Member Info for r7632

Yep and I think the Model 3 will have a 400+ mile range and a bigger battery.

I've read the new 2021 Model 3 Performance now has a 82 kw battery and heat exchanger.

https://chargedevs.com/newswire/massachusetts-to-ban-the-sale-of-new-combustion-engine-vehicles-by-2035/

https://investingnews.com/daily/resource-investing/battery-metals-investing/lithium-investing/lithium-forecast/?mqsc=E4125268

https://www.autocar.co.uk/car-news/electric-cars/tesla-model-3-was-uk%E2%80%99s-best-selling-new-car-december

Tesla Model 3 - 5708
Beats Golf - 4470
Ford Fiesta - 3367

Outselling a cheap Fiesta!

And when Model Y comes to Europe?

By 2025 they will be outselling ICE cars like Norway. https://insideevs.com/news/464304/norway-ev-sales-record-december-2020/
87.1% Percent of sales were Plug in cars in December 2020.

First thought was GBP or USD. I think the NVP was $1.25 Billion, or £917 Million

Second it may well depend whether they stick to Stage 1 ~ 17.5k and Stage 2 ~ 35k Tonnes.

Third will be the Lithium Price when it comes to production in 2023

Fourth will be how the soon they can start to sell the Fertiliser by product for about $500 per tonne (Stage 2 I think ).

Fifth will be how the EV and Battery market is expanding - growth rate

I'm sure there will be other things that can affect it.

Good time to top up my daughters Junior ISA.

I think 2 - EPC - was already announced as Q1 2021. So hopefully soon.

Very interested the new costs. And whether they have decided to increase Stage 1 or Stage 2 Production targets.

2 Should see a rise in SP

3 Financing - Should see it rise significantly.

Happy 2021.

If only they would let us out of the country to go on Holiday.

Last trade of the day was a buy @62.5p -- £33.01k

Not bad

I see it going way above 100p on news then dropping back.

Then higher on financing, dropping back and settling above 118p target price as that will be re rated on financing.

Some will take profits. But timing buying back will be risky. I think long term this is just going to keep increasing as the room for expansion is there which leads to higher investment and larger market cap.

https://www.youtube.com/watch?v=rCeghA0WRUY&ab_channel=SerpentTrading

I'm retired. Have Tesla Model 3 Performance. Will swap that for latest version when they get to 400 mile range or more.

I'm happy keeping my Tesla and BCN shares. My Tesla shares all in ISA. BCN in Sipp, ISA, junior ISA (s), normal trading accounts.

BCN will be kept long term although I may switch some to Tesla and also keep that long term.

Tesla would have been a better return as it's up 10 times in 18 months. Not sure whether BCN can match that but maybe 5 -8 times from here.

Anyway BCN certainly worth holding until production plus a couple of years.

Been in BCN since 2015 so my buy in a lot higher than current SP. Too early I think. But Tesla has certainly changed the world and demand for Electric Cars and Battery Storage.

The world is going one way for road transport and that's electric. That means lithium demand will be strong for a very long time whatever the form lithium is used.

https://youtu.be/k-r2NRlqfBw

4min 20secs in states Bacanora the front runner in extracting lithium from clay deposits

Also the first £12000 or so of Capital are tax free, Dividends are not

I would rather they pumped money back into expansion and increase sp rather than dividends.

Dividends ok if you dont have option to expand. But Bcn can expand quite linearly. 250 year resource.

Just like Tesla investing in building out factory's.

The Junior ISA limit increased to £9000. So I topped up. Will pay for their University Fees.

Elon has said he was interested in lithium clay mining on battery day 22 September 2020. He also said surprisingly he could just use salt to extract lithium from the clay.

Elon has said he was interested in lithium clay mining on battery day 22 September 2020. He also said surprisingly he could just use salt to extract lithium from the clay.

I see this possibility of Ganfeng buying out BCN regularly posted. My belief it is the posters aim to try and shift the share price.

They are lots of companies that might be bought out . But the one that would make more sense would be Tesla buying BCN.

But I think they missed the boat some years back on that. Tesla are in a fantastic financial position nowadays and could easily go that route. But Ganfengs' interest in BCN I think precludes that now.

Nice and still 1 and a half trading days left of the year. Will we beat the 2018 sp (about 145p a share) in 2021 ?

Just a quick look at the numbers 160,000 tonnes of dry spodumene @ 6% grade = 9,600 Tonnes lithium.

So with BCN capable of 17,500, then 35,000 or 50,000 Tonnes this is a lot smaller.