Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
% Change Up 3.75%
% Change Up 8.75% Elevator going Up$$$$$$$$$$$$$$$$$$$
SolarCity(Nevada) and the Gigafactory =Nevada?
Nevada-The Governor’s Office of Economic Development doled out $1.2 million in funding and/or tax incentives from Nevada’s Catalyst Fund to get Elon Musk's California-based SolarCity to locate operations in Las Vegas.
From The Motley Fool:
There is one joint-venture partner that we can almost certainly count on: SolarCity. Musk has already said that the Gigafactory will be both solar and wind powered, thereby making the plant both green and self-sustainable to some extent, therefore making SolarCity an obvious fit for the undertaking.
Not to mention, Tesla and SolarCity currently work together on other ventures. SolarCity, for example, provides the solar panels used to power Tesla's Supercharger stations throughout the world. Meanwhile, similar to Apple and Tesla, SolarCity relies on lithium-ion batteries to power its new solar-energy-storage systems. There's also the family factor. You see, Musk is the cousin of SolarCity's CEO, Lyndon Rive, and a majority shareholder in the company.
5 cars the richest Americans are buying
I plan on buying this car this year when AMEL's pps skyrockets$$$$$$ this year.
From the Wall Street Journal:
Hint: They’re not Bentleys or Ferraris
Tesla Model S
Starting price: $71,070
Several electric cars came to the market before it, but the Tesla Model S is the first luxury electric ride that actually looks like a luxury car -- and it’s resonating with affluent buyers. Just over 12,100 of these cars sold during the first nine months of the year, according to Edmunds.com. Year to date through August it had double-digit market share of all new car sales in the most expensive zip codes in California’s Portola Valley, Los Altos Hills and Atherton where median home prices range from $4.3 million to $6.7 million. “It’s the new it toy to have,” says Caldwell.
Analysts say it’s poised to be the first successful marriage of high-end design with a futuristic look wrapped up in an eco-friendly car. The Model S can cover over 200 miles after charging on a 60 kWh battery pack and includes amenities such as dual-zone climate control, seven-speaker stereo system, and a backup camera similar to most high-end new cars.
GO AMEL$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Powering the Future: 5 Lithium Juniors on Tesla's Gigafactory Plans
BY Resource Investing News
It's been just over a month since Tesla Motors (NASDAQ:TSLA) made headlines with its plans to build a $5-billion lithium-ion battery gigafactory in the United States. The electric vehicle (EV) company has big plans for the future of lithium-ion batteries, including reducing the cost of the cells and producing more lithium-ion batteries by 2020 than were produced worldwide for the whole of 2013.
To make this incredible feat possible, Tesla is going to need a steady, stable supply of key battery-making materials: lithium, graphite and cobalt. As a result, the junior resource sector has come to life with excitement over the implications Tesla's gigafactory will have for the future of these three battery-essential metals.
To help our readers understand this market development, Lithium Investing News (LIN) spoke with Marc Morin, CEO of Ultra Lithium (TSXV:ULI); Luis Saenz, CEO of Li3 Energy (OTCBB:LIEG); Guy Bourassa, CEO of Nemaska Lithium (TSXV:NMX); James Calaway, non-executive chairman of Orocobre (TSX:ORL,ASX:ORE); and Robert Mintak, CEO of Pure Energy Minerals (TSXV:PE).
LIN: What do you think about Tesla's announcement?
ULI: It is great news for the lithium space. This factory would both lower the cost of EVs and other technologies using lithium-ion batteries due to economies of scale and also therefore increase demand for technology that utilizes these batteries, further accelerating demand for lithium.
The fact that Tesla cannot keep up its production to meet orders due to an inadequate number of lithium batteries being available really speaks to the growing popularity and acceptance of lithium battery technologies as a leader in sustainable and renewable energy solutions now and much more into the future.
This announcement echoes the cry from China to find solutions to fight pollution because in Beijing and in many other cities there, they are suffering from truly life-threatening levels of pollution. The demand as well as need for sustainable and renewable forms of energy is already great and will only continue to grow in our opinion.
LIEG: Clearly Tesla's announcement is positive for the lithium market. It demonstrates the future importance of lithium for the EV industry and the momentum that is starting to be generated. And it quickly underscores the fact that future lithium will be needed to meet this upcoming demand. I am sure it is one of many pieces of industry news we will see in the future.
NMX: I found it very interesting and quite timely. I was attending the Battery Japan show in Tokyo when the announcement was made. It certainly came as a confirmation of what we were hearing at the conference about lithium-ion batteries and the expected growth coming from North America in the automobile sector.
ORL: Elon Musk continues to impress with his bold thinking and ability to execute on scales larger than most. For all of us interested in electric propulsion and also renewable energy, his gigafactory announcement creates a new level of excitement.
PE: It provides the high-profile legitimacy that been missing from the lithium battery, EV and smart grid storage business narrative.
LIN: How did the gigafactory news impact you as a company?
LIEG: There has always been the question in the lithium market about how quickly demand can grow because of the EV "factor." As we go through a difficult market environment where new lithium projects are being questioned, the Tesla news is a breath of fresh air about the potential for future demand. It validates our thesis that projects like Li3 Energy's are necessary in the new market environment of EVs and smart grids that will need lithium.
ORL: In general, we and the lithium sector rallied on the news, but have given back some gains since the announcement. But at the fundamental level, this realistic announcement will create considerable new demand directly and in a time frame that is very relevant for our operations as we ramp up production starting this summer.
But I believe that the implications could be much greater than the direct demand from Tesla. I believe that Elon Musk is forcing the hands of the global auto sector to get on with the transition to electric propulsion. The incumbents would most like to go it slow allow for the lengthening of their current investments. Without his genius and drive, they would have the liberty to delay. I think Tesla is the driver of the revolution, and this has enormous implications for the lithium industry and for the battery sector broadly speaking.
PE: It was a wake up call for investors. The lithium exploration mining sector is again on the radar for investors looking for ways to get involved in the evolving EV story.
NMX: It immediately put Nemaska Lithium back on the radar of certain institutional investors and also confirmed to retail investors that what we had been saying about the lithium market is happening. It also triggered interest from certain large end users of lithium compounds.
ULI: Being that Ultra Lithium also holds assets in Nevada, where we see potential to make a lithium discovery, and due to our close proximity to Chemetall's Silver-Peak lithium brine deposit and facilities, one of the only existing lithium producers in America, we are more excited than ever about the prospects of increased lithium demand and a need for new producers, as well as existing producers, to increase production.
Ultra's proximity to this existing facility, the quality of our target area and the real possibility for collaboration has further increased our own excitement as well as the excitement of our investors as we plan to move forward with exploration.
LIN: With the gigafactory, Tesla will require a stable supply of materials for its factory. What will that mean for juniors?
LIEG: We have always operated under the scenario that there are a large number of lithium projects worldwide, but that only a few make true economic, long-term sense. That means the projects that are low-cost suppliers, effectively the brine projects in Latin America, will be the first level of preferred suppliers to end users such as Tesla's factory. I am sure the early stage investors, like POSCO (NYSE:PKX) in Li3 Energy's case, recognized the inherent value in these projects. The challenge is now time to market, and I believe brine projects like ours have a much greater chance of coming to production.
NMX: It means that there is an opportunity for the companies that have continued developing their project, and there are only a few, to possibly enter into the chain of supply. In the long run, even if Tesla decides to secure its supply from existing producers, the actual end users will still need to get products, and this will open doors to newcomers.
ORL: First, there are not many juniors with material production coming online in the near term. For the few that will be in commercial production in the next few years, the Tesla development opens an opportunity for the establishment of important new supply chain relationships. But I am sure that Tesla will be strategic with its supply chain, and will seek out both established and "up and coming" suppliers like Orocobre. All large users seek a diversity of supply. I suspect they will have three or four suppliers. We of course, through our relations with Toyota, hope to be among those suppliers.
PE: I think that the Tesla story will evolve into a larger and broader story of increased demand for anode and cathode battery materials as other leading EV and battery manufacturers work with miners to secure off take agreements and rapidly develop projects that have been dormant for the past few years.
ULI: Exploration for lithium, especially in high potential locations in proximity to the proposed site of the factory will very likely increase. Funding for projects with these characteristics will likely be easier to come by. Also, those companies with close proximity to an existing producer where processing could be done without the delay or costs associated with establishing new facilities should likely experience greater interest from potential investors as well as existing producers as they will strive to increase production and meet the growing demand domestically.
LIN: Why do you think the announcement of one factory has caused such excited in the market?
ULI: This announcement is causing a lot of excitement because this "gigafactory" would more than double the current global lithium ion battery production. That is considerable! Tesla which already uses half of all the batteries made for EVs for its Model S car has stated that; "by the end of the first year of volume production of their mass market vehicle, they expect that the giga-factory will have driven down the per kWh cost of their battery packs by more than 30 percent."
All of this translates into more EVs on the road, lower costs of those vehicles, as well as more awareness and in turn greater increases in demand for EVs and lithium as consumers and governments alike become ever more conscious of the impact burning fossil fuels has on our environment.
LIEG: The implication of the supply needed for this factory was the main reason. For the first time, we have a clear indication of what type of demand the future of the EV will require. And this is just the tip of the iceberg.
NMX: It confirms what market has been waiting for. Yes, the expected growth of demand based on EVs is real and the leading company in the EV is taking action to be sure to get the supply of batteries they need to do so. Very clear and strong signal.
ORL: It is the enormous scale and it's relationship to Tesla. It is also the firm belief that it will be done and done quickly. This is not a pipe dream . This is a vital part of the Musk dream.
PE: Elon Musk is a visionary - ala Edison or Wozniak. People listen and are excited by his ideas.
GIN: If there is one thing that investors should take away from Tesla's plans for a gigafactory, what is it?
LIEG: That the EV is here to stay. And its growth from now on will be exponential, particularly as other industry players try to catch up to Tesla's initiatives.
NMX: Tesla has decided to be fully integrated from the raw material up and has a clear aggressive business plan on developing the electric car sector. This is the beginning of a new era. It will definitely push conventional car manufacturers to speed up their development and that will benefit the lithium sector.
ORL: Skeptics about electric propulsion should be concerned about their position. Those lucky enough to own large, low cost means to produce lithium, this signals a bullish forecast for demand and for stable prices. And there are very few high quality, high margin producers where investors can make a lithium bet. I am delighted to be the chairman of one of those very rare birds.
PE: The Tesla Model S was just the start - affordable, long distance EV's are next and smart grid storage is on its way.
ULI: Lithium battery technology is here to stay regardless of the different chemistries and anode/cathode configuration advancements. This established yet still burgeoning industry is taking increasing hold and once fully capable of meeting demand will flourish, much like company profits.
Gigafactory will be located in northern NV probably around Reno/Sparks.
Reasons for locating the factory in Nevada:1.cheap land and taxes. 2, close to CA HQ. 3, renewable energy in abundance. 4, potential future rare earths nearby. NV is a within 200 miles of Tesla Ca factory. Logistics is very important in setting up a supply chain.
And Elon Musk is a big contributor to Democratic campaigns in general and to President Obama and Sen. Harry Reid of Nevada in particular.
And Nevada Sen. Harry Reid is a big advocate of clean energy and hosts a National Clean Energy Summit every August in Las Vegas; Musk spoke at the summit in 2012. And Nevada Gov. Brian Sandoval has met with executives from Tesla to make the state's case to be the site of the Gigafactory.
And Nevada-The Governor’s Office of Economic Development doled out $1.2 million in funding and/or tax incentives from Nevada’s Catalyst Fund to get Elon Musk's California-based SolarCity to locate operations in Las Vegas.
As a way to lock in a tremendous strategic advantage and solidify the future of Tesla Motors, is Elon Musk contemplating a run for AmeriLithium and its almost-bottomless lithium reserves, while prices are still dirt cheap?
To me, it makes perfect sense for Mr. Musk to buy AmeriLithium. AmeriLithium has locked up huge hunks of the world’s undeveloped lithium prospects and could keep Tesla supplied for decades.
To grasp the scope of what AMEL has accomplished. . .think what it would have been like if, back in the early 1900s, John D. Rockefeller had somehow managed to buy all the oil rights to the Saudi Arabian desert!
Now think about this: what would have happened if back in the early 1900s, early American automobile pioneer Ransom E. Olds and John D. Rockefeller had joined forces?
Is that the picture we’re seeing now?
Tesla Motors teaming up with the owner of America’s greatest lithium prospects. The implications are mind-boggling. As the demand for lithium begins to skyrocket (think China!), supply gets tight and prices soar, the auto maker that owns its own lithium reserve will dominate the world market.
What, I ask you, could be better than a takeover by Tesla Motor Company? I’ll tell you what: a bidding war for AmeriLithium between Mr. Musk and America’s only lithium producer!
Although its future looks phenomenal, AmeriLithium is still an early-stage exploration company.
On the other hand, its long-established Nevada neighbor, Chemtall Foote, is part of a huge, publicly traded company, Rockwood International (NYSE ROC) with a market cap of $1.91 billion, some 3,000 employees and sales of some 847 million Euros (about $1.12 billion dollars).
I don’t think for one moment that Chemtall Foote, operators of America’s only active lithium mine, is going to sit back and let Amerilithium gain a strategic advantage that, if it doesn’t take action now, could eventually knock it off the map! Not likely, especially when AMEL has already intruded on home turf by gobbling up lithium-rich acres right next door to Chemtall Foote’s ongoing operation!
I think a takeover by Tesla or the Chemetall Group, or one of the other more-established, deep-pocket mineral giants, is almost a given. And it’s not going to be a giveaway. AmeriLithium may be small, but its Australian acquisition puts it in the driver’s seat. Maybe AmeriLithium was thinking “buyout” when it grabbed the Australian claims.
AMEL=$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
We're going to be rewarded for our patience very soon.
AMEL=$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Nevada-The Governor’s Office of Economic Development doled out $1.2 million in funding and/or tax incentives from Nevada’s Catalyst Fund to get Elon Musk's California-based SolarCity to locate operations in Las Vegas.
Nevada Sen. Harry Reid is a big advocate of clean energy and hosts a National Clean Energy Summit every August in Las Vegas; Musk spoke at the summit in 2012. And Nevada Gov. Brian Sandoval has met with executives from Tesla to make the state's case to be the site of the Gigafactory.
"Tesla is an exceptional company, and we are honored to be included in their list of finalists," said Steve Hill, director of Sandoval's Office of Economic Development. "Our office has been working with the regional development authorities and local governments to highlight what Nevada offers: a skilled workforce, responsive workforce development and training programs, exceptional quality of life, great schools, low operating costs, and a commitment from the state of Nevada to provide the climate necessary for innovative businesses to thrive."
Elon Musk and Nevada's Senator Harry Reid
SolarCity's Company founder Elon Musk is a big contributor to Democratic campaigns in general and to President Obama and Sen. Harry Reid of Nevada in particular.
Well said!
AMEL=$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Elevator Going Up$$$ Last [Tick] $0.0103[+]
When Elon Musk announces that location Gigafactory=Nevada
AMEL will be Google on steroids.
We'll be singing "Na na na na, na na na na, hey hey hey, goodbye"
to pps=.01
to pps = .02
to pps =.10
Hello to $1.00
NASDAQ anyone?
Rollin' Rollin' Rollin'
Keep the pps up and movin', movin', movin',
Though the shorts disapprovin',
Keep them pps movin' AMEL!
Don't try to understand 'em,
Just buy and spend and grab 'em,
Soon we'll be living high and wide.
Boy my heart's calculatin'
My wealth will be waitin', at the end of this ride.
Move 'em on, head 'em up,
Head 'em up, move 'em out,
Move 'em on, head 'em out AMEL!
Set 'em out, ride 'em in
Ride 'em in, let 'em out,
Cut 'em out, ride 'em in AMEL.
Rollin', rollin', rollin'
Rollin', rollin', rollin'
Rollin', rollin', rollin'
Rollin', rollin', rollin'
AMEL!
Rollin', rollin', rollin'
Though the shorts are screamin
Keep them pps rollin'
AMEL!
All the wealth I'm missin',
Good car, vacation, and position',
Are waiting at the end of this ride
CHORUS
Move 'em on, head 'em up,
Head 'em up, move 'em out,
Move 'em on, head 'em out AMEL!
Set 'em out, ride 'em in
Ride 'em in, let 'em out,
Cut 'em out, ride 'em in AMEL.
Keep the pps up and movin', movin', movin',
Though the shorts disapprovin',
Keep them pps movin' AMEL!
Don't try to understand 'em,
Just buy and spend and grab 'em,
Soon we'll be living high and wide.
Boy my heart's calculatin'
My wealth will be waitin', at the end of this ride.
AMEL!
AMEL!
Elon Musk is going to build his $5-billion lithium-ion battery gigafactory most likely in Nevada where our AMEL is located. His big plans for the future of lithium-ion batteries, include producing more lithium-ion batteries by 2020 than were produced worldwide for the whole of 2013. To make this incredible feat possible, Mr. Musk is going to need a steady, stable supply of key battery-making materials which includes lithium.
Electric Vehicles are here to stay. And its growth from now on will be exponential, particularly as other industry players try to catch up to Tesla's initiatives.
AMEL=$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
AMEL$$$$$ Watch Your Step-Express Elevator Going Up$$
Elevator going up $$$Last [Tick] $0.01[+]
AMEL will be Google on steroids-$1.00 Plus$$$$$$$$$$$$$
When Tesla Motor’s announces that the Gigafactory will be located in Nevada, AMEL’s PPS will skyrocket. Yesterday’s closing PPS @ $0.0093 will seem like a distant memory.
With AMEL’s lithium-rich Australian acres added to its $3.7 billion Canadian reserve, AmeriLithium (AMEL.OB) will play an important role as a future supplier of Tesla’s lithium needs.
Lithium is the next oil. And, as in the early days of the petroleum revolution, those who are first to take control of the world’s lithium reserves, hold the key to our immense, unimaginable wealth.
As stock owners of AMEL, we’re all going to end up like Jed Clampett of the TV comedy of the 60’s, the Beverly Hillbillies-millionaires.
Elon Musk, with his Nevada Gigafactory in (hopefully) Nevada, is now in front of the lithium curve.
And AMEL has quickly clawed its way to the top of the heap. With a world wide total now of some 712,929 acres of prime lithium reserves, AmeriLithium is now firmly established as the future source of Tesla’s lithium needs.
And luckily for Tesla Motor Company, (and of course us, the shareholders) one of the earth’s two biggest lithium reserves is here in America, in Nevada’s lithium-rich Clayton Valley where AmeriLithium has their claim.
AMEL also owns the mineral rights to Canada’s largest lithium claim, some 664,049 acres in west-central Alberta. I just read a report by one stock analyst that put the value of AmeriLithium’s Canadian reserves at $3.7 billion. Government data confirms that AMEL’s Canadian property contains some 568,000 tons of proven lithium reserves. At $6,600 a ton, that’s how you get a value of $3.7 billion. And remember, that doesn’t include its Nevada nor its newly-acquired Australian prospects.
The implications are mind-boggling. As the demand for lithium begins to skyrocket , supply gets tight and prices soar, the company (think AMEL) who owns its own lithium reserve will dominate the world market.
I believe AMEL will see its stock explode in value!
AMEL-When Tesla Motor’s announces that the Gigafactory will be located in Nevada, AMEL’s PPS will skyrocket. Think Google on steroids. Today’s PPS @ $0.0091 will seem like a distant memory.
With AMEL’s lithium-rich Australian acres added to its $3.7 billion Canadian reserve, AmeriLithium (AMEL.OB) will play an important role as a future supplier of Tesla’s lithium needs.
Elon Musk is replacing the carbon-burning internal combustion engine with an efficient, emission-free, electric motors powered by a new generation of powerful, quick-charging, long-lasting lithium-ion batteries.
Lithium is the next oil. And, as in the early days of the petroleum revolution, those who are first to take control of the world’s lithium reserves, hold the key to immense, unimaginable wealth.
As stock owners of AMEL, we’re all going to end up like Jed Clampett of the TV comedy of the 60’s, the Beverly Hillbillies-millionaires.
Victory in this war will go to Tesla Motor Company; Elon Musk will be the quickest to adapt, and first to take advantage of (not run from) the future. And the future is unquestionably lithium! Think AMEL$$$
Elon Musk, with his Nevada Gigafactory in (hopefully) Nevada, is now in front of the lithium curve.
Mr. Musk understands that the key to its future is electric power from the new generation of powerful, compact, lithium-ion batteries. He also knows that the ultimate source of this new energy, lithium carbonate deposits, lie scattered in a few forgotten, still relatively undeveloped places around the earth.
And AMEL has quickly clawed its way to the top of the heap. With a world wide total now of some 712,929 acres of prime lithium reserves, AmeriLithium is now firmly established as the future source of Tesla’s lithium needs.
And luckily for Tesla Motor Company, (and of course us, the shareholders) one of the earth’s two biggest lithium reserves is here in America, in Nevada’s lithium-rich Clayton Valley where AmeriLithium has their claim.
AMEL also owns the mineral rights to Canada’s largest lithium claim, some 664,049 acres in west-central Alberta. I just read a report by one stock analyst that put the value of AmeriLithium’s Canadian reserves at $3.7 billion. Government data confirms that AMEL’s Canadian property contains some 568,000 tons of proven lithium reserves. At $6,600 a ton, that’s how you get a value of $3.7 billion. And remember, that doesn’t include its Nevada nor its newly-acquired Australian prospects.
The implications are mind-boggling. As the demand for lithium begins to skyrocket , supply gets tight and prices soar, the company (think AMEL) who owns its own lithium reserve will dominate the world market.
I believe AMEL will see its stock explode in value!
Tesla, with sales of just over 22,400 cars last year, is already the largest buyer of lithium-ion battery cells in the world. With plans to sell 500,000 vehicles, its own demand would be greater than the demand for every laptop, mobile phone and tablet sold in the world.
AMEL=$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
When Tesla Motor’s announces that the Gigafactory will be located in Nevada, AMEL’s PPS will skyrocket. Think Google on steroids. Today’s PPS @ $0.0091 will seem like a distant memory.
With AMEL’s lithium-rich Australian acres added to its $3.7 billion Canadian reserve, AmeriLithium (AMEL.OB) will play an important role as a future supplier of Tesla’s lithium needs.
Elon Musk is replacing the carbon-burning internal combustion engine with an efficient, emission-free, electric motors powered by a new generation of powerful, quick-charging, long-lasting lithium-ion batteries.
Lithium is the next oil. And, as in the early days of the petroleum revolution, those who are first to take control of the world’s lithium reserves, hold the key to immense, unimaginable wealth.
As stock owners of AMEL, we’re all going to end up like Jed Clampett of the TV comedy of the 60’s, the Beverly Hillbillies-millionaires.
Victory in this war will go to Tesla Motor Company; Elon Musk will be the quickest to adapt, and first to take advantage of (not run from) the future. And the future is unquestionably lithium! Think AMEL$$$
Elon Musk, with his Nevada Gigafactory in (hopefully) Nevada, is now in front of the lithium curve.
Mr. Musk understands that the key to its future is electric power from the new generation of powerful, compact, lithium-ion batteries. He also knows that the ultimate source of this new energy, lithium carbonate deposits, lie scattered in a few forgotten, still relatively undeveloped places around the earth.
And AMEL has quickly clawed its way to the top of the heap. With a world wide total now of some 712,929 acres of prime lithium reserves, AmeriLithium is now firmly established as the future source of Tesla’s lithium needs.
And luckily for Tesla Motor Company, (and of course us, the shareholders) one of the earth’s two biggest lithium reserves is here in America, in Nevada’s lithium-rich Clayton Valley where AmeriLithium has their claim.
AMEL also owns the mineral rights to Canada’s largest lithium claim, some 664,049 acres in west-central Alberta. I just read a report by one stock analyst that put the value of AmeriLithium’s Canadian reserves at $3.7 billion. Government data confirms that AMEL’s Canadian property contains some 568,000 tons of proven lithium reserves. At $6,600 a ton, that’s how you get a value of $3.7 billion. And remember, that doesn’t include its Nevada nor its newly-acquired Australian prospects.
The implications are mind-boggling. As the demand for lithium begins to skyrocket , supply gets tight and prices soar, the company (think AMEL) who owns its own lithium reserve will dominate the world market.
I believe AMEL will see its stock explode in value!
Come and listen to a story about a man named Jed
A poor mountaineer, barely kept his family fed,
Then one day he was shootin at some food,
And up through the ground came a bubblin crude.
Oil that is, black gold, Texas tea.
Well the first thing you know ol Jed's a millionaire,
Kinfolk said "Jed move away from there"
Said "Californy is the place you ought to be"
So they loaded up the truck and moved to Beverly.
Hills, that is. Swimmin pools, movie stars.
Well now its time to say good by to Jed and all his kin.
And they would like to thank you folks fer kindly droppin in.
You're all invited back a gain to this locality
To have a heapin helpin of their hospitality
Hillybilly that is. Set a spell, Take your shoes off.
Y'all come back now, y'hear?.
Powering the Future: 5 Lithium Juniors on Tesla’s Gigafactory Plans
By Vivien Diniz - Exclusive to Lithium Investing News
It’s been just over a month since Tesla Motors (NASDAQ:TSLA) made headlines with its plans to build a $5-billion lithium-ion battery gigafactory in the United States. The electric vehicle (EV) company has big plans for the future of lithium-ion batteries, including reducing the cost of the cells and producing more lithium-ion batteries by 2020 than were produced worldwide for the whole of 2013.
To make this incredible feat possible, Tesla is going to need a steady, stable supply of key battery-making materials: lithium, graphite and cobalt. As a result, the junior resource sector has come to life with excitement over the implications Tesla’s gigafactory will have for the future of these three battery-essential metals.
To help our readers understand this market development, Lithium Investing News (LIN) spoke with Marc Morin, CEO of Ultra Lithium (TSXV:ULI); Luis Saenz, CEO of Li3 Energy (OTCBB:LIEG); Guy Bourassa, CEO of Nemaska Lithium (TSXV:NMX); James Calaway, non-executive chairman of Orocobre (TSX:ORL,ASX:ORE); and Robert Mintak, CEO of Pure Energy Minerals (TSXV:PE).
LIN: What do you think about Tesla’s announcement?
ULI: It is great news for the lithium space. This factory would both lower the cost of EVs and other technologies using lithium-ion batteries due to economies of scale and also therefore increase demand for technology that utilizes these batteries, further accelerating demand for lithium.
The fact that Tesla cannot keep up its production to meet orders due to an inadequate number of lithium batteries being available really speaks to the growing popularity and acceptance of lithium battery technologies as a leader in sustainable and renewable energy solutions now and much more into the future.
This announcement echoes the cry from China to find solutions to fight pollution because in Beijing and in many other cities there, they are suffering from truly life-threatening levels of pollution. The
demand as well as need for sustainable and renewable forms of energy is already great and will only continue to grow in our opinion.
LIEG: Clearly Tesla’s announcement is positive for the lithium market. It demonstrates the future importance of lithium for the EV industry and the momentum that is starting to be generated. And it quickly underscores the fact that future lithium will be needed to meet this upcoming demand. I am sure it is one of many pieces of industry news we will see in the future.
NMX: I found it very interesting and quite timely. I was attending the Battery Japan show in Tokyo when the announcement was made. It certainly came as a confirmation of what we were hearing at the conference about lithium-ion batteries and the expected growth coming from North America in the automobile sector.
ORL: Elon Musk continues to impress with his bold thinking and ability to execute on scales larger than most. For all of us interested in electric propulsion and also renewable energy, his gigafactory announcement creates a new level of excitement.
PE: It provides the high-profile legitimacy that been missing from the lithium battery, EV and smart grid storage business narrative.
LIN: How did the gigafactory news impact you as a company?
LIEG: There has always been the question in the lithium market about how quickly demand can grow because of the EV “factor.” As we go through a difficult market environment where new lithium projects are being questioned, the Tesla news is a breath of fresh air about the potential for future demand. It validates our thesis that projects like Li3 Energy’s are necessary in the new market environment of EVs and smart grids that will need lithium.
ORL: In general, we and the lithium sector rallied on the news, but have given back some gains since the announcement. But at the fundamental level, this realistic announcement will create considerable new demand directly and in a time frame that is very relevant for our operations as we ramp up production starting this summer.
But I believe that the implications could be much greater than the direct demand from Tesla. I believe that Elon Musk is forcing the hands of the global auto sector to get on with the transition to electric propulsion. The incumbents would most like to go it slow allow for the lengthening of their current investments. Without his genius and drive, they would have the liberty to delay. I think Tesla is the driver of the revolution, and this has enormous implications for the lithium industry and for the battery sector broadly speaking.
PE: It was a wake up call for investors. The lithium exploration mining sector is again on the radar for investors looking for ways to get involved in the evolving EV story.
NMX: It immediately put Nemaska Lithium back on the radar of certain institutional investors and also confirmed to retail investors that what we had been saying about the lithium market is happening. It also triggered interest from certain large end users of lithium compounds.
ULI: Being that Ultra Lithium also holds assets in Nevada, where we see potential to make a lithium discovery, and due to our close proximity to Chemetall’s Silver-Peak lithium brine deposit and facilities, one of the only existing lithium producers in America, we are more excited than ever about the prospects of increased lithium demand and a need for new producers, as well as existing producers, to increase production.
Ultra’s proximity to this existing facility, the quality of our target area and the real possibility for collaboration has further increased our own excitement as well as the excitement of our investors as we plan to move forward with exploration.
LIN: With the gigafactory, Tesla will require a stable supply of materials for its factory. What will that mean for juniors?
LIEG: We have always operated under the scenario that there are a large number of lithium projects worldwide, but that only a few make true economic, long-term sense. That means the projects that are low-cost suppliers, effectively the brine projects in Latin America, will be the first level of preferred suppliers to end users such as Tesla’s factory. I am sure the early stage investors, like POSCO (NYSE:PKX) in Li3 Energy’s case, recognized the inherent value in these projects. The challenge is now time to market, and I believe brine projects like ours have a much greater chance of coming to production.
NMX: It means that there is an opportunity for the companies that have continued developing their project, and there are only a few, to possibly enter into the chain of supply. In the long run, even if Tesla decides to secure its supply from existing producers, the actual end users will still need to get products, and this will open doors to newcomers.
ORL: First, there are not many juniors with material production coming online in the near term. For the few that will be in commercial production in the next few years, the Tesla development opens an opportunity for the establishment of important new supply chain relationships. But I am sure that Tesla will be strategic with its supply chain, and will seek out both established and “up and coming” suppliers like Orocobre. All large users seek a diversity of supply. I suspect they will have three or four suppliers. We of course, through our relations with Toyota, hope to be among those suppliers.
PE: I think that the Tesla story will evolve into a larger and broader story of increased demand for anode and cathode battery materials as other leading EV and battery manufacturers work with miners to secure off take agreements and rapidly develop projects that have been dormant for the past few years.
ULI: Exploration for lithium, especially in high potential locations in proximity to the proposed site of the factory will very likely increase. Funding for projects with these characteristics will likely be easier to come by. Also, those companies with close proximity to an existing producer where processing could be done without the delay or costs associated with establishing new facilities should likely experience greater interest from potential investors as well as existing producers as they will strive to increase production and meet the growing demand domestically.
LIN: Why do you think the announcement of one factory has caused such excited in the market?
ULI: This announcement is causing a lot of excitement because this “gigafactory” would more than double the current global lithium ion battery production. That is considerable! Tesla which already uses half of all the batteries made for EVs for its Model S car has stated that; “by the end of the first year of volume production of their mass market vehicle, they expect that the giga-factory will have driven down the per kWh cost of their battery packs by more than 30 percent.”
All of this translates into more EVs on the road, lower costs of those vehicles, as well as more awareness and in turn greater increases in demand for EVs and lithium as consumers and governments alike become ever more conscious of the impact burning fossil fuels has on our environment.
LIEG: The implication of the supply needed for this factory was the main reason. For the first time, we have a clear indication of what type of demand the future of the EV will require. And this is just the tip of the iceberg.
NMX: It confirms what market has been waiting for. Yes, the expected growth of demand based on EVs is real and the leading company in the EV is taking action to be sure to get the supply of batteries they need to do so. Very clear and strong signal.
ORL: It is the enormous scale and it’s relationship to Tesla. It is also the firm belief that it will be done and done quickly. This is not a pipe dream . This is a vital part of the Musk dream.
PE: Elon Musk is a visionary – ala Edison or Wozniak. People listen and are excited by his ideas.
GIN: If there is one thing that investors should take away from Tesla’s plans for a gigafactory, what is it?
LIEG: That the EV is here to stay. And its growth from now on will be exponential, particularly as other industry players try to catch up to Tesla’s initiatives.
NMX: Tesla has decided to be fully integrated from the raw material up and has a clear aggressive business plan on developing the electric car sector. This is the beginning of a new era. It will definitely push conventional car manufacturers to speed up their development and that will benefit the lithium sector.
ORL: Skeptics about electric propulsion should be concerned about their position. Those lucky enough to own large, low cost means to produce lithium, this signals a bullish forecast for demand and for stable prices. And there are very few high quality, high margin producers where investors can make a lithium bet. I am delighted to be the chairman of one of those very rare birds.
PE: The Tesla Model S was just the start – affordable, long distance EV’s are next and smart grid storage is on its way.
ULI: Lithium battery technology is here to stay regardless of the different chemistries and anode/cathode configuration advancements. This established yet still burgeoning industry is taking increasing hold and once fully capable of meeting demand will flourish, much like company profits.
Go AMEL $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Tesla’s GigaFactory huge game-changer for AMEL$
Tesla lithium battery GigaFactory would be a huge game-changer for Nevada, and of course the shareholders of AMEL (also located in Nevada). From a logistics and cost standpoint, it is hard to argue against Nevada. The state is on the main rail freight lines. In addition, Nevada is on the main transcontinental highways and this state is at the hub of both an East-West and North-South highway system. Nevada is in much closer proximity to Tesla's Fremont manufacturing plant, with a short, straight shot by road or rail. This state has no corporate income tax. Nevada has duty-free warehousing. And this state has great real estate available in the biggest tech park in the US. Moreover, Nevada has tons of renewable energy in geothermal, wind and sun.
Tesla has publicly stated that it intends to source the minerals for the batteries domestically. Nevada has the only active Lithium mine in the US and many other lithium deposits that could be tapped. Nevada is only a relative stone's throw from the only active rare earths mine in the US, at Mountain Pass. This state has untapped graphite reserves in shuttered mines that could go online pretty quickly. Cobalt, potash, copper, manganese and a whole host of other necessary minerals can be mined in the vast expanses of public land in Nevada.
Nevada has a great chance of being the new home for Tesla’s Gigafactory. When that announcement is made, AMEL's PPS will skyrocket.
Tesla’s GigaFactory huge game-changer for AMEL$
Tesla lithium battery GigaFactory would be a huge game-changer for Nevada, and of course us- the shareholders of AMEL. $$$$$$$$$$$$
From a logistics and cost standpoint, it is hard to argue against Nevada. The state is on the main rail freight lines. In addition, Nevada is on the main transcontinental highways and this state is at the hub of both an East-West and North-South highway system. Nevada is in much closer proximity to Tesla's Fremont manufacturing plant, with a short, straight shot by road or rail. This state has no corporate income tax. Nevada has duty-free warehousing. And this state has great real estate available in the biggest tech park in the US. Moreover, Nevada has tons of renewable energy in geothermal, wind and sun.
Tesla has publicly stated that it intends to source the minerals for the batteries domestically. Nevada has the only active Lithium mine in the US and many other lithium deposits that could be tapped. Nevada is only a relative stone's throw from the only active rare earths mine in the US, at Mountain Pass. This state has untapped graphite reserves in shuttered mines that could go online pretty quickly. Cobalt, potash, copper, manganese and a whole host of other necessary minerals can be mined in the vast expanses of public land in Nevada.
Nevada will be the new home for Tesla’s Gigafactory.
Go AMEL$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Nevada has been very friendly to Silicone Valley, and especially SV's forays into the automotive world.
Plus there is SEMA, Nevada being one of the best places for classic car owners, cheap land, insane tax incentives, tons of renewable energy in the forms of solar and geothermal, and it's just a drive or quick flight away from the home office back in California.
There is also that tiny geological study also being conducted by the USGS, UNR, and DRI that point to the fact that Nevada may in fact have the largest undiscovered deposits of Rare Earth materials in the world that are needed for cellphones and batteries.
Why Nevada Most Likely To Get Tesla's Gigafactory
by Patrick George/Jalopnik
"...Nevada
Why it could work: Right now, Nevada seems to be the odds-on favorite for the Gigafactory, if you'll pardon the obvious gambling pun. The Reno area is said to be the leading contender to acquire the plant according to business and political leaders in neighboring, presumably super-jealous Arizona. Nevada is said to be the only site of the four finalists where zoning and permits are being discussed.
There are a lot of reasons Nevada may be ideal for Tesla's needs, according to the Phoenix Business Journal. One possible location is a former Air Force base with 3,000 acres available for development and rail linked to the not-too-far-away Tesla plant in California. P
It's also got the renewable side covered, according to Autoblog Green. The state has ample solar and wind power and space to put it near the plant, and it's the location of the only brine pool lithium production in the U.S. Also, Tesla has a storefront in Nevada, but its direct sales have yet to be challenged by any lawsuits or legislation.P
Why Tesla might want to go elsewhere: Why would they want to? Barring any surprise decisions, Nevada could be the perfect Goldilocks state that checks all of Tesla's boxes. We'll see what they offer in terms of incentives, but at the moment Nevada makes the strongest case for the plant...."
Why Nevada likely to land Tesla's $5B gigafactory
Mike Sunnucks Senior Reporter-
Phoenix Business Journal
Northern Nevada is the front runner to land Tesla Motors’ $5 billion electric battery factory, though the California automaker is still talking to Texas, Arizona and New Mexico officials about incentive packages for the 1,000-acre site selection.
Multiple business and political sources in the Phoenix area say the Reno area in northern Nevada is the odds-on favorite to land the Tesla plant, which would encompass as much as 10 million square feet and employ 6,500 workers. Those officials asked not to be identified.
One real estate executive said Tesla may already be talking to Nevada officials about permits, zoning and land-use aspects of the gigafactory. The executive — who also asked not to be identified — said that is not happening in the other Southwestern states in contention.
One possible Nevada location for Tesla is the 5,000-acre Reno-Stead Airport. The airport has 3,000 acres available for development, a rail spur option and sits 15 miles north of Reno. It is the site of a former U.S. Air Force base.
Tesla needs plenty of land and railroad access for the plant, which will be powered by an adjacent solar and renewable energy field.
The Reno area has the advantage of being on the railroad to Tesla’s Fremont, Calif. assembly plant, and it’s closer than other sites under consideration — including ones in the Phoenix and Tucson areas.
Tesla officials did not respond to requests for comment nor did Reno-area economic developers.
The site selection process comes as Arizona, Texas and other U.S. states consider whether to allow Tesla to sell their high-priced electric cars directly to consumers — not through dealerships. Car dealerships are battling Tesla at a number state capitals, including Phoenix
Breakout Boards 4 Amerilithium Corp. (AMEL)
Amerilithium Corp. ( (AMEL) % Change Up 50.00%
When Elon Musk, the CEO of one of the hottest companies in the world, Tesla Motors, announces that his Gigafactory will be located in Nevada, this lithium stock will skyrocket. AMEL is located in Nevada. The Gigafactory, by 2020, will produce more lithium ion batteries annually than were produced worldwide in 2013. AmeriLithium has amassed a Lithium portfolio consisting of ~727,779 acres, including four Nevada-based projects nearby the only Lithium producing plant in the US, a large project in Alberta, Canada, and a project in Western Australia.
Obi, AMEL is going to allow me to buy a Tesla Roadster and Model S.
Heres the video 60 min....
http://www.cbsnews.com/videos/tesla-and-spacex-elon-musks-industrial-empire/
Breakout Boards 5 Amerilithium Corp. (AMEL)
% Change Up50.00%
Breakout Boards 6 Amerilithium Corp. (AMEL)
Powering the Future: 5 Lithium Juniors on Tesla’s Gigafactory Plans
Monday March 31, 2014
By Vivien Diniz - Exclusive to Lithium Investing News
It’s been just over a month since Tesla Motors (NASDAQ:TSLA) made headlines with its plans to build a $5-billion lithium-ion battery gigafactory in the United States. The electric vehicle (EV) company has big plans for the future of lithium-ion batteries, including reducing the cost of the cells and producing more lithium-ion batteries by 2020 than were produced worldwide for the whole of 2013.
To make this incredible feat possible, Tesla is going to need a steady, stable supply of key battery-making materials: lithium, graphite and cobalt. As a result, the junior resource sector has come to life with excitement over the implications Tesla’s gigafactory will have for the future of these three battery-essential metals.
To help our readers understand this market development, Lithium Investing News (LIN) spoke with Marc Morin, CEO of Ultra Lithium (TSXV:ULI); Luis Saenz, CEO of Li3 Energy (OTCBB:LIEG); Guy Bourassa, CEO of Nemaska Lithium (TSXV:NMX); James Calaway, non-executive chairman of Orocobre (TSX:ORL,ASX:ORE); and Robert Mintak, CEO of Pure Energy Minerals (TSXV:PE).
LIN: What do you think about Tesla’s announcement?
ULI: It is great news for the lithium space. This factory would both lower the cost of EVs and other technologies using lithium-ion batteries due to economies of scale and also therefore increase demand for technology that utilizes these batteries, further accelerating demand for lithium.
The fact that Tesla cannot keep up its production to meet orders due to an inadequate number of lithium batteries being available really speaks to the growing popularity and acceptance of lithium battery technologies as a leader in sustainable and renewable energy solutions now and much more into the future.
This announcement echoes the cry from China to find solutions to fight pollution because in Beijing and in many other cities there, they are suffering from truly life-threatening levels of pollution. The demand as well as need for sustainable and renewable forms of energy is already great and will only continue to grow in our opinion.
LIEG: Clearly Tesla’s announcement is positive for the lithium market. It demonstrates the future importance of lithium for the EV industry and the momentum that is starting to be generated. And it quickly underscores the fact that future lithium will be needed to meet this upcoming demand. I am sure it is one of many pieces of industry news we will see in the future.
NMX: I found it very interesting and quite timely. I was attending the Battery Japan show in Tokyo when the announcement was made. It certainly came as a confirmation of what we were hearing at the conference about lithium-ion batteries and the expected growth coming from North America in the automobile sector.
ORL: Elon Musk continues to impress with his bold thinking and ability to execute on scales larger than most. For all of us interested in electric propulsion and also renewable energy, his gigafactory announcement creates a new level of excitement.
PE: It provides the high-profile legitimacy that been missing from the lithium battery, EV and smart grid storage business narrative.
LIN: How did the gigafactory news impact you as a company?
LIEG: There has always been the question in the lithium market about how quickly demand can grow because of the EV “factor.” As we go through a difficult market environment where new lithium projects are being questioned, the Tesla news is a breath of fresh air about the potential for future demand. It validates our thesis that projects like Li3 Energy’s are necessary in the new market environment of EVs and smart grids that will need lithium.
ORL: In general, we and the lithium sector rallied on the news, but have given back some gains since the announcement. But at the fundamental level, this realistic announcement will create considerable new demand directly and in a time frame that is very relevant for our operations as we ramp up production starting this summer.
But I believe that the implications could be much greater than the direct demand from Tesla. I believe that Elon Musk is forcing the hands of the global auto sector to get on with the transition to electric propulsion. The incumbents would most like to go it slow allow for the lengthening of their current investments. Without his genius and drive, they would have the liberty to delay. I think Tesla is the driver of the revolution, and this has enormous implications for the lithium industry and for the battery sector broadly speaking.
PE: It was a wake up call for investors. The lithium exploration mining sector is again on the radar for investors looking for ways to get involved in the evolving EV story.
NMX: It immediately put Nemaska Lithium back on the radar of certain institutional investors and also confirmed to retail investors that what we had been saying about the lithium market is happening. It also triggered interest from certain large end users of lithium compounds.
ULI: Being that Ultra Lithium also holds assets in Nevada, where we see potential to make a lithium discovery, and due to our close proximity to Chemetall’s Silver-Peak lithium brine deposit and facilities, one of the only existing lithium producers in America, we are more excited than ever about the prospects of increased lithium demand and a need for new producers, as well as existing producers, to increase production.
Ultra’s proximity to this existing facility, the quality of our target area and the real possibility for collaboration has further increased our own excitement as well as the excitement of our investors as we plan to move forward with exploration.
LIN: With the gigafactory, Tesla will require a stable supply of materials for its factory. What will that mean for juniors?
LIEG: We have always operated under the scenario that there are a large number of lithium projects worldwide, but that only a few make true economic, long-term sense. That means the projects that are low-cost suppliers, effectively the brine projects in Latin America, will be the first level of preferred suppliers to end users such as Tesla’s factory. I am sure the early stage investors, like POSCO (NYSE:PKX) in Li3 Energy’s case, recognized the inherent value in these projects. The challenge is now time to market, and I believe brine projects like ours have a much greater chance of coming to production.
NMX: It means that there is an opportunity for the companies that have continued developing their project, and there are only a few, to possibly enter into the chain of supply. In the long run, even if Tesla decides to secure its supply from existing producers, the actual end users will still need to get products, and this will open doors to newcomers.
ORL: First, there are not many juniors with material production coming online in the near term. For the few that will be in commercial production in the next few years, the Tesla development opens an opportunity for the establishment of important new supply chain relationships. But I am sure that Tesla will be strategic with its supply chain, and will seek out both established and “up and coming” suppliers like Orocobre. All large users seek a diversity of supply. I suspect they will have three or four suppliers. We of course, through our relations with Toyota, hope to be among those suppliers.
PE: I think that the Tesla story will evolve into a larger and broader story of increased demand for anode and cathode battery materials as other leading EV and battery manufacturers work with miners to secure off take agreements and rapidly develop projects that have been dormant for the past few years.
ULI: Exploration for lithium, especially in high potential locations in proximity to the proposed site of the factory will very likely increase. Funding for projects with these characteristics will likely be easier to come by. Also, those companies with close proximity to an existing producer where processing could be done without the delay or costs associated with establishing new facilities should likely experience greater interest from potential investors as well as existing producers as they will strive to increase production and meet the growing demand domestically.
LIN: Why do you think the announcement of one factory has caused such excited in the market?
ULI: This announcement is causing a lot of excitement because this “gigafactory” would more than double the current global lithium ion battery production. That is considerable! Tesla which already uses half of all the batteries made for EVs for its Model S car has stated that; “by the end of the first year of volume production of their mass market vehicle, they expect that the giga-factory will have driven down the per kWh cost of their battery packs by more than 30 percent.”
All of this translates into more EVs on the road, lower costs of those vehicles, as well as more awareness and in turn greater increases in demand for EVs and lithium as consumers and governments alike become ever more conscious of the impact burning fossil fuels has on our environment.
LIEG: The implication of the supply needed for this factory was the main reason. For the first time, we have a clear indication of what type of demand the future of the EV will require. And this is just the tip of the iceberg.
NMX: It confirms what market has been waiting for. Yes, the expected growth of demand based on EVs is real and the leading company in the EV is taking action to be sure to get the supply of batteries they need to do so. Very clear and strong signal.
ORL: It is the enormous scale and it’s relationship to Tesla. It is also the firm belief that it will be done and done quickly. This is not a pipe dream . This is a vital part of the Musk dream.
PE: Elon Musk is a visionary – ala Edison or Wozniak. People listen and are excited by his ideas.
GIN: If there is one thing that investors should take away from Tesla’s plans for a gigafactory, what is it?
LIEG: That the EV is here to stay. And its growth from now on will be exponential, particularly as other industry players try to catch up to Tesla’s initiatives.
NMX: Tesla has decided to be fully integrated from the raw material up and has a clear aggressive business plan on developing the electric car sector. This is the beginning of a new era. It will definitely push conventional car manufacturers to speed up their development and that will benefit the lithium sector.
ORL: Skeptics about electric propulsion should be concerned about their position. Those lucky enough to own large, low cost means to produce lithium, this signals a bullish forecast for demand and for stable prices. And there are very few high quality, high margin producers where investors can make a lithium bet. I am delighted to be the chairman of one of those very rare birds.
PE: The Tesla Model S was just the start – affordable, long distance EV’s are next and smart grid storage is on its way.
ULI: Lithium battery technology is here to stay regardless of the different chemistries and anode/cathode configuration advancements. This established yet still burgeoning industry is taking increasing hold and once fully capable of meeting demand will flourish, much like company profits.
Rollin' Rollin' Rollin'
Keep the pps up and movin', movin', movin',
Though the shorts disapprovin',
Keep them pps movin' AMEL!
Don't try to understand 'em,
Just buy and spend and grab 'em,
Soon we'll be living high and wide.
Boy my heart's calculatin'
My wealth will be waitin', at the end of this ride.
Move 'em on, head 'em up,
Head 'em up, move 'em out,
Move 'em on, head 'em out AMEL!
Set 'em out, ride 'em in
Ride 'em in, let 'em out,
Cut 'em out, ride 'em in AMEL.
Rollin', rollin', rollin'
Rollin', rollin', rollin'
Rollin', rollin', rollin'
Rollin', rollin', rollin'
AMEL!
Rollin', rollin', rollin'
Though the shorts are screamin
Keep them pps rollin'
AMEL!
All the wealth I'm missin',
Good car, vacation, and position',
Are waiting at the end of this ride
CHORUS
Move 'em on, head 'em up,
Head 'em up, move 'em out,
Move 'em on, head 'em out AMEL!
Set 'em out, ride 'em in
Ride 'em in, let 'em out,
Cut 'em out, ride 'em in AMEL.
Keep the pps up and movin', movin', movin',
Though the shorts disapprovin',
Keep them pps movin' AMEL!
Don't try to understand 'em,
Just buy and spend and grab 'em,
Soon we'll be living high and wide.
Boy my heart's calculatin'
My wealth will be waitin', at the end of this ride.
AMEL!
AMEL!
Please watch your step! Express elevator going up$$$$$$$$$$$$$
Last [Tick] $0.0115[+] $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
roepicks, I hope so also. And I just posted the following on MOMO's Breakout Board on Investors Hub; I did it to make others aware of our AMEL.:
"Once Elon Musk's Gigafactory location is announced (most likely Nevada),this lithium stock (also located in Nevada) will take off!"
AMEL-Once Elon Musk's Gigafactory location is announced (most likely Nevada),this lithium stock (also located in Nevada) will take off!