Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
..... because AVCT has attracted a new breed of cry baby investors, deary me, whine whine whine! Go buy some scratch cards if you want to make money in an instance, the Stockmarket clearly isn’t for you!
What are you blabbing on about? Never read so much nonsense, did you buy over 170p and tried to nick a few quid on T+20 trade with money you didn’t have? LOL! Tough, no sympathy for spiv traders! Leave this to the serious investors, we are over the moon for with today’s fantastic company defining moment.
We are now not bound to take the first buy out offer of the company, we are fully funded for years so are now in a massively strong position to say No thanks, we’re fine as we are, come back with a proper offer!
... are the moronic day?/ week traders who spill their bile over all the bulletin boards sometimes up to 50 posts a day, you can fill their desperation with their ludicrous claims either ramping or deramping and angry outbursts. Please kindly go elsewhere and leave investing to the long term value investors.
Well played the BOD, excellent news in raising money in such uncertain times, 120p is a great price, secures the company?s future, who would have dreamed they could raise twice the market cap and six times the price of two months ago.
This takes away a lot of uncertainty now.
Recent policy changes in the EV space compounded with the emerging uncertainty in global macroeconomy under the COVID-19 pandemic may bring more volatility to the nickel sulphate market.
Roskill’s new Nickel Sulphate: Outlook to 2029 report was recently published, addressing opportunities and challenges the nickel sulphate market facing in the next decade. It provides a deep-dive analysis on market fundamentals with a 10-year forecast and quarterly updates keeping pace with industry developments.
Roskill Information Services L
Roskill: Nickel sulphate to be the key growth area of nickel demand over the next decade
As a crucial raw material in Li-ion batteries used to electrify vehicles, a significant volume of nickel sulphate will be required in the decade ahead from the booming automotive sector. Roskill’s newly-released report on the nickel sulphate industry shows that growth from electric vehicles (EVs) will increase the market share of nickel in batteries against the well-established stainless steel industry, making it the key growth area for the nickel demand.
London: UK, June 01, 2020 (GLOBE NEWSWIRE) -- A couple of years ago, the market for nickel sulphate, however, was largely driven by the plating industry and non-Li-ion battery applications such as NiMH and NiCd batteries with stagnated y-o-y growth. From 2014, owing to the mass production of Li-ion batteries and the popularity of ternary cathode materials (composed of nickel, cobalt, manganese or aluminium) in portable electronics and electric vehicles, the consumption of nickel sulphate has markedly increased as the requirement from Li-ion batteries has grown over twentyfold in the past decade.
Despite the rapid growth in recent years, as of 2019, total nickel sulphate consumed still only represented a trivial part of the total consumption of nickel, which explains why such refined chemical product only appeared on the nickel radar recently. Over the next decade, Roskill forecasts an explosive growth rate for the consumption of nickel in batteries (mostly in the form of nickel sulphate). Such demand growth will not only be supported by the uptake of EVs and their larger energy capacity, but also by the greater use of nickel-rich cathode materials to improve energy density of automotive batteries. As a result, Roskill’s report shows that battery applications may have the potential to be the next largest application of nickel after stainless steel by 2029.
To meet the forecast demand levels, a significant volume of new nickel sulphate units will need to be produced from primary nickel feedstock sources such as intermediates and Class I nickel, as well as from recycling of various residues and scrap materials. While in the past, producers fully integrated from mining to refining played a major role in the market, much of the supply growth in recent years can be attributed to non-integrated processors relying on externally-sourced feedstocks. As such, the future availability and suitability of feedstocks for the battery industry will be essential to the production of nickel sulphate.
In such a fast-moving market volatility is inevitable. The price for nickel sulphate, typically in the form of a premium over the underlining nickel metal price, has become more volatile in recent years as a supply-demand mismatch has become less uncommon given the cyclical nature of major applications such as automotive and portable electronics.
https :// www. investegate.co.uk/roskill-information-services-l/gnw/roskill---nickel-sulphate-to-be-the-key-growth-area-of-nickel-demand-over-the-next-decade/20200601054510H8082/ - Close all the gaps at front of link for article
Everything has been done as needed, SIG will be on the acquisition trail soon buying up distressed companies at knock down prices, only the fittest survive, SIG is one fit lady, onwards and upwards!
I bought this as a 2 year recovery play, after today’s announcement all the risk seems to have evaporated, double your money here within 2 years, and that’s being conservative.
Little downside and massive upside here, cashed up and business is getting back to normal, strong buy!
Ridiculous amount of shares in issue now, this takeover looks a desperate act to appease shareholders which wouldn’t have happened if it wasn’t for our recent drilling disaster, good luck to those remaining, might be back sometime in 2021 if things change but can’t see anything positive here for a while.