We would love to hear your thoughts about our site and services, please take our survey here.
In addition to the Gold here, there's the 'Battery Metals' focus with the Nickel.
RNS, on 3rd March:
______
Battery Metals
The growing adoption of electric vehicles (EVs) is driving the increasing demand for nickel, cobalt and lithium ("Battery Metals") - which are each critical metals used as cathode materials for lithium-ion batteries in the automotive industry, as well as the energy and electronics industries.
In addition to advancing the BAM Gold Deposit on which Landore remains focused, the Company is encouraged by the increased demand for 'Battery Metals' as Landore's highly prospective Junior Lake property is host to significant Battery Metals Resources and prospects delineated by Landore prior to the discovery of BAM Gold. These resources are compliant to Canadian National Instrument 43-101 (NI43-101).
The Junior Lake Nickel is the highly sought-after Grade 1 sulphide Nickel suitable for 'Battery Metals'.
"With the burgeoning demand and increase in world prices for Battery Metals, the Board considers these projects to be viable once again, significantly adding to the overall value of Landore's highly prospective Junior Lake property."
______
Also, seperately:
______
At over $20 billion dollars a year, nickel is already one of the world’s most important metal markets. However, with the rise in demand for electric vehicles, nickel is potentially on the cusp of a fundamental supply shift where quality over quantity comes crashing to the fore.
That’s because not all nickel is created equal.
Approximately 62.4 percent of today’s nickel supply is nickel laterites, which produce products such as nickel pig iron and ferronickel. While abundant, these low-grade metals are inadequate for battery manufacture. Instead, the growing demand for EV battery components must be met by higher-grade––but much rarer––nickel sulphides, which produce such products as nickel metal and nickel sulphate.
* Only 15kt of nickel was sourced from finished (Class 1) nickel in 2017; a single Chevy Bolt features 23kg of nickel in its battery.
* Future battery chemistries are expected to contain more nickel, not less––comprising up to 80% of the battery cathode mass used by companies like Chevy and Tesla
______
And:
______
Fitch has updated its estimate of the impact of EV battery manufacturing on nickel consumption and now expects nickel demand for EV battery manufacturing to experience an annual average growth rate of 29% over 2021-2030, outpacing both lithium and cobalt demand, the analyst says.
______
Nudging up .... :o)
Giving opportunity for OEX to take 100%.
:o)
So, that podcast roughly describes the undervaluation.
20 times for the Vanadium
20 times for the Nickel
80 times for Burwell
On that basis, over a 100 bagger.
:o)
And despite the profit taking by some, the information from the interview with JS still stands and there's now the further positive about the Bhandut sale.
The ability to get LNG import prices for the Gas, really enhances the metric here. It's not just the 55% Oil Ratio, which in itself, enhances the profit from production.
_____
Joe Salomon interview..
Salient points:
______
"The potential here is large"
"Any Gas that you can get into the main trunk line in India, effectively gets the price of LNG imported Gas"
"We know the Gas is in the ground"
"We've done a significant amount of work in looking at how to effectively stimulate the wells to increase the Gas flow rates from the low flow rates of the past, to commercial flow rates of the future"
"it's not a complex process"
"to increase the Gas flow rates to very, very, commercial rates"
"the Company is back to a clean and clear state"
"back in control of our destiny, so that's a really major outcome"
______
Note, LNG import prices to India hit a high of around $18 per Mmbtu in January, which would value the 900 Bcf of contingent resources, stated by JS, by getting the LNG import prices, at around £ 11 Billion !
Additionally, there's the 55% mix of Oil / Comdensate to add into the mix too.
:o)
Wolves
As predicted, you complete bore.
Yawn.
_____
RollingInIt
Posted in: CRCL
Posts: 1,140
Price: 2.10
No Opinion
RE: Struggle to buy13 Apr 2021 14:21
The good news is, that completely out of character, you're not trying to do the opposite here .... yet.
You sound so disappointed.
The good news is, that completely out of character, you're not trying to do the opposite here .... yet.
Yes, Gareth's link is from 2015, but if you equate the 7.4p to todays equivalent, based on number of shares now compared to 2015, it runs to about 1p +. Additionally, that was on a 45% interest in Cambay, and it's now 100%.
Blackhopper
Call me selfish but I'm routing for the opposite outcome.
:o)
My error Gordon. Broad enough shoulders to apologise if your post was misunderstood.
Apologies.
Let's not suddenly go down the faux 'green' route.
That's complete hypocrisy for someone previously investing in any oil and gas stock to make a profit.
Also Steve, in his interview, JS stated that a lot of work had been done to get very very commercial rates from the wells.
_____
"Any Gas that you can get into the main trunk line in India, effectively gets the price of LNG imported Gas"
"We know the Gas is in the ground"
"We've done a significant amount of work in looking at how to effectively stimulate the wells to increase the Gas flow rates from the low flow rates of the past, to commercial flow rates of the future"
"it's not a complex process"
"to increase the Gas flow rates to very, very, commercial rates"
Steve
Pointless trying to make 'armchair' assumptions other than from those at the helm with official detail from the company.
:o)
Worth remembering the MD's words in the interview a week ago:
_______
Joe Salomon interview this week.
Salient points:
______
"The potential here is large"
"Any Gas that you can get into the main trunk line in India, effectively gets the price of LNG imported Gas"
"We know the Gas is in the ground"
"We've done a significant amount of work in looking at how to effectively stimulate the wells to increase the Gas flow rates from the low flow rates of the past, to commercial flow rates of the future"
"it's not a complex process"
"to increase the Gas flow rates to very, very, commercial rates"
"the Company is back to a clean and clear state"
"back in control of our destiny, so that's a really major outcome"
______
Note, LNG import prices to India hit a high of around $18 per Mmbtu in January, which would value the 900 Bcf of contingent resources, stated by JS, by getting the LNG import prices, at around £ 11 Billion !
Additionally, there's the 55% mix of Oil / Comdensate to add into the mix too.
:o)
Excellent news ! :o)
Javier
Something only you can decide.
Nobody on here, including me, is qualified to give investment advice.
Conger
You know exactly the point being made.
Nothing but extolling the many virtues when buying and holding followed now by 'concerns' of underperformance having now sold.
All Jrl highlighted, far more succinctly than me, was the transparency and hypocrisy of it all.
While the words chosen may be different, I agree with the sentiment.
Which you saw as a positive at the time when you held, so the pretence for justification doesn't stand up.
Regardless, the principle of trying to promote a lower price having sold, whether a profit was made or not, is not one to be proud of. Quite the opposite.
Espen
I enjoyed a profit in WEB too and if they sell their USA licences at some point, it'll be a lot higher than it is now.
What I didn't do, however, was post that I thought it was going to drop once I'd sold.
Not the decent thing to do and poor character.
As I understand it, the finger was initially being pointed at Conger, understandably, and not Gordon.