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Native American sacred ground and the birds ??
How not been able to locate the reversal of the permit under #TFG passing it in last hours of administration 1/18/21 and then the Native American suit sacred ground and then the other one about the grouse? bird, likely hit Mid Feb 2021?
Back on Track to $134 PPS -24 month target?
Looks like we might be back on a long term 1/5 to 2 year growth trajectory.
Articles on 2017 Li production at 2GWh seems completely wrong on my calcs.
100,000 tons LCE makes 100,000,000 kg LCE
70% processing yield at 18.86% purity yields 13,201,984,300 grams of pure lithium for battery input.
400 grams Li/kWH of battery yields 33,004,961 kWH batteries
At 40% BEV market share of Li capacaity this comes to 220,033 Tesla 60KW packs
If LAC makes 35,000 tons of LCE at $25,750 gross - costing 2,495/ton to make then gross profit EBITDA is $813,011,779
Equates to 8.16% total world market share of 428,440 tons LCE
7.47 EPS at PE=18 yelds PPS=134.40 - targeting this at 2.0 years from now.
What do you Think??
Great summary G8 - I hope the best for GM's fuel cell tricknology - who is going to invest in Compressed hydrogen unless we have a perpetual energy machine that boils sea water and hydrogen is a nice compressed byproduct. Will still have to ship the hydrogen in trucks like LPG from the coastal towns into the core - back to the same world of Petroleum and gasoline?
Morgan Stanley is becoming more like the town crier / lier. Alternative energy divestitures from king carbon coal will not play well with their "Air rights". It might put dirty carbon PM2.5 all over their windows and cloud their vision to the outside world.
Kinda reminds of the meth plant in Breaking Bad in the bottom underneath the mega washer dryer of the Chicken mans business in ABQ NM. I can see Walter now and Jesse scrubbing out the vat for that ultimate purity we all need.
My thought exactly - You don't have to reinvent the wheel twice - this thing is proven already both in the ground and in a big bag headed to the gigafactory as final processed material ready to go into Tesla's system.
Has anybody seen or heard of a facility that can make more than 70 tons of this clay Lithium near the old Western Lithium test plant?
Agree on future 1 year - we are now back to 9/23/17 PPS - 6 months of lost time. We are going to need some serious acceleration to recover the 6 months to get back to a 12-15 PPS that should be by this early fall.
Some one needs to put some Morgan Stanley people in front of a court of Law with a Jury!!
Getting tired of people in their industry manipulating the market with such BS and speculations that cause a 7% drop.
Based on fundamentals - expected sales and gross margin numbers. Its just like Tesla was 4 years ago - except is Lithium Carbonate powder. The exception being they should be pulling massive profit on day one of both sites shipped and sold production since this stuff will be selling for 25,000 plus a ton. This stuff has a crazy gross margin percent that is 4-5 times the norm. (25,000-2,500) / 25,000 = 90%.
I've got it tracking 40 PPS in 18 months 112% APR - average rise per day of 0.44%
20 months will be @ $50 - 24 months @ 70 - same trajectory.
Real close to 70% of yearly high, then I can change its color on my google sheet - come on 7.665
I know this is not fare for a post that was many days ago
(I dont come here very day) - all numbers are 1-x% to get % down from high
1. LAC is at 61.55% PPS/High - 38.45% down
2. NRGMF - 42.86% ------------ 57.14% down
3. ALB - 73.4% --------------- 26.6% down
4. SQM - 83.02% -------------- 16.98% down
Liquor - DEO is holding good at 91.12% ----- 8.88% down
lets hope its not AAPL - they destroy their partners like they did GTAT and then rat hole 1 billion tax free in the "Paradise Papers"
On ETF - Global X Lithium & Battery Tech ETF - LIT:
LAC is ranked 19 on % of net assets - 1,767,691 shares@ 7.35= 12,993K 1.13%
of total value 1,166,527K (100%)
We are knocking on the 7.00 floor?
Scratching my head - general market down - other LI space stocks:
LAC.TO - down 4.85%
OROCF up 3.13%
GXY up 2.3%
PLS up 1.98
LIXXF - flat
LAC 7.29 - down 1.75% - painful day so far!
SQM 55.03 - down 1.56% - what kind of news does it take this week to get a bump?
Not talking a speed bump. Buy the rumor sell the news?
Across the whole US - solar irradiance in Germany is equivalent of Alaska solar if you can believe that.
In Illinois we are going from 70 GW solar times 36 to 2,500 GW in 3 years - courtesy of FEJA and Community Solar like they have in Colorado (leader in Community Solar). Virtual net metering. Just finished my NABCEP Solar PV associates certification.
You are so correct - living in America ignorance of electricity is blissful.
In Illinois Washington DC - (All of PJM) we are 35% Nuclear - 35% Coal - 26% NG - Wind 2.5% - Hydro 1.2% - Solar .3%
This makes ICE to BEV breakeven at 73 MPG
- that is the real petrol oil can to rubber hits the road number.
Dr. B. - you are right - I think its the fat cat back room NYSE dudes who prompt these blatant lies. If you ask me its worth prosecuting since the intent is SEC market fraud manipulation. They have the list in front of them of who is standing in line to get int the concert. If they put out fake news before they hit their seats and the show starts then they can make a nice little 17% pop on every company that enters the concert.
Just because SQM holds 1/2 of South America operations currently does not mean they are a cost of goods sold line item on their income statement.
They are investors. Return on Equity will be their train tracks to prosperity. These disbursements will be after tax and on the balance sheet as issuance of shares or dividend payments after the EPS and PE ratios are settled out.
The alternative is Paradise Paper crap and then all bets are off and we no longer have a viable stock market without accountability and disclosure.
That was what I was counting on back when this was Western Lithium. Lets start the "spudmite banging" into all these proverbial BAGS!!
As long as the net profits don't get hidden away in the Paradise Papers, I think we can see some astronomical growth. The big question is not production but can LAC get to 14% world market share with the Chinese government and world terrorism concerns to allow "somewhat?" free markets to operate?
The more money that stops funneling to middle east from Oil and ICE fuel expenditures the more radical the terrorism will get.
Yes on running the numbers - 14% market share of 100% = 1,047,299 tons of LCE for 2020.
Sales price per tonne avg 25,750 USD - 2020
cost per tonne to produce 2,495
Gross margin/tonne = 23,255
EBITDA = 3,409,690,000 annual 2020
EPS = 31.67
PE = 36
PPS = 1,140
if the market price lce/tn doubles/triples than this is just a parking fee at the old ballpark before hitting the gates.
Here are my targets: APR 102% 145%
10 trading days out - 11.39 11.59
180 days - 18.21 22.60
1 year - 30.31 46.65
1.5 years - 50.41 96.29
2.5 years - 139. 410.
3 years - 232. 847.
What a day - Daily and 52 week high of 10.95 and a 1.24 delta lower to get the low of the day so far at 9.71
picked up 1,000 yesterday on the low of 9.995 - LUCKY
Roadster V2 - at 250,000, peal off 150,000 for coach works,
100,000 for drive train and battery - that comes to %0.50/watt
About the price of just a solar panel watt. This range beast will likely sell out in 2 weeks or less!!
Low 8.9395 - I hope you guys loaded up or reloaded? I was going to re-allocate, borrow, some money from our savings but then I said "she would kill me".
How are they doing it viably in Australia - Spud?
Low of the day hopefully 8.96
Anybody know why they are redoing post Western Lithium studies and feasibility on Kings - Nevada. They drilled, reported updated, built/used test plant in Germany, hectatone as byproduct?
Why are we waiting till H2-2018 for feasibility????
We should be digging spud and pounding it to make LCE - Now!!
LCE 2016 188K Tons per article not 2017 - 2K less than 2015 numbers at 186K
LCE Market to electrify the world's fleet = 3,100,000,000 tons/YEAR for 20 years.
Known Reserves from my research show 27,000,000K tons
3,100,000K * 20 years = 62,000,000K tons or 2.3 times known reserves.
Not sure the world fleet can go all BEV since we do not have this much known LCE. LCE reserves would have to triple or transportation ownership would have to shrink 70%. Could happen with autonomous cars and transportation as a cloud service ownership model.
Most interesting in the article to me is $25,750/LCE ton market price:
If production in 2020 hits 1,000,000K tons world wide and LACDD is 14% market share, then EBITDA for LACDD is 3.4 BN annually - at current shares out and PE of 25 this puts the stock price at $791
Even if you go conservative and say shares out doubles, LCE price drops 20%, and PE is 15, then 2020 share price goes to $185.
Scottrade-TD $20 re-org fee on reverse?
10 trading days out - 659% - $13.04
Half that rate = $11.81
Half that rate = $11.08
10 days ago=1.5857 (7.93) - today say 10.23 - 659% APR!!
Hits $100 in 3 years at 77% APR
2.5 years @ 92%
1.5 years @ 152%
1.0 year @ 228%
What average APR are you using?
The number I quoted you were 121% - 123%
2021 $347/share - PE25 - 1,047K tonnes - 14% market share
Feb 2014 for me @ 3,258 post-rev-split shares
Nice on the share count - predictions:
10 trading days - 153K
180 days - 234K
1 year - 374K
1.5 years - 607K
2.5 years - 1,607K
3 years - 2,794K
Have a nice spreadsheet to track my LiCa Bag of money!!
Anybody ringing the register today?