Member Info for MajorOak

Yep but why ?

TSX current volume 3.6m traded.
AIM volume 4.4m traded.

Money in Canada pulling stock on to TSX from AIM.

Same happened with PLL duel listing and knowing this allows for building. Before full US listing PLL went on a run from USD27 to USD84 within 3 months approx. Once the US wanted full US listing , it cut off that pull. They are still held on ASX but the bulk is now in the US and they will not be selling. US traders generally hold stocks longer , like the Germans. UK and Oz usually like a trade.

Anyway, volumes looking pretty well match but I am sure those who sold the rise in the UK will have sold them to Canadian investors / stakebuilder.... ;-)

Note bouncing back up to 38c after pull back on AIM close and flow of immediate stock. Now they are trading on their own air and buying selling between themselves, sure ain't going to be too many sellers now in Canada so the pressure will build and they will be buying at increased rates.

On open tomorrow it will be interesting to see if the demand orders from Canada overnight see us drop a bit as UK city boys sell out to take profits and supply their city mates in Canada.

Pretty much think another rise tomorrow 70/30 chance imho. My guess mid 40's. 42-44c

Demand and supply. End of week with no news 38c.

Ready for news next week ?

Cornishknocker , you've been here way longer than me. I put my faith in your view as you guys down in Cornwall will hear stuff and have a gut feeling much stronger than many.
When you and V-I-S post I certainly listen and go do my own research following on from your guidence.

I have in the last week or so been posting about the wider developments in the sector and my past experiences of Cinovec. I strongly believe majors from across most industrial sectors are definately watching CUSN, CL & BL + the tungston.
Cornwall has most of the keys to the UK's future and as a believer in UK companies I am so glad Cornwall will benefit mightly and the true Cornish families all benefit greatly.

You've not posted on here much recently , thus my reply to you. Keep a good watch over things, you have my attention.

What is the news?

CORNISH LITHIUM IG Trading 38% UP !

LITHIUM guestimatio s "At 40,000tpa x 20 years x low lithium hydrox price of only USD$13,000pt , CL would be looking at a royalty (2%) of approx USD$100M. That excludes the rise in share price equity in CL to each share in issue.

Even if CL have 1 billion shares in issue you're around £4.00+ and I am pretty sure dividends on such a set yearly production over 20+ years.

Obviously that is ONLY our part in Cornish Lithium.

Cornish Metals have ALL THE TIN , COPPER and hopefully a good chunk of ZINC to throw on top.

An example would be in this thread CL is simply lithium volume, price and time produced less CAPEX.

I would guess and it really is a guess CAPEX on 2 main CUSN assets would come in at MAX £2 Billion over 20 years. However TIN is nearly always at premium to lithium so even though the CAPEX could be higher - I would hope for way way less but I am playing devils here by putting a large CAPEX on - the TIN USD$18,000pt low average ( currently USD$40,000+) that would still produce over a £4 BILLION POUND company with the COPPER , ZINC, SILVER + CL assets / roylaties.

It looks prime for a MAJOR player in mining to buy out both CUSN & CL as they mive towards PFS then DFS.

LITHIUM WILL be the first revenues that CUSN achieve though, I still have big money on that and even more with TechMet getting involved with US GOV backing

Sssh vis lol don't tell everyone ;-)

Pre-tax US$2.83 billion NPV at 8% discount rate and IRR of 40.5%.
After-tax US$1.97 billion NPV at 8% discount rate and IRR of 32.1%.
20-year mine-life producing an average of 30 000 tpy of battery-quality lithium hydroxide monohydrate (LHM).
Operating costs of US$2599/t of battery quality lithium hydroxide.
AACE Class 5 Total CAPEX estimate of US$870 million including conservative 25% contingency of direct capital costs.
SW Arkansas Lithium Project PEA lithium brine resource is updated to consider the potential unitised area of production, leading to an increased total (global) in-situ resource of 1.19 million t of lithium carbonate equivalent (LCE) at the Inferred Category

vis , bubble - E3 has 3 x the volume and inferred brine lithium of Standard Lith. Do the maths on where the value is I would recomend having a real good look.

NOT FINANCIAL ADVICE. PLEASE DO YOUR OWN RESEARCH.

In the last 2 days I've been reading a scholars report from this year on all brine processes. Heck of a lot of tech info, screenshot what I thought was relevent and will wade through that but it is purely belter info.
10/10 report. Will post in a few days time in condenced form.

For the tin and copper guys :- did you know there could be enough leaching from above to be able to process as biproduct sellable scales of tin, copper, zinc, tungsten and magnesium ;-)))

Standard Lithium Ltd. has filed a Preliminary Economic Assessment Report for its South-West Arkansas Lithium Project.

The technical report, entitled ‘Preliminary Economic Assessment of SW Arkansas Lithium Project’, was prepared by independent consulting companies: NORAM, Hunt, Guillot & Associates (HGA), APEX Geoscience Ltd., ECCI, Matrix Solutions Inc., and METNETH2O Inc.

Key points:

Pre-tax US$2.83 billion NPV at 8% discount rate and IRR of 40.5%.
After-tax US$1.97 billion NPV at 8% discount rate and IRR of 32.1%.
20-year mine-life producing an average of 30 000 tpy of battery-quality lithium hydroxide monohydrate (LHM).
Operating costs of US$2599/t of battery quality lithium hydroxide.
AACE Class 5 Total CAPEX estimate of US$870 million including conservative 25% contingency of direct capital costs.
SW Arkansas Lithium Project PEA lithium brine resource is updated to consider the potential unitised area of production, leading to an increased total (global) in-situ resource of 1.19 million t of lithium carbonate equivalent (LCE) at the Inferred Category

A good general guide from standard issued today

https://www.scientificamerican.com/article/u-s-looks-to-extract-lithium-for-batteries-from-geothermal-waste/

NEL HYDROGEN electrolyser supply to start Q4 as Nikola Corp start shipping TRE.

https://finance.yahoo.com/news/nikola-corporation-reports-third-quarter-130000201.html?guccounter=1&guce_referrer=aHR0cHM6Ly9pbnZlc3RjaHJvbmljbGUuY29tLw&guce_referrer_sig=AQAAACIr7yXQSQKOB1hiafAngnoXoufVQHzop6W4G1QK0GOR6d4bwMhOphBEsTCuWhMV9McxVlqLN3fGJsz8UmfAT4dDLT4ZdxTQtn39SJeGCvIpaBTpzGqurOhChHqbpvzmAftMdW57Ahbv3w7oVj019qmZCsvk9rGQKy5ueSy9gj_J

NRL HYDROGEN in 100MW German project.
https://www.eenewseurope.com/news/eu-looks-drive-down-cost-hydrogen

$10-12B, largest ever IPO in Korea forthcoming.

Will they used some proceeds to buy #lithium #battery #metals projects/companies?

LG Energy Solution gets preliminary approval for IPO | Reuters https://t.co/3cdCLAeRrH

Are they not one of the 6 proposed possible companies looking at a Gigafactory in the UK ? ;-)))

Ford , LG and an interesting one who are behind the cinovec project , Inobat , so I would have my doubts, but they are new tech heavy and looking at future batteries , also have some very interesting partners too.
The fact they are dealing with cinovec in DFS may help with their lithium assessment as its the same geological structure ?

https://www.thisismoney.co.uk/money/cars/article-9691383/UK-talks-6-firms-building-gigafactories-EV-batteries-FT.html

https://batteriesnews.com/chinese-battery-manufacturer-catl-employees-arnstadt-plant-germany/

Good bubbles tick. Should go up tomorrow towards 18.8p -19p again. May be you are right and the other poster said weds is popular ?

Good point but they are all over the old east block now, czech included. What would the EU actually do ? Poland and Hungary dont give a stuff about the EU and the little Estonians, Latvians and Lithuanians are scared to death to this day. If Russia moved in on any then who's going to stop them ? Nato can't. That would also be the starting button for China on Taiwan. Anyway, TSX CUSN bouncing ;-)

32c now and 100,000 just added on volume ... ;-)

34c-35c finish ?

Bubbles any large shorts still open ?

Bouncing back to $0.30c. Lets see when it closes

Exactly my point and yes it is scary. Why do you think VW have not bought in to EMH in Czech either via offtake or bought the whole mine back in 2018 and later years ? Russia !
With a click of the fingers a VW owned Cinovec could be in the hairlines of Mr Putin. It already is to some degree. They should have been mining in 2021/22. They haven't even got the DFS out yet ??? How come?
Even I know whats down there - more than the 7-8mt lce they are saying and 500,000-600,000 tons of tin.
Try 10-11mt lithium carb and 750,000 tons of tin. But they will not let that out.
Security of resource. Even now in the Baltic states they worry about what they say. Russia is all over the Ukraine and will take it for sure.
So would you buy EMH ? VW are buying battery supplies not the mine. Ding ding ding.

One reason why the US and Canadian lithium copper nickel and titanium companies are so sought after now. And yes the UK will become a hub to the UK itself but also overseas.

Just wait for the money to come in. Menell gets it totally. The expansion by the West to catch up with China needs to increase in spend and reduce time to production. Thing is the lightbulb moment is now and next year. As prices keep on rising the assets gain and gain in value and soon become billion dollar companies. CUSN , CL , BL , E3 , Standard Lithium, Vulcan Resources and a few I will keep to myself will all gain MAJOR players interests.

You are a fund manager anywhere in the world.
Who do you buy and where at what cost , when ?
Pension funds would be barmy not to hold some, so X that up around the world for demand on critical metals you can invest in. Its a tsunami wall of money that is coming in over the next 2-5 years in the West.
The Chinese have already been to Oz & Africa and taken the best. EU is desperately trying to keep them out, but the offer of cheap funding and entrapment is and has already started to happen.

The worse the spread from China the more the US will react and enforce their own assets and links.

Natural in psychology throughout history.