Hi all,
sorry about the size
Some of my thoughts & recaps for the day
http://investingnews.com/daily/reso...ting/lithium-investing/top-lithium-producers/
Lithium Development and Exploration Companies Potential
With the seemingly inevitable promise in the electric car space and forecasted international demand for lithium within a mid to long term investment horizon, there are many lithium exploration and development companies that could be worthwhile for investors to monitor. As the industry has already experienced some consolidation and joint venture projects over the last year, the investment environment seems receptive to merger and acquisition activity. This would tend to favour advanced level developmental stage companies trading at relatively attractive valuations that could be immediately accretive in a merger or strategic reorganization. Investors might also consider some of the larger capitalized opportunities for longer term opportunities. Emphasis “RECEPTIVE TO MERGER & ACQUISITION WITH ATTRACTIVE VALUATIONS”
IMHO attractive valuations, well that must be us AJM holders, it’s going to be a great few months/YEARScoming for us true believers, one could surmise!
What AJM shareholders know as of today!
Independent Review Confirms Status Of World Class Deposit
• Updated Mineral Resource Estimate at Altura’s 100% owned Pilgangoora Lithium project of 26.06 million tonnes @ 1.20% Li2O (JORC Code 2012 Edition)
• Contained lithium of 315,000 tonnes
• The new estimate delivers 19.77 million tonnes (76% of total resource) in Indicated Resource category with lithium oxide grade in line with the previous Altura estimate
• Result validates the previous resource estimate that formed part of the Scoping Study and confirms the project’s WORLD CLASS SIZE AND GRADE WITH MINIMUL EXPLORATION COSTS TO CURRENT SHAREHOLDERS
• Completion of the independent review paves the way for successful progression of the Pilgangoora Feasibility Study with a mine planning, scheduling and pit optimisation study underway utilising these results
• Altura is continuing to identify a suitable off-take an equity partner for this project. TO IDENTIFY SUITABLE PARTNERS AND CERTAINLY NOT THAT THEY CAN’T FIND ONE!!!
• Beneficiation test work phase has now commenced and is expected to be completed by the end of October 2015. This will yield a detailed Metallurgical Test Work Report that will be used to complete the design of the crushing, screening and beneficiation plant at Pilgangoora. Coming soon
• Pilgangoora Feasibility Study is on schedule to be completed early in the second quarter of 2016. Can’t wait!
• Response to price & volume query ASX; The Company, AJM, has tenements in the Pilbara containing a large lithium resource, and these tenements adjoin Pilbara Minerals Limited (ASX: PLS) tenements who have this morning released further to ASX on 14 September 2015, we compared the various producers and emerging producers of lithium in Australia, and whilst it is comparable to that of PLS, our market capitalisation is significantly less than $20 million as compared with that of PLS of circa $150 million. How do we like these apples!?=
SOONER than expectedis AJM in right place at right time with the right resource in right disruptive space, well I think so! Thoughts all?
http://www.theguardian.com/technolo...riving-car-project-titan-sooner-than-expected
With 1,000KM Range Will Be Available By 2018
http://www.ibtimes.com/elon-musk-te...hicles-1000km-range-will-be-available-2118251
Supply
http://www.greentechmedia.com/artic...ntain-the-Growth-of-the-Lithium-Ion-Battery-M
Even more evidence in this disruptive space
The prospect for self-driving cars looks remarkable right now comments “Phil Anderson Cycles, Trends and Forecasts on Sunday”, 18 October 2015 Northern France!
There is a lot of research going on in this area right now.
Will they really be more efficient? If so, how much? Could they be a genuine public transport option?
One study attempted to put some numbers on just how efficient autonomous cars are likely to be as a ‘public transport’ option.
Here’s a taste of their conclusion:
‘When almost 100% of the cars on the road are autonomous, a "base" estimate can be made for annual savings to the US economy of:
• Fuel savings: $US158 billion
• Accident savings: $US563 billion
• Productivity gains: $US422 billion (freeing drivers to do whatever they want)
• Congestion savings: $US149 billion’
Their follow-up report from October 2013: ‘Self-driving cars: Are we ready?’ observed:
‘A year later the momentum around self-driving vehicles is astonishing. In some ways, the industry is moving even faster than we predicted.
‘Rarely does a day go by without another announcement about a new technological breakthrough or a new joint venture. Traditional automotive manufacturers are teaming up with high tech companies; innovative start-ups are seeking and finding investors. The landscape is shifting before our eyes…
‘The growth in self-driving mobility on demand services could mark the end of the two-car family...
‘We believe the market opportunities for self-driving vehicles and technologies are enormous, and innovative companies will continue to drive the technology forward.’
Best Wishes,
http://www.projectcomputing.com/resources/cacs/index.html
GLTH DYOR and please add where and when appropriate.
(20min delay)
