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You may have lost the interest in due diligence and research but my curiosity hasn't dwindled. I cannot seem to find the source of your information so moving forward I will have to just accept that it's a matter of baseless opinion over a fact.
Happy to see ibat technology selected by usmag over competing technologies for this project. Can't wait to see production data!
Burba is on a roll and making a statement showing off his Porsche E.V. while hard at work in East Texas.
After Burba drove to an Atlanta (Tx.) coffee shop in his lithium battery-powered Porsche in November, he said International Battery Metals is zeroing in on Texas and Chile’s Atacama Desert.
And in the small Cass County town of Atlanta (Tx), another player operates in the background. John Burba declared himself “the Godfather of Lithium” on one promotional pamphlet. He said his company, International Battery Metals, isn’t worried about securing leases.
He likened the Smackover Formation to Spindletop — the Texas oil field that catapulted the U.S. into the oil age more than a century ago.
“We’re probably sitting on some of the best lithium resources inthe world." Burba
https://www.news-journal.com/news/local/spindletop-for-the-21st-century-has-the-east-texas-lithium-race-begun/article_b036a36c-c07b-11ee-aa4f-8f2a46e2e2a1.html
Taz the Rat must need some info to copy and scurry back to the discord circle jerk to paste. You're not getting a participation trophy, so get over yourself scumbag "Lil" Johnny Boy and just accept the fact that you're not a team player, you're a self centered commie dictator with lonely, short man syndrome…
Psss…ICU !
Thank God ibat doesn't do those conferences. They literally don't get anything done. Ibat been doing the right thing for years. Good work usmag for selecting ibat as your technology provider among the others evaluated.
Side note, if you or anyone has seen references that stated salton sea produces carbonate please share it!
I believe the DLE convention in Argentina is going on Today and tomorrow..May 13th and 14th, 2024..Interesting who will show up from IBATs group? ..IBAT will no doubt be named and talked about..Also, Trader is right..give it s few more days of buying volume like this and the pps could hit $2.00 +..328,000 volume speaks volumes & Volume precedes price..3rd resistance to hit is $1.65.....Exciting times ahead....
All buying on the ask from market makers. Nobody selling into bid still. Is US Magnesium people buying??? Hmmm
Give it another day or two 😜
My mistake. CSE numbers were inaccurate at 06:10 PST.
Dr. John Burba, founder, CTO and director of International Battery Metals, said:
International Battery Metals’ patented Modular Extraction Technology will be the basis of future lithium extraction from brine resources around the world.
“It is the fastest technology to deploy and commence commercial operations,”
International Battery Metals (IBAT) and US Magnesium Sign Agreement to Install World's First Modular Direct Lithium Extraction (DLE) Plant - Batteries News
https://batteriesnews.com/international-battery-metals-ibat-and-us-magnesium-sign-agreement-to-install-worlds-first-modular-direct-lithium-extraction-dle-plant
Have to appreciate the "Burba" quotes, suttle subliminal messages looking into the IBAT future, "WILL BE THE BASIS... not MAYBE or COULD.
I appreciate all the constructive positive dialoque here, the dynamic comments good, bad or indifferent.
Probably just a parking number, but the morning bid on the CSE is $2.75 Canadian...which is $2.01 American. Don't know if that will still be there at the open, but we'll find out in 20 minutes. Cross your fingers.
Good luck!
INO..Theres more explosive news coming..multiple contracts seem highly probable..No DLE or MDLE can match IBATs proven tech, at least not now, but for a few years that is..so the race is on to be the worlds most environmental friendly, lowest cost, highest lithium yielding,extraction rate and being fastest to market to produce LiBI ...2.3 acres of land is only needed for plant to be set on top of resourse, of old smokey..LOL..Maybe High Mountain in NC..Arkansas Exxon Mobil knows IBAT tech is a perfect match for that smackover brine they purchase from Brent Wilsons Galvanic Energy....To choose another unproven DLE for Exxon Mobil or others, would be a mistake,would take even more time..and the time to get into green energy ..is nowza..Opinion or not..the early bird IBAT is out in front as we stand..All eyes are on Burbas IBAT Plant in Utah..and there may have more plants being built as we speak..Momentum is building for Burbas IBAT. Both here and abroad...New resistance rates starting at ist level level 1.34..up to 3rd level to be challenged this week/ today at $1.65....Lets see how we open up on the ask..slap that ask! Dont be an ass..
My thoughts exactly! they have the money! Musk might come back..LOL..
30 companies and consortia from 12 countries present their technologies for direct lithium extraction to ENAMI
4/23/2024
Lithium Valley overview slide deck for the April 25 California Senate Budget and Fiscal Review Committee, Subcommittee 4 on State Administration and General Government, here:
https://www.linkedin.com/feed/update/urn:li:activity:7192086871076691968/
These incremental price increases are great, but I'm still hoping for a "WHOA BABY!" buy out from big oil. They have the cash and they want to stay in the energy biz. Somewhere between 6 and 10 billion would get them a lock on John's Burbalators and they could become the main source of Lithium into the next century. As a plus, they could cancel their ventures into cancer causing big windmills. MOO (My Opinion Only).
I only know what I read in the funny papers.
es, the words you speak are lifting me up higher on this Mothers Day weekend! Happy Mother s Day!..The Mothers of Today and Yesterdays gone are to be celebrated always..Moms are so special.. ...Any additional news from IBAT or the Good Doctor John would surely make for a nice run ...Cant wait for Monday..
What does that line mean or is a link ? A link to so more good info no doubt..New 3rd resistance is at $1.65...Barchart opinion now says 88% strong buy..
bit.ly/4dAEiN1
You do the same Harbor6460. We will celebrate when this is 10 bucks a share or more..I feel ill sell a few shares at $5.00 but hold for a big score at $10 plus..Lets see how the next 30 to 90 days go..Looking Stong. Cant wait till Monday 9:30 am..
Have a nice weekend SLI News helped Proved DLE IS HERE AND HERE TO STAY
Yes le-bon-ton-roule rules with this post! Power Hour might see IBAT jump over $1.20..Just know that its holding and we are beholding to the company and to ourselves ts close out todayas faithful, long term and new investors as well..You build a house..they will come.Lets close out today strong!
Congrats to the IBAT team and Investors.
So many potential resources for years to come, time for everyone to make money.
IBAT has successfully demonstrated that the technology can extract lithium from subterranean brine sources and return the lithium-depleted brine to the same subsurface aquifer in a closed recycling loop. This accomplishment has been corroborated through testing with natural brines across Canada, the United States, Argentina, Chile, Mexico, and Europe.
Additionally, the technology has proven effective with various subterranean brine resources in regions such as Alberta, Saskatchewan, Michigan, Ohio, Oklahoma, California, and Texas, as well as Salars in Chile and Argentina, and geothermal brine in Germany.
https://www.chemanalyst.com/NewsAndDeals/NewsDetails/ibat-and-us-magnesium-to-install-worlds-first-modular-dle-plant-27711
Today is an important day for IBAT to hold onto its current trend of breaking resistance rates..rising above a dollar and holding it..No Friday selloff into the bid..Slap the ask..and it would bold well going into the weekend..Keep the momentum..ball rolling..Lets go to $1.10 by close..would be nice..My Chrystal ball never lies LOL..
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I watched the podcast and was thrilled to hear what Dr.John Burba and Daniel Layton had to say.It was so reassuring to me as an investor, as well as being a pro environmentally, green thumb concious type of guy, that IBAT is on its way to being a major player in the lithium oil brine extracting business.Big oil knows about IBAT..and Id be willing to say multiple contracts are quite probable as our first plant gets underway in Utah with US Mag....Breaking a Dollar..and we will Hollar..Exciting times are hear..Im buying a little more on the ask..Nobody hardley will sell into the bid these days..Smiles..
...........Trader.........Timely and reassuring communique between Company Principals and Shareholders.........
The Future of Lithium with Daniel Layton and John Burba of IBAT
Thanks for the info...Hope Exxon Mobil takes advantage of their smackover brine that needed no heat exchangers with IBATs process in St.Charles..A Perfect match if you ask me..Exxon got the word from the seller Galvanic CEO Brent Wilson that the IBAT tech was what Burba said..and then some.....so the cost is greatly reduced without heat exchangers to get the brine to right temp to extract.....Of course ..the use of solar panels would be good to lower heat exchanger cost as well.....Any new news would be potencially explosive...but IMO..Big news is coming within a few days or months..Hold for the white gold.
Chart made a W yesterday on the 3 month chart. Very Bullish to break out if we pass a 1.00. Let’s have a Good trading day
Agreed,Once we break a Dollar, we will Hollar.. Those 3 resistance marks are..3rd(.9827); 2nd(1.0453); 1st(1.1667)...Something is brewing up ..Maybe theres more thats meets the eye as more than one contract customer would not surprise many of us.IMO...Steady as she goes..PS..My brothers first truck was a Blue Ford250..He called it OleBlue...He loved that truck! Ran it into the ground after 30 years.IBAT will hit a Dollar this week plus..Hope So..Whats Up Doc?
Monthly Progress Report-April 2024
https://thecse.com/listings/international-battery-metals-ltd/
https://www.tooeleonline.com/articles/news/us-mag-breaks-ground-on-lithium-facility/
“ Cell salt is a by-product of the process of magnesium production. Over its 50 years of operation, US Magnesium has accumulated around 1.5 million tons of cell salt that looks like stacks of dirt on US Magnesium’s property.”
So to answer your question, we are starting from solids, that will have to be dissolved into a brine, and then yes heated up to 190 degrees
2 Great trafing days since the news. A lot of accumulation. Nobody selling into bid. A few BIG bids both days. Neither filled at .85 then today at .93. Volume before price is the name of the game. Market makers will run out of shares.
Offer closed again this morning. Another 10 mil+. Something is in the works imo more then Western US Mag contract
One of our posters was asking what is the temperature of that US Mag Salty Brine in Utah to be extracted?? We know that little or no heat exchangers are needed in Exxon mobils smackover brine in Arkansas with IBATs DLE...Cost of production goes way down when the brine is 200 degrees Celcius..A great question..?... Also US Mag has some legal issues regarding the pollution levels..I US Mag will reduce emissions for the Utah areas where they mine Bromide and Magnesium..they are a very environmentally concerned company as I read.. They have alot of lithium in that salty brine, and with the IBAT DLE tech/plant in place, a whole lot of people are going to get rich on our first, but not last contract customer..The parties signed that term sheet contract as stated in the pr..Great news so lets just let them do the testing and be patient as they get it done right.Issues can arise and can be resolved if so..Burba is on it..PS. the new resistance levels to be broken are as follows..1st resistance is .9827....2nd res. is 1.0453....3rd res. is 1.1667....Would be nice to break a dollar this week, like today hey! Any added news could trigger a run..Shorters .hope they get crushed! LOL..All eyes are on US Mag and IBAT plant! Could change the world of lithium mining..quite possible a home run.IMO..If you build the house...they will come! Is it opening yet? Cant wait..its 4:33 am in New York..5 hours till then..
We have enough lithium in the US to develope rather than to count ..yes..Chile and other countries.... F--K them if they procrastinate on the lithium flats.Politics ..?.They will lose out if they dont make quicker decisions....We have to be patient little grasshoppers as we go into testing the new plant at US Mags Utah facilities..US Mag wants to lessen the pollution of the areas of concern..and IBATs Tech will help lower the pollution levels while extracting the white metal...Bromide and magnesium production of the brines has caused environmental issues in the past ....Mining is undergoing a new world in the way business is done..Burbas tech is getting alot of attention as the testing of the newly upscaled plant unfolds....3 months is not that long for us to wait..Lets get this right ! Dont rush a great soon to be partnership/company...PS..We broke the 3rd level of resistance of .9132 yesterday..Lets see what the new levels are in the am..
https://litoralpress.cl/sitio/Prensa_Texto?LPKey=SKIIZA3BTXEPU6JGE4TYRLWJQQQ5FN7VNLPDETA4RVIQTXLSTHLA
This is the translation. Last paragraph is interesting
Lol. I see all buying on the ask and a 70k bid that’s not getting Sold into. Run Forrest Run
“I am smelling something that doesn’t smell good, and it’s not the Salton Sea,”
https://inewsource.org/2024/04/22/california-lawsuit-salton-sea-lithium-imperial-valley-ceqa/
The set up time may be the 10 days lol. But not when the 1st unit ever is moved and tested. I’m sure it will done carefully and learn from trial and error of connections. Do we need to heat the brine here?
I am sure you can do better, let us know when you start lab operations so we can follow.
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