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@Titanfrom243

PhD (UCT, 2018). 30✊🏿 lithium/copper/gold assets

Cape Town/Jhb Katılım Ocak 2014
1.2K Takip Edilen557 Takipçiler
Peaceful
Peaceful@Titanfrom243·
From early exploration to mine construction stages require intensive capital which most african owned entities do not have. Hence they heavily rely on foreign entities to bring cash in exchange of equities/shareholding. There is no conspirancy. Try to set up your own mine and you shall see how far you get
Jerome Chisikwa@JeromeChisikwa

No foreign companies are allowed to extract minerals in America, China, or Europe, but in Africa African countries rely on foreign companies to extract their own minerals. Don’t we have engineering companies with African engineers in Africa? This trend must end!

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Peaceful
Peaceful@Titanfrom243·
@sparkes_dwayne Very encouraging piece, for us who have been exploring for lithium for the last 5 years. We were about to let go our most advanced exploration project, but after reading this post, we will keep it!
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Dwayne Sparkes
Dwayne Sparkes@sparkes_dwayne·
Some random thoughts on some of the latest lithium news as a I sip my morning coffee. CATL has brought in Chen Zinghe from Zijin as an advisor for it’s mining division. It’s basically CATL saying they are worried that they can’t find enough lithium to meet their massive growth. It’s impressive how fast CATL has grown and you’ve got to applaud the company. However, I think they are leaving it a bit late as I touched on in an old post of mine (link below). I think they’ve underestimated just how difficult it is to find lithium deposits. Economical lithium deposits are rare and very hard to find. They could go years and find nothing. Zijin doesn’t have a great track record at finding deposits, which is rightly so, they are after all miners, not explorers. And it’s not just Zijin. What was the last deposit that RIO found? Or BHP? Or FMG? The majors are terrible at exploration, despite the fact they have very large exploration budgets. Exploration isn’t just about having a big budget. A geologist working for a major for a wage in a cookie cutter position is going to be less hungry to find something than a prospector working for themselves for 0 dollars and funding early exploration themselves. Projects are largely found by individuals, they then get passed into exploration companies, which then get taken out by miners. Basically every (~90%) current lithium mine and the majority of lithium resources (excluding a lot of the Canadian plays) have been mapped and known about for a 100+ years. Most of them were old tin and tantalum mines. Adover, Kathleen Valley, Pilgangoora, Tabba Tabba, Bikitia, Manono, Greenbushes, Mt Marion, etc. were all discovered over 60 years ago, largely by individual prospectors. During the last lithium boom, if you wanted to find lithium, you toggled on/georeferenced the occurrences of old tin and tantalum workings, pegged the ground, and explored off that. Those days are done. Those are our current lithium mines and resources. So 100 + years of mapping and exploring has found the current mines and resources and we are still in a lithium deficit (spod currently at ~$US2400). I agree with @usuallyYJLee , there isn’t enough mapped lithium around to meet his 2030 bull case. Literally all of the Canadian plays would need to come online. So naturally sodium and other battery types will take a portion of the market for this fact alone. Zijin aren’t explorers. They are miners. Huge difference. A lot of countries don’t understand exploration. The idea of putting capital into what could be seen as a gamble is something they don’t get. They are happy to pay a premium for a nice resource, but the idea of spending a fraction of what they pay for a resource on a “gamble” seems silly. I personally think Zijin (and any major) will struggle to find more greenfields lithium. All the easy low hanging fruit deposits are gone. It’s now largely a drilling under cover game. Once you’ve dusted your first 4-5million on drilling, you start to think maybe it’s just easier to buy these things for a premium. Problem is there aren't really many options available. Exploration for lithium has been on a halt for several years and despite spod at a very healthy price of ~US$2400, it still hasn't picked up yet. Better get exploring soon or big trouble. To finish, on a side note, $PLS just hit an all time high! Cheers for reading!
Dwayne Sparkes tweet mediaDwayne Sparkes tweet media
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Peaceful
Peaceful@Titanfrom243·
@dokitawaa @HerbalistChief Sounds advice. Could you please open your DM? I would like to share with you a similar case for which help will be greatly appreciated
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Doctor Ladegah
Doctor Ladegah@dokitawaa·
I feel conflicted sharing this, but it’s a truth that needs to be heard. If you or someone you know experiences epilepsy or seizures without a diagnosis, please seek medical attention immediately to get proper treatment. Here’s a scenario that often plays in my mind: a family gives birth to a beautiful child at home after a prolonged labor. The baby doesn’t cry at first and is repeatedly smacked to stimulate breathing. Days later, the baby is taken to the hospital and diagnosed with HIE Stage 3 (Hypoxic-Ischemic Encephalopathy)—a severe brain injury caused by lack of oxygen and blood flow during or shortly after birth. With timely medical intervention, this permanent brain damage, which led to recurring seizures, could have been prevented. The takeaway? While traditional medicine may have its place, it is critical to prioritize professional medical care for accurate diagnosis and treatment. Don’t gamble with health—combine wisdom with science for the best outcomes.
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ChiefHerbalist
ChiefHerbalist@HerbalistChief·
This extract from plantain stem is one of the best cures for epilepsy, seizures and convulsion.
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Lukas Ekwueme
Lukas Ekwueme@ekwufinance·
Critical minerals are facing massive deficits over the next decade. - Copper: ~33% deficit - Lithium: ~38% deficit - Nickel: ~15% deficit - Cobalt: ~14% deficit These deficits aren’t theoretical....They’re the result of underinvestment, long lead times, and rising demand. This bull market is just getting started.
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victor chike
victor chike@chykee16·
@MikeSonko The irony is: he will still use this money to sort a dependents problem, either wife kids or relatives. Men don’t really put themselves in front but thier responsibilities
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Ashton Invests
Ashton Invests@Ashton_1nvests·
$UNH will be proof that boring companies can make you rich.
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Dividend Growth Investor
Dividend Growth Investor@DividendGrowth·
| ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄| Buy assets and act broke. |____________| \ (•◡•) / \ / —— | | |_ |_
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Whemïmor
Whemïmor@hy_wemmy·
All you need is a little delusional and audacity and you can seriously do anything in this life.
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Peter Schiff
Peter Schiff@PeterSchiff·
Newmont Mining reported record quarterly earnings of $1.832 billion, or $1.67 per share. This compares with $922 million, or $0.80 per share, last year. Revenue rose 20% to $5.524 billion from $4.605 billion a year ago. Yet the stock is down 7%. Clearly, there is no gold bubble.
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Peaceful
Peaceful@Titanfrom243·
@popi_sibiya @yane_leesa No life jacket in those tiny "boats". They sink in Tanganyika lake on a regular basis. You are very brave and adventurous👌🏽
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Peaceful
Peaceful@Titanfrom243·
@sparkes_dwayne Useful to know. We also had samples with coarse spodumene and assays returned <0.5% LiO2. Your explanation is sound
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Dwayne Sparkes
Dwayne Sparkes@sparkes_dwayne·
Thought I might use the $ACM announcement to put a couple of my previous posts into practice. I'll also discuss below why the share price has fallen off a cliff after today's announcement. 1. K/Rb Ratio - The whole point of this ratio is to determine the level of fractionation which a pegmatite may have undergone. In my opinion, and from what I have researched, K/Rb ratios less than 200-250 may indicate a decent level of fractionation within the pegmatites. There's no point applying this ratio to rocks other than granite and pegmatite when exploring for lithium IMO. Using $ACM's results provided to us within their announcement (they may have others but I'm just going off what is available within the table in their latest announcement), their potassium (K) values for their pegmatites are 4.4%, 4.6%, & 7.1%. Their rubidium (Rb) values are 131ppm, 112ppm and 190ppm. Doing some quick math, the K/Rb ratio for these three samples: 44,000 / 131 = 335 46,000 / 112 = 410 71,000 /190 = 373 Note: I've converted the % to ppm. 1% = 10,000ppm. All fall above 200/250 so its likely the fractionation levels of these samples presented to us within the table isn't enough. 2. Visual spodumene + UV - They stated they had visual spodumene several announcements ago and also showed it glowing pink under UV. Two things on this: Firstly, it's important to note that spodumene can still look like spodumene despite having had it's lithium leached out. I learnt this the hard way when I invested in a company off visual spodumene samples and they came back with 0 lithium. 😉 Secondly, many minerals shine pink under UV light, especially when they contain manganese (Mn). I note the area has anomalous values of Mn which may explain it. Something to keep in mind next time a company presents some pretty pink rocks in a dark room to you.😆 My usual coffee for you all. Thanks for reading and hopefully it was helpful!
Dwayne Sparkes tweet mediaDwayne Sparkes tweet mediaDwayne Sparkes tweet media
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Peaceful
Peaceful@Titanfrom243·
@ThandoZikode @thee_academic There is a supervisor (even cosupervisors). He will proofread and help with editing. But i respect your opinion
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Noluthando Zikode
Noluthando Zikode@ThandoZikode·
@Titanfrom243 @thee_academic I disagree. It has nothing to do with the level of education. Mistakes happen and a thesis and dissertations r huge docs and highly referenced, so you’re bound to make a few. Having an external editor read your work before the final submission is vital.
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