Member Info for Fingersxed

EU membership is of a vital importance for the Czech Republic, whose departure would mean a catastrophe, PM Andrej Babis said in a lecture at the University of Economics (VSE) on Thursday http://www.praguemonitor.com/2018/05/11/babi%C5%A1-says-eu-membership-vital-importance-czechs

We welcome one new player into the top forty , sadly 1 has also disappeared but may still own lower down the ranks of the registry , turn around maximum negative 200.000 shares . There were 5 whom increased holdings and six decreased holdings and 29 held the same from last report . Maximum increase was 250,000 shares and maximum decrease was 128,310 shares , over all there was an increase in top forty holding by 118,312 shares . Of the negatives a small amount of AIM and German shares came back to OZ . Notably BNP have been a net buyer . Top 50 own 90 % So it seems its the top forty/fifty are here for the long hall and it is only the mug punters that are selling .

http://praguemonitor.com/2018/05/09/ano-%C4%8Dssd-leaders-reach-coalition-agreement-acceptable-both

The US carmaker said many operators in China's ride-hailing market are looking to expand their fleets with electric vehicles. Citing statistics from Boston Consulting Group, it said the "e-hailing" market in China is expected to grow by 19 percent annually through 2022, with an overall fleet size potentially reaching up to 26 million. Just staggering quantities in China , or just a lazy million tonne of LI

You are all missing the point fellas , but thats because you are in England and don't see the sun , Us individuals wont need to pay for fuel with an EV as we will all be plugging into solar power which will eventually be mandated on all roof tops . We will charge our cars overnight as we do with our mobile phones . Who will want to pay for fuel if it is for free .

The future of solid-state batteries looks bright as electric car use grows amid tighter global environmental regulations. China eventually wants to have 80 million electric vehicles on the road, up from 650,000 in 2016, while Germany is aiming for 6 million vehicles, up from 70,000 in 2016. Japan hopes to increase the percentage of next-generation cars to between 20% and 30% of new vehicle sales by the end of 2030. The Chinese target of 80 million vehicles requires 3,200,000 tonnes of Lithium , where is it going to came from ?????????????????

Just had a thought LawrenceH , the business plan VW has for China has to reflect their business for Europe . China yearly cars sales aprox 25 million ( https://www.statista.com/statistics/233743/vehicle-sales-in-china/ ) , Europe 16 million ( https://www.best-selling-cars.com/europe/2017-full-year-europe-car-sales-per-eu-efta-country/ ) , based on this premise VW EV sales plan would be 60 % of the figures in my previous post for China or close to 3.5 million cars over the next 7 years at an average of 20,000 tonnes of Lithium per annum and this does not include all other car manufactures in Europe or other uses for Lithium batteries . Who are they going to call ?

Also to put into prospective LawrenceH , VW still has no guaranteed battery supply for Europe , the recent $45 billion order that has been reported is purely for Chinese use . Now lets estimate how many cars they bought batteries for . The aprox price per KWH at moment is aprox $200 and the average battery will have aprox 40KWH . Therefor $45 billion divide by $200 divide by 40 = 5,625,000 cars . In a recent article : In May, VW received green light from the government to set up a joint venture with the state owned Chinese automaker to make electric cars. The Wolfsburg, Germany-based company sold 2.5 million vehicles in China in the first 10 months. VW has previously said it plans to sell 400,000 units of new-energy vehicles a year by 2020 and increase that number to 1.5 million by 2025. Ok from that we can conclude 2020 year 400,000 vehicles , 2021 year 625,000 vehicles , 2022 year 850,000 vehicles , 2023 year 1,075,000 vehicles , 2024 year 1,300,000 vehicles and in 2025 year 1,525,000 vehicles . So if you add these years together that is a total of 5,775,000 vehicles over the ensuing years which is aprox equivalent to the purchase order just placed with the battery manufacturers in China . Ps I am out by 150,000 EV's https://www.thenational.ae/business/technology/vw-to-put-10bn-into-china-electric-cars-push-1.676167

Morning LawrenceH , I totally agree with you , my figures are based on the current facts of battery producers in Europe right at the moment , the producers came from a presentation of Plymouth Minerals , their preso did not include Bosch or HD3A which I included , so there could be more . I do not believe these will be the only ones that will produce batteries in the future . Skoda comes to mind that is not on the list . VW maybe ? Considering VW want to be building 3,000,000 electric vehicles in Europe in the future which is 120,000 tonnes of lithium alone , I also see a greater demand for Lithium in the future as well . It shows that at the moment there will not be enough capacity to make batteries in Europe to fulfill the demand that will take place there . Hence VW stating Europe will need 40 giga factories . More importantly , my post was trying to show that there are only three mines in Europe to serve the capacity of European's needs . This is an extremely important point . Europe will not want to be held ransom for the supply of Lithium in China ( they have already stated there will be no export of Lithium only batteries ) , ie what would happen if China decided to put an export tarrif on EV batteries . They could easily turn the car manufacturing industry on it's head and make European cars more expensive than Chinese cars . The European union are well aware of this and hope they get involved heavily to ensure the supply of Lithium internally . I also see that in the future that somewhere along the line EMH and Bacanora will eventually be merged / taken over , as I cannot see 2 X $500 million plants to produce Lithium on each side of the Czech/German border . Just no economic sense . Now if I was Rio Tinto , I would buy both companies , to create a monopoly on the Lithium supply in Europe . I am now even more bullish on EMH as ever having discovered there really is no alternative but to have these three mines up and running and the sooner the better .

The German automaker didn�t disclose any specific battery manufacturers for its contracts, but the usual suspects would be LG Chem, Samsung SDI, Panasonic, CATL, etc. Mmmm : LG Chem in Poland Samsung SDI in Austria and Hungry CATL to build in Europe Panasonic/Tesla to build in Europe Where in the hell are they going to get enough Lithium to build their batteries in Europe ? Keliber Lithium in Finland is Spodumene . Savanah Lithium in Portugal is Spodumene Plymouth Lithium in Spain is also currently Spodumene Wolfsberg Lithium in Austria is Spodumene . There is no current facility at all in Europe to convert Spodumene into Lithium and too expensive for the the above to make their mines economical , so when they ship to China it will be stay in China and be consumed in China . So we only have the other three mines that will vie for the supply of Lithium for European consumption . Leaves EMH , Bacanora and Rio Tinto to supply the battery factories in Europe . On good authority Telsla's gigafactory will consume aprox 35,000 tonnes . Northvolt 35,000 tonnes per annum Daimler 2,000 tonnes per annum Tesla 35,000 tonnes per annum Johnson Matthey ? LG 3,000 tonnes per annum Samsung 1 3,000 tonnes per annum Samsung 2 3,000 tonnes per annum Terra E / BMZ 35,000 tonnes per annum Saft / Total ? GSR Capital 3,000 tonnes per annum JLR/Ford JV ? A123 ? Kreisal Electric ? Accupower ? Bosch ? HD3A ? Lets assume 3,000 tonnes for all question marks , so we have a total of 143,000 tonnes of Lithium requirement at current moment forcast time . Now the three mines left will need to supply the above Rio is capable of at least 50,000 tonnes EMH will certainly double PFS to 40,000 tonnes and Bacanaro will have to pick up the slack 53,000 tonnes , but no chance . There just aint gonna be enough Lithium to go around in Europe . Who of the above will want to guarantee supply . Who are they going to call ?

http://www.mining.com/lithium-bears-wrong/

Following the change in leadership, VW under Herbert Diess is considering producing their own battery cells, according to German media reports. The company is analyzing �all options, including in-house production, Joint Ventures or the purchasing of other companies competencies�, said a spokesperson. https://www.electrive.com/2018/05/01/vw-considering-in-house-battery-cell-production/

"VW says it needs '40 gigafactories' for electric-car batteries by 2025." https://seekingalpha.com/article/4166868-lithium-miners-news-month-april-2018

https://www.pv-magazine.com/press-releases/bmz-group-announces-cooperation-with-hans-h-schive-in-norway/ https://www.bmz-group.com/Segmente/E-Mobility/DE_index_1819.html

Someone should tell them they can buy us for half the price . https://ipolitics.ca/2018/04/26/the-drilldown-china-slams-chile-for-blocking-5-billion-sale-of-shares-in-lithium-mine/

A lack of supply of the white material could hold up the production schedule of an entire industry. https://seekingalpha.com/article/4165613-lithium-prices-remain-strong-q1-2018

https://www.governmenteuropa.eu/electric-and-autonomous-vehicles-in-china/86855/ https://www.autocar.co.uk/car-news/motor-shows-beijing-motor-show/volkswagen-launches-electric-car-brand-sol-e20x-suv Impossible for VW to achieve EV goals in future without a guaranteed Lithium supply . Who are they going to call .

http://www.abc.net.au/news/2018-04-26/china-goes-electric-as-trade-tensions-reshape-auto-industry/9697974 Last year 24.7 million passenger cars were sold in China . Equivalent to close to a million tonnes of Li , if they were all electric .

CzechInvest , which is also responsible for attracting foreign investors to the Czech Republic. https://www.devdiscourse.com/Articl...and-hi-tech-companies/Europe and Central Asia

https://www.reuters.com/article/metals-lithium/chiles-sqm-says-lithium-industry-needs-at-least-10-bln-investment-over-10-yrs-idUSL3N1RV3LJ http://resourceworld.com/index.php/why-canaccord-is-still-bullish-on-lithium-equities/