Member Info for Pinecone54

Another lithium battery car fire !

Tesla Model X caught fire on a frozen Vermont Lake!

Teslas necessarily have a giant battery pack, so if the car suffers sufficiently sever impact, it can go up in flames.

If damaged, lithium-ion batteries can rapidly discharge their stored energy in the form of heat, leading to an inferno.
The bigger the battery, the bigger the fire.

Just imagine something much bigger!

Now where’s that flow battery they are all talking about!

Luckily no one hurt in the car ??

GLA

PC

Consolidated Minerals, better known as Consmin, is one of the four largest producers of manganese in the world by volume, and holds a 90-percent stake in Ghana Manganese Company, which runs the Nsuta mine. According to its website, Nsuta has total reserves of 45.01 million MT grading 28.16 percent manganese, and total resources of 101.3 million MT grading 26.8 percent manganese. Consmin signed a 10-year supply deal with China’s Ningxia Tianyuan Manganese Industry in 2018.

Electric Vehicles need for these materials!

Since the beginning of 2016, cobalt’s price has jumped 120%, lithium has moved up 77%, and manganese has recorded a 42% gain. While all three metals have seen their prices rise recently, it appears that manganese has been outshined by its two fellow EV metal counterparts. We believe this situation will change quickly, as demand for manganese is set to outpace supply, especially for (higher-grade ) materials found only in specific corners of the globe.

Only a thought.......Ghana is 7th in the world rankings.... and it’s only 192 NM’s from Lomé

In 2018, more electric cars were sold in China than in the rest of the world combined. The Chinese government has spent nearly $60 billion in the last decade to create an industry that builds electric cars.

All of course open to conjecture!

GLA

Do we assume that the possible extension, is reliant on the shipment being processed before being approved by the end user!

“Export authorisation granted by Togolese authorities to ship 10,000 tonnes of manganese ore produced at Nayega Project for (metallurgical testwork)”

Still progressive news!

GLA

Let’s hope someone from the board, has made contact with Iberdrola, at least, to get into the future mix. !!!

GLA

PC

Their dammed if they do......dammed if they don’t!!!!

If I were going to go into a long term multi million pound agreement........and have an option to review the terms in light of changing circumstances ; then I would probably hold tight for a chance of a better deal!!

Could apply to any of the outstanding potential in our pipeline!

GLA

PC

Looks like the team will be at the conference for the three days at stand no 48.
Hopefully for some good connections that lead to some quality investing!

http://www.riuexplorersconference.com.au/uploads/1/0/7/1/107151451/exp19_onsite_programme.pdf

GLA

PC

The magic word is.......”is”

GLA
PC

Though the news was predicted, the “market” took it in its stride!

On one side the fact it hasn’t gone boom, is a good opportunity, for all those LTH’s that have done the basics on our company to continue building their investment!

After all, we are currently, looking at a mine of 5 years with 100k ounces per year !

Upgrade covers this, which ever way you take the figures!

So hold your nerve, however, we may not now hit the 22nd June for escrow allocation, but may get a idea of when in the 3Q they may issue them!

GLA

PC

With thanks to Jimbob

On another share....Gold related!

Billionaire has first stab at buying Gold !!!

https://www.bullionvault.com/gold-news/zell-gold-020120191

Gold, currently going in the right direction! A$1839

GLA

Hi Oilmagnet

Thanks for the update, makes sense.......been here for a relatively short period of two years!
Understand comments and reasoning behind the changes.

All now, fingers crossed for positive outcome of the PFS currently underway.
Should, by all accounts, be in sight of a new presentation in the next couple of weeks!

GLA

PC

But where is it ?

DR talks about start of the Gold project.(2016)
Mentions “The Prince of Wales” mine, existing 300 mtrs depth, ready for processing, just needs to be drained and prepared!

Strange no mention of this since!
Unless I have missed a note along the way?

Any thoughts while we await news?

https://www.miningcapital.com/companies/stocktube/4653/keras-md-excited-by-margins-from-australian-gold-venture-4653.html

Covers other areas of the business but main focus is around 4 minutes in.

GLA

PC

Start of the Soft Launch.?..........just checking !

GLA

PC

Strong buy.....if I could!

Hi Pablo

Only making light of the fact currently using five figures to the right for the Sp.
Now have all the figures in one (including the grand total available of 13m tonnes) puts the figures to the left at 10!!!

Nice work IF we can get it!!

Best regards

PC

Thanks to you both for the updates!

I’ll now have to amend the cells in my spreadsheet, with Keras, as not used to so many figures to the left side of the decimal point!!!!

All looking good !!

GLA
PC

Hi

Taken from the horses mouth as the saying goes!!
thanks to pablo this morning @ 8.58.

“With regards the licence, this has obviously had many false starts, so let me not say anything until in hand.”

We are all awaiting the outcome, for some .......this has been years in coming!!

Whilst it doesn’t directly answer your question, it’s all we have for now!

Fingers crossed!!

GLA

PC

Hi
Just for my piece of mind.... can someone work out the actual calculation, for Togo, as how we get to $13 m for the year, mentioned in the podcast ?

Good news though!!!

GLA

PC

Hi Ramesh

How about this as just one vision for the card’s use!

Family invests £1000 in Tallymoney with a view to help their daughters education whilst she is away in another country!

There are then two cards linked to one account.....the daughter can use her own card.... whilst family can see transactions in real time!

Plus no charges for the transfer... meantime perhaps, Gold moves up and could go down, but because it’s an account; money can be moved to an alternative account within the banking world if needs must!

Then move this on to a much bigger picture of the card’s use around the world to move small amounts into individuals private accounts!

All looking very progressive, to me, so far!!

GLA

PC

There’s no reason for the drop.... for my thoughts there has been a lot of hype, around the area about it being a great find......remember the “live” feed in the outback showing them digging up gold having just detected the area!!!

It’s eased off now, but normally to get to a mine could take up to 10 years, we are looking at a few years....perhaps even this is too long to wait for some!

Or.......could be a symptom of their market!
Bring SP down knowing full well.....price will move up after upgrade to get their 10% plus!

This is, as said before, a long term bet....and not for the faint hearted!!

GLA

PC

Hi Alphacomp

Thanks for the link, had a quick scan through, via sleepy eyes , took another link to more details on the storage issue. Couldn’t see any reference to flow or lithium!
Perhaps, as it’s very political at the present I.e. shutdowns etc and the dreaded “B” word!
Difficult for a European country to be seen buying from the UK.
Although having said all that they need to show how they mean to replace the plants to keep the lights on!!!

GLA

PC

Anyone else hear the announcement on the late news,that the German government, after a marathon 20 hour stretch, have approved the plan to close all their coal power plants by 2035.
Could this be what we have been waiting for?
Now......where’s that nice shiny new pen !!!!

GLA

PC