Yes; avoid the many Lithium plays that don't really have any fundamentals.
EMH have done a smart move after dropping the agreement with LIT re L Max, they have signed an option to use L Max with PLP Platypus under more favourable terms I'm guessing.
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Yes; avoid the many Lithium plays that don't really have any fundamentals.
EMH have done a smart move after dropping the agreement with LIT re L Max, they have signed an option to use L Max with PLP Platypus under more favourable terms I'm guessing.
ADV.
Exceptional Lithium Grades at Seymour Lake
"Globally Significant Lithium Deposit"
Significant grades of Li2O returned in all 150 core samples, close to surface, 30% returning results greater than 2.0% Li2O. and some 5.4%
---> 11.2m @ 2.7% from 2.8m!
sp up 30% on open,
Interesting developments with the government pushing to increase electric vehicle popularity this could be a turning point in peoples opinions on them, especially in Auckland and Christchurch where bus lanes could reduce a commuters daily travel by 30-40 minutes or more. Plus the Tesla Power wall partnership with Vector (old news I know) suggests further demand for large lithium batteries in the household ramping up in the future.
http://m.nzherald.co.nz/business/new...ectid=11634195
Disc: Hold VCT, GXY, ORE and ADV
Im thinking/wanting to buy a hybrid/electric car but finding very little choice out there atp.And finding out info like how long do batteries last and what they cost and are they largely recyclable. Any one with experience here?
Well I think Tesla is the only fully electric car manufacturer that has created vehicles that don't look like clown cars (see Mitsubishi's equivalent http://www.mitsubishicars.com/imiev#gallery ) all the other reasonably attractive cars are hybrids at this stage. I'd love a Tesla model X SUV but for the $110k USD price point I'd rather not save the planet and buy a 6.2L V8 Chevy Corvette :D Battery life cycles would be good to look into, as far as individual charge cycles go Tesla has recorded an impressive 250 mile range on a single charge! close to a full tank of gas for other SUV's out there.
Hi JT,you can order now
http://www.nzherald.co.nz/business/n...ectid=11616606
Comment on the lithium market and Aust lithium stocks.
https://dpsi7pmz5b6vt.cloudfront.net...April_2016.pdf
Update on share prices ; haven't looked for dilution etc
12/4/16 Today
LIT 25.7c 21.8c
EMH 25c 25c
NMT 45.5c 43c
GXY 36c 39.5c T/H today pending acquisition of GMM
ADV 4.1c 3.9c
PIO 1.4c 3.5c
GMM 56c 61.5c T/H today see above
PLP 1.7c 2.3c
ORE $3.20 $4.17 Lithium conference presentation just out
Anyone care to put lithium prices up for then and now? If not i will add later.
Speculation that VW is going to announce the build of a giga factory battery plant..
EMH to 30.5c
NMT 46c
PIO 3.8c
PLP 3.1c
ORE $4.29
EMH has double bagged + for me atp. @38c.
Im also hearing a Lithium Fund ETF is happening.