Member Info for jimb2

https://www.bnamericas.com/es/noticias/informe-identifica-5-empresas-con-concesiones-de-litio-en-mexico

In the visit that AMLO made last month to the state of Sonora, the transfer of the first lithium concessions to the state company LitioMx, created in August, was planned, but this did not happen.

Someone else noticed!

So you were that sure this would be 10p just a week ago - shameless:

roger65
Posted in: KDNC
Posts: 2,624
Price: 13.25
No Opinion

24 Feb 2023 09:05

~~~~~~~~~~

Mex govt and crony companies and Ganfeng are the only ones who will see any money from a Tesla. Km is probably jumping up in the air waving his arms about furiously outside the office where all the negotiations are taking place but…the no one can hear him, see him or cares anyway.

See you back here when the sp hits 10p. The ride up to 16p was fun

@roger65, you look foolish enough already, why not stick to what you post.

Nice find @EV_Bull,

those concessions?

The state president explained that he will visit Toronto, Canada, to participate in the International Convention of the Association of Mining Prospectors and Developers, which will be attended by up to 30,000 people from 130 countries, and will represent a valuable opportunity to publicize the Sonora Plan .

March 5th – 8th

https://www.pdac.ca/convention

Same thoughts @Barksy1 and @Observer842 and all(clearing the decks) I don't believe that phone call was primarily about water supply for a car plant - and the events with the missed photo shoot at La Ventana!

I also think there might be some incentive form Joe Biden to further address the border issues behind what's about to happen, locals move into the manufacturing jobs leaving a gap in the agricultural job market - Kamala Harris has been working on investments in SA to help prevent mass migration.

GLA

Some commitments will be made known tomorrow by the company Tesla and next week other commitments will be made known - subtitles on - translate to English from 55 secs in

https://www.youtube.com/watch?v=3PYDwvfyGiE&ab_channel=Andr%C3%A9sManuelL%C3%B3pezObrador

towards 8:50 about batteries and semiconductors - A_L.O says Tesla asked about subsidies that he replied was not possible like the US gives for one Peso invested the US government gives 1 Pesos 50 cents -

So how might he incentivise Tesla?

@Zoom56 a follow on from the Arizona post earlier:

https://fronterasdesk.org/content/1837594/sonora-accuses-desalination-company-lack-ethics-governor-says-it-has-made-no

https://www.teslarati.com/tesla-2023-investor-day-livestream/

Well intriguing if you note!

February 18

Arizona Gov. Katie Hobbs travelled to the Mexican state of Sonora on Friday in her first international trip since elected into office.

Hobbs met with other government officials, including Mexican President Andrés Manuel López Obrador and Sonora Gov. Alfonso Durazo. They held discussions relating to cross-border infrastructure and trade.

According to Hobbs, over 200 projects located on Arizona’s side of the border cost more than $12 billion. She said coordination with Sonora, Mexico City and Washington, D.C., would ensure the completion of such projects and create opportunities in trade. commerce and tourism.

Talks between Arizona and Mexican officials will remain ongoing.

A new broom sweeps clean!

Hobbs unexpectedly fires the entire Arizona-Mexico Commission board of directors

https://fronterasdesk.org/content/1839580/hobbs-unexpectedly-fires-entire-arizona-mexico-commission-board-directors

Last week, new Democratic Gov. Katie Hobbs sent shockwaves through the Arizona business community when she canceled a slew of last-minute contracts former Gov. Doug Ducey had secured for them just before he left office — calling them illegal.

Now many of those same folks are reeling again from Hobbs' most recent move to fire en masse the entire board of directors for the Arizona-Mexico Commission. The commission is a powerful body that works to strengthen business and political ties between Arizona and our neighbor to the South and was stacked with influential people on those fronts. Until now.

Intriguing!

It will be this Tuesday when President Andrés Manuel López Obrador, in his morning conference, confirms Tesla's investment in Mexico.

Sources close to the negotiation between the federal government and Tesla confirmed to El Financiero that in the conversation held this Monday between President López Obrador and Elon Musk, an agreement was reached for the company to make its investment in the country.

According to the sources, it was determined that the announcement be made by the President of the Republic in his conference on Tuesday, February 28, for which they did not give details of the scope of the agreement or the location or locations of the investments. of the company

On Wednesday, March 1, as part of Tesla's Investor Day, Elon Musk will offer additional details of the planned investment.

What states are 'fighting tooth and nail' to host the Tesla plant?
These are the states that have signed up for Tesla to settle in:

######

GLA

The path to a totally sustainable energy future for the earth will be presented on March first and the future is bright
https://youtu.be/_mF2pEuadcc

2028, all electric (New Car Sales) and that's my expectation but that could be sooner and that might become clearer on March 1st - j curves, Moore's law...........etc,

Begin with the end in mind - looking back nothing has changed my view that Sonora is the jewel in the crown of global lithium - I don't on purpose refer to the one person who stands in the way A_L.O by name and hope EM screws him down on G'feng getting the go ahead for investors day (I hope).

You have to remember EM has one goal and no allegiance to any nation so my view is I don't believe he will be part of any mining in Mexico that excludes legitimate plans in place by Ganfeng prior to the reforms.

Piedmont might be a good second best with capacity from places like Darwin?

Well EM will be finalising the investors day content and somewhere in Mexico someone just might be getting fitted with an invisible tailored suite ?

@Bannor,

there's a different way to view hybrids and as I posted earlier Nissan will use 'series-hybrids' that I would imagine will still have a substantial capacity battery and the engine is only used when needed to charge the battery and not provide drive:

Nissan Motor Co. said in a statement that it will make practically all its offerings in Europe electric or series-hybrids by fiscal 2026, at 98%.

A series hybrid uses the motor to power the vehicle’s wheels, or powertrain. The engine powers a generator for the motor.

https://europe.autonews.com/automakers/nissan-speeds-electric-transition-plans-new-targets

So 98% will have a battery in Europe and 40% in the US!

And we await the extreme announcement from Tesla that looks to be a new platform mass produced EV, it's good from time to time to be reminded of why many invested in REM/KDNC.

blimey day trader,

that's a sign of a desperate shorting day trader when facts are presented - added a small amount toady that's me above my previous maximum holding.

And good news if this is true:

AMLO wants the Tesla plant next to AIFA, Musk says “it’s Nuevo León or we go somewhere else

https://mexicodailypost.com/2023/02/27/musk-says-its-nuevo-leon-or-we-go-somewhere-else/

I doubt A_L.O wants a legacy of further failure Pemex is in a real mess:

Pemex More Than Triples Loss as AMLO Fails to Revive Output:
https://www.bloomberg.com/news/articles/2023-02-27/pemex-reports-9-4-billion-loss-as-amlo-fails-to-revive-output

FT article, I don't have a subscription:

Amlo’s strongman act is weakening Mexico

https://www.ft.com/content/36038821-aa4e-45db-a173-f97928f4f4c7

President Andrés Manuel López Obrador had to end his morning conference on February 27 early, due to a meeting he has with magnate Elon Musk, who has shown interest in installing a Tesla plant for the production of electric vehicles in the Mexican territory, although the entity that would receive the million-dollar investment is unknown so far.

you never know!

@Bannor

And you don't believe that potentially game changing news will arrive from overseas out of trading hours?

Odd as regularly post from Hotcopper?

Let's see how the IPO goes on March 10th that should be evident by late on Thursday 9th - you don't want to be out of this on March 9th with the IPO RNS likely early Friday.

That's a bonus surely having Core producing:

Core Lithium produces first volumes of high quality spodumene concentrate.

https://www.proactiveinvestors.co.uk/companies/news/1007304/core-lithium-produces-first-volumes-of-high-quality-spodumene-concentrate-1007304.html

Nissan Motor Co. said in a statement that it will make practically all its offerings in Europe electric or series-hybrids by fiscal 2026, at 98%.

A series hybrid uses the motor to power the vehicle’s wheels, or powertrain. The engine powers a generator for the motor.

https://europe.autonews.com/automakers/nissan-speeds-electric-transition-plans-new-targets

So 98% will have a battery in Europe and 40% in the US!

And we await the extreme announcement from Tesla that looks to be a new platform mass produced EV, it's good from time to time to be reminded of why many invested in REM/KDNC.

roger65,

GDR BB this morning:

"Bruno is in my filter box so I can’t see what he’s posted but I think people can safely ignore his rubbish and childish lies"

that's projection!