Member Info for trikidiki3

I wonder if any of the 'Urban Mobility by Bicycle' crowd would dare turn up on an e-bike.

Sucked in by the 'Cobalt Red' propaganda.

The vast majority of Cobalt is mined commercially and responsibly. Mine owners allow some rights for artisnal miners to make something for themselves and this is where the children are involved. The numbers are miniscule.

Maybe we should ban parents from taking their children up the allotment on a Sunday morning or farmer's children helping out during haymaking.

Most squid are damp.

Squib?

Lovelyboy

I seem to remember reading that the tailings were going to made into a slurry, so one could deduce they are planning to pump it back into the mine voids. I wondered if they could make it into an aerated concrete as they did at Combe Down near Bath where they needed to improve the structural integrity of the ol coal mine workings.

"Just need a Scotland win tonight now!"

The impossible we can manage, miracles take a little longer.

I read that they were planning to dispose of tailings in the disused sections of the mine but they also mentioned possibly selling and transporting up to 200kt of aggregate. There is a planned upgrade of the road just north of the site which may make it suitable for lorry transport. It just seemed logical as they back right onto the mainline to make use of it. A simple loop parallel with the track next to the main processing building would seem logical.

Just speculation.

TUN?

I'm sure lorry movements will be a problem as the exit is right opposite the entrance to Tesco in the middle of a 'retail park'. Still, as long as the trucks aren't heading past my house.

Western United Mines own a sizeable patch of land behind SC and have a large frontage onto the railway, seems the most logical way to move spoil and product. With some financial inducement (to relocate a garage, a construction company and a small engineering works) I'm sure they could extend that frontage to well over half a mile. It may be that WUM own the land anyway.

Sidings anywhere else would mean double movement of the material unless they install some type of conveyor.

Vii

"It will be interesting to see if the demonstrator brine unit mentioned in today's announcement is located at United Downs, as this will benefit CUSN. My guess is it will be quicker and easier to do that at UD as the site is already set up for industrial plants and has the deep holes necessary for the hottest water."

At their open day they were suggesting that the 'plant' for brines should be easily transportable. They suggested it could be housed in containers that could be moved from site to site as required.

But then only a mile from the South West Superhighway, OK the A30.

Vii

Rail seems the most obvious choice. SC is maybe 100m across an empty brownfield site from the Sout West mainline.

Sharebel

You seem to be pointing the finger of blame at PREM for the lack of visiblity of the RNS. Did they not provide the information to the Exchange as required. If there is a breakdown in communication after that, it's not the company's fault.

Regardless, the only people bleating about it are the traders who may have missed scalping a couple of percent. LTHs that want to see this through to fruition couldn't give a monkey's.

Laverda

If you can spell lepidolite, look it up.

Laverda

Canmax didn't/can't pull the plug.

There was an agreement to try to reach a new agreement by 23 June. The proposal from Canmax was not acceptable to PREM and they declared Force Majeure prevented them fulfilling the supply. Canmax cannot "pull the plug" while the FM is in place. If PREM can bring the plant up to scratch and produce the required grades then the FM will be removed and Canmax can decide to continue with the agreement which is in place, negotiate a new agreement or walk away. Likewise, if PREM do not supply the goods (maybe because they form an agreement with another party) we can repay the advance payment with interest.

The only way Canmax can "pull the plug" currently is to have a court declare that the FM does not exist. STARK will back up PREM so it is unlikely to succeed. And the time it will take for a court to decide will give us the breathing space we need anyway.

Is this AMG trying to get retail investors to cover their (for now) overpriced purchase?

Imerys seem to be undergoing some sort of restructuring/redirection. They were (I believe) the largest producer of natural graphite in the Western World but are ceasing operations and are handing that mantle to Nouveau Monde Graphite.
I think you are correct that the share price rise is a result of moving into the EV materials sector.

Imerys are aiming to produce lithium from a former kaolin mine. Sounds familiar.

https://www.cnbc.com/2022/10/25/french-project-aims-to-supply-europe-with-lithium.html

Bear also in mind that the second and third largest producers of Potash are Belarus and Russia. The current climate of sanctions is going to throttle that supply.

I think that come the IPO, current shareholders MAY be offered shares earlier than the general market. It is not an unusual situation for current shareholders to be given 'first dibs' on any new shares.

However, the first two posts appear to be misleading.
The article by IG just appears to be touting for people to open an account with them. They do not say nor is there any reason that I can see that the shares are only going to be available through IG. Therefore you can open a commission free account with several different brokers. Or pay commission and have a more 'secure' transaction with one of the more reputable brokers.
The second message suggests a possibility of more shares at IPO being granted to you in the case of over-subscription if you already hold more shares. While this may be true there is no simple way to obtain more shares before IPO either through IG or any other broker without entering into a private off market sale.

Rodney Hooper from RK Equity was with Lucy Crane in Cornwall this week.
I wonder if this has any significance.

https://twitter.com/RodneyHooper13/status/1582438008640323584

Rock Stock's video yesterday has a piece from Mineral Resources saying they don't want offtake agreements with set prices, they reckon they are better off playing the upcoming supply deficit to their advantage: "....if you don't own your rock, you're screwed --- by us!"
https://www.youtube.com/watch?v=k_-vmNNbiWQ