International Battery Metals Ltd (IBATF)

[D8c00p3r]

Great post, thank you for sharing

https://www.worley.com/en/about-us/our-people/darryn-quayle

https://finance.yahoo.com/news/journey-net-zero-battery-charged-093222159.html

“We’re also working with a Utah-based lithium provider to produce 11,000 metric tons of sustainable battery-grade LCE annually. Their plant will use multiple direct lithium extraction (DLE) units commissioned in stages to validate DLE technology for lithium separation, expand production to commercial capacities, moving from proof of concept to complete front-end loading design,” says Quayle.

[Harbor6460]

Who is “We’re” working with a company. Did it say in the article??

[tononclegeorges]

...........Re:...... Yahoo News August 15, 2024.......Excerpt from an article entitled ....Global Data....Journey To The Next Zero Battery: A Charged Issue.......
..........“We’re also working with a Utah-based lithium provider to produce 11,000 metric tons of sustainable battery-grade LCE annually. Their plant will use multiple direct lithium extraction (DLE) units commissioned in stages to validate DLE technology for lithium separation, expand production to commercial capacities, moving from proof of concept to complete front-end loading design,” says Quayle.

Now .......Just who might that be ?......Anyone have a guess ?......

[D8c00p3r]

The R/O system is not a desalination plant. Thanks for sharing, I'm not sure why you defaulted to "I called you a liar". I was asking out of curiosity because I did not see any desalination plants purchased.

[gregcod]

The proof is in the pudding, pudding..Great DD find..IBAT will often be imitated, but never dupplicated..Burbas watching over his patented tech along with that expensve patent protection law firm they hired a while back..We likely will get some numbers soon, and if they are good..we roll! ... Ya build a house...they will come..

[gregcod]

Im smiiten already by Big Bad John, A giant of a mining man..Big Bad John(Burba)..Big Bad John..He will save us from the fiery pit of the OTC.. Moving up soon..IMO..

[gregcod]

Funding for a desalination plant..thats where Iris Janciks expertise comes into play ...environmentally to save water is a major plus in mining..for the people as well..Shes here for the reason, not the season..

[Harbor6460]

Quarterly 10/06/21
Deferred acquisition costs: $229,000 paid 1st installment. Other links i provided all the information. I read it as a 3 tier payment as i stated. Maybe i am misinterpreting this info. I actually thought there were payments to follow but there are no filing i can see

[Harbor6460]

Quarterly report 12/26/2021

Deferred Acquisition Costs
On September 26, 2019, the Company, through its wholly owned subsidiary, entered into an agreement to purchase a reserve osmosis desalination system as at October 31, 2021 the company had paid 1,036,827 CAD (US 813,661)
During the year ended January 31, 2021, the Company entered into a revised agreement with payments as follows:
Milestone description
Payment made under the initial agreement upon closing
Amount (USD)
$180,000
(paid)
Upon placement of purchase order (paid)
Upon preliminary completion of request order (paid)
Upon delivery of factory acceptance report (paid)
$234,638
$234,638
$164,385
$70,406
$884,067
A continuity of the Company's deferred acquisition costs is as follows:


Balance, January 31, 2020
238,032
Translation adjustment
(8,065)
Balance, January 31, 2021
229,967
Additions
896,008
Transfer to Lithium Extraction Unit
(1,134,040)
Translation adjustment
(8,065)
Balance, October 31, 2021

Hmmmm

[Harbor6460]

Quarterly report. 8/29/22….. Please dont call me a Liar. Go check the filing…

Deferred Acquisition Costs
On September 26, 2019, the Company, through its wholly owned subsidiary, entered into an agreement to purchase a reserve osmosis desalination system. As at April 30,2022,the company had paid 1,125,138 (US $884,067)

continuity of the Company's deferred acquisition costs is as follows:
Balance January 31, 2021 $229,967
Additions. $896,046
Transfer to lithium extraction unit $1,125,138
Translation adjustment 875

Am i reading this wrong???

[D8c00p3r]

I'd love to see where it said anything about IBAT funding a desalination plant.

5 years of Sorcia / Ensorcia / Entec saying "desal plant in Chile 500m" as an example only to just watch literally nothing happen.

Hot topic, LEXI that JV flopped as hard as RjR, and I like Raul, he got bent by the Chilean policy makers when the nationalization started.

10% ownership in a project looks great on paper. Dan Layton weakness is in execution. I'd love for that to change.

TVR, can't wait for that gigafactory. I won't hold my breath.

[D8c00p3r]

The Capex looks great, so does their execution. And it's apparent based on investor interest and the deals ESM has versus IBAT. 2 different companies, the only ace up IBAT sleeve now is working commercial technology.

Riddle me this batman. 1800ppm brine carbonate process CAPEX. How do IBAT numbers compare?

Costs to produce through a CAPEX and OPEX lens of ibat is much more detailed based on the Financials, corporate presentations and statements compared to any other "technology provider" on earth.

People don't care about traditional quality expectations or estimates. They want buzzwords and headlines like the sea of juniors showing bowls full of piloted scale lithium produced.

Can't wait to see who e3 third party technology is. Excited to watch lilac funnel more investor money and see IBAT catapult or crumble.

Lithium is dead atleast until 2025, atleast while China is allowed to keep bringing garbage Africa spod across the pond and diluting aussie spod in the motherland to get that BG.

Prices tap $10/kg then reset to $18-24/kg which should start that reversal by EOY.

Keep in mind every 2024 PFS and DFS based their pricing off Benchmark the lithium pump squad at $20-30kg. IBAT 2023 pricing model was $15/kg.

Let's see if experience really applies in lithium extraction.

[D8c00p3r]

Tech might suck but arcadium liked their absorbent over burbas so they bought a bunch to begin their expansion that isn't expanding. Hope that helps - ESM is among top 3 competitors to ibat imo.

[TradingCharts]

Derivatives & Underlying Security

A derivative is an instrument that derives its value from another security. Two categories of derivatives are used on SEDI:

1. “Issuer derivatives” are securities issued by the issuer. Issuer derivatives would include options, warrants, rights and special warrants issued by an issuer. The issuer designates these securities in its issuer profile supplement.

2. “Third party derivatives” are securities issued by a person or company other than the issuer. The price of third party derivatives is based on an underlying interest (such as common shares) issued by the issuer as the underlying security. Third party derivatives include exchange-traded call or put options, over-the-counter (OTC) call or put options (including private options to purchase or sell), equity swaps (long or short positions), forward purchases or sales and futures contracts (long or short positions). The insider, not the issuer, must define these securities in their insider profile.

https://www.sedi.ca/sedi/new_help/english/agent/Glossary/derivatives_underlying_security.htm#:~:text=%E2%80%9CThird%20party%20derivatives%E2%80%9D%20are%20securities,issuer%20as%20the%20underlying%20security.

[tononclegeorges]

.......Mittens.......Best for a frosty bike ride !........

[Harbor6460]

Ibatf has been showing spending in filings for a desalination plant. It said a few different times they were funding in tiers. If i remember it was about 66% funded last filing

[tom16]

If you think I'm easily confused, you are correct... especially when a company named Energy Source is providing modular DLE to Arizona Lithium at a site in Canada. Compare that name to Ensorcia that plans on providing the same service using IBAT'S DLE once a site has been approved. In addition, Ensorcia owns a boatload of IBAT shares. I was kind of hoping they were the same company with sort of an English/Spanish thing, but Capex of $485m looks way out of line...plus I don't recognize anyone.
Bought more yesterday... still didn't cut into Jacob's lead.

[TradingCharts]

I'm looking for one of his stoies with mittens😉 looks like you are correct.

Sent by Copilot:
One of the lesser-known tales of Paul Bunyan involves his mittens. According to the story, Paul Bunyan’s mittens were so large that when he lost one in the snow, it created a cozy shelter for his entire logging crew. They were able to stay warm and protected from a fierce winter storm inside the mitten until the weather cleared.

This story highlights the exaggerated size and strength that are characteristic of Paul Bunyan’s legends. Do you enjoy these kinds of tall tales?

[gregcod]

Unproven MDLE tech is for AZL a few years away..Have they been tested?..My guess is No.IBAT is the early bird and the Godfather of Lithium will get alot of early action contracts..So lett the competition come.Bring it on..but we are far ahead.We are already producing LiBi..lots coming ..IMO..IBAT will take its rightful leadership in Lithium mining above all others ..For now at leadt.IMO.

[D8c00p3r]

AZL is quickly advancing its 100%-owned Prairie Lithium Project in Saskatchewan, with commercial production planned for mid-2025, having already secured approval for three production wells (and two more to come). It is using existing Direct Lithium Extraction (DLE) from EnergySource Minerals and a modular approach will provide scalability and a lower environmental footprint.
Solid economics even at an initial small scale of 6ktpa . Based on the Dec-23 PFS, Prairie will be a 6ktpa Lithium Carbonate operation for total Capex of A$485m. At our US$20,000/t long term Lithium Carbonate price (minus a US$2,600/t deduction for technical grade), Prairie generates A$103m/pa EBITDA, an IRR of 26% and significant valuation upside

On our modelling, AZL is expected to have low cash costs of US$3,084/t and AISC of US$5,000/t LCE. . There is also significant leverage, with each additional 2ktpa LCE module adding A$80m in NPV and every 10% increase in pricing adding c.A$150m in valuation.

[tononclegeorges]

.......Beacon of Bemidji.......

.......You've chosen the right path to follow.......The murk is lifting and the breadth of the plan will soon be plain for all to see........
........btw........Paul B. was a mitten man........

[TradingCharts]

The part that standouts for me in the May 31, 2024 article if the 65,443,633Common Shares is not a miss print, which would have been corrected by now.

So I would have to assume 65,443,633Common Shares is the goal.

Is Jacob the one buying Daniel Laytons shares and maybe the EVL shares (by Third Party) in private?
https://ceo.ca/insiders?filters%5Bterms%5D=Ibat

Immediately prior to the Acquisition, the Acquiror owned 30,490,379 Common Shares, 10,626,557 Warrants and third-party derivative securities to acquire 6,946,293 Common Shares, collectively representing approximately 19.92% of the presently issued and outstanding Common Shares, on a partially-diluted basis. The Acquisition, together with the additional Common Shares to be received pursuant to the structuring fee will increase the Acquiror's position to 65,443,633Common Shares (assuming exercise of the Warrants and all third-party derivative securities to acquire Common Shares), or approximately 25.31% of the presently issued and outstanding Common Shares, on a partially-diluted basis.

https://ca.finance.yahoo.com/news/jacob-warnock-acquires-additional-stake-002500638.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAANPMi4HS-aCkIDPPJOudoM2pNWFSpcHSNL4duh-XvlIfY7wtWmjcJEQK2DUX3I7Wd7mFW8SZpXMk7foafU8uuH5eTZdCGTtViNFVHxNRkKCuq1IZN-8mWMGX_l-452wQfvAcSrR1FxT2lqJSuPA2lahJ_2YUQAmL5JEh_mbmTant

[TradingCharts]

Correct link for Eduardo Silva on LinkedIn.
https://www.linkedin.com/in/eduardo-silva-3a737451/?originalSubdomain=cl

IBAT in it's past had a desalation plant either being bought or built, money was being spent on it. What ever happend to it and where was it?

[TradingCharts]

IDE Water Technologies Welcomes Eduardo Silva as Regional Manager, Chile
https://www.businesswire.com/news/home/20240717130414/en/IDE-Water-Technologies-Welcomes-Eduardo-Silva-as-Regional-Manager-Chile

Eduardo Silva

Expert in leading international organizations and engineering & construction projects in the energy sector.
https://www.linkedin.com/company/ide-technologies-ltd./

[TradingCharts]

Aconcagua Desalination Plant (Chile)

The plant will be the first drought-proof source of fresh water in the Aconcagua basin to serve the mining and industrial clients in the region.

The construction of the Aconcagua EPC desalination project in Chile is progressing with a rapid installation of its MPD pre-assembled SWRO trains.
In the marine area, an intake pumping station and temporary decks were built for the launching of the intake and outfall pipes

Capacity: 86,400 m³/day
Technology: Reverse Osmosis (RO)
Project Type: Engineering-Procurement-Construction (EPC)
Location: Chile
Commissioning date: 2025

Highlights
Technological & Environmental leadership
An innovative, state-of-the-art design in accordance with the stringent environmental requirements and regulations in Chile.

Multiple beneficiaries
The plant serves municipal, industrial, and mining clients in the region.
https://ide-tech.com/en/project/aconcagua-desalination-plant/

[tom16]

Thanks to Garry Flowers for getting IBAT'S first modular DLE plant built, tested, proven and placed with a known industry leader at a site that is sure to produce a lot of Lithium. We were certainly lucky to have you running operations during this critical period. Thank You!

[TradingCharts]

The Acquiror will control such securities by nature of his control over certain related parties, including EV Metals LLC, EV Metals II LLC, EV Metals III LLC, EV Metals IV LLC, EV Metals V LLC, EV Metals VI LLC, Elegante Energy LLC, Perk Salar, LLC and JAW Puerto Rico Trust

https://ca.finance.yahoo.com/news/jacob-warnock-acquires-additional-stake-002500638.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAANPMi4HS-aCkIDPPJOudoM2pNWFSpcHSNL4duh-XvlIfY7wtWmjcJEQK2DUX3I7Wd7mFW8SZpXMk7foafU8uuH5eTZdCGTtViNFVHxNRkKCuq1IZN-8mWMGX_l-452wQfvAcSrR1FxT2lqJSuPA2lahJ_2YUQAmL5JEh_mbmTant

[TradingCharts]

Elegante Energy buying warrants

Holder: Elegante Energy LLC
https://ceo.ca/insiders/jacob-warnock

[TradingCharts]

The rise of Direct Lithium Extraction (hashtag#DLE) technology promises to open up new sources of hashtag#lithium supply this decade, helping to avert a forecast shortfall of supply.

⚡ DLE projects have the potential to add over 100kt of lithium supply in 2024

📈 The number of operational DLE projects is set to more than triple by 2035, contributing 14% of the total lithium supply

Request our DLE Special Issue for Benchmark's view on the rise and potential of new lithium extraction technology ➡ https://lnkd.in/esE-5iq6
https://www.linkedin.com/feed/update/urn:li:activity:7227214472929513473/

[TradingCharts]

Patented Technology for Superior Lithium Recovery Every Working Day
https://www.ibatterymetals.com/

[TradingCharts]

Iris Jancik

Definitely qualified for the job. Does she start this month?

Experience, scroll to bottom of page.

Water purification and DLE are similar.
https://www.linkedin.com/in/iris-jancik-49756556/

[gregcod]

That 2nd MDLE plan now being developed/built with expanded production levels to 9 metric tons per annum and much more....whos to dare say that we dont have another contract customer in the smackover region already..and more..Chevron, BHR,Exxon Mobil, Abamarle,Chile, Argentina...Buy now.IMO..The pps will rise soon..IMO..Hold for the gold..White Gold..IBAT is the early bird..and that means money..IMO..the Burba tech is unsurpassed as of right now..Fact..

[gregcod]

Thanks the great info! ...A great moderator indeed..Im thinking John Burba is greater though..All Good with it All!..

[Harbor6460]

I like that 16 million. Should have dilution for a year or more because we will have revenue. Landon selling makes sense. We fired him

[TradingCharts]

Consolidated Financial Statements
For the Years Ended March 31, 2024 and 2023
How come no one posted the report?
It's the first time that I noticed it was filed

I have yet to read it.
Edit:
Page 8
Liquidity and Capital Resources

As of March 31, 2024, the Company’s had an accumulated deficit of approximately $36.1 million and a
working capital deficit of approximately $1.1 million. On May 1, 2024, the Company entered the US
Magnesium Lease to operate the MDLE Plant at US Magnesium’s facilities in Utah. The US Magnesium
Lease is anticipated to provide the Company with its first commercial revenues and operating cash flows.
After year end, the Company raised additional cash in two private placements totalling approximately $16.8
million. The commencement of revenue generating operations and the cash from the private placements is
anticipated to support the Company’s operation for the next 12 months and beyond.

.https://sedar-filings-primary.thecse.com/00033147/2408011302159637.pdf

[TradingCharts]

Interesting.
https://ceo.ca/insiders?filters%5Bterms%5D=Ibat

[TradingCharts]

Recent Important Site Updates - Please Read
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174874858

[TradingCharts]

?

[TradingCharts]

MONTHLY PROGRESS REPORT
July 2024
https://webfiles.thecse.com/July_Form_7_FINAL.pdf?tfEfuIf1uQEwRraLYop3HdDbi4rhil.4

2. Provide a general overview and discussion of the activities of management.
The patented modular design of the Company's direct lithium extraction plant (“MDLE
Plant”) allows for rapid deployment and onsite assembly. The Company’s initial MDLE
plant, constructed in Lake Charles, Louisiana has been contracted to a customer in the
Western United States (the “Customer”). Management completed the mobilization,
installation and commissioning of the MDLE Plant including the integration with the
Customer’s existing facilities. The MDLE Plant is currently in start-up with an initial
targeted production rate of approximately 4,000 tons of lithium carbonate per annum.
The Company and the Customer are currently working on the optimization of the MDLE
Plant to increase the targeted lithium carbonate rate to in excess of 9,000 tons per
annum. The Company will receive royalties and equipment rental payments for the
MDLE Plant. The rental payments may be applied to the Customer’s purchase option
for the plant.
Management continues to market the Company’s technology to customers who have
brine resources from existing chemical, mineral and metal production, and brine aquifer
resource holders. These marketing efforts are focused in the near term on the Western
United States, the Central United States area referred to as the Smackover formation,
and Canada. Longer term, management will continue to monitor the markets in South
America for potential opportunities.

Supporting these efforts, management is developing a 2nd generation MDLE Plant
which will provide customers with the option to significantly increase the volume of
production based on the quantity of their brine resources, the concentration of brine in
their resources, the available land to place a MDLE Plant and their financial resources.

[TradingCharts]

IBATF
International Battery Metals Ltd (PK)
0.744
-0.1196 (-13.85%)
Volume: 168,598
Day Range: 0.736 - 0.8436
Last Trade Time: 3:29:48 PM EDT

[gregcod]

Added funds..waiting 4 days till it clears on Friday..Buying mode IMO..

[D8c00p3r]

Rents for the MDLE Plant, based on the level of production achieved, range from $200,000 per month to $400,000 per month and the royalties range from 3% to 5% of total product sales, depending upon the level of production achieved and the prices realized in the market. US Magnesium also has a purchase option for the MDLE Plant.

[gregcod]

Must must be patient id think here w
ibat







9
Must be patient with our investment here..Going forward ..Hold for the gold thats coming ..IMHO.. Upcoming news could be explosive to pps.Time to buy is now..and I am..Im not rich..but im not stupid when I see Burbas Teh acheive monumental $uccess! I would not wager agains IBATF hitting $5.00 plus per share in the very near future..90 days or less..should be fine..IMHO.Its now happy hour!



0

[tom16]

Sorry, press release I saw said they had "commenced" operations on July 11th. Should have realized that was lithium speak for we are starting to place our modules. Thanks for straightening me out.

[Shmackers]

It was exactly 3 weeks ago today that it was published that it would take them about four weeks to get fully ramped up, user acceptance, testing done and be at the 5000 ton level. So, minimum of one more week per their schedule. Considering innovation, and this never have been done before, I’d probably give them a little more grace.

[tom16]

The plant at US MAG has been up and running for a little bit now and if it's operating at the 5000MT level, they should be spitting out between 13 and 14 metric tonnes of lithium daily.
If they are...why isn't someone shouting about it?
Asking for a friend..."me".

[gregcod]

IMO..Accumulate! Need I Say More?..Youll never see these prices again..IMO..Going to the Moon.

[Harbor6460]

We all know these Big Oil companies are watching the results that are to come from US Magnesium. We are getting closer everyday to a Lithium future with Big oil spending Big money on wells that are already drilled and can build a portable DLE then move it when that well is dry. Omgggggggg

[tononclegeorges]

............. gregcod = resolute !.............

[gregcod]

I have one in my chest..the lithium battery last 3 years..so tiny,,Has to be replaced soon after working for almost 3 years..Im ..Alive and waiting for Burbas IBAT to become a Nasdaq winner...IMO..It will! I am amonst the long and strongs here!