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Lol. Mute. Today Trump endorsed EV after getting 45 mil a month from Musk. Lol. And on a side note Lithium mining DLE Is here 4ever imo. Mute.
Who know. This thing is a POS.
The market makers just had a cross trade to take it to .87. What a joke. 20k shares from 1.00 to .87
Toxic financining is the otc way
Yuck for you. Lol
Lithium is not all about electric vechiles. Use your brain. It’s the future of smaller battery’s that last longer and have major applications in the future. Bye bye u.
Chart has a lot of support at 2.50. Over 3.50 it would have to break to have any chance of moving up. Long term I like this company. Looks legit. Like I said. I ain’t shorting. Just would enter if lower
Way over sold. Same price as last earnings. Super healthy chart. After earnings we see see 190-200 in next 3 months. Google is the strongest and most earnings it’s ever had. And the growth is coming more and more
Broken fingers you mean
Isn’t funny how all otc companies talk big plans then never get anything done…and now a new vision. Lol. Stick to real companies not start up with no rev and dilution imo. Gl if this works out. I quit the otc after all the new rules. There is nothing left. Not even pump and dump stuff
Investing is a start up growing business/industry takes time. We don’t have a lot of money…and everything costs money…management,workers,transportation,training,otc filings to stay current. The unit is in place and being upgraded to produce more lithium as per the filing. Everything looks Good here. And a Huge step from 12 months ago. I have invested in small start ups in the past…it takes to,e…but when it gets to the next level…which I see coming here…growth and Revenue will be on the way. DLE is the future…that’s not a question…and we are 1st to market and showing our stuff as we speak..shares keep getting googled up. Long and STRONG Burba!
It can be seen as all shares are selling into the bid this week. What you gonna do. The guy owns 24 million shares still.
Holding your shares? How would you even sell them. Lol. It’s just a number now in your portfolio. Not a symbol
Boris help us. Lmao. RS coming. Everybody dead. Oops. Imo
Some buying on the ask
Now is the time to buy cheap and store. These prices won’t last when companies go out of business and supply is low. Hence DLE is the future
I see more buying. 1.02 seller gone
Me too. Lol
If charts matter. The gap up from .78 which was a strong support for years filled back down from 1.50. So moving forward anything can happen based on past situations on charts breaking out. I’m here to see the Fireworks…I say September but may be 5 months and some serious news and rev starting LONGGGGG
I see more buying
This is nuts and over bought but it doesn’t mean it’s over. Profit taking is near. Election cycle coming. Then boom in November. Gl
Someone is buying
Positivity is Key. Share price is not the future of a company. We haven’t been found yet imo. Let the Big boys go out of business cause lithium is not worth mining with these huge facilities and prices DOE is the future and IBATF Is WAYYYYY AHEAD
Lol. I thought this was a Great find when I found it. I missed the run. I wouldn’t the top or the middle. I am now considering entering. But I see lower prices. The profits are just not there to take the risk. But like I saud I’m watching. And I Hate to say this..a Good trader always takes profits. You guys had 100’s of percent. It doesn’t have a PE. So u must sell and make money that’s what your here for. If you miss the HR. Oh well. But u made some money. Now your back to waiting on a HR. Gl. They may dilute or sell insider shares. The officers have too many free already. Imo gl
2 W in the chart today. I say it everytime I see it. We going hirer this week.
Someday they Shell may be bought again. Who knows. The otc is dead. All the custodian stocks were all lies and went to Sh#t
For the record I’m not shorting or in the know of anything. But have been watching this symbol for 10 years. I hope the longs have there day.
I called 2.26. Hmmm. Stinks. Looks like 1.60 is the entry
Good bye. Sell the news
Read it from 1st post till last. I was able to sneak in free somehow again. Burba has things lined up
Burba said the numbers from US Magnesium should be coming in over the next two to three months. "Once we're through startup phase, and it's run for a reasonable amount of time, we'll start waving the victory flags."
A transportable plant would be especially beneficial for the large fields in the Smackover formation in Louisiana, Texas and Arkansas, said Burba, because it would negate the need to construct expensive pipelines to handle the brine. Because of the lower cost of the facility, lithium in the 200 to 350 parts per million range could make a good return on the investment, versus the 600 ppm more traditional companies are seeking.
What about required permits? Like the lithium royalty structure, they are still unknown. However, Burba confirms a discussion in Texas was very hopeful. "We've been talking to several different groups interested in working with us. Because we are not putting foundations in, we're not burying pipe, it's all transportable, the Railroad Commission in Texas has indicated that it's essentially the same thing as drilling equipment. It's kind of a non-event."
Burba touts two big benefits to the IBAT process. First is that no acid-based chemicals or solvents of any kind must be used. Second is that very little water is used. Of the water that is used, Burba says roughly 98% is recycled to use again. "When the water goes through the system it is clean water like drinking water and the solution that comes out is this high concentration lithium chloride solution with some impurities. The water is just recycled right back into our loop. We'll get about 10% to 14% lithium chloride solution. We would use a small evaporator to get the water out of it, boost it up to about 36% for shipment and then condense that water."
More traditional modes of lithium extraction — hard rock mining and evaporative mining — use "astronomical" amounts of water, and the water that is left over, Burba said, is filled with contaminants.
The plant at US Magnesium took a couple of months to set up. "Now we're in testing, we've commissioned it and are just entering startup. I'm anticipating it going full out in another 4 to 6 weeks. From the time we set the equipment down to having it up and operational was less than 6 months." Burba said the transportable plant is a fraction of the price of a traditional plant, and it can be moved afterward.
Next comes the Direct Lithium Extraction, and IBAT's patented processes. This is where it gets complicated and Burba's inner physical chemist professor comes out. The process is an absorption system "that uses a crystalline material that has very tiny holes within the structure of the compound and lithium can go into the holes — when you wash it in the water, it comes out in the water," Burba said. Lithium, which is the smallest metal ion in the periodic table, is the only thing that will fit in the holes.
Direct Lithium Extraction — or DLE — is not new or unique. It's the process of capturing lithium ions and separating those ions from the other — often nasty and dangerous stuff — they are in. Because brine is so toxic and so corrosive, the plants that distill the lithium are built near the source of the brine so it will not have to be transported. Remember that brine is so highly corrosive it is normally kept out of trucks and pipelines.
IBAT has developed a modular, transportable plant that can be set up on under two acres of stable soil, with no concrete foundations or dozens of construction workers or days off for bad weather. "A traditional plant will typically take 4 to 6 years to build," Burba said. "We built this plant in 10 months. If you roll engineering and procurement into it, you're probably 16 to 18 months, all in. Once we're really locked down on all our basic engineering, it will be less than a year. That is a huge time to market advantage."
It is somewhat ironic that lithium, now one of the world's most highly sought after minerals, is now being found in brine, a product once considered mostly worthless that is generally injected back into the ground to make it "go away."
Dr. John Burba
Dr. John Burba, founder and chief technology officer at International Battery Metals.
Courtesy International Battery Metals
For the past several months, Dr. Burba has been on and off in Salt Lake City, Utah at US Magnesium with 35 trucks driven from The Shaw Group's fabrication yard in Lake Charles. The Shaw Group and Burner Fire Control in Lafayette built a prototype that IBAT is now testing in Utah, a prototype that changes almost everything about the type of facility needed to extract lithium as well as the way it is extracted.
With all the competing press releases dropping on a weekly basis about "New!" "Better!" "Best!" lithium technology, being heard above that fray is a challenge. "We're a startup company, we're small, our balance sheet is pretty skimpy. It's new, and you get this 'How do I know this is really going to work?' I think what we're demonstrating with US Magnesium is going to be a giant lift for us." Burba believes it is the proverbial better mousetrap
The world's largest producer of lithium and a player in the north Louisiana/Arkansas Smackover Formation says that current lithium prices — which have fallen to a low not seen since 2021 — are "unsustainable" and cannot support spending on new plants, Bloomberg reported this week.
Officials with Albemarle Corp., which has a plant in Magnolia, Arkansas that is focused on the lithium play, made the comments at an industry conference in Las Vegas. But though current prices are down, Albemarle CEO Kent Masters said that long term growth for the "limited supply" of lithium — used in batteries that power the growing electric vehicle market worldwide — is "significant."
The timing of lower lithium prices and concern over the costs of traditional lithium plants could be a jump start for International Battery Metals, or IBAT, based in Houston, Texas.
Physical chemist Dr. John Burba is the the founder and chief technology officer for IBAT. His life has been a study of how and why chemical reactions work, and his focus for 40 years has been on lithium and salt water brine — a drilling by product that contains minerals and other far more environmentally hazardous contaminants such as salts, oil, and drilling injection water. Lithium has been found in quantity in Arkansas and Texas, and the same geological formation — called Smackover — extends into north Louisiana. Mineral consultant Skip Peel tells The Shreveport-Bossier City Advocate that the brine in the north Louisiana Smackover is not only caustic but also contains dangerous hydrogen sulfide.
That’s weird. When I went on Twitter it said the same thing but I was able to read the article but I didn’t try the audio. I assumed it was the same. Let me see if I can Copy article
https://twitter.com/i/redirect?url=https%3A%2F%2Ftwitter.com%2FMasonIsMyName%2Fstatus%2F1806727475671474637%3Fcxt%3DHBwWmoexlaLE5JIyAAAA%26cn%3DZmxleGlibGVfcmVjcw%253D%253D%26refsrc%3Demail&t=1+1719625512791&cn=ZmxleGlibGVfcmVjcw%3D%3D&sig=f0b35a09f047d538480ed311a1af18f336a01139&iid=094ab98c0ad14b77b585c9c8aa6d4193&uid=3257135525&nid=244+272699400
Interesting Article posted on Twitter.
What a joke. An analyst downgrade to 181.00 from 182.00. Lol. They are not looking at the Big picture of how Data centers and cloud and YouTube is creating growth. Ad rev during election cycle will be Very strong imo and search will Always dominate. They saying Google may lose market share with Ai search elsewhere. I say no way imo