Bald Hill Project production has commenced
Production of 155,000t p.a. of concentrate from Stage 1
Top quality +1mm spodumene concentrate (low mica, low iron)
Significant tantalum by-product production
Lowest Capex (of stand-alone lithium mines) in Australia
Reserve upgrade expected April 2018
Stage 2 –...
Buys on market close Friday Shares bought = 34,184,616 Value = $10,255,384.80. Additional 9mm bid that was not filled at 30c so an additional 9 million may be bought on open Monday. Personally, I'm expecting news first thing on Monday as I have never seen a close like this.
World class Tier-1 Tin mine and now massive lithium resource will only gain more...
Remarkable that this cobalt/copper beauty play has been forgotten and undervalued. No excuses for not accumulating at these levels.
•$10m cornerstone investment – Huayou Cobalt
• Kalongwe Stage 1 DMS Project advancing with potential further value uplift from Stage 2
• Aggressive exploration in world-class belt
High-grade copper and cobalt portfolio in...
TAW is expected to announce the commencement of lithium production this week. A company which I still consider to be under the radar of the investment community gives investors one last opportunity to enter before they commence reporting on production output. Resource upgrade is also imminent as well to take the mine life close to 10 years with ongoing drilling...
I expect KDR to re-rate from tomorrow after it will be included in the ASX 300. Index buying and upcoming price sensitive announcements will ensure new all-time highs will be reached before the end of the quarter.
Upcoming milestones: Kidman is expecting to put out Definitive Feasibility Studies (DFS) for both the mine/concentrator and the refinery by the midpoint of 2018, start production in 2019, with the refinery going live in late 2020.
Upcoming Price Catalysts
Further assay result from Earl Grey 1H2018
Refinery Update -...
Wasn't impressed with the lithium announcement today or the following up drill hole. Not expecting too much from DEG with regards to its lithium assets now and neither did the market.
Not worth following DEG for lithium now however worth watching for their gold conglomerate updates.
Nzuri Copper - A Contrarian Accumulation Phase. $NZC has been beaten down through a combination of a proposed DRC mining tax legislation and the recent DOW selloff. However, cobalt and copper demand has not gone away and $NZC is still my preferred holding in this space for 2018. I will be adding to my position at these levels when funds become available.
March is looking to be the next major leg up for $KDR. U.S roadshows, SQM quarter results and deposit resource upgrade all expected from next week.
The latest presentation can be found here with U.S roadshows kicking off next week:
The 10-year BMW supply deal that will be announced shortly should help support lithium stocks that have significant deposits that have yet to secure offtakes. KDR is one of those although they have been more linked to Tesla though SQM.
Worth watching this space.
Attention will now focus on drilling updates and results over the next 8 weeks in what will verify if Manono is indeed the largest Lithium hard rock mine in the world. Ther kicker here is that drilling will also confirm the status of Manono also as previous Tier-1 Tin mine.
Chart Wise - the graph looks great and ready to pop on positive news.
The monthly chart of AZS under the same management stretching back to 2008. The chart incorporates a couple of consolidation that has occurred under this management team. Terrible chart for long term holders who in which the exploration has failed to deliver for holders under this time.
This was a stock that I did held for too long. In reflection, a good...
The LIT ETF is rapidly recovering from recent oversupply fears in the lithium sector. With the news of CATL and Ganfung racing to their own IPOs to be cashed up later this year ensures that we will see MA activity accelerating in the sector.
$NZC has been hot hard through a combination of the possible introduction on new mining taxes in the DRC and the recent DOW sell-off. Support appears to have been found around the 30c mark which may be an ideal entry point for those wanting to accumulate or make an entry.