Van beleggers
voor beleggers
desktop iconMarkt Monitor

Inloggen

  • Geen account? Registreren

Wachtwoord vergeten?

Ontvang nu dagelijks onze kooptips!

word abonnee

Lithium

586 Posts
Pagina: «« 1 ... 25 26 27 28 29 30 »» | Laatste | Omlaag ↓
  1. forum rang 6 MisterBlues 26 april 2022 07:33
    26 April 2022

    Sayona Mining Limited has lodged the following announcement with the ASX:
    "New Lithium Pegmatite Discovery at Moblan Project"


    Highlights

    • Discovery of a significant new southern lithium pegmatite zone at Moblan Lithium Project, Québec

    • Highlights include 5m @ 1.85% Li2O from 3.5m and 35m @ 1.62% Li2O from 27.6m in hole DDH135 together with 6.6m @ 1.69% Li2O from 2.1m and 27.2m @ 1.53% Li2O from 22.0m in hole DDH136; mineralisation at shallow, 60m vertical depth, open in all directions and near main Moblan deposit

    • Results demonstrate potential for a northern hub to add to Sayona’s established Abitibi lithium hub, as the Company further strengthens its leading lithium (spodumene) resource base in North America.

    Emerging lithium producer Sayona Mining Limited (ASX:SYA; OTCQB:SYAXF) has received positive drilling results from its Moblan Lithium Project in northern Québec, with the discovery of a new southern lithium pegmatite zone near the main Moblan deposit. Sayona has a 60% interest in this area.

    Assay results from two holes, completed at the newly defined Moblan South Discovery, have identified lithium mineralisation at shallow depth, located some 200m south of the main Moblan deposit. Results include 5m @ 1.85% Li2O from 3.5m and 35m @ 1.62% Li2O from 27.6m in hole DDH135 together with 6.6m @ 1.69% Li2O from 2.1m and 27.2m @ 1.53% Li2O from 22.0m hole DDH136.

    The Moblan South Discovery is a new and distinct spodumene pegmatite zone, open in all directions. The drill holes form part of a 35 hole, 4,683m diamond drill program recently completed at Moblan. Assay results for other drill holes are pending, with a follow-up drilling program planned as soon as possible.

    Sayona’s Managing Director, Brett Lynch said: “These results are excellent, demonstrating the quality of the Moblan Lithium Project and highlighting the potential for a significant resource expansion.

    “Moblan is set to form the basis of a major northern hub for Sayona in Québec, complementing our established Abitibi lithium hub in the south and adding to our position as holding the leading lithium resource base in North America."
  2. forum rang 7 nine_inch_nerd 26 april 2022 13:07
    Electra Approved to List on Nasdaq Capital Markets; Management to Ring the Closing Bell
    Electra Battery Materials Corporation (TSX-V: ELBM; OTCQX: ELBMF) (“Electra”) today announced that the Nasdaq Stock Market LLC has approved the listing of Electra’s common shares on the Nasdaq Capital Market (“Nasdaq”). Electra will commence trading on Nasdaq on April 27, 2022, under the ticker symbol “ELBM”. Electra’s common shares will continue to trade on the TSX Venture Exchange (TSX-V) under the symbol “ELBM”.

    “Listing on the Nasdaq is a significant milestone for Electra and a natural next step in the evolution of the Company,” said Mr. Trent Mell, CEO. “With the heightened interest in electric vehicles, decarbonization, critical minerals and onshoring supply chains, we felt it was important to increase our presence in our primary market for our ultra low carbon battery materials. We are pleased to offer our shareholders the ability to trade on a major U.S. exchange and the expected increase in liquidity will support our Company well over the long-term. We look forward to introducing Electra to a new and larger investor base.

    “Phase 1 of Electra’s Battery Materials Park involves the commissioning of North America’s first battery grade cobalt refinery in December of this year. Funding was secured in 2021 to take the hydrometallurgical refinery through construction and into commissioning.”

    Concurrent with the commencement of trading on Nasdaq, Electra’s common shares will cease trading on the OTC Markets. Shareholders are not required to take any action. Electra recommends that investors who bought shares on the OTC Markets monitor their brokerage accounts to ensure their holdings are updated to correctly reflect the new ticker symbol.

    Electra to Ring Nasdaq Closing Bell

    Management will participate in a closing bell ceremony at the Nasdaq Stock Market on Wednesday, April 27, 2022 from 3:45 p.m. to 4:00 p.m. ET, in celebration of its listing. Trent Mell, CEO, will ring the Closing Bell alongside members of Electra’s team.

    The bell ringing event can be viewed on Nasdaq.com live stream at: livestream.com/accounts/27896496/even...
  3. forum rang 7 nine_inch_nerd 29 april 2022 11:54
    EcoGraf Limited (“EcoGraf” or “the Company”) (ASX: EGR) is pleased to release its activities and cash flow reports for the three months ended 31 March 2022
    QUARTERLY ACTIVITIES REPORT
    ASX: EGR
    AUSTRALIAN GOVERNMENT CONDITIONALLY APPROVES US$40M EXPANSION LOAN FOR HFFREE BATTERY ANODE MATERIAL FACILITY

    www.ecograf.com.au/wp-content/uploads...
  4. forum rang 7 nine_inch_nerd 29 april 2022 11:58
    Emerging lithium producer Sayona Mining Limited (ASX:SYA; OTCQB:SYAXF) has expanded its Québec lithium asset base while advancing its Western Australian projects, in another positive quarter of growing market value for the Company in the period ending 31 March 2022.
    sayonamining.com.au/wp/wp-content/upl...
    themarketherald.com.au/sayona-mining-...
  5. forum rang 6 MisterBlues 30 april 2022 10:11
    Syrah Resources Limited (ASX:SYR) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's forecasts. The analysts have sharply increased their revenue numbers, with a view that Syrah Resources will make substantially more sales than they'd previously expected. Syrah Resources has also found favour with investors, with the stock up a worthy 15% to AU$1.99 over the past week. It will be interesting to see if today's upgrade is enough to propel the stock even higher.

    Following the upgrade, the current consensus from Syrah Resources' dual analysts is for revenues of US$134m in 2022 which - if met - would reflect a huge 363% increase on its sales over the past 12 months. Before the latest update, the analysts were foreseeing US$122m of revenue in 2022. It looks like there's been a clear increase in optimism around Syrah Resources, given the solid increase in revenue forecasts.

    We'd point out that there was no major changes to their price target of AU$1.58, suggesting the latest estimates were not enough to shift their view on the value of the business. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values Syrah Resources at AU$1.75 per share, while the most bearish prices it at AU$1.40. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or that the analysts have a clear view on its prospects.

    These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Syrah Resources' past performance and to peers in the same industry. It's clear from the latest estimates that Syrah Resources' rate of growth is expected to accelerate meaningfully, with the forecast 4x annualised revenue growth to the end of 2022 noticeably faster than its historical growth of 34% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 1.1% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Syrah Resources is expected to grow much faster than its industry.

    The Bottom Line

    The highlight for us was that analysts increased their revenue forecasts for Syrah Resources this year. The analysts also expect revenues to grow faster than the wider market. Given that analysts appear to be expecting substantial improvement in the sales pipeline, now could be the right time to take another look at Syrah Resources.

    Analysts are definitely bullish on Syrah Resources, but no company is perfect. Indeed, you should know that there are several potential concerns to be aware of, including a short cash runway.
  6. forum rang 6 MisterBlues 30 april 2022 10:28
    Giyani Metals Corp.

    TORONTO, April 25, 2022 (GLOBE NEWSWIRE) -- Giyani Metals Corp. (TSXV:EMM, GR:A2DUU8) ("Giyani" or the "Company"), developer of the K.Hill manganese oxide project (“K.Hill Project”) in Botswana, is pleased to announce handover of the process flowsheet for the K.Hill Project.

    Highlights


    Design of process flowsheet, developed by Coffey Geotechnics Ltd., a Tetra Tech Inc. company (“Tetra Tech”), completed and accepted by a specialist hydrometallurgical engineering firm (“Engineering Firm”).

    The Engineering Firm to use the process flowsheet to provide basis for the engineering of a demonstration plant (“Demo Plant”), capable of producing high-purity manganese sulphate monohydrate (“HPMSM”) for testing by potential offtakers, to be constructed during 2022.

    In January 2021, the Company appointed Tetra Tech to develop the process flowsheet to produce HPMSM directly from Giyani’s manganese oxide ore as part of the feasibility study on the K.Hill Project (“FS”) and to be used in the concept design of the Demo Plant. Having overseen the metallurgical testwork program and process flowsheet development, Tetra Tech has completed the process flowsheet and submitted it to the Company and the Engineering Firm.

    Following a detailed review of technical parameters and design objectives, the Engineering Firm has confirmed acceptance of the process flowsheet as the basis for the engineering of the Demo Plant, which is anticipated to be capable of producing approximately 600kg per day of HPMSM crystals, used in the manufacturing of lithium-ion battery (“LiB”) cathodes. The Company has already placed an order for one crystalliser unit of the Demo Plant and, following formal engagement, the Engineering Firm will commence construction.

    The Demo Plant will provide material to potential customers for quality testing, with the first shipments expected in 2023. The final HPMSM product will have a target quality specification developed from discussions with a number of the world’s largest battery makers and electric vehicle (“EV”) companies. As the Company advances towards first production from the Demo Plant, it has continued its discussions with various EV and LiB manufacturers as well as strategic international marketing groups with regard to future offtake and potential financing options.

    Robin Birchall, CEO of the Company, commented:

    “It has taken meticulous work to get to this stage and it is very pleasing to announce another significant milestone in our journey to becoming a responsible, sustainable and low-carbon producer of HPMSM, a critical material to the EV transition.

    The flowsheet is the heart of our K.Hill Project and successful handover of the design by our specialist engineers means both the FS and the Demo Plant have taken another major step towards completion. We have set ourselves the goal of producing HPMSM of the highest possible quality with the lowest possible carbon footprint and this is reflected in the design which we have developed, but we will continue to look to improve our process as we move towards the production phase.

    Meanwhile, the list of LiB manufacturers and EV companies evaluating our project continues to grow. The K.Hill Project is one of the very few new HPMSM projects in development globally and offers buyers on all continents the rare opportunity to secure their cathode material supply chain with a responsible source with the added advantage of diversifying from China as the current dominant producer.”
  7. forum rang 7 nine_inch_nerd 5 mei 2022 08:53
    Electra Battery Materials Corp (ELBM) wordt genoemd. Sayona Mining Ltd (SYA) niet, maar je kunt je indenken dat zij hier een grote bijdrage in zullen hebben.

    Canada in ‘active discussions’ with EV supply chain companies

    Champagne did not name the companies, only saying he spoke to representatives of Volkswagen last week, and has recently talked to executives from companies in the United States, Japan and Korea.

    Canada is urging critical minerals producers and processors to scale up production. It has invested in EV projects through a multi-billion dollar fund set up in 2020, and last month pledged C$3.8 billion ($3 billion) over eight years to help boost the production and processing of critical minerals used for EVs.

    Canada and the United States want all sales of passenger vehicles to be zero emissions by 2035.

    In March, Stellantis, the parent of Jeep and Chrysler, said it would build an EV battery JV with South Korea’s LG Energy Solution in Windsor, across the border from Detroit, which Champagne called a “watershed moment.”

    Blessed with key minerals

    The government has met with industry players to establish a strategy it hopes will make Canadian minerals, like lithium, cobalt and nickel, key to EV production in North America, according to chief executives in the sector and the minister.

    The plan will be completed this year, government sources said without providing details.

    It could not happen fast enough. Electric carmakers Rivian Automotive Inc and Tesla this year warned of future battery supply constraints due to a lack of raw materials.

    Canadian critical mineral miners like Nouveau Monde Graphite Inc, Nemaska Lithium Inc, Electra Battery Materials Corp, and Avalon Advanced Materials Inc want to meet the demand.

    Nouveau Monde aims to scale up its production of graphite-based anode material to 45,000 tonnes per year by 2025, according to a spokeswoman.

    Nemaska is focusing on construction of its Whabouchi lithium mine in Quebec and a conversion plant, with the aim of producing about 34,000 tonnes per year, CEO Spiro Pippos said.

    Electra is expanding a refinery for battery-grade cobalt and nickel sulfate in Temiskaming Shores, Ontario, and aims to produce materials needed for lithium-ion batteries by 2025, according to CEO Trent Mell.

    Avalon, which plans to refine lithium in partnership with a unit of India’s Essar Group in Thunder Bay, Ontario, said support from different levels of government was key.

    “What we’ve needed all along is to show the potential end-users in the manufacturing space that the province is willing to help create the supply chains on the critical materials they need in their technologies,” Avalon CEO Donald Bubar said.

    But BHP Group Ltd, the world’s largest listed miner that moved its copper and nickel exploration offices to Toronto last year, needs help to meet emissions targets in order to deliver critical minerals.

    “When I look at Canada, I think net zero by 2050 is fantastic, but I’ve got a bigger challenge,” Rag Udd, BHP’s president of Minerals Americas, said on Monday in Toronto. “How do we get those (low-emission) power sources? How do we work with the provinces to actually induce that?”

    William Adams, head of battery materials research at British commodities price reporting group Fastmarkets, has been warning of mineral shortages if production is not scaled up.

    “Canada is blessed… It’s got nickel, it’s got cobalt, and it’s got lithium,” Adams said. “But like everywhere else, it needs a lot more investment in all these projects.”
  8. forum rang 7 nine_inch_nerd 5 mei 2022 13:00
    3 Impressive Lithium Stocks Flying Under Wall Street’s Radar
    Thu, May 5, 2022, 1:00 AM
    Over the past few months, oil and commodity markets have been taking out fresh highs after the shuttering of Ukrainian ports, sanctions against Russia, and disruption in Libyan oil production sent energy, crop, and metal buyers scrambling for replacement supplies. Russia is one of the world's biggest exporters of key raw materials, from crude oil and gas to wheat and aluminum, and the possible exclusion of supplies from the country due to sanctions has sent traders and importers into a frenzy.

    Base metals prices have been coming off recent highs (and in the case of aluminum, copper and tin, all-time highs) set earlier in the month that were spurred by fears over the potential for disruption to Russia’s metal exports following its invasion of Ukraine. Broad-based supply concerns remain, ranging from the potential for sanctions targeting exports, to actual output disruption and logistical dislocations (see ‘Implications of the Russia-Ukraine crisis for metals’ for details).

    But the Ukraine crisis is only layering onto another more powerful trend: the global transition to low-carbon energy.

    The energy transition is driving the next commodity supercycle, with immense prospects for technology manufacturers, energy traders, and investors. Clean energy technologies require more metals than their fossil fuel-based counterparts, with prices of green metals projected to reach historical peaks for an unprecedented, sustained period in a net-zero emissions scenario.

    But few, if any, green metals have witnessed a price explosion as epic as that of lithium.

    After more than quadrupling in value last year, lithium carbonate continues to soar in 2022 according to Benchmark Mineral Intelligence.

    The rally in lithium hydroxide, used in high-nickel content cathode manufacture, is accelerating, up 120% so far this year, narrowing the discount to lithium carbonate, which historically is priced below hydroxide.

    Benchmark says that Chinese inventory levels for hydroxide, carbonate, and spodumene feedstock remain very low, sustaining the high price environment. Many investors who got burned by the last lithium price bust of 2018 have probably been watching on the sidelines, not sure what to make of the current mega-rally.

    Related: Norway Plans Record Gas Volumes For Europe

    To be fair, China's spot market, where small tonnages can have big price impacts, may be accentuating the scale of this mega-rally, but make no mistake about it: this is no false flag, with everything from mined spodumene to high-purity hydroxide, and every component of the lithium processing chain experiencing a wild price surge. The price explosion tells you that lithium supply is simply nowhere near enough to feed this demand surge.

    With earnings season here with us again, the famous lithium trio of Sociedad Química y Minera de Chile S.A. (NYSE:SQM), FMC Corporation (NYSE:FMC) and Albermale (NYSE:ALB) will be heavily scrutinized. However, only SQM has really impressed with a 51.4% return so far this year, with FMC and ALB returning 9.9% and -12.7%, respectively, over the timeframe. The three companies are some of the largest in the business, with SQM boasting a $21.1B market cap, FMC is worth $16.7B while ALB is valued at $22.6B.

    Luckily, scores of lithium juniors have been responding more readily to the lithium price boom. Here are some that have been outstanding so far this year.

    #1. Lithium Energy Exploration Inc.

    Market Cap: $14.7M

    YTD Returns: 328.6%

    Headquartered in Toronto, Canada, Lithium Energi Exploration Inc. (OTCPK:LXENF)(TSXV:LEXI) engages in the acquisition, exploration, and development of lithium brine assets in Argentina. The company holds interests in the Laguna Caro project that includes eight mineral concessions covering approximately 17,759 hectares; the Antofalla North project that consists of thirteen mineral concessions covering approximately 41,496 hectares; and the Antofalla South project that includes eighteen mineral concessions covering 69,112 hectares in Argentina.

    Incorporated in 1998, Lithium Energi was formerly known as Portola Resources Inc. and changed its name to Lithium Energi Exploration Inc. in March 2017.

    Back in January, Lithium Energi Exploration announced that, under its JV Agreement with Global Oil Management Group, LLC ("GOMG"), implementation of exploration and development plans have been accelerating rapidly.

    LEXI reported that it’s a 20% non-dilutable stakeholder in the JV and that development is slated to commence immediately, with the Sorcia Group owning the exclusive license to utilize the International Battery Metals Ltd’s (OTCPK:BATF) technology in Argentina and Chile. IBAT further stated that it has substantially completed the construction of its first lithium extraction unit and the system modules are currently being heat traced and insulated with final assembly and testing to take place in March in the U.S. prior to deployment to South America.

    Related: Oil Prices Hit $110 As Europe Prepares To Ban Russian Crude

    #2. Sayona Mining Limited

    Market Cap: $1.6B

    YTD Returns: 111.1%

    Paddington, Australia-based Sayona Mining Limited (OTCQB:SYAXF), together with its subsidiaries, engages in mineral exploration and development in Australia and Canada. The company explores for lithium, graphite, and gold deposits. Its flagship project is the Authier Lithium Project located in Quebec, Canada. The company also holds a 60% interest in the Moblan lithium project located in Northern Québec.

    Last year, Sayona Mining reported that the Superior Court of Quebec approved its joint bid with Piedmont Lithium (NASDAQ:PLL) for the acquisition of North American Lithium, which owns a previously producing lithium project near Sayona's core Authier project.

    More than $400M had been spent on the project, which was operational and ramping toward nameplate production in 2018 but then was placed on care and maintenance due to weak lithium markets and a shaky capital structure.

    Sayona and Piedmont say they are proceeding with technical studies that would prepare for the integration of Sayona's Authier and Tansim projects with the facilities at NAL.

    #3. Frontier Lithium Inc.

    Market Cap: $578.6M

    YTD Returns: 76.1%

    Val Caron, Canada-based Frontier Lithium Inc. (OTCQX:LITOF) engages in the acquisition, exploration, and development of mining properties in Canada. The company primarily holds a 100% interest in the PAK Lithium project, which covers 1,378 contiguous mining claim units totaling 26,774 hectares located in northwestern Ontario, Canada.

    Frontier has forged a strategic partnership agreement with XPS Expert Process Solutions to develop a process to refine spodumene concentrate into lithium hydroxide. Further, Frontier Lithium owns 100% of the PAK Lithium Project, located in northwestern Ontario. This is a very high-grade spodumene resource with low iron and low impurities. The PEA post-tax NPV8% is estimated at US$974.6m based on producing 23,174tpa LiOH.

    By Alex Kimani for Oilprice.com

    More Top Reads From Oilprice.com:

    The U.S. Shale Patch Is Facing A Plethora Of Problems

    Europe May Lose The Energy Transition Race Before It Really Begins

    Upstream Oil Industry To See Highest Profits Ever In 2022

    Read this article on OilPrice.com
  9. forum rang 7 nine_inch_nerd 9 mei 2022 13:10
    TORONTO, ON – (May 9, 2022) – Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”) is pleased to announce that drilling at its cobalt-copper mineral project in Idaho has successfully extended mineralization by an additional 180 metres to the east of the current deposit as well as down dip from the eastern edge of the resource zone.

    electrabmc.com/electra-drilling-inter...
  10. forum rang 7 nine_inch_nerd 10 mei 2022 14:11
    Portofino Reports Airborne Survey Underway; Additional Claims Acquired - Allison Lake North Lithium Project


    Vancouver, B.C., May 10, 2022. PORTOFINO RESOURCES INC. (TSX-V: POR) (OTCQB: PFFOF) (FSE: POTA) (“Portofino” or the “Company”) is pleased to announce that it has engaged Prospectair Geosurveys to complete a high-resolution helicopter-borne magnetometer geophysical survey on the Allison Lake North property (the “Property”). The support crew has been mobilized and the survey is underway. The program comprises approximately 406 line-kilometers of airborne geophysical surveys with GPS controlled, 50-meter line separations in order to achieve quality definition of geological units and their structures. The objective of the survey is to identify structural weaknesses in the Allison Batholith that could potentially contain lithium bearing pegmatites. The resultant magnetic features will aid in the next phase of vectoring on the ground prospecting and mapping of those targets of high merit when combined with Portofino’s recent mapping and sampling programs.

    Portofino’s CEO, David Tafel comments; “The Allison Lake area is attracting significant exploration groups and expenditures and we are fortunate to be positioned in the middle of this fully staked, multi-company, battery mineral exploration region. We anticipate results of the airborne survey to be instrumental in guiding a 2nd stage follow on to our 2021 channel and grab sampling program which returned values that included up to 412 ppm Lithium and 1040 ppm Rubidium.”

    Mr. Tafel comments further; “The 2nd half of 2022 is ramping up to become a very exciting and active lithium exploration period for Portofino in northern Ontario, as well as in northern Argentina. We expect drilling to commence on our 100% controlled, Yergo project in Catamarca and field work will be initiated in neighbouring Salta province upon execution of a definitive agreement with the provincial resource entity (REMSA) enabling the Company to earn a majority interest in multiple lithium brine projects situated within the heart of the world-renown Lithium Triangle.”

    Acquisition of additional claims

    The Company also announces it has added to its Allison Lake North land package by acquiring 3 additional claims (33 cells). (Allison Lake North Location). The new claims are located contiguous to and west of the Property and are underlain by the Jubilee Lake sediment group that are known to host rare element pegmatites.

    The Allison Lake Batholith reportedly represents an important new exploration target for lithium and rare-element mineralization and is the largest such granite documented in Ontario (Ontario Geological Survey Open File Report 6099 “the OGS report”). A large area that follows the western to southwestern contact of the Batholith was identified in the OGS report as having high potential for discoveries of pegmatitic mineralization hosting lithium, beryl, tantalum, and other rare elements. The Allison Lake targets have been found to occur within the Batholith proper and also as “exocontact” metasedimentary-hosted pegmatites.

    To acquire the claims, Portofino has agreed to pay $2,000, issue 200,000 shares and to grant an 1.5% Net Smelter Returns royalty (the “Royalty”) to the claim holder. One-half (0.75%) of the Royalty may be repurchased at any time by Portofino for $400,000.

    About The Allison Lake North Property

    The Allison Lake North Property now comprises 7 claims (113 cells) totaling 2,286 hectares (ha) and is located 100 kilometers (“km”) east of the town of Red Lake in northwestern Ontario. Numerous lithium deposits have been delineated in northwestern Ontario and host significant reserves of lithium oxide- Li2O. The Property is accessible by well-established logging roads and a hydro-electric power line transects the claim group. The Property contains significant attributes that are key to the formation of lithium-bearing pegmatite dykes. It is positioned along the contact between the Allison Lake pegmatite granite batholith and the Jubilee Lake metasedimentary rocks of the Uchi Subprovince in northwestern Ontario. This important contact is now fully staked and subject to active exploration by multiple companies.

    Qualified Person

    The technical content of this news release has been reviewed and approved by Mike Kilbourne, P.Geo., who is a Qualified Person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.
  11. forum rang 7 nine_inch_nerd 11 mei 2022 12:23
    >>>>Trouwens voorbeurs +35%. Tesla link?<<<<

    Electra Battery Materials: Buy The Discount

    Electra found cobalt!

    Electra (NASDAQ:ELBM) announced today that it had intersected high-grade cobalt in its Idaho mining property. Of the latest drilling holes, five out of six intersected cobalt mineralization, increasing the area where high-grade cobalt is found. The company believes that mineralization extends both to the east and west.

    As expected, drill results on the eastern side of the deposit confirm that the mineralized system has considerable growth potential along strike and at depth. Additional drilling to the east of Iron Creek will target zones where the cobalt mineralization may thicken in structural traps.

    Dan Pace, Principal Geologist on May 9, 2022 press release

    This is great news for the company's vertically integrated strategy as it increases the likelihood that battery-grade cobalt will be eventually extracted from the Iron Creek project and provide feedstock for the refinery.

    Furthermore, this cobalt deposit is suitable for underground mining -- as opposed to the landscape-scarring open-pit techniques. This is good for the Electra eco-friendly brand because the mine's smaller footprint creates less disturbance of natural areas on the surface.

    The company intends to keep drilling in the area to keep mapping the deposit. Still, this discovery is contradicted by the day's decline in share price, which is most likely driven by broad-market selling. This is an opportunity to accumulate at a discount.

    Electra no longer a "venture issue"

    By listing on the NASDAQ, shares of the company are no longer a "venture issue" as defined by Canadian Continuous Disclosure Obligations (NI 51-102) and the company has filed noticed with the regulatory authorities on May 2.

    Confetti raining on company execs
    Electra rings the closing bell on the NASDAQ (Electra Better Materials)
    Becoming a non-venture issuer tightens reporting requirements, from filing deadlines for the company (for example by decreasing the number of days to file financial reports) to requiring many more disclosures for significant acquisitions, shareholder votes, and executive compensation.

    This bureaucratic filing is important because it upgrades to a company class that is more supervised but also more transparent. This improvement of the company's status makes it possible for a larger pool of institutional investors to buy in.

    New analyst coverage

    The company's growing profile attracted a new analyst. Jake Sekelsky of Alliance Global Partners initiated coverage on April 28 with a Buy recommendation and a target price of $14.08. This is above Matthew O'Keefe of Cantor Fitzgerald's price target of $13.30 who reiterated his Buy rating on April 26.

    Insider positions increase

    Electra CEO Mell Trent has been steadily increasing his position for years and has continued to add to it this quarter. He now is on record owning over 306,000 shares

    Chart of CEO's position in company
    Mell Trent's Position in Electra (Bloomberg)
    Electra recently lost its CFO, Ryan Snyder, who was poached by a senior miner. (Recall that Electra poached an executive from Vale recently, too.) While a CFO leaving the company can be a potential signal to also get out fast, this former executive has kept his 21,400 shares since leaving the company. It is also a logical exit point, having brought the company out of the pink sheets and into the NASDAQ and having ensured that the company has cash on hand to nearly complete the refinery. (The cash expansion occurred in 2021Q1 and 2021Q3. The company had CA$ 60.4 million at the end of 2021Q4.)

    Electra has a strong business plan and will become a key player in the electric vehicle value chain in North America. I look forward to following the Company's progress and will remain a long-term shareholder.

    Former CFO Ryan Snyder in April 21, 2022, press release

    Development steadily progressing

    The company now intends to complete a demonstration of bulk processing of 'black mass' -- shredded, spent batteries -- for recycling. It is also negotiating off-take agreements with partners for the lithium, copper, and graphite that are expected to be recovered from used batteries. This demonstration is scheduled for 2022Q3, just prior to the commissioning of the cobalt refinery.

    The cobalt refinery is coming along well despite supply challenges and the project is "currently on budget."

    Construction activity at the Refinery continues on schedule. COVID-19 restrictions in certain parts of the world as well as recent global geopolitical events are putting pressure on supply chains and development projects. Electra is closely monitoring and managing these risks with its equipment and services suppliers and thus far the project remains on schedule for commencement of commissioning late this year.

    Electra Battery Materials April 21, 2022, press release

    Conclusion

    The stock is getting dragged down with the broad market today but don't panic. And if you have the liquidity and risk allocation in your portfolio, use this opportunity to buy at a discount. The fundamentals of the company have mostly improved. Save for an executive departure, the company has found more high-grade cobalt on its Idaho property, it is emerging from the over-the-counter pink sheets to a "non-venture issuer" listed on the NASDAQ, a major global marketplace, and its flagship project is advancing well despite supply chain challenges. If it was a good buy mid-march, it's an even better buy today. Do +100bps to ten-year Treasurys really change your valuation of the only company in a major chokepoint for the North America EV supply chain?
  12. forum rang 7 nine_inch_nerd 12 mei 2022 09:44
    quote:

    DeZwarteRidder schreef op 12 mei 2022 06:57:

    [...]
    En dat is volkomen verdiend.
    Of je dat zo moet verwoorden, vind ik iets te heftig vernoemd, want alle beurzen/fondsen krijgen klappen, maar dat ze stevig onderuit zijn gegaan is een feit.
    Dat Rivian, Lucid, Canoo, Nikola deze klappen krijgen, is een beetje jammer dat ze deze nu pas krijgen, want toen ze de beurs op gingen was er nog geen auto die ze gemaakt hadden. Dat daar een hype was, was duidelijk.

    Maar EVs zijn niet te stoppen en wordt de standaard.
  13. forum rang 7 nine_inch_nerd 12 mei 2022 09:48
    Approval Update for Construction of EcoGraf HFfree™ BAM Facility
    High Purity HFfree Anode Material Products for the Global Lithium-ion Battery Market


    Fly-through of the Stage 1 new EcoGraf HFfree™ BAM Facility
    youtu.be/XcZ6Xbg9Jgo

    EcoGraf Limited (EcoGraf or the Company) (ASX: EGR; FSE: FMK; OTCQX: ECGFF) is pleased to provide an update on the Development and Works Approvals for its new EcoGraf™ Battery Anode Material (BAM) Facility in Western Australia.

    As the new development has received Project of State Significance status, facilitation is being provided by the Department of Jobs, Tourism, Science and Innovation to support Western Australia’s Future Battery Industry Strategy and the Diversify WA: Supply Chain Development Plan.
    The Development Approval process is managed by the City of Rockingham and involves assessment of the Company’s development application submitted at the end of January, a period of community consultation and preparation of a Responsible Authority Report for the regional Joint Development Assessment Panel.

    Public comments closed on 25 March and the Company has presented its plans to the Mayor and Chief Executive Officer of the City of Rockingham, providing an overview of the development and its importance to the extensive investment in new battery minerals processing facilities in the Rockingham-Kwinana Strategic Industrial Area, which will lead to significant job creation and economic growth in the region.

    The City of Rockingham has provided EcoGraf with feedback to the Development Approval submission and the Company will submit its responses by the end of the month, after which the City of Rockingham will meet to formally consider the proposal and make a recommendation to the Joint Development Assessment Panel.

    Works Approval processes are led by the Western Australian Department of Water and Environmental Regulation (DWER) and are conducted in parallel with the Development Approval program.
    Following initial consultation, DWER will undertake the assessment under the Western Australian Environmental Protection Act 1986. A review of the Company’s application has been completed by DWER and EcoGraf is currently engaging with DWER to support the evaluation and approval process.

    The new EcoGraf HFfree™ BAM Facility is located in an established industrial precinct that’s been designated as a priority zone for the development of a globally leading battery minerals processing centre and the land on which it will operate is being leased to the Company by the State Government land agency DevelopmentWA.

    In conjunction with the Development and Works Approvals activities, preparations have commenced for undertaking initial site works comprising earthworks, pads, drainage facilities, access roads and installation of underground electrical, gas, water and sewerage services. As part of this phase, EcoGraf has appointed global consultancy Turner & Townsend International to assist with the execution of the project implementation program.
  14. Sprinterke 14 mei 2022 22:07
    quote:

    DeZwarteRidder schreef op 14 mei 2022 13:39:

    Gezien de hoge lithiumprijzen is het erg vreemd dat ik geen geld krijg voor mijn oude lithiumbatterijen.

    Een loodbatterij levert 50 cent per kg op.
    Lithium blijft tot op vandaag een relatief goedkope grondstof. Het is vooral nickel, cobalt, koper,... die batterijen duur maken. Dat is ook de reden dat, ondanks de stijgen van lithium met meer dan 500 %, batterijen nog steeds relatief betaalbaar zijn.

    Een verdere stijging van de andere grondstoffen zal minder verteerbaar zijn.
586 Posts
Pagina: «« 1 ... 25 26 27 28 29 30 »» | Laatste |Omhoog ↑

Meedoen aan de discussie?

Word nu gratis lid of log in met je emailadres en wachtwoord

Direct naar Forum

Indices

AEX 702,28 +1,37%
EUR/USD 1,0729 0,00%
FTSE 100 7.585,46 +0,27%
Germany40^ 14.500,30 +1,89%
Gold spot 1.853,65 0,00%
NY-Nasdaq Composite 12.131,13 +3,33%

Stijgers

VIVORY...
+9,09%
ASML
+4,70%
CM.COM
+4,54%
BESI
+4,32%
MAJORE...
+3,76%

Dalers

Van La...
-8,55%
OCI
-5,41%
AIR FR...
-3,54%
Kendrion
-2,97%
ASR Ne...
-2,58%

Lees verder op het IEX netwerk Let op: Artikelen linken naar andere sites

Gesponsorde links