Member Info for Fingersxed

I am not overstating it when I say that securing supplies of critical raw materials is a strategic security question for Europe. I would say it is now or never.
https://ec.europa.eu/commission/presscorner/detail/en/SPEECH_22_1315

Maroš Šefcovic????@MarosSefcovic·8h#EUBatteryAlliance:
Set to meet close to 90% of the domestic demand for #batteries by 2030. It means enough batteries for up to 11M cars per year, cementing our ?? position in e-mobility.
Now we must scale-?? our primary and secondary #rawmaterials industry. It's now or never??

Defo , Maros knows more than us . " By 2030, we should be manufacturing enough batteries each year to power some 11 million electric cars. " With what Lithium ?
Priority areas for action in 2022 :
Continued diversification of sources of battery raw materials through cooperation with trade partner countries rich in minerals;
Streamlining permitting procedures for battery raw material projects in Member States, in line with highest environmental standards;
https://twitter.com/EU_Commission/status/1496532481461436418

https://stockhead.com.au/resources/eye-on-lithium-the-pentagon-is-boosting-the-lithium-stockpiles-it-manages-for-the-us-government/
Lithium pricing about to explode .

Lithium CNY/T $447,500.00 yuan 0.00 0.00% 7.96% 21.77% 562.96%
$70,716.33 usd per tonne
https://tradingeconomics.com/commodities

Thanks Ant and Sid : https://seekingalpha.com/article/4488947-february-2022-lithium-miners-news?mailingid=26787499&messageid=2850&serial=26787499.6883&utm_campaign=rta-author-article&utm_medium=email&utm_source=seeking_alpha&utm_term=26787499.6883

Will let you know when I speak to Infinty

Thanks Sivad , I recently had a chat to the CEO of European Lithium , to try and catch up on Lithium news , offtakes and politics in Europe etc , He knows KC well and they apparently keep in touch . He was completely sympathetic to our ( EMH ) delays and understands why and how immensely , as they have had delays and lost time lines as well , the market according to him is very political and tricky and hard to get things done on time ie dorsner anzaplan whom works for us is also working for EUR and many others . Ie there is a lack of Li specialists in Europe for any part of the value chain . I did not own any EUR B4 we had the conversation but I do now as of last week , he was convincing in supplying a great DFS by 31st March this year and was convincing on offtakes soon after and are not the same customers as we are chasing at EMH , he suggested they just dont have enough material for the ones we are chasing , which makes sense . He thinks he will sell all the production sold forward for 10 years with a slight discount to market rates for doing so . And One year prepaid . If EUR can succeed on this in the next month or two it will rub off on EMH , I particularly liked The market rates for offtakes . My next call will be to infinity and try and catch up with gossip there .

My top pick of the five major European lithium juniors would be European Metals Holdings due to its massive resource size and favorable economics due to very valuable tin and lithium products and current prices. My next top picks would be Savannah Resources and European Lithium, however Infinity Lithium also has some appeal.

PFS update rerates European Metal’s Cinovec Lithium/Tin Project
https://www.marketindex.com.au/news/pfs-update-rerates-european-metals-cinovec-lithium-tin-project

https://seekingalpha.com/article/4488796-european-junior-lithium-miners-consider?mailingid=26781803&messageid=2850&serial=26781803.6837&utm_campaign=rta-author-article&utm_medium=email&utm_source=seeking_alpha&utm_term=26781803.6837

I for the life of me do not understand VW any longer . The nuff nuffs are buying " Volkswagen Likely to Acquire Huawei's Autonomous Driving Unit in Billion-Dollar Deal " Lol DONT they understand without a gauaranteed Litium supply , they will HAVE NO vehicles to autonomise .
https://www.news18.com/news/auto/volkswagen-likely-to-acquire-huaweis-autonomous-driving-unit-in-billion-dollar-deal-4788689.html

https://www.afr.com/companies/mining/how-australia-s-lithium-miners-hope-to-play-in-wary-europe-s-backyard-20220211-p59vvf

https://youtu.be/T7kdFtnouwA

https://www.mining.com/lithium-prices-rise-on-tight-supply-strong-china-demand/
Fastmarkets’ price assessment for lithium carbonate, 99.5% Li2CO3 min, battery grade, spot price was 440,000-470,000 yuan ($69,408-74,140) per tonne on Thursday, compared to 400,000-430,000 yuan ($63,191-67,930) per tonne a week earlier.

https://www.reuters.com/world/us/exclusive-pentagon-boost-rare-earths-lithium-stockpiles-sources-2022-02-18/

$100,000 a tonne prediction is getting closer evey day

Yes green , spot as apposed to contract , however , the major sellers , SQM , Albermarle etc wont let us in on any new contract prices and that is if they are able to create new contracts at all , two year ago all the majors had forward sold all their lithium supplies 5 years forward . Any new offtakes ie Vulcan etc have been at market so is this not spot price ? The problem is , what is market price , could it be LME : https://www.lme.com/en/metals/ev/about-lithium which is $56 odd thousand a tonne . I recently spoke to another up and comer in Europe and they are offering 7 % discount to market for life of mine offtake , with such a huge supply deficit , the market price will be closer to that spot price than you think . The offtakers are shooting themselves and are panicking about price hence why I do not think we have seen any real new offtake agreements , the dam is building I believe and the pressure is about to burst , once we see one offtake ( contractural ) with a price figure closer to spot , the whole market will change sentiment in the sellers favor . And Lithium boom 3 will begin in earnest .

At That Carbonate price Cinvec is sitting on $525 billion ( USD ) of Lithium and a second block that may have just as much if not more and we only have a $128 ( USD ) market cap

High price Li Carb at $74,269.55 usd and the stock markets being manipulated by the big boys on all Li stocks , how can Li price go up and lithium stocks retrace by 20 to 40 % something very , very awry , definitely the bot dictating things on the ASX , we are currently getting slaughtered by them .
https://twitter.com/home?lang=en

Maybe some noise about lithium supply too ?
https://auto.economictimes.indiatimes.com/news/passenger-vehicle/cars/volkswagen-works-council-sees-q1-decision-on-new-wolfsburg-plant/89616748

Lithium supply crunch Part II, this time it's for real

https://auto.economictimes.indiatimes.com/news/auto-components/lithium-supply-crunch-part-ii-this-time-its-for-real/89598129