TheCount
Regular
Some would say . . . . . . . . . . . . . ."imminent" even?Definitely!!!!!...it's possible....maybe
TC.
AVZ Discussion 2022
- Thread starter GazDix
- Start date
TC.
Winenut
GO AVZ!!!!
What is the end game for those dudes?Fyi, Just to add insult to injury, This BS isn't helping the situation either atm
View attachment 2577
View attachment 2578
Is it just borrow the shares, suppress the price and buy in lower until you've used all your borrowed shares?
Is it just to make the margin?
Winenut
GO AVZ!!!!
Seem to be getting a bit of a double whammy on the stocks today
AVZ getting hammered with the shorting prior to the rebalance at the end of the week and mining stocks across the board suffering some pretty big falls with many of them off at least 5%
Right now I'm telling ya'........red ain't my favourite colour!!
AVZ getting hammered with the shorting prior to the rebalance at the end of the week and mining stocks across the board suffering some pretty big falls with many of them off at least 5%
Right now I'm telling ya'........red ain't my favourite colour!!
Ya gotta wonder WTF
When, The Australian sharemarket closed higher on Monday, recovering its losses from Friday and hitting its highest level in more than a week.
The S&P/ASX 200 Index rose 85.8 points, or 1.2 per cent, to 7149.4.
While good Ol' AVZ ends the Day Down @ -4% ffs give me a break
What's the Bet the Market will be down tomorrow and guess what else will be
View attachment 2557
Banks only sector in the green! Not sure if this has been posted? Yanks are a bit alarmed they won't have enough of the good stuff.
Senators Urge Biden to Invoke Defense Act for Battery Materials
(Bloomberg) -- U.S. Senators sent a bipartisan letter to the Biden administration Friday afternoon asking the president to invoke the Defense Production Act to accelerate production of battery materials that are needed to power electric vehicles.Most Read from BloombergUkraine Update: Russia...
JAG
Top 20
Nice one Frank.....Yanks are a bit alarmed they won't have enough of the good stuff.
As EV demand rises, Biden officials warm to new mines
U.S. regulators are warming to approving new domestic sources of electric vehicle battery metals, as Washington bids to avoid a reliance on strategic minerals imports similar to that on crude oil.
U.S. Energy Secretary Jennifer Granholm and other officials speaking at this week’s CERAWeek energy conference in Houston said the need to domestically produce more metals is rising as EVs go mainstream, but that new mines must not harm the environment.
Granholm told conference attendees she would work to streamline permitting for new sources of EV minerals, eliciting loud applause.
“It takes forever to get a new permit. How crazy is that?” said Granholm.
Granholm’s department has already received applications for $2 billion in loans to fund U.S. strategic minerals projects from Lithium Americas Corp, ioneer, Piedmont Lithium Inc and others.
The department is also proactively contacting junior miners to discuss potential loans.
“The goal here is to make sure that people know that it’s not a lack of capital that’s holding back the development of these assets in the United States,” said Jigar Shah, head of the Energy Department’s Loan Programs Office. “
While the loan office is reviewing loan applications from some lithium projects that have faced opposition, funds will not be distributed to proposed mines that have not passed full regulatory review.
“We know that there will be some domestic mining,” U.S. Environmental Protection Agency Michael Regan said on the sidelines of the conference.
“But it can’t take place in the ways that it has in the past, which skirted some of the environmental laws and disproportionately impact communities of color and tribal communities.”
To be sure, President Joe Biden’s administration is not moving carte blanche to approve all mines.
Last month, for instance, it effectively killed Antofagasta Plc’s Twin Metals copper project in Minnesota due to concerns the mine would harm an important watershed.
But mining executives said comments from Regan, Granholm and others show the White House is beginning to view mining with a more-nuanced lens and understand its role in a clean energy transition.
www.mining.com/category/battery-metals/
View attachment 2588
*To add and remind,
Supply shortage
Global demand for lithium, as well as prices for the metal used in lithium-ion batteries for electric vehicles (EVs) continues to grow.
The EV industry will dominate demand for lithium in the coming years, accounting for almost three quarters of the battery metal’s consumption by 2030, up from 41% in 2020.
Chile, which has one of the world’s largest lithium reserves and hosts the two biggest producers, sees lithium hydroxide taking the lead with about 56% of the total consumption versus 44% for carbonate by the end of the decade. This switch can be mainly explained by manufacturers’ growing preference for nickel-intensive cathodes, which tend to favour the use of hydroxide over carbonate, Chilean copper agency Cochilco said in a January report.
Demand associated with cell phones, computers and tablets and other consumer goods would reach 411,000 tonnes in 2030, compared with the 79,000 tonnes expected for this year.
The world’s second largest miner, Rio Tinto, which saw its lithium plans in Serbia crushed this year, sees EV sales accounting for up to 55% of the world’s total light vehicles sales as early as 2030, with about 65 million units.
This means manufacturers would need about three million tonnes of lithium, compared with the roughly 350,000 tonnes they consume today.
Existing operations and projects combined, however, are slated to contribute one million tonnes of lithium, Rio Tinto has warned.
A recent report by the International Energy Agency recommended governments start stockpiling battery metals, noting that lithium demand could increase 40-fold over the next 20 years.
IEA executive director Fatih Birol said this would become an “energy security” issue.
China dominates lithium processing, while mine supply largely comes from Chile and Australia.
www.mining.com/category/battery-metals/
*So who ya gonna call when your backs against the "Great EV Wall" Joe, C'mon, you know you want it / need it, now call your DRC Bro
View attachment 2587
Well, Red across the board so to take my mind off things......friggin shorts!!!!
Spot on TC ah ha ha I'll chose 13th as this date is obviously taken
Winenut
GO AVZ!!!!
After a stellar night for the DOW itself the DOW Futures have now turned red again
Don't know how all that is going to play out
Getting closer to that closing auction on Friday
NF still in the DRC (so I am led to believe)
Felix hopefully back in the DRC before Friday
A very interesting close out to the week coming up for sure
Hang tight everyone
Feel the tension?.......whatta ride!
Cheers
Nut
Don't know how all that is going to play out
Getting closer to that closing auction on Friday
NF still in the DRC (so I am led to believe)
Felix hopefully back in the DRC before Friday
A very interesting close out to the week coming up for sure
Hang tight everyone
Feel the tension?.......whatta ride!
Cheers
Nut
Last edited:
Bull Market
Member
Get an AVZ sms notice notification and hold my breath hoping for a trading halt… until I read it… Heart rate comes back down.
Gee I hope Friday becomes true and there is a halt! Perfect timing prior to asx 200 trading on Monday. There will be some very nervous people when 4pm Friday halt happens.
Winenut
GO AVZ!!!!
It would be pure GOLD...
Winenut
GO AVZ!!!!
Morning all
Dow up nicely overnight might lead to a green day here hopefully
Nevertheless I just watched the Dow Futures turn from +500 to basically FLAT in the space of about 30 mins so who knows
Lithium still in demand, EV's still in demand and accelarating (pardon the pun)
End of week looming large with the Friday rebalance being the show to watch before heading into the weekend
Now if the DRC could just drop a tasty ML on top of all that it will certainly be something to kick off a few rounds of celebratory drinks!
Surely not long to go now?
Cheers
Nut
Dow up nicely overnight might lead to a green day here hopefully
Nevertheless I just watched the Dow Futures turn from +500 to basically FLAT in the space of about 30 mins so who knows
Lithium still in demand, EV's still in demand and accelarating (pardon the pun)
End of week looming large with the Friday rebalance being the show to watch before heading into the weekend
Now if the DRC could just drop a tasty ML on top of all that it will certainly be something to kick off a few rounds of celebratory drinks!
Surely not long to go now?
Cheers
Nut
Frank
Top 20
Morning all
Dow up nicely overnight might lead to a green day here hopefully
Nevertheless I just watched the Dow Futures turn from +500 to basically FLAT in the space of about 30 mins so who knows
Lithium still in demand, EV's still in demand and accelarating (pardon the pun)
End of week looming large with the Friday rebalance being the show to watch before heading into the weekend
Now if the DRC could just drop a tasty ML on top of all that it will certainly be something to kick off a few rounds of celebratory drinks!
Surely not long to go now?
Cheers
Nut
"Lithium still in demand, EV's still in demand and accelarating"
*Speaking of Accelarating EV's, they don't get much better or faster than a magnificent Mercedes EQS, as
Mercedes opens battery plant for Alabama-made electric SUVs
Mercedes-Benz Group AG opened a battery factory in Alabama months before the luxury-car maker starts assembling electric SUVs nearby in an effort to challenge Tesla Inc. in the U.S. EV market.
The German manufacturer will produce lithium-ion batteries at the new Bibb County plant, and start making all-electric EQS and EQE sport utility models at its existing factory in Tuscaloosa in the coming months.
Mercedes also announced a partnership with Chinese-owned battery company Envision AESC, which it said will set up a U.S. cell facility that will supply modules by the middle of the decade.
“We’re on a very fast track to turn over a whole industrial footprint toward EVs,” Mercedes Chief Executive Officer Ola Kallenius told Bloomberg Television.
He said the carmaker “can’t make enough” of its newest electric models, which include the flagship EQS sedan introduced last year.
Mercedes has budgeted 40 billion euros ($43.8 billion) this decade for electrifying its lineup to defend its position in the premium-car market.
The company said it’s invested $1 billion in Alabama between the battery plant, logistic centers and the production lines it’s upgraded to make EVs.
The Tuscaloosa factory will be able to flex production between combustion engine, plug-in hybrid and fully electric drivetrains.
“We’re going to see, over the next two to three years, the electric share of that production just go up and up,” Kallenius said.
www.mining.com
Food for thought on the Road to Mining Manono in a Mercedes
Fingers crossed
Frank
Winenut
GO AVZ!!!!
Just saw this buddy
I know what you mean
Happened to me once.........feels digusting
JAG
Top 20
Just saw this buddy
View attachment 2698
I know what you mean
Happened to me once.........feels digusting
Similar threads
