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China Hastens the World Toward an Electric-Car Future.

https://mobile.nytimes.com/2017/10/09/business/china-hastens-the-world-toward-an-electric-car-future.html?referer=https://t.co/stdNXXwcdB?amp=1

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10-Oct-2017 13:22

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That is exactly what I am thinking 🤔 of!

risktaker ( Date: 10-Oct-2017 13:17) Posted:

Once resources upgrade.... i believe alliance n tawana will be approach from other parties....

Atom99 ( Date: 10-Oct-2017 13:09) Posted:

Bro
I am looking at ?Big?acquisition in hundreds of million of $$$

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10-Oct-2017 13:09

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Bro
I am looking at ?Big?acquisition in hundreds of million of $$$$

risktaker ( Date: 10-Oct-2017 12:56) Posted:

Already happen.... burwill brought a stake in alliance liao ma....

Atom99 ( Date: 10-Oct-2017 12:51) Posted:

On a serious note a merger or acquisition of AMAL is not too
far fetched.IM

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10-Oct-2017 12:51

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On a serious note a merger or acquisition of AMAL is not too
far fetched.IMO

RedEye1811 ( Date: 10-Oct-2017 12:45) Posted:

There is a whisper Kylo Ren may be after the Bald Hill lithium to power up his grandfather Darth Vader....if he buys stake then our investment be lost to a galaxy far far away...So perhaps good idea Skynet wins bidding to buy in...

rachellee ( Date: 10-Oct-2017 12:36) Posted:

I heard Skynet actually wants the lithium to power their new fleet of T-9000s too, and they' re manipulating Daenerys to get it for them

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10-Oct-2017 11:53

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WOW 😮 ! That is a piece of extremely good piece of announcement coming from you!
Thank You Very Much.Appreciated.I buy you coffee.

andychew.eh ( Date: 10-Oct-2017 11:47) Posted:

Good news ! I heard Temasek or GIC taking a stake in it ? Thst why TH. I negative say becos wanted to buy cheap mah. Still have 50% AM on contra

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10-Oct-2017 11:45

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Word of caution.Before you post any comments make sure you are very sure 120 percent of the time becos the members vested in this &ldquo baby&rdquo are very well informed and have all the latest updated information at there finger tip.All of the vested members Hv been following this &ldquo baby&rdquo for many months.
IMO.DYOR and DYODD.

Trebles ( Date: 10-Oct-2017 11:37) Posted:

Sorry my bad.

" Notwithstanding the above, the Board is of the opinion that the Company will continue as a going concern for, inter alia, the following reasons: (1) The management has assessed the Company&rsquo s financial position and cash flow forecast for the next twelve months and is satisfied that based on the ongoing discussions with relevant parties, they will be successful in securing additional funds through debt or equity issues to enable the Company to continue its operations and meet its obligations for the foreseeable future. Thus, it is appropriate to prepare the financial statements on a going concern basis (2) On 4 October 2017, the Company has entered into a subscription agreement (&ldquo Subscription Agreement&rdquo ) with Burwill Commodity Limited (&ldquo BCL&rdquo ), a wholly-owned subsidiary of Burwill Holdings Limited, a company listed on the Mainboard of the Hong Kong Stock Exchange, pursuant to which BCL has agreed to pay an aggregate of AUD19,575,000 to the Company in consideration for the subscription of an aggregate of 74,810,228 new ordinary shares in the capital of the Company to be allotted and issued in tranches to BCL, subject to the terms and conditions as stipulated in the Subscription Agreement. Please refer to the announcement released separately by the Company on the same day in relation to the Subscription Agreement. (3) BCL has also agreed, pursuant to the terms of a binding term sheet entered into between BCL and the Company dated 2 October 2017, to provide a secured loan amounted to A$4.8 million to the Company at an interest rate of 11% per annum. The Board (i) is in the opinion that sufficient information has been disclosed for trading of the Company&rsquo s securities to continue in an orderly manner and (ii) confirmed that all material disclosures have been provided for trading of the Company&rsquo s shares to continue."

risktaker ( Date: 10-Oct-2017 11:29) Posted:

Omg lol forum is really filled with rubbish contributors nowadays.... they didnt do reaearch impossible right they can dig out the below paragraph shows that they are following the news....

And yet they didnt know burwill has injected funds into alliances.... really rubbis

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10-Oct-2017 11:32

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risktaker ( Date: 10-Oct-2017 11:29) Posted:

Trebles ( Date: 10-Oct-2017 11:22) Posted:

" The Company&rsquo s cash flow forecast reflect that the Company will need to raise additional funds during the quarter ending 31 December 2017 to enable it to meet its committed and planned capital expenditure in the Bald Hill project and for on-going working capital requirements. The Directors are currently reviewing a range of financing options which may include further issue of new equity or obtaining new borrowings. The Directors have reviewed the company&rsquo s financial position and are satisfied that based on the ongoing discussions with relevant parties, they will be successful in securing additional funds through debt or equity issues and thus it is appropriate to prepare the financial statements on a going concern basis."

Could it be something to do with this?

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10-Oct-2017 10:30

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This chap is all over SJ.A chap who knows everything under the sun.However, jack of all &ldquo trade&rdquo but master of none.IMO.

hatetrollers ( Date: 10-Oct-2017 10:27) Posted:

True...it is better to stay away from this forum...this rubbish guy doesn' t have any esteem or common sense...

Atom99 ( Date: 10-Oct-2017 10:25) Posted:

Bro
Do NOT feed them with any information.They are using us to do the legwork for them and use it for their selfish means.IMO

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10-Oct-2017 10:25

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Bro
Do NOT feed them with any information.They are using us to do the legwork for them and use it for their selfish means.IMO.

RedEye1811 ( Date: 10-Oct-2017 10:18) Posted:

So when do the mining exploration license and permits of Bald Hill expiry then?

andychew.eh ( Date: 10-Oct-2017 10:16) Posted:

You are speakibg about yourself. Go read all your posts.

Anyway, mining exploration license and permits have expiry dates and need new approvals.

Go ask AM ceo during the agm

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10-Oct-2017 09:34

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Mitsubishi? Or a German company becos recently AMAL just sold approximately more 1000 Lbs to them?

risktaker ( Date: 10-Oct-2017 09:19) Posted:

Tantalum offtake@@

amlithiumpower ( Date: 10-Oct-2017 09:16) Posted:

Pending announcement. Morning released offtake and project update at 8.24am. Then halted at 9.01.11am after 769 lots traded.
Just check Tawana. their side no halted. Maybe it' s related to another mineral offtake? Ha..

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10-Oct-2017 09:12

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Bro
&ldquo let him own self sing 🎤 own self shiok &ldquo
Refrain from rebutting this chap.Need a dose of Lithium ... becos got PHD.

hatetrollers ( Date: 10-Oct-2017 09:05) Posted:

It is really the time to report this idiot to the administrator..

andychew.eh ( Date: 10-Oct-2017 08:59) Posted:

1. Now without a single lithium commercially mined and exported, market cap of AM close to $200 mil.
So 50% in BH Project now Bald Hill Project already valued closd to $400 mil . Mining have cost: operational, eviromrnental handling, capex, and logistics and shipping . Note : if AM CANNOT deliver 5.5% grade concentrate shipment, they must compensate with 2 x less than 5.5% grade shipments
Means ?
They also not very sure if mining report vs actual mining is it lithium a lot ?

2. Jonathan Lim may be offloading soon. Read below.

Most important of all :

Jonathan Lim & wife hold tonnes of shares to offload. If share price stays below 50 cts, they have everything to gain as they pocket thr different (50 cts - avg wt share price).

If shareholders rush to buy in, they are only benefiting both Jonathan Lim and CEO. Why ?

Jonathan can cash out some (as he has tonnes of shares thaf can offload) at the higher prices pushed and helped by retailers. Double Win as by suppressing the share price, he can pocket the difference (50 cts - avg wt ) .

Assuming if retailers very generous and help pushed the share price above 50 cts before 24 Oct, CEO will gain as no need to pay the difference. What then after that ? After 24 Oct ?
AM share price will plunge as BBs will offload .

So no matter how I look it , well played by the BBs.

It is Win Win for BBs.

Retailers will be the one "paying" or " footing the bills" to help both Lim and CEO.

Push up , Lim will cash out some. From 8 cts to 40 cts is 500% returns to 50 cts is close to 700% returns. By cashing a bit and suppressing a bit, he wins both ways .... remember he gets to pocket thd difference ? ( 50 cts - avg wt price)

If the whole thing is so good, I cannot recall CEO or other SSH buying or adding more shares from Open Market even when share price was below 25 cts

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10-Oct-2017 09:04

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Shortists, didn&rsquo t I warned you yesterday?

amlithiumpower ( Date: 10-Oct-2017 09:02) Posted:

Halted

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09-Oct-2017 22:45

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This expert is always talking about SQM and Gangfeng. Anyway, good to read all the experts comment and at least have we can feel the ' pulse' of where Lithium is heading. All indication points to significant demand of Lithium world wide.

Death of gas and diesel begins as GM announces plans for &lsquo all-electric future&rsquo
https://www.washingtonpost.com/news/innovations/wp/2017/10/02/death-of-diesel-begins-as-gm-announces-plans-for-all-electric-future/?utm_term=.05ea2f1e0df0

furnaces ( Date: 09-Oct-2017 22:33) Posted:

Don't need to listen to Joe Lowry. He is heavily vested in Pilbara Minerals and Altura Mining, so he kept promoting them. Matt Bohlsen from seeking alpha is better and gives more balanced views

Atom99 ( Date: 09-Oct-2017 21:36) Posted:

Even though AMAL is getting closer,about approximately six months, to Lithium production,this ' baby' is still not mentioned by this so called " Leading Lithium market expert" !Why

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09-Oct-2017 22:16

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I was thinking of setting up a chat group,using " What app" for liked-minded people when we meet up at the coming AMAL AGM.
Primarily for information sharing and discussion among the group rather than over SJ.Too much ridiculous,ill-advised and ilogical comments were posted here IMO
Any comment from liked-minded members?

Atom99 ( Date: 09-Oct-2017 21:36) Posted:

Even though AMAL is getting closer,about approximately six months, to Lithium production,this ' baby' is still not mentioned by this so called " Leading Lithium market expert" !Why?

Atom99 ( Date: 09-Oct-2017 20:31) Posted:

" That said the best days for lithium are in the future no matter what other &ldquo flavors of the day&rdquo emerge."

Lithium 2018 - An Early Look

Published on Published on9/10/2017

Joe Lowry

Following Following Joe Lowry

One of the World' s Leading Lithium Market Experts

I know Q4 just started so why am I writing about 2018 already? The bottom line is I think 2018 will dwarf prior years in terms of meaningful events happening in the lithium cosmos. Many significant open issues &ndash among them:

· How serious are ALB&rsquo s often masked issues in the Atacama? Spoiler alert: weather isn&rsquo t the problem. The LaNegra II production volume in 2018 is critical for Cool Hand Luke.

· CORFO & SQM &ndash resolution of open issues hopefully clearing the way for SQM to expand the Atacama beyond their current plan with a reasonable royalty.

· How fast can financed juniors (PLS/AJM) get into production?

· Development of new projects in Argentina beyond Cauchari.

· EV sales growth trend.

· Does FMC do a spin-off and get their lithium assets into more competent hands?

First a flashback to my January 17th post which mentioned what I thought were key themes for the lithium industry in 2017:

1) the need for consolidation and alliances

2) the rise of Argentina as the next great lithium province joining Chile and Australia.

So, what happened?

We saw three important projects (one in Argentina and two in Australia) funded and progressing. Probably more importantly we saw SQM make it clear the lithium &ldquo by-product&rdquo mentality is gone and they are &ldquo all in&rdquo on being the world&rsquo s foremost lithium company by expanding in the Atacama, moving forward at Cauchari and investing in hard rock in Australia via a deal with KDR.

On the other side of the world we saw Ganfeng benefit from their ownership in Mt Marion and make additional investments in Argentina (Cauchari) and Australia (Pilbara). Ganfeng is no longer dependent on others for raw material and has a real shot at becoming #1 or #2 in total LCE production.

DSO proved how wrong poorly informed analysts can be. The predicted price crash never happened and prices moved up to prior highs.

SQM and Ganfeng are clearly in position to eclipse the uneasy &ldquo allies&rdquo , ALB and Tianqi. in both production and global influence in the coming half decade. No I don&rsquo t think Luke and company or Tianqi are going to rollover but I do believe SQM, Ganfeng and their affiliated companies have better operations and projection execution abilities that will be key to bringing the Lithium Age into full bloom.
Ok &ndash so maybe my themes for 2017 were kind of obvious rather than great insight. Let&rsquo s a take a look at 2018.

What happens at Galaxy in 2018 is significant. The Perth based company is in the process of moving ahead of FMC in LCE production from Mt Cattlin production alone but in my opinion their real future lies in developing the Sal de Vida brine projection. Beyond that they also have another hard rock resource at James Bay in Quebec. Do they partner or go it alone? One next year&rsquo s more interesting questions.

FMC is currently the clear leader in the second tier of lithium companies. Although they have slipped to number 6 in LCE production, Hombre Muerto is a significant asset producing high quality carbonate and chloride. Unfortunately, the current management only puts out &ldquo teasers&rdquo about expanding the resource in Argentina rather than actually moving forward. Their ill-conceived hydroxide strategy (aka &ldquo The House of Card&rdquo ) to expand to 30K MT without access to feedstock for the majority of the new capacity is increasingly viewed by the battery world as a significant misstep by the former global hydroxide leader. Hopefully their &ldquo on again-off again&rdquo spin-off talk results in new leadership that moves this fading lithium business forward.

Nemaska still requires massive funding to move forward with a commercial size plant. I like the idea of new technology in hydroxide but their current struggle to bring just a 500 MT plant online with on spec crystallized product rather than just a hydroxide solution they can ship to neighbor Johnson Matthey is question that needs be answered hopefully in early 2018. New technology always takes time &ndash taking a wait and see attitude on Nemaska. Don' t look for production > 10K MT in this decade.

The North American Lithium saga drags on. A tainted Chinese SOC owner has been a barrier to several US based investors wanting to bring proper corporate governance to the mess north of the border. Despite China battery giant CATL curiously throwing a lifeline to entrenched management, any former optimism I had for NAL is gone. But then again, you never know.

It is beyond the scope of this post to mention every junior so please don&rsquo t send me a private message asking why I didn&rsquo t mention Bolivia, Portugal, etc, etc. I will be clear on one point &ndash the Congo is not going to become the new Saudi Arabia of Lithium

In 2017, we saw people finally believe that rapid lithium demand growth is real and the future debate will be on things like speed of EV penetration (spoiler alert &ndash I am still on the low end at < 5% but even with that lithium demand in 2025 is 3X demand in 2016.

I can&rsquo t write about 2018 without giving Elon his due. Clearly Tesla&rsquo s aspirational production goal of 500K cars in 2018 isn&rsquo t going to happen when they are currently making the model 3 literally by hand. Likely Tesla will be forgiven for the continued misses and remain an important story but the recent announcements by German automakers regarding massive investments in electric models and batteries will be more significant to the lithium world going forward. Who knows if VW will really invest $84 billion as they recently stated but it is clear electrification is going mainstream. Based on my recent expert calls, it seems automakers finally realize they may have to finally make investments in lithium resources. Unfortunately, it takes huge bureaucracies a long time to make decisions but it seems the review process has started in earnest.

Next year is going to be an extremely interesting one in the lithium world with ramp-ups to follow including the ongoing sagas of LaNegra II and ORE as well as the projects in Oz and the matching capacity in China. Hopefully SQM will put their CORFO issues behind them and be able to focus on the projects they have in three countries.

My expectation is Galaxy will have either financed or done a partnership deal to move Sal de Vida forward. I am more doubtful about the goings on in Quebec. On the demand side, although I am increasingly bullish on the electric transportation story my numbers still tend to be conservative.

Many pundits said 2016 was the year of lithium and 2017 would be the year of cobalt. I tend to ignore such musings given my total focus is lithium related matters. That said the best days for lithium are in the future no matter what other &ldquo flavors of the day&rdquo emerge.

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