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Much better pick to move forward. She should do well in interviews, with her background.
Good news. New ceo. Updated lithium times. New financing to double unit capacity. Means unit is in place and working imo to upgrade it so quickly. Buy or get left behind by December imo.
“IBAT is currently commissioning the DLE plant with an initial design capacity of 5,000 metric tons/year and expects to begin lithium production in June.”
Go to YouTube Click on CC and then click the settings click translate and a drop down box appears click English.
Edited; Looks like le-bon ton-roule found the English version.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174532193
Big news is not the ceo…commercial production this month!
New IBAT video, scroll down middle of page. It is the best one I've seen on how IBAT tech works.
https://www.ibatterymetals.com/
06/03/2024 U.S.-based Lithium Producer International Battery Metals (IBAT) Names Iris Jancik as CEO to Lead Global Commercial Expansio
Jancik to build out modular Direct Lithium Extraction (DLE) operations globally
CEO brings proven track record in building large-scale industrial projects
New leadership to leverage commercial momentum for U.S. and global expansion
https://internationalbatterymetals2023tf.q4web.com/news/news-details/2024/U.S.-based-Lithium-Producer-International-Battery-Metals-IBAT-Names-Iris-Jancik-as-CEO-to-Lead-Global-Commercial-Expansion/default.aspx
With the dillution ..placement of those shares with EV Metals.. I like to see the share price of $1.04 hold up .. We shall see...PS.. I still think our partner Sorcia, should be financing IBAT..What is Sorcia doing for IBAT ?? Im probably way out of line here..I have to believe Burba knows what he is doing..So we wait as IBAT grows .
All I can say is that all these board members have lots of shares..and that speaks volume cause they stand to get rich when the lithium is flowing.Revenue.New contracts. Boom..No RS here..Burba will be a billionaire.IMO..Shareholders will be rewarded for thir patience and loyalty...IBAT is growing a successful company with Burba pushing the buttons...Investors will make money with the
godfather of Lithium...This 3rd time around.A Charm..
Will the pps go back down to .75 cents?....Yes , with IBAT giving way the farm to EV metals/Jacob Warwick..for 75 cents a share makes it probable that the pps goes down to that level..Dillution sucks but lets hope they get a grip on financing before they give away anymore shares at discounted prices for that hurts us investors..makes us wait longer,longer..Lets hope Burba can refrain from adding any more shares for cheap prices to pay for operational expenses..Must be a better way to finance..Give them those shares at $1.50 is more better than .75..IMO..Too cheap for a company with alot going..Worth more than .75 cents.Whats up Doc..Im not happy with selling the companys gold for discounted prices. EV MetalsWarwick is loving it greatly.. ..IMO
Yes Trader, IBATF keeeps adding shares on a timed basis to cover operational costs of plant 1 in Utah..Sure it concerns us investors when they keep adding shares...Sucks for the pps to keep it down while growing a company..The loans for Dillutedshares to be would be better if it were a straight bank loan without the adding of shares to the OS..IMO..We will be fine for everyone who works for IBAT owns tons of shares in their company so that means they know..not think..that the company is going to succeed..Dillution here..Why does Sorcia put the money up? I am not an expert but Sorcia has the money to do so other than adding more shares to the OS..Your thoughts..?
Fair Market Value Not More Than 25 Per Cent
of Market Capitalization, on the basis that at the time the Private Placement was agreed to, neither the fair market value of the Units to be distributed
Parasites, I thought (EViL) was bad, new parisite.
Back to .75US this week???
Double the share count in two years and dilution never stops.
https://sedar-filings-backup.thecse.com/00033147/2405311512547636.pdf
The price of lithium has plumeted 400% from its high 2 years ago..
https://tradingeconomics.com/commodity/lithium
Is IBAT over valued???
INTERNATIONAL BATTERY METALS LTD. ANNOUNCES SUBSEQUENT
CLOSING OF STRATEGIC PRIVATE PLACEMENT
VANCOUVER, BC and HOUSTON, May 31, 2024 /CNW/ - International Battery Metals Ltd. (the "Company"), is pleased to announce that it intends to
complete a subsequent closing of its previously announced (April 26, 2024) strategic private placement (the "Private Placement"). Pursuant to the Private Placement, the Company expects to issue a minimum of 8,478,246 units (each, a "Unit") for a price of CAD$0.76632 per Unit, for gross proceeds of
CAD$6,497,050 (USD$4.75 million). The Company may issue additional Units on the same terms, depending on whether certain parties will exercise
existing pre-emptive rights in connection with the Private Placement.
Each Unit consists of one common share ("Common Share") of the Company, and one Common Share purchase warrant (a "Warrant"), each Warrant
entitling the holder thereof to acquire one Common Share for a period of two years from the date of issuance for an exercise price of CAD$0.9579 per Common Share. The Private Placement is being completed with EV Metals VI LLC, a private company controlled by Jacob Warnock, a director of the Company ("EV Metals"). In connection with the Private Placement, the Company will pay a structuring fee to EV Metals (or as directed by EV Metals) in
the amount of USD$237,500 (CAD$324,852), payable through the issuance of 423,912 Common Shares (the "Structuring Fee").
The proceeds of the Private Placement will used by the Company for expenditures to increase the production capacity of its modular direct lithium
extraction plant (the "DLE Plant") contracted for operations in the western United States as previously announced on January 11, 2024 and May 6, 2024,
and for general working capital purposes. The expanded production capacity will be achieved by adding an additional modular set of extraction columns
into the existing framework. In order to manage the increase production, the Company will also increase the size of the filtration and reverse osmosis
units.
The Company may complete additional private placement financings of up to approximately USD$8,814,000 on substantially similar terms as the Private Placement. The securities issued under the Private Placement are subject to a statutory hold period of four months from the date of issuance under Canadian Securities laws and will be restricted securities under the United States Securities Act of 1933.
MI 61-101 Disclosure
In connection with the Private Placement, EV Metals will acquire 8,478,246 Units for gross proceeds of USD$4.75 million (approximately
CAD$6,497,050), and 423,912 Common Shares pursuant to the Structuring Fee. The participation of EV Metals in the Private Placement and the payment
to EV Metals of the Structuring Fee each constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 – Protection of
Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying upon exemptions from the formal valuation and minority
shareholder approval requirements of MI 61-101 pursuant to sections 5.5(b) and 5.7(1)(a), respectively - Fair Market Value Not More Than 25 Per Cent
of Market Capitalization, on the basis that at the time the Private Placement was agreed to, neither the fair market value of the Units to be distributed
pursuant to the Private Placement to EV Metals and the Common Shares received pursuant to the Structuring Fee, nor the consideration to be received
for those Units and Common Shares, will exceed 25 per cent of the Company's market capitalization. The terms of the Private Placement were negotiated with a special committee of directors of the Company, all of whom are independent for the purposes of MI 61-101. The Board of Directors of the Company has unanimously approved the Private Placement (with Jacob Warnock abstaining) and no materially contrary view or abstention was expressed
or made by any director in relation to the Private Placement. The Company did not file a material change report in respect of the participation of EV
Metals in the Private Placement at least 21 days before closing of the Offering as the participation of the EV Metals was not determined at that time.
About the Company
The Company is an advanced technology company focused on the development of environmentally responsible methods of extracting lithium compounds
from brine. The Company has developed the DLE Plant which allows for rapid deployment to a resource holders production site. The Company is working with resource holders of oilfield brines, brine aquifers, and industrial customers with brine by-products. The Company believes the modular design of its DLE Plant provides significant initial costs savings to customers and the proprietary DLE technology lowers operating costs by selectively extracting
lithium from the brine while efficiently removing contaminants.
ON BEHALF OF THE BOARD
"William Webster"
William Webster, Chair of the Board
Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange)
accepts responsibility for the adequacy or accuracy of this release.
4 views May 30, 2024 #Chile #Litio #MineríaSustentable
I don't think ibat sees 6 until it's value matches in this market. It hit 6 with the rest of the entire lithium market rally.
I initially thought at first it was their timeline and pipeline leading to product, I was misinformed.
This go around, I am much more confident in my being informed. Relying on big money to pay a good price or even expecting it is not what I'm doing. I'm more interested in capacity of unit 1 amd how they plan on being cost competitive in their current structure.
Appreciate that info..No Worries... IBAT(F) hit $6 bucks a share 2 years or so ago when it had just a patent...I believe it will hit that mark or better in 5 months or less..So We wait..Looks like multi contracts will come..Big oil could buy out IBAT for measely ?8 billion if Burba would sell?...All eyes on the Utah Plant testings/production..projections..If ya build the house, they will come..Looking good.
SA lacks a critical piece, infrastructure to new projects. Would make sense why there are no units in Argentina. The places where infrastructure exist aren't attractive for deals for juniors + the places they don't exist will need too much time to develop into production. Natural gas is very expensive in SA you should check out the price comparisons.
We have enough lithium in North America for IBAT to get multiple contracts 100% ! Chile will lose out..Argentina with Sorcia? Looking good in Argentina..PS.. Big oil will wait to see testing results of US Mag IBAT plant ..and when Burba proves his tech is number one..then we roll..IMO..Holding steady for Nasdaq uplisting in very near future..
Rate this translation
https://www.linkedin.com/feed/update/urn:li:activity:7201958885975314432/
Correction.Wait for the white gold..Holding at $1.00..I bought more today..I feel $1.00 is far to low a value..for this undervalued ...IMO..
Yes , I agree..We have to wait 3 to 5 months for testing and revenue/projected revenue to get the pps up..News?...Well, my friend Marshall told me that he heard of news about big oil getting into the lithium brine DLE business..and guess whose name and company popped up? You guess right if you said John Burba and IBAT..It also said IBATs tech may make many believers alot of money as this start up small cap grows..and many oil companies will want to take advantage of this now center stage performing MDLE in Utah with US Mag..Must have patience..and wait for the white goal and news?..Lets see what this week brings as far as the 100 % Buy rating from Barchart continues to hold..
3 months is what the PR said, and given IBAT 7 years of being publicly traded. They'll be using all of those 3 months and no news will happen during that time.
Let's see if production brings a different theme to ibat.
Hope Everyone is enjoying their Memorial Day Weekend! Im going to work as usual as driver..My life will begin when IBAT gets the revenue flowing..So, after a few hours of work... then I be drinking whiskey from the bottle, never ? thinking bout tomorrow, ..singing sweet home Alabama on Me till IBAT runs..I might have messed up the song..but Barchart 100% Buy rating of IBATF is still in effect..Steady as she goes...till she blows...Enjoy the Celebration of the memories we have..and makes some new ones while we can..
Welcome to the team Mr. McGuire
Does the recent Form 9 issuing 14,624 IBAT shares to an employee for $15,000 US warrant any comment?
Enjoy the weekend.
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https://www.linkedin.com/feed/update/urn:li:activity:7199729593434472449/
Very happy to have been invited to the Eco Guest by Eric de Riedmatten, to answer his questions about lithium and the Ensorcia group.
This was an opportunity to remind people that it is possible 👍 to produce battery-quality lithium quickly ⏳, while respecting the environment 🌎 and under acceptable economic 💰 conditions!
This is what the hashtag#Ensorcia group is proposing, by integrating the resource value chain with refining, with the revolutionary hashtag#IBAT technology of direct extraction of lithium (hashtag#DLE ).
I invite you to discover the full interview on https://dai.ly/x8yz2uq 👌 , and for more information www.ensorciagroup.com.
I like it.
Burba's Lithium extractor sharing space with a dairy farm...add a couple with the wife wearing a gingham dress and Pa holding a pitchfork and singing "Green Acres". Add a windmill.
Truly, the possibilities are endless.
Cows might be better......A big field of cows.
I mean sure there's be sunflowers TOO there of course but
The scene should also include some cows.
Wouldn't have to be a lot - Just 9 or 10
Standing around all the steel.
Yes you muct dress to impress..IBAT is a starter upper that can match its work of art MDLE..DLE soon,,to match it with the right greenery..Its a green plant..Spend the money on the landscape..Agreed..PS its been over 2 weeks and Barcharts Buy Rating of 100% is still holding..
When IBAT starts doing some serious modular plant placements, I think they should leave a little room in their budget for landscaping. Imagine an info video showing alternate mining sites with destructive mountain top shaving, open pit mines, evaporation ponds, chemical waste slurry and then... IBAT's Modular DLE Plant in a grassy meadow surrounded by a field of sunflowers..."Yes! We are miners, too!"
The Chilean government has just issued a Request for Information for the exploration and exploitation of lithium in the country.
Some highlights are:
(i) The Expression of Interest should be submitted by June 17, 2024;
(ii) The consultation period will last until May 17, 2014;
(iii) Results will be announced on July 9, 2024;
(iv) Companies may express interest individually or as part of a consortium;
(v) The Expression of Interest will only be prepared for open salt flats (the list of restricted areas and salt flats is included in the RFI); and
(vi) On the basis of the information provided in the Expression of Interest submitted by the interested parties, the Chilean Government will determine possible tenders for salt flats with multiple interested parties, or to execute special operation contracts with companies that are the only interested in a particular site.
Other relevant information can be found in the attached document and at www.minmineria.cl.
https://www.linkedin.com/feed/update/urn:li:activity:7185702528871714817/
In less than 90 days..IBATF will run..IMO.Buy Mode !..and im not pumping IBAT..As far as DLE goes, they are the front runner hands down..No Chemicals....Cost effectiveness..I can say that as soon as this first plant is a succe$$....More giants like Chile and Argentina will sign in to list as possible investors..The environment will rule always..IBAT is number 1. Period!..Now back to the cocktails and fishing dreams when IBATF or DLE new listing comes about..NasDaq here we come!
One company, Canter Resources, is interested in capturing boron as well as lithium.
https://investorshub.advfn.com/Canter-Resources-Corp-CNRCF-42993
UsMag selecting IBAT over the other evaluated technologies speaks highly of the capabilities that the IBAT modular technology provides.
RjR is no longer a JV.
IBATF is profitable down to 6k on contract pricing and can produce from low as 100ppm. The range of Li concentrations the unit was designed for is a masterpiece. That range reflects the majority of brines throughout the world. Usmag is an exception to this due to their concentrations and contaminants.
Instead of "whats next" take a moment and appreciate yourself asking that question being invested. I say this because (insert any DLE company onsite) are 1 trick ponies on 1 project. Shaw can facilitate "parallel" construction, in addition to the contracted fabricators. The question "whats next" should be "how many" clients are waiting to execute agreements once production begins next month.
Exxon pushed their technology provider update back in feb to the end of the year, shortly after the announcement of the term sheet with USmag. Meanwhile, the geopolitics in Chile are very unattractive as the project ownership is a cut and paste newly partnered SLI equity agreement. Doesnt matter where the subsequential "units" go, production will follow. Too bad there aren't enough developers ready to produce.
Gen 2, Gen 3! Modularity being re-defined and fully encompassed in the Patent moat by the Godfather. He's the chemistry expert but I would have used the term "versatility" much more when describing that patent.
May 16, 2024 Lithium Bank receives license for well at Boardwalk Lithium project, Alberta, Canada (from Lithium Bank website).
The race is on. Lithium bank uses sulfuric acid and quicklime in their DLE process. Are they mining or trying to hide evidence of a murder?
I believe IBAT's DLE is supposed to be chem free and they are able to return processed brine to the water table.
Wonder what Lithium Bank does with their spent brine?
Owning brines is a very big thing, impurities is also a big factor. Having a permit now that is rare and takes time to get.
IBATF's first DLE was suppose to go to Chile, to Sorcia minerals properties.
https://sorcia.cl/
The second one was suppose to go to RJR
https://www.ensorciametals.com/press/sorcia-minerals-adds-new-salar-for-its-lithium-exploration-in-chile
Until the new Chile constitution changed a few years back.
Some time in July, Chile, is going to pick 5 DLE companies from a list of about 30 IBATF is on the 30 list...
The list of entities that participated in the RFI process is as follows:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174401429
I do not see G2L’s Continuous Direct Lithium Extraction (cDLE®) technology. on that list.
Price of lithium dropped the last 2-years the low ppm lithium brines are not proffitable at these prices.
https://tradingeconomics.com/commodity/lithium
US Magnesium, is a side gig, while we wait for Chile and it's a nice way to prove to the world what IBATF can do.
IBATF is shooting for the "MotherLoad" of lithium brines in Chile and Argentina.
DLE pilot plant shipped to LithiumBank’s Calgary facility
Published by Jane Bentham, Editorial Assistant
Global Mining Review, Wednesday, 13 December 2023 15:00
LithiumBank Resources Corp. has announced that the G2L Greenview Resources Inc. Direct Lithium Extraction (DLE) pilot plant is now in transit to LithiumBank’s Calgary facility.
DLE pilot plant shipped to LithiumBank’s Calgary facility
Once completed, the facility will have capacity to process up to 10 000 L/d of brine and yield up to 3 kg/d LCE. Commencing in early 2024, several piloting campaigns are planned as the Boardwalk Project advances into its feasibility studies phase of development. The company also anticipates that the facility will accelerate the development of its Park Place, Estevan, South, and Kindersley properties.
The pilot plant has been constructed in Australia by Clean TeQ Water on the behalf of G2L and is based on G2L’s Continuous Direct Lithium Extraction (cDLE®) technology. As seen in recent testwork results, the cDLE process utilises an ion exchange material (sorbent) designed to selectively extract lithium from the brine while rejecting most contaminants. In the context of the Boardwalk Project, the configuration of the pilot adsorption and elution stages has been purposefully designed to maximise extraction of lithium from the brine. Similarly, the selectivity of the sorbent and elution chemistry allows strong rejection of typical impurities in the brine such as sodium, calcium, and chloride. This results in a clean, lithium-rich concentrate suitable for further refining.
At the facility in Calgary, the cDLE process will demonstrate the cost and process advantages of using common industrial reagents such as quicklime and sulfuric acid. The operating cost benefits of this change in reagent suite will be quantified in an updated Boardwalk Project Preliminary Economic Assessment. Senior process engineers from G2L will head up the installation of the pilot and the first 100 hrs of processing. G2L will continue to lend support throughout the entire piloting programme, which is intended to last up to 18 months following the first 100 hrs of operation.
With a processing capacity of up to 10 000 L/d of brine, the Calgary facility will represent one of the largest DLE pilot plants in North America. The pilot plant represents an approximate 1:5000 scale to the future, commercial production modules which is consistent with scale-up factors used in other hydrometallurgical processes. Within the pilot plant, sufficiently large ion exchange equipment has been installed to permit direct scale-up of these process steps to the commercial plant, accelerating the Boardwalk Project development.
During operation, the pilot plant will be targeting one of the industry’s highest lithium recoveries. This is seen as achievable for the Boardwalk project, given the project’s careful staging of adsorption and elution contactors, along with the characteristics of the sorbent. Specifically, experiences from industrial ion exchange processes used for the recovery of precious (gold) and energy (uranium) metals have been leveraged in formulating the Boardwalk DLE flowsheet. This formulation included a trade-off assessment of lithium recovery and capital cost which was undertaken for the purposes of the upcoming updated PEA. As a result, the pilot plant will assess the performance of five contactor stages with results to follow in the PEA.
Furthermore, G2L’s experience in pilot testing of continuous ion exchange for recovery of other metals, including nickel and cobalt, at a similar scale in similar pilot equipment, provides confidence that recovery using counter-current adsorption contactors can be predicted from laboratory scale test work.
The cDLE pilot plant in transit is a variation of a pilot plant that was designed and constructed by the Clean TeQ Water technical team to extract nickel and cobalt by ion exchange from acid leached lateritic ore in the Sunrise Energy Metals project. The plant was run over several campaigns and the data were subsequently used for a Bankable Feasibility Study (BFS) on the production of battery-grade nickel and cobalt sulfates. The Boardwalk Project cDLE plant uses the same basic configuration, with critical design changes incorporated to ensure maximum lithium extraction from the brine, and the production of a high purity eluate containing a high lithium concentration.
https://www.globalminingreview.com/mining/13122023/dle-pilot-plant-shipped-to-lithiumbanks-calgary-facility/
Competitor???
https://www.go2lithium.com/
Agree with that End of Summer..early Fall push to $4.00..Barchart opinion is holding last 9 days or so at a rating of 100% Buy..Over 100k in volume yesterday..after shorters/flippers/traders had some fun getting free shares ?..IMO..the stock is quite undervalued with the first contract client US Mag hooked up with..US Mag estimates that it will produce 9 metric tons of lithium bi per annum w capacity to produce ? 59 metric tons per year..dont quote me completely on these number..how much is 9 metric tons of LIBI worth?? Projected revenue will also add to the value of the pps/company..We need to get into NasDaq.Agreed..Lets see what the day brings..
What I hope is that production and revenue kick in by Summer's end and that the third quarter report shows some decent numbers and that the share price heads north of $4 and we become qualified to be listed on the NASDAQ with the much, much cooler symbol...DLE...and then we start attracting some serious institutional investors and current shareholders are thinking sell or let me hold on a while longer.
Like I said. That's what I "hope". Compare that to what I know and it could be a very different story.
Good luck!
Yes, thanks for the best wishes, and the same to you as well...Im always wishing im fishing..IBAT DLE tech is on stage with Burba..Its his time..he has paid his dues, and what you sow,..is what you reap..Dr.Lithium will come thru, and my quess is that this plant in Salt Lake city will be a successful launch.Many eyes are watching IBAT/Burba.. A home run IMO..What will be the share price when IBAT/US Mag starts producing lithium??? Your thought on what the pps will be 1 to 4 months from now..or so?
Like the way you think and hope your fishing trip is a big success. My hopes are that Great Salt Lake project exceeds expectations and soon.... followed up by additional successful locations in the U.S., Canada, South America, France...at that point, I'd like to see Elon or Big Oil step up and throw out a crazy number to purchase 'DLE' (formerly IBAT). $40 a share would work for me ($8 Billion)...but I may be low balling...I mean inflation...
Reality check- I've got no clue if Burba's modular DLE will be successful. My greatest joy is reading the funny papers and each day my biggest disappointment is discovering that Dagwood's story is no longer being told.
IMO, when, Burba, Big Bad John gets this ist contract MDLE off the ground producing lithium, other contracts will quickly follow.He is on center stage right now, and as plant manager in charge of operations, he will reach his glory as the Godfather of Lithium when this gets off the ground smoothly, producing high grade LiBi...more contracts will come quickly!..In Short, he will get very wealthly...and we as investors will wish we bought more,,some for sure.. but im happy with a measely 25,000 shares at an average price of $1.22....Lots have more shares than I do..but when IBAT? hits $ 5.00....not less, ill take 25 grand and leave the rest long term... Will go to pine island, Florida (a fishermans paradise next to Sannibel and Captiva islands.., to fish from Nov to May 1,,, then come back to new york ???..PS ..that $135,000 EV car that Burbas driving now can be upgraded to a fleet of Rolls royces..This plant will allow more clients to come. If you build a house,...they will come..Lets see the close..
List of share holders
Copilot
Certainly! US Magnesium LLC is a company specializing in the production and management of primary magnesium. Here’s some information about their investors and acquisition:
Investors: Goods iQ and The Renco Group have invested in U.S. Magnesium1.
Acquisition Date: U.S. Magnesium was acquired on January 1, 2002.
If you have any more questions or need further details, feel free to ask! 😊
The Renco Group
https://www.rencogroup.net/
Nobody getting shares on the bid. 100k shares till 1.40’s imo
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