Member Info for TrickyDicky2

gaulsdog

That article is 12 months old.

TDT

................commented “While the International Nickel Study Group projections indicate that nickel markets will be in a sizeable surplus in 2021, the high-quality metal availability for battery grade purposes is likely to be very tight. The high-pressure acid leaching (HPAL) technique to convert low quality ore into something that’s battery suitable is complex and projects have been riddled with cost and completion overruns with multiple failures to date. Moreover, the environmental damage from this technique is considerably higher than processing battery grade material directly from high quality sulphide deposits. Similarly, converting low-grade nickel pig-iron into a matte and further processing this into battery grade material is more energy and chemically intense processes than production from sulphides and has a greater environmental cost. So, while there may be surplus in low-grade nickel ore, we believe the market for high quality nickel will remain tight. The deliverable underlying the LME Nickel futures contract is high grade (class 1) nickel (defined as containing 99.8% nickel or above).”

TDT

https://www.google.co.uk/amp/s/www.pewresearch.org/fact-tank/2021/06/07/todays-electric-vehicle-market-slow-growth-in-u-s-faster-in-china-europe/%3famp=1

TDT

Bomber

You could do worse than go back through some recent exchanges between RosyLee and Garf. The two of them have a pretty good handle on the detail, what’s currently missing or unclear from Amur’s published data and general goings on in the nickel space. They are not the last word on the matter as I’m sure both would agree but they do have a grasp of the detail that few other posters on here can match.

For me it’s all about EV uptake and the price of nickel.

TDT

Hi Bomber

Good to hear from you. It's been a long time. I hope you and yours are well?

It's a bit same old same old here. IMO, for what it's worth, we're still waiting for a nickel price that makes Amur irresistible. At the moment we don't have that so we're in limbo. I think the BOD have parked us up in neutral until the market takes a significant step up. That's probably 18 to 24 months away. I'm not sure what that means for the TEO and whether they're thinking its best to delay submitting that until the market improves. That's not clear to me.

One thing to be aware of. There's a lot of disquiet on the this BB. That's never good for sentiment or for encouraging new investors (neither is an inactive BOD for that matter). The feeling that I have is little or nothing is going to happen here for the remainder of this year. Submission of the TEO was extended up to the end of this year but I wouldn't put it past them to extend that again. If that happens I think this BB will explode.

It's difficult to get a handle on what's going on here because the BOD has largely been AWOL for the whole of this year and a large part of last but it's one of these ones where you say one thing and the following day the opposite happens. For that reason it's worth a punt.

TDT

"No doubt there'll be several posters disagreeing with this post...."

Doubt it. I don't think anybody can be bothered.

TDT

“An Extraordinary General Meeting (EGM) is any meeting other than an Annual General Meeting (AGM). The directors may call general meetings when they wish (CA 2006, sec302) and must call a meeting of members holding one-tenth of the voting shares or one-tenth of the voting rights request one (sec303 - sec304).”

TDT

"Has anyone got Robin's direct email....."

Yes.

TDT

This BB is comedy gold.

TDT

Doesn't come as a surprise.

https://www.mining.com/cobalt-nickel-price-rapid-lfp-uptake-dents-ev-bull-case/?utm_source=Battery_Metals_Digest&utm_medium=email&utm_campaign=MNG-DIGESTS&utm_content=rapid-lfp-uptake-dents-bull-case-for-nickel-cobalt-ev-demand

TDT

“ Yep.....back over 18,000”

Another kisses of death! What’s with all these kisses of death this morning? Maybe go easy on the predictions front for the rest of the day please and definitely nothing about the likelihood of asteroid strikes or anything similar.

TDT

"You're not going to get better than 7p."

The kiss of death.

TDT

Anybody got any ideas on why nickel should shot up by $0.21/lb. today?

TDT

That should have been CAGR and not CARG.

TDT

If Ark Invest's predictions are anything to go by the amount of nickel going into batteries by 2030 will be an awful lot more than 25% of nickel production. They are currently predicting a CARG for pure EVs (BEVs) of 82%. That means from 2.2m BEVs in 2020 they're predicting 40m BEVs by 2025. If you assume 50kg. of nickel per EV and only 50% of the 40m having nickel rich batteries that comes to 1m tonnes nickel for pure BEVs alone.

Ark Invest has a very impressive track record on predicting EV uptake. Even if they're out by 50% its still a lot of nickel by 2025.

TDT

"I would like to know about Adam, and that would by proxy affect the SP."

But not necessarily in a positive way.

TDT

dusterinmong

What Trackwise does in comparison to what a company like Horizonte does (find stuff, dig it up, process it, sell it) is a completely different ball game. It would be a fairly lengthy process to firstly establish with and degree of accuracy what it is they make, whether its any good before then going on to figuring out their market and prospects. I'm afraid that's something I neither have the time or the skill sets to do.

Having said they they do look very interesting with an impressive significant share holder list. I presume the roll out of 5G will be good for them? Sorry I can't be of more help.

TDT

"My understanding is the battery pack (not the batteries themselves) in an EV accounts for 35% to 40% of the overall cost of the car. Take a Tesla Model 3 at $50,000 and at the upper end that means the battery pack will cost $20,000. The battery pack in a Model 3, depending on the configuration, will contain approximately 70kg. of nickel. Nickel is currently around $7.75/kg which means the cost of the nickel in the battery is $542.50¢. If the price of nickel goes up by a further $10,000/tonne or even $15,000 it will add between $700 and $1,050 onto the cost of the nickel in the battery pack. That's 3.5% to 5.25% onto the cost of the battery pack or 1.4% to 2.1% onto the cost of a $50,000 car."

TDT

pickedpeck

Oooops.

TDT

JB

A Covid-1.73 outbreak??

TDT