Member Info for fulmar29

Luke,thank you for all your updates,I also watch with real interest some of the EV news and in particular recently have been looking at the forecasts/commitments of manufacturers and how soon they are convinced it will all happen.My belief is they are deluded or just talking up the EV/green issues to be able to charge a hefty premium for the limited vehicles they are able to produce.There is not enough raw material (IMO) to furnish even 30% of their ambitions-Cu,Co,Ni etc planned or potentially available within the next 10 years++the ramifications of that are probably a huge spike followed by a drop and leveling out to a sustainable much smaller growth curve. The predictions of EV batteries reducing to 10% of their present cost (due to volume production and recycling) is just fanciful ,they will reduce in price but not for many years.The Chinese are looking to improve their environmental conditions and through their control of EV minerals they will get the rest of the unprepared world to pay for it. IMVHO F

looks like a sell to me as well which would roughly balance the days trading,it doesnt say UT but ?

No you are not alone? Self managed SIPP and ISA shares (if you have the time for research and management) are doing just fine.

I don't either,but will keep an eye on it just in case.

But you can create sells and then cancel them as happened to Burford in order to drive the price down to aide the shorters, and the "manipulators " are now subject to investigation and litigation from Burford (initially).I'm not saying that was the case yesterday,but if so the shorters caught a cold. #Banshorting

https://www.investopedia.com/https://www.investopedia.com › ... › Trading Order Types & Processes
Canceled Order Definition - Investopedia
21 May 2019 - If the stock breaks out to the upside, the buy order executes, and the sell order gets canceled. Conversely, if the price moves below the trading range, a sell order executes, and the buy order is purged. This order type helps reduce risk by ensuring unwanted orders get automatically canceled. At least that's the OFFICIAL line !

Reminds me of what happened at Burford recently,but if that's the case here then they failed here _so far . I'm keeping screen shots just in case !

55% grades (highest in world) and USA and Russia realizing and making moves to find new sources. Cooooeeeeeeee , over here,over here !

could move this up and 7p by year end will put it over £100m and then the real fun begins

and another @ 15.15---fingers crossed for PFS

just the two latest @ about 15.00

guilty as charged

@Cattle-mining exploration and perfection will never be associated, but IF we have someone "in the wings" who has asked for an indication to substantiate the aeromag survey on the other sites and who needs a PEA/Min asses on CE before making a bid,or if NvS sees it necessary to "set out his stall" who am I to tell him otherwise ?
@J99-sorry for your losses and from a distance it seems your frustrations are with yourself and your own investment policy.No one can guarantee ARC will prevail (certainly 40p is not assured) and solve that problem so have a plan B.Good luck F29

"Future predictions of metal prices" is exactly why anyone would want to buy our assets and why we could expect a premium ,so at the risk of frustrating you further,I see the Macros as extremely important -essential even !

your quants are what I would consider to me a minimum but remember it looks as though we may have multiple sites. CE looks as though it will achieve your quants on its own i.e 1kmx50mx25m (min) depth @ surface@1% which looks very easily achievable
and if the surface area and depths grow (it looks like they may well do) we will get the first PEA/Min Asses well north of 1mt

@J99-what would you consider commercial quants to be?

Copper: A Key Piece of the Puzzle
This energy transition will be mineral intensive and it will require metals such as nickel, lithium, and cobalt. However, one metal stands out as being particularly important, and that is copper.(Copper Development Association)

check out kirillklip.blogspot link posted by Bobby on # and if only 50% of it is right then we are in for a stratospheric Cu market

https://www.mining.com/web/barricks-1-billion-zambian-mine-draws-chinese-interest/ with 60%+ of EVs predicted to be produced by Chinese companies( and even without EVs Cu growth is expected to significantly increase due to renewables) they are securing base metal supply whilst the prices are low.Rio T are just starting exploration in China with no guarantees.With all this going on,we are definitely on some serious miners radar.

(A factoid: Though the battery is called lithium-ion, lithium is only 2% of the battery, which consists mostly of nickel and other metals. Rodney Dangerfield would say that nickel gets no respect, and he’d be right.)
One of the biggest differences between the Tesla battery and the batteries used in other companies’ EVs (like the BMW i3, Chevy Volt, and Jaguar i-PACE) is the metals they put in the cathode. Traditional car companies chose the NMC (nickel, manganese, cobalt) combination, while Tesla ended up making a less conservative choice of NCA (nickel, cobalt, aluminum). NCA offers long battery life, quick charging, and great performance. NMC, on the other hand, produces slightly less energy but is less volatile and withstands larger ranges and variations of temperature.