Neil Herbert26 Sep 2024 19:53Https://www.investmentreports.co/interview/neil-herbert-1315 |
Next 6 weeks |
No mention of the Off - take agreements?? |
Interview with Neil Herbert... |
Very positive step forward today. Hopefully Neil will now emerge from the woodwork and update us on Ratification & Off-takes. Q4 could see us re-rate significantly in my opinion.Fingers crossed |
Permit finally awarded plus industry news in the last couple of days has been positive.Question is,will this provide a pivotal turning point for the stock or just a short term fillip."(Bloomberg) -- Lithium producers surged from Asia to the Americas on speculation Chinese battery giant Contemporary Amperex Technology Co. halted production at a major mine.The stoppage will spur an 8% cut in China's monthly lithium carbonate output and "will help rebalance the supply with demand," UBS analysts led by Sky Han wrote in a note.The shutdown is positive for the commodity, according to UBS, which expects 11% to 23% upside for lithium prices in the rest of 2024. " |
 From the COB - Auzbiz.co.ukThe lithium space has endured an awful time since early 2023, wiping out most of the gains since the pandemic. Good old-fashioned supply and demand have smashed the price of lithium by around 90%, and although the exact pricing is a touch opaque, the trend is most definitely not. One major concern around demand is potential tariff hikes from EU and US regulators retaliating against perceived Chinese dumping of electric vehicles into the respective markets. However, for adoption to improve, we need EV prices to fall, and reducing competition with tariffs will have the opposite effect. Hence, markets are nervous about demand into 2025, driving prices even lower. Several higher-cost miners have tried to reduce costs rather than curb production, but this cycle is likely to pressure them further. The huge supply reaction to 2022 prices illustrates that there is plenty of lithium available, and bringing it on stream isn't too hard. However, it's not necessarily economical, especially if demand doesn't accelerate from current levels. In June, we sold Pilbara Minerals for $3.50, a genius move if we had also sold our Mineral Resources position, which also carries lithium exposure. Lithium pricing/production isn't as straightforward as gold and copper, but we are confident from a sheer price perspective that IGO is the best positioned, followed by Pilbara Minerals, especially when the latter ramp up production. The downside momentum and sentiment toward lithium stocks is poor and a "washout" drop to around $2.50 wouldn't surprise us, an area where we again like the risk/reward. |
hopefully these sort of developments will get the EV market back on track
Samsung unveils 600-mile solid-state battery with rapid charging
Samsung announced a solid-state battery with a 600-mile range at the SNE Battery Day expo in Seoul, in August. (Top Speed)
The battery maker also revealed the battery can charge to 80% in just nine minutes, potentially revolutionizing the EV industry.
The battery uses a solid electrolyte instead of a liquid one, offering more energy storage, better safety, and a 20-year lifespan.
Samsung plans to mass-produce these solid-state batteries in the next few years, with more affordable options also in development. |
...more than the current market cap.. |
Well it's ratification and 127 million! Dollars basically. Spud price, may have impact but that's basically the market more than the current market cap. |
Once ratification done will likely go back above 20p. Imho |
The ratification will trigger a circa 27-28 million investment in the local assets/project. Total investment being 32 million. |
So what are they finalising then? |
On the Ghana side, the pension funds won't invest till we are in production. |
Nope, they paid 20p a share. |
So the current price is a benefit for MIIF to get a cheap stake in ALL? |
New article about MIIF...
We get a mention...
"The Fund through its investment in the UK and Australian listed Atlantic Lithium is now the third largest shareholder in Atlantic Lithium globally and working on finalising a 6% stake in the company’s Ghana tenements including the Ewoyaa project mine which increases Ghana’s stake in Ewoyaa to 19% on the back of a negotiated 13% free carry for Government of Ghana at US$27.9 Million." |
Why you making stuff up.. |
Not a lot!! |
What the F is goin on here? |
Cash runs out in Oct this year. Tik tok |
No FID till end of '25 |
Are PLL committed? |
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