Member Info for SorB

Wasn’t going to post as I’m on my hols but this article was to good not too.

https://www.eco-business.com/news/battery-boom-aids-climate-change-battle/

My last post for a while, let’s hope the next few weeks see us at new highs.

https://qz.com/1551526/oil-giants-are-competing-to-buy-battery-companies/

Apologies if already posted.

https://www.theguardian.com/environment/2019/feb/12/electric-cars-already-cheaper-own-run-study

https://www.ft.com/content/ed2e6b10-306b-11e9-8744-e7016697f225

https://www.energy.senate.gov/public/index.cfm/files/serve?File_id=9BAC3577-C7A4-4D6D-A5AA-33ACDB97C233

https://www.reuters.com/article/us-rivian-electric-amazon-com-gm-exclusi-idUSKCN1Q12PV

Even a mention in the mainstream news now (be it small):https://www.thisismoney.co.uk/money/markets/article-6697745/MARKET-REPORT-Traders-urged-dining-beleaguered-Just-Eat.html

If you have doubts about your investment, read this. when you have your finger on the sell button, read this. When your thinking of buying more lithium shares, read this.
https://www.zerohedge.com/news/2019-02-12/renewable-revolution-has-lithium-problem

For those of you who want some real answers to Mali’s mining code https://iclg.com/practice-areas/mining-laws-and-regulations/mali#chaptercontent1

To be honest It wasn’t the best update as they stated the Chinese market had slowed slightly but were now looking outside china for growth.

What intrigued me was that they mentioned the recent flooding has had a big impact on there evaporation pond and they are now looking to diversify.

Reuters statement:
“To the detriment of suppliers like Livent, China has been shifting its electric vehicle subsidies from automakers to charging stations and other physical infrastructure, Graves said.

ARGENTINA

The company said that heavy rains at its Argentina lithium production facility diluted evaporation ponds with more than 80 millimeters (3.2 inches) of water last month, affecting more than 750 tonnes of production.

Livent produces lithium in Argentina and then ships it to China and other places for processing. The company is looking for expansion opportunities to diversify, especially in hard-rock lithium operations typically found in Australia and Canada, Graves said.”

Kodal actually tweeted the link to the article so they must have proof read before posting. As you say joeman, all will be revealed very soon.

"Kodal is continuing the fast track development of the Bougouni lithium project and has recently met with both the Mali Minister of Mines and delegation to provide an update on the Project. The first step is to complete the update of the JORC Mineral Resource as this will be utilised for the future mine design and scheduling. The Company is also finalising the metallurgical testwork and the engineering design of the proposed processing plant."

Revised Jorc next week and then game on, Mali ministry and delegates are with us.

https://www.edisoninvestmentresearch.com/sparks-blog/entry/kodal-minerals-kod-announces-final-assay-results-for-its-bougouni-lithium-p

Note that alliance minerals brought out Tawana resources, so
When you see Tawana scattered in our past RNSs you can make the connection.

If Ba and Sz are true to their words I will love them both forever.

Take a look at the new presentation from the Bald hill development which we are going to emulate, 16 months from first drill to production.

Enjoy https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD4ge6yxOZoYMJke92GA%3D%3D

Went to my local shopping mall on Saturday and they had two KIA cars with salesman in the middle of the mall. I asked the guy what the car was and he mentioned it being a Kia Nino which was dual fuel with a 60 mile electric range. I then asked what Kia we’re doing in regards to all electric vehicles and he surprised me by saying we can’t make them quick enough, we have a huge back log of orders. I said but we’re told the car market is on its arse? Not for electric he says. He mentioned the car was an e-nino with a 270 mile range OTR £34000.

Me being intrigued I just googled it, take a look at this article https://fleetworld.co.uk/demand-outstripping-supply-for-kia-e-niro-ev/

NZgreen, thanks. It will be interesting to see.

Either way Daz, you’re onto a winner.

BGS loss is our Gain, and as your in both shares it doesn’t matter.

Birimian continues to seek approval from the Government of Mali for two exploration permit applications for Mafele (100 km2) and Nkemene (95 km2), situated adjacent to the Company’s Torakoro permit. The company has been made aware that competing applications for the area covered by Mafele and Nkemene may have been granted to a third party and the company is currently seeking to clarify the position with the relevant authority in Mali. If this is the case, this not expected to materially impact on the Goulamina Project as the area of the application was to be:

(a) explored for its lithium prospectivity and as such, the published Reserves and Resources for the Goulamina Project are unaffected as is the further prospectivity of the Torakoro Permit which has only been explored as to 12%; and

B) Used for infrastructure for the Goulamina Project but the Company has other alternatives on which to locate infrastructure and the cost of this is within the capital cost envelope which has been announced with respect to the Goulamina Project

Until I see it I don’t believe it Daz, BGS mentioned in their last RNS they need clarification from the ministry of mines on how they lost the tenements.

As I said if you can prove otherwise I’ll stick with what was formally announced by BGS.

All, look around at most lithium explorers and then look at us. Who would you swap your shares with at this point in time?

I could understand if the share price was tanking?

You can knock SC investment if you wish, but do you think we would have the Mali ministry onside to the point we’re even being given first dibs on new tenements.

Someone posted this on ADVFN, was updated two days ago. What’s everyone’s thoughts?https://beta.companieshouse.gov.uk/company/07220790/filing-history

Guys, this is bigger news and has just been released.

I haven’t mentioned this but spod prices were predicted to drop to around $600 dollars a ton but predicted to rise later in the year. This is what’s spooked a lot of lithium explorers/miners over the last month or so. The news below is excellent for all of us.

Mineral Resources Limited (ASX: MIN) (“MRL” or the “Company”), on behalf of Reed Industrial Metals Pty Ltd which owns and operates the Mt Marion Lithium Project (“Mt Marion”), advises that the sale price for 6% spodumene concentrate shipments for the March 2019 quarter will be $US791.84 per dry metric tonne (“dmt”), compared with US$930.80/dmt for the quarter ended 31 December 2018.
Reed Industrial Metals Pty Ltd is owned 43.1% by MRL, 43.1% by Ganfeng Lithium Co. Ltd (SZAE: 002460) and 13.8% by Neometals Ltd (ASX: NMT).