Rare Earth Minerals Share Discussion Threads

[irenekent] 09/11/2016 05:39

Is Trump going to put import tariffs on Mexican lithium?

[hazelst] 08/11/2016 13:20

The numpties are out in force today, we always move up when they arrive.

[temmujin] 08/11/2016 12:55

last time i bought at this price it hit 2.4p albeit briefly

[temmujin] 08/11/2016 12:54

anyway i'm back in if only temporary..when this baby moves, it moves

[leonasdad] 08/11/2016 11:50

300+ miles range wants to be recharged in less than 5mins without tripping over cables or substations

[cyfalafwr] 08/11/2016 11:47

I thought that idea was too simplistic ..lol

My main reason for investing in lithium is not really for EV application as the reasons are given above in your comments ,a cheap high energy density battery is really needed for 300+ miles range ,and even then it does not give us the flexibility of petrol and diesel.
My reason for investing in lithium is for the household/grid energy storage systems e.g. Powerwall and the new ideas coming on stream like the roof tiles with incorporated solar pv cells.

[temmujin] 08/11/2016 11:26

maybe if they invested money in charging stations instead of speed cameras it might happen.. do people realise your taxes are paying for average speed cameras at £100k per mile

[sanilav] 08/11/2016 11:16

www.theguardian.com/environment/2016/aug/04/electric-vehicle-charge-points-to-outnumber-petrol-stations-by-2020-say-nissan
Interesting article.Some might have already seen it.

[temmujin] 08/11/2016 10:40

RNS

RNS Number : 6117O
Rare Earth Minerals PLC
08 November 2016

Rare Earth Minerals Plc

("Rare Earth Minerals", "REM" or "the Company")

Further Shallow Lithium-Tin Mineralisation Intersected at Cinovec

Rare Earth Mineral Plc (AIM/ISDX: REM; OTC: REMMY) is pleased to report the analytical results for a further two drillholes CIW-07 and CIW-08 at the Cinovec Lithium-Tin-Tungsten Project ("the project" or "Cinovec"). REM holds a 17.64% economic interest in the project (increasing to 20.84% following the Annual General Meeting of EMH to approve a further investment by REM, as previously announced) through its direct equity stake in European Metals Holdings Limited ("EMH").

The full EMH announcement can be found at: hxxp://europeanmet.com/assets/8_Nov_2016_-_EMH_-_Drilling_Update.pdf .

Highlights:
· The two drillholes are collared near the historic main shaft.
· Significant lithium mineralization intersected from less than 10m depth in both holes, these are the shallowest intervals to-date.
· Drillhole CIW-07 returned a lithium-mineralized intercept of 226.7m @ 0.45% Li2O (inclusive of a 6.6m below cut-off un-altered granite), from 35m.
· Drillhole CIW-08 returned a mineralized intercept of 246.3m averaging 0.40%Li2O from 10.7m, containing high grade intervals of 6m@0.78%Li2O (126-132m) and 4m@0.88%Li2O (147-151m).
· Significant tin and tungsten mineralization was intersected in upper part of both drillholes:
§ Drillhole CIW-07 - 12.5m@0.19%Sn and 0.028%W, 3.05m@0.17%Sn and 0.077%W, 1.45m@0.83%Sn and 0.124%W, 5m@0.17%Sn and 0.001%W and 2m@0.112%W and 0.04%Sn
§ Drillhole CIW-08 - 4m@0.76%Sn and 0.081%W, 6m@0.38%Sn and 0.030%W, 4m@0.19%Sn and 0.003%W and 2m@0.79%Sn and 0.095%W
· Drilling continues in the western part of the Cinovec deposit (targeting high grade zones near the rhyolite/granite contact) and in the central part (targeting near-surface mineralization on the flanks of the historic underground mine). Altogether, nine drillholes have been competed this year (3,222m) with three other underway at this time.

European Metals CEO Keith Coughlan said "We are very pleased with the results for the latest two neighboring drillholes, located in the uppermost part of the Cinovec deposit near the historic mine shaft. The shallow lithium intercepts that extend significantly beyond historical workings, combined with the substantive tin and tungsten grades auger well for the economics of the deposit in this area. We are very pleased to see the tin price back above USD 21,000/t. This enhances the economics of Cinovec significantly and provides us with great flexibility with regards to the development of the project. Cinovec is not only the largest lithium resource in Europe, it also contains one of the largest undeveloped tin resources in the world."

[diesel] 08/11/2016 10:36

Cyf...this was a proposal put out by an early developer, can't remember who, but the big issue is getting everyone to agree a standard, and that won't happen, look at mobile phone batteries or power tool batteries, different sizes, voltages, fittings and worst of all different chargers. A system of supplying charged batteries could not work if there were more than a few different models.

[chicken01] 08/11/2016 10:26

From what I can understand, the batteries are leased for a monthly sum. After a certain period they have to be replaced, as they do by all accounts, wear out. So, although the idea of swapping batteries sounds good, I feel that unless the monthly rental is removed I can't see me going for a full electric car anytime soon, as my petrol car costs me very little as I do negligible mileage per annum. In the end, an electric car has to be cheaper and just as efficient as my petrol car or what's the point?. As to lithium mining etc. I can't see a great surge in demand until my logical argument above is solved. My opinion only, anyone?.

[temmujin] 08/11/2016 10:06

you'd need a massive battery bank at motorway service stations...too much hassle changing batteries,sorry not going to happen..its bad enough trying to get 1 calor gas bottle changed...wait bloody 20 minutes

[rwauu] 08/11/2016 09:50

Cyfalafwr. You are wrong. Imagine the joy of buying BRAND NEW wehicle! The smell of fresh materials, fresh paint, etc. Everything just works... untill you pull up to the first "gas" ststion to recharge or actually swap batteries. You drive out with 10 year old battery from previous vehicle owner that left it a few hours ago. Nah.... It is like leaving brand new clothes to wash for the furdt time and receiving the same model clothes wornout to the seams... Thanks, but no thanks.

[cyfalafwr] 08/11/2016 08:35

Is it only me that takes this simplistic common sense approach to the range for EV's.If all manufacturers had the exact same type of battery in their cars that were easily removed and replaced then instead of petrol stations have battery stations.When your car's batteries have nearly lost their charge ,drive in to a battery station remove them and fit fully charged ones ,the ones taken are recharged for the next cars that come in and so on.A bit like taking your empty calor gas cylinder to an outlet and leaving with another full cylinder of gas.

A bit too simplistic solution perhaps !!

[sanilav] 08/11/2016 08:08

Diesel
Think you have hit the nail fair and square right on the head.When you look at the time scale from the first powered flight to landing on the moon,developing a battery that does 300miles or more in one bash doesnt seem impossible.

[datait] 08/11/2016 07:08

The doom and gloomers lol, Just sit back and watch as REM will race ahead soon enough.

[rwauu] 08/11/2016 01:35

Temmujin changed his notes because there is only one strategy with these ahares- buy as low as you can and sell higher when ramping wave comes back. unfortunately there is one but- ramping waves get smaller and smaller. Used to be 1.8 waves, then 1.2, the latest just 0.97. I believe the next wave will take just up to 0.6. shares are too diluted, not that many BB morons to mop up the shares at highest prices. Well in such case you will see crushing bottom. forget 0.3-0.4. I believe fair price for regular "fixer uppers" will be 0.01 or lower. Yep, it is coming. Dilution megaahoys tell me that it will be bad, very very bad.

[rwauu] 08/11/2016 01:28

On steady path to 0.005. Worthless rubbish with declining potential to do placement ahoys. Shares so diluted that there is no chance for this company anymore. Oh, just check my posts- didn't I say that shares will collapse?

[diesel] 07/11/2016 23:16

Remember when a mobile phone could only make/receive calls, tv's could only receive a few channels, pc's used floppy discs and had 64k memory, screens were huge and heavy, light bulbs produced more heat than light.......we are in fast moving times and there is momentum building in the next generation of transport power, driven in no small part by the need to protect the environment.

[temmujin] 07/11/2016 21:39

ok lets see if we have a bad winter here in UK and see how electric vehicles cope..i wouldnt want to be stuck in a 6ft snow drift driving one without heating...and imagine if we have power cuts...how are you going to charge one then?

[diesel] 07/11/2016 21:35

Every, yes every, major car manufacturer is investing heavily in electric power models, they may not know the timescales that electric propulsion will supersede fossil fuel technology but they all know that this will happen.

[temmujin] 07/11/2016 21:01

300km = 190miles ish.... just aint going to happen...need at least 300 miles

[sanilav] 07/11/2016 18:00

From today's FT.

"Toyota’s electric pledge.

Japanese carmaker, Toyota, is to begin mass producing electric vehicles by 2020. It aims to develop vehicles that can run more than 300km on a single charge. The new plans mark a switch for Toyota, which believed that the high cost of batteries and limited driving range would prevent electric vehicles from going mainstream.

Interesting times ahead.The Lithium age will come,big time and then we wont be talking fractions of a penny.Keep calm ,think big.this is def gonna happen,just a question of hanging on in there.Rome was not built in a day.GLA