Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
TVL is currently in advanced discussions with a number of offtake customers, including European gigafactories and electric vehicle OEMs. These customers are increasingly focussed on price, transparency and low embedded carbon, when sourcing high grade lithium products.
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It is fortunate that there are companies interested in TVL's products. :)
No one knows the company better than the management. and management doesn't predict the future of the company either. :)
Even if an investor is in the stock market for a long time, if a new investor makes more money than an experienced investor, the new investor is better at investing than an experienced investor.
In the stock market, the person who makes a lot of money is the "winner".
If you invested in ALK, you invested in a very risky stock.
I am also an investor in ALK.
I hope ALK will do well. :)
I think big players will invest if they find ALK's idea viable. And financial officials will lend ALK money only if it has a binding contract. Traders or mining companies with lithium may invest a little in ALK.
We have to wait for ALK to show us binding documents and money
ALK planned the lithium project and hired John Walker to proceed with the project. Because they actually needed someone who worked for a lithium refinery. and ALK needs someone new because John Walker finished his job at Tees Valley Lithium Ltd.
ALK needs someone to raise funds, manage factory construction, and sign lithium import and export contracts.
I hope ALK will hire good people.
Alkemy is currently in advanced discussions with a number of potential key feedstock suppliers, including both technical grade carbonate suppliers from South America (to supply TVL's lithium hydroxide refinery in Teesside) and spodumene suppliers from Australia (to supply the Port Hedland refinery).
technical grade carbonate suppliers = Maybe allkem(ake.asx)'s Olaroz? :)
I don't know, but I hope they sign a binding contract soon.
They have to sign a binding contract first. Non-binding MOUs are just empty papers.
Many companies announce investments and loans when they announce how to raise funds. But they are not making a detailed announcement.
Even if they have money, machines are not built in a day.
Alk has so much work to do.