Member Info for moneymetal

Lets not forget they have gold too

https://www.mining-journal.com/miner-s-right/opinion/4206603/chinas-love-gold-dislike-us-drive-gold-ususd2500-oz?utm_campaign=MJ_Global_Edition%20-%20MAY%2010%202024%20-%2012%3A37%3A36%20UTC&utm_content=title&utm_term=&utm_medium=email&utm_source=Adestra4

Always good to see a director buying in. Gives one confidence. Hopefully markets are turning for resource stocks. Lots of positive signs out there.

Looks like Zinnwald is awakening and getting some interest. Preparing to face investors again.. Lithium was oversold and bouncing back, markets improving, commodity prices and miners improving and this is the biggest Li resource in Europe most likely to get to production and should qualify as a strategic project under the new Critical Raw Materials Act.

Only a matter of time before its back at 15-20p DYOR

Pity there is no consequence for putting out false results like the lithium ones posted a few months ago. The analysis method was lithium fusion analyses which is not suitable for lithium assays. The very low grades reported could have been entirely been from the analysis method. Their CP and Nomad should know better and the rest of the projects are a load or rubbish too. The board should be removed - this Company would be better as an AIM shell with experienced resource professionals or other business people to take on a real asset. Companies like this is why exploration and mining companies get a bad rep.

CATL launches condensed battery with an energy density of up to 500 Wh/kg, enables electrification of passenger aircrafts. Breakthroughs like this have the potential to create some good hype around lithium stocks especially when there is comments elsewhere about panic buying of lithium supplies due to supply issues.
https://www.catl.com/en/news/6015.html
Mining Journal - Allkem flags potential for lithium panic buying
"Lithium producer Allkem banked an additional US$26 million cash for the March quarter despite spot prices in China plunging by more than 20%."

Yes great to see it moving, I would not be surprised if this is a fund buying in. It is a great story and management have delivered well to date, I am holding out for the long term and the brokers target of >1£ in the next few months looks right. >£3 for the 3 year target which was issued some months ago so c. 2 years to go, worth holding on for.

And the Fox-Davies flash note, there respected technical analyst thinks Llamara could be huge!

The Llamara proejct, if successful, could in time, even eclipse its corporate parent, and justify a separate listing.
https://www.linkedin.com/feed/update/urn:li:activity:7026545963934580736/

I came across this on LinkedIn https://www.linkedin.com/in/jordan-roberts-68b746114/

Trade data shows #China imported 136,091 tonnes of #lithium carbonate in 2022 an increase of 68% year on year. The weighted average price was $49,450/t an increase of 613% compared to the average price of $6,938/t in 2021.

Production cuts and the destocking witnessed in China in December was evident, with carbonate and hydroxide #imports down 12% and 35% respectively.

The carbonate price was relatively flat month on month, but the hydroxide price increased by 146% fueled by a rise in imports from #Chile which averaged $55,011/t and represented 60% of total imports in December.

Keep up to date with the latest developments in the lithium market with our weekly battery raw material tracker available here: https://lnkd.in/eN3r7JQT

https://www.miningweekly.com/article/scholz-visits-south-america-in-a-race-with-china-to-get-lithium-2023-01-30/rep_id:3650
Chancellor Olaf Scholz is hoping his trip to Latin America this weekend will help Germany secure additional supplies of the lithium that car giants like Mercedes-Benz Group AG and Volkswagen need for their electric-vehicle batteries.
Chile is the world’s second-largest supplier of lithium after Australia and much of its output is currently gobbled up by China. Scholz, who will meet Chilean President Gabriel Boric on Sunday in Santiago, wants a larger share for Europe’s biggest economy, according to people familiar with the plans.

It is progress of sorts. Much of the delay with Zinnwald is down to old fashioned Germany bureaucracy. From what I have heard Germany is not an efficient, easy place to operate exploration, e.g. archaeological and ecological surveys just for a drill pad of a few square meters with a 60mm hole and lots of other issues. Not sure the old 'German efficiency' is deserved anymore.
But still optimistic, everything will go electric eventually and the demand will be there for Zinnwalds lithium, even outboard marine motors for quieter cruising which I came across at the weekend! see link below.
https://www.mercurymarine.com/en-gb/europe/land/mercury-avator-electric-outboards/

Stonepark / Pallas Green is a different part of the country, better suited to mining and more supportive.
However objectors in the sunny southeast have been coming out against lithium exploration
https://carlow-nationalist.ie/2022/01/11/locals-object-to-lithium-mining-on-the-carlow-wicklow-border/

I hope you are right passiton, it is somewhat disappointing that there are only 2 trades after a good news update but maybe it is too early in the year and it shows how poor the markets are. I still think it will do well eventually and maybe we will wake up tomorrow and see that some fund has started buying or retail investors have woken up...fingers crossed.

Agree multiples to come. Fox-Davies flash research note today gives a one year price target of £1.14 ps and 3 year target of £2.77 ps which they think is conservative.
Obviously we need the big seller out and fair markets but the opportunity is great and the Company has delivered what it said it would do and I am happy to hold and add on the dips.
DYOR
https://www.linkedin.com/feed/update/urn:li:activity:7017053549188558848/

Would have expected more action already but such are the markets. I have added a few more shares.
Abemarle sees sustained higher prices ahead.
https://www.mining-journal.com/energy-minerals-news/news/1445738/albemarle-sees-sustained-high-lithium-price

Musk ready to mine lithium, commits to US refinery
Tesla owner Elon Musk has held talks with the White House on lithium mine permitting in the US and will build a lithium refinery in Texas. Musk said he is he willing to directly enter the mining space to support Tesla's supply chains.
"If we have to go mine, we will mine," Musk said in a third-quarter earnings call.
https://www.mining-journal.com/energy-minerals-news/news/1441806/musk-ready-to-mine-lithium-commits-to-us-refinery

FD report says:
Lithium – Supply Growth Unable to Match EV Demand
The future of lithium demand is fundamentally tied to the continual growth of EVs/hybrids. We forecast that Li-ion batteries will account for >77% of all lithium consumption in 2022 (see Figure 10), the largest component of demand being EVs themselves. It is also important to realise that growth (in real terms) in usage is occurring in all other lithium segments as well. Current shortages are, in fact, a structural deficit, driven by growth in lithium consumption outstripping supplies, with our internal macro modelling showing that this structural deficit is unlikely to dissipate any time before 2030.

...Over the past several decades, China has strategically sought to dominate the lithium battery market. For example, CATL has emerged from nascent beginnings to become the world’s largest lithium manufacturer in under a decade. Whilst prices for lithium projects/companies were languishing during the last minerals downturn, the Middle Kingdom busied itself with acquiring all the earlier stage lithium projects it could. Despite only having 3% (see Figure 12) of global reserves, and approximately 14% of annual primary production (see Figure 11), due to its large domestic battery demand (72GWh), in 202011 China controlled ~80% of the world’s raw lithium refining, ~77% of the world’s cell capacity and ~60% of the world’s lithium component manufacturing.

Fox Davies published a macro research note which makes for very positive reading
It is available at the link below.
Basically one of the key points is to BUY lithium, cobalt, nickel, REE and fertiliser producers
https://danielfoxdavies.sharepoint.com/Shared%20Documents/Public%20Research%20Documents/WTO%20vs%20Mercantilism.pdf

Agreed, they are getting results and delivering on what they say they will do. It has come together very well in the past year and should have a very bright future, just a shame more investors have not bought in and the share price has flat lined...
Patience will be rewarded.

The MMs will shake the tree today to see what monkeys fall out. Don't be the monkey! The potential gains are too good with resource estimate pending. HOLD

China REE Export Prices hit a record high in August.
All bodes well for Cobra and pending resource estimate.

https://www.globaltimes.cn/page/202209/1274925.shtml

China's rare earth export price hit a record high in August, jumping to $26 per kilogram, up 93.8 percent year-on-year, and industry observers said this upward trend may continue for the rest of the year thanks to factors including tighter policies for environmental protection.
In August, China's rare earth export volume came to 3,673.6 tons, down by 6.7 percent year-on-year, following a decrease of 8 percent in July, data from the General Administration of Customs shows.
The decline in export volume led to tightened supply and higher prices. Wu Chenhui, an independent industry analyst, told the Global Times on Wednesday that the drop in export volume is the result of various factors such as tighter measures for the protection of the environment and resources.
Rare earth export prices will also be pushed up by a supply reduction in Myanmar and surging demand for resources from downstream businesses, the expert predicted.