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PLL, PIEDMONT LITHIUM
nipper
post Posted: Jul 21 2021, 09:06 PM
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and falling flat on its face, a whoops moment (and the some). Down 20+%
QUOTE
GASTON COUNTY, N.C. (Reuters) : In its quest to build one of the largest lithium mines in the United States, Piedmont Lithium Inc has overlooked one crucial constituency: its North Carolina neighbors.Piedmont last autumn signed a deal to supply U.S. electric automaker Tesla Inc with lithium sourced from its deposits in North Carolina, sending the company's stock up tenfold.


Piedmont has also hired investment banks to find investors for its $840 million project, which would include an open-air pit more than 500 feet (152 m) deep and facilities to produce lithium-based electric vehicle (EV) battery chemicals.​​The company, however, has not applied for a state mining permit or a necessary zoning variance in Gaston County, just west of Charlotte, despite telling investors since 2018 that it was on the verge of doing so.​​Five of the seven members of the county's board of commissioners, who control zoning changes, say they may block or delay the project because Piedmont has not told them what levels of dust, noise and vibrations will occur, nor how water and air quality would be affected. Piedmont has sort of put the proverbial cart before the horse, said Tom Keigher, chair of the board of commissioners. Why in the world would they make this deal with Tesla before they even have approval for the mine? ............In September 2018, Piedmont told investors it expected to obtain permits by the end of 2019. In August 2019, executives said they would apply for permits and rezoning "in the coming months."​​Piedmont said both times it was "not aware" of any reason why the county would not approve zoning changes, even though it had yet to present any information to commissioners.

In December, Piedmont said it expected to receive local zoning approval before the end of June.​​​Piedmont had been set to meet with commissioners in March, but canceled with three days' notice, further straining the relationship. Piedmont said it canceled that meeting in order to further refine its plans.This has been the worst rollout of a project from a company I've ever seen, said Chad Brown, a commissioner who opposes the mine.

Phillips, Piedmont's CEO, gave the company's first presentation on the proposed project to commissioners on Tuesday night

"We haven't done a good job - and I blame myself - engaging with the community," Phillips said at the nearly three-hour-long meeting, which was webcast. One commissioner told Phillips it likely will be easier for the company to raise the necessary $840 million for the project than it will be to secure community support.​​​State officials added their review process could stretch for more than a year as they solicit comments from at least six other state and federal agencies."I'm not even going to accept an application from Piedmont for rezoning until they have their state permit in hand," said Brian Sciba, director of Gaston County's planning and zoning office.​​


MINE AROUND MY PROPERTY
While some landowners are prepared to sell if the offer is enticing enough, others say Piedmont has bullied them."They told me that if I don't sell, they'll just mine around my property," said Emilie Nelson, whose 14 acres Piedmont has tried to buy since 2017.

In push to supply Tesla, Piedmont Lithium irks North Carolina neighbors



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Apr 8 2021, 04:03 PM
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In Reply To: nipper's post @ Mar 24 2021, 10:10 AM



QUOTE
Piedmont Lithium has scaled up its forecasts for mineral deposits at its flagship project in North Carolina, indicating a greater output of lithium.

The company, which signed an agreement to supply Tesla in a move that sent its stock price soaring last year, said on Thursday the global mineral resource estimate at the site was 40 per cent more than previously forecast.

The project site now has a mineral resource estimate of 39.2 megatonnes, according to the company.

“The expanded resource offers the potential for increased annual lithium production something we will evaluate as we prepare our updated scoping study for release next month,” said Keith Phillips, president and chief executive of Piedmont Lithium.
.... < bit of a howler in there... if it was Uranium, megatonnes might be appropriate. I'd go for million tonnes or mT >






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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Mar 24 2021, 10:10 AM
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In Reply To: nipper's post @ Feb 1 2021, 02:56 PM

PLL raised US$122M in ADRs for its Lithium project ... or A$159M






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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Feb 1 2021, 02:56 PM
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In Reply To: nipper's post @ Jan 20 2021, 08:33 PM

  • Piedmont Lithium to change primary share market listing to the US, retains secondary listing in Australia
  • 'Recent activity in the US battery materials equity markets validates our efforts to re-domicile Piedmont'
QUOTE
Recent activity in the US battery materials equity markets validates our efforts to re-domicile Piedmont, and we look forward to completing the work moving our primary listing to Nasdaq, while maintaining a secondary Australian listing, said president and chief executive, Keith Phillips.

QUOTE
"\It is an exciting time for the battery materials industry in North America. Our North Carolina location places us in an ideal position to play a pivotal role in helping power North America's electric vehicle and clean energy storage revolutions, said Phillips




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Jan 20 2021, 08:33 PM
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on a second go up, back through 60c . was 10c to 62c in Sept then down as quickly to sub 40c until recently


on 11 Jan, put $12million in ASX listed Sayona Mining (SYA) to take a 19.9% stake and gain exposure to its assets, especially the Quebec spodumene resource.
And besides, its a lithium story, and on a roll




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
bg99
post Posted: Sep 28 2020, 03:15 PM
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In Reply To: nipper's post @ Sep 28 2020, 12:15 PM

funny how Musk says there is enough lithium in Nevada for the worlds needs and then he goes to North Carolina for a contract,same country at least

I doubt very much that the Sth American or Oz sources wont be in demand also


 


nipper
post Posted: Sep 28 2020, 12:15 PM
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a bit of a whoops moment. .... up 80% when it reopened this morning, before retracing some.


Piedmont Lithium has detailed the five year supply deal signed with Tesla, telling the ASX that staff inadvertently announced the deal on September 23 prior to release of a market update via the exchange.

Piedmont confirmed it had lodged the announcement with the exchange before it was announced on the company website, although it had not received confirmation from the ASX of release to the market. The announcement was held by the ASX, which queried details of the news.

Key terms of the deal include fixed pricing for a volume of 160,000 tonnes of concentrate per annum with an optional five year extension. Deliveries are booked in to start between July 2022 and July 2023.



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
Duster
post Posted: Oct 27 2017, 07:48 PM
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Check here for price in the US

http://business.nasdaq.com/list/Internatio...ithium-ltd.html



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Patience is the key to success.
 
bg99
post Posted: Oct 26 2017, 05:02 PM
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In Reply To: Duster's post @ Oct 26 2017, 11:18 AM

Yes am still holding Duster, planned to stay in for awhile..... not great at working out likely values for this but its early days I guess..... sounded promising to me so glad you think there is plenty more upside. Lets see how they will go about this CR.

 
nipper
post Posted: Oct 26 2017, 01:36 PM
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In Reply To: bg99's post @ Oct 4 2017, 07:53 PM

Piedmont Lithium Limited (PLL, formerly WCP Resources Limited) is an Australian company engaged in the identification, acquisition, exploration and development of resource projects in .... America.

The Carolina Tin-Spodumene Belt has previously been described as one of the largest lithium provinces in the world and is located approximately 40 kilometers west of Charlotte, North Carolina, United States. The TSB was the most important lithium producing region in the western world prior to the establishment of the brine operations in Chile in the late 1990's. The TSB extends over approximately 60 kilometers in length and reaches a maximum width of approximately 1.6 kilometres

Assay results from the first 26 holes of the Phase 2 drill program together with visual analysis of the remaining Phase 2 drilling has confirmed 8 mineralized trends totaling ~4 kilometers of strike length.

The mineralized trends consist of one or more spodumene bearing pegmatite dykes ranging up to 16 meters in drill thickness, with results confirming high grade lithium mineralization .

And now, TH -> capital raising being managed by Foster Stockbroking



--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
 


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