Member Info for MajorOak

Bought some top up again this am as I said I would , so thats another £10,000 in the last 3 weeks on these new lows around NK31-32.00. Just like the new high lows at NK15-16 & NK22-23.00. NEL will soon move on towards NK38-40.00 in the short term with my year high preduction of NK50.00-60.00 once the factory is producing 166 ELECTROLYSERS PER DAY !!! Someone will be buying them.

"1.25MW and 2.5 MW (246 and 492 Nm3/h) configurations respectively. The new products are integrating Nel’s newly developed 1.25 MW PEM cell-stack, allowing for higher capacities per unit and lower cost. The platform allows multiple units to be integrated easily in the field, which was a key consideration during the development."

With the Fully automated factory to open this year , 24/7, 166 ELECTROLYSERS PER DAY, I would imagine this is the start of the sales push to build up PRE opening production requirenents ?

HYDROGEN launch the MC250 and MC500, representing automated MW-class on-site hydrogen generators utilizing a modular containerized design for ease of installation and integration. Nel is pleased to expand our product offering with additional two world-class hydrogen generators and we are already experiencing significant interest for these solutions in the market,” says Filip Smeets, SVP Electrolyser Division of Nel."

HYDROGEN NEWS.
Nel’s newly developed 1.25 MW PEM cell-stack, allowing for higher capacities per unit and lower cost. The platform allows multiple units to be integrated easily in the field, which was a key consideration during the development.

“We are paying close attention to the market and our customers’ needs. With the containerized M Series Proton PEM electrolysers, we are offering the same robustness and reliability of our conventional M Series units, enabling faster and more flexible installation," Smeets concludes.

Up 20% PLL in Oz on last weeks news and Bidens energy cash fund for critical US LITHIUM....you ain't seen nothing yet.

Looking at the bids and offers they will be short of shares in 30 mins.

Piedmont Lithium on ASX 63c to buy now up 13%.
Same as ARB, the US market will be buying / putting orders to buy PLL on the ASX tonight to supply US trading tomorrow. True worth per share when diluted based on lower 13m shares in issue @ US$40.00 , US$500m.
Dilute @ US$40.00 per share covers CAPEX and a bit more spare to build the mine :-))))

32 m shares in issue and with all spend / expenses all in at US$5,000 per Ton. Low Lithium Carbonate price of US$10,000 ,will be more for lithium hydroxide.
US$8 BILLION PROFIT from 20 year life of mine , low lithium price inc high cost per ton, so looking like back of fag packet US$180.00 per share.

Takeover incoming I would guess, still 100% owned teehee.
18-24 month hold. Literally ROCK SOLID.

Enjoy and cut at your profit target. I have 27.00 ave and from previous experience will be holding until September October and my "guess" is sold to the heighest bidder !

16%. Tyson try 0VIK - thats zero VIK to pick up my research on Standard Lithium up 8% and Piedmont.

Oh toneman, I was going to top up tomorrow.

Its nel day on 21st. Sp should move up I would expect rumours to result in uptick in to next week.

Up 12% now was 8% when I started the last post hahaha
Piedmont Lithium !

Tyson Piedmont from my working $187.00 per share fair value including $800m CAPEX ( only need max $500m ) so I have allowed an extra $300m dilution.
Dilution by 20m new shares say @ $40.00 per share.
32m shares in issue then. See Standard Lithium here and I have done my back of fag packet workings. Happy to be told its wrong, plus the rumours I am seeing in Australia about the repatriation of shares back to the US. Teehee.
Bought a shedload more today and a few thousand on ASX last night @@.

Currently approx 13 million shares @ approx $40.00 per share = $520,000,000.
What would dilution or buyout price be ?
20,000,000 for dilution @ $40.00 = $800,000,000.
33m shares at $8,000,000,000 for the 20 years life of mine less costs the share price should be around $187.00 per share based on profit and CAPEX / Expenses.

$187.00 per share Piedmont Lithium.

Approx $8BILLION PROFIT for LOM. Equal to approx $400 MILLION profit per year give or take. That is clear profit.
Even if they are 25% out on costs $300Million profit per year.

US LITHIUM PIEDMONT up again 8.5% .... dyor. Tipped this at $27.00. If you read the ASX forums the move to US repatriation makes it easy for 2 possible reasons :-
1 - Easier to gain the finance US Critical Asset being financed by US funding and state
2 - Takeover ! Hardly any shares and 100% owned with Tesla as first off take partner.

Australia investors are a different breed. They love mining and are very knowledgable and also most take no S##t on the forums. If you get a ramper or some BS they soon hammer the poster so great for actual facts.

30-40% seem to think the location of Albemarle's Kings Mountain Lithium Rock mine 17km down the road ALREADY with a Lithium processing plant are and have shown interest , thus the request for repatriation. 17km down the road and full processing plant, Albamerle being one of THE global lithium majors, why would they not be a partner or buy it out BEFORE dilution for finance and off take partners ?
Any news on off take partners or Tesla buying more will only push up the price ? Make's it more expensive to buy out ? It makes complete sense.

The other buyout rumour is Tesla with what I think they are calling the "Terragigawatt" lithium battery factory is already starting construction !!!

https://www.google.com/amp/s/www.forbes.com/sites/billroberson/2020/07/27/that-was-fast-teslas-new-austin-terafactory-prep-already-underway-as-stock-continue-to-soar/amp/

Basic 80,000 tons of Lithium Carbonate ONLY (cheaper than hydroxide so you can ramp up the true price but conservative estimate here) PER YEAR.

80,000ton p year @ $10000 per ton ave X 20 LOM (Life Of Mine) = $16,000,000,000 BILLION minus costs of $5,000 per ton ( again could be less & I used only $10,000 per ton value on lithium Carbonate which could also be higher) approx
$8

.... Buying tomorrow so dyor as I will post after I got more.

"Preliminary Economic Assessment prepared by Advisian, a consulting arm of Worley Parsons, released June 18, 2019 considers the production of battery-quality lithium carbonate through a phased build-out to a total 20,900 tonnes per annum (tpa) from the contemplated joint venture with Lanxess AG at their three-operating bromine-processing plants.
Key Points:

Annual production: 20,900 tonnes lithium carbonate (1)
Plant operation: 25 years (2)
Total capital expenditures estimate of US$437 Million (3)
Non-optimised reagent cost per tonne lithium carbonate of US$3,107
All-in operating costs, including all direct and indirect costs, reagent, sustaining capital, insurance and mine-closure costs of US$4,319 per tonne of lithium carbonate (4)
Average selling price $13,550 USD per tonne battery quality lithium carbonate (5)
Pre-tax US$1.3 Billion NPV at 8% discount rate and IRR of 42%
Post-tax US$ 989 Million NPV an 8% discount rate and IRR of 36%
Resource upgraded to 3,140,000 tonnes Lithium Carbonate Equivalent (LCE) at the Indicated Category

Notes:
All model outputs are expressed on a 100% project ownership basis**
[1] Total production, using existing brine supply rates at the completion of Phase 3
[2] Plant operation commences upon completion of Phase 1
[3] Includes 25% contingency of both direct and indirect capital costs
[4] Includes all operating expenditures, including sustaining capital and allowance for mine closure
[5] Selling prices ranging between US$10,840-16,260/tonne were modeled as part of sensitivity analysis

** 70/30 JV in favor of Lanxess AG with an option for Standard Lithium to achieve 40% subject to attaining certain milestones"

https://www.standardlithium.com/projects/arkansas-smackover

Standard Lithium now process lithium carbonate within 36 HOURS
"In the conventional process for lithium extraction from brine, the lithium-rich salt water is pumped to the surface and deposited into a series of massive ponds that occupy many thousands of acres where passive solar evaporation occurs. This process can take anywhere from eight months to greater than a year. After the water has evaporated, and other minerals have been precipitated out through the addition of chemical reagents, the remaining lithium enriched solution is transferred to a plant where additional unwanted elements are removed from the solution. It is then chemically treated to create the final product of lithium carbonate, or further processed to lithium hydroxide. This entire process involves pumping millions of gallons of brine per day to the surface in some if the driest and most fragile eco-systems, the process is also very inefficient with lithium recoveries of roughly 50%, leaving much of the precious material unharvested. The removal of massive volumes of brine can also impact nearby freshwater aquifers exacerbating existing water shortages, and the evaporation process leaves huge salt tailings piles.

A new, modern approach to how we extract and process critical minerals like lithium is overdue. STANDARD LITHIUM are making a move on the market supply of Lithium Hydroxide.

"President and Chief Executive Officer, commented: “We are excited by the continued positive news on the exploration front. In 2019 we increased our Mineral Resource Estimate from 16.2Mt @ 1.12% to 27.9Mt @ 1.11%, and we believe there is significant potential for further increases. The Carolina Tin-Spodumene Belt is one of the world’s largest spodumene occurrences, and as we continue to build our land package and have exploration success, the potential for mine life extension or throughput expansion will be an important area of focus.”
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2224-nasdaq/pll/72470-piedmont-lithium-reports-new-spodumene-pegmatite-discoveries-and-final-phase-4-drill-results.html

All the historic data you could want from the US Geological Survay. Previous grades , tonnage, depths etc confirming the seams found at Piedmont.

Grades above 0.5% are ok. Anything above 1.0% Li is good. Anything above 1.5% and its a good high grade mine.

Li 1.9% in places.

https://mrdata.usgs.gov/mrds/show-mrds.php?dep_id=10078252

An important feature of the Core MRE, is that 74% or 18.6 Mt is located within 100 meters of surface. The details of the MRE with regards to depth from surface are shown in the table below.
To date, drilling on the project’s 1,004-acre Core property consists of 326 holes totaling 51,047 meters. The MRE utilizes all 326 holes. In general, drill spacing ranges between 40 – 80m. Dike areas tested by drilling at 40m lateral and downdip spacings were eligible to receive an Indicated resource classification, whereas areas with wider spacings received an Inferred resource classification.

Hardly any depth so this will keep CAPEX low, a definate advantage.