Member Info for Fingersxed

Why lithium and rare earths are truly a bull market and the EV transition is just bull.
https://investorintel.com/markets/technology-metals/technology-metals-intel/why-lithium-and-rare-earths-are-truly-a-bull-market-and-the-ev-transition-is-just-bull/

Certainly getting some attention in USA
https://www.investorsobserver.com/news/stock-update/basic-materials-stocks-making-moves-wednesday-amyzf-emhlf-crecf-lbsr-zeus-zkin-orrcf-rfp
Oz

https://thedriven.io/2021/06/04/can-tesla-and-the-world-produce-enough-batteries-to-meet-ev-frenzy/

USA trading 80 p equivalent

I don't think so Ant , we will all just have to come to grips that each and every car will be $5 k dearer in the future it will become norm . House prices never seem to stop rising so will EV's all will become part of the inflation curve . People wont stop buying their cars .

The lithium shortage is already here
Lithium producers are cancelling volume commitments to some customers
Feedstock and chemical producers are accelerating expansions to meet demand
Today’s ASX news from ioneer, Lake Resources, Argosy Minerals and Magnis Energy Technologies
Many lithium producers are now sold out of excess inventory until the end of 2021, as appetite downstream from the battery industry continues to surge.

“Exceptional demand” from consumers to increase contracted lithium chemical volumes from suppliers remaining unfulfilled, market sources told Benchmark.

“Market participants reported to Benchmark that certain South American lithium producers had begun to renegotiate or cancel volume commitments to some customers, having overcommitted to contracts,” Benchmark says.

Lithium feedstock and chemical producers are accelerating expansions as a result of higher prices and improved earnings.

Dan1nat Uranium went from 29 a pound in July 05 to 134 a pound in July 2007 . I would expect a similar rise in 2 years with lithium . Lithium will not stay at current price levels for long . Could you imagine we could be selling hydroxide for $65,000 a tonne in years to come and that $45 a share would get dwarfed .

Dan1nat , i would expect a five bagger in next couple of months with an offtake or two . In five years I would really be expecting our share price well North of $45 a share ( AUD )

https://www.cnbc.com/video/2021/06/03/volkswagens-expansion-into-mining-a-game-changer-advisor-says.html

Yes ant I do . Pssssst Tesla !!!!!
https://www.electrive.com/2021/06/01/tesla-to-hand-in-third-application-for-gigafactory-4-this-week/

Tradegate opened 82 p . what pom slackers !!!!!!!!!!

Pssst Ant : Tesla

What's the chance Ant and Sid you guys can go up 10% above our close like the good old days . Our 10 minute auction on the bell was very strong , oz has another day tomorrow to keep going .

https://wise-owl.com/commentaries/rumours-of-new-battery-factory-64km-away-from-asx-emh/

Electric Vehicle Demand Already Creating Substantial Lithium Supply Issue
Lithium is running into a severe supply-demand situation. All thanks to electric vehicle (EV) demand growing much faster than anyone expected. “By 2030, the world will see 125 million EVs on the road, which will only drive further demand for lithium supply. In fact, “It is anticipated demand for vehicle battery metal will increase sharply over the next several years as automakers abandon internal combustion engines for EVs,” says Resource World.

890,051 shares traded today Oz Up$0.145 (10.78%)
Now come on poms a bteer effort tonight / today please yesterday was woeful .
We have only got aprox 4 human sell orders on our screen one at $1.49 and the next couple at $1.565 all the rest of the sells are BOT orders so only aprox 60,000 shares for sale

Rumours of New Battery Factory 64km away from ASX: EMH
European Metals Holdings Ltd (ASX: EMH; AIM: EMH; NASDAQ: ERPNF) is our third European battery metals investment.
We think we have found out why the EMH share price has been running the last couple of days.
EMH is developing the largest hard rock lithium resource in the EU at its Cínovec project in the Czech Republic.
We have come across some Czech news articles that look very promising for EMH investors.
KEY TAKEAWAY - According to local media, VW and EMH’s project partner CEZ are talking about building an electric vehicle battery factory in the Czech Republic - just 64km away from EMH’s lithium project.
Does this mean EMH is getting closer to a coveted offtake agreement?
An offtake agreement would be huge news for EMH, and would likely re-rate the stock.
We don't know if this will happen, but if your local project partner is planning a battery factory down the road, we think it's pretty likely they might seek to use their own lithium.
Europe is leading the global charge to switch to EVs with mandates for localised supply chains - we are investing in this thematic via companies that are developing large scale battery metal projects inside Europe.

I suspect that Tesla has a package deal for all his supplies and am suspicious Geomet Lithium is also soon . From Sithias on HC ; "Nothing too note-worthy, IMO. Keith hinted strongly at off-take with Skoda, mentioning the Czech Gov's priority to put "Czech lithium in Czech cars". He mentioned it's "key" to secure off-take some time in the next few months (which seems logical based on what we're seeing in the market' at a Perth Preso yesterday .
https://www.mining.com/tesla-eyes-over-1-billion-of-australian-minerals-a-year/
https://www.reuters.com/business/sustainable-business/tesla-buy-more-than-1-bln-australian-battery-minerals-year-2021-06-02/

Oz going to open $1.40 as predicted . ( 77 p )

My two bobs worth , I see Geomet selling a 10 % stake to VW ( shared equally between EMH and Cez ) and see that stake being worth $300 Mil aud .
I also see a capex of $830 usd to do double production which equates to $1 Bil aud . I see finance of 70 % of the project Ie $700 mil aud . Geotmet would be then be funded into production and neither Cez or EMH would need to put their hand in their pocket . A win win for all .

Solid Buying today Up $0.140 (11.62%) next seller sitting $1.395 and we will probably open at that tomorrow . Shares are scarce .