Member Info for jimb2

Looking ahead to 2028:

HAS will have been producing REM's for four years

EMH likely to have been producing for three years

Evergreen likely to have been producing three to four years

Amapa three to four years production - by new owners maybe

Ganfeng producing from our concessions due to ramp up to in excess of 75.000 tonnes - hydroxide, Carbonate and exporting lithium metal globally to solid state battery customers.

32p- 57p today looks very cheap as the lead up to the above sees periods of spiked growth in the share price - dividends galore by 2028 as bonus.

Strange, I don't recall an RNS adding a new board member?

https://www.edisongroup.com/research/a-mispriced-miner/32481/

Written by

Andrew Keen

MD - Head of Content, Energy & Resources, Industrials

Andrew joins Edison in December 2022 as MD, Head of Content, Industrials, Energy & Resources. He has recently been an industry consultant on issues including decarbonisation, critical minerals and long-term structural change. He previously led metals and mining research at a number of financial institutions and began his career in the Australian mining industry. He holds a BSc (Physics) and an MBA.

Now, will that JV materialise?

I also note the press coverage of late in Mexico questioning why no progress has been made developing lithium - cringe worthy!

talking of math, 91% down your last AIM tip you gave me - I'll side with Andrew Keen's views.

@Struv, it's even better than @maddog38's optimistic post suggests:

(Posted by @EV_Bull on July 6th)

Cadence Minerals is a mining-focused investment company with unlisted investment assets that the market appears to be clearly mis-pricing. Its portfolio of public equities accounts for £10.2m of its £12.7m market cap, leaving an implied combined value of £2.5m for its 30% stake in the Amapá iron ore project and its minority stake in the Sonora lithium project. In our view each of these is worth more than this, and we believe a conservative base-case valuation of both to be £45m or 26p/share at their current stages of development. This values Cadence at 32.2p/share, more than four times its current valuation. Our high-case valuation is 57p/share.

@MJFMSG,

Ganfeng's activity leads me to think so, lithium metal production and Sonora ticks all the boxes for me, well this is impressive!

Ganfeng Lithium sees remarkable advancement in Chongqing-based solid-state battery project

https://autonews.gasgoo.com/new_energy/70023260.html

According to the plan, the entire civil construction of the first phase of the project will be completed this August. The total annual output value of the project will exceed 20 billion yuan, creating over 4,000 new jobs," said Peng Lin.

It's worth mentioning that Gangfeng LiEnergy has also signed a cooperation agreement with SERES Auto. The first batch of the SERES SF5 vehicles equipped with solid-state batteries produced by Ganfeng LiEnergy’s Chongqing project will be delivered to users at the end of this month.

In addition to these efforts, the project will also establish a solid-state battery research and testing center in Liangjiang New Area and attract 800 high-level talents nationwide to focus on improving the energy density of batteries and other core technologies.

** I think they will be first generation so likely to be semi solid.

Of course that's if Ganfeng does get the go ahead,

Battery breakthrough,

https://interestingengineering.com/transportation/toyotas-solid-state-battery-breakthrough-reduce-costs-and-size-by-50-percent

Not news anymore as every big player has similar news whether their own Tech our through partnerships with the lead battery manufacturers'

There's' going to be an enormous shift to Solid State and Ganfeng would be in a great position to produce lithium metal in Sonora if all goes ahead.

Lithium from Sonora was reported as amongst the highest purity that many potential Asian customers had tested.

No problem @docmarten75 easily done with place names,

I do believe the Mexican gov realise the Sonora concessions are the jewel in the crown and far more advanced than any other projects, there is some activity in other projects but probably five to ten years away if they do indeed get to battery grade lithium production:

https://mexicobusiness.news/mining/news/silver-valley-metals-advances-partnership-talks-litiomx

Silver Valley Metals Corp. announced advances in the negotiations with LitioMx to form a partnership that will allow the exploitation of lithium and potassium deposits in Zacatecas and San Luis Potosi. According to the company, the negotiation solely focuses on the lithium component of the deposits, which represents a calculated resource of 243,000mt of lithium carbonate at an average depth of just 5m

https://mexicobusiness.news/mining/news/advance-lithium-enters-discussions-litiomx-joint-venture

Advance Lithium Corp. announced that it is in talks with the state lithium company, LitioMx, to create a joint venture. The objectives of both companies are aligned as both countries are seeking for Mexico to become a lithium mining country as fast as possible.

Advance Lithium has lithium and potassium salt lakes in the center of Mexico, trapped in clay deposits that start right at the surface. The company has the rights to use a patent-pending lithium and potassium extraction method at its salt flats, adding water to the clay and agitating it to release the lithium and potassium from the clay. The process uses electrical separation for a concentrate of lithium, potassium and water to be produced. In the end, an organic compound is added to the concentrate to separate the lithium and potassium from the water.

GL

@docmarten75, sorry to disappoint,

The Tesla Gigafactory will be in Monterrey in the State of Nuevo León, nearer to Texas than Hermosillo.

GL

1.

I’m still undecided, there’s a possibility July 14th will be based on the 95% progress that CONACYT are suggesting in terms of having a process for extraction of their own.

Regarding lithium, he recalled what he said on Saturday in the Zócalo when presenting his quarterly report and during the celebration for the fifth anniversary of his electoral triumph, in the sense that the **National Council of Science and Technology has 95 percent in the progress of research to separate clay from lithium**

**That’s better known as CONACYT**

https://mexicobusiness.news/mining/news/litiomx-work-together-conacyt

Following the official creation of Litio Para México (LitioMx), President López Obrador continues to adjust details regarding the company’s structure and its relationships. López Obrador floated the possibility that the National Council for Science and Technology (CONACYT) could support the recently-created state lithium company.

During his Fourth Governmental Report, President López Obrador announced that CONACYT, an institution whose main objective is to promote scientific research and technological modernization in Mexico, will help LitioMx to identify infrastructure and human resource capabilities. With CONACYT’s support, the company can then integrate its research and development (R&D) approach into the lithium value chain.

The decision is in line with Article 6 of the decree that created LitioMx, published in the Federal Official Gazette (DOF). According to the article, the company must manage and control all the required activities for the production, transformation and harnessing of lithium. ****For this purpose, the company has the agency to associate with private and public institutions alike to further its agenda****

2.

**** this suggest collaboration with private companies****

Here A_L.O says Maria Elena Alavarez gave him news that they have 95% progress in separating lithium from clays;

From around 45 secs – subtitles on Spanish – then Subtitles - auto translate to English:

https://www.youtube.com/watch?v=E5yFqheA1R8&ab_channel=MILENIO

It's not clear to me if it's collaborative?

And @EV_Bull,

if a sale of Amapa was on the cards would the bank debt be cleared without the stockpile having to be shipped, are the banks holding back for a one-off payment?

Adding to the post by @Zoom56

well, the odds of Sonora lithium extraction being discussed on July 14th must be very high considering the last **sentence, quite possibly the news Pablo Taddei spoke about for La Ventana in May.

:

Taddei refuses, again, to give more details about the talks because he says they are private, but says 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 at the La Ventana ranch, in Sonora, the site of the country that already has more advances for the production of the metal and whose works have been led by Ganfeng Lithium.

https://www.jornada.com.mx/notas/2023/07/04/politica/pedira-amlo-a-su-sucesor-impulsar-el-plan-sonora/?from=homeonline&block=ultimasnoticias

A_L.O

Regarding lithium, he recalled what he said on Saturday in the Zócalo when presenting his quarterly report and during the celebration for the fifth anniversary of his electoral triumph, in the sense that the National Council of Science and Technology has 95 percent in the progress of research to separate clay from lithium.

**"This is a great advance for Sonora, it will mean a lot, lithium belongs to the nation and a strategic mineral for the creation of materials."

https://mexicobusiness.news/mining/news/gangfeng-lithium-line-invest-litiomx

Alfonso Durazo, Governor, Sonora, shared that the Chinese company Gangfeng Lithium is open to invest in the state company LitioMx. Gangfeng is interested in investing in the exploration and exploitation of lithium in the state.

https://fronterasdesk.org/content/1818417/visit-bacanora-lithium-facility-gov-durazo-says-metal-key-sonoras-future

Gov. Alfonso Durazo toured the facility with Pablo Taddei, the head of the newly formed state lithium company Litio para Mexico. The pilot processing plant is owned by Bacanora Lithium, which is controlled by the Chinese mining giant Ganfeng.

“There is a great richness of lithium in our state,” Durazo said. “And it represents a great future for the state.”

A lithium nationalization measure was approved in Mexico earlier this year, and several months later Litio para Mexico was created. However, during his visit, Durazo noted that the company will be able to work with private companies in lithium development.

You Know @Zoom56,

I don't believe the photo shoot at La Ventana did ever happen or at least as planned.

And as far as squeezing the Chinese out:

https://mexiconewsdaily.com/business/chinese-carmaker-jetour-to-invest-up-to-us-3b-in-mexico-plant/

Chinese state-owned automaker Jetour intends to invest around US $3 billion in Mexico to install a plant at which electric and gasoline-powered vehicles will be made.

Could be anywhere!

And the Ganfeng concessions have not been expropriated!

Well according to a senior mining official, he believes an agreement must be in place between Ganfeng and the Mexican gov - his words and opinion and just policy may stand in the way.

Https://miningmexico.com/tecnologia-para-explotar-el-litio-lleva-avance-del-95-amlo/

President Andrés Manuel López Obrador stressed that the creation of the new technology for the exploitation of lithium has progressed by 95%.

At an event in the Zócalo , as part of the celebration for the fifth anniversary of his victory in the 2018 presidential elections, López Obrador reiterated that lithium belongs to the Nation.

“In the creation of the new technology for the exploitation of lithium, we have already made progress of 95%. I only remind you that lithium belongs to the Nation, ”he stressed.

I think A_L.O is referring to the Advance lithium process, not been tested on any scale or proven to produce economically battery-grade lithium

“Based on our discussions with LitioMx, I believe there is a path to making a joint venture happen in the near term. Battery manufacturing is ramping up in Mexico and domestic source of lithium to supply the coming demand will be crucial. We believe we have the potential to be part of these efforts and working with LitioMx would be the quickest way to make that a reality,” said Allan Barry, CEO, Advance Lithium.

The company also reported that a demonstration plant is currently being built in Zacatecas by a group of metallurgists with experience working for major Mexican mining companies. The private company will use the plant to show potential partners, shareholders and other parties its method to extract lithium and potassium.

And more from BYD:

https://www.mining.com/web/byd-picks-brazil-for-its-first-ev-hub-outside-asia/

BYD Co. will invest 3 billion reais ($624 million) in Brazil to build its first electric-car plant outside Asia as the Chinese giant seeks to extend its geographical reach amid a global surge in sales.

The fully-electric and plug-in hybrid maker — which rivals Tesla Inc. as the world’s largest producer of EVs — plans to build a production complex in the northeastern state of Bahia, according to a statement on Tuesday. The facility will include hybrid and electric car production, a unit focused on chassis for electric buses and trucks, and one to process lithium and iron phosphate for the international market. Operations are expected to start by 2024.

Bolivia, Argentina, and Chile are signing up big contracts and securing a future in lithium, you have to wonder how long Ganfeng will remain silent or for the Mex gov to get on board.

https://expansion.mx/empresas/2023/07/03/litiomx-sin-acercamiento-empresarios-mineros

Almost a year after its creation, LitioMX and Camimex still do not have a rapprochement

https://www.bloomberglinea.com/english/chinas-ev-giant-byd-takes-next-steps-on-huge-lithium-project-in-chile/

China’s EV Giant BYD Takes Next Steps on Huge Lithium Project in Chile

I see the positive news of HAS up 12% gets one rec and the negative news from EMH down 12% gets three -

good job I voted @degsie up, sorry @degise I only have one account!

That's a welcome change @Ashwaldo,

just three days ago you were saying:

The production news has to be extremely positive and any JV news has to be mindblowing. Anything less and this will just sink.

To be honest I like the upbeat mood here and so I had a little punt myself yesterday:

20,035.0000 £455.99

53,023.0000 £1,259.99

Only because of you though!

So you deserve a rec from me and if this gets to 38p I'll get you a bottle of bubbly!

Kind of you to ask MJFMSG,

traveling today but will keep my on on the bb's, a very interesting pattern of posts of late on here and other bb's, like going back two or three years for troll activity, I suppose market conditions suit!

That's why there's a filter option, don't feed the ducks, me duck!

LSE should have a verified ID symbol - regardless of whether they are a paid-up account, really simply have the option to enable two-factor authentication at login and a symbol of 'Verified' next to a user - I would Filter anyone not verified.

Posted by thefrogster on another LSE BB in January 2022, it did have an impact for a few days or maybe weeks - the trolls don't like it:

I remember when I was a kid and I used to get taken to the park to feed the ducks with some bread. As soon as I started to throw bread in the water, a few ducks started to swim across and before I knew it, there were dozens there in a feeding frenzy. As soon as the bread was finished, they all disappeared. This is exactly what’s going on here – stop feeding the duckwits and they will eventually duck off. Every time I log on, I see a screen of green but more and more recently, all I see is the responses from people feeding the ducks and it’s getting as bad as looking at the duckwits themselves. I repeat – stop feeding them – please

#######

It did work very well for a while!

I don't believe the EV transition is stalling:

https://cnevpost.com/2023/06/29/gac-aion-aims-500000-ev-sales-2023/

https://thedriven.io/2023/06/02/byd-posts-record-electric-vehicle-sales-in-may-as-it-chases-down-tesla/

Tesla along with BYD will wipe out ICE in the coming years and the other manufacturers have little choice but to try and compete, China is leading in battery tech by a long way,

Ford CEO On EVs: "We See The Chinese As The Main Competitor, Not GM Or Toyota"