Member Info for jimb2

@EV_BUll,

Any idea, would that be the last part of the process or is there something else sitting with the courts?

BCN delist and Ganfeng have only AIM-listed KDNC standing in the way for the keys to the sweet shop, the perfect timing to make an offer - works begin in Q1, I bet that 75,000 tonnes per annum processing plant is being loaded for shipping, if not already well on the way.

*75,000 tonnes is my expectation to meet the demand that's growing exponentially - Sonora a globally significant lithium project - scalable, low-cost production, acknowledged and tested product that can compete with the best in the world and from picking off the surface to a product shipped to Asia in a few days.

When that RNS lands!

https://www.greencarcongress.com/2022/01/20220119-24m.html

Volkswagen will manufacture next-generation lithium-ion EV batteries using the 24M SemiSolid platform for use in Group electric vehicles.

The spammer has gone right through the bb's on ADFVN with the same new thread and message, it appears ADFVN have an issue, I'm not sure how long its been showing:

'User notice: We are aware of the issues affecting the Portfolio page. Our developers are working to resolve the problem as soon as possible. We apologise for the inconvenience.'

####
We also have problems where the search on LSE doesn't allow users posts to searched by their profile that has been the case since Christmas if I recall - useful for a spammer!

I hope the FCA investigate these issues the sites are wide open to cyber crime and fraud, @Dallasdaz may have a valid point from his earlier post whether complicit or negligent?

Crime is crime, some people are going to lose out or gain but SENX 30% rise on Monday after spamming is suspect today the least.

brilliant!

*** word of warning if you can pass on***

The same spammer ID pawlenty who posted across LSE on Sunday tipping SENX is going through ADVFN practically every share - they were on the S shares just a few minutes ago with the same message as posted here typos identical so a cut 'n' paste job.

How can these sites allow spamming of the same message?

Sorry to interrupt what might be gamechaning news -

The spammer is running wild on ADFVN his into the Q's shares now after possibly hundreds of posts - be warned!

it's the same as posted on Sunday on LSE:

pawlenty 18 Jan '22 - 22:47
0 0 0
P/E 1.7 before gas prices explosion, debt free gas and oil producer. Repeated valuation at 6GBX and pointed out as very conservative while price is under 2GBX while the same shares on another Europen exchange, are currently traded nearly 1000% higher. SERINUS ENERGY (SENX) is about to explode!

https://www.reuters.com/business/autos-transportation/volkswagen-bosch-set-up-jv-equip-gigafactories-2022-01-18/

I have a figure of 700 tonnes per GWh so 630,000 tonnes if getting to that capacity at 16% of global output.

MikeBWell,

why not save the bread and let the ducks eat amongst themselves from the bottom of the pond,

Typo should be JB Straubel,

One recent news release:

https://www.greencarcongress.com/2022/01/20220109-lfp.html

Last month Gotion High-Tech agreed to supply a large listed and unnamed US automaker with 200 GWh of LFP batteries between 2023 and 2028 in an indication of the auto industry’s reliance on Chinese production.

So that's 140,000 tonnes of LCE over five years or 28,000t/year, Sonora would struggle to ramp up to that under current known plans?

DYOR

http://www.asianmetal.com/LithiumPrice/Lithium.html

Well, it seems there's no question of oversupply for many years to come, JC Straubel is always an opinion to be respected.

https://www.cnbc.com/2022/01/12/tesla-co-founder-says-ev-sales-are-about-to-take-off-but-questions-whether-production-can-keep-up.html

Just a reminder for those looking at the demand side of LCE - for each Gwh of production requires 700 tonnes LCE and so this everyday news we are seeing and hearing is a clear indication that lithium is going to be in high demand for several years to come and production is already falling way short.

J curves

Blimey,

https://cnevpost.com/2022/01/17/catl-says-it-will-face-capacity-shortfall-of-at-least-430-gwh-by-2025/

That's without solid-state, but what if Ganfeng does crack it?

https://asia.nikkei.com/Business/Materials/China-s-Ganfeng-Lithium-stakes-out-overseas-claims-in-hot-market#:~:text=Ganfeng%20was%20established%20in%202000,batteries%20from%20salt%20lake%20brine

Dubbed a lithium "supermarket" for its wide range of offerings, Ganfeng is delving into battery production itself. The company is set to start up a plant in its home city of Xinyu in 2023, where some analysts expect it to make solid-state batteries.

Little old KDNC, right time right place!

All looking very good,

Release Date: 17/01/22 09:36
Summary: Charger's targeting suggests Large Lithium System at Bynoe

Ducks lined up

@EV_Bull,

You can understand why the LT/LS shareholders weren't particularly happy with the terms when their neigbour Core lithium SP performed as it has since the LT/LS deal was announced on 29th September.

Core lithium

29TH Sep 0.41 AUD
15th Jan 0.90 AUD
120% gain

15th Dec 0.51 AUD
15th Jan 0.90 AUD
76% gain

Nice monthly gain - j curve

China’s electric cars are on track to reach the 20 per cent nationwide penetration goal this year, well ahead of the government’s 2025 forecast

https://www.scmp.com/business/china-business/article/3163005/electric-cars-account-over-20-cent-chinas-new-vehicle-sales

I think we can all agree our lithium assets will deliver and although the long painful wait has been testing for many the reality is we are making up the lost ground.

Ganfeng are intending to ship Sonora lithium to Asia and to think we are seeing this growth there is reason to believe a buyout of the JV's is likely on the cards.

Disruption 20% market penetration in China this year - mind-blowing -Tony Seba moment!

It would appear many linear growth thinkers are being caught out.

@EV_Bull, agree holding on for a few months, the lithium j curve has just begun and strangely enough will follow EV's j curves.

2022 the year that nailed the coffin lid on ICE.

@EV_Bull Castillo down 18.4% yesterday in Oz and 10% here, seems few believe that was a good move!

From their RNS:

With the BHA East Zone’s exploration potential materially enhanced, the Board has dropped plans to acquire additional lithium assets.

I wonder why they didn't wait for the assay results?

Still, it makes the possible deal for our JV's in Sonora a little more interesting if they had eyes on OZ, when you look at the deal they struck with Core it seemed rather generous and great tining for Core:

August 2021 (now unconditional)

Binding agreements executed with Ganfeng Lithium for ? Offtake of 75ktpa of spodumene concentrate from Finniss Lithium Project over 4 years
? A$34 million equity investment for 33.8 cents per
share, a 10% premium to Core’s 10-day VWAP

Ganfeng and Core have entered into a subscription agreement whereby Ganfeng has agreed to make an Equity Investment of A$34 million into Core, as a contribution towards the development costs of Stage 1 of the Finniss Lithium Project and bringing Core into production.

lots to be positive about with our assets.

I'm still hopeful Ganfeng will want to start talks very soon, they have been involved with Sonora for two and a half years and no updates for the mining plans/plant design did materialise in H1 last year as was reported to happen.

Strategically and with Peter Secker onboard they might decide that our position with Amapa may make us more willing to take a deal now rather than later on terms more favourable to them!

Could it be before the final Amapa sign-off?

Great to see the Filter being used and shows just how many genuine holders there are following the serious posts:

https://www.rystadenergy.com/newsevents/news/press-releases/electric-car-makers-brace-for-cost-headache-as-battery-grade-lithium-price-set-to-rise-50pct-within-a-year/

Happy with the news on the oz assets.

Filter them and Filter those who respond with a little threshold of maybe 2 posts on the same page - that's my plan until mid February!

Cut out the nonsense.

The Filter is provided for a purpose!

That's a welcome development:

"In regard to the Litchfield and Picasso option with Castillo, given the recent increases in lithium compound pricing to over US$40,000 per tonne of battery grade lithium carbonate, and the pending analysis of the assay results, we see the unwinding of this option agreement as an opportunity for Cadence to extract a higher valuation for these prospective assets"

Just might be of interest to Core/Ganfeng

A long wait for the assay results with the labs working full out so must be due soon.

that's my train of thought @EV_Bull,

Friday with our four hours time difference just might have caught them out on expectations?