AVZ Discussion 2022

[cruiser51]

1m, methinks.

No need to get excited.
The company simply can't disclose anything what has not been disclosed to the ASX.

They can tell the crowd the inner workings, but nothing which can be construed as insider stuff.

However as a SH, after 6 months, of course I would like to hear, without BS, what took place from the horse's mouth.

I hope that makes sense.

 

[CashKing]

I admit, as a non-native speaker, I tend sometimes to make grammar mistakes. I usually ignore people who are trying to make laugh out of it although I've met only very few of them in my life. But since you are doing this for a second day in a row, I would respond to you. Do you really think being a native English speaker gives you some kind of superiority or making you look smarter? I can fluently speak 4 languages and as I can see you're barely able to speak one. In my eyes you are just an uneducated dickhead drinking out his own life and making zero contribution to this community apart from your dumb jokes. How is my grammar now?

@wombat74 and @Nellie17 I’ve been off the forum since around lunchtime and just going through the posts

I can’t tell you both how happy it’s made me to see you two back communicating just like in the old days and those posts I’ve shared of you both before

Let no one here worry how this love story ends, for I can honestly say that I’ve seen your future…. below

Does that mean me and you are kinda friends now Mbags ???

 

[CashKing]

Damn I don't own enough shares for an invite. Wonder what the cutoff is.

News by end of month it looks like. Promising.

You can have my chair mate, it’s right next to Moneybags… Fun Hey … He’s got a sweet left hook so careful if you go to the toilet at same time.

 

[The Fox]

New data from Benchmark shows the scale of the "generational challenge" facing the lithium ion battery supply chain. A total of 11.2 million tonnes of lithium (LCE) will need to be produced in 2050, over 20 times the amount produced last year. Indeed, all of the lithium produced in 2021 would last just a month in 2040, and barely two weeks in 2050. Most of the batteries currently produced go to the automotive industry for use in electric vehicles. But Benchmark's CEO Simon Moores expects the majority of demand to come from energy storage in 2050 as the world deploys ever more renewables for a sustainable future. In the US, the recent Inflation Reduction Act is boosting demand for battery energy storage systems in the country. But with the vast majority of these systems using LFP cathodes, the US could find its ambitions constrained as 99% of LFP is currently produced in China. In China, lithium prices reached an all-time high on Wednesday. Benchmark's IOSCO-approved, market-derived prices aren't showing any signs of an imminent decline. Battery-grade lithium carbonate prices in China have risen by 108% this year so far, as assessed by Benchmark. Thanks, Matthew, Henry and Rachit If you have any tips, or would like to let us know what you think of this newsletter, then you can contact us at membership@benchmarkminerals.com. If this email was forwarded to you, then sign up for our weekly newsletter here.

THIS WEEK'S TOP STORIES

Lithium has to scale twenty times by 2050 as automakers face generational challenge [FREE READ] Lithium prices touch record high in China as EV sales momentum remains China’s LFP dominance could constrain US energy storage deployment

​

Lithium has to scale twenty times by 2050 as automakers face generational challenge The world will need more than twenty times the amount of lithium than was mined last year to meet demand by mid-century, according to new data from Benchmark, driven by growth in energy storage and electric vehicles. Annual production of 11.2 million tonnes LCE will be needed by 2050 with energy storage making up two-thirds of battery demand by that date, due to the growth of renewable energy sources such as wind and solar. The data highlights the challenge of scaling up lithium production from new mining projects, which can take over five years to bring online. Near-term, a total of 2.9 million tonnes LCE will be needed by 2032, more than the 2.7 million tonnes of cumulative global production of lithium between 2015 and 2022, according to Benchmark’s Lithium Forecast. "We are at just the beginning of a generational challenge, not one that’s going to be solved in the 2020s." Simon Moores, Benchmark CEO Where is this demand coming from and how will it be met? Find out in this free-to-read article.

Lithium prices touch record high in China as EV sales momentum remains Lithium prices in China touched an all-time high on Wednesday, continuing a record-breaking streak that is putting increasing pressure on automakers and battery producers to secure supply from mining companies. The price of Chinese battery grade lithium carbonate rose by 1.7% in the past week following the country’s National Day holiday to reach a record high of RMB 532,000 per tonne ($74,475), according to Benchmark’s Lithium Price Assessment. The price has risen by 108% year-to-date. Prices for lithium hydroxide, which is used in high nickel batteries, rose by 1% to RMB 528,000 ($73,925), a jump of 147% this year. "IOSCO assured pricing, with expert analysts speaking directly with the market, provides a far more accurate set of price data rather than relying on trade stats." Caspar Rawles, Benchmark Chief Data Officer What is the current trend in lithium prices? Find out here.

China’s LFP dominance could constrain US energy storage deployment Lithium iron phosphate (LFP) has become the cathode chemistry of choice for energy storage applications around the world. But China’s near monopoly in its production could hamper efforts to deploy such systems in North America. Installations of energy storage are set to accelerate in the US, following the passing of theInflation Reduction Act this summer, which provides tax credits for the deployment of large batteries that help integrate renewable energy into electricity grids. "North America is focused on the grid, but they are constrained by LFP supply.” Aran Waid, Benchmark Analyst

 

[MoneyBags1348]

Does that mean me and you are kinda friends now Mbags ???

Does this answer your question Cashy

Of course friends mate! The only people I was dirty on were those who shit on me on the crapper after I was suspended permanently. The suspension turned out to be a good thing

 

[MoneyBags1348]

Anyone know what the criteria is?

Or has Nige already heard I'm a deranged, alcoholic, intellectual pygmy that will provide nothing more than fluff and a few crass interjections whilst simultaneously demolishing all available snacks with wanton abandon?

Also does Nige know that there is a great big section in the middle of Australia between Fremantle and Sydney Harbour where a few shareholders might just reside?

Is that the section in the middle of Australia where the yanks were testing their ‘Automic Bombs’ Nuts?

It might explain that deranged wanton abandon!

 

[MoneyBags1348]

​ New data from Benchmark shows the scale of the "generational challenge" facing the lithium ion battery supply chain. A total of 11.2 million tonnes of lithium (LCE) will need to be produced in 2050, over 20 times the amount produced last year. Indeed, all of the lithium produced in 2021 would last just a month in 2040, and barely two weeks in 2050. Most of the batteries currently produced go to the automotive industry for use in electric vehicles. But Benchmark's CEO Simon Moores expects the majority of demand to come from energy storage in 2050 as the world deploys ever more renewables for a sustainable future. In the US, the recent Inflation Reduction Act is boosting demand for battery energy storage systems in the country. But with the vast majority of these systems using LFP cathodes, the US could find its ambitions constrained as 99% of LFP is currently produced in China. In China, lithium prices reached an all-time high on Wednesday. Benchmark's IOSCO-approved, market-derived prices aren't showing any signs of an imminent decline. Battery-grade lithium carbonate prices in China have risen by 108% this year so far, as assessed by Benchmark. Thanks, Matthew, Henry and Rachit If you have any tips, or would like to let us know what you think of this newsletter, then you can contact us at membership@benchmarkminerals.com. If this email was forwarded to you, then sign up for our weekly newsletter here.

​ THIS WEEK'S TOP STORIES

​ Lithium has to scale twenty times by 2050 as automakers face generational challenge [FREE READ] Lithium prices touch record high in China as EV sales momentum remains China’s LFP dominance could constrain US energy storage deployment

​ ​

​ Lithium has to scale twenty times by 2050 as automakers face generational challenge The world will need more than twenty times the amount of lithium than was mined last year to meet demand by mid-century, according to new data from Benchmark, driven by growth in energy storage and electric vehicles. Annual production of 11.2 million tonnes LCE will be needed by 2050 with energy storage making up two-thirds of battery demand by that date, due to the growth of renewable energy sources such as wind and solar. The data highlights the challenge of scaling up lithium production from new mining projects, which can take over five years to bring online. Near-term, a total of 2.9 million tonnes LCE will be needed by 2032, more than the 2.7 million tonnes of cumulative global production of lithium between 2015 and 2022, according to Benchmark’s Lithium Forecast. "We are at just the beginning of a generational challenge, not one that’s going to be solved in the 2020s." Simon Moores, Benchmark CEO Where is this demand coming from and how will it be met? Find out in this free-to-read article.

​ Lithium prices touch record high in China as EV sales momentum remains Lithium prices in China touched an all-time high on Wednesday, continuing a record-breaking streak that is putting increasing pressure on automakers and battery producers to secure supply from mining companies. The price of Chinese battery grade lithium carbonate rose by 1.7% in the past week following the country’s National Day holiday to reach a record high of RMB 532,000 per tonne ($74,475), according to Benchmark’s Lithium Price Assessment. The price has risen by 108% year-to-date. Prices for lithium hydroxide, which is used in high nickel batteries, rose by 1% to RMB 528,000 ($73,925), a jump of 147% this year. "IOSCO assured pricing, with expert analysts speaking directly with the market, provides a far more accurate set of price data rather than relying on trade stats." Caspar Rawles, Benchmark Chief Data Officer What is the current trend in lithium prices? Find out here.

​ China’s LFP dominance could constrain US energy storage deployment Lithium iron phosphate (LFP) has become the cathode chemistry of choice for energy storage applications around the world. But China’s near monopoly in its production could hamper efforts to deploy such systems in North America. Installations of energy storage are set to accelerate in the US, following the passing of theInflation Reduction Act this summer, which provides tax credits for the deployment of large batteries that help integrate renewable energy into electricity grids. "North America is focused on the grid, but they are constrained by LFP supply.” Aran Waid, Benchmark Analyst

Foxy, I think we’ve seen here that most of us don’t have the patience to wait 6 months to come out of a trading halt, never mind waiting another 30 years for lithium (LCE) demand to hit 11million tons

The real reason I’ve answered your post is to let you know there are those among us who are secretly planning a pineappling on someone and your name was mentioned

 

[Flight996]

No need to get excited.
The company simply can't disclose anything what has not been disclosed to the ASX.

They can tell the crowd the inner workings, but nothing which can be construed as insider stuff.

However as a SH, after 6 months, of course I would like to hear, without BS, what took place from the horse's mouth.

I hope that makes sense.

Cruiser51, you beat me to it.

Your post made absolute sense. The company cannot withhold important or market sensitive information in order to release it at a later date to select shareholders only. As you say, all will be revealed in ASX releases.

Noting that we live in an information vacuum and there are many unhappy shareholders, I suspect the real purpose of the roadshows is to control the narrative and put spin on ASX news releases leading up to the roadshows. Unfortunately, if the news needs spinning, it may not be as good as we hope.

Nonetheless, still hoping for a good outcome.

Cheers
F

 

[JAG]

 

[oxxa23]

Cruiser51, you beat me to it.

Your post made absolute sense. The company cannot withhold important or market sensitive information in order to release it at a later date to select shareholders only. As you say, all will be revealed in ASX releases.

Noting that we live in an information vacuum and there are many unhappy shareholders, I suspect the real purpose of the roadshows is to control the narrative and put spin on ASX news releases leading up to the roadshows. Unfortunately, if the news needs spinning, it may not be as good as we hope.

Nonetheless, still hoping for a good outcome.

Cheers
F

That and if you want to criticise some parties in the Drc, particularly the govt, well, you wouldn't want it posted for all to read in an asx announcement...

 

[Bin59]

 

[JAG]

Sorry, here is the embedded tweet to watch

 

[Bin59]

Makes you wonder why the change in communications now - perhaps they’re keen to communicate the upcoming good news flow related to the DRC batteries (Manono) project together with other news.

 

[Azzler]

Happy wet weekend, I hope nobody here has had to evacuate from flood waters.
I watched an interesting report regarding climate change, explaining how this kind of thing is the effect of global warming. More rain in areas that have usual rain, more flooding... All the more reason to get this project running and buy an EV right? Wish they'd hurry up and make some nice SUV EVs though, I'm due for a new car soon, and I don't think I want to go back to a sedan.
Bah, anyway, I wanted to ask you lovely people something...

Has anyone speculated what RIO's involvement might be?
I mean the "Excited" dude bought number plates...

Could we be dropping CATH for RIO? Or perhaps something like a reneg, 12% CATH 12% RIO?
Just speculation IF it turned out to be true.
Any ideas?

 

[Bin59]

RIO to JV with AVZ for exploration of CDL?
Bring RD online, then CDL = 20mt

 

[Rediah]

Happy wet weekend, I hope nobody here has had to evacuate from flood waters.
I watched an interesting report regarding climate change, explaining how this kind of thing is the effect of global warming. More rain in areas that have usual rain, more flooding... All the more reason to get this project running and buy an EV right? Wish they'd hurry up and make some nice SUV EVs though, I'm due for a new car soon, and I don't think I want to go back to a sedan.
Bah, anyway, I wanted to ask you lovely people something...

Has anyone speculated what RIO's involvement might be?
I mean the "Excited" dude bought number plates...

Could we be dropping CATH for RIO? Or perhaps something like a reneg, 12% CATH 12% RIO?
Just speculation IF it turned out to be true.
Any ideas?

"Well sir, we have a car for you then, Ford F150 Lightening"

Within few weeks I will be working on F150 EV and can you give you my true feedback..
Also, soon you guys will see the following around your areas.... and the car behind this one will be coming in EV too but gotta wait 2 years....
AND , an Australian state that shall not be named at this stage , will be running fully EV freight trains in 2 years time......

 

[oxxa23]

To be honest, as good a signs as I've seen these last few days from the drc govt...

More talk on Chinese corruption and theft of drc profits...

Continued talks of foreign investment aiding their development (together)

Committing to front the media after weekly meetings...this wouldn't happen unless things are about to become productive and exciting..

Turning of soil at battery hub..





Then the avz commitment (at least on paper) to roadshows ahead of agm...

We're getting there...

 

[The Fox]

Foxy, I think we’ve seen here that most of us don’t have the patience to wait 6 months to come out of a trading halt, never mind waiting another 30 years for lithium (LCE) demand to hit 11million tons

The real reason I’ve answered your post is to let you know there are those among us who are secretly planning a pineappling on someone and your name was mentioned

That's cool. I will however be taking all the pineapples I receive to the roadshow meeting and pass them along personally to AVZ management, at least you will get a double bang for your pineapple buck.

 

[DoubleA]

Cruiser51, you beat me to it.

Your post made absolute sense. The company cannot withhold important or market sensitive information in order to release it at a later date to select shareholders only. As you say, all will be revealed in ASX releases.

Noting that we live in an information vacuum and there are many unhappy shareholders, I suspect the real purpose of the roadshows is to control the narrative and put spin on ASX news releases leading up to the roadshows. Unfortunately, if the news needs spinning, it may not be as good as we hope.

Nonetheless, still hoping for a good outcome.

Cheers
F

I think you are both missing the point. People are suggesting there may be an update because AVZ have stated they will update the market on the status of DRC activities BEFORE the roadshows and AGM. This would likely be through an ASX announcement BEFORE the roadshows. We now have the dates for the roadshows, hence people are expecting an update and this does not require market sensitive information to be disclosed at the roadshows. Does that make sense?

AVZ could obviously fail to meet this timeline for providing an update, but they have stated what their intention is.

Posted previously by Ox:

 

[JasonM]

hey fox, any word from your sources on the street on what and when things might be happening?