high blood pressure1
12 Apr 2017
Re: LG Chem and europe plans Buy kodal minera
sage in the hills
12 Apr 2017
Re: LG Chem and europe plans Ok YB ,i missed that October news .... so good summary there, thanks.In terms of news etc this week.....so thats...... BCN, EMH, REM (KDNC), MWG, all away ........only AFC and Red t to go now 
Happy Easter egg hunting !!!SAGE
ybhere
12 Apr 2017
Re: LG Chem and europe plans From the LG Chem announcement last October,Once the Poland plant is built, LG Chem will have established a global production system of four internationally located plants, which are the largest in the industry. The production system will be composed of the Ochang plant in South Korea, Holland plant in the United States, Nanjing plant in China, and Wroclaw plant in Poland, securing the production capacity of more than 280,000 batteries for pure high-performance EVs.[link] then we have Hanwa doing their bit. Tesla doing their bit. And no doubt others. Demand for lithium looks to be exponential.Bacanora, Hastings, Macarthur, European Metals and other miners should step up a gear. There will be a supply shortage of lithium which, in the short term, will push up pricesYB
sage in the hills
12 Apr 2017
Re: LG Chem and europe plans LG Chem Ltd., often referred to as LG Chemical, is the largest Korean chemical company and is headquartered in Seoul, South Korea. According to Chemical and Engineering News, it was the 13th largest chemical company in the world by sales in 2014. WikipediaStock price: 051910 (KRX) ₩282,000 +1,500.00 (+0.53%)12 Apr, 15:30 GMT+9 - DisclaimerHeadquarters: Seoul, South KoreaCEO: Jin Su Park (2012–
Revenue: 20.4 billion USD (2012)Parent organization: LG CorpSAGE
sage in the hills
12 Apr 2017
Anyone interested in Lithium developments ? ..... suggest you urgently read the latest on European Metal Holdings (EMH) bb.......Very interesting !!!!!!SAGE
sage in the hills
10 Apr 2017
....oops... and finally The Sonora Lithium Project, which consists of ten mining concession areas covering approximately 100 thousand hectares in the northeast of Sonora State. The Company, through drilling and exploration work to date, has established an Indicated Mineral Resource (in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") of 4.5 million tonnes (LCE[2]) and 2.7 million tonnes Inferred.[3] A Pre-Feasibility Study completed in Q1 2016[4] established Probable Mineral Reserve (in accordance with NI 43-101) of 2.1 million tonnes LCE and demonstrated the economics associated with becoming a 35,000 tpa lithium carbonate and 50,000 tpa SOP producer in Mexico.In addition to the Sonora Lithium Project, the Company also has a 50% interest in the Zinnwald Lithium Project in southern Saxony, Germany. The Zinnwald Lithium Project is located in a granite hosted Sn/W/Li belt that has been mined historically for tin, tungsten and lithium at different times over the past 300 years. The strategic location of the Zinnwald Lithium Project allows immediate access to the German automotive and downstream lithium chemical industries. SAGE
sage in the hills
10 Apr 2017
sorry ... almost in full... "Crucially, this relationship provides Bacanora with a further aligned cornerstone investor ahead of project financing and establishes a mantel from which we hope to leverage towards project debt financing out of Japan to contribute towards the construction of a significant lithium carbonate operation in Mexico. We are delighted to have delivered on our stated objective to secure a partner within the buoyant Asian lithium carbonate market and look forward to continuing this theme in the coming months, as we work towards the completion of our Feasibility Study." Further InformationThe AgreementHanwa has established a long-term strategic relationship with Bacanora in relation to its Sonora Lithium Project in Mexico. The ongoing Feasibility Study at Sonora is focused on delivering an operation capable of initially delivering 17,500 tonnes pa of Li2CO3 for the first two years of operations, followed by 35,000 tonnes Li2CO3 pa thereafter. Under the terms of the Agreement, Hanwa will initially acquire 10% of the issued share capital of Bacanora and acquire between 80 - 100% of the Li2CO3 produced at Sonora. In terms of the off-take agreement, pricing will be finalised in line with global Li2CO3 prices prior to Sonora being brought into production. Hanwa's investment to acquire 10% of Bacanora's outstanding shares is anticipated to be undertaken by the end of April 2017. Hanwa also has an option to increase its equity investment by up to an additional 9.9% of new shares to be issued at market prices at the time of exercise. Further details regarding the completion of the equity investment will be provided in due course. Importantly, Hanwa has committed to utilising its strong relationships in Asia in order to assist Bacanora in securing the debt financing component of the funding package required to enable development to commence following completion of the Feasibility Study. Preliminary introductions made to date by Hanwa have been positive first steps towards securing such additional future financing requirements. About HanwaHanwa is a Japanese trading company which supplies a broad spectrum of products, including steel, non-ferrous metals, food, fuel, chemicals, lumber, machinery and many other items, to an equally diverse range of customers. The company has solid positions in all of these businesses. As a trading company that performs many important roles, Hanwa will continue to enter more business fields in response to changes in the operating environment in order to meet the needs of customers. For further information, please contact:Bacanora Minerals Ltd.Peter Secker, [email protected] Financial Advisers LLP, NomadSandy Jamieson/Liam Murray+44 (0) 20 7213 0880Numis Securities Ltd,BrokerJohn Prior/James Black/Paul Gillam+44 (0) 20 7260 1000St Brides Partners, Financial PR AdviserElisabeth Cowell/ Frank Buhagiar+44 (0) 20 7236 1177 ABOUT BACANORA:Bacanora is a Canadian and London listed lithium exploration and development company (TSX-V: BCN and AIM: BCN). The Company is exploring for, and developing a pipeline of international lithium projects, with a primary focus on the Sonora Lithium Project. The Company's operations are based in Hermosillo in northern Mexico. The Company is led by a team with lithium expertise and proven mine development, construction and operations experience.The Sonora Lithium Project, which consists of ten mining concession areas covering approximately 100 thousand hectares in the northeast of Sonora State. The Company, through drilling and exploration work to date, has established an Indicated Mineral Resource (in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") of 4.5 million tonnes (LCE[2]) and 2.7 million tonnes Inferred.[3] A Pre-Feasibility Study completed in Q1 2016[4] established Probable Mineral Reserve (in accordance with NI 43
sage in the hills
10 Apr 2017
News in full April 10, 2017NEWS RELEASEBACANORA ESTABLISHES STRATEGIC LONG-TERM PARTNERSHIP WITH HANWA Initial 10% Equity Investment and Lithium Carbonate Off-take for Up To 100% of Production BACANORA MINERALS LTD. ("Bacanora" or the "Company" (TSX-V: BCN and AIM: BCN), the Canadian and London listed lithium exploration and development company focused on building an international lithium group, is delighted to announce that it has entered into a strategic partnership (the "Agreement" with Hanwa Co., LTD. ("Hanwa", a leading Japan-based global trading company and one of the larger traders of battery chemicals in the Asian region, with reported net sales of more than ¥1,500 billion in 2016. The Agreement is comprised of both an initial 10% equity investment in Bacanora and an Off-take Agreement for up to 100% of the battery grade lithium carbonate ("Li2CO3" produced at the Sonora Lithium Project ("Sonora" or the "Project". The Company is targeting to produce 17,500 tonnes of Li2CO3 per annum ("Stage 1", commencing in 2019. After two years of producing at this level, the Company plans to lift production to 35,000 tonnes per annum ("Stage 2"[1]. Overview· Milestone Off-take Agreement for up to 100% of Li2CO3 produced at Sonora
Hanwa to purchase 70-100% of lithium carbonate produced during Stage 1o Tonnage based contract for battery grade lithium carbonate at market pricing, with final pricing to be finalised prior to commencement of productiono Option to increase the off-take tonnage by up to 100% at Stage 2 production · Company-level investment demonstrates Hanwa's commitment to Bacanora and represents the entry of a new long term, supportive investor to the register Hanwa to acquire an initial 10% interest in Bacanora, raising approximately £10,175,000 (approximately C$16,896,000) in proceeds to the Company via the placement of 12,333,261 shares at a price of 82.5 pence (approximately C$1.37) per share (the "Placing"o Hanwa is entitled to present a nominee for election to the board of directors of Bacanora and has a pre-emptive right to maintain its 10% equity interesto Hanwa shall have an option to increase its equity interest in Bacanora to 19.9%. · The Agreement provides a funding platform for the Project - Hanwa represents a cornerstone investor and will aid in the procurement of long term project debt funding · Validates the quality of the battery grade (+99.5%) lithium carbonate product and Bacanora's production processo Hanwa has received numerous samples of the Company's battery grade product and has distributed samples to a number of their customers Bacanora Chairman Mark Hohnen stated, "This partnership with one of Japan's leading battery chemical traders is transformational for Bacanora: it significantly reduces the overall risk profile of the Project; validates our production process; and provides us with an excellent platform with which to fund the future development of Sonora, our advanced lithium project in Mexico. Importantly, a long-term, supportive relationship has been established between ourselves and Hanwa, who will take a 10% interest in our Company and also purchase between 70-100% of the total lithium carbonate production from our unique asset, highlighting their confidence in our processing methods and our ability to execute on the exciting opportunity that Sonora presents. This will be priced at market prior to production. "Crucially, this relationship provides Bacanora with a further aligned cornerstone investor ahead of project financing and establishes a mantel from which we hope to leverage towards project debt financing out of Japan to contribute towards the construction of a significant lithium carbonate operation in Mexico. We are delighted to have delivered on our stated objective to secure a partner within the buoyant Asian lithium carbonate market and look forward to continuing this theme in the c
sage in the hills
10 Apr 2017
Tesla news .... bigger than all the rest ... Tesla Overtakes GM to Become Most Valuable U.S. Auto Maker10/04/2017 3:17pmDow Jones NewsTesla, Inc. (NASDAQ:TSLA)Intraday Stock ChartToday : Monday 10 April 2017Click Here for more Tesla, Inc. Charts.Tim Higgins DETROIT -- The Motor City has fallen to Silicon Valley.Tesla Inc. on Monday became the largest U.S. auto maker by market value, overtaking General Motors Co. -- a feat that would have seemed highly improbable 13 years ago when the electric-car maker first began tinkering with the idea of making a sports car.Shares of Palo Alto, Calif.-based Tesla rose as high as $312.75 during Monday morning trading, pushing the company's market capitalization to $51.01 billion. That eclipsed Detroit-based GM's $50.89 billion, based on its highest point in early trading. Ford Motor Co., meanwhile, was valued at $44.95 billion.The milestone underscores the seismic change occurring in the global automotive industry as Silicon Valley pursues a vision for transportation -- including self-driving cars and vehicles-on-demand -- that could upend century-old players. Last week's disappointing monthly sales results by traditional auto makers served as a further example to investors concerned that the profitable U.S. new-car market is plateauing."We've built a track record of strong financial performance," a GM spokeswoman said in an email. "We'll stay focused on delivering outstanding results and making decisions to deploy capital where it will generate the strongest returns, to enhance shareholder value."Tesla declined to comment.GM remains the largest auto maker in the U.S. by market share, making up 17.3% of the sales last year, according to Autodata Corp. Tesla had a 0.2% share, which beat Ferrari and Maserati."What's fun about following this company now is that anything can happen, " Chaim Siegel, an analyst for Investing.com, said in an email about Tesla that seems to mimic investor sentiment even as the auto maker remains unprofitable and deeply in debt. "The potential is huge. The hopes are huge."Even some of Tesla's most optimistic followers are surprised at the recent run up in value. "We're pretty surprised by the recent run in Tesla's share price to over $300 so quickly," Adam Jonas, an analyst for Morgan Stanley, wrote in a note to investors as Tesla's market cap neared GM's. He has been targeting a $305 price for Tesla. "Such is the power of technical factors over fundamental drivers."Tesla shares have been on roll this year, rising more than 40%, a run that last week had Chief Executive Elon Musk's car company surpass Ford Motor Co. as the second-largest car company. The exuberance comes even as Mr. Musk faces huge challenges in accomplishing all that he is claiming to do, including making 500,000 vehicles next year after building just 84,000 last year and creating software that would enable a vehicle to drive itself."It's indicative of the market wanting to pay for potential, including into markets that don't exist yet in any large size such as EVs, home energy generation and storage, rather than profits and cash flow today that the large auto makers generate," said David Whiston, an analyst for Morningstar Research.Mr. Musk, who has struggled to bring out new products before, faces the daunting challenge of later this year rolling out the $35,000 Model 3 sedan, the linchpin in his plans to take the company into the mainstream from the rarefied air of selling luxury vehicles.His acquisition of SolarCity Corp. late last year and removal of the word "Motors" from the company's official name is part of a broader vision of being able to offer solar panels to generate energy and batteries to store that power at home or the office -- all for the benefit of the vehicles being sold. He has also begun shipping vehicles equipped with the hardware he says is needed to make them fully self-driving once the software is completed, aiming to demonstrate the prowess by y
sage in the hills
10 Apr 2017
Re: More director buys In4apenny .........good timing by the directors then .....SAGE
sage in the hills
10 Apr 2017
Stunningly good news with price still below peaks .. ...... as you say, how marvellous ....... in fact its all any company needs as their major stepping stone in this situation.......... and with the major player in Asian market ......Lets roll........SAGE
Bluemogganer
10 Apr 2017
Re: RNS - Off Take Agreement It sure is YB and will put a few minds to rest!
ybhere
10 Apr 2017
RNS - Off Take Agreement Off Take Agreement to take up to 100% of the Lithium.Marvellous. Today is a very good day.YB.
forwardloop
02 Apr 2017
Article on lithium & electric vehicles [link]
in4apennyin4amil1
22 Mar 2017
More director buys Adding some support to the share price.
