Member Info for oneandonly1

In a nutshell:
Recovery ("WHR") system. The WHR system was successfully tested in Poland, using a non-branded automotive engine. The trial produced a power output of over 34kW during several weeks of testing. Phase one of the WHR system development has concluded. This news is encouraging for Inspirit as they move closer to launching their marine application with Volvo Marine.

Barrenjoey has become the latest market commentator to significantly upgrade its price forecast for lithium, with expectations the market they say will remain tight until 2024. In their research note, the company’s head of mining research Glynn Law**** noted electric vehicle sales globally continued to outpace combustion vehicle sales, up 117 per cent year-to-date in China and 32 per cent in Europe. "The key limiting factor to greater adoption remains the development of raw materials, particularly lithium.“I think the market expects a surge in supply in 2023 which would expect to be more tilted towards year-end and into 2024."
Lithium is an important metal in many industries, but it's especially crucial in the production of electric vehicles (EVs). The demand for EVs is only going to increase as concerns over climate change continue to grow and countries around the world commit to reducing their reliance on fossil fuels. But as Law**** noted, the key limiting factor to greater EV adoption remains the development of raw materials like lithium. In other words, we can't produce enough EVs to meet demand because we don't have enough lithium.
What This Means for Investors like us?
If you're thinking about investing in lithium miners, now is the time to do your due diligence. The demand for lithium isn't going away anytime soon, so those companies that are able to mine a steady supply of raw materials will be well-positioned to weather any potential storms in the coming years. Pay attention to news about new mines opening with Chinese backing as those are the companies that are positioned for long-term success.
The bottom line is PREM / KOD are both on the the right track and it’s just who will leave the station? That said IMO if you're still not paying attention to the lithium market, you should be. It's one of the most important markets for anyone interested in investing in EVs or batteries, as it's only going to grow in importance as time goes on. Also feed tariff as getting lower and lower so battery storage is going to snowball. Do your due diligence and pay attention to which mining companies that are engaging and securing funding, from the like of the Chinese government or mining giants like Glencore; they're the ones that will be successful in the years to come.

Lol, don’t think they want you to buy anymore!

They say no smoke without fire!!

Yes it might happen, fingers crossed.

Kodal Minerals is an emerging lithium company with a difference I think. Based in the UK, they are developing their own world-class projects from early exploration to production. This means they can control their own destiny and take a long-term view on the market. The global lithium industry is currently booming thanks to the growing demand for electric vehicles and energy storage. This is good news for Kodal as they are well-positioned to take advantage of this demand with their own production in the near future. Lithium is an essential component in the batteries that power electric vehicles and energy storage systems. The demand for lithium is expected to grow significantly in the coming years as more and more people switch to electric vehicles and energy storage systems.
GL and DYOR.

He maybe a little busy, thinking of how much free stock he can issue himself rxdav;-)
Odds On we will all find out in their next RNS.

The price of lithium carbonate in China has been on an upward trend this summer. In late July, it reached 487 500 yuan/tonne which is close to its all-time high of 500 000 from March and 400% higher than last year's levels as demand for electric vehicles increases with the return of economic growth after several months hiatus due largely at least partly attributed by newly passed "Inflation Reduction Act" tax breaks extended only towards new energy cars that will be available through major auto manufacturers including Tesla Motors Inc., Ford Motor Company ,General Motors .
As we can see here there were some massive events happening within these two countries (China & US)which led them into significant fluctuations not seen before such.
DYOR

I think we already know the contempt PH has for BLOE shareholders when he told them pork pies, (now printing stock to pay his wages each month) especially to any who bought in at high teens.
GL to all holders, and anyone new please DYOR.

Will be a big correction when the penny drops.
DYOR

Great news, I will by buying now and hopefully can get in at a nice discount this morning.

How big could this be?
The group also reported December last year it is nearing completion of the academic programme into the mode of action behind brown seaweed’s potency as an antiviral technology. The potential for this technology continues to be exciting for the group, it said.

I see their tragic has increased 3 fold over the last 3 months!!

Great call INEOS but my monies still on Anglo.

Lol, Georgia Oil and Gas Limited will probably be the ones that end up with Block down the road once monies dry up, with PH as a Director on gardening duty, bit like what happened to Sirius!!

Much about nothing IMO. But I remember Range Resources Ltd doing the same a few years back and people asking the same questions!!

PH should take note of Boris Johnson famous quote he wrote saying that failing leaders must resign.
They both tell porkies!!

I’m in, and with newspapers over weekend price next week will be higher IMO
DYOR

OK but if you believe that? You why don’t you believe they will rase more finance?

“As part of their going concern assessment, the directors have performed a reverse stress test on a low oil price scenario in which future drilling is inhibited or unsuccessful, and have concluded that it remains possible that future revenues in such a scenario might not cover all operating costs and planned capital expenditures, creating a material uncertainty that may cast doubt over the Group's ability to continue as a going concern. Whilst acknowledging this material uncertainty, the directors remain confident of making further cost savings and/or raising finance when required, and therefore the directors consider it appropriate to prepare the financial statements on a going concern basis. The financial statements do not include the adjustments that would result if the Group were unable to continue as a going concern”

Yes Geowiz figures don’t add up to me!! PH might have something up his sleeve.