Member Info for jimb2

@EV_Bull,

I do belive BYD have brought 2025 EV penetration two or three years closer - that $100/Kwh is a gamechanger and not forgetting their storage - the blade battery is going to fill a huge gap as we await solid state as I've mentioned several manufactureres are adopting this including Tesla in China.

I would imagine our Australian project is getting some real attention from the bod considering Ganfeng's deal with Core, nice neighbours to have, take a look at the lithium charts - just the beginning of sustained high prices for perhaps years to come!

https://www.fastmarkets.com/commodities/industrial-minerals/lithium-price-spotlight

Of course all our lithium assets will benefit - BYD from worlds top battery maker to EV, Truck, Bus, and energy storage manufacturer and now ready to disrupt the car industry - he doesn't get much wrong Warren Buffett!

Share a thought for ROS - he still must be waiting to off load his £10K and buy back in at 7- - any chart specialists mangae to look back since March 2021 to see a 7p opportunity - I know March 2020 it was below 7p (how could I forget - kerching)

Rayofsunshine
Posted in: KDNC
Posts: 98
Price: 18.00
No Opinion
RE: @ tradecraft 26 Mar 2021 06:41
@ tradecraft I believe but do your own research there’s gonna be another 6 months at least hold up of the deal for kdnc , that’s just my thoughts but I can’t risk been out just in case I am wrong , so I now have a nice short on this as well win win both ways , as there will be another chance to buy in at 7 pence before it starts to climb up what we are worth with emh again , gl

Hmm, ROS your posts didn't disapppear afterall!

I'm not sure why there seems to be doom and gloom from a few when many have seen this as a buying opportunity - in fact Rayofsunshine can inspire you - from personal prospective to the tune of 101,137 additional shares since March, it's just another rainy day on AIM

ROS you inspire me!

https://youtu.be/7nd04Uxp_O0?t=119

Build Your Dreams

I hope it's not the bubbly influencing my buys:

https://youtu.be/arpidGq8SlA?t=18

Already a deficit - those benchmark minerals figures show we are in a great position with our lithium assets.

https://www.reuters.com/article/lithium-prices-electric-idUKKBN2G9190?edition-redirect=uk

2022 75.000 tonnes
2023 125,000 tonnes
2024 150,000 tonnes

like we lth's predicted!

No wonder we are seeing prices flying off the scale - hold tight!

I can see a J curve!

https://www.reuters.com/article/lithium-prices-electric-idUKKBN2G9190?edition-redirect=uk

things are 'soaring and surging' in lithium supply and demand -

https://www.spglobal.com/platts/en/market-insights/latest-news/metals/090821-lithium-hydroxide-reaches-new-record-high-on-rising-lithium-carbonate-prices

Rising production of lithium iron phosphate (LFP) batteries has led to active procurement for lithium carbonate, reducing available supply for conversion into lithium hydroxide, market sources said.

That’ll be the BYD blade battery, a gamechanger in transport that is the nail in the coffin of ICE, multiple manufacturers are using it!

Ah, my new found interest in champagne, a little trivia, did you know the void area or dimple in the bottom of a bottle of champers or wine is known as a punt how ironic!

No one can be sure KLUCK17 but I doubt Ganfeng will make a start on the plant this year knowing longterm we have 30% JV in five concessions, it of course depends on how lithium prices hold and the info I've seen looks like through to 2030, deals are being signed on five years plus terms so Ganfeng have a clear view of orders, not forgetting last week they got outbid on a buyout.
Europe and the USA will wake up to the reality that China has stole the March on EV's and battery tech and lithium supplies, we are talking J curve growth in EV's it's now and it's not stopping - can anyone see the horse!

Worth looking at Disruption 120 years back:

https://youtu.be/Kj96nxtHdTU?t=134

Quantity 8,760 at 20.4000p

That's it the cellar is full, Chateau 8760, thanks ROS you're a true inspiration,

Nice bottle of vintage 8760 coming, at these prices very hard to resist, just can't decide if i should hit the buy button now or at lunch?

Ganfeng are due to start Sonora plant construction before year end, will thaty want a JV remaining in place or full ownership?
Will COP26 see historic committments to EV transistion!
Will EV's already reaching price parirty with ICE vehicles receive subsidies to make the purchase a compelling choice on top of the already surging EV v ICE sales - what will happen to lithium prices?

Surging, Soaring - Disruption!

@MJFMSG,

I am of course conscious of the anxiety holding at £1 still brings having been in that positions myself but still over the years I have had the end game in sight, it only compounds the situation when we have bad actors coming on these BB’s casting doubt, ROS has been found out here and on COPL a share he has also lost on, he had a £10k short on KDNC back in March when he sold out at 18p suggesting he would buy back in a 7p ouch!!

Of course, I have been buying even at these prices of late, well to be honest buying was a problem after adding sub 10p as low as 3.25p but thanks to ROS I started adding in March after his post so now have added 90,000 plus above 17p but still showing 35% profit on my holding despite gains being reduced around £30K since 32p days – still this shows my belief is strong £8.5K in recent weeks 21.4p to 29.3p selling off my Nickel interests on the back of new battery chemistry (not that Nickel won’t still be in demand) just too much upside here short term IMVHO

Let’s hope we cross that £1 soon so we can all celebrate (bar one/group)

Rayofsunshine
Posted in: KDNC
Posts: 98
Price: 17.75
No Opinion
RE: Good news 24 Mar 2021 10:22
@mac69 :) only sold a pitiful amount 8760 shares at 18 pence it’s all there to see on the sells , just wanted to buy myself a bottle of champagne with it to celebrate all the money I’m earning off you lot :)

Chateau 8760 – can’t wait to pop them above £1 – big thanks ROS you inspired me to add.

https://i.postimg.cc/rF6qy2Vf/Champers-8760-Copy-2.jpg

The number of warnings for new commodity shortages amid the energy transitions has just grown by two: Macquarie Bank and Credit Suisse recently warned investment clients that the supply of lithium will remain tight for the observable future, pushing prices higher continuously.

https://finance.yahoo.com/news/permanent-lithium-shortage-looming-210000771.html

Chart showing from 2022 supply deficit from Bloomberg Macquarie Research (half way down page)

https://www.linkedin.com/pulse/tnr-gold-royalty-celebration-pachamama-ganfeng-lithium-kirill-klip?trk=articles_directory

Sustained higher prices for maybe years to come!

MJFMSG,

when people were buying in at £1 none of our projects were financed to production in a sector where less than ten percent of juniors survive to production - we have passed that point with at least three projects and as @observer842 posted Friday EMH alone covers our market cap - price parity with ICE and the global recognition that we have to make the move to EV's is now fact. Our time is here EV's are better than ICE take a look at BYD Dolphin (EA1) expected to be under $17,000 without subsides and Tang SUV probably under £50K for a 7 seater fully specked 85Kwh battery 3,000 cycles 1.2M kilometre life now on sale in Norway – I do believe the Dolphin will be a top seller in all markets it’s sold in.

Just keep an eye on the lithium scene only last week Ganfeng got outbid (MLQ thanks)

However, Canada-listed Millennial said in a filing on Wednesday it had received an “unsolicited non-binding proposal from a foreign-based lithium battery production company,” without identifying the bidder.

The UK government aiding battery suppliers secure lithium:

https://worldbatterynews.com/uk-agency-'interested'-in-financing-lake-resources'-argentina-lithium-proje-p985-154.htm

Australia's Lake Resources revealed today that the UK’s export credit agency has expressed "strong interest” in covering the majority of funding needed for the lithium developer’s flagship Kachi project in Argentina. The move comes as the UK seeks to secure raw material supply chains for Gigafactory projects already under way and planned in the country.

We have some very talented number crunchers who post @observer842 and @EV_bull contribute a great deal and I would strongly recommend looking over their posts.

In my view we are at the strongest position this company has faced in all the time I have held and see your £1 being passed very soon, to the point I have been adding between 17p and 29.3p since March when I had already reached the maxed out holding, I had anticipated.

It would be interesting to know our options in the JV’s with Ganfeng with the new mining policies being introduced in Mexico with the state having 51% stake in any new concessions – must be positive for our JV’s.

And of course Amapa could drop anytime!

Now £1 might seem far away but it looked a lot further when from September 2019 through to May 2020 you could have bought below 10p down to 3.25p in April

Is 21.5p cheap - look back in say December!

As @obsever842 is late on parade

another week of gains 8.5%

https://www.lme.com/en-GB/Metals/Minor-metals/Lithium-prices

FASTMARKETS MB LITHIUM HYDROXIDE MONOHYDRATE: MIN 56.5% LIOH2O BATTERY GRADE, SPOT PRICES CIF CHINA, JAPAN & KOREA, $/KG)
(MIDPOINT)

DATE PRICE (US$ PER KILOGRAM)
09 September 2021 19.25
02 September 2021 17.75
26 August 2021 16.50
19 August 2021 16.25
12 August 2021 15.75

Apologies for taking the liberty but things are hotting up and great news to see Ganfeng being outbid/counterbid, it would be good to keep tabs on the rises.

@observer842

Friday update looks promising J curve!

Sonora 30,000 t K2SO4 - fertilisers - Ganfeng new JV

On 8 September, Smart Agriculture, a listed company, released the "outbound investment announcement regarding establishment of joint venture". According to the announcement, Smart Agriculture and Ganfeng Lithium will set up a joint venture named Ganfeng Zhongkai Mining Technology Co., Ltd. with a planned registered capital of RMB100 million (USD15.50 million). Ganfeng Lithium will contribute RMB65 million (USD10.08 million) while Smart Agriculture will contribute RMB35 million (USD5.43 million), both in cash by self-financing. The joint venture will be engaged in exploration of mineral resources, geological exploration of metal and nonmetal mineral resources, excavation of mineral resources (non-coal mines), beneficiation, sales of metallic ore, sales of nonmetallic ore and products, etc.

Chinese agriculture needs greater yields from farming near to big cities, climate change will add further pressure - just food for thought!

Sonora up to 30,000 t/year @$500 = $15m - but where will KsSO4 prices be in coming years?

Makes sense a JV - Kiran don't give up our JV's too soon, let's see Ganfengs game plan.

Potash production in China has remained relatively the same from 2016 to 2020, at around 5 million MT. Potash is extremely vital in China — the country is the largest consumer of potash fertilizer, accounting for approximately 20 percent of world potash consumption. China’s domestic demand for potash fertilizer is overtaking its homegrown potash supply, making the country reliant on potash imports, especially for muriate of potash.

https://investingnews.com/daily/resource-investing/agriculture-investing/potash-investing/top-potash-countries-by-production/

I'll cast my eyes over that again tomorrow @observer842, this is consistent:

In 2020, politicians from the MORENA party tabled plans to reform Mexico's constitution and mining code in order to nationalise lithium resources in the country7. In June 2021, the Mexican government stepped back from nationalisation of existing lithium concessions and announced a potential new lithium bill due in September 2021. Economy Minister Tatiana Clouthier has said that the government was considering a public-private partnership to develop new lithium concessions and indicated that the government may institute a rule with a mandatory state owned stake of 51% for new lithium concessions8.

Article from June:

https://www.americaeconomia.com/negocios-industrias/mexico-abandona-plan-de-nacionalizar-el-litio-y-esta-listo-para-dar-la

The legislator said that a market-friendly bill on lithium will be presented in September with the start of a new legislative period, after the midterm elections on June 6, which will renew the Chamber of Deputies.

Still it baffles me how they can say (or why they are saying)

The Mexican deposits found to date, however, are mostly trapped in clay sediments.

That distribution is the reason why Fernando Alanís, former CEO of silver miner Peñoles, is little optimistic about Mexico's potential to become a new player in the global industry.

"Unfortunately, the potential that Mexico has is nil because there is no commercial process to process lithium from clays, and I am speaking at the global level," lamented Alanís, who in his role as president of the Mexican Mining Chamber is normally an industry driver.

That 51% state owned stake on new concessions is interesting though 'market friendly bill'

Just makes me wonder if Ganfeng had wind of what's coming?

Bacanora declined to comment on how it intends to process the clay-based lithium deposit in Sonora or to comment on Armenta's new legislative proposal.

Odd!!

@EV_Bull,

if it is our filing then an RNS tomorrow?

@Barksy1,

I don't believe that's the case, more like someone wants to nudge things on after a year and a week since the 'agreed in principle'

we don't know who filed the injunction but the gist is it's for ownership (interpretation allowances)

GL