Member Info for jimb2

@docmartin

are you projecting the SP will be at this level at the time of the AGM?

skinnyboy16 - FILTERED - silly so blatantly obvious you know how to find the info!

skinnyboy16

Posted in: KDNC

Posts: 872

Price: 12.75

No Opinion

Now we wait 29 Oct 2020 14:58
Either the ore isn't ours and the SP will drop back below 10p or it is and will hopefully fly above 20p who else is nervous

skinnyboy16

Posted in: KDNC

Posts: 872

Price: 13.375

No Opinion

RE: Creditor settlement 28 Oct 2020 19:57
Port looks full til 2021 so better be ours or it's another long wait ahead. So much for early Q3

Any thoughts?

the additional 7% announcement with the commencement of shipping?

That would make perfect sense!

16,251 showing a sell on another platform.

20.5p come 21/02/22 will be a discount of?

Nopt much to add, been buying

@EV_Bull,

It's getting plenty of press coverage, I would hope it brings some attention to our JV's and KDNC in general,

PR

6th January 2020

Today, there are two very interesting factors to consider. First, the USMCA really opened the possibility of increasing the proportion of the regional content that can be added to Mexico´s value-added chains. This has been a great magnet for the reallocation of Chinese companies in Mexico, particularly in the automotive, electric, electronic, and metal mechanic industries. While Chinese corporations have begun to land in Mexico, it is very clear that this represents good opportunities but also challenges that we must be prepared to meet.

https://mexicobusiness.news/trade-and-investment/news/50-years-mexico-china-relations-2022-recovery-action

In 2021, total exchange between Mexico and China accounted for around US$85 billion, and this is in a year of a global pandemic. In 2020, while imports decreased about 9 percent, exports increased around 12 percent. Mexican food exports to China tripled.

#####

"Whoever controls the lithium supply chain will control the future of the electric vehicle space," said Simon Moores, managing director at research and data provider Benchmark Mineral Intelligence. "There's a global battery arms race."

The Chinese government has been quietly instructing state-owned enterprises to hunt down lithium resources outside China, according to Francois Perrin, a portfolio manager at investment firm East Capital. He predicts that over the next few years, China will wield increasing influence over the supply of lithium and other metals used in electric batteries.

Chinese Foreign Ministry spokesman Geng Shuang said he didn't have any specific information on the trend of Chinese investment in lithium supplies.

#####

It's always a good exercise to look back and reflect on where we were and how things have developed, I doubt the Chinese government will standby and watch Sonora slip out of Ganfengs hands.

https://money.cnn.com/2017/11/20/investing/lithium-china-electric-car-batteries/index.html

For those following the EV disruption, gamechanger LFP!

According to China Automotive Manufacturers Association's data, the NCM ternary batteries output was 11.4GWh, a year-on-year increase of 34.6%, while the LFP battery output was 20.1GWh, a 207.7% year-on-year spike.

https://www.spglobal.com/platts/en/market-insights/latest-news/metals/020322-chinese-lithium-carbonate-hydroxide-price-spread-at-record-high

I do believe the car industry and experts are not looking through the right lenses - seems they don't see the reason to replace an ICE vehicle with another ICE vehicle is not the same when looking at an EV - Combustion engine development and oil production were very much aligned in 1900 onwards - it's now very different there's 1.4 billion ICE vehicles as the addressable market.

Taking into account savings on fuel and service by swapping ICE to EV, old model purchasing has around 100 million ICE vehicle sale per year (pre pandemic) surely we will see that smashed as we see price parity and ownership costs significantly sway in favour of EV.

lithium prices will remain high for many years to come. IMVHO

I'm looking forward to Ganfeng taking on the Mexican government (should the need arise) and just hope we get some media coverage for the JV's.

At 9,000/tonne Sonora was a jobs booster and tax revenue for the Mexican economy at $35,000/tonne 'it's ours' LOL

did you buy £165K PRE on 10th January?

Does anyone have access to trade history, it seems Twohits has a memory issue, a missing post from 20th January 21:45 as was posted on the day hence 'Today 21:45 where he claimed to have sold £165 KDNC to invest in PRE. (I posted this last night also)

@Twohits, but on 20th January when PRE was 99.4p you said it would go up further - (now 81.5p 03/02/2022)

Twohits
Posts:
1,662
Price:
28.00
No Opinion
Today 21:45
PRE
I sold out of this and put my £165k or so into PRE last week/monday. PRE already up, it will go up much more. Just stating that for the record. GLA.

#####

No problem, you said on January 20th you purchased last "week/Monday" that would be 10th January so very easy to see if there were that many buys.

You did add you were stating for the record, and I respect anyone who does so truthfully.

£165k trades should show on 10th January for PRE.

Getting plenty of press,

https://www.bnamericas.com/en/news/amlo-takes-a-tougher-line-on-lithium

AMLO’s stance appears to put the government on a collision course with China-based Ganfeng Lithium, the world’s biggest lithium company as measured by its US$40bn market cap. (And tiny AIM listed KDNC market cap £32M)

This is not new and should be expected, now we are funded would be good to see our interest in Sonora included in these press releases?

27% funded, 49% to aim for?

the Directors of the Company are delighted by the support from existing shareholders and new investors, including institutional investors.

The portfolio must be very attractive to pension funds looking for entry into battery materials for a medium to long term high growth.with the short term outlook very promising, we are being noticed

Maybe those who subscribed to the placing also see 27p as a bargain?

https://www.today90.com/mexico-announces-that-state-company-will-exploit-lithium-reserves-news/

López Obrador specified that it will be a state company and said that this will guarantee that there are no conflicts between other countries for the exploitation of that mineral in Mexico.

He pointed out that it is a resource as strategic as oil, and it was decided that the concession to extract it is of a special nature, since “it will be exploited for the benefit of Mexicans,” he said.

The head of state stated that it will not be from the United States, China or Russia, and pointed out that the Chinese mining company Ganfeng Lithium, which currently claims the exploitation of the mineral, will not be able to exploit the lithium found in Bacanora, Sonora (northwest).

He added that the license that was granted to that company ten years ago does not allow it, since it only allows the exploitation of other minerals, and expressed that if necessary it will be investigated how the concession given to Ganfeng by the Federal Commission was approved. of Economic Competition (Cofece).

#####

Oh well, not totally unexpected and something Ganfeng will have had plenty of DD with, so perhaps it might prove beneficial for promoting KDNC into the mining news circles and possibly national press - still our other assets are more than a justification for the mcap.

@Twohits, but on 20th January when PRE was 99.4p you said it would go up further?

Twohits
Posts:
1,662
Price:
28.00
No Opinion
Today 21:45
PRE
I sold out of this and put my £165k or so into PRE last week/monday. PRE already up, it will go up much more. Just stating that for the record. GLA.

#####

No problem, you said on January 20th you purchased last "week/Monday" that would be 10th January so very easy to see if there were that many buys.

You did add you were stating for the record, and I respect anyone who does so truthfully.

@Twohits,

You claimed you held PRE on 20th January having sold KDNC the previous week, on 20th you may have been in profit as the SP rose from the previous week's low of 85.80p, however from the 20th of January it's dropped to 84.4p.

I recall your post but it's not showing, 20th January 21:45

21:40 still shows
21:45 not showing - the one you mentioned £165K sale of KDNC a week prior.
21:53 still shows

hope this helps.

DS22,

I would be surprised if that's the sole reason for today's tick up:

https://www.asx.com.au/asxpdf/20190327/pdf/443svmmmwfzvsn.pdf

I agree @mr.james 17:58 post:

Trying to trade this first thing would be dangerous IMO strange how we went up 10% today even though someone knew the placing was coming

#####

I did also wonder how the SP stayed so high on Hastings news, it just didn't warrant a rise in SP of 10% considering it was already on the cards they would get the NAIF loan it's been ongoing for years and pretty much a dead cert. And then the trading over the week so far has been odd, to say the least.

I'll reserve my view of the board for a few days to see what unfolds.

You are welcome @Olderandwiser, thanks also @ivybush, appreciate your kind words, and from a lth who has been a substantial holder for a good few years!

A great time to be holding!

@Olderandwiser,

there are many new EV's coming with 20 to 30 Kwh batteries for the lighter vehicle markets (massive in China) but looking at the mid-range premium we are seeing 50 - 90 Kwh and then premium moving into pickup trucks 90- 150kg.

Tesla Model 3
50KWh - 80KWh

Ford F-150
There are two options: a 98.0-kWh Standard Range battery pack targeting up to 230 miles of range, and a 131.0-kWh Extended Range pack that Ford claims will offer up to 300 miles.

BYD Tang SUV

Top-line performance figures for the BYD Tang include a class-leading range of up to 505km (NEDC) and acceleration from 0-100 km/h in just 4.6-seconds from its 86.4 kWh battery capacity.

BYD Dolphin
30KWh

Some pickups will have up to 200 KWh.

As far as average goes it's not that clear as the mix of hybrid, plug-in hybrids, and BEVS but it's increasing as more are switching to full battery. In the article below the average amount of LCE in EV's increased by 57% between 2018 and 2019 as the Tesla model three and other EV's became available.

https://www.greencarcongress.com/2019/11/20191110-adamas.html#:~:text=In%20the%20US%2C%20the%20average,11%25%20over%20the%20same%20period.