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Last round of funding.... at 33c or 35c? To who? Interesting.... a strategic investor will be great.... :)
HKLim6 ( Date: 18-Oct-2017 07:12) Posted:
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Rights is only bad for TAW sp. It might be a bonus for AMAL since it will remove doubts about the overall project funding.
papayaface ( Date: 18-Oct-2017 07:18) Posted:
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7 morning 8 morning... got brush your teeth or not?Bad breath!
papayaface ( Date: 18-Oct-2017 07:18) Posted:
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Best case I hope is investments by insto or Automakers/battery makers.
Omg. No wonder yesterday TAW and AMA kena shot down. Must be not so good news, buyers beware. AMA can' t react today since is also technically TH cos today no trading day. Good luck
HKLim6 ( Date: 18-Oct-2017 07:12) Posted:
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Pending announcement on the funding of the project. Could be rights issue.
Atom99 ( Date: 18-Oct-2017 07:08) Posted:
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It's for the remaining funding for Tawana for the Bald Hill Project. After which the entire project will be fully funded.
No more potential negative news holding Tawana back.
No more potential negative news holding Tawana back.
Alvin2042 ( Date: 18-Oct-2017 07:01) Posted:
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Alvin
sorry didn&rsquo t saw your post.
sorry didn&rsquo t saw your post.
Alvin2042 ( Date: 18-Oct-2017 07:01) Posted:
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Trading Halt at TAW!!!!
Atom99 ( Date: 17-Oct-2017 23:45) Posted:
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Tawana trading halt pending announcement.
A compilation of some of the Lithium miners...
http://www.pilbaraminerals.com.au/site/content/
http://www.galaxyresources.com.au/
http://kidmanresources.com.au/
http://www.mineralresources.com.au/mrl-mining/lithium.html
http://www.sqm.com/en-us/acercadesqm/recursosnaturales/salmuera.aspx
http://www.latinfinance.com/Article/3747286/Argentina-pushes-lithium-mining-investments.html#/.Wa06crkUkuS
Atom99 ( Date: 17-Oct-2017 23:05) Posted:
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WATCH: one of the founding fathers of the lithium ion battery, Dr Stan Whittingham
https://www.youtube.com/watch?v=pvE9RzVOs_g
https://www.youtube.com/watch?v=pvE9RzVOs_g
Atom99 ( Date: 17-Oct-2017 22:13) Posted:
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Benchmark to testify to US Senate on lithium ion battery supply chains
http://benchmarkminerals.com/benchmark-invited-to-testify-to-us-senate-on-lithium-ion-battery-supply-chains/
https://www.energy.senate.gov/public/index.cfm/hearings-and-business-meetings?ID=581D373C-4F6D-46A0-8048-5CDBBD4EB7C3
lithiumstory ( Date: 17-Oct-2017 21:45) Posted:
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Good read thanks for sharing! It is good to know what are the alternatives out in the market to make more informed decisions.
My take: sodium-ion battery has its place due to its low cost, so it can be very competitive when used to store large amount of energy at a fixed location, like grid energy storage. Electric vehicles today and in the near future never seem to get enough mileage, so as far as battery technology goes, lithium-ion is still the standard to beat. In fact, there are further progress for EV in terms of solid state battery (https://techcrunch.com/2017/07/25/toyotas-new-solid-state-battery-could-make-its-way-to-cars-by-2020/) The good news? It is still lithium based :D
My take: sodium-ion battery has its place due to its low cost, so it can be very competitive when used to store large amount of energy at a fixed location, like grid energy storage. Electric vehicles today and in the near future never seem to get enough mileage, so as far as battery technology goes, lithium-ion is still the standard to beat. In fact, there are further progress for EV in terms of solid state battery (https://techcrunch.com/2017/07/25/toyotas-new-solid-state-battery-could-make-its-way-to-cars-by-2020/) The good news? It is still lithium based :D
For those who has been following the lithlum development, so far most report is still favouring lithium. So at the industrial level it seems fine. My reservation is at the company level where AMAL price is disconnected from its existing fundmental by a mile.
Even comparing to TAW, it is, let alone GRand PIL.
Even comparing to TAW, it is, let alone GRand PIL.
The article at the following link provides some interesting reading (http://oilprice.com/Energy/Energy-General/The-New-Challenger-To-Lithium-Batteries.html). The article discusses the potential of sodium batteries as a competitor to lithium.
An interesting line is: " even the leader of the Stanford team, Zhenan Bao, says that in terms of performance, lithium-ion batteries may never be beaten. While the sodium battery is cheaper right now, its creators have yet to figure out how to keep it cheaper as they try to match lithium-ion batteries&rsquo storage capacity."
So whilst potential for a sodium battery they got a number of hurdles and as the lead researcher stated they (sodium batteries) may never beat the performance of lithium. Sodium battery may be cheaper but lack of performance perhaps gives long-term advantage to lithium. Worth a read to see all issues.
An interesting line is: " even the leader of the Stanford team, Zhenan Bao, says that in terms of performance, lithium-ion batteries may never be beaten. While the sodium battery is cheaper right now, its creators have yet to figure out how to keep it cheaper as they try to match lithium-ion batteries&rsquo storage capacity."
So whilst potential for a sodium battery they got a number of hurdles and as the lead researcher stated they (sodium batteries) may never beat the performance of lithium. Sodium battery may be cheaper but lack of performance perhaps gives long-term advantage to lithium. Worth a read to see all issues.
Dear WL123456. Since you are not invested in AMAL save your breath to warn investors. We have our opinions. You mentioned that you are a bz man therefore you should spend your time to research on those counters that you have invested in. Why you stick your neck out and kena .........?
Please ignore the trolls. Enjoy your Holiday. The share price will take care of itself.
RedEye1811 ( Date: 17-Oct-2017 19:20) Posted:
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Hahaha oh gosh I meant to request for " this morning reports" , not some 2016 articles. Jin paisey 
WL123456 ( Date: 17-Oct-2017 15:55) Posted:
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Busting The Lithium Bubble Myth
By Irina Slav - Oct 11, 2017, 3:00 PM CDT
Forget about oversupply of lithium, and ignore the naysayers. There?s no bubble here.
Everyone?s talking about electric cars, and lithium miners are getting more than a kick out of it. They?re enjoying share price rallies and better growth prospects, all thanks to boisterous demand-growth predictions.
Since lithium demand won?t stop growing, voices caution of a lithium bubble that will someday burst. But this year, the demand prospects for the abundant metal improved quickly and substantially, after the UK became the third European country after France and Norway to set a deadline for the phase-out of internal combustion engine vehicles, and after energy gluttons China and Indiaannounced similar plans.
These are long-term initiatives, with an equally long-term lithium demand. Throw in the slew of new EV project announcements from several big carmakers, and lithium?s future seems more than bright, as does the future of the companies that mine it.
Lithium miners are one of very few ways to gain exposure to the metal. There are no lithium futures yet, although there?s growing talk about changing this. There are lithium-focused ETFs comprised of a basket of miners and battery makers, and then there are the battery and EV makers themselves. However, with carmakers currently recording losses on their electric car projects, lithium miners seem to be the better bet?for now at least.
No wonder, then, that one of the leaders in lithium mining, Albemarle (NYSE:ALB), gained 28 percentover the last three months?outperforming the industry and adding a comparatively smaller but still hefty 12 percent in the period. The stock has accumulated gains of 60 percent since January, and its long-term earnings outlook looks better than good, with EPS seen to rise by 14.8 percent.Related: World?s No.1 Oil Trader: U.S. To See Final Oil Output Spike In 2018
Albemarle reported a 60-percent jump in adjusted EBITDA for its lithium and advanced materials division for the second quarter of the year to US$133 million, and now expects full-2017 lithium EBITDA to rise by more than 35 percent on the year. The company based its upbeat projection on growing demand and prices for battery-grade lithium products.
The miner and chemicals producer isn?t about to sit back and enjoy the higher prices, though. Last month, it asked the Chilean government to increase its production quota for the Atacama salt flat. Currently, Albemarle has a permit to mine 80,000 tons of lithium brine annually from the deposit. It wants to raise this to 125,000 tons, which would bring Albemarle?s total Chilean investment to $1 billion over the next five years. It will also involve the use of new technology that will boost production efficiency, allowing the company to extract more brine without any additional brine pumping.
Albemarle is also growing inorganically: in January, the miner completed the acquisition of Chinese Jiangxi Jiangli New Materials Science and Technology Co. Ltd.?s lithium operations for $145 million. The assets have a lithium salts production capacity of 15,000 metric tons annually, which Albemarle is already working to expand this by another 20,000-25,000 tons annually.
Albemarle has ambitious plans to grab 50 percent of the growth in lithium demand, and is wasting no time in pursuing this goal. Such a growth drive could spark worry under other circumstances, but the latest forecasts for lithium demand are point toward growth?and substantial growth at that.
Related: Aggressive OPEC Pushes Oil Prices Up
Market research provider Freedonia, for example, projects that lithium demand will grow by an annual rate of 8.9 percent until 2019, with EV batteries and energy storage systems driving the growth.
CRU, a UK-based consultancy, projects that lithium supply will grow sharply in the next five years, with new production hitting 25 percent of total supply by 2022. In absolute terms, lithium output is estimated to reach 500,000 tons by 2020, a more than twofold increase from the current rate of 200,000 tons. This is a massive growth rate, but EV production will grow, too?annual EV production is forecast to reach 500,000 cars by 2020.
That?s a half a million vehicles that will require lithium for their batteries, and while it?s true that the amount of lithium in same-name batteries is tiny compared to other metals that make up the pack, a half million EVs are just the beginning. The fight for competitive edge in the lithium industry will only intensify.
By Irina Slav for Oilprice.com
By Irina Slav - Oct 11, 2017, 3:00 PM CDT
Forget about oversupply of lithium, and ignore the naysayers. There?s no bubble here.
Everyone?s talking about electric cars, and lithium miners are getting more than a kick out of it. They?re enjoying share price rallies and better growth prospects, all thanks to boisterous demand-growth predictions.
Since lithium demand won?t stop growing, voices caution of a lithium bubble that will someday burst. But this year, the demand prospects for the abundant metal improved quickly and substantially, after the UK became the third European country after France and Norway to set a deadline for the phase-out of internal combustion engine vehicles, and after energy gluttons China and Indiaannounced similar plans.
These are long-term initiatives, with an equally long-term lithium demand. Throw in the slew of new EV project announcements from several big carmakers, and lithium?s future seems more than bright, as does the future of the companies that mine it.
Lithium miners are one of very few ways to gain exposure to the metal. There are no lithium futures yet, although there?s growing talk about changing this. There are lithium-focused ETFs comprised of a basket of miners and battery makers, and then there are the battery and EV makers themselves. However, with carmakers currently recording losses on their electric car projects, lithium miners seem to be the better bet?for now at least.
No wonder, then, that one of the leaders in lithium mining, Albemarle (NYSE:ALB), gained 28 percentover the last three months?outperforming the industry and adding a comparatively smaller but still hefty 12 percent in the period. The stock has accumulated gains of 60 percent since January, and its long-term earnings outlook looks better than good, with EPS seen to rise by 14.8 percent.Related: World?s No.1 Oil Trader: U.S. To See Final Oil Output Spike In 2018
Albemarle reported a 60-percent jump in adjusted EBITDA for its lithium and advanced materials division for the second quarter of the year to US$133 million, and now expects full-2017 lithium EBITDA to rise by more than 35 percent on the year. The company based its upbeat projection on growing demand and prices for battery-grade lithium products.
The miner and chemicals producer isn?t about to sit back and enjoy the higher prices, though. Last month, it asked the Chilean government to increase its production quota for the Atacama salt flat. Currently, Albemarle has a permit to mine 80,000 tons of lithium brine annually from the deposit. It wants to raise this to 125,000 tons, which would bring Albemarle?s total Chilean investment to $1 billion over the next five years. It will also involve the use of new technology that will boost production efficiency, allowing the company to extract more brine without any additional brine pumping.
Albemarle is also growing inorganically: in January, the miner completed the acquisition of Chinese Jiangxi Jiangli New Materials Science and Technology Co. Ltd.?s lithium operations for $145 million. The assets have a lithium salts production capacity of 15,000 metric tons annually, which Albemarle is already working to expand this by another 20,000-25,000 tons annually.
Albemarle has ambitious plans to grab 50 percent of the growth in lithium demand, and is wasting no time in pursuing this goal. Such a growth drive could spark worry under other circumstances, but the latest forecasts for lithium demand are point toward growth?and substantial growth at that.
Related: Aggressive OPEC Pushes Oil Prices Up
Market research provider Freedonia, for example, projects that lithium demand will grow by an annual rate of 8.9 percent until 2019, with EV batteries and energy storage systems driving the growth.
CRU, a UK-based consultancy, projects that lithium supply will grow sharply in the next five years, with new production hitting 25 percent of total supply by 2022. In absolute terms, lithium output is estimated to reach 500,000 tons by 2020, a more than twofold increase from the current rate of 200,000 tons. This is a massive growth rate, but EV production will grow, too?annual EV production is forecast to reach 500,000 cars by 2020.
That?s a half a million vehicles that will require lithium for their batteries, and while it?s true that the amount of lithium in same-name batteries is tiny compared to other metals that make up the pack, a half million EVs are just the beginning. The fight for competitive edge in the lithium industry will only intensify.
By Irina Slav for Oilprice.com