Member Info for tomcat-14

revised development capital cost of ~A$427M... Since the DFS (November 2017) pre-production capital costs has increased by approximately A$91 million... A$336M + A$91M (27%) = A$427M... only Tier 1 process plant equipment suppliers with the capabilities to provide unrivalled equipment performance guarantees and field support and backup... Now sees a process flow sheet which can accommodate future expansion whilst reducing the overall footprint to reduce construction costs and facilitate maintenance access...

https://www.tesla.com/y?utm_campaign=Y&utm_source=twitter&utm_medium=social ...

‘raising the required $100m to get the project going by issuing all of the 365m shares the BoD have authorisation to is’... they have authority to issue 500m shares now ob...

500,000,000shares x 15.60p = £78m less costs... the equity funding option is pretty much dead in the water for now... unless they come back to shareholders and ask for 1bn shares to issue... whether the project is delayed further again... to allow funding from the spin off of zinnwald... or sale of sonora jv that bcn don’t intend to develop... or sale of some or all of the la ventana project itself... something has to go... and quickly... no lce production 2020 = no bcn lithium plc...

1,000miles/hour... 16miles/min... 160miles in 10minutes... travelling at an av 40mph (not that easy in today’s traffic) means a 10minutes stop every 4hour drive... perfect...

our new mining neighbour at bald hill... https://www.asx.com.au/asx/share-price-research/company/A40 ...

nice one bannor... are they owned directly by people... or a trail of other aussie pty co’s...

yes... and could that not easily be mitigated even further than it has been currently... by reducing the initial 17.5ktpa stage and introducing more steps into the organic scale up... starting with a bigger pilot plant on the mine... using the funds already raised...

whilst it may be a complex process... i always thought bcn had that covered... by using a conventional... tried and tested process... that’s now been producing battery grade lithium for nigh on 4-years... i’m seeing a different story... no excuses for hindsight... just simply played it wrong... and should have followed daz’s graph... money is power...

could be it should be 2019... not 2020... https://twitter.com/sdmoores/status/1101449143833116675?s=21 ... this year... not next...

impossible to say for sure now... but it couldn’t have been this bad for both co’s could it?...

a little reminder of gigafactory 1 planned production ramp to 2020... next year 35gwh/yr on site cell production... https://www.tesla.com/sites/default/files/blog_attachments/gigafactory.pdf ... 1 manufacturer... 1 factory... 500,000 ev’s/yr...

tesla model 3... now selling new for $35k... https://www.tesla.com/en_GB/blog/35000-Tesla-model-3-available-now ...

making the transition... before that kodak moment arrives...

in the laps of the gods that one... but i’ll let you know once we cross the finish line...

source info at... https://investors.albemarle.com ... Q4 2018 Earnings presentation...

any advances on 1mtpa by 2025... (before the end of 2024 that is)... https://www.bloomberg.com/news/articles/2019-02-21/lithium-market-cheers-as-top-supplier-sees-demand-driving-higher ... ‘The number of available plug-in hybrids and battery-electric models announced by automakers for 2021 has grown by almost 40 percent since mid-2017. As a result, demand for lithium carbonate equivalent will be about 475,000 tons by 2021 and 1 million tons by 2025, he said’...

the chairman’s statement isn’t all that bad... really... http://www.lse.co.uk/regulatory-news-article.asp?ArticleCode=d9zip2g0&ArticleHeadline=Interim_Results ... The Company seeks to complete the construction funding in H1 2019... The FS for Zinnwald remains on track to be completed in Q2 2019... Discussions are ongoing with potential strategic partners, to potentially list Deutsche Lithium GmbH, our 50% owned investment that holds Zinnwald, on at least one public market in 2019... In tandem with our ongoing work to finalise the finance package for the project, we have been pushing ahead with Front End Engineering Design ('FEED') work, which is nearing completion... Furthermore, a number of blue-chip institutions, both trade and financial, are currently carrying out due diligence on Sonora with a view to potentially making strategic investments in the project...

who did nemaska ‘s project costings / feasibility study...

wasn’t that why he was brought in in the first place...