Member Info for Joe666

This upwards move is starting to look like more than just a blip now

Looks range bound ATM to me, could go either way but considering the experience and calibre of the BoD my money’s on a news fuelled breakout.

Signing a deal with a Tier 1 auto manufacturer has been mooted. When it comes that should be a massive catalyst for our valuation.

Could be, let's see what price it closes at...

ht
tps.
://t.me
/ironridge (without spaces!)

Part of the problem here is that ANIC is the only cow in the field, so we can expect it to be milked hard by the owner! Until there's other investment options we have to give Jim what he wants in order to get a slice of the action, that's a downside to this share. Ultimately we have 3 options, Buy, Sell or Hold, beyond that it's out of our hands. Having said that if we continue on the growth path set in last 12-18 months for another 3-5 years I won't have any complaints. Big picture and all that...

As we all know though, battles are won with hearts and minds

https://bit.ly/31royMh

Telegram group for those who are that way inclined https://bit.ly/3rfTQzZ

Cracking first week with some big developments early doors. I reckon there’s plenty more to come over the next few months. Tough market conditions ATM but quality will shine through.

I'm in

SECURING TECHNOLOGY-CRITICAL METALS FOR BRITAIN

https://www.birmingham.ac.uk/documents/college-eps/energy/policy/policy-comission-securing-technology-critical-metals-for-britain.pdf

Great resource for anyone interested in critical raw materials and an unequivocal endorsement of the TM1 business case #notbonkers

Cheers Dumbo, some good points on MKA and juniors in general. Processing efficiency will be a big win for Pensana with so much of the refining being done at mine site using locally available reagents. No other western RE project has metallurgy expertise that comes close to Pensana's - we're on track to become the lowest cost producer outside of China. The potential is world-class, we just need appropriate funding to unlock it.

https://www.iea.org/reports/global-ev-outlook-2021/prospects-for-electric-vehicle-deployment

"In the Stated Policies Scenario, the global EV stock across all transport modes (excluding two/three-wheelers) expands from over 11 million in 2020 to almost 145 million vehicles by 2030, an annual average growth rate of nearly 30%. In this scenario, EVs account for about 7% of the road vehicle fleet by 2030. EV sales reach almost 15 million in 2025 and over 25 million vehicles in 2030, representing respectively 10% and 15% of all road vehicle sales."

Clearly the above scenario from IEA will result in battery metal demand that simply cannot be met by mining alone. The recycling industry will be a huge growth sector over this decade which is part of the reason why Redwood Materials is valued at $3.7 billion USD. This is currently an underdeveloped sector in UK and EU, TM1 will benefit by being early to market and production. The mining side adds supply security to their offtake package which will cover all major battery metals.

https://www.forbes.com/sites/mergermarket/2021/11/03/demand-for-metals-charges-up-lithium-ion-battery-recycling/

https://www.nature.com/articles/s41586-019-1682-5

https://bit.ly/3qS8JZ9 link to Tech Min Telegram group

Dumbo, genuine question: What prompted you to sell out of MKA?

I've set up a Telegram group open to anyone shorturl.at/fhsC9

Certainly a sector that’s attracting increased attention as decision makers realise that the green transition will require a ramp up for junior mining projects

https://www.amvestcapital.com/webinar-directory/pensana111721

SunDrum - The least UK tax payers should expect is that ATF did basic DD before handing over £1m of government money for this ‘study’

SunDrum - seems a pretty fair assesment of where we are right now, only thing I didn't follow was your refernce to VV, a quick Google took me to this https://www.youtube.com/watch?v=0Y3qjfAMDsY