Member Info for L0ngterm

Looks great, maybe I missed on the image, and this could relate to the operational query. The modular units are to be installed and operational for training, offtake kicking off production earlier are they not?

I am more curious on how the deal will be structured, as they have plenty of lessons learned from other regions, especially when it comes to pricing floors/ceilings etc. Kim

I am more curious on how the deal will be structured, as they have plenty of lessons learned from other regions, especially when it comes to pricing floors/ceilings etc.

As long as they land between 70-100m in the bank account. I do however think we will somehow end up with 2 deals equating to 100 million.

Check out Dwayne’s sparks post on x. Lots of discussion and head scratching about how it could not be financial feasible long term, 6 x more required and tailings etc.

https://x.com/sparkes_dwayne/status/1734387808083784068?s=46&t=gJ40HEpUT4gYZeQiLJHwfw

Tesla, the world’s leading electric vehicle manufacturer, recently announced that its clean energy storage business, Tesla Energy, is slated to expand even faster than its car production in 2024.

Tesla’s Q4 and FY 2023 Update noted that total energy storage deployments reached 14.7 gigawatt-hours in 2023, a 125% increase compared to 2022, reflecting a more than 50% revenue increase — and that growth is showing no signs of stopping.

Tesla aims to double its energy storage deployments once again this year to meet surging demand for its Megapack

https://www.thecooldown.com/green-business/tesla-energy-storage-business-expansion/

If it is an old meeting then it’s a mute point in the grand scheme of things, as we know MIIF have 5 million held in escrow and ratification is the key.

Feeling we may have a rise day today, or did I just curse it. Gla

Saudi energy minister pins Aramco’s oil capacity halt on green transition.

https://www.cnbc.com/2024/02/12/saudi-energy-minister-pins-aramcos-oil-capacity-halt-on-green-transition.html

I see compass have stopped there UTAH salt lake project for environmental and financial reasons (sunk costs 77 million).

The head winds for supply constraint kicking in it seems.

This also explains Assore bid, we have a 100% ownership and Assore could have had that at least at extremely cheap price., moved PLL off the pitch with just a delay.

Thank you, and it is always nice to see a company that has a sensible JV contract that at face value puts us in the driving seat with risks/mitigation open.

Maybe I am a little biased :-), valid point though. I also just entereed 10 millio. For the modular units and not sure what was projected/projected.

I suppose the point being that, the project timelines seem achievable, and the finances are in line to keep momentum going.

Worse case PLL forfeit and it may not actually be as big an impact.

Or 75% of costs will be in place for building the plant sooner than we think?

as per the subject, so ball park 43 million delta, and that would leave still 50% off take and miif sole partners? what ilan i missing (loads i bet lol)

*** packet maths:

off take: assume 100 million deal

miif: 28 million

modular dms: 10 million?

target: 185 million

delta: 43 million

I have a feeling this is all about the MIIF deal 20p and once ratification completed, boxes ticked then we may see a move upwards. I guess Similar to any other normal raise (but what do i know).

Positively it seems that market are viewing a rise in prices for lithium overall, hopefully that raises sentiment. Gla

Also noting that LG own 5-6 percent of PLL, by investing 75 million in. Them last year.

https://chargedevs.com/newswire/lg-chem-invests-75-million-in-piedmont-lithium/#:~:text=Battery%20manufacturer%20LG%20Chem%20will,5.7%25%20of%20Piedmont%20common%20shares.

That’s a big deal LG just signed 18 billion, and GM back in for EVs.

https://x.com/lithiumionbull/status/1755444862311162074?s=46&t=gJ40HEpUT4gYZeQiLJHwfw

On price:

the ratification is one key element.

Market down as spud price is down.

Sentiment down as lithium isn’t a mature market so nobody can clearly call tops/bottoms etc.

China is opaque so it’s also hard to make judgements currently. (Will be interesting to see who is in for offtake).

Loads of noise about Evs yada, which doesn’t help. (Personally think that’s just due to people feeling forced down a path, and backlash).

Key point though is that everyone here agrees we will be worth a lot more, it’s just when will that be.

Gla

Well spotted and possible a subtle nudge from Atlantic gave them a driver to provide more clarity.

Well Len seems happy with the drilling and looks confident in the upgrade that will follow.

https://x.com/atlanticlithium/status/1754828559640670401?s=46&t=gJ40HEpUT4gYZeQiLJHwfw