Lithium je kritickou a klíčovou surovinou. Na Cínovci je největší evropské ložisko této suroviny. Česko má díky tomu jedinečnou příležitost přispět jak ke svojí, tak evropské surovinové bezpečnosti.— Petr Fiala (@P_Fiala) May 16, 2023
Stojíme na prahu „lithiové revoluce“, protože využití lithia významně poroste.… pic.twitter.com/2yNG5oCs2d
Where the Lithium Price is Going ?
“The pullback in lithium prices does not worry me at all,” said Howard Klein of RK Equity.
Super high price they will pay for lithium is what I heard .
Chart showing EMH so undervalued to peers aprox a tenth of EV/resource potentially suggesting we could head to $7 a share aud
#Lithium resource comparison UPDATE:— HOOPZ (@_H00PZ_) March 6, 2023
1) Updated $CXO - MRE issued today
2) Updated $VUL - DFS issued 13/2/23
3) Added Sigma Lithium#A11 $AGY $ASN #AM7 $AVZ $AZL $CXO $EMH $ESS $EUR #GL1 $GLN #GT1 $INF $INR $JRL $LKE $LLL $LPD $LPI $LRS $LTR $PAM $PLL $PLS $PNN $RDT $SYA $VUL pic.twitter.com/Ru3i4nQ4fp
Local neighbor valuation recently .
Keliber aims to be the first fully-integrated lithium producer in Europe, targeting first production in 2024 and ramping up to produce around 15,000 tonnes of lithium hydroxide per year
They paid $470 mil usd ( $700 mil aud ) Sibanye-Stillwater agreed to take a 30.29% stake in Keliber for the above production which infers $2.3 bil aud at full value and times 2 for production to 30,000 tonnes so EMH should be worth 2.3 bil or there abouts ie $12.50 aud a share for our half
The Keliber project consists of several advanced stage lithium spodumene deposits, with significant exploration upside in close proximity to the existing project. Based on a feasibility study completed in 2019 and improved in 2020, Keliber currently has 9.3 million tonnes of ore reserves, sufficient for more than 13 years of operation. Planned annual production is 15,000 tonnes of battery grade lithium hydroxide. Production is anticipated to start in 2024. The project includes the development of a chemical plant in Kokkola, approximately 50 kilometres from the mining area, which will produce battery grade lithium hydroxide. Future lithium hydroxide production has not been committed to any offtake party.
So that value up there sort of has to be a starting point I would imagine . but our mine has a 20 year mine life not 13 only using 10 % of ore ( something like that ) and 7 mil tonnes of Lithium and a second block .
Tesla might buy a mining company, but not another automaker
The big take out : We are not talking about buying mines just yet. Tesla is more focused on securing long-term supply agreements with existing miners and potential new mines,
offtakes will be transformative for this company-
Skoda aims to make Czech Republic an E Mobility Hub including Battery Production at 15.20 to 15.30 min mark .
If all 200 factories were operating at full capacity , they would require 3 million tonnes of Lithium
Slide #17 answers and refutes every single one of that authors concerns
Every single one!
Another point regarding the seeking alpha article...the author claims he was looking at investing in a scandium concession next door
When at the same time bashing NIOBF for claiming scandium as a significant resource in their PFS
Not sure he's a credible poster
Waiting on confirmation of final investment decision
PFS UPDATE DELIVERS OUTSTANDING RESULTS
75% INCREASE IN CINOVEC NPV TO US$1.94B
16% INCREASE IN PRODUCTION TO 29,386TPA
• The 2019 PFS Update for the Cinovec Project has been updated to demonstrate the effect of
changes in the mining process to incorporate the use of paste backfill, which results in an
increase in annual production, together with changes in lithium and by-product prices to reflect
current and expected market conditions.
• Annual production of battery grade lithium hydroxide monohydrate modelled to increase from
25,267 tpa to 29,386 tpa, an increase of 16%.
• NPV8 (post tax) increases from US$1.108B to US$1.938B, an increase of 74.9%, based upon a
lithium hydroxide price of USD17,000 per tonne which is significantly less than the current price.
• Post tax IRR of 36.3% and a payback period of 2.5 years from the commencement of production.
• Up-front capital cost due to backfilling plant and additional capital costs to produce 29,386 tpa
lithium hydroxide increased to US$644m.
• This 2022 PFS Update assumes the life of mine extraction of 13.1% of the Measured and Indicated
JORC Resources at Cinovec.
• Use of tailings for backfill will result in a far smaller environmental impact, further enhancing the
Project’s already strong ESG credentials.
VW on the other hand are just so very slow . " which might even include becoming a shareholder in a mining firm " . With cooperation announcements due in some weeks " Xmas Rally ??
Operations Manager at European Metals/Geomet
Company Name European Metals Full-time
Dates Employed Sep 2021 – Present
Employment Duration 1 mo
Total Duration 2 yrs 2 mos
Title Group Technical Manager
Dates Employed Nov 2020 – Aug 2021
Employment Duration 10 mos
Initiating and management of various projects at the Morila Gold mine to see the operation back into processing mined ore from various pits.
Dates Employed Jul 2019 – Aug 2021
Employment Duration 2 yrs 2 mos
Location Perth, Australia
Leading process and plant operations on the Goulamina Lithium Project.
Company Name Altura Mining Limited Full-time
Dates Employed Jan 2016 – Jun 2019
Employment Duration 3 yrs 6 mos
Location Perth, Australia
Leading the processing discipline through DFS, FEED and commissioning, and managing operational readiness of maintenance and processing departments, through commissioning to commercial operation.
30 minute mark says permits in 2 weeks. Watch this one close.
Up 12pct today ?
Elsewhere & What d'ya think ?
Bought more today!
IS a good story.....but is not avail. in Cda
Perhaps tho there ARE a few some Cdn-listed liths active in Europe....
ah-Ha - Just Goggled - Hit on https://www.baystreet.ca/stockstowatch/9867/Will-This-Become-A-New-Frontier-For-Lithium-Mining
Anyways, 200 mil US mkt cap....Teeming growth potential....should work !
Chart's not so great (yet) tho....I think that's about all
LAC a sector bellweather (with a fairly predictable chart)
Fingers xed, Thank you for the update.
How does it work with this ticker then? Do they merge together - I thought this ticker was the way they were trading on OTC?
I smell a Tesla offtake in the wind , Nasdaq listing was supposed to be months away , why else would you list this early . Following piedmonts footsteps perhaps .
Good to see you here!