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Lithium - Noram Ventures Inc. (NRM.V)

Discussion in 'Penny Stocks' started by Auri, Oct 19, 2018.

  1. Auri

    Auri Member

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    Noram Ventures Inc. (NRM.V) is advancing its lithium mineral properties located in Nevada and Argentina and establishing itself as the low-cost supplier for the expanding lithium battery business.

    October 11, 2018 PP for $1,256,060 @ $0.10.5/unit ( for phase 3 drilling )

    NI 43-101 compliant inferred resource of 17 million tonnes at a grade of 1060 ppm lithium, equates to 96,476 Lithium Carbonate Equivalent (LCE)

    Up to 96% recovery of the lithium by way of leaching.

    Noram’s property is adjacent to Cypress Development Lithium deposit which has a net present value of $1.45 billion at 8% discount rate and 32.7% internal rate of return on after-tax cash flow.

    Noram’s lithium property is located within one mile (1.6 km) of Albemarle Corp.'s lithium brine operations and adjacent to Cypress Development Lithium deposit which has a net present value of $1.45 billion at 8% discount rate and 32.7% internal rate of return on after-tax cash flow.


    Upcoming phase 3 drilling is designed to expand the existing resource with 11 holes to a depth of approximately 100 metres that extend the mineralization to the south and east of the current resource area.

    32M I/O

    52 week - 0.80 0.12

    www.noramventures.com/

    fyi, A car uses about 4,500 times the amount of lithium a cellphone uses. According to analysts at Citigroup.

    Electric vehicles consumed 15,000 tons of lithium in 2015.

    By 2025, the car industry will consume 136,000 tons or more.



    Lithium Car.jpg
     
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  2. Vanadium Tony

    Vanadium Tony New Member

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    Why invest in a new penny stock when you can invest in a company with an ebiteda of more than $ 200 M this year, which will grow to $ 400 M in the next 3 years.

    This company (name Advanced Metallurgical Group : AMG listed in the Netherlands) has just started up the lithium production. But more interesting they are one of the largest vanadium producers in the world. They have a plant in Cambridge Ohio. 2 days ago they announced to double (and a bit more) their production on that plant.
    Finance of the capex has been covered!

    Vanadium is very needed for steel to make it stronger. No vanadium, results in no steel factories, no car industry. Also for new tech, like the vanadium redox flow batteries.

    There is a shortage in the world and esp in the US. AMG is maybe the only US producer of Vanadium now!!!

    Stockprice about Euro 40
     
    #2 Vanadium Tony, Oct 20, 2018
    Last edited: Oct 20, 2018
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  3. Vanadium Tony

    Vanadium Tony New Member

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    AMG Vanadium to boost N American output
    Oct 19, 2018 | 09:39 AM |

    Tags AMG Vanadium, AMG, Advanced Metallurgical Group, vanadium, vanadium pentoxide, spent catalysts, V2O5, ferro-alloys ferro-alloy prices



    NEW YORK — AMG Vanadium LLC has decided to proceed with expansion plans that will more than double its spent catalyst processing capacity and significantly increase vanadium production capacity at its North American operations by 2021.


    The decision to expand vanadium production comes amid soaring prices for the material: Pricing for both ferro-vanadium and vanadium pentoxide have more than quadrupled over the past 15 months due to global supply constraints and a consistent strengthening in demand.

    Fastmarkets assessed the ferro-vanadium price in the United States at $51-53 per lb on October 11, up from $11.65-12 per lb in early July 2017 Vanadium pentoxide was assessed at $23.60-25 per lb on October 12, up from $5.35-6 per lb in the same comparison.

    The company, a subsidiary of Amsterdam-based AMG Advanced Metallurgical Group NV, expects to commence production on the new facility in mid-2019, with spent catalyst processing capacity rising by 35,000 tons and that for vanadium production by 6 million lbs.

    AMG is targeting early 2021 for completion of construction on the new processing facility, which replaces a previously announced 30% expansion of its existing facility in Cambridge, Ohio.

    "The new facility will help AMG meet customer demand for management of spent catalysts, a listed hazardous waste, and provide proven sustainable recycling of the valuable metals contained in the waste,” AMG Vanadium president Hoy Frakes said in a statement on Tuesday October 16.

    AMG's management board approved the commencement of engineering work on the new facility after completing a feasibility study to replicate the existing plant in Cambridge.

    “This expansion has been in the making for over a year and would not be possible without the AMG teams' depth of experience, local and state governmental and agency support, and our stakeholders' commitment to the industry," Frakes said.

    While the location for the new plant has not been determined, several potential sites are under final consideration that are within operational proximity to AMG’s Cambridge plant.

    Chris Kavanaugh
     
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  4. Auri

    Auri Member

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  5. Auri

    Auri Member

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    TRADES UP 20 % $NRM.V / $NRVTF - Noram Ventures Advanced High Grade Lithium Projects in the Clayton Valley, Nevada, USA


    #lithium #microcap #investing #stocks #investments #mining #electricvehicles #demand #batteries #forecasting


    Earlier this year, a report released by Morgan Stanley predicting an oversupply in the market, set the tone for lithium investing in 2018, scaring a lot of speculative capital away from the lithium stocks.

    The other big challenge this year was this obsessive and unnecessary focus on the China price, which is inconsequential.

    Analysts suggest investors should not be looking at short-term prices, but instead should look at certain number of months or quarters to get a sense of where things are going.

    They state that instead of looking at prices and trying to guess where they are going, go look instead at the lithium cost curve.

    The analysts refer to how share prices have performed, saying that it is the first time in many years that they seen this big disconnect between the stock prices and the demand forecast.

    They have not seen any data showing that the demand is reversing or slowing down, if anything, it seems the demand narrative is only getting stronger they said.

    When looking back at 2018, the experts believe this year will be seen as the year where valuations reset because “there are some enormously cheap opportunities in the lithium space right now.”


    Electric Car.jpg Electric Car.jpg Electric Car.jpg
     
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  6. Auri

    Auri Member

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  7. Auri

    Auri Member

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  8. Anna Smith

    Anna Smith New Member

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    Due to an increasing use of the metal in EV batteries the demand for this metal is rising as indicated by speculators. When it comes to lithium, Australia is the largest producer in the World and we see more companies are joining this boom.
    Kalkine Media . com
     
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  9. Onepoint272

    Onepoint272 Well-Known Member

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    For mine and other U.S. trader's future reference: Noram Ventures trades OTC with ticker NRVTF.

    Not sure if AMG trades in the U.S. I hope so. Anyone know?
     
  10. Auri

    Auri Member

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  11. Auri

    Auri Member

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