Member Info for trillsg

With his blessing to share with you all,

Hi *****

Thank you for the question.

Indeed, we have been taking a keen interest in the Faraday initiative and I have heard several presentations from those involved at various conferences etc. It is good to see such a major commitment by the UK government. As you can read, the funding is focused on battery technology but includes “any technology or process that stimulates innovation in the manufacture, performance and supply of materials for batteries”. Commonly, hard rock lithium operations mine, process and produce a concentrate which is sold to a lithium converter (almost all in China) to produce battery grade material.

There is a strong motivation, both from an economic and security of supply point of view, to produce batteries in Europe. See FAME -http://www.fame-project.info/. Once we have completed and assessed the results from the first stage of our lithium R&D initiative we can then decided upon the next course of action and, where appropriate, possible funding options.

Kind regards

Martin

Martin Rosser BSc (Hons), ACSM, CEng, FIMMM
Chief Executive Officer

It's sent Chesh but we both already know what the answer will be.

Morning ogm4,

Surely we will be entitled to some of this,

UK Government will invest £246 Million to support the development
of new battery technologies

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/706240/03_IOM3_The_Drive_for_Lithium_Santiago_Apr_18.pdf

Worst performer in my portfolio of 6 stocks but the one I'm least worried about and have no intention of selling even in profit. There's money under that mud.

True Chesh. Wardell were given the task to find a method to economically produce Lithium from hard rock, by the European commission. I they say it works, It works! They have small scale production facilities in Australia. This isn't lab tests. Basically trying the process on a pilot plant so hopefully that's a stage skipped, and save us the $250,000.set aside for it.

High quality samples and/or concentrates of the lithium bearing minerals zinnwaldite, lepidolite, petalite and spodumene have now been received from prospective projects, advanced projects and active operations in North America, Europe and Australia.

They'll be getting their results too, if they haven't already. Who's going to strike up a deal to accelerate it first? The demand is too strong to wait for a small company to build a pilot plant over 12 months.

Their resources are brine Snowman, so sadly our method is no good to them.

Chile is the 2nd biggest producer of Lithium in the world, after Australia. They're going for the biggie, must have some spectacular results. Fame is all about creating a method to produce Lithium in Europe. Why was they even there? Hell of a coincidence considering there are thousands of mining conference's Globally every year?

Such a simple process. Pump the solution into a bore hole then collect the solution from exit hole. The ore is extracted and solution recycled.

Results from the new project should produce results quickly, yes/no. Then what? Do they produce their formula in bulk and sell it, or, like a drug, collect royalties for the use of their chemical formula? Either way It could be cash generative in a relatively small space of time.

Hope this is of some help to you Zodiac.

https://imgur.com/a/l3BKvod

So they're out there promoting it without the results? Most definitely been given the nod from Wardell and Chris then.

Good find Nixalas, He's teamed up with Welham. Not going to do that if it was looking like a no goer.
Translation.

Fantastic and don't forget, once the plant is built they're able to claim back their R&D costs, which according to Clegg is worth millions

Cheers Dinger bud (Not a bud as in a an undeveloped or embryonic shoot and normally occurs in the axil of a leaf or at the tip of a stem. Once formed, a bud may remain for some time in a dormant condition, or it may form a shoot immediately.)

PS

The verb to spell most commonly means to write or name the letters that form a word in correct sequence. To spell is one of those verbs with both an irregular form and a regular form. ... The past tense and the past participle can be written as either spelled or spelt.

NICKEL!!!!!! Twice now. No spellcheck excuses just always thought that's how it was spelt.

I've had a little time to let this sink in and study what has been reported. As highroller just posted, not a bad Rns.

Hyperleach works on site for Nickle and they are now expanding trials for its use with Copper too.

Potentially doubling the value of our Deep South Resources deal by being considered for their HIAB copper project in Namibia also.

Lithium delayed slightly but not their fault, for once.

My personal worry that the Vanadium project had failed were unfounded. Simply awaiting the results now.

And ultimately, Global conditions appear to be making our tech even more attractive.

Not quite Dinger style I know.

A new project has been started to examine the use of HyperLeach® as a method for recovery of copper from the low-grade porphyry halos which surround higher grade sulphide deposits. This work follows on from earlier successful work on flotation concentrates conducted in both Mongolia and Australia.

So the previous nickle tests they carried out were successful. Would have been nice to have let us know before now.

So, either they haven't finished writing it yet or think keeping shareholders waiting is best for business.

I'm going for 2.45 rns and hyperleach trials positive and on going. Vanadium, working closely with Multicom . Lithium, awaiting results. Iran, early stages. Sivas, deal completion imminent biscuit barrel brining.

You're absolutely right cannons but they'll need to let us know what's happened to Hyperleach. They clearly didn't feel the need to update us on it's progress so should be interesting