Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
Remember him well……what a tool he was
Don’t know if this has Ben posted previously but nonetheless it’s worth watching again. KC is the first presenter so watch from the start.
https://youtu.be/qg3wRb3d0Y8
“What about European supply chains? Can (and how will) the region secure its own supply chains?
Europe has the support of governments, both for policy and financial assistance (grants). However, Europe has a high population density relatively speaking. From a resource perspective, Europe is challenged. There are only a few large lithium resources, such as European Metals Holdings, that can be developed.
We believe commercial DLE production in the region is years off. What would make sense would be for Europe to start by processing spodumene concentrate and/or lithium chloride/tech grade carbonate (supplied from ESG/politically stable regions) into battery-grade chemicals in designated chemical parks/economic zones in conjunction with supporting local mines.”
So, Rodney’s take is for European converters to take the lead with Spond sourced elsewhere in order to establish a European lithium industry. At the same time in parallel bring emh into the fold as it ramps up production. Hopefully this will be the way forward and as the esg regs kick in more emphasis will be placed on local supply. Logical you would have thought, so why couldn’t VW have given a supply chain roadmap yesterday?
Have a look at this slide that we were once given and we all gobbled it up. No explanation or apology was ever forthcoming. Money for old rope.
https://twitter.com/hc_haplo/status/1402417827588440067?s=21&t=WexEogULecH7pMTxD9tSdg
Raw material supply is the big elephant in the room. Compare and contrast this presentation with the rocksteady presentation from a couple of days ago.
Colin, unfortunately due to a serious lack of information we do not know where we are heading. The cez gigafactory is the big one. Do cez want to take all of the Li product and use it in their batteries or will they be willing to sell some to others. We’ve been left here trying to second guess where we fit in wrt European supply. And we’re doing it by looking at what others are doing and saying and not by what our directors are saying. Unacceptable….
https://youtu.be/1sgKozDmi0o
Latest podcast from the Rockstock guys. It’s a mixture of US mining news and some personal news that is tragic. Hopefully however it gives us some insight as to where we are with market and where we’re heading……
If I was to hazard a guess, the final piece of the jigsaw is raw material supplies. It looks probable that this will form a multi-pronged approach wrt eg lithium and they won’t want to rely only on one supplier. Makes sense for them to divy this up in order to keep suppliers on their toes but I think that we’re definitely in the mix. If it turns out we’re not then major questions need to be asked about our direction of travel.
That's why KC said in one of his interviews that the sell price will be based on some other metric not based on SP. That is maybe why we got another PFS earlier in the year?
Does anyone know what the rules are regarding buying/selling stock for directors and company news with certain timescales? If directors are tied then maybe this means we have no imminent news in the pipeline…..
Something else to ponder. Can anyone name another business that has both a mine to supply material and a planned gigafactory? Cez appear to have it all…..
At the end of the day, cez needs to JV with a battery maker with experience since they can’t go it alone. At the same time because they are both miner and battery maker, this in due course could be a positive or a negative in our case. Apostive because we have a largely government controlled partner but also a negative because they could incentivise a partner to get involved by pricing the product coming into the factory at a large discount. It all boils down to what’s in the hidden “shareholder agreement”……let’s hope KC has been on the ball with it.
“Unconfirmed Rumor
Anonymous information was leaked to Sächsische Newspaper that Tesla wants to participate in the lithium logistics in Zinnwald/Cinovec. The Deutsche Lithium GmbH is planning to resume mining in the 125k depot - it's one of the largest lithium deposits in Europe”
https://twitter.com/alex_avoigt/status/1535476325594570753?s=21&t=PjNyWYh7zcGTOHi2J1F1mg
Can’t find the news article due to paywall but at least there might be a grain of truth to this.
There’s blood on the streets with a large number of companies today, so we’re not alone. However, as a shareholder we’ve been grossly ignored by management regarding news and updates. Interviews are fine but not everyone sees them. What we should have had were monthly updates wrt mining and lithium processing etc, something akin to what Vulcan do but minus the waffle. As it stands I’m still confident but I’m extremely disappointed by managements lack of updates.
It defies any logic tbh. On the one hand they extol the need for local raw materials and on the other the red tape and nimbyism for mines etc. in our case however I am confident that work being is being done in the background that will see us through
“Yajiang Snowway is undergoing a bankruptcy process. The Dechenonba lithium mine in Sichuan’s Yajiang area covers 1.14 square kilometers, with estimated reserves of 24.9 million tons and a planned 1-million-ton capacity per year.”
So we have a Chinese mine that is undergoing bankruptcy and bid on by bottom feeders looking for a bargain……and that is your comparison to emh? It pays sometimes to do a little research before believing someone elses headline bluster….
Tbisis, are you sure you’re a shareholder in emh? Sometimes I agree with your input but there comes a point where that dark cloud that follows you above your head interferes with what you say.
Another Tim Worstal article…..forget him
Mick, “ The strong indication is that the contract is not based on actual current value” was not just an inkling but something he actually said. I just wish I could remember which interview it was.