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Polo Resources Share Discussion Threads
Showing 14201 to 14223 of 14225 messages
|its ironstone to come good may take 5 years we have 2.45 bill/pounds of batt/mat in the ground l ast time i look value $5.00 bucks a pound|
Spight's a life time
Brian 1944 5 years
dbno 8 years
FailedQS 7 years|
|Dreadful update from Weatherly today - The only people who will ever get a return from their investment is Orion - Polo have lost the lot.
A shocking investment made by Tang, lets not forget that when looking at his track record.|
Spight's a life time
Brian 1944 5 years
dbno 8 years|
|Bought my first tranch in January 2009, still holding.|
|Paleje good viewpoint|
|acamas and i have been here 5 years|
Spight's a life time
Brian 1944 5 years|
|Acamas. I agree with you
The share price is trading at a. ridiculous price
I have been here before with other shares I held
Which I sold only to see them go up 10 fold
This time I am holding until the end
My target has always been. 80p-£1
Good Luck .We Will have our rewards|
|No need to convince me on lithium, spights, I know demand will be there...but the price will only remain high while it exceeds supply. I read a detailed article a few weeks ago by an American analyst, I can't re-find it, suggesting that large scale production would kick in very quickly when demand gets closer.
Also a little extract from a shareprophets article:-
"It is a common myth amongst many private investors that lithium is somehow rare – but to put that into context it is currently estimated that there is enough lithium in the ground to meet demand for the next 431 years, as compared to 39 years for copper and just 15 years for zinc, and although estimate vary wildly for oil and gas most are for less than 150 years." - See more at: http://www.shareprophets.com/views/27048/lithium-isn-t-actually-all-that-rare#sthash.UXVA2sCe.dpuf
Not being contentious just putting another viewpoint.|
Thanks for all your efforts. The point that irks me is that you list Blackman through to Ironstone taking in those other companies in our portfolio all great potential but our share price refuses to reflect this potential. I can recall when this share price was 52p in Dattels time at the helm and Simon Thompson(IC) was talking it up as a possible £1 a share plus.
As you are aware I have been here at least 5 years and all that time it has been jam tomorrow. What will change that this year?|
Lithium Carbonate and Performance Elements for Electronics and Electric Car Batteries
Extracting minerals from oil-field waters to produce eco-friendly products is a very appealing concept, especially in todays march to meet the highest of environmental sustainability objectives. Devonian formation waters associated with producing oil and gas wells in parts of Alberta contain up to 140 mg/L lithium, a significant concentration, considering the average values of lithium in Alberta formation waters are 10 mg/L, based on approximately 1,500 analyses. The high-lithium brines also contain appreciable concentrations of potassium (up to 8000 mg/L), boron (up to 270 mg/L) and bromine (up to 410 mg/L). Ironstone's southern Clear Hills permits have also tested relatively high concentrations of lithium and related performance elements (LPE).
Ironstone has commenced a multi-facetted development program to determine the engineering and economic viability of pre-concentrating the relatively shallow Devonian-bearing LPE brine to meet the objectives of building and operating a commercial multi-commodity extraction plant. The company has identified the key pre-concentration technology that would fulfill its commercialization objectives, and has been in discussions with a strategic multi-national company that has been deploying its extractive technology across the globe.
Today, lithium that is typically recovered from South American brine deposits requires above-ground “refining̶1; in evaporation or salar ponds, taking up to 18 months from extraction to a commercial product. The key to commercializing Alberta's lithium-bearing brines, where use of evaporation ponds is untenable, is to source or develop innovative technology to rapidly pre-concentrate the valuable commodities at which time they can be economically extracted using commercially available extractive technology.
A Plethora of Lithium Applications
Photo by craftvision/iStock / Getty Images
Lithium is the lightest solid metal that is highly reactive, malleable, and a good conductor of heat and electricity. These properties contribute to its widely varying application, including:
in the medical industry as a mood-stabilizer, bipolar disorder treatment, and preventing Alzheimer’s disease
batteries and telecommunications
as chemical desiccants, or for polymerization and organic synthesis
in general engineering for high-temperature lubricants and soaps, for fluxes for welding and soldering, and for CO2 scale prevention
in high strength-to-weight alloys for high-performance automotive and aircraft parts
in the optics industry for focal lenses, and infrared and ultraviolet applications
as propellants in rocket engines
for fusion material in nuclear power plants and weapons
as a substitute for environmentally-unfriendly elements such as fluorine
The unique properties of lithium ideally position it for portable energy storage applications that will be a key enabler of the electric car revolution and replace gasoline as the primary source of transportation fuel.
Automobile manufacturers are now mass-producing electrical vehicles. Lithium-ion batteries represent a viable lightweight, durable power source for eco-friendly vehicles. Subsequent demand has caused lithium commodity prices to surge and introduced speculation about whether sufficient volumes of lithium are available to sustain global Li- ion battery production.
The Transportation Market to Drive Lithium Demand
According to Goldman Sachs, the greatest opportunity for lithium-based batteries lies ahead in the form of transportation applications. In 2014 alone, more than 70 million cars were sold globally, providing an enormous available market for lithium-based batteries. A typical cell phone uses 5-7 grams of lithium carbonate equivalent (LCE) in its battery. A Tesla Model S with a 70kWh battery uses 63 kilograms – an equivalent content of more than 10,000 cell phones.
Lithium could be a key enabler of the electric car revolution and replace gasoline as the primary source of transportation fuel. Thanks to technology breakthroughs, favorable policy, and supportive public opinion, electric vehicles (EVs) appear poised for a sustained period of superior growth with Goldman Sachs estimating 22% EV penetration in 2025 from under 3% today. In 2014 alone, more than 70 million cars were sold globally, providing an enormous available market for lithium-based batteries. The core material that enables lithium-ion batteries to function is lithium.
According to Goldman Sachs:
EV adoption represents a huge and generally untapped market for lithium suppliers.
The greatest opportunity for lithium and lithium-ion batteries is yet to come in the form of multiple future transportation applications.
EV development could pave the way for further developments and demand, including electric trucks, trains and aeroplanes.
If EVs achieve a further 1% penetration of the global car market, it would increase lithium demand by 70,000 metric tonnes of LCE/year, or approximately half of current global demand for lithium.
Lithium demand for all EV applications could grow more than 11 times by 2025.
$150/kWh is the tipping point for broad commercialization. Goldman Sachs believe this is feasible by 2020.
Energy Storage News|
|Ironstone is poised to become one of the leading suppliers of vanadium pentoxide for use in advanced steels as a hardener, and in renewable energy storage applications. Ironstone's NI 43-101 compliant vanadium resource currently measures 2.45 billion pounds of vanadium pentoxide (557 million tonnes indicated at 0.21% V2O5) as reported by SRK Consulting (Canada) in July 2012.|
|This was a reply. I received in 2014
I appreciate your continued interest in Ironstone Resources.
Our focus during the past 2 years has been to complete the definition of our iron Process Flow Sheet, and we have made tremendous progress in conjunction with Hatch engineering. We recently completed our second and major continuous pilot test, and are currently putting the finishing touches on mineral processing tests as a precursor to commissioning our PEA.
We expect to commission the Preliminary Economic Assessment (PEA) - an independent report on the Clear Hills project economics - in June, with an expected delivery date in early September.
The PEA will position Ironstone...
1) for a public offering should that be the best course of action. We are seeing an improvement in the markets for mining companies, and if this trend continues, an IPO is a possibility; or
2) attract in institutional investment to fund our next commercial scale pilot test (Q1-2015), which will lead to our pre-feasibility study (PFS). This is an important value-creation objective, and could lead to a more attractive IPO or position Ironstone to attract in a strategic partner next year.
Either of the above milestones will build value for Ironstone and benefit our shareholders.
In either case, we expect a major liquidity event within 12-24 months.
|Acamas this is a huge project
The returns for
Polo will be life changing( for us all)😀㈳2;😀😀😀😀128512;😀8512;😀
I am happy to hold if it does take that long
On the way there will be announcements from them
Some very soon by their reply
Any news that I receive from Ironstone
I will post
Very exciting times ahead
and Ironstone Resources|
A very nice presentation but 5 years away from full production. What has it to offer between now and then?|
|Paleje I am very very very excited about our holding in Ironstone
Below have a good read
|That was quick spights, do you have any idea what Ironstone is worth, pre this latest jv?
Lithium is the latest must have, but some say it isn't really in short supply, it just needs the big players to kick start production which they'll do at some point. So small fry need to be in early to get the benefit of high prices before the bubble bursts. I've no idea how long that will be but I imagine it could be a couple of years at least, it would be good to hear what quantities and timeframe the jv have. I appreciate that's not an easy one, maybe Greatbanks will divulge more info as the are quoted.
Nice to hear Barry sees it as good news.|
Polo should be releasing a public statement shortly, if they haven’t already.
As a major shareholder in Ironstone (18.84%), they will have an indirect ownership stake of approximately 9.42% in the lithium development in Clear Hills and future LiREC® technology licensing opportunities.
Hope to announce more good news next month.
|I will come back to you on this|
|spights ironstone interresting news any views thanks|