Member Info for MajorOak

Https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/pilbara-minerals-planning-to-acquire-altura-lithium-project-for-175m-60956730

https://kordamentha.com/insights/behind-business-mining

“The North East of England has a real depth of history and talent in manufacturing and engineering. I recently spent time in the area to get to know the people and the site, and I was struck by the similarities to our Recharge Industries™ site in Geelong, Australia.

“I was really taken by the passion and pride that the people have for the region and their determination to get behind a project that can drive lasting change. We have the right plan in place, to match and support the region’s energy and ambition to become a major player in the international battery market.

“We would like to thank all of our global advisors who worked tirelessly with us to deliver this transaction. From Australia, KordaMentha and 333 Capital who led the negotiation as the Lead Financial and Restructuring Advisor; the London team from Sidley Austin LLP as Legal Counsel and PricewaterhouseCoopers as our Global Tax Advisors."

Interesting that KordaMentha sorted out the buyout of Altura Minerals for Pilbara Minerals. Pilbara Minerals has ASD$2 Billion in CASH.

A fraction of this could buyout TVL & ALK in full.

Just musings.

Theorist, point taken. Leopard never changes its spots.

I take your point.

I know about him, but I cannot see why he would look a gift horse in the mouth and not go with it ?

Pretty much everyone is in the project and setting up.

Sure finance has not come through from another party nor has feedstock, but everything is sucking at the thoughts of production of hydroxide quality grade.

As you know and I have said many times, my gut would be JV or buyout with minimum share value to cover. It might only be £3-5.00 , probably take that 10 day £5.00 to trigger PS's bounty but then he's made a mint in quick time and can take the £££ and move on. ?

Either of the above in JV or Buyout or £3-5.00 will do me just fine. I'm not greedy.

Knowing the Australians and the US desires to now take on some form of energy control I expect the news to come from abroad rather than anything uk based tbh. I do mean any big news.

No need for us to confront on here. I hear you , we all do but let us all make our own decisions. I will call anyone out if O fee

I agree with Theorist to a degree.

I have also on several occasons had the phoneline to atleast 3 companies and have been directly lied too.

One of the 3 had Russia to deal with but the CEO still was insistant and regularily talked to the largest shareholder and millionaire. That was 2018 and they still havent produced a DFS , now they will but where the money goes is anyones guess and I would not invest their either.

However, the fact is lithium is the global driver.

There is NO escape from the need for lithium prior to 2030.

As Joe Lowry says " the promise to be in production by multiple DLE lithium hopefulls by 2027 is NOT possible".

SPODUMENE ROCK for the best returns and those who complete the chemical processes for upgrading the raw feedstock. Simply these are the companies that in the main csm supply as of today but need demand of EV / Storage to pick up quicker.

I see the USA , UK and Australia to be the ones only in the last 2-3 months putting the foot onnthe gas.

Whether you believe or not spodumene is the real deal. IF ALK & TVL get any kind of deal the sp doubles or trebles. Basic but true.

Theorist - all your posts are negative. So as balance I will post the positive information WITH LINKS so you do not cost those investors you worry so much about , like me & thanks for caring , so they do not sell out WITHOUT doing THEIR OWN research.

As you say its our money to burn so butt out or post links to why I should sell up.

Still shouting that someones ate all the porridge?

PS - Yes their IS a much bigger risk now inflation is kicking the global ...... GLOBAL backside of many sectors so NOT JUST the person you love to hate companies.

Https://m.uk.investing.com/news/stock-market-news/fortescue-expands-battery-and-electric-powertrain-output-in-uk-with-new-plant-3055834

https://www.kitco.com/news/2023-01-09/Alkemy-secures-land-for-its-Port-Hedland-lithium-sulphate-refinery.html

Small world.

Https://www.pacificgreen.com/articles/what-2023-britishvolt-saga-means-batteries-uk/

Last paragragh is spot on.

Https://www.fleetnews.co.uk/news/latest-fleet-news/electric-fleet-news/2023/05/25/tesla-and-jlr-look-to-uk-for-new-gigafactories

Https://www.driving.co.uk/news/business/new-uk-electric-vehicle-battery-plant-could-recruit-workers-from-kitkat-and-soy-sauce-factories/

"US-based parent company Scale Facilitation established a joint venture with Tritax Asset Management this week to “fast-track the deployment of the Recharge Industries UK Gigafactory”, according to the firm.

Recharge Industries chief executive Rob Fitzpatrick urged Australian governments to throw their support behind the Avalon factory to ensure Australian battery manufacturing is globally competitive.

“Our ability to develop and build the Avalon Gigafactory, along with a value-added supply chain, is contingent on funding support from federal and state governments, along with capital markets,” he said.

“Battery cell manufacturing projects such as ours are in a global competition for capital. If Australia is serious about moving away from a dig-and-ship mentality, then now is the time to double down on funding and policy support for major cell manufacturing like the one proposed by Recharge Industries.”

Australian battery manufacturers told InnovationAus.com last year that the generous incentives available through the Inflation Reduction Act (IRA) made it an attractive place to invest.

However, Industry and Science minister Ed Husic said in March he expects Australian firms to complement United States supply chains, and has held discussions with the US government to link the IRA with Australia’s National Reconstruction Fund.

Mr Fitzpatrick added that proceeding with the development of the company’s UK factory would help accelerate development at the Geelong factory by de-risking the construction process “enabling us to adopt a ‘design once, build many’ approach”.

15th June 2023.

https://www.innovationaus.com/recharge-industries-shifts-focus-to-uk-gigafactory/

Ok the UK and US have done a deal and nobody has their finger on the pulse.

How about the new US - Australian Gov Critical Metals deal ? The Australians will work with the US IRA ..... Oh AND UK to secure the land for the Avalon Gigafactory on Teesside , so HAPPY WEEKEND reading.

This is the US , Australian and UK GOVERNMENTS now working together from 10 days ago.

Not my normal theory and finger in the air thinking for a change.

STRONG BUY

Hi everyone, just borrowing VIS for a second.

Totally agree with your current knowledge. Thanks for backing up what I am seeing.

Soon , fingers crossed so the dumbwits cant claim victory and will be left moaning on the sidelines.

Thanks everyone. Thats all.

Good luck and expect CL news soon...

.....old bv mou with tv. Could tke supply to gee in oz if sorting plnt 4 pls is only to split not harden in oz

Whts the size of a ton of lithhydro....gigs need tns bt batts need /' s such smll amnts.

I feel a J V or buyout

Still nobody has posted THE news

Hmmm. Bit lazy on here. Think i will move on , yawn.

Too many keeping info to themselves I think / I know...i'm now one thanks to so vocal angry posters.

Wiseinvestor , thank you for posting.

Nobody else looks to post actual info.

A DEAD forum here. Yawn.

;-)))

Still no posts on the news ?

Tritax executives will head to Australia in the coming week to try and recruit co-investors in the development company, such as superannuation funds.

I think I mentions Australian mms & dads about 4 weeks ago along with EMH hint of strat 2 weeks ago.

Ding ding ding

Europe gets to do 2018 all over again but properly this tme ! ! !

Just watch us fly in the coming weeks looking like August/Sept and £5 may well be that target the company mentioned .... NOT ME I ADD.

I can't wait to hear how great some of the naysayers feel when they are in heavy profit.

But hey what do I know ? F all

Theo , not helping us out by posting the news ?

Come on just the link will do ?

US money / Oz money incoming. Info already out.

Https://www.afr.com/companies/energy/battery-maker-recharge-fast-tracks-uk-plant-overtaking-geelong-20230613-p5dg0s

Not posted on other forum. Trash talk putting me off helping them.

Implications for CUSN & CL / BL

Altilium metals parent company Aldoro Resources = lithium project in western australia. Hmmm.

"Corcel PLC (LSE:CRCL) shares hopped 5% higher back to a six-month high of 0.40p (having fallen over 99% over the past five years) after it exercised its option to acquire 100% of the lithium rights to the Canegrass lithium project in Western Australia.

The option was taken up with Huntsman Exploration Inc, with the Canegrass project consisting of several granted mineral tenements adjacent to Aldoro Resources' Wyemandoo existing pegmatite project.

Corcel will issue Huntsman with 50mln new ordinary shares following its upcoming shareholder meeting scheduled for 26 April.

Aldoro has completed exploration of the Canegrass project consisting of satellite imagery interpretation, geochemical sampling, rock chip sampling and an initial phase of drilling, with satellite imagery-based interpretation conducted across the entirety of the project and "revealed extensive swarms of what is being interpreted as pegmatites... located within the same lithologies and setting as that at Aldoro's project", the company said, with rock chip sampling conducted by Aldoro confirming the presence of high-grade rubidium with associated lithium mineralisation 1,400 metres to the east."

Lets call it long term port hedland potential.

Pilbara Minerals & Minerals Resources who met with TVL at the new announced deep port dock look most likely near term

Altilium Metals - keep an eye on these guys who with Imperial College and TVL are in a UK deal.

https://www.thechemicalengineer.com/news/chemical-engineers-helping-to-close-the-loop-on-electric-car-batteries/