Member Info for metalgeo

Just bought my first 100k shares. :) Wasn't it Warren Buffet that said the stock market is for the transfer of wealth from those who are impatient to those who are patient... or something like that.
Sellers thank you very much!

Did anyone ask the drillers if they were using copper grease? I have seen junior geos and one senior geo mistake this for native copper smeared across the drill bit! Some pictures would be good.
"Native copper encountered in three holes, with copper visible in the core and, unusually, smeared on
the drill bit."

https://twitter.com/ZinnwaldLithium/status/1364179366079582211
Lithium-ion battery production capacity has increased tenfold over the past decade. According to a recent report from the International Energy Agency, demand for lithium is expected to significantly increase to fill global demand for electric vehicles.
https://www.mining.com/comstock-soars-after-investment-in-lithium-battery-recycler/?utm_campaign=The%20Assay&utm_medium=email&_hsmi=112479717&_hsenc=p2ANqtz--kNaViOWCr5lKEw6PMoCXQiVBg9jXmd5zTeOL5nf3xF3GtsK7NtynzdFTL-TQ3GfYiVYnyeO1Q45Dfo0gAgqsM884JMk8hyNIuPKyNeRhZleiUL8I&utm_content=112479717&utm_source=hs_email

LITHIUM’S BACK
Lithium, key to powering electric cars and backing up renewable energy, is rebounding as demand for rechargeable batteries gathers pace. The metal is showing nascent signs of recovery after an extended slump as oversupply plagued the industry.

Market watchers are forecasting more upside this year as policy makers worldwide commit to an accelerated adoption of EVs. The tight market balance may intensify this year, according to Xiaoyi Liu, an analyst at Shanghai Metals Market, adding that “lithium is seen remaining in the upward cycle.”

https://www.miningweekly.com/article/these-metals-are-soaring-on-a-green-frenzy-and-global-recovery-2021-02-19#disqus_thread

Also, topping up Horizonte Minerals on the pullbacks when it was always stuck at 3-4p range was the best strategy ever. It hit 10p today :)
HZM and ZNWD my two favourites and largest holdings by far. Same founders (HZM and Erris)

Agree, just a bit of profit taking by some people who were in early. My own opinion is that this will company have higher market cap within 12-18 months. Here is why
Comparison to European metal holdings:
Zinnwald has lower CAPEX requirements as the resource is a little shallower and it is higher grade albeit a smaller resource however that makes the capital fundraise and mine build easier and more achievable in a shorter time frame in my opinion and it will still have a 30 Year mine life, longer than Cinovec.
Note construction costs of €159M / $192M compared to Cinovec US$482.6 million - in theory a lower capex mine is easier to fund for a similar IRR along with being a less complex project/quicker to production.

Zinnwald Lithium Plc owns 50% of the Zinnwald deposit –
Market Cap £25.6M and NPV of €428 or US$519.6M

European Metal holdings owns 49% of Cinovec (through Geomet) and has a market cap of £127.4M and NPV of $1,108M

Zinnwald has a mining licence

Battery News - from SP Angel
Rivian set to build European EV factory to service Amazon’s European operations

Amazon-backed Rivian is reportedly scouting locations in Europe to build a new EV factory, with locations in the UK, Germany and Hungary reportedly being considered.
The site is expected to produce a delivery van for Amazon, who have already placed an order of 100,000 units.
Rivian has raised more than $8bn to date, and is looking to go public as soon as September with a $50bn valuation (Bloomberg).


Apple and Hyandai-Kia close to finalising deal on autonomous electric car

Apple plans to produce a self-driving electric car.
They are close to finalising a deal with Huyundai-Kia to manufacture an Apple car at the Huyundai-Kia plant in Georgia.
Sources say production is scheduled to start as soon as 2024.
It would have Apple hardware and software.
Hyundai believe that this deal could help them build their own autonomous and electric vehicles in the future.


Shell accelerates emissions targets

Royal Dutch Shell said its oil production and emissions related to its business had peaked as the energy major laid out more ambitious climate targets in a bid to become net zero by 2050.
In a strategy update, Shell said that its oil output will fall by up to 2% a year, with its petrol and diesel production to fall by 55% by 2030.
The net emissions intensity of its business will fall between 6% and 8% from 2016 levels by 2023. This increases to 20% by 2030, 45% by 2035, and 100% by 2050
It also wants to increase the number of EV charging points from 60,000 to about 500,000 by 2025. Its transition plan will be put to a shareholder vote.

From SP Angel
Nickel US$ 18,620/t vs US$18,475/t yesterday – refined nickel production falls 7.8% yoy to 12,981t in January (Antaike)

Maintenance and suspensions meant only Jinchuan and one other smelter were producing (Reuters).
Jien Nickel is restarting production till April.
Chinaese NPI ‘nickel pig iron’ is rising with a 4.8% gain in January to 39,300t of contained nickel down 12.7% yoy
Stainless steel production in China rose 3% to 30.43mt in 2020 but should rise 4.5% in 2021 to 31.8mt according to Anitake.
Philippines nickel ore output fell 14% in 2020

Production fell 14% to 18.5m dry tonnes in 2020 as lockdowns limited the movement of mineral products, according to the Philippine Nickel Industry Association.

You are right if my eyes are not deceiving me, EMH up 29% on the ASX overnight?

Agree, I spotted the reddit action earlier today and seen that it was getting legs. Real mob power has arrived from reddit!

Lithium carbonate 99% (China) US$10,609/t vs US$10,583/t

BYD EV sales rise 183% YoY in December
Chinese automaker BYD sold 20,178 NEVs in December, up 183% compared to the same month last year but down 30% from the month prior.
BYD’s production for power and energy storage batteries totaled 1.75HWh in January, up 379% compared to January 2020.
The company’s main competitor in China, Nio, sold 7.225 EVs in January, up 352% YoY (Argus Media).

This was posted on the EMH board.
EV revolution is bigger than the supercycle, says Friedland
The commodities market is not in a so-called supercycle, rather it is at the start of an unprecedented and revolutionary cycle driven by the rise of green energy and electrification of “everything from a bus, to a skateboard and a Vespa”, according to mining legend and financier Robert Friedland.
https://www.miningnews.net/events-coverage/news/1404210/ev-revolution-is-bigger-than-the-supercycle-says-friedland?utm_source=02%2f08%2f21-01%3a41%3a13-954+-+Dryblower+makes+a+movie%3a+%e2%80%98How+Green+Was+My+Billionaire%e2%80%99+EV+revolution+is+bigger+than+the+supercycle%2c+says+Friedland+Strictly+Boardroom+SolGold+slumps+on+PFS+delay+Ora+Banda%e2%80%99s+maiden+gold+pour&utm_medium=email&utm_campaign=02%2f08%2f21-01%3a41%3a13-954+-+Dryblower+makes+a+movie%3a+%e2%80%98How+Green+Was+My+Billionaire%e2%80%99%3b+EV+revolution+is+bigger+than+the+supercycle%2c+says+Friedland%3b+Strictly+Boardroom%3b+SolGold+slumps+on+PFS+delay%3b+Ora+Banda%e2%80%99s+maiden+gold+pour&utm_term=Dryblower+makes+a+movie%3a+%e2%80%98How+Green+Was+My+Billionaire%e2%80%99+EV+revolution+is+bigger+than+the+supercycle%2c+says+Friedland+Strictly+Boardroom+SolGold+slumps+on+PFS+delay+Ora+Banda%e2%80%99s+maiden+gold+pour&utm_content=66754&gator_td=QSRz9xaUqgfV%2fD%2baqu4gO6kZMzxzFaQC9RXBM%2bKs9n467T5v6LUyu%2bOyW1V17imU4AxoBN6lEjHxQcx3zBK7ILki%2fzDqzGdSN2dQ1ksjcU%2bf%2f6U2SjSn%2b2f0peKVZgYy6nA6OpE4p%2f7PawSsgLz4AcgBqeXiVnjP8kkeXjI5M7ZcG0KrltoMI%2fYqAvV9%2b2wwKuDVIp%2bZ6tuTFLVj6QSoyuGsB7tByPq8uQb3vZEJEPRhpS8ECmeKCY9WGbTJ0H3%2bqjFb6k0b0aQFTqB9zdNPFpKDQhO1EZNTcHB7ERwhVrUaCMUQKN04f9V2v07fv%2b%2bjrhVSPkVqD2aw5yesJM0eW%2f1KF%2fhw3KY1p3JCvbUiSASOAgbgh5B4fYh7Lj5eitMVzfX5G99RKPefTYu1btmZl7MJvMOB6wgauwjSgUjjAo0%3d

From SP Angel below. New Caledonia Nickel supply could face long term disruption.
What about more sanctions on Russia and exploitation in Indonesia and Philippines not being good for the local environment. Cleaner Nickel from Brazil would be a better source. DYOR

"Nickel US$ 17,645/t vs US$17,780/t yesterday - New Caledonia – Government collapses citing unrest driven by sale of nickel assets

The coalition government collapsed on Tuesday after pro-independence politicians resigned after persistent unrest as a result of the sale of nickel assets.
The South Pacific nation has recently seen extensive rioting over the sale process of Vale’s nickel business, with protestors saying a locally led offer had been overlooked unfairly.
New Caledonia is the world’s fourth largest nickel producer after Indonesia, the Philippines and Russia.
The country is also due a referendum by the end of next year and is currently a colony of France."

Just bought in here for the first time this morning having been heavily invested in Zinnwald (ZNWD) across the border in Germany. Lithium is the future.

Tesla need 165% of Li production to produce 20M cars a year!
And Volkswagen is already or just about to produce more EVs than Tesla and they will want their German Li. Hold out for the big pay day in ZNWD, I think it will be worth it. Look forward to the investor webinar on Wednesday.
DYOR

Li price continues to rise...a solid move upwards again today as per SP Angel daily update.
Lithium carbonate 99% (China) US$10,438/t vs US$10,191/t

and the price is rising, broke through $10k/t in China (from SP Angel daily update)
Lithium carbonate 99% (China) US$10,191/t vs US$9,957/t

President Joe Biden on Monday vowed to replace the U.S. government’s fleet of roughly 650,000 vehicles with electric models as the new administration shifts its focus toward clean-energy...
Biden backs new consumers rebates to replace old, less-efficient vehicles with newer electric vehicles and incentives for manufacturers to build or retool factories to assemble EVs and parts.

Biden vows to build 550,000 EV charging stations and spend more in clean energy research.
https://www.reuters.com/article/us-usa-biden-autos-idUSKBN29U2LW

Li-ion EV battery raw materials prices gain driven by rising Mega and Giga-factory demand

Data published in Benchmark's most recent price assessments show price increases for the mainstream battery raw materials of lithium, cobalt, nickel, and graphite, focused around and largely driven by the Chinese market.
The biggest movers from Benchmark's price assessments in December 2020 were:
Lithium carbonate EXW China up 12.9%
Cobalt sulphate EXW China increased 3.2%
Nickel sulphate EXW China rose by 6.4%
Graphite -100, 90-93% C, FOB China up 13.2%
Specialist commodity price rises in China are often followed elsewhere within 3 to 6 months later.”
Growing evidence that demand for battery raw materials is dragging prices higher
Oil & Gas companies are viewing Lithium as the new white-energy on which to build future income as oil and gas gives way to a new rival in electric vehicles