Member Info for jimb2

To be honest I'm surprised there's no stalling of lithium prices considering the chip shortage has been an issue for manufacturers of both EV and ICE vehicles - very postive for EV's IMVHO - two screens of green - filtered posts here and Asianmetals-

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

I'm into life investments LiFe ;-)

Well done Ivybush 15 consecutive filtered posts, credit where it's due I think I've let one slip through though, one on the shortlist - my view looks like a zebra crossing for most the afternoon.

https://www.mining-technology.com/news/company-news/blackrock-plans-close-coal-power-stations/

BlackRock has placed sustainability as central to its agenda over the past five years, believing that sustainability will act as a new standard for investing.
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just imagine if an oil major took an interest in a juniors oil lease or the neigbouring lease - well we know what happens, shouldn't this be the same for Ganfeng and lithium - we have Mexico JV and Australia - will the penny drop?

https://www.forbes.com/sites/davidrvetter/2021/08/09/oil-prices-drop-as-climate-experts-stress-human-causes-of-global-temperatures-rise/?sh=23ba6e773045

Oil or lithium

place your bets!

EV_Bull, as Tony Seba has said the green that will drive the disruption might not be environmental more the colour of dollars!

https://www.irena.org/newsroom/pressreleases/2021/Jun/Majority-of-New-Renewables-Undercut-Cheapest-Fossil-Fuel-on-Cost

Tony Seba 2016
https://youtu.be/hMg6_ShLleQ?t=447

https://www.greentechmedia.com/articles/read/almost-all-new-us-power-plants-in-2021-will-be-carbon-freeAlmost All New US Power Plants Built in 2021 Will Be Carbon-Free
Federal data reveals that natural gas will supply just 16 percent of new power plants this year as cheap wind and solar power take over the market.

I do believe COP26 will see firm commitments to accelerate the transition, I wonder if this will impact oil prices?

we are in the midst of a disruption and the signs are evident on daily basis:

https://www.autocar.co.uk/car-news/features/meeting-gkn-british-automotive-firm-leading-world

Always worth looking back at Tony Seba's work on disruption, can you believe this was 9 years ago!

https://youtu.be/xEMoaeeomm8?t=732

Is that in Newcastle or Spain, you remind me of so many other posters.

Bye - remedy applied,

Odd that you are thinking that far ahead Evans when you Copl ramp failed miserably last week, and oil is known as a hydrocarbon, so hydrogen good guy carbon bad guy, I don't think it will change even in 50 million years to contain lithium, cobalt, manganese or nickel.

Indeed EV_Bull,

so just one meeting between KDNC and Ganfeng might see two projects disposed of?

That would be a great RNS or just in discussions would do me for starters.

What intrigues me is there's nothing to say that BCN did get to see the finalengineering design with the full buyout offer coming in May.

February 1st RNS, increased stake to 50%

Ganfeng is continuing to integrate its flow sheet for the production of battery grade lithium into the final engineering design and remains on schedule to deliver its final engineering packages to Bacanora during H1 2021. Ganfeng continues to work with its equipment suppliers to determine equipment delivery times to align with a target of first production in 2023. Bacanora therefore remains on schedule to commence initial site works at Sonora in 2021, subject to completion of financing, which would enable commencement of production at the plant in 2023.

What will be the final plant design and capacity - Ganfeng happy to take full stake in Bacanora and keep the future plant design undisclosed, so @observer842 I agree who knows what the new capacity might be in the order of ____Ktpa and why not Sonora is shown as the lowest cost producer in the BCN corporate presentations.

EV_Bull,

in the early days when Hanwa became an offtaker and invested in Sonora it was expected that Hanwa would bring in investors to fund the project - never did happen but that was back when production was expected to begin in 2019 - I do agree the JV must be a consideration for them now.

Having over the years held directly in BCN and EMH I'm now only holding through KDNC, risky but I believe BCN is going very cheaply and we have more chance of seeing value in our JV when peek demand together with high prices become evident - we are now on the cusp of that.

I hope BCN holders get a better offer.

Hanwa are adding more battery materials, and an AIM company has a signed MOU

https://www.lse.co.uk/rns/TGR/mou-with-global-trading-investment-company-9lln22sk4jvoe3v.html

Interesting weeks ahead!

GLA

interesting Seekingalpha article from January,

https://seekingalpha.com/article/4315728-lithium-is-set-to-soar-2025-price-forecast

low on the price and jaw dropping demand?

I just hope Ganfeng sees similar!

I know primary focus is on Amapa but EV and Storage are headlining daily now, if we didn’t have Amapa this BB would be buzzing with positive lithium news - I'm not complaining!

“We now believe that total global demand could surpass 1 million tons in 2025,” said the company formally known as Soc. Quimica & Minera de Chile SA.

@observer842, I do believe we had this figure two or three years back when it seemed way out of kilter.

https://www.bloomberg.com/news/articles/2021-08-19/surging-lithium-demand-outstrips-forecast-of-major-producer-sqm

So why over three or years of pain? - This didn't help!

March 2018:
Morgan Stanley forecasts the price of lithium carbonate will fall from US$13,375 per tonne to $7,332 per tonne by 2021, and then towards its marginal cost of production at $7,030 per tonne thereafter. Hundreds of junior explorers have gone out in the field over the past two years, in search of high-grade lithium endowments at either brine lakes or hard-rock lithium mines.
https://www.linkedin.com/pulse/morgan-stanley-claims-lithium-price-plunge-45-2021-power-more?articleId=6375049628567502848

March 2018 forecast $7,332 per tonne
Actual today $14,500

Plus they forecasted global demand to increase by an additional 500,000 tonnes (so circa 700,000 total based on 2018) that's a big gap on what SQM are saying, 300,000 tonnes takes a lot of projects coming online to meet that figure.

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

I would also suggest Trump’s denial of climate change and undoing so many policies have impacted but that's being put right with a degree of urgency not seen before, COP26 will be a defining moment.

The lithium scene is very different now – get rid of the old baggage, we have some great lithium assets that have survived the darkest days.

Ganfeng buying spree shouldn't be ignored, they can see the order book!

history, lack of interest and understanding of how near the projects are to becoming producers - but that's what makes it good value as many LTH's now see it.

look at the prices!

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

past 30 days alone look good.

Ganfeng due to announce intent to make an offer for BCN:
In accordance with Rule 2.6(c) of the Code, the Bacanora Independent Directors have requested, and the Takeover Panel has consented to, an extension to the deadline by which Ganfeng is required either to announce a firm intention to make an offer for Bacanora in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer for Bacanora, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. Accordingly, this deadline has been extended until 5.00 p.m. (London time) on 26 August 2021. This revised deadline may be extended further with the consent of the Takeover Panel and at the request of the Bacanora Independent Directors, in accordance with Rule 2.6(c) of the Code.

When will ganfeng take an interest in KDNC?

My expectations are before plant construction begins - 250 year mine life!

MJFMSG,

There is a bright side, cast your mind back to when the SP was floating around 3p, what was your expectations?

MJFMSG

Posts: 2,170

Price: 3.35

Hold

RE: Sonora Delay1 Apr '20
i can see there is a slight delay getting to a 1p But we are getting there , i hope no one else get caught here for money ,

Not bad I make that a twenty four bagger against your 1p and now you have you eyes set on £1 to exit - no way would you have turned down 24p or 32p in March 2020.

I added at 3.25p because I was 95% sure EMH, BCN and HAS would deliver substantial profit as we approached the ramp up in EV's and green energy, I wasn't so confident with Amapa but my view now is between the four at least three will come good.

Last top up for me was 29.3p.

The problem is the way you see the problem?

I hope those who regret not selling at 32p can hold those emotions and should we reach 32p again remember to hit the sell button, somehow I have the feeling they will not.

Today I was on the button for another 25,000 but managed to restrain myself due to already holding 55,000 above my planned max, these were bought from 17p to 29.3p - I don't think I'll be that disciplined if this price holds come Friday afternoon.

On the fence regarding price movement for that reason, I perfectly understand any anxiety people might have but we are in the peek holiday weeks with COVID restrictions being relaxed so maybe many PI's have their focus elsewhere - an opportunity?

Hydrogen power offers jobs boost, says government - BBC News
https://www.bbc.co.uk/news/science-environment-58238367.amp

mrlithium just curious on your copl post:

Rayofsunshine
Posted in: KDNC
Posts: 98
Price: 18.00
No Opinion
Now how pathetic25 Mar 2021 13:10
jimb2 and Evans thanks for the write up on the Copl board ***both of you :)***

***both of you - you named two people - why add both of you?