Member Info for Fingersxed

yes and only 136,144 shares for sale on our market starting 24 p to 28 p ( 9 sellers ) Should be news fest for the next couple of months .

https://insideevs.com/lithium-market-struggle-meet-demand-through-2025/

Some thing is definitely brewing

https://www.smh.com.au/business/markets/forget-tesla-oil-faces-a-much-bigger-threat-20181024-p50bjg.html

https://electrek.co/2018/10/22/northvolt-battery-module-factory-europe/

These are the only shares for sale on ASX 78,144 shares as per below

11,998 at 0.440
1,700 at 0.46
5,446 at 0.465
10,000 at 0.47
16,000 at 0.48
2,000 at 0.49
16,000 at 0.505
15,000 at 0.69

https://www.fxstreet.cz/zpravodajstvi-99342.html

Memorandum of Lithium Extraction at Cínovka
Last year, the Czech government signed a memorandum on lithium mining at Cínovka with European Metals Holdings very shortly before the election. The document then became a major target of criticism, especially from the ANO and KSČM movements. Then the situation subsided. This month, the Czech Republic has denounced the memorandum. Prime Minister Andrej Babiš described him at the same time as totally meaningless and invalid. The possibility of lithium mining in the Czech Republic was one of the key issues ahead of last year's parliamentary elections. However, European Metals Holdings now has the preferential right to mining and subsequent mining preparation at Cínovce.

The likes of Morgan Stanley, Macquarie and RBC all published some form of misguided lithium reports that caused many investors to panic. RBC called for > 67K MT of LCE in their 2018 ramp-up assumption (details can be found in my 1/12/2018 post entitled: “Lithium Past, Present, and Future”). In fact, of the 67K MT RBC projected less than 15K MT of lithium chemicals will enter the market in 2018. While the “tsunami” of lithium chemical supply from Oz hard rock converted in China didn’t happen; an increase in mostly low quality Qinghai brine caused China spot price trend down month in and month out. Rather than focusing on the fact that prices outside of China for both carbonate and hydroxide remain strong – on average above what I call the “new normal” of $12-14/kg for carbonate; investors girded their loins for Morgan Stanley’s call of a coming return to global average pricing in the mid to upper single digits. Spoiler alert: that is not going to happen. Why not? The industry cost curve will not support $7/kg lithium carbonate pricing even if spodumene prices drop substantially (30 to 40%) in the coming years. Converters have to make a profit. VAT on China exports still has to be paid. The long term price has to support continued capacity investments.

On the positive side of the lithium equation it is pretty simple:

Electrification of transportation is clearly becoming a global phenomenon; as is energy storage (ESS) for renewables and grid management. In the coming five to seven years, lithium supply is more likely to hold back EV penetration growth than to get ahead of the market. Take the projected demand for cars in 2023, and even a 6% EV penetration with an average 40 KWH battery (low in my estimation) run through the numbers using 0.8 LCE per KWH. Or make your own assumptions – with any credible estimates you are going to get a number that will be hard for the industry to respond to – especially with battery quality materials. Add on the fact that ESS is happening faster than almost anyone thought and it becomes obvious the lithium demand story just keeps getting better.

These are the only shares for sale on ASX 123,628 shares as per below

19,762 at 0.410
500 at 0.44
50,000 at 0.44
2,220 at 0.45
1,700 at 0.46
5,446 at 0.465
10,000 at 0.47
16,000 at 0.48
2,000 at 0.49
16,000 at 0.505

Skelly Revised PFS with Hydroxide will be next apparently very close , and also hydroxide test works and mining permit

The run is on , get them while you can , news out maybe end of week .

49 p on its way

Highest volume trade day in 12 months , Substantial buys 50,000 , 100,000 100,000 parcels

Hey Allan , I think KC is subliminally telling us something here , If the market wont react to that post , Blimey you poms are too daft .

We have to have international brokers , the paper work is extremely onerous , I have had three attempts at creating one , but there is so much paper work it is hard to do , its all about money laundering and the like . I run my shares in a sole director company , and they want all the board documents etc , and i don't have a board , crying shame really because there is often some juicy arbatrage between AIM and ASX . But I assure you , with a little news , as the sell side is so thin , we only have 14 sellers of a total of 146,652 shares all the way to max 28 p . Any news that the market takes to here we will go 50 p in a swoosh . And honestly I would not see a retrace after that , and would only go further north , and for the fact the free float is so week here , only 15 million shares , you guys have twice as many

Ummm , I think I said yesterday that Ford may no exist .

http://www.thedrive.com/news/24300/report-volkswagen-and-ford-partnership-could-result-in-merger

We are gong to make sh...t loads , at cost of production $3,500 lets say four not to be greedy at PFS figures of now 25,000 tonne that's nigh on $400 million a year and double that when we do our DFS . AND The stupid market prices us at $38 million USD , absolutely crazy .

The August 2018 assessment of Benchmark Minerals’ Lithium Hydroxide, China EXW, 55% min LiOH, stood at a midpoint average of $19,500/tonne. This has fallen 15% from a 2018 high of $23,000/tonne in March 2018.

Part of the reason in Australia , is that our spread is so far apart none of the online brokers will accept any buy order to the sell side ( at the moment 40 cents ) , it was tested by a few of us whom all had their orders rejected .

Chnese Qualityy has grown much better in the last five years , even to a point in discussion with a medical supply company I have shares in , they have now moved all their production to China , where as they could not take the risk five years ago .

MY theory earache , is that China will become the worlds vehicle manufacturer , I do not think , Ford or GMH will be the super powers they were in the vehicle industry , I believe Trump agrees ( not just cars ) hence the tariff war . one chinese car manufacturer pumps out almost 1 car per minute , seen the video myself on a brokers mobile phone . Australia does not make any cars any more , already they closed a year ago , all of them . Toyota , Ford , GMH and Nissan . China is also building a nuclear power plant per month for electricity .

extremely cheap interest rate loan Sid