European Metals Share Discussion Threads

[bookwormrobert] 03/2/2017 07:08

Hi Equity Growth!
I looked up PREM at your suggestion, and saw their resources were in Zimbabwe - which for me is game over. I'm pretty tolerant about country risk - but I won't put money in Zimbabwe (or Russia or any other jurisdiction where asset seizure is a real possibility).
Also Hi Melody9999!
This question of which battery technology is best for which uses is a complex one, and there are many variables. (I've read a lot on this subject). Also, vast amounts of money are being spent on battery research right now, and the science is constantly developing. But, that said, I see a large market for vanadium redox flow batteries. Initially, this will be for off-grid power storage (isolated phone masts / homesteads, etc.). Then, I believe it will become commercial for wind farms and solar farms. For these uses, the key question isn't the efficiency of power storage (lithium beats vanadium), or the weight of the battery. Rather, its the fact the battery can be reused almost endlessly without needing to be replaced.
On the subject of RED, I intend to invest a small amount there. But they have a lot of competition, so it's a risky play.
(None of the above should be taken as meaning that lithium and EMH doesn't have a very bright future!)

[melody9999] 02/2/2017 23:19

Yep - I seem to recall that Jam. I think RED have accepted the limitations of redox as I suggested.

[melody9999] 02/2/2017 22:56

bookworm - you make some good points but on one you are wrong:

"vanadium flow is clearly the best large scale technology available for averaging out the power from intermittent sources of energy such as wind and solar"

In fact intermittency results in frequency variation which is undesirable for the electricity grid; however responding to this requires high power / low energy capability and lithium batteries are much more suitable than flow.

I think flow batteries will be great where long term energy is needed - but it's a tough sell. Check out RED if you want some exposure to flow. I am invested here but not there.

[equity growth] 02/2/2017 21:43

bookwormRobert,If you have time I'd be interested to read your thoughts on PREM from your industry perspective.Apologies for off thread.

[bookwormrobert] 02/2/2017 19:12

Hi Jamonit! Good point about cobalt. For a full list of cobalt stocks search at www.infomine.com.

[cpap man] 02/2/2017 16:00

Thanks to both of you for the above posts much appreciated.

[cpap man] 02/2/2017 09:38

Good morning bookwormrobert - i am also a professional in the natural resources sector for what it is worth. Perhaps with regards to AIM listed KOD we'll agree to disagree!

[AIM listed KOD had an RNS out this morning]

However we would appear to agree on other points especially to do not only with EMH but the future of the battery revolution....

On that note i would be most interested on your views of any other LITHIUM plays apart from the likes of EMH, Aussie listed BGS and AIM listed KOD?

Plus and perhaps even more so....to hear more on the vanadium plays that you previously mentioned....



"If you believe in the battery revolution (as I do), I'd also recommend looking at Vanadium plays."

[bookwormrobert] 31/1/2017 10:50

A side issue to EMH, I know, but when will the prices of the big oil companies slump? The battery revolution is coming quickly now, and there will be an ugly moment when the market realises that the oil majors are worth far less than they thought.

To quote a former Saudi oil minister, the stone age didn't end because people ran out of stones, but because people invented something better.

[bookwormrobert] 31/1/2017 08:43

Yes, a very strong and pleasing update today. I believe the date for the PFS's release is the end of March, but don't be too surprised if this slips by a few weeks - they usually do.

[melody9999] 31/1/2017 07:57

Nice update today. Do we know when the Preliminary Feasibility Study will be released?

[bookwormrobert] 22/1/2017 16:21

Hi, I'm a mining engineer with experience of working in ex-USSR, Eastern Europe and Africa (non-ferrous metals), and once upon a long ago was also a writer for Metals Weekly. No connection to Shareprophets, but I think their analysis is correct this time; Kodal is simply the ramp du jour.
I'm invested in EMH for the long term - that's my opinion! EMH isn't without risks, but I believe it has a good chance of making it to production, or, more likely, of being bought out. I also have a smaller amount of money in fellow lithium miner Bacanora.
If you believe in the battery revolution (as I do), I'd also recommend looking at Vanadium plays.

[cpap man] 22/1/2017 15:55

The are many so called experts in the field most of whom have been wrong historically bookwormrobert!

Well at the very least i really hope that you are not Gary Newman from Share "Lack of" Prophets!

[only state this as i can not for the life of me understand why as a so called professional you would post SP's absolute sh*te?]

[flashheart] 22/1/2017 15:53

Professional and following/involved with Shareprophets.......a slight contradiction immediately comes to light.