European Metals Share Discussion Threads

[dvsfm] 11/1/2017 14:34

or this

hxxps://translate.googleusercontent.com/translate_c?depth=1&hl=en&prev=search&rurl=translate.google.co.uk&sl=de&sp=nmt4&u=hxxp://www.aktiencheck.de/exklusiv/Artikel-Europas_groesste_Lithium_Lagerstaette_Wettbewerber_bis_20x_hoeher_bewertet_Uebernahmeziel_von_BMW_Daimler_und_VW-7644390&usg=ALkJrhggecCp8ZVEpNPdobBWExfFfzeUDg

[dvsfm] 11/1/2017 14:33

check this out

[herschel k] 09/1/2017 15:06

If someone else has posted this, apologies:

hxxp://oilprice.com/Energy/Energy-General/Lithium-Prices-Set-To-Jump-As-Tesla-Doubles-Global-Battery-Production.html

[wrtmf] 08/1/2017 18:22

countdown to emh pfs, 12wks, maybe less...

[wrtmf] 08/1/2017 14:45

i like this from Mercedes in 2015, changes shape at higher speeds, concept car,


bootiful, lol.

[wrtmf] 08/1/2017 14:41

the lesee from leeco looks lovely, how cars in the 21st century should look [speaking as someone who wanted to be a car designer in his teens, lol, a very long time ago!]. most cars on british roads look ugly, with their bug eyes and flared wheel arches, yuk!

the page takes a long time to load,


people might recall the 'china special' of top gear, particularly, how quickly chinese car design/styling, had evolved in the space of 10yrs and at that pace, it was conjectured, how they might jump ahead in the next 5.

[kwizza] 08/1/2017 11:59

There is a new $3 billion electric car factory being built in China also

[wrtmf] 07/1/2017 11:34

The State Council has approved a five-year national plan on mineral resources (2016-20) to protect and use mineral resources effectively, according to a circular released on Nov 8. The document calls for a more environment-friendly mining industry with rational utilization and effective conservation, which should help boost its green transformation and allow resource development to benefit all people.

'5-year national plan on mineral resources approved'



--
an indusrial minerals website is putting a different slant on the same policy,

'China to stockpile large volumes of minerals under new plan'

[wrtmf] 06/1/2017 23:22

[follow up to post 79]

forget climate change. city smog is a greater stimulant to change for the chinese.


China Starts 2017 Engulfed by Smog, Issues Pollution Alerts

--
BEIJING — Beijing and other cities across northern and central China were shrouded in thick smog Monday, prompting authorities to delay dozens of flights and close highways.

...Expressways in Shijiazhuang, Hebei's capital, and more than a half-dozen other cities there were temporarily closed, according to notices posted on the official microblog of the province's traffic police.

In the central city of Zhengzhou, authorities ordered students from kindergarten through high school to stay home on Tuesday because of the smog.

More than 300 flights out of the northern city of Tianjin were canceled Sunday due to poor visibility.

...China has long faced some of the worst air pollution in the world, blamed on its reliance of coal for energy and factory production, as well as a surplus of older, less efficient cars on its roads.

Researchers at Germany's Max Planck institute have estimated that smog has led to 1.4 million premature deaths per year in China, while the nonprofit group Berkeley Earth in California has had a higher figure, 1.6 million.

--
2014
Beijing to spend £76bn to improve city's air quality

--
according to a poster on another bb the 76bn figure [Beijing] has risen dramatically [300bn, nationally?], but I can't find an article stating it.

deep chinese pockets. the 'fallout' from all this is you need to watch all the aim lithium plays. 2017, the year of lithium fever on aim?

[herschel k] 06/1/2017 10:17

I just don't understand why EMH is so undervalued compared to peers........is it all about the PFS (or lack of one)?

[hutch_pod] 06/1/2017 10:16

Thanks myst1.

The market cap differential does stand out, even accounting for the stage of development ie PFS March 2017 for EMH, FS Summer 2017 for BCN.

Must admit i couldn't quite reconcile the capex or op cost deltas, but good points

eg BCN capex $240m preproduction vs $169m (ex tin) for EMH
and BCN op cost net of credit $2100 over life of mine vs $1500 for EMH.

[myst1] 06/1/2017 08:18

Great post from Xulu on LSE;


BCN having a nice revival. They are double our MCap now - and i'd be surprised if we don't come in with an NPV double their's when we publish our PFS in March.

If you take their $750M as a base case to work from in comparison:

We need $153M less Capex. Using the same 8% discount used by BCN, over 20 year initial LoM that is worth $600M extra on the NPV.

We are producing Lithium at >$1000/T cheaper. Assuming 35kT/y production as BCN, thats >$35M saving every year over 20 years = $700M without taking into account compound interest.

BCN went with $6000/t selling price... Well that's conservative even a year ago at the time. Let's assume $8000/t for a contract now as a conservative long-term figure given contracts are this year $11000. At 35kT/y that's an extra $70M/y. Over 20 years its $1.4 Billion before compound interest.

Now consider we will have cheaper transport to our customers. Consider the much higher payback/IRR. Consider no competition in Europe. Consider the 15% increased Lithium recoveries from our recent metalwork studies. Consider the shallow high-grade Lithium we've discovered to start our mine off on. Consider that Tin prices have fully recovered allowing further cost offsets.

These are obviously rough figures, but the point is, put all this together and the NPV that comes out of our PFS is going to be huge. It will dwarf BCN's. Both BCN and EMH's PFS will focus only on a small portion of their resource.

It will be +$2Billion because our margins are so high - Producing carbonate for $1000 and selling it for $8000. That means that for example if someone was to pay $2Billion

for us now - it'd be the same as them investing $2Billion in a managed fund that brings them a guaranteed constant 8% return for 20 years. Something that any large investor would be ecstatic about. The reason they use such a high figure is to provide security for the buyer.

Our current Mcap is $55M. This is the share tip of 2017, not BCN.

(for the record, BCN's revised FS due in the summer will also take into account higher lithium prices and thus a much larger NPV)

[ahbroad] 05/1/2017 21:19

Telbap. I don't believe for a second any 'long term' holders are jaded.

Even over the medium term you'd need to be pretty daft not to have made money on this

[wrtmf] 05/1/2017 20:41

'global x lithium etf' creeping towards previous high

12 month high = 26
currently = 25.58
jumped from below 24.5 in the last week

[top10 holdings - fmc, qmc, enersys, tesla, albermarle, samsung, lg chem, gs yuasa, panasonic, simplo]

[diesel] 05/1/2017 19:50

REM is not a miner, just an investor in mining companies, well exploration companies at the mo, but hopefully mining sometime.

[telbap] 05/1/2017 18:53

Been on a sideways but downward trend for 2 months now. The 1 yr graph still healthy, but we need to leg up into the 40s otherwise we will be into a downward 3 month chart, not good for chart driven investors.I agree lithium is the only way forward, but it would appear so many miners are un-willing to get the stuff out of the ground and processed, REM is a great case for this, producing CPR after CPR and still not mining and processing!!Given the close proximity to the proposed new EV plant for diamler, you would think that the tie up would be happening pretty rapidly.....Looking forward to the next RNS in Feb to tell us the good news that they are going to produce a new CPR......ooohhhh!Jaded long term holder :-(

[someuwin] 05/1/2017 15:38

Heading back up.

[wrtmf] 05/1/2017 15:37

asx ann tonight?

[wrtmf] 05/1/2017 14:27

earlier gains evaporating from most aim lithium plays

[diesel] 05/1/2017 12:00

Added more, currently at37.75.
Rationale...no question direction of travel with EV investment by all major manufacturers. Does not appear to be any viable alternative to Lithium as power source, one may appear but would have to be significantly better to alter current investment/manufacturing options. Emh is particularly attractive due to its location and other mineral resources.
One for long term hold.

[wrtmf] 05/1/2017 11:25

on the old thread there were a number of articles concerning cities around the world gripped by smog in the last 2 months. as further studies find relationships between disease and urban heavy traffic, the 'drive' for cleaner city air will 'accelerate' [he, he, he, cough, cough, splutter],


Dementia rates 'higher near busy roads'

plausible and suggestive, but not proven

[sambuca] 05/1/2017 07:57

6.5% drop in Aus last night now at mid price of aud 0.57 mid price =to 33.75p on 70586 traded.Some parity ion the price here and there now.

Sam

[wrtmf] 05/1/2017 00:09

'global x lithium etf' rising after an approx 50% retrace during december