lithium miners

[percy]

GXY galaxy resources
lithium miner.
lithium used in batteries.
does any one follow this company our have views on other lithium miners?

[shasta]

GXY galaxy resources
lithium miner.
lithium used in batteries.
does any one follow this company our have views on other lithium miners?

Hi Percy

One company i like with a very promising advanced Lithium project is RDR

Another exploration company that has permits next to ADY's old Lithium project is ORE

Thats off the top of my head :)

[Huang Chung]

Black Fire Minerals (BFE).

Commencing exploration at their Karibib project in Namibia this year. Known hard rock lithium area, with some historic production.

Also have the Mystique gold project, which is a JV with Pacmag. This could be a tropicana look-a-like.

There is a BFE thread.

http://www.sharetrader.co.nz/showthread.php?t=7363&highlight=bfe

[macduffy]

There's Arafura - ARU - not a lithium miner yet but worth looking at.

Edit. Correction. Not lithium but "rare earths". As you can see, I'm no expert on the subject!

[percy]

thank you for the posts.
i should have paid more attention to your picks in
the competion.shasta RDR clearasmud ORE and huang chung with BFE.
going by the charts i should have sort your advice a year ago!!!
never the less i trust THE TREND IS YOUR FRIEND may work for me.

[Dr_Who]

I also have interest in Lithium miners. Kicking myself for missing out a year ago. Will keep a close eye on them.

[tricha]

Hi Percy

This is where I worked a few years ago, at Talison, formerly SGW which went out the back door oweing 1 billion.
Galaxy has the same type of ore body as Talison (Greenbushes)

It has a huge process to get 6% lithium, a product named spodeume. I would treat GXY with caution, unforunately Australia to my knowledge does not has the same type as the salt lakes in South America and I am now risk tolerence to holding shares that operate overseas, in countries like S America.

happy hunting.

http://www.miningaustralia.com.au/getfile/5685a066-8aa8-4f75-95a2-f9461847a5bd/logo-(1).aspx (http://www.miningaustralia.com.au/)
http://m1.au.2mdn.net/2549261/000608_468x60.gif (http://ad.au.doubleclick.net/click%3Bh=v8/3924/3/0/%2a/u%3B220072677%3B0-0%3B0%3B28638730%3B1-468/60%3B34948806/34966636/1%3B%3B%7Esscs%3D%3fhttp://www.thoroughtec.com)http://ad.au.doubleclick.net/ad/miningau/;pos=;tile=1;sz=468x60;ord='20100116081237?' (http://ad.au.doubleclick.net/jump/miningau/;pos=;tile=1;sz=468x60;ord='20100116081237?')
Australian Mining - Australia's premier mining news website




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News

Talison withdraws from listing


15 December 2009 | by Cole Latimer
http://www.miningaustralia.com.au/images/printer.png (http://www.miningaustralia.com.au/Article/Talison-withdraws-from-listing/508378.aspx#) http://www.miningaustralia.com.au/images/comment.gif (http://www.miningaustralia.com.au/Article/Talison-withdraws-from-listing/508378.aspx#comments) http://www.miningaustralia.com.au/images/group.png (http://www.addthis.com/bookmark.php?v=250&pub=xa-4ae643bb205010e4) Talison Lithium has withdrawn its initial public offering after the bid did not reach an “acceptable value.”
Talison stated that while investors had not supported its float at the price offered, existing shareholders are still supportive.
It announced last month that it would aim to raise between $143.5 million and $196.4 million through the issue of 35 million shares, with a price of $4.10 to $5.10 per share.
http://m1.au.2mdn.net/1065848/2-OPTUS9158_300x250.gif (http://ad.au.doubleclick.net/click%3Bh=v8/3924/3/0/%2a/b%3B221528130%3B0-0%3B0%3B45002554%3B4307-300/250%3B35077211/35095041/2%3B%3B%7Efdr%3D221285881%3B0-0%3B0%3B28638730%3B4307-300/250%3B35042100/35059930/1%3B%3B%7Esscs%3D%3fhttp://businesstravelrewards.com.au/)http://ad.au.doubleclick.net/ad/miningau/;tile=8;sz=300x250;ord='20100116081237?' (http://ad.au.doubleclick.net/jump/miningau/;tile=8;sz=300x250;ord='20100116081237?')Its majority shareholder Resource Capital Fund IV also had an option to sell an additional 3.5 million shares. Talison planned to dual list on both the Australian and Toronto stock exchanges.
A spokesperson for Talison told MININGDAILY that while it is well positioned to continue its growth in the lithium market; it is unable to comment on whether it would consider carrying out another IPO in the future. Talison has “strength in the market either as a private or a public player,” the spokesperson said.
Talison’s Greenbushes mine is currently Western Australia’s only producing lithium mine, which is located approximately 250km south of Perth.
This latest IPO withdrawal follows Cape Lambert announcing last week that it was pulling its $200m Q Copper listing.

[ozelectro]

ORE is by far the standout.

[macduffy]

As well as those already mentioned, Australian Lithium. com includes the following as stocks with lithium interests.

GGG
HDN
RVR
RWD
VNS

No current producers there, unfortunately!

[shasta]

As well as those already mentioned, Australian Lithium. com includes the following as stocks with lithium interests.

GGG
HDN
RVR
RWD
VNS

No current producers there, unfortunately!

Percy

If your still looking at Lithium plays, have a read of this

http://www.stocknessmonster.com/news-item?S=RDR&E=ASX&N=476977

[whirly]

Shasta

I like the last paragraph of that ann. but how does one start understanding the rest of it. What are the most important points you see here?

[drillfix]

You guys who are typing RVR are you sure you dont mean RDR (reed resources).

Some good news again today and they are rockin~!

[shasta]

Shasta

I like the last paragraph of that ann. but how does one start understanding the rest of it. What are the most important points you see here?

Im not even going to pretend i know anything about those drilling results, or grades etc.

For me the best part is the fact the project is moving along & should have a resource estimate due around April 2010 (hopefully JORC?)

[ozelectro]

If you are serious about learning about lithium stocks, read 2ic's and Peter Pumpkin's posts on the ORE thread on HC over the last 18 months. Their knowledge is ridicilous. All the other lithium stocks are just 'wannabes' IMO.

[whirly]

Thanks Oz, sounds promising. I'll check it out.

[macduffy]

ORE is by far the standout.

ORE in a trading halt, pending an announcement.

Nice pick?

;)

[Dr_Who]

ORE in a trading halt, pending an announcement.

Nice pick?

;)

Amazing performer. You could pick up ORE less than 1 year back for only 20 cents. Wish I had some lol

[Huang Chung]

You could pick up ORE less than 1 year back for only 20 cents. Wish I had some lol

BFE currently 14.5c

I wonder if you'll be saying the same about them in a year from now, Doc :confused:.

[Dr_Who]

BFE currently 14.5c

I wonder if you'll be saying the same about them in a year from now, Doc :confused:.

Dont make me cry.

I am kicking myself for missing out on lithium a year back. Oh well, you cant win them all. Did very well out of copper and gold with IRN etc. :)

[ozelectro]

ORE is by far the standout.

Up 43% - JV with Toyota.

Leaves the rest of the wannabes for dead.

[drillfix]

Man, hey Oz, that sure is one heck of a Gap Up...lol

Well done buddy, your on a gravy train there :)

[whirly]

Wow - I'm too slow. Well done on ORE

[shasta]

Thanks Oz, sounds promising. I'll check it out.

Lithium article off Kitco for those interested

http://www.kitco.com/reports/KitcoNews20100322A.html

[shasta]

Lithium article off Kitco for those interested

http://www.kitco.com/reports/KitcoNews20100322A.html

Lithium article mainly about RDR, but with industry background & comparisons to other companies

A good weekend read

http://www.reedresources.com/reports/130-Reed-Hallgarten-Apr10.pdf

[Aotea]

Hi all,
Can anyone advise what company is looking at lithium brine exploration in Mongolia?
cheers

[shasta]

Hi all,
Can anyone advise what company is looking at lithium brine exploration in Mongolia?
cheers

Yes its GMM from memory (or NMN)

[Aotea]

Cheers Shasta...GMM it is! Your memory is clearly better than mine...does anyone hold GMM or have an opinion?

[shasta]

Cheers Shasta...GMM it is! Your memory is clearly better than mine...does anyone hold GMM or have an opinion?

They have an alliance with GXY, which will help them with the lithium project, only ~40m shares on issue & a market cap of ~$5m (nearly $3m cash last qtr)

Still very much in exploration mode, & i would envisage GXY taking them out at some stage

[KentBrockman]

They have an alliance with GXY, which will help them with the lithium project, only ~40m shares on issue & a market cap of ~$5m (nearly $3m cash last qtr)

Still very much in exploration mode, & i would envisage GXY taking them out at some stage

Shasta, I remember you were big on ADY (ha, weren't we all!). Its implosion was a good lesson, and should be a textbook example about shoddy company leadership for share market novices. While ADY was all hype and lies, ORE got quietly on with business and look where their holders are today.

Anyway, I was wondering out of pure curiosity if you know what happened to ADY's lithium assets? Did the MD (was his name Phil Thomas?) end up with whoever bought the rights to their permits (which would be outrageous)?
What a sad story ADY was....

[shasta]

Shasta, I remember you were big on ADY (ha, weren't we all!). Its implosion was a good lesson, and should be a textbook example about shoddy company leadership for share market novices. While ADY was all hype and lies, ORE got quietly on with business and look where their holders are today.

Anyway, I was wondering out of pure curiosity if you know what happened to ADY's lithium assets? Did the MD (was his name Phil Thomas?) end up with whoever bought the rights to their permits (which would be outrageous)?
What a sad story ADY was....

Yeah a $US45b resource sold for ~15m odd to cover a debt issue, i dont remember it being to a related party though, from memory could have been the people behind QGC & VPE.

Whoever it was got a bargin, & ADY were foolish to get into the position in the first place (I mean sueing your JV partner, WTF?)

[Joshuatree]

Looks like this could really be the year when all the ducks line up for bigger acceptance globally of EV. a bunch of metal stocks associated with batteries are rearing.

[troyvdh]

Josh....check out AGY....NMT....LPD.....charts...cheers troy.....

[troyvdh]

and GXY .....some same say "we have only just begun "....

[JBmurc]

Gutted I didn't keep my PLS shares I purchased and pretty much sold for the same price mid 40's !!!!

[CROESUS U.T.]

An allied product that may be of interest
https://renascor.com.au/graphite-projects/

[Norwest]

The gains in this sector over the last several months have been fantastic for me.

Plenty of upside left yet coming off all time lows of Carbonate, Hydroxide and Spodumene, there are lots of companies with hype associated with them but lots of money to be made in this sector if you do a good amount of research.

[silu]

I used to hold GXY on the ASX. Then I divested all to go to NYSE: LAC which laid dormant for a long time only to explode over the last year. fwiw they are developing mines in Nevada and Argentina.

Many more happy returns to lithium stock holders.

[Filthy]

I used to hold GXY on the ASX. Then I divested all to go to NYSE: LAC which laid dormant for a long time only to explode over the last year. fwiw they are developing mines in Nevada and Argentina.

Many more happy returns to lithium stock holders.

Well done on LAC, I've often looked at them but never pulled the trigger. I am still holding PLS & GXY. They are my ASX green plays, along with GNX. Huge tailwinds at the moment. The last couple of months have been great.

[silu]

Well done on LAC, I've often looked at them but never pulled the trigger. I am still holding PLS & GXY. They are my ASX green plays, along with GNX. Huge tailwinds at the moment. The last couple of months have been great.

I'm quite big in GNX since 2016 topping up along the way through SPP and so on. I think this is the year where we can start on our Hydro project and look to add the battery and get final numbers on the wind project which I believe to be quite significant too. This is a stock I intend to hold at least for the next 10 years.

[Filthy]

GNX: This is a stock I intend to hold at least for the next 10 years.

I suspect that neither you or I will get the chance to hold on that long - I reckon it is a future T/O target for J-Power one day (once everything is delivered)... what else you into on the asx - you seem to have similar tastes to me! haha