Member Info for jimb2

Yes, @Zoom56,

Piedmont are really expanding with processing in the US!

I do find the association between Piedmont and EG1 intriguing:

Piedmont lithium 2017

Mr Levi Mochkin

Non-Executive Director

Mr Mochkin is executive director and key leader of the Ledger Holdings Pty Ltd Group (the Ledger Group), located in Melbourne, Australia. Mr Mochkin has been in the resources sector for over 28 years advising companies, identifying projects and raising capital of over A$800 million for mining projects.

Mr Mochkin was appointed a Director on 3 April 2006. During the three-year period to the end of the financial year, Mr Mochkin has not held any other directorships in listed companies.

EG1

Prospectus

Business Development Services – Ledger Holdings Pty Ltd

The Company entered into a consultancy agreement with Ledger Holdings Pty Ltd (Ledger) on 25 October 2022 (Ledger Agreement). Pursuant to the Ledger Agreement, Ledger will, through its consultant, Mr Levi Mochkin, provide business development services to the Company. Ledger will be paid a monthly fee of

A$7,000 exclusive of GST to be paid on monthly basis following the receipt from

Ledger of a valid tax invoice.

EG1 Percentage of undiluted shares held:

Lisa Dawn Mochkin 12.43

Cadence Minerals PLC 8.74

Piedmont CEO Keith Phillips had meetings planned with thirty-six mining companies all in Australia as of February this year,

Plus!

Lithium buyers eye cheaper early-stage deals in Australia

https://www.reuters.com/markets/deals/lithium-buyers-eye-cheaper-early-stage-deals-australia-2023-08-22/

Emerging Australian lithium companies are witnessing a surge in buyouts

It’s reasonable to believe EG1 are under the radar and news could drop at any time on that front - IMHO

Blimey, a full 24 hours without a single post………….. Well, almost!

EG1 for me has great potential for interest from established miners, Piedmont is high on my list and add to that EG1 can plan any Finniss developments with some hindsight off the back of CORE -

https://www.mining.com/web/tesla-warns-core-lithium-of-possible-legal-claim-on-failed-supply-talks/

Given the way lithium production in SA is becoming very political Australia must be seen as a safer bet,

https://piedmontlithium.com/piedmont-lithium-amends-agreement-with-tesla/

Perhaps a materials processing plant in Darwin would fit in well to ship Carbonate and hydroxide, Piedmont certainle looks to be shaping up to become a major:

A good read for LTH's who understood where the lithium demand was heading.

https://www.mining.com/momentum-builds-for-piedmont-lithiums-ambitious-production-plans-as-portfolio-expands-in-africa/

That's interesting,

along with the submission of a proposed payment plan to Mina Tucano's creditors which, if approved and confirmed by the court, will see operations resume in Q4´23 and make Mina Tucano the largest employer in the state of Amapá, Brazil.

https://finance.yahoo.com/news/tucano-gold-enters-definitive-agreement-141600559.html

More info on that battery,

https://youtu.be/QqTmpFosWCc

A giant leap in battery development that addresses many of the issues for the transition to EV's, CATL really deserves that number one status.

No doubt this will accelerate EV adoption.

Battery Giant CATL’s New Fast Power Pack to Tackle Range Anxiety Battery can get 400 kilometers range from 10-minute charge Power pack to be commercially available early next year.

https://www.bloomberg.com/news/articles/2023-08-16/battery-giant-catl-s-new-fast-power-pack-to-tackle-range-anxiety?in_source=embedded-checkout-banner

Core Lithium Ltd (ASX: CXO) – Trading Halt

Description

The securities of Core Lithium Ltd (‘CXO’) will be placed in trading halt at the request of CXO, pending it

releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the

earlier of the commencement of normal trading on Friday, 18 August 2023 or when the announcement is

released to the market.

@EV_Bull,

the delay could obviously be down to the terms not suiting Ganfeng and at the same time could be bureaucracy, remember Alfonso Durazo encouraged the Da Luna battery plant to be built in Hermosillo $80m investment

https://expansion.mx/empresas/2023/08/15/de-luna-lithium-battery-adios-sonora-traslada-a-edomex

The CEO of the company, Giovanni De Luna , explained that the changes in the cabinet of the state government in the border entity at the beginning of this year, particularly in the Ministry of Economy, resulted in delays in defining the original location of the investment. This has also slowed down the development of the lithium-related value chain.

"So far, progress has been slow on the part of the authorities in relation to the lithium industry. Therefore, we decided to pause the investment and go in another direction. We are confident that in the future we will have multiple plants throughout the country De Luna says.

I would imagine this strengthens Ganfeng's offering with $1bn -$3bn on the table?

Yes, the YT mentions 55m2, its incorrect if you translate the notes it's as it was 0.55m 2 back in April.

Bacanora Chemco's geotechnical exploration approach involves carrying out 267 drilling for geotechnical analysis in a space of 0.55 square meters for each excavation.

And yes I believe we came to the conclusion the bore holes are for steel works - could be promising but further indications from other sources would be welcome.

@EV_Bull,

I kept the misspelling, they change throughout the YT video with various spelling.

Bacanora Chemco, an entity resulting from the collaboration between Sonora Lithium LTH and Bacanora Treasury Limited, plans to carry out a geotechnical analysis at the El Sauz and Fleur 1 lithium mines, which are located in the municipality of Bacadéhuachi, Sonora. The area investigated in the geotechnical study project is located entirely in the region delimited as Li-MX 1, a sector designated for lithium extraction in Sonora. According to data provided by Bacanora Chemco,

Bacanora Chemco S.A. de C.V. Mexico - lithium processing

Https://expansion.mx/empresas/2023/05/09/primera-produccion-litio-sexenio-2028

Taddei refuses, again, to give more details about the talks because he affirms that they are private, but says that there are at least five in progress and that before the end of the first half of the year there could be an announcement about what will happen to the deposit in the La Ventana ranch, in Sonora, the site in the country that already has the most advances for the production of the metal and whose works have been led by Ganfeng Lithium.

six weeks of further talks perhaps?

Https://youtu.be/o7HWIlKhTkI?t=429

Translation from link:

All these details are provided by Bacanora Chenko, these works enhance the greatness of our nation Mexico and arrive energetically at a crucial historical moment, generating hundreds of thousands of jobs

Of course treat with caution, but now is a good time for all involved to play catch up.

BACADEHUACHI THE TOWN FLOODED WITH LITHIUM BEGINS SCIENTIFIC INVESTIGATIONS SENT BY AMLO

https://www.youtube.com/watch?v=o7HWIlKhTkI

20 hours since posted 4.6K views

Similar to the Forbes article in April on the geotechnical survey – but are we ready to go!!!!

At 5:20 it says both concessions are owned by Bakanora Chenko

https://youtu.be/o7HWIlKhTkI?t=320

It does imply things are about to start leading to hundreds of thousands of jobs!

The Forbes article from April:

https://massinformacion.com.mx/2023/04/11/investigacion-geotecnica-en-las-minas-de-litio/

Hope so!

Good to see another player Lithium Plus Minerals (AUS $1bn mcap) bordering CXO with a drill programme underway plus some historical samples - CATL hold 9% - there's an interesting table at 3:48 - BP33 is clearly the sweet spot -

https://www.youtube.com/watch?v=HDGd_REfLaU&t=135s

I wouldn't be surprised for EG1 to have interested parties ready to make a move - worth repeating what CORE have stated:

• BP33 is cornerstone asset which underpins the broader business - that table!

With the activity around lithium at the moment!!

Https://mexicobusiness.news/trade-and-investment/news/japanese-businesses-continue-eye-mexico-investments

It is important to note that Japanese investment in Mexico had been decreasing in the past five years; however, Japanese businessmen are realizing that electromobility is rapidly advancing worldwide, and their business in many countries, such as Mexico, should be ready to make the change. Electromobility industry suppliers must be developed very soon.

Indeed @Zoom56, there must be mounting pressure for the local supply of lithium and batteries.

No to BRICS, Surprisingly!

https://thedeepdive.ca/mexico-says-no-to-brics-membership-as-it-looks-to-reinforce-treaty-with-north-america/

President AMLO emphasized that his administration’s foremost priority is building upon the accomplishments of the July 2020 US-Mexico-Canada Agreement, which succeeded the North American Free Trade Agreement (NAFTA). This commitment aligns with the fact that nearly 85 percent of Mexico’s exports are directed to the United States and Canada.

“Our primary objective is to reinforce the treaty with the United States and Canada, thereby solidifying our stature as a unified region,” underscored the Mexican President. He further stressed the significance of collaborative investments, technological advancements, and a shared labor force among these three nations.

Highlighting recent achievements, President AMLO noted that Mexico has ascended to the position of the United States’ top trading partner, a development that transpired in May.

And the EG1 BOD are delivering with IRIS up 44% today on news in the US project, it goes a very long way the confidence in the BOD and I'm confident they will make a success with EG1, well given BP33 is so important to Core.........

https://hotcopper.com.au/threads/ann-diggers-and-dealers-presentation.7515193/

BP33 UPDATE

• BP33 is cornerstone asset which underpins the broader business

Such potential with practically the same team!

A good account of the state of Mexican politics:

https://www.chathamhouse.org/publications/the-world-today/2023-08/mexico-election-race-succeed-amlo-has-started