Member Info for TrickyDicky2

LME stocks down 1,740 tonnes as predicted. Up by 1,518 tonnes tomorrow though.

TDT

All previous “industrial” revolutions have lifted millions if not billions out of grinding poverty. Who wouldn’t want that. It’s what most people do once out of grinding proverty that’s the issue as many see the route to happiness in consuming more and more.

There will always be elites telling the masses what’s good for them. False consciousness on the left a patronising disdain for the poor on the right. That’s how elites legitimise what they say and do. The liberal consensus somewhere in the middle telling everybody what they need to hear to feel good about themselves. Bit of a mess really.

And all the while the engineers, academics, scientist just getting on with trying to make things better.

TDT

BoldlyGo

Agreed.

TDT

Nickel in the LME should drop by about 1,740 tonnes tomorrow. I think the day after that it will go up for the first time in several weeks.

TDT

I’ve got my conspiracy head on again!

TDT

Interesting article in several respects.

TDT

https://cleantechnica.com/2021/08/24/why-i-think-the-new-byd-dolphin-will-convince-millions-to-go-electric/

Hazbeen

Is your 500k friend in the market again?

TDT

FreeTheCaterham7

This is what you will get from the registrar (or something like it). The hard part is knowing how to track things down from account to account as shares get moved around but it can be done if you are patient.

https://www.dropbox.com/s/swk4ur4wcpwmwl3/AnnualReturn%202008%20to%202009%20copy.xls?dl=0

TDT

What you can get from the registrar is a copy of the share transactions over a 12 month period. That's what I got for Sirius Exploration when I was trying to unravel who was selling hundreds of millions of shares. I managed to get the information from Companies House not the registrar but it should be the same no matter where you get it. Let me know if you'd like to see an example of what you'd get and I'll send you a copy of what I got for Sirius Exploration (if I can find where I filed it).

TDT

I bet that got a few excited?

TDT

Hazbeen

I hope you're right, in fact I really ,really hope you are right.

TDT

Hazbeen

Where have you been these last 2 weeks? The other week when the share price popped its head up above 7p it got hammered by a whole series of 100k, 200k, and if memory serves me correctly, a couple of 300k sells. That hasn't been happening this week so with luck our seller may be done for good/now.

TDT

Basing the figures on miles travelled is probably the simplest and only way to make a sensible comparison. An ICE vehicle, with all the electrics necessary to operate and run that vehicle, is more prone to going on fire than an EV with all of its electrics. Admittedly the quote in the previous post is all ICE vehicles in the USA versus all Tesla vehicles in the USA so it isn't representative but at the same time mass adoption of EVs as a recent phenomena. It's inevitable there will be teething problems initially, especially when you consider the speed with which EVs are being rolled out.

I suppose the quote could reasonably fall into the "there are lies, damned lies and statistics" category. At the same time you have to take on board the fact that there a many powerful interest groups out there just itching to find and highlight problems with EVs.

TDT

These bulletin boards are rife with conspiracy theories, most of which are hokum, but in this instance I think that's exactly what we are seeing and I'm pretty sure, as well, the company is well aware. This is not going to be popular but you have to take on board the fact that JM is no different to the rest of us. His principal motivation is self interest. His relationships with the big investors, mining companies and banks are far more important than his relationship with PIs. He's quite a young man and will, I suspect, have a life and career long after Horizonte. He'll be working with the same IIs, banks and miners on future projects and they'll want to know they can rely on him.

We will not see an end to the current share price suppression until the equity portion of the fund raise has been inked.

TDT

"From 2012 – 2020, there has been approximately one Tesla vehicle fire for every 205 million miles traveled. By comparison, data from the National Fire Protection Association (NFPA) and U.S. Department of Transportation shows that in the United States there is a vehicle fire for every 19 million miles traveled."

They've had decades to to perfect ICE, EVs probably 10 years at most.

TDT

redmountain

Projects like KM are usually funded by a combination of bank finance, equity and off-takes. Usually 65% to 70% finance with the remaining 30% to 35% equity and off-takes. Assuming, just to keep it simple and based on the FFS option, $700m then we'd be looking at $310m to $345m for the equity/off-take portion. Lets assume the share price gets up off its arze at some point and reaches the heady heights of 7.5p. If the $310m is all equity, that's £225m, at 7.5p that equals 3B addional shares.

Big asks with the above. First off getting the share price up to 7.5p going into a fund raise would be difficult. An impending fund raise usually knackers the share price, look at Horizonte Minerals, not enhance it. That's before you even consider the difficulty in securing debt finance.

I don't and have never thought that Amur would take KM into production. I agree with CT on this issue, KM will be sold. That's what I believe TB was brought on board for.

TDt

Hi sasa

I hope that's the case. Class 1 nickel becoming the preferred option for batteries makers just put another feather in our cap.

TDT

https://www.reuters.com/business/autos-transportation/skoreas-lg-chem-shares-fall-more-than-6-gms-bolt-ev-recall-2021-08-23/

That's got to hurt!

I thought this bit interesting.

"In February, South Korea's transport ministry said a joint investigation with LGES and Hyundai found defects in battery cells at an LGES factory in China. The investigation is ongoing."

I wonder if the problem stems from impurities in the nickel used? In particular if the nickel used was MHP and not class 1.

LG must have some serious doubts about setting up in China given the competition between Japan, Korea and China to dominate the battery market.

TDT

https://www.miningweekly.com/article/nickels-becoming-a-battleground-for-bets-on-battery-future-2021-08-23/rep_id:3650

Probably doesn't mean much for Amur but it should be good for nickel in general and anything that's good for nickel should ultimately enhance Amur's prospects.

TDT

RY's salary is actually $316,000 pa.

TDT