Member Info for Si90

Gangfeng getting involved makes this project. It doesn’t matter that they git in at 25p. Good for them. What matters to us is the experience and financial clout that they will bring with them.
If we had let some fund in at 25p, then I would have sold the day it was announced.
I do not for one minute believe that we will only be producing 17500 tons. It will be scaled up as quickly as possible. Even Elon, who a couple of years ago said don’t worry about Lithium, its just the “salt on the salad”, has now said Tesla may have to get into mining to secure supplies.
(He said it in this years shareholders meeting for reference).
There is going to be serious money coming into this sector as speak.

Going for it now. 30.75 to sell. Looks like we have finally broken through.

Well we have closed at a 2019 year high. Onwards and upwards from here.

But. Buy

Some nice 50k deals going through. Manu seem to be right in the middle, so hard to know if buy or sell. I just tried a dummy sell for a similar amount 5 mins ago, offered 29.1, so that last one looks like a but at least.

29 on the bid. So close!

Looks like we are heading for another nice steady day. It would be good to touch 30p today. Bid ticked up so looking good for another rise today

There is certainly a steady trickle of buys coming through. 28.05 to sell as many shares as I have. Feeling confident. We have formed a nice base at these levels, hopefully we will push on past 30p soon. Its about time!

We could do with some volume mind.

Well we have just about touched the 200 sma. I believe that is a very bullish sign if we cross through it?

Lithium might be a finite resource, but only like copper is a finite resource. The lithium is not lost once it goes into a battery, and will be recycled in the future. Hydrogen is a great fuel, and if we could just get it out the ground like methane then we wouldn’t have a problem, but we can’t. The only manufacturer that is seriously developing it is Toyota, and they are doing a slow U-turn by developing Bev’s. I think that as their battery sales take off, they will just slowly forget about it.

Hydrogen is dead. There are 11 filling stations in the uk according to zap map. You just would not buy a fcev ever. The infrastructure is just not going to happen. Compare that to the thousands of bev charge points, and add to the fact that they can be charged from home, and in some circumstances for free (if u have pv) and the whole hydrogen thing looks farcical.
Add to the point that Hydrogen is not abundant, as it is always attached to either oxygen (water) or carbon (fossil fuels), and that means you have to expend huge amounts of energy just to produce it.
Then it has to be compressed to 700 bar (or around 10500 psi) to make it usable (which is a bomb and also another huge consumption of energy) and you think to yourselves you might as well just put that electricity straight into a battery.
Fcev’s will remain impractical and expensive to buy and run, while in a couple of years bev’s will be cheaper to buy than current ice cars, and be ten times cheaper to run.
And on pure economics alone, the li-ion battery is going to be the power source for a long time yet. Wait till they manage to get rid of the electrolyte and make them solid state and with pure metal lithium anodes. 1000 mile range cars at a cost to run of 2p per mile, with charging a rate of 1000 miles of charge per hour.
Why would anyone want a hugely complex hydrogen fuel cell over that!

So, amazing news (for us). It looks like Toyota, who started the whole ev revolution with their Prius, but have been really struggling of late to find direction, are going all out Ev.
For the last year they have been promoting their “self-charging hybrids”, which many EV purists have found despicable, and developing the hydrogen fuelled “Mirai”.
However, they are now teaming up with Subaru, in much the same way that Ford and VW are partnering, to build a Skateboard style full electric chassis that they can put whatever shell they like on.
And a tweet 2 hours ago from Simon Moores of Benchmark minerals quoting Toyota saying that they now see themselves as a battery producer as much as a car maker.
I think that the Japanese minerals trader Hanwa is going to have a full order book very soon, and are going to be fighting with the Chinese over Lithium supplies.
50 Kt pa mine anybody?

Hanwa and Oman hopefully. 25 million from Hanwa and anew deal from Oman who were putting in 65

It’s a breath of fresh air isn’t it! A ceo who talks about what he knows, rather than a salesman spouting off nonsense causing spikes. I think the likes of Gangfeng and Hanwa have the technical expertise that they don’t need a salesman to encourage them to invest, and they are the ones that matter. Can you name me any other projects that have received easy funding? Because I don’t see any blank cheques been signed. Their CEO’s obviously are not faring very well.

The detail on funding is asked as straight forward as possible. Consensus that there is $100 million left to find, if Hanwa and Oman put in $65 and $25 respectively then only $10 million to find. Discussions on going

https://m.soundcloud.com/lithiumionrocks/e14-ganfengs-big-adventure-mexican-clay-bacanora-tequila?utm_source=soundcloud&utm_campaign=share&utm_medium=twitter Try that.

Indeed. Just listened to lithium ion rocks podcast. Howard klein interviewing Peter Secker. Just been released. Oman still very much in the picture and ongoing discussions with them.

Well it seems to me that the people who were expecting another Sonora to be announced have sold, while the people who understand what zinnwald is, a small but profitable project are sitting tight, and new investors are now buying in.
The Lithium fluoride route is interesting. Are there any other mines talking about producing it?

We are not interested in tin! Only reason emh includes the tin credits is because the mine isn’t feasible without them. Take the credits away and it becomes one of the most expensive producers in the world.