gigafactories” in Europe planned for 2030. Ransko and Otov are within a c.500km radius
of these Gigafactories and there is also potential for Volkswagen (VW) (and Czech based
subsidiary Skoda Auto) to build a Gigafactory within the Czech Republic”.
https://announcements.asx.com.au/asxpdf/20230704/pdf/05r8w6bm3mvbxj.pdf
EIB loosening their purse strings :
Europe’s first anode plant nears construction as EIB agrees €150 million Talga loan
Mmmm , I suspect they will be pushing for this type of dividend from Geomet in our production years .
"a dividend in the total amount of CZK 78 billion will be paid, which corresponds to 100% of the adjusted consolidated net profit of ČEZ for the year 2022."
Some one is in Europe . There might be Skelly .
BHP says battery electric cheaper than hydrogen as it dumps diesel for haul trucks
https://thedriven.io/2023/06/23/bhp-says-battery-electric-cheaper-than-hydrogen-as-it-dumps-diesel-for-haul-trucks/
It will be $1.00 by end of next week in oz and $2.00 the week after sharealot .
Lithium producers warn global supplies may not meet electric vehicle demand
https://www.reuters.com/markets/commodities/lithium-producers-warn-global-supplies-may-not-meet-electric-vehicle-demand-2023-06-22/
VW admitting they will purchase some of their Lithium from Europe ?
The raw material will not come out of Europe only.
https://au.finance.yahoo.com/news/volkswagen-ev-battery-effort-keeps-100007640.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAADzdBh5N6my5o-4Ya8ZMvrEvtK3JnvEBB-YSv5klYjhF0qh6yDFRx99R03XkVHtzXu1yOIilCWQQskhskTNeVAHSjZLLL3Pe4jrTOjVL9DnRzUMek1xdPIuiotJj-88gKpxVH2R2DPCT87y28UEPaTzZM61dqjgelRx8JWym_nT7
Q&A with Keith Coughlan of European Metals
https://www.sharecafe.com.au/2023/06/22/qa-with-keith-coughlan-of-european-metals-asxemh/
Https://twitter.com/P_Fiala/status/1671593600130375697
The committee is being created because we need a tool that will allow us to build a highway network, high-speed rail, new power plants, quality schools, apartments or even a gigafactory.