Member Info for Fingersxed

Here's what's in the bipartisan infrastructure bill in USA just passed :
Electric vehicles
The bill would provide $7.5 billion for zero- and low-emission buses and ferries, aiming to deliver thousands of electric school buses to districts across the country, according to the White House.
Another $7.5 billion would go to building a nationwide network of plug-in electric vehicle chargers, according to the bill text.

In Aus TODAY , whole Lithium market up , looks to continue tomorrow
Last Price (AUD)
$1.480
Today's Change
Up$0.150 (11.28%)

Global electric car sales for Sept. 2021 - Up 98% YoY, a record 10.2% share. China sales up 171% YoY to 20% share. Europe sales up 42% YoY to 23% share.

https://seekingalpha.com/article/4464874-ev-company-news-for-the-month-of-october-2021?mail_subject=matt-bohlsen-ev-company-news-for-the-month-of-october-2021&utm_campaign=rta-author-article&utm_content=link-0&utm_medium=email&utm_source=seeking_alpha

Interesting article for future futre demand : "Private-vehicle sales value pools are expected to continue growing and could as much as double or even triple their current amount over the next decade."
https://www.mckinsey.com/featured-insights/future-of-asia/asias-consumers-on-the-move-the-future-of-mobility

Now 150,000 EV's
https://www.drive.com.au/news/uber-pushes-hertz-tesla-deal-to-150000-cars/

This will kick start EV's in USA
https://auto.economictimes.indiatimes.com/news/industry/u-s-house-plan-would-give-electric-vehicles-big-boost/87386917

UK CALLS LAST ORDERS ON COMBUSTION ENGINE, BUT NEEDS TO SPEND $20BN ON FOUR EV BATTERY GIGAFACTORIES BY 2027 – BENCHMARK COMMENT
23rd November 2020 UK
By Simon Moores, Managing Director, Benchmark Mineral Intelligence

The UK has placed electric vehicles (EV) and lithium ion batteries at the heart of a new “Ten Point Plan for a Green Industrial Revolution” and with it announced intentions to ban new sales of the internal combustion engine by 2030.

This aggressive move on climate change is setting the tone for COP26 in Glasgow next year, but the lack of progress on a mass-scale, commercial battery industrialisation plan risks the collapse of a major pillar in Prime Minister Boris Johnson's UK decarbonisation plan.

EVs have lithium booming — and this time, there is no bust in sight
https://www.afr.com/markets/commodities/evs-have-lithium-booming-and-this-time-there-is-no-bust-in-sight-20211028-p593tb

https://youtu.be/U0_Rh-tHXtM

Lithium prices were up strongly again the past month. Lithium market 'desperately short', says bullish Brinsden. BMI - Prices may head to US$40,000/t.
https://seekingalpha.com/article/4462160-lithium-miners-news-for-the-month-of-october-2021?mail_subject=matt-bohlsen-lithium-miners-news-for-the-month-of-october-2021&utm_campaign=rta-author-article&utm_content=link-0&utm_medium=email&utm_source=seeking_alpha

Hearing #PilbaraMinerals auction has just closed with $2350/t as highest bid. Just over $100 higher than last month's price. A slightly milder rise than some had been anticipating, but still takes the crown for the most expensive cargo of #spodumene ever sold!
https://twitter.com/PHmetals/status/1452894960231993346

For Benchmark Mineral Intelligence, there’s little potential for downside in pricing.
https://investingnews.com/daily/resource-investing/battery-metals-investing/lithium-investing/lithium-market-update/

https://www.abc.net.au/news/2021-10-26/asx-tesla-hertz-wall-street-markets/100567976

UK’s first ‘gigafactory’ set for huge expansion
https://www.ft.com/content/e02b9c29-85c7-4e61-ac18-49a64d7beb1d
100,000 Tesla order from Hertz
Tesla hits $US1 trillion on Hertz bulk electric vehicle order, pushing Wall Street higher

Rio Tinto says 60 Jadar mines wouldn’t fill looming lithium gap

AND EMH WILL BE ONE OF THEM

https://www.mining.com/rio-tinto-says-60-jadar-mines-wouldnt-fill-looming-lithium-gap/

Indian electric vehicle firms running low on Lithium-ion batteries
https://auto.economictimes.indiatimes.com/news/auto-components/indian-electric-vehicle-firms-running-low-on-lithium-ion-batteries/87216936
Electrified cars hit almost a fifth of EU Q3 vehicle sales
https://auto.economictimes.indiatimes.com/news/industry/electrified-cars-hit-almost-a-fifth-of-eu-q3-vehicle-sales/87206205

Brinsden sees no end in sight to lithium run
https://www.resourcesrisingstars.com.au/news-article/brinsden-sees-no-end-sight-lithium-run

Lithium prices surge to fresh highs
https://www.mining-journal.com/research/news/1419700/lithium-prices-surge-to-fresh-highs

Totally agree Arnaud , if we get two offtakes , with one year prepiad , we may not need to raise or very little for capex . The difference i have with you , in the next six months news flow , increasing price of Tin and Li and and offtake in bag our raise if it were required would be somewhere north of $7.50 a share ie 4 pound .

arnaud what price was your assumed cap raise for capex ?