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IMO it depends on how price responds upon testing daily 200 day moving average, which is currently at 32.00.
My bid is soaking at $23.00
Great DD. Thanks for sharing.
Looks like the testing news is being received well. LKE hit an ATH on the ASX just a few minutes ago. LFG!!!
POSITIVE INITIAL NOVONIX BATTERY RESULTS FOR LAKE’S HIGH PURITY
LITHIUM CARBONATE
https://lakeresources.com.au/wp-content/uploads/2021/03/lke_novonix-results_2-mar-21.pdf
This move is far from over. I expect it to drop to $20-30 range.
Jeff Dahn: Leaving Leadership Role At Tesla To Advise For Novonix
https://insideevs.com/news/487864/tesla-jeff-dahn-new-role-chief-advisor-novonix/
Sounds like more good news to come this year. I think we're just getting started.
https://kalkinemedia.com/au/video/executive-corner-expert-talks-with-mr-steve-promnitz-managing-director-of-lake-resources-nl
Very cool. Thanks for sharing.
Nice open on the ASX.
"If you add that price premium, the value of the project and company doubles." Bullish AF
I added more shares yesterday at .19 and today at .2289
Also, Biden plans to replace federal fleet with American-made electric vehicles
https://finance.yahoo.com/amphtml/news/biden-plans-replace-federal-fleet-224800214.html
Pre-market is looking good.
I’m bummed the ASX is closed today. I really wanted to see the Aussie response.
Wow. What a way to start the week off.
Lake Resources’ Kachi lithium definitive feasibility work advances with shallow drilling underway
By Lorna Nicholas - January 19, 2021
https://smallcaps.com.au/lake-resources-kachi-lithium-definitive-feasibility-shallow-drilling-underway/
What are y’alls targets? $1.00? $5.00? $10??
Interesting. Thanks for the heads up.
I wish I had more dry powder!
I really appreciate the heads up on this one, TC. Looking forward to following the company’s progress along with everyone else.
Ya, you have done well in the lithium sector. Congrats!
Sure am! I just wish I had more. What’s happening to E3 is what I always wanted for IBAT.
Will do! And ya, I sold the 107k shares in my trading account, but left the 15k shares I have in my Roth IRA. That’s only worth $1,200 now, so I figure I’ll let it ride. No worries if I lose it.
I’m officially out! The final rejection was the nail in the coffin. The writing is on the walls y’all.
Running out the clock is all they’ve been doing. That and diluting the shares of shareholders like myself who bought early and took the biggest risk.
But there is no mobile unit.
Generate revenue off of what? There is neither a plant, nor a mobile unit. I’m not selling and I hope for the best, but I remain skeptical.
Nice volume following yesterday's news.
Ensorcia obviously sees potential in $IBAT, and that is a good thing, but I call BS on this: "Neither the Company nor, to the knowledge of the Company after reasonable inquiry, Sorcia has any knowledge of any material information concerning the Company or its securities that has not been generally disclosed."
I’m feening for some news over here. C’mon IBAT!
Neither link worked at all for me...
Daniel Layton likes this
Hector Maya
Hector Maya
• 2nd
Projects Manager | Sustainable Development | Hydrogeology | Lithium Brine Expert
1w • 1 week ago
Una interesante reflexión sobre la situación del #litio en #Chile.
Agregaría que además se debe trabajar en una tecnología que permita una extracción y procesamiento de alto rendimiento. Actualmente las operaciones que se desarrollan en Chile utilizan una tecnología que tiene más de 40 años y que es de muy baja eficiencia, produciendo perdidas de litio por sobre el 60%.
Una nueva tecnología debe además evitar el alto consumo de recursos hídricos (agua y salmuera) para evitar impactos ambientales como los que se están empezando a observar en el #SalardeAtacama.
#lithium
…see more
Rate this translation
An interesting reflection on the situation of #litio the in #Chile.
I would add that you must also work on a technology that allows for high-performance extraction and processing. Currently the operations that are developed in Chile use a technology that is more than 40 years old and that is very low efficiency, producing lithium losses above 60%.
A new technology must also avoid the high consumption of water resources (water and brine) to avoid environmental impacts such as those that are starting to be observed in the #SalardeAtacama. #lithium
There is a huge 376,907 share ask at .10 right now. This will be interesting...
ENAMI Empresa Nacional de Minería
34,850 followers
28m • Edited • 28 minutes ago
LITIO The National Mining Company's interest in strengthening the development of the lithium industry in the country through the use of pioneering and sustainable technologies is addressed in its director's opinion column Francisco Orrego Bauzá LATERCERA SL today at ?? Pasen and read on link ?? https://lnkd.in/dtapF8x
This is the translated article.
If there is something that the pandemic is making clear to us, it is that we are experiencing a change without turning back. The indispensable use of mobile devices or computers to work, shop, do paperwork or just have fun, has transformed our daily lives. And in this scenario, lithium emerges as one of the main protagonists of an increasingly present future today. Above all, when its demand could triple in six years driven by electromobility, a key strategy to cushion the effects of climate change.
Much has been discussed and written regarding Chile's comparative advantages for the extraction and commercialization of lithium. This is how the unprecedented National Mining Policy 2050, which the Ministry of Mining is promoting, is taking over the opportunities generated by this mineral, which we cannot continue to postpone. Increasing its production to about 230 thousand tons per year, starting in 2025, necessarily involves incorporating the State, in association with private companies, in its production chain.
The public bidding process announced a few weeks ago by ENAMI is moving in that direction, since with the hydrogeological prospecting in its mining properties of the Infieles and Aguilar salt flats, in the Atacama region, it will be able to count on more accurate and reliable information to establish its potential. of lithium resources.
That ENAMI develop a business strategy around lithium and that, officially, it is already in the race to explore the business is logical. The state company has the legal power to promote the exploitation and commercialization of all types of minerals on behalf of the State, including under public / private schemes; Furthermore, it has an organizational and business structure for mining development on the scale required by the market, distributed throughout the country in areas of mining interest.
The interest shown in recent months by the company in an open and transparent manner, to promote the development of the lithium industry in Chile, reflects that its current administration, along with focusing on addressing the short-term challenges generated by the current health crisis and economic, it is also focused on promoting a long-term view of its strategic plan, including the exploration and exploitation of this resource with a sustainable perspective.
With its strategic decision to strengthen its natural conditions to participate in the demand for lithium, ENAMI has decided that promoting non-metallic mining is a valuable opportunity to establish itself as a relevant player in the national market. This is because, together with moving towards the diversification of its productive portfolio, lithium mining offers a positive scenario for the configuration of regional productive chains, generating a significant contribution to the progress of local economies. And why not say it too, of the Chilean economy by favoring the deepening of our country's leadership in world mining.
The author is ex-undersecretary of Mining and director of ENAMI
The direct lithium extraction sector is a good place to be right now.
Same! I bought mine on 12/29/17 for .37/share lol. I've since averaged it down to .15. Let's go!
This is why they want to be in Chile. I always knew the source was important, but I never knew why.
“IBAT seems to argue that with Harrison's system, the input brine goes one direction through the system's columns, while with IBAT's system, the input brine is selectively distributed to the columns”
This might be why the source is so important. Some brines might be concentrated enough to send to another tank that processes more refined brine, whereas brines from other sources might need to be run though a tank engineered to process less concentrated brine, which, in turn, makes the machine more efficient.
Efficiency is the name of the game. Plus, the mobile unit needs the ability to process various concentrations of brine because it’s designed to exploit multiple sources.
LET’S #%&$ing GO!