Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Don’t shoot the messenger
https://www.electricvehiclesresearch.com/articles/19642/tata-motors-ushers-in-new-wave-of-e-mobility
https://insideevs.com/news/396177/global-ev-sales-december-2019/
Bib, as I said my posts are not to mislead anyone. I try to post positive information on here because I’m invested here with like minded people. In our the current situation we all need something positive to cling to.
Enjoy the rest of the night.
Bib, I don’t think there’s a lithium junior out there be it in production or still exploring that isn’t in a precarious situation right now. Future looks bright, I just hope it s early investors get to benefit from it.
We’re at a crunch point now, where’s the money going to come from is what we’re all asking ourselves. Let’s wait and see.
Will we or won’t we mine, will we be sold of on the cheap?
If we hold out long enough and ride this storm we will all make money.
https://www.thesun.co.uk/news/10873267/boris-johnson-speeds-up-plans-to-ban-sales-of-new-petrol-and-diesel-cars/
Even the big oil players know they need to diversify, https://www.greentechmedia.com/articles/read/total-and-opel-plan-european-battery-gigafactories
I’ll keep my thoughts to myself but overall I’m a happy boy here now, if a reasonable funding deal drops this will go nuts if yesterday’s turn over was anything to go by.
CORPORATE
Corporate activity during the Quarter was focused on completion of the Renounceable Rights Issue and promoting the Company through the development of relationships with potential investors and stakeholders in the lead up to completion of the DFS early in 2020.
During the Quarter the Company received inbound interest in participating in the Goulamina Project in a project funding, investment, or joint venture capacity. The Company will keep the market informed with respect to any material developments that may occur regarding these opportunities
Post quarter, a Memorandum of Understanding (MoU) was signed with Kodal Minerals, an AIM listed exploration company with a Lithium deposit also in Southern Mali. The MoU will seek will investigate cooperation opportunities in the following areas:
• Pre-development, sharing facilities in the closest town of Bouguoni, where both companies currently have separate facilities to support exploration and fieldwork;
• Establishment of common workshop, servicing, storage and catering facilities;
• Establishment of common supply chains for spares, reagents, fuel and other consumables;
• Joint strategy for transport and shipping;
• Joint approach to community development; and
• An access agreement relating to N’Kemene and Mafele exploration tenements, currently owned by Kodal. The
terms of this access agreement will be negotiated separately.
In addition to exploring operating synergies, the companies intend to negotiate an access agreement for the N’Kemene Ouest and Mafele Ouest concessions (“Bougouni West Project”) that are owned by Kodal Minerals via the Bamabara option agreement.
As a long term holder and sufferer today’s news has de-risked this share for me. Finally some common sense has been used by both companies.
Funding and finance are key and I wonder what BA has up his sleeve with no presentations investor evenings booked?