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Jobs, jobs, jobs. You bet. This was a merger onto the NASDAQ the 5th of this month.
Another throw of dice coming up is ASTR Astra Space, Inc. They recently beat on Q3 and narrowed their losses. Space Force play maybe contract with Military if they can get their rocket launched out to space. 50/50 if it launches successfully and gets into orbit on their forth try the pps might shoot up like the rocket, or if they fail the pps will go down like the rocket also. I threw the dice on their LV0006 and one of the engines failed and it went sideways instead of up. The pps didn't go sideways.
Threw the dice again and entered last week for the LV0007 launch in Alaska just about two days and counting down (if it doesn't get rescheduled again).
Countdown and spaceport info
Alaska Aerospace
Car show tomorrow debuting their EVs MULN going to produce showing at the LA International Auto Show. They also just announced the finished sale purchasing the Tunica, Mississippi EV assembly plant free and clear says Mullen. Purchased this last week for $11-12.
You can check their EV trade here
https://www.mullenusa.com/
Los Angeles International Auto Show info Nov 19-28th
LAAUTOSHOW
I get those from my local Asian market, along with a treasure trove of info oddities from its owners. It's all in the seasoning for things.
Rarity of Celiac disease (which can be hereditary) has been somewhat a misnomer and a lot more common that most people realize. This is due to the decades or generations of the rarity in diagnosis and treatment (which is as simple as not eating wheat that sees results in a very short time). That's changing though, newer studies and opinions are moving the number up. True, death is very rare from the disease itself, but nutrient deficiencies are causes of so many other things that do cause death and at the very least lower quality of life, surgeries, medical emergencies, etc.
If you eat nothing but cheese pizza with no other toppings and nothing else, I will presume that direct death by pizza has got to be extremely rare, but you could die with cause listed on the certificate as a heart attack and/or suffer a multitude of major problems (and medical expense). Hunger in the world is more than just not enough food, a big percentage of that is not having enough nutrition or nutrients consumed (eating only one kind of grain, may be plenty of it, but lacks the nutritional needs), which in turn causes all the problems shown in the pictures of children that we see asking for help.
Celiac disease and gluten cause the lack of nutrient value in the foods you eat which in turn causes so much else. I have to surmise that the problem is much more common than we realize and not so rare as it is portrayed. But I digress.
Dreary hasn't anything over being poisoned by gluten and taking a stay at the hospital. True, the GF processed breads and pastas that are sold at the market are undesirable in taste over wheat, but they are getting better with taste and choices by far from a few years ago. Plus, I'm getting a lot better making my own pasta and breads. Grind my own millet, rice, amaranth, buckwheat, dried pea, on and on. It's just the matter of getting the mixture right. There are a few GF flours sold on the market that aren't too bad.
It takes a bit of time to overcome our lifetime of tastes of wheat, but it does happen. Celiac disease is one of most misdiagnosed diseases out there. It shows up for reasons of many other problems, way too many to list; other autoimmune diseases, MS, miscarriages, liver, heart, muscular, hearing, eyesight, diarrheic and flatulence, on and on. Sometimes takes decades in a person to have it's effects severe enough for a person to finally address it and when they do it usually gets misdiagnosed, with test after test and multitude of pharmaceutical solutions that don't address the underlining cause of nutrient deficiencies (effects of gluten poisoning).
Don't want be a downer to your new religion party, just make a sect for people like me.
Some other fun facts:
Lithium is the first metal you encounter on the periodic table.
Li-7 as a hydroxide is important in controlling the chemistry of PWR cooling systems.
Li-7 is a key component of fluoride coolant in molten salt reactors.
Li-6 is a source of tritium for nuclear fusion, through low-energy nuclear fission.
Lithium Basic Facts
Atomic Number: 3
Symbol: Li
Atomic Weight: [6.938; 6.997]
Reference: IUPAC 2009
Discovery: 1817, Arfvedson (Sweden)
Electron Configuration: [He]2s1
Word Origin Greek: lithos, stone
Element Classification: Alkali Metal
Lithium Properties
Lithium has a melting point of 180.54 C, a boiling point of 1342 C, a specific gravity of 0.534 (20 C), and a valence of 1. It is the lightest of the metals, with a density approximately half that of water. Under ordinary conditions, lithium is the least dense of the solid elements. It has the highest specific heat of any solid element. Metallic lithium is silvery in appearance. It reacts with water, but not as vigorously as does sodium. Lithium imparts a crimson color to flame, although the metal itself burns a bright white. Lithium is corrosive and requires special handling. Elemental lithium is extremely flammable.
Lithium Uses
Lithium is used in heat transfer applications. It is used as an alloying agent, in synthesizing organic compounds, and is added to glasses and ceramics. Its high electrochemical potential makes it useful for battery anodes. Lithium chloride and lithium bromide are highly hygroscopic, so they are used as drying agents. Lithium stearate is used as a high-temperature lubricant. Lithium has medical applications as well.
Lithium Sources
Lithium does not occur free in nature. It is found in small amounts in practically all igneous rocks and in the waters of mineral springs. The minerals that contain lithium include lepidolite, petalite, amblygonite, and spodumene. Lithium metal is produced electrolytically from the fused chloride.
Lithium Physical Data
Density (g/cc): 0.534
Appearance: soft, silvery-white metal
Isotopes: 8 isotopes [Li-4 to Li-11]. Li-6 (7.59% abundance) and Li-7 (92.41% abundance) are both stable.
Atomic Radius (pm): 155
Atomic Volume (cc/mol): 13.1
Covalent Radius (pm): 163
Ionic Radius: 68 (+1e)
Specific Heat (@20°C J/g mol): 3.489
Fusion Heat (kJ/mol): 2.89
Evaporation Heat (kJ/mol): 148
Debye Temperature (°K): 400.00
Pauling Negativity Number: 0.98
First Ionizing Energy (kJ/mol): 519.9
Oxidation States: 1
Lattice Structure: Body-Centered Cubic
Lattice Constant (Å): 3.490
Magnetic Ordering: paramagnetic
Electrical Resistivity (20°C): 92.8 nO·m
Thermal Conductivity (300 K): 84.8 W·m-1·K-1
Thermal Expansion (25°C): 46 µm·m-1·K-1
Speed of Sound (thin rod) (20°C): 6000 m/s
Young's Modulus: 4.9 GPa
Shear Modulus: 4.2 GPa
Bulk Modulus: 11 GPa
Mohs Hardness: 0.6
CAS Registry Number: 7439-93-2
Lithium Trivia
Lithium is used extensively in rechargeable battery technology.
Lithium is the only alkali metal that reacts with nitrogen.
Lithium burns red in a flame test.
Lithium was first discovered in the mineral petalite (LiAlSi4O10).
Lithium is used to create the hydrogen isotope tritium through bombardment of neutrons.
You know there will be some politicians pocket padding somewhere in there also, and already has been. Locals will take a back seat with green speak slime. I'm sure Piedmont has their ducks in a row to quack out, I'd be surprised if they don't succeed. I'm in that one too.
Ford at days long ago. Amazing the changes with the market then and now.
Former Ford Exec Joe Hinrichs Took Rivian Away From GM At Last Minute
By Brett Foote
November 15, 2021 7:12 am
Ford-backed upstart EV automaker Rivian has dominated the headlines over the past week or so after enjoying one of the largest IPOs in U.S. history. Ford’s investments in the company have thus far paid off big time, as the automaker’s stake in Rivian currently stands at around 12 percent, which is worth a whopping $12 billion. But as it turns out, Ford’s cross-town rival General Motors nearly beat it to the punch in terms of investing in the upstart company, but The Blue Oval ultimately managed to outmaneuver it in that regard, according to the Wall Street Journal.
This story dates all the way back to 2018, when Ford’s former president of global operations, Joe Hinrichs, first met with Rivian’s founder and CEO, R.J. Scaringe. Scaringe gave Hinrichs his sales pitch, taking him through the company’s design studio and outlining his vision on a whiteboard. He told Hinrichs that he envisioned obtaining support and backing from two different kinds of companies – a tech outfit and a major automaker that could help it navigate the complexities of engineering and manufacturing.
At the same time, Ford – which has long been keen to get into the electric vehicle business – saw Rivian as a way to learn from a startup and also borrow its innovative Skateboard platform for a future vehicle of its own. The timing wasn’t perfect, however, as Ford was under pressure from Wall Street after missing its earning targets, but Hinrichs assured Scaringe that the automaker was interested in a future partnership.
At the same time, GM was also interested in Rivian for the very same reasons as Ford. Just a few months later, Scaringe had spoken with GM Chief Executive Mary Barra and President Mark Reuss, while Amazon was also making its very first investment in the EV automaker. The retail giant’s interest in the company reignited Ford’s passion to get a deal done, and Executive Chairman Bill Ford Jr. had his own meeting with Scaring shortly thereafter.
When Hinrichs met with Scaringe once again, Rivian’s founder admitted that his company was already in late-stage talks with GM, to which Hinrichs replied “just because you got engaged to someone doesn’t mean you need to marry them.” Even though Scaringe was in the final steps of making a deal with GM, Rivian’s executives felt like the automaker’s terms could be more burdensome down the road, while Ford was a bit more flexible.
The two spend many hours hammering out a deal, which was announced back in April of 2019. Hinrich has since retired from The Blue Oval, but his persistence paid off big time for the automaker, which invested around $1.2 billion in total and has seen that investment pay off exponentially in the last week or so. Thus, even though Ford’s planned use of Rivian’s Skateboard platform hasn’t panned out yet, it still stands to profit heavily if it ever decides to sell off its stake in the company.
We’ll have more on Rivian and Ford’s relationship soon, so be sure and subscribe to Ford Authority for more Rivian news and 24/7 Ford news coverage.
RIVN hasn't slowed down yet. New highs over 154 ah. #4 most traded. Any projections on $200 or is that just moon talk? LOL
RIVN high so far 152.53
Getting a little slow on your typing? LOL That was a nice dip we had RIVN
RIVN Don't think so either. Sold about $148 ($30 up where I wondered what the heck I was doing buying so overpriced, so much for old way of thinking LOL), back in about 139.
It's your fault, your neg chart posting and you must be short and you're in cahoots with the MMs. LOL
It is creating a bit of volatility and short term trading ops. Long term (yr or more) I believe the trend will continue upward.
I suspect as with a lot of other mining (not just lithium) due a lot to the Covid Wars, that losses are expected and already priced in for the most part and any dip (in which I picked up a bunch of LAC so far at 32.66 US side) will be short lived. We'll see.
VANCOUVER, British Columbia, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) has reported unaudited financial and operating results for the third quarter ended September 30, 2021.
HIGHLIGHTS
Caucharí-Olaroz
Construction activities at Caucharí-Olaroz continue to advance, targeting first production by mid-2022 on the initial 40,000 tonnes per annum (“tpa”) lithium carbonate equivalent (“LCE”) operation.
As of September 30, 2021, $519 million has been spent or 81% of the $641 million budget, with the majority of remaining budget committed.
Over 1,200 workers are on site, with over 97% of the total workforce having received at least their first COVID-19 vaccine dose and over 60% have received two doses.
With all major equipment on site, focus is on construction of the chemical and processing plants.
In early October, commissioning of the lime plant started to lime concentrated brine to support production ramp up. The project has sufficient brine inventory to support production ramp up.
Development planning for a second stage expansion of at least 20,000 tpa LCE continues to advance.
Thacker Pass
In October 2021, Nevada Department of Environmental Protection made a preliminary determination to issue three remaining key state-level permits: Water Pollution Control Permit, Mine Reclamation Permit and Class II Air Permit. The Record of Decision appeal process remains on track with the hearing date set for Q1 2022.
Phase 1 of the Feasibility Study was increased to target 40,000 tpa lithium carbonate (from 30,000-35,000 tpa). A potential Phase 2 expansion scenario to target total capacity of 80,000 tpa is being incorporated.
Updated the Measured and Indicated (“M&I”) Resource estimate to 13.7 million tonnes (“Mt”) LCE at 2,231 parts per million lithium (“ppm Li”).
Early-works construction expected to commence in H1 2022, includes site access, site preparation, water line and additional infrastructure to condense and de-risk the overall construction schedule.
Discussions continue with potential strategic partners and customers.
An integrated pilot plant to support increased scale and ongoing optimization work and to provide product samples for potential customers is expected to be operational in the first half of 2022.
Corporate:
As at September 30, 2021, the Company had $482 million in cash and cash equivalents.
As at September 30, 2021, the Company had $134 million in available credit, with $146 million drawn from the $205 million senior credit facility and $25 million drawn from its $100 million unsecured, limited recourse, subordinated loan facility. This available credit is expected to fully fund the Company’s share of the remaining capital expenditure at Caucharí-Olaroz.
In July, the Company completed a strategic investment in Arena Minerals Inc. (TSX-V: AN) of $5 million for an approximate 12.9% equity interest (14.6% on a fully diluted basis).
In early September, the Company was approved as an IRMA (Initiative for Responsible Mining Assurance) Pending Member which means that the Company commits to have the proposed project audited against the new draft IRMA Ready Standard for exploration and development within 12 months of its availability for application.
In September, the Company was recognized on the TSX30 2021 as one of the top 30 performers on the TSX.
On October 1, 2021 Jose Francesconi joined the team and is responsible for overseeing projects and technical services in Argentina. Mr. Francesconi brings over thirty years of execution experience for large capital projects and was previously the Operations Director, Argentina for Worley, and the Associate Engineering Director of Dow Engineering.
On November 1, the Company submitted an unconditional offer to acquire all outstanding shares of Millennial Lithium Corp. (“Millennial”) at a price of C$4.70 per share, payable in Lithium Americas common shares and cash of C$0.001 per Millennial share for total consideration of approximately US$400 million.
TECHNICAL INFORMATION
The Technical Information in this news release has been reviewed and approved by Rene LeBlanc, PhD, SME, Chief Technical Officer of Lithium Americas, and a Qualified Person as defined by National Instrument 43-101.
FINANCIAL RESULTS
Selected consolidated financial information is presented as follows:
(in US$ million except per share information) Quarter ended September 30,
2021 2020
$ $
Expenses (16.6 ) (5.7 )
Net loss (17.2 ) (6.5 )
(Loss)/income per share – basic (0.14 ) 0.07
(in US$ million) As at September 30, 2021 As at December 31, 2020
$ $
Cash and cash equivalents 482.1 148.1
Total assets 716.2 326.7
Total long-term liabilities (180.3 ) (127.3 )
During the nine months ended September 30, 2021, total assets and cash increased primarily due to the $377.4 million net proceeds raised from the underwritten public offering of common stock, partially offset by expenditures in the period. Total long-term liabilities increased primarily as a result of drawdowns on the Company’s senior credit facility of $50.1 million.
The higher net loss in Q3 2021 compared to Q3 2020 is primarily attributable to higher Thacker Pass expenditures.
Click here to view the Company’s third quarter results for 2021.
About Lithium Americas:
Lithium Americas is a development-stage company focused on advancing to production a lithium brine operation in Jujuy, Argentina and a sedimentary lithium clay project in Nevada, United States. The Company trades on both the Toronto Stock Exchange and on the New York Stock Exchange, under the ticker symbol “LAC”.
For further information contact:
Investor Relations
Telephone: 778-656-5820
Email: ir@lithiumamericas.com
Website: www.lithiumamericas.com
FORWARD-LOOKING STATEMENTS
This news release contains “forward-looking information” and “forward-looking statements” (which we refer to collectively as forward-looking information) under the provisions of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking information. Examples of forward-looking information in this news release include, among other things, statements related to: successful development of the Caucharí-Olaroz project and the Thacker Pass project, including timing, progress, construction, milestones, anticipated production and results thereof; expectations and anticipated impact of COVID-19 on the Company and its mineral properties; capital expenditures and programs, and the Company’s ability to fund such programs; government regulation of mining operations and treatment under governmental and taxation regimes; the timing, amount and type of future production; the estimated amount and grade of mineral resources for the Thacker Pass project; expected outcome and timing of environmental surveys and analysis, permit applications and other environmental matters; expected environmental impact of the project, and quality of the technology utilized to minimize such impact; expected timing and outcome of litigation concerning the Thacker Pass project; expected expenditures to be made by the Company on its properties; the timing, cost, quantity, capacity, product quality of production and sufficiency of brine inventory of the Caucharí-Olaroz project, which is held and operated through an entity in Argentina co-owned by the Company, Ganfeng Lithium Co. Ltd. (“Ganfeng”) and Jujuy Energia y Mineria Sociedad del Estado (JEMSE); successful operation of the Caucharí-Olaroz project under the co-ownership structure, and expectations concerning proposed expansion plans for the project; results of the Company’s engineering, design and permitting program at the Thacker Pass project, including the Company meeting deadlines and receiving and maintaining permits as anticipated; timing, results and completion of a feasibility study and to make a construction decision for the Thacker Pass project; the Company’s share of the expected capital expenditures for the construction of the Caucharí-Olaroz project; Company expectations as to feasibility study activities at the Thacker Pass project, including timing for pilot plant operations and expectations concerning the outcome of such operations; the timing and extent of early works construction for the Thacker Pass project; the potential for partnership and financing scenarios for the Thacker Pass project; expected benefits of the Arena Minerals investment; and expectations concerning the offer to Millennial.
Forward-looking information is based upon a number of factors and assumptions that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements expressed or implied by such information. Such information reflects the Company’s current views with respect to future events and is necessarily based upon a number of assumptions that, while considered reasonable by the Company today, are inherently subject to significant uncertainties and contingencies. These assumptions include, among others, the following: current technological trends; a cordial business relationship between the Company and Ganfeng for the Caucharí-Olaroz project; ability of the Company to fund, advance and develop the Caucharí-Olaroz project and the Thacker Pass project, and raise additional capital as needed, and the respective impacts of the projects when production commences; the Company’s ability to operate in a safe and effective manner; uncertainties relating to receiving and maintaining mining, exploration, environmental and other permits or approvals in Nevada and Argentina, and resolving any complaints or litigation concerning such environmental permitting processes; realizing on the expected benefits from previous transactions with existing or new partners, or for debt financing; demand for lithium, including that such demand is supported by growth in the electric vehicle market; the Company’s ability to produce high purity battery grade lithium products; the impact of increasing competition in the lithium business, and LAC’s competitive position in the industry; currency exchange and interest rates; general economic conditions; a stable and supportive legislative, regulatory and community environment in the jurisdictions where the Company operates; stability and inflation of the Argentinian peso, including any foreign exchange or capital controls which may be enacted in respect thereof, and the effect of current or any additional regulations on the Company’s operations; the impact of unknown financial contingencies, including litigation costs, on the Company’s operations; gains or losses, in each case, if any, from short-term investments in Argentine bonds and equities; estimates of and unpredictable changes to the market prices for lithium products; exploration, development and construction costs for the Caucharí-Olaroz project and the Thacker Pass project; the timing, cost, quantity, capacity and product quality of production at the Thacker Pass project; successful results from the Company’s testing facility and third-party tests related thereto for the Thacker Pass project; capital costs, operating costs, and sustaining capital requirements of the Caucharí-Olaroz project and the Thacker Pass project; technological advancements and changes; estimates of mineral resources and mineral reserves, including whether mineral resources will ever be developed into mineral reserves; reliability of technical data; anticipated timing and results of exploration, development and construction activities, including the impact of COVID-19 on such timing; timely responses from governmental agencies responsible for reviewing and considering the Company’s permitting activities at the Thacker Pass project; the Company’s ability to obtain additional financing, including pursuant to an additional debt funding commitment, on satisfactory terms or at all; the ability to develop and achieve production at any of the Company’s mineral exploration and development properties; the impact of COVID-19 on the Company’s business; that pending patent applications are approved; the Company’s anticipated ownership interest in holdings of shares, warrants and other securities issued by third parties; accuracy of development budget and construction estimates; preparation of a development plan and feasibility study for lithium production at the Thacker Pass project; CATL not exercising the Match Right under the CATL Agreement; the performance of the Company’s shares through to completion of the transactions contemplated by the Offer being stable; the approval of Millennial shareholders of the transaction; changes to the Company’s current and future business plans and the strategic alternatives available to the Company; favourable treatment of the transaction under applicable anti-competition laws; and stock market conditions generally.
Forward-looking information also involves known and unknown risks that may cause actual results to differ materially. These risks include, among others, inherent risks in the development of capital intensive mineral projects (including as co-owners), variations in mineral resources and mineral reserves, global demand for lithium, recovery rates and lithium pricing, risks associated with successfully securing adequate financing, changes in project parameters and funding thereof, risks related to growth of lithium markets and pricing for products thereof, changes in legislation, governmental or community policy, changes in public perception concerning mining projects generally, political risk associated with foreign operations, permitting risk, including receipt of new permits and maintenance of existing permits, outcomes of litigation concerning the Company’s mineral properties, title and access risk, cost overruns, unpredictable weather and maintenance of natural resources, unanticipated delays, intellectual property risks, currency and interest rate fluctuations, operational risks, health and safety risks, and general market and industry conditions. Additional risks, assumptions and other factors are set out in the Company’s most recent annual management discussion analysis and annual information form, copies of which are available under the Company’s profile on SEDAR at www.sedar.com and on the SEC website at www.sec.gov.
Although the Company has attempted to identify important risks and assumptions, given the inherent uncertainties in such forward-looking information, there may be other factors that cause results to differ materially. Forward-looking information is made as of the date hereof and the Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. Accordingly, readers are cautioned not to place undue reliance on such forward-looking information.
https://www.globenewswire.com/news-release/2021/11/15/2334135/0/en/Lithium-Americas-Reports-Third-Quarter-2021-Results.html
Piedmont Lithium Public Hearing for State Permit and Update
https://deq.nc.gov/news/press-releases/2021/11/08/reminder-public-hearings-scheduled-piedmont-lithium-carolinas-mining-application
https://www.catawbariverkeeper.org/2021/11/12/piedmont-lithium-public-hearing-for-state-permit-and-update/
NC DEQ is holding a public information session and hearing on Monday, Nov 15th at the Gaston County Courthouse. There will be a virtual overflow hearing on Wednesday, November 18th. Speakers must register by noon on the 15th. Written comments will be accepted through Nov 26th. Details can be found in the press release.
Background
Piedmont Lithium is planning an open-pit lithium mine project northwest of Gastonia near the Lincoln County border. The site is located on the Carolina Tin-Spodumene Belt, the largest hard rock lithium deposit in the United States. The increased demand for lithium in electric vehicles has made local extraction economically attractive for the first time since the 1980s.
Environmental Impacts
Surface Waters
In their 2019 federally approved site plan, Piedmont Lithium is permitted to fill 1,481 linear feet of perennial tributary, 4,904.5 linear feet of intermittent tributary, 0.18 acre of wetlands, 0.16 acre of impoundments, and 7.46 acres of indirect wetland impacts. The permit includes alternative project sites and pit locations. The approved plan is designed to minimize impacts to federally regulated surface waters and avoid the 100yr floodplain.
Groundwater
Because much of the ore is below the water table, Piedmont Lithium will be pumping groundwater out of the mining pits. This will lower the adjacent groundwater and is expected to dewater streams, wetlands, and nearby property wells. Groundwater levels will be monitored with a system of wells. Piedmont Lithium plans to mitigate this by providing deeper wells or alternative water for neighbors (as needed) and discharging wastewater back into the surface waters to mimic pre-mining flows.
Discharges
The site will generate mining wastewater and stormwater runoff. Both types of discharges will likely be regulated under the general permit NCG02 which covers most types of mining. Piedmont Lithium has applied to the state for this permit. The general mining permit includes design, treatment, monitoring, and reporting requirements. The permit requirements were updated in 2020.
Other Impacts
Catawba Riverkeeper recognizes that the project will have impacts outside the scope of our expertise as a watershed advocate. Other negative externalities such as dust, traffic, and noise may impact adjacent properties. The project may also create benefits such as jobs, tax revenue, and local production of batteries for electric vehicles.
Permitting
To begin their mining operation Piedmont Lithium must have a Federal 401/404 permit, a North Carolina Mining Permit, Gaston County rezoning, and a Gaston County Special Use Permit. They secured their federal permit to alter surface waters in 2019.
In August of 2021, the company submitted its application to the state for a permit. Due to public interest, and at the request of groups such as Catawba Riverkeeper, the State agreed to schedule a public information session and hearing. This is an opportunity for concerned citizens to formally submit their comments to the state before they approve, modify, or reject the permit. We anticipate the state will likely approve the permit with modifications from the hearing. The State’s decision will likely take several months. Written comments are due by November 26th.
The parcels under consideration for mining are currently zoned residential and would need to be rezoned by the county to industrial for mining to occur. Should the County Commissioners decide to approve this project, we would recommend only doing so with additional protections for the environment. We encourage Piedmont Lithium to seek a Conditional Use Rezoning rather than an unrestricted land-use intensification to Industrial (I-3). The conditional use process will allow the county officials, public, and advocates to include additional protections for the community and environment. Gaston County Commissioners have said they will not consider rezoning until Piedmont Lithium secures their State permit.
Catawba Riverkeeper Recommendations
Due to the direct impacts to surface waters via topographic change and indirect impacts from increased impervious surface, Catawba Riverkeeper does not support large construction projects on undeveloped land. However, in addition to the rights of landowners, we recognize that our area’s population is growing and will need more homes, parking lots, landfills, etc. When development is necessary and/or unavoidable we advocate for minimal disturbed area, localized mitigation, transparent monitoring, and the application of low impact designs.
After reviewing the State’s draft permit, Catawba Riverkeeper recommends increasing the minimum stream buffers, mandating the requested NCWRC crayfish study, and providing additional details on the reclamation and mitigation plans. We will be speaking at the hearing and submitting public comments.
Posted in Carousel, Pollution, Protection, StormwaterTagged Permitting, Piedmont Lithium
Any comments on the filing.
https://www.globenewswire.com/news-release/2021/11/13/2333690/0/en/Standard-Lithium-Provides-Update-on-Annual-Filings.html
VANCOUVER, British Columbia, Nov. 12, 2021 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLI) (NYSE American: SLI) (FRA: S5L), an innovative technology and lithium project development company, advises that its audited consolidated financial statements for the fiscal year ended June 30, 2021, included in the Company’s Annual Report on Form 40-F, as amended, contains an audit opinion from its independent registered public accounting firm that includes an explanatory paragraph related to the Company’s ability to continue as a going concern. Release of this information is pursuant to the disclosure requirements of the NYSE American Company Guidelines Sections 401(h) and 610(b). It does not represent any change or amendment to any of the Company’s filings for the fiscal year ended June 30, 2021.
Paragraph from the filing
https://www.sec.gov/ix?doc=/Archives/edgar/data/1537137/000117184321007873/exh_991.htm
The condensed consolidated interim financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”) on a going concern basis, which presume the realization of assets and discharge of liabilities in the normal course of business for the foreseeable future. The Company has no sources of revenue and as at September 30, 2021 had an accumulated deficit of $77,976,495 (June 30, 2021 - $68,617,507). These matters raise significant doubt regarding the Company’s ability to continue as a going concern. The Company’s ability to continue as a going concern is dependent upon its ability to raise equity financings. These condensed consolidated interim financial statements do not include any adjustments to the amounts and classification of assets and liabilities that might be necessary should the Company be unable to continue in business.
It's a meme stock now, tears (both up and down) are inevitable.
There is always spin to deal with from any political figure, CEO, sports, even the person down the street who puts in a resume for a job. That's life and generally accepted. Most people have the cognitive abilities to analyze, decipher, pullout actual estimations of what's factual, fiction, and what's total fraud. It's just takes time and diligence, leaving the emotional aspects aside. Lot easier said than done and somewhat against human nature, but can still be done to make ones opinions and decisions especially in investing.
With that said, a lot of talk about the EV effect on supply and demand of lithium. Although it's not the determining factor, it is a major influence with the demand. A fact check opinion with charging stations for the EV wave with this article below. But even with the worst "half" and best "in the ballpark", with $7.5B into charging stations as this author writes, will become and is a "major event" and major shift from the way industry is working today. This of course is only one factor among many that will put demands on the limited supply of lithium (and other chemicals and minerals), we have not seen previously in our history.
https://www.usnews.com/news/politics/articles/2021-11-07/ap-fact-check-biden-hypes-1t-bill-impact-on-electric-cars
By HOPE YEN, Associated Press
WASHINGTON (AP) — Boasting about his $1 trillion infrastructure package, President Joe Biden overstated its reach by claiming it would result in 500,000 electric vehicle charging stations and meet his pledge to nudge half of U.S. drivers into EVs by decade’s end.
The measure receiving final congressional passage late Friday cuts in half the money that Biden had said was needed for the charging stations. Money could start flowing to the states within a month after the bill is signed, although construction can't begin until the Transportation Department approves their spending plans.
While a step forward, automakers have made clear they won't meet White House targets that half of all new car sales be electric by 2030 based on federal investment in that legislation alone.
A look at the claims vs. the facts:
BIDEN: “We’re going to build out the first-ever national network of charging stations all across the country — over 500,000 of them. ... So, you’ll be able to go across the whole darn country, from East Coast to West Coast, just like you’d stop at a gas station now. These charging stations will be available.” — remarks Saturday.
THE FACTS: Not so much.
The legislation, which awaits Biden’s signature, provides $7.5 billion in federal grants to build a national network of charging stations. That’s less than the $15 billion originally cited by Biden to pay for the half a million charging stations he promised during the presidential campaign.
Analysts say the money is a good start but isn’t enough to spur widespread electric vehicle adoption.
The International Council on Clean Transportation, a research group, for instance, says the United States would need 2.4 million electric vehicle charging stations by 2030 if about 36% of new car sales were electric. In 2020, there were about 216,000.
New chargers should be located based on models that predict where they will be needed, such as along travel corridors for people going long distances, as well as in areas where people spend lots of time, such as hotels, apartment building parking lots and even along public streets, says Jessika Trancik, a professor at the Massachusetts Institute of Technology who studies EV charging.
Direct current fast chargers, which can charge a car up to 80% of its battery capacity in 20 to 45 minutes, are quite expensive, costing $40,000 to $100,000. So those should be placed where people need to charge quickly and get back on the road.
Chargers that run on 240-volt electricity similar to what powers a clothes dryer are far cheaper, around $2,000. But they take around eight hours to fully recharge a car, which won’t be as feasible along a highway.
The White House has acknowledged the infrastructure bill alone will not be enough and has said it will use “all the tools and resources available” to cover Biden’s half-million target, such as with existing loan and investment programs at the Energy and Transportation departments.
But striving toward a goal is not the same as a promise that Biden reaffirmed Saturday.
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BIDEN: “Auto companies made a commitment they were going to make 50% of vehicles electric by 2030.” — remarks Saturday.
JENNIFER GRANHOLM, secretary of energy: “The auto industry itself has said that they want half of their fleet to be electric, new vehicles sold by 2030.” — interview Sunday on CNN’s “State of the Union.”
THE FACTS: That’s overstating it.
While Biden in August did sign an executive order setting the nonbinding target, major automakers actually only agreed to a goal of 40% to 50% of new car sales being electric, depending on the amount of federal investment.
The automakers including the “Big Three” — Ford, General Motors and Stellantis, formerly Fiat Chrysler — say a substantial shift to EVs by 2030 can only happen with incentives for electric vehicle purchases, adequate government funding for charging stations and money to expand electric vehicle manufacturing and the parts supply chain.
While the infrastructure bill provides for EV charging stations, automakers are also banking on passage of a $2 trillion, Democrat-only spending bill that was put on hold Friday in the House as progressives and centrists work out issues over cost. That measure also is expected to face changes in the Senate.
The spending bill would provide up to $12,500 in credits to consumers off the price of an electric vehicle, including $4,500 if the vehicle is made at a unionized factory such as General Motors and Ford. That provision has drawn protests from Tesla and non-domestic automakers like Toyota and Honda, which produce many of their cars in the U.S. but have workforces not represented by a union, saying it will make it harder for them to sell EV vehicles.
Only 2.2% of new vehicle sales were fully electric vehicles through June, according to Edmunds.com estimates. That’s up from 1.4% at the same time last year.
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BIDEN: “They’ll see the effects of the bill — this bill — probably starting within the next two to three months. As we get things — shovels in grounds and — in the ground — and people being told they’re going to be working doing the following things. And things are going to move. It is a bill that’s paid out over a number of years.”
THE FACTS: He's in the ballpark.
Once the bill is signed into law, for instance, about $1 billion — the first year of $5 billion of the $7.5 billion in EV funding over five years — is to be distributed right away to states based on a federal formula, which should happen within two to four weeks, said Jeff Davis, a senior fellow at the Eno Center for Transportation.
Still, under the legislation, states won’t be able to spend the money until the Transportation Department sets out its criteria for EV buildout plans and approves plans submitted by states — a process that could take up to six months.
According to that Federal Highway Administration formula, larger states will be the big winners of the $5 billion federal payout. Texas would get $407 million, California would get $383 million, Florida $198 million, New York $175 million, and Illinois $148 million. In contrast, Vermont’s allocation is $21 million, and Puerto Rico’s $13 million.
Separately, there is a $2.5 billion competitive grant program over five years that will give the federal government discretion to award money based on strategic needs in building out an EV network. The first of that money could take up to a year to be distributed as the program is set up.
“We want to fill that out, so rural areas, poorer areas have access to the (electric) fuel that’s necessary,” Granholm said Sunday.
Davis said in terms of infrastructure projects more broadly, “starting in April 2022 or so, you will begin seeing many, many formal announcements of significant new grant announcements selected by the transportation secretary from a pool of competitive applicants — highways, transit, railroad, port, airport, gas pipeline, etc.."
“Most of these won’t be able to break ground immediately, but those are signs of progress,” he said.
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EDITOR'S NOTE — A look at the veracity of claims by political figures.
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Find AP Fact Checks at http://apnews.com/APFactCheck
Lithium Market Size, Share & Trends Analysis Report By Product (Carbonate, Hydroxide), By Application (Automotive, Consumer Goods, Grid Storage), By Region, And Segment Forecasts, 2021 - 2028
Published Date: Nov, 2021Base Year for Estimate: 2020Report ID: GVR-4-68038-581-6Format: Electronic (PDF)Historical Data: 2017 - 2019Number of Pages: 116
https://www.grandviewresearch.com/industry-analysis/lithium-market
Report Overview
The global lithium market size was valued at USD 2.7 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 14.8% from 2021 to 2028. Electrification of vehicles is projected to attract a significant volume of lithium-ion batteries, thus anticipated to drive the market over the forecast period. The automotive application segment is expected to witness substantial growth over the forecast period, driven by stringent regulations for ICE automakers imposed by government bodies to reduce carbon dioxide emissions from vehicles. This has shifted the interest of automakers toward producing EVs, which is anticipated to benefit the demand for lithium and related products. Government subsidies for EVs, along with investments in this space, are likely to act as an additional booster to the growth of the market.
U.S. lithium market, by product, 2018 - 2028 (USD Million)
To learn more about this report, request a free sample copy
The U.S. holds major significance in battery production after China, which makes it one of the key lithium-consuming countries in the world. The country has huge reserves of lithium. According to the USGS, lithium resources from brines and minerals account for 7.9 million tons in the U.S., as of 2020. However, the country mines only about 1.0% of lithium used in the world.
In 2020, lithium production took place at only one location in the U.S., which is a brine operation in Nevada. However, the country is expected to boost its mining capabilities in the industry over the coming years. The market players in the U.S. are focusing on getting a hold on the battery supply chain owing to the increasing production of EVs in the country and transportation of batteries is dangerous.
In 2018, the Interior Department listed lithium as a critical mineral, which paced up the mine permitting process. In January 2021, the bureau of land management approved the Thacker Pass Mine proposed by Lithium Nevada Corporation. The mine is believed to serve as the largest source of lithium supply in the U.S. and is expected to be able to produce about 60 kilotons of battery-grade lithium carbonate by 2026.
Product Insights
The carbonate product segment dominated the market and accounted for the largest share of over 58.0% in 2020, in terms of volume. Lithium carbonate (Li2CO3) is the most stable inorganic compound and is used in forming other compounds, such as Lithium Hydroxide (LiOH) and even pure metal. Lithium associated with carbonates forms salts and is also used in the treatment of bipolar disorder. This compound is also used in lithium-ion batteries and has several applications in the construction sector for waterproofing slurries and as adhesives.
LiOH is a white hygroscopic crystalline material and an inorganic compound mostly used by lithium-ion battery manufacturers; it is commercially available as anhydrous and monohydrate. It has usage in transportation applications in the manufacturing of submarines and spacecraft. In addition, rapid development in battery technologies is propelling the demand for LiOH, thus, driving the market.
Many automotive players are inclined to adopt LiOH for battery manufacturing, which is expected to benefit market growth positively. For instance, BMW Group signed an agreement with Ganfeng Lithium, a lithium extracting company in China, for supplying LiOH for battery cells owing to the rising penetration of EVs. Rising awareness toward eco-friendly vehicles is driving the demand for EVs on account of which, BMW has planned to introduce 25 electrified models with lithium-ion batteries.
Biden's speech recorded for anyone caring to see it. Decent speech, very professional, and somewhat encouraging. Given, what ever is said in the political world, needs to always to taken with some salt, and real tangible results is what should be judged on. There is no denying though, that the money and focus going to our infrastructure, science, jobs, and attempting to solve real problems that we are having today is extraordinarily more than in decades of policies.
Worth the time for a watch/listen.
President Biden
@POTUS
Tune in as I deliver remarks on how the Bipartisan Infrastructure Deal will upgrade our nation’s ports and strengthen supply chains to prevent disruptions.
https://twitter.com/i/broadcasts/1PlKQaBqrBnKE
Biden's speech recorded for anyone caring to see it. Decent speech, very professional, and somewhat encouraging. Given, what ever is said in the political world, needs to always to taken with some salt, and real tangible results is what should be judged on. There is no denying though, that the money and focus going to our infrastructure, science, jobs, and attempting to solve real problems that we are having today is extraordinarily more than in decades of policies.
Worth the time for a watch/listen.
President Biden
@POTUS
Tune in as I deliver remarks on how the Bipartisan Infrastructure Deal will upgrade our nation’s ports and strengthen supply chains to prevent disruptions.
https://twitter.com/i/broadcasts/1PlKQaBqrBnKE
Biden's speech recorded for anyone caring to see it. Decent speech, very professional, and somewhat encouraging. Given, what ever is said in the political world, needs to always to taken with some salt, and real tangible results is what should be judged on. There is no denying though, that the money and focus going to our infrastructure, science, jobs, and attempting to solve real problems that we are having today is extraordinarily more than in decades of policies.
Worth the time for a watch/listen.
President Biden
@POTUS
Tune in as I deliver remarks on how the Bipartisan Infrastructure Deal will upgrade our nation’s ports and strengthen supply chains to prevent disruptions.
https://twitter.com/i/broadcasts/1PlKQaBqrBnKE
Hate it when that happens. LOL What made it spike, just P&D or what?
Checking out some metals recycling stocks. Did you happen to look at the report summary for recycling companies I posted on the LAC board. Anything from the list of companies covered that pokes out to you (or anybody else not listed there)? Metal recycling companies have been beat down by the Covid Wars and projected to be in demand (and profits) moving forward. Good place to buy in somewhere.
Research report on Li-I recycling. Expect increase of about 20% CAGR going forward. Just reiterations of supply and demand ratios for Lithium. A lot of demand vs limited supply.
"Limited Availability of Lithium Is Driving Market Growth"
https://www.businesswire.com/news/home/20211109006111/en/Worldwide-Lithium-Ion-Battery-Recycling-Industry-to-2030---Featuring-American-Manganese-Li-Cycle-and-Umicore-Among-Others---ResearchAndMarkets.com
Worldwide Lithium-Ion Battery Recycling Industry to 2030 - Featuring American Manganese, Li-Cycle and Umicore Among Others - ResearchAndMarkets.com
November 09, 2021 09:41 AM Eastern Standard Time
DUBLIN--(BUSINESS WIRE)--The "Lithium-Ion Battery Recycling Market Research Report: By Battery Type, End User - Global Industry Analysis and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
“Lithium-Ion Battery Recycling Market Research Report: By Battery Type, End User - Global Industry Analysis and Growth Forecast to 2030”
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The global lithium-ion battery recycling market was valued at $161.4 million in 2020, and it is expected to grow at a CAGR of 19.9% during 2020-2030.
Companies Mentioned
ACCUREC-Recycling GmbH
American Manganese Inc.
Li-Cycle Corp.
Neometals Ltd.
Batrec Industrie AG
RECUPYL S.A.S.
Retriev Technologies
Umicore Group
Hunan Brunp Recycling Technology Co. Ltd.
Ganfeng Lithium Co. Ltd.
The major factors driving the growth of the market are the limited availability of lithium, and rapidly increasing demand for electric vehicles.
The COVID-19 pandemic has a significant negative impact on the market for lithium-ion battery recycling, majorly attributable to the shutdown of recycling facilities, in compliance with government regulations, to contain the disease, particularly, in 2020. In addition, due to the pandemic, several industrial operations were suspended, which has mainly impacted automobile manufacturing owing to the smaller workforce. This in turn, have led to the huge reduction in the demand for lithium-ion battery recycling solutions.
LCO Dominated The Market For Lithium-Ion Batteries In 2020
The lithium-cobalt (LCO) battery category accounted for the largest value share in 2020 in the lithium-ion battery recycling market, based on battery type. The category is further projected to continue dominating the market during the forecast period. This can majorly be ascribed to the high energy density associated with LCO batteries, which makes them suitable for portable electronic devices, such as laptops, mobile phones, and tablets. In addition, recycled LCO batteries have a high discharge voltage, owing to which they are preferred for a wide range of applications.
Automotive Industry Accounted for Largest Market Share in 2020
The automotive category accounted for the largest market share, in terms of value, in 2020, and it is expected to demonstrate the fastest growth during the forecast period as well, on the basis of end user. This growth can majorly be attributed to the increasing adoption of electric vehicles across the globe. In addition, the limited reserves of lithium are encouraging the recycling of lithium-ion batteries for further use. With the rising demand for electric vehicles, the demand for recycled lithium-ion batteries is expected to witness an increase in the automotive sector.
Asia-Pacific (APAC) Is Expected To Retain Its Top Position during Forecast Period
APAC led the global lithium-ion battery recycling market in 2020, and it is expected to remain the largest market during the forecast period. This is credited to the rising adoption of electric vehicles; thus, in order to meet the demand for lithium-ion batteries in the automotive sector, automotive manufacturers are looking at procuring batteries with recycled materials. In addition, the rising awareness on the environmental benefits of electric vehicles in the developing countries of the region is expected to boost the demand for recycled lithium-ion batteries in the near future.
Limited Availability of Lithium Is Driving Market Growth
The increasing usage of lithium in industries has led to a rise in the concerns over its limited availability for future applications. The mining of lithium has a negative environmental impact, which includes water pollution due to chemical leakage. As a result, the recycling of lithium-ion batteries has gained traction in recent times. Moreover, recycling helps manufacturers ensure a sufficient quantity of lithium for further usage in battery and other applications. Thus, the limited availability of lithium is a major driver for the growth of the lithium-ion battery recycling market.
Key Topics Covered:
Chapter 1. Research Background
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Introduction
4.1 Definition of Market Segments
4.2 Market Dynamics
4.2.1 Drivers
4.2.1.1 Limited availability of lithium
4.2.1.2 Rapidly increasing demand for electric vehicles
4.2.1.3 Impact analysis of drivers on market forecast
4.2.2 Restraints
4.2.2.1 Environmental impact of recycling lithium-ion batteries
4.2.2.2 Impact analysis of restraints on market forecast
4.2.3 Opportunities
4.2.3.1 Development in the electrical & electronics sector
4.3 Impact of COVID-19 on Lithium-Ion Battery Recycling Market
Chapter 5. Global Market Size and Forecast
Chapter 6. North America Market Size and Forecast
Chapter 7. Europe Market Size and Forecast
Chapter 8. APAC Market Size and Forecast
Chapter 9. RoW Market Size and Forecast
Chapter 10. Major Markets
10.1 China
10.2 U.S.
10.3 South Korea
10.4 Japan
10.5 Germany
Chapter 11. Competitive Landscape
11.1 List of Key Players
11.2 List of Other Players
11.3 Competitive Benchmarking
11.4 Global Strategic Developments in the Market
11.4.1 Mergers and Acquisitions
11.4.2 Partnerships
11.4.3 Facility Expansions
11.4.4 Other Developments
Chapter 12. Company Profiles
Chapter 13. Appendix
I agree. These guys are serious miners, not just some otc stock that just sells shares for profit. They are in the business to make profit from mining, and their focus I believe with be just that and profitability will continue to improve with Cauchari. I'm just looking at this thing at least 6 months out to see the results of things they have been doing and are doing now. Like you stated, the complexities, not just with the mining, but the the whole environment in which the world is in right now eliminate any short term solutions and fixes.
Nobody can be right or make the right decisions 100% of the time, and we have the right to disagree or question their decisions, but if 80% of the time the results turn out positive in the long run, I'm good with that.
I'm also good with having a channel to play in to satisfy the flipper in me LOL. You probably have some profit takers in this area, I sold a few yesterday near the top and just replaced plus a few more at 33.75 and then sold those few more for $1 and reduced my average even more on that little bounce. The majority by far I've kept through solid and always replaced any. But I've had to buy back in for more doing that in the past, there is always that risk, but overall I've had mostly positive trades and have built on my core positions. There is also a tiny gap at 29.47 that is close enough to take care of, who knows if or when that might happen. But I think we are developing a good support around here and somewhere above $30. We'll see.
I'm on the other team man. IMO, if I told him not to buy the reserves that LAC is bidding on, I would look stupid (not that the CEO would listen to me anyway) My expectations of when good revenue will be coming in and the corresponding pps is probably not the same as yours. Cramer is just another shill as far as I'm concerned, off and on in the past 10 yrs I've made more betting against him, he is just noise to me now that I tune out. But that's just me, people can follow him to their heart's content.
As I said before, a lot of gaps in a lot of different places will take a major correction to fill, not having so much to do with any individual co., but with the general irrational exuberance of the market and delayed effects of the Covid Wars. Also, recently in the past year, there has been more and more gaps that NEVER fill and won't. Gaps don't have to fill, depends a bit on what caused them (look into differences of kinds of gaps), but has been especially true in the last yr (seems like some of the gap rules have changed a little).
What degree of correction that we're looking at is anybody's guess. And of course exactly when. One can sell LAC at this level and probably take profit unless they were trading on the wrong side or not trading at all and just pulled the trigger too soon on their position. If one doesn't agree with the direction that LAC is taking, I would suggest that to find something else that is a better fit for them.
But I'm staying in, and probably getting heavier with any correction. I would reevaluate if any land deal DOESN'T turn out, and they only stay with what LAC has now.
One has to consider how big of pie does Lithium Americas grow to? That's where the rub is. Nice percentage of pie for Millennial, but percentage of what at what point?
ALZN That's where the real meaning of "riding on free shares" comes from. LOL
Also, the key word to note is outstanding, there can be non voting shares that are also outstanding. Say a company gives employees shares of stock but they aren't voting shares for obvious reasons, but can be sold on the open market at any time, so they have to counted in the value of outstanding share count.
I transposed some other numbers, sorry about that. I already caught it and edited it to the correct number to the one I already had stated and was being discussed. The main info was the calculations and descriptions posted.
Broker has BKKT listed with 50m outstanding shares from the SEC filings.
Outstanding shares are:
Not to be confused with authorized shares, outstanding shares refer to the number of stocks that a company has issued. This number represents all the shares that can be bought and sold by the public, as well as all the restricted shares that require special permission before being transacted.
Market Cap:
Market Capitalization vs. Equity: An Overview
Two of the most common ways of assessing a company's value are market capitalization and equity (also known as shareholder equity). Each term describes a different way of looking at a company's value. It is helpful to consider both to get the most accurate picture of a company's worth.
Market Capitalization
Market capitalization is the total dollar value of all outstanding shares of a company. It is calculated by multiplying the current share price by the number of outstanding shares.
Market analysts commonly use this figure to designate a company's size, as many stock market indexes are weighted by market capitalization. Because market capitalization is dependent on share price, it can fluctuate greatly from month to month, or even from day-to-day.
Market Cap of BKKT $1.6B
The OTC is not a good place for data with Exchange traded stocks. They will be either outdated (same as some Google search results) or incomplete, making them erroneous. One could always simply calculate things like market Cap the old school way.
What Is Market Capitalization?
Market capitalization refers to the total dollar market value of a company's outstanding shares of stock. Commonly referred to as "market cap," it is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
As an example, a company with 10 million shares selling for $100 each would have a market cap of $1 billion. The investment community uses this figure to determine a company's size, as opposed to using sales or total asset figures. In an acquisition, the market cap is used to determine whether a takeover candidate represents a good value or not to the acquirer.
https://www.investopedia.com/terms/m/marketcapitalization.asp
Although, a good short term squeeze or longer term pps might get it to your expectations, it's all relative to each individuals way of looking at it.
1.6B is what I came up with, but thought I might be missing something, so I went checking.
Just curious, what is your source for the market cap? Depending on the source I get different numbers. Google first search (last 24hrs search time) 845m, Yahoo Finance 1.63B, Benzinga 1.6B, and could pick up WSJ.com (Google search any time) for their 676.2m, and current TDA broker lists it at 1.6B.
A big shortage. Their was a problem before Covid. Now the problem is a lot worse. Sis has seen more than a few go away, many just went by a machine (hundreds of thousands of health care workers have died of Covid, a big chunk of that is just nurses), replacements were and are a lot harder to find.
She's been a rock, solid as it comes. I've been trying to get her to give it up for yrs now, she was going to do it at 67,, then 68 then Covid came and she couldn't walk away. Now she's ready, real ready. Notice is given, she's just training, she's in charge of group or section under her direction, so takes time I guess to have a smooth transition.
Yes, agree. Includes the Covid Wars, my sister is a RN on the West Coast. She's retiring at 70 the end of this year.
Humanely has nothing to with the Republican's act. Voters and $$$. Plus, JPM was bitchin to them about all the money they were losing. Ilinois alone, has sold more than $1 billions worth this year so far. Then you have all the other states that have been into it for awhile.
I had a friend that was deep in Vietnam for years, many times he swore to me that mj was his savior and his only way to keep part of his sanity. I'm glad he kept part of it, the time there of course changed him for ever, always dealing with looking for the part he lost.