Zinnwald Lithium Share Discussion Threads

[bountyhunter] 31/12/2021 11:30

and to you and all others here 🎊 🚀

[gepetto100] 31/12/2021 11:27

TVM bountyEveryone have a good new year by the way

[bountyhunter] 31/12/2021 11:25

gp - incidentally there's a link to that live price chart for Lithium at the top of the header.

[bountyhunter] 31/12/2021 11:24

Have a look at slide 12 in the November presentation...



I've updated the header with the link to that latest presentation.

[flyfisher] 31/12/2021 10:39

Has anyone done a direct comparison of resource size and valuation for EMH vs ZNWD.

It would seem to be a similar deposit, with a similar route to market.

[gepetto100] 31/12/2021 10:18

Bounty that's a good live app

[bountyhunter] 31/12/2021 09:45

Lithium price chart:

[bountyhunter] 31/12/2021 09:44

Low supply drives up Chinese lithium prices

China’s battery-grade lithium carbonate price continued to rise amid dried-up spot supply in the week to Thursday December 30, which supported that for battery-grade lithium hydroxide. Lithium prices in East Asia’s seaborne market also rose as a result.

[bountyhunter] 31/12/2021 09:19

Most Lithium related shares have been beaten down over the last few months however with the market price of Lithium going in the other direction (up) 2022 could be a good year for Lithium related shares generally as share prices catch up and the low carbon revolution gains traction.

[papillon] 30/12/2021 23:07

I have to admit the KOD Heikin-Ashi candlestick chart is looking good


free stock charts from uk.advfn.com

[bountyhunter] 28/12/2021 16:30

Yes the price of Lithium is accelerating away from the values of the companies developing Lithium deposits to at least partially fulfil the ever increasing demand! All set for a following rally in Lithium companies in the NY?

[scrutable] 28/12/2021 16:25

And yet another Y7000/T over Christmas to 268,500/T.

Incredible - perhaps the industry is, as an annual exercise, re-examining the basic future global supply position in the New Year ahead and the metal price is thus more mobile than ever?

[bountyhunter] 27/12/2021 20:21

Speaking to David Lin, anchor for Kitco News, Berry said that "the reasons why [lithium] is growing so fast and that investors are latching onto it is because it's probably the one battery metal, the only battery metal, that is really not substitutable.

Demand for lithium is expected to grow at a compound annual rate of 20% from now until 2030, Berry said."

[bountyhunter] 27/12/2021 19:39

Quite right on checking advfn do have it wrong, thanks. The recent RNS post placing states...

"the total number of ordinary shares and voting rights in the Company will be 293,395,464"

So with the share price at 14.625p that makes the market cap £42.9 which is still ludicrously low compared to a NPV for the Zinnwald project of €428m, and that was probably calculated before the recent significant rise in the market price of Lithium.

[on target] 27/12/2021 19:12

Market cap £45m rather than £30m - ADVFN have it wrong.

[scrutable] 27/12/2021 17:56

Apologies: duplicated in error

[bountyhunter] 27/12/2021 15:38

From the website:

ZINNWALD-LITHIUM-PROJECT
Zinnwald – 100% interest and operational control

Zinnwald is an advanced, integrated lithium project in the heart of Europe designed to produce a suite of value-added downstream battery-grade lithium products. With a DFS completed, a mine life of 30 years, which equates to < 50% of the current identified mineral resources, approved mining licence, strong economics showing a potential NPV of €428m, IRR of 27%, and 46% EBITDA margin, the Company aims to fast-track the project to production.

Location
The project is located 35 kms from Dresden in the heart of the European chemical and automotive industries on the border with the Czech Republic in an historic granite hosted Sn/W/Li belt. This developed area has historically been mined for tin, tungsten and lithium over the past 400 years and has good infrastructure, services, facilities, and access roads. Power and water supply are guaranteed from existing regional networks...



So a current market cap of just £30m for a company whose assets include a lithium project with an NPV of €428m!

[scrutable] 27/12/2021 15:27

The dramatic increase in Lithium price continues apace to Y261,500/T today. That was another Y2,500/T over Christmas and Y61,000/T increase during December: >30% in one month!!!!

Surely the Lithium mining shares should be showing an explosive upward adjustment??

[dmitribollokov] 24/12/2021 12:38

7m traded on half day of Christmas eve. Remarkable. Great to see, finally this share is in the spotlight. Merry Christmas all!

Edit. Heiken ashi has turned to buy, nice.

[bountyhunter] 24/12/2021 12:27

Agree Dmitri. Lithium prices have gone up dramatically while the share prices of the reduced number of Lithium companies on the LSE have gone down or nowhere. A market correction is overdue.
Happy Christmas to all here.

[dmitribollokov] 24/12/2021 12:21

Henry maxey et al not going to let this be taken for a song bounty. Any bid will have to be in 60s 70s at least. We’re a way off that atm, but i think this can accelerate quite quickly.

[woj1] 24/12/2021 10:47

Topped up this week but no more cash til 2022 so whilst I want this to go up - if it can wait till i get some more :-)
GLA for 2022 - and a civilised BB too.