RNS from late last year about supplying the EV market
“This update is in line with the Company's strategy to communicate its progress to shareholders, as it delivers on its objective to build an international lithium production company with a portfolio of projects supplying the fast-growing electric vehicle and renewable energy markets of Asia and Europe.”
Barksy1
LG Chem produce batteries for Ford,a bit of digging should find out if they use Carbonate or Hydroxide
dougal66
The majority of Lithium Carbonate produced at Sonora is being taken by Hanwa our primary off taker and they are a huge commodity trader ,where they’re sell on the Li is anyone’s guess
Hydroxide can be produced from Lithium Carbonate
A major volte-face from Maddog38
Good news we’re in active discussions,wouldn’t be surprised if the amount agreed doesn’t rise from $65 to $100m
Assuming a favourable FS (a given imo) and a successful fund raise via debt financing (no dilution,less of a given but their intention I believe) what’s the estimate of a Market Cap when the spade hits the ground ?
The untimely passing of Colin Orr-Ewing threw a significant spanner in the works of the DL master plan imo
Ford had some of the early Li samples from the pilot plant,they’re well aware of what’s on their doorstep
10% shares of the company that ultimately own the asset
10% of the Market Cap (which will one day soon be huge)
10% of which will be very significant to our minnow of a company
That’s your opinion
Trades of that size will be negotiated so the spread at the time is less important when determining the type of trade
One thing for sure is that the shareprice rose significantly at tha time so both BUYS imo
Ross can advise Gordon that he will have to conduct a placing now as they cocked up by not dipping into the Lind facility
Let us know how you get on Ross...
Hardly,it’s just starting
Confirmed & binding off take with Glencore is confirmed
Complete the FS and raise the finance (shouldn’t be an issue with Glencore on board)
Proposed debt financing so little or no dilution to existing shareholders
Best part is KDNC has 10% of a very very valuable asset
A little patience and long suffering shareholders will be rewarded
yum yum
‘ a batter action plan ‘
The board appears to be suffering a Maddog epidemic - sadley
Very wired indeed
I too believe that KDNC has begun on an upward share growth curve
I will confidently take that bet
£50 to a charity of the winners choice
With proof of the deed being done
Projects in SAN Luis Argentina and Australia where they aim to shed the investment company strategy and focus on mining themselves
Valuable JV’s in Bcn & Hastings as when they get round to being mined & one day they will, maybe sooner or later ?
What is the value going to on their 10% MacArthur holdings ? Revenue stream or sale to a 3rd party ?
20% of Emh what value of this holding to a predatory major ?
Plenty of opportunities for a company maker imo
What a great find !
Who has Lithium projects in Argentina & Australia I wonder ..?
A company maker,people yet to realise this news