Alexander Mining Share Discussion Threads

[still waiting] 02/3/2017 14:14

buys showing as sells?

pirates at play

[still waiting] 02/3/2017 14:09

this lithium JV is a complete new angle for the co, and could be quickly tested on existing lithium deposit tailings if progresses.

how many global lithium producers are there that would have tailings to exploit?

[futuredlighter] 02/3/2017 14:05

Hi SW, Lots more happening here than people give the BOD credit for. If people could just hold a few weeks on their purchase it might hold share price better

[still waiting] 02/3/2017 13:57

we just need to hear about Mongolia now, will the Dr have a deal lined up?

[still waiting] 02/3/2017 13:47

moving up again.

[still waiting] 02/3/2017 13:36

and why lithium resource/producers might be interested to look at this now.

Dr. Welham has found what appears to be a promising route to the direct dissolution of spodumene under ambient temperature and pressure conditions. Further work is required to confirm these initial results and to expand the database for subsequent optimisation. At this stage, heap leaching appears the most likely mode of operation given the slow apparent rate of dissolution. If this is confirmed, it will open up a significant number of opportunities with companies with lithium resources. The novel process will allow processing of lower grade ore potentially increasing resources considerably. Tailings from existing operations are also expected to be treatable.

[still waiting] 02/3/2017 13:31

so breaking into lithium at a time when demand from EV's is set to explode..

on top of all the global patents as well.

[still waiting] 02/3/2017 13:24

shake not getting nearly enough, premiums paid.

[still waiting] 02/3/2017 13:21

RNS Number : 3751Y

Alexander Mining PLC

02 March 2017

2 March 2017

Alexander Mining plc

("Alexander" or the "Company")

Lithium Research and Development Joint Venture
-- New lithium processing technology research and development project
-- Opportunity to earn up to 80% licence rights in any intellectual property created

-- Complementary to existing AmmLeach(R) potential for cobalt production for use in lithium batteries

Alexander is pleased to announce a significant new research and development joint venture project ("JV") for the recovery of lithium from hard rock sources. The JV is between the Company and Dr. Nicholas Welham, Alexander's Principal Technology Consultant for ammoniacal and hypochlorous acid leaching.

Martin Rosser, CEO, said: "As an acknowledged expert in lithium and hydrometallurgy, working with Dr. Welham on this project offers the exciting potential to develop new lithium processing intellectual property in a sector of major interest. Moreover, it is complementary to our existing cobalt recovery technology as cobalt is an essential component in lithium batteries."

Dr. Welham said: "I am delighted to be working in partnership with Alexander, which has a belief that novel technology will change the mining industrial landscape. Its on--going support for AmmLeach(R) and HyperLeach(TM) has been considerable, and I look forward to continuing working with their professional management team in bringing this opportunity to fruition."

Research and Development Joint Venture

The JV is to investigate the potential recovery of lithium from lithium bearing minerals. The JV parties believe that the only realistic sources of lithium to supply the rapidly expanding demand is from hard rock resources. Brine deposits are primarily in South America (Bolivia, Argentina and Chile) and China and historically these countries have a moderate sovereign risk. Brine deposits are concentrated by solar evaporation from large ponds and can only realistically occur in extremely arid areas. It is hard to fast track production from brine as the process to obtain lithium typically takes 18-24 months from commissioning to first product. Hard rock resources are a more viable proposition for rapid development as the time from commissioning to first concentrate can be a matter of a few weeks.

The spodumene (LiAlSi(2) O(6) ) concentrate is typically sold to Chinese producers of lithium carbonate, who use a combined pyrometallurgical-hydrometallurgical ("pyro-hydro") flowsheet to produce a lithium carbonate (or hydroxide) product. The high cost of the pyro--hydro process remains the significant obstacle to the low cost production of lithium carbonate (or hydroxide) from spodumene.

Dr. Welham has found what appears to be a promising route to the direct dissolution of spodumene under ambient temperature and pressure conditions. Further work is required to confirm these initial results and to expand the database for subsequent optimisation. At this stage, heap leaching appears the most likely mode of operation given the slow apparent rate of dissolution. If this is confirmed, it will open up a significant number of opportunities with companies with lithium resources. The novel process will allow processing of lower grade ore potentially increasing resources considerably. Tailings from existing operations are also expected to be treatable.

Joint Venture Terms

Alexander will be entitled to be the initial sole funder of the JV in return for an economic interest of up to 80 per cent. in a worldwide exclusive licence ("Licence") to commercialise the new technology(ies). The JV will be in stages, with stage 1, proof of concept, budgeted to cost US$10,000 and expected to take approximately three to four months. Thereafter, if stage 1 is favourable, Alexander may agree to fund part or all of the next stages, including a mini pilot plant, budgeted for an additional US$240,000 and to take 12-18 months.

In the event that Alexander does not wish to proceed Dr. Welham has the right to seek further developmental funding from other new partner(s) ("New Partners") on the same terms as Alexander.

The majority shareholder in the Licence, unless it is agreed otherwise amongst the Partners, will be entitled to become the Technology Manager of the licence. The Technology Manager will be free to market the commercial use of the Project Intellectual Property Rights and agree with potential third party users any commercial licensing agreement of its choosing. This may include, but is not limited to, advance entry fee, royalty, project equity etc.

Of the net licensing revenue received by the Technology Manager, 20 per cent. will be paid to Dr. Welham and the remaining 80 per cent. will be divided amongst the Licence holders in proportion to their Licence ownership equity interest.

Complementary to AmmLeach(R) technology for cobalt recovery

The new lithium R&D programme is complementary to the Company's existing AmmLeach(R) and HyperLeach(TM) processing technologies for the recovery of cobalt. Alexander is actively looking for commercial opportunities to utilise these patented technologies for the recovery of cobalt compounds (or metal) at the mine site. This is an especially interesting opportunity given the strong growth forecast for electric vehicles sales and the batteries they need. Many of the preferred batteries used, as well needing lithium, also require significant quantities of cobalt. There is an industry problem in obtaining cobalt using ethical production methods, in particular from countries such as the Democratic Republic of the Congo ("DRC"). With such a restriction, the key challenge, given the DRC's dominance of world cobalt production and reserves (circa over 50% for each), will be securing supply from other acceptable sources.

This announcement is inside information for the purposes of Article 7 of EU Regulation 596/2014.

[futuredlighter] 02/3/2017 13:15

That's a bit of a curve ball

[still waiting] 02/3/2017 13:10

quick dip bought.

signs that it may want to go higher..

[futuredlighter] 02/3/2017 10:31

Time for some more news please. One with money and income

[still waiting] 02/3/2017 09:11

in for the tern and news.

[futuredlighter] 28/2/2017 09:05

Was anyone at the GM yesterday?

[still waiting] 27/2/2017 15:03

all voted through.

now news please,

[futuredlighter] 24/2/2017 18:37

Good man. Thanks.

[sleveen] 24/2/2017 17:48

Think about future revenue...there isn't any.

need to get to a BFS before any revenue is earned.

That's some way off assuming Accudo go ahead, hence another placing will be needed in due course.

Lets say 6-9 months time.

All these patents don't earn any dosh at all.

I'll call this down to 0.1p.

[futuredlighter] 24/2/2017 17:32

Not just as simple as thatSome different scenarios More sells - goes down. More buys - goes down. Loads of buys - doesn't move. No sells or buys goes down, great RNS goes down. No news twitter ramp goes up. Messed up trading.

[sleveen] 24/2/2017 17:25

More sells than buys hencs share price falls.

Simples.

[futuredlighter] 24/2/2017 16:38

All very quiet again. Next batch of shares are out next week. So once they're picked up the MM'S can move it up again

[still waiting] 22/2/2017 15:10

dip pounced on..

ready to move up?

[still waiting] 22/2/2017 14:35

bottom pickers.