Member Info for HoundofHell

Tesla Is Laughing At Audi Right Now

Building electric vehicles ain't so easy after all.

According to various foreign reports, including from The Brussel Times, Audi is experiencing production problems for its new e-tron SUV. The problem has to do with batteries, or lack thereof. Reports claim the German automaker is not receiving enough lithium-ion battery cells from its supplier, LG Chem. Apparently, LG Chem is against Volkswagen’s decision to set up battery gigafactories with other suppliers. To turn up the pressure, LG Chem is purposely slowing down production. Instead of running eight hours a day, it’s now working six, and will soon reportedly drop from five weekly working days to four.
On top of that, there’s a strike currently taking place at Audi’s factory in Hungary that’s responsible for building the electric motors. Internal documents uncovered by Brussels sources claim Audi initially planned to build 55,830 e-tron SUVs in 2019 but now that production forecast has been reduced by 10,000 units.?

Just caught up on all the news and would suggest that people listen carefully to what Leo has to say and ignore the majority of the BS posted on here today

Some golden nuggets due throughout this year and the first sounds like it’s imminent....& also sounds like a mega merger could be in play as well

Nice bit of news is that the medium depth drill on SWP is likely to cost 0.5M £/$ only and comes out of our existing cash £/$ ,so Ross can stop banging on about placings to fund the drill

...heads up of impending good news

Great to see Macarthur moving forward with developments like this even before their FS is complete, success a given now Glencore are on board with the due diligence they would have done

Big payday for KDNC on the way

So many company makers coming to fruition & many under the radar

An increase in barrels would be an awesome result,but the emphasis was clearly stated that the goal is to target the ‘more profitable’ barrels and less on the headline number

The gorilla in the room imo is what the water flood has done so far to the well pressure?

I remember the Ford link vividly (stated in an RNS if I remember rightly)

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