Member Info for tomcat-14

selling to china @$28,000/t 155% increase npv8 = $4bn nearly 10x capex... what was the contract rate agreed with hanwa again...

if someone did short this down from 150... there’ll be a shortfall somewhere... maybe hl were just unlucky to be the last to deposit...

lithium metal @$150,000/t... equivalent to @$28,174/t li2co3 (lce)... no wonder jl and his dog are predicting another price uplift soon... lce has 40% headroom to catch up on (based on china prices)... will be interesting to watch how the next round of term contracts fair... see who’s right... the dog or the white collars...

quick update on lithium metal pricing... it seems to have gone up 50% on the price i quoted in my last post in this thread... sat14apr... lithium metal current pricing at thu19apr... https://twitter.com/sdmoores/status/986899522751270913?s=21 ...

and our friend jl and his dog are predicting that some well paid smart people in well respected businesses... have it all wrong again... most likely wanting to get in and steel some cheap lithium of us pleibs hey... $11,000/t lol... https://twitter.com/globallithium/status/985940904866340864?s=21 ...

page 14... using the benchmark minerals real time contract pricing for battery grade lce in eu/china... puts sonora npv8 up to... eu @$16,000/t 45% increase : npv8 = $1.75bn or 4x capex... china @$20,000/t 82% increase : npv8 = $2.45bn 5.8x capex... and cinovec up to...

the capex on page 18 for sonora is wrong too... it should be $420m... stage 2 is organically funded from the proceeds of the stage 1 production... the stage 2 costs are already built into the npv8 $1.25bn... giving a 3x capex:npv ratio... not 1.5x... hope investment decisions aren’t being made on these errors...

and before you go fire sale it all off for $200/t lce... we should give our elon a call... 624... if he can stump up the 450m upfront cash... we can produce his lithium at $6,000/t contained lce... 6... keep the $2,000/t contained lce profit... 2... and he covers the ongoing production costs $4,000/t contained lce... 4...

i’m just going off the figures bcn have achieved and are published in the jan2018 feasibility study ob... 842... total net revenue $8,193/t contained lce... 8... total production costs $4,009/t contained lce... 4... total gross profit $2,896/t contained lce... 25%gp... 2... all based on a bottom dollar sale price of $11,000/t battery grade lce... so $2k/t contained lce is my target... peter secker just quoted contract rates currently at $13,000/t lce... others have said it’s $16,000/t lce... with spot prices in the $k20’s/t lce... if bcn can’t ramp this to 100ktpa quickly enough... we need to be pulling that rem jv1 scoping study back off the shelf again and give it another dusting off...

ob... 842 was the target set... 842 was the metrics hit... production... integration... or just sale... $2k/t contained lce looks about right to me... for $11k/t battery grade... which is very cheap itself...

THE... Saudi Arabia of Lithium... maybe... sonora AND san luis... san luis could be the next greenbushes... sonora already is... just gotta get the 1st tonne lce outta that clayee stuff...

bannor... he wasn’t fibbing at all... sonora is potentially massive... how much contained lithium is included in the feasibility study... how much contained lithium do we have in the total drilled out reserves... how much contained lithium do we have in the drilled out resource...

$100,000/t... didn’t someone predict that as a future rate for lce... and from memory that wasn’t a peak rate either... but was reported as a sustainable rate...

lithium fluoride... ;) that’s the route to solid lithium...

looks that way... but why is only pru doing it...

kodak... gone... nokia... gone... apple’s dirty old grid supply... gone... some of these data centres have the highest energy demand density and most resilient supply requirements for any building type... almost continuous demand... they don’t go home at night to eat/sleep... they carry on working 24/7... this is a huge testiment to ‘the missing link’... a message to all policy makers and building owner/operators alike... it can be done... and it saves $m’s... directly and indirectly... https://twitter.com/tim_cook/status/983479051330269184?s=21 ... 842 well done bcn... knock it for 6...

they didn’t really give much away did they ob... except that existing shareholders who made the effort to vote are very much behind them... 99% for the re-dom... 94% for the facility to raise the project funding... if we voted... which is hard to imagine we didn’t... it was definitely a yes to both... but who knows hey... http://ir.euroinvestor.com/Solutions/BacanoraMinerals/2482/newsArticle.aspx?storyid=13868950 ...

ask them to confirm in writing the time and date the shares were deposited... and also confirm that the shares have not been placed on the dissentients register...

ditto what bannor etc just said... ignor or filter... alix... alix... where is alix... can’t find them on sedar... did they name and ticker change?... minds gone completely blank re: our neighbourhood alix/lit clay enterprise...

btw ob... i like the 842... ;) it suits you... 16842 just doesn’t look right in black...