Jump to content


Photo
- - - - -

Tawana


  • Please log in to reply
94 replies to this topic

#1 sommerso

sommerso

    Member

  • Members
  • PipPip
  • 121 posts
  • LocationCape Town

Posted 13 June 2017 - 08:12 AM

Trading Halt called on ASX 

 

Time to dust off that second mortgage :) 


  • 1

#2 Dusty Mountain

Dusty Mountain

    Newbie

  • Members
  • Pip
  • 23 posts

Posted 07 June 2017 - 02:40 PM

Waiting in anticipation!!!

 

"Tawana and AMAL are in the advanced stages of completing a feasibility study with off-take pricing, metallurgical and process engineering aspects of the study completed, and the mining engineering and infrastructure capital costs nearing completion. The results of the study are expected to be released within two weeks."

So looks like we are just waiting for the mining engineering and infrastructure capital costs to be completed. I think Primero has completed their bit of the feasibility study.

From their website: http://www.primero.com.au/minerals/
603348-263bbd07ad4faacf6616f745329145f2. 


  • 0

#3 Dusty Mountain

Dusty Mountain

    Newbie

  • Members
  • Pip
  • 23 posts

Posted 07 June 2017 - 02:28 PM

Check out threads on "Sharejunction AMAL" & "Hotcopper tawana" for latest news opinions and comments

 

Tesla To Build 10&ndash 20 Gigafactories Around The World As It Scales Up (#ElonTalks)


June 7th, 2017  by  Kyle Field  

 

The 2017 Annual Tesla Shareholder&rsquo s Meeting on June 6th blew the lid off of new updates on Model 3,  Model Y, and Tesla Semi, while also providing updates on more mundane business matters. One massive update was about the number of Gigafactories Tesla is planning around the world. CEO Elon Musk shared that it is planning for at least 10 Gigafactories, but could build as many as 20.

The variance in his estimate is based on how other manufacturers respond to the challenge Tesla has thrown down. Let&rsquo s wind the tape back for a minute. Elon noted in the past that the world would need approximately 100 Gigafactories to produce all of the energy storage and electric vehicles it would need. His announcement today that Tesla would build 10 Gigafactories implies that  it will own 10% of the world&rsquo s future energy storage and electric vehicle capacity.

Assuming Tesla can sell its cars, the full manufacturing  capacity of those Gigafactories will come straight out of the market share of existing automotive companies. If they do not respond to the inevitable shift of consumers to electric vehicles in time, Tesla will have more time to eat up their market share. That clearly includes the market share of  BMW,  Audi, Mercedes, and  Lexus, among others. Tesla estimating that it will build 10 to 20 Gigafactories  is a statement that Tesla believes it will have to build at least 10 Gigafactories at the current pace before other manufacturers catch up. If they respond slower, which seems to be the case with every automotive manufacturer today with the exception of perhaps Chevrolet and its Bolt, Tesla would have an even larger head start in the transition to electric vehicles and would be able to build more factories before there were enough competition to saturate the market.

Battery Production

Diving into work currently underway for batteries, Elon shared that Gigafactory 1 is on track and will be able to produce more lithium-ion batteries than the rest of the world combined when it is at full capacity. This includes the capacity of all other EV manufacturers and clearly puts Tesla on top as having the highest capacity to produce the batteries required for serious volumes of EV production.

gigafactory_1-570x320.png

Said another way, even if another major automotive player wanted to roll into EVs with billions of dollars to work with, it would be constrained by the number of available batteries to purchase from all current sources. Tesla&rsquo s foresight to build battery capacity in advance of the demand was and continues to be a massive  competitive advantage  for the foreseeable future.

&ldquo We are maximizing economies of scale to get the lowest cost batteries possible.&rdquo

Tesla is pushing to have the most advanced batteries possible at the lowest cost. From his perspective, Elon shared that no one out there is close to doing the same thing because of the massive advantage in scale Tesla has and because of the advancements in battery technology Tesla has made with its battery (and now solar) partnership with Panasonic.

&ldquo There&rsquo s just no one else even attempting anything on this scale. That puts us in a very strong competitive position to sustain the company over the years to come.&rdquo

&ldquo [The Gigafactory is]  like a giant machine&rdquo that Tesla will continue to refine and optimize as it scales operations globally.

He also spent a good deal of time on safety. This is clearly in response to continued pressure from the United Auto Workers Union, which has been pushing workers to unionize. Elon shared that the safety rate at the Fremont factory is half that of the automotive industry globally and far better than competitive automotive factories in the US.

Tesla is moving from 2 shifts per day to 3 shifts per day to help reduce the number of safety incidents.  It  found that many injuries were happening at the end of shift when workers are the most tired and believes that this will help improve the safety of its workers. He stated that he is proud of the safety team at Tesla and because of their hard work, Tesla is making great progress towards being the safest manufacturing company in the world.

The Next Gigafactories

Tesla has massive plans to scale up with more Gigafactories around the world and is seriously considering 3 more locations at present. The overall plans for its rollout of Gigafactories  is still being finalized. He had previously shared that Tesla would announce the location of the next 2&ndash 4 Gigafactories by the end of this year, so this statement is right in line.

Battery Upgrades

Elon shared that current Tesla owners can pay to upgrade their battery. He noted that it would be expensive but that it was something Tesla was looking to more officially support. To get the most out of the initial investment, owners  should wait until the life of the battery has been run down before upgrading and it would still likely to be a better option to just sell the older Tesla and to buy a new one.

Speaking of older Teslas &hellip Elon picked the scab off what sounded like a pet peeve of his. He shared that pre-owned Teslas will be rebranded as used Teslas on the website because that&rsquo s what they are. Tesla will give the used vehicle  section more prominence on the website moving forward. With a used Model S coming in at  around the same price as a new Model 3, but with availability right now, it is a good option for those who  don&rsquo t want to wait for the Model 3.


  • 0

#4 sommerso

sommerso

    Member

  • Members
  • PipPip
  • 121 posts
  • LocationCape Town

Posted 02 June 2017 - 11:54 AM

It would seem so. Everyone is eagerly awaiting the feasibility study. I've got a few that averaged out at 2.87. Sadly I can't sell any of my other shares at this moment as they are close to Zero... *cough* lonmin *cough* ... Some rumours suggest that Nissan will be taking the Lithium in the end. All this is for none if this share doesn't start generating news on our exchanges?
  • 0

#5 SoleTrader

SoleTrader

    Advanced Member

  • Junior Member
  • PipPipPip
  • 387 posts

Posted 01 June 2017 - 02:57 PM

I just bought another slug at 255c.  The price on the ASX seems to be stabilizing at these levels. 


  • 0

#6 sommerso

sommerso

    Member

  • Members
  • PipPip
  • 121 posts
  • LocationCape Town

Posted 24 May 2017 - 09:02 PM

to all those still following this thread 

 

Tawana Resources NL (“Tawana” or the “Company”) and Alliance Mineral Assets Limited (SGX: AMAL) are pleased to announce that extensional step-out drilling at the Bald Hill project, Western Australia has trebled the size of the target area originally defined in January 2017. The extended area contains the most significant lithium results to date.

 

http://infopub.sgx.c...t&FileID=455210

 

and rumour has it Lithium demand is already outstripping supply and can soon be sold out. 

 

 


  • 0

#7 SoleTrader

SoleTrader

    Advanced Member

  • Junior Member
  • PipPipPip
  • 387 posts

Posted 15 May 2017 - 05:03 PM

Gap is closing :)

Yip. Managed to get some of my previous sale back at 250/255c. Still a 20c premium to Aus, but the price is more realistic.  Does anyone know if the stock was punted in Redhot Pennystocks? Its the only reason i can think of which caused the big disconnect as local punters went bossies for the share. 


  • 0

#8 sommerso

sommerso

    Member

  • Members
  • PipPip
  • 121 posts
  • LocationCape Town

Posted 15 May 2017 - 12:48 PM

Gap is closing :)


  • 0

#9 SoleTrader

SoleTrader

    Advanced Member

  • Junior Member
  • PipPipPip
  • 387 posts

Posted 09 May 2017 - 07:50 PM

This share has been hyped too much, if you are not in it yet, sit back, do some digging about the company before putting your money in. The difference of the share prices in AUS & SA should be a.concern.


Agree. This was the first major gap between the two markets ever. I sold some TAW at 450c when the ASX price was 280c. Eventually the arb will disappear. Also, let's not forget that TAW up almost 1000% over past year. There is bound to be some profit taking and volatility. But I am hoping that the project NPV release will reignite interest. Still holding 45% of my holding, waiting to buy back what I sold at 250c
  • 0

#10 Blackobar

Blackobar

    Newbie

  • Members
  • Pip
  • 23 posts

Posted 09 May 2017 - 12:17 PM

This share has been hyped too much, if you are not in it yet, sit back, do some digging about the company before putting your money in. The difference of the share prices in AUS & SA should be a.concern.
  • 0

#11 Rulz3

Rulz3

    Little Master

  • Members
  • PipPipPipPip
  • 518 posts

Posted 09 May 2017 - 10:41 AM

Seems like it was a pump and dump case.


  • 0

#12 Shi

Shi

    Little Master

  • Senior Member
  • PipPipPipPip
  • 571 posts
  • LocationCape Town

Posted 09 May 2017 - 09:31 AM

Why do you think the ASX price is falling?


  • 0
“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#13 sommerso

sommerso

    Member

  • Members
  • PipPip
  • 121 posts
  • LocationCape Town

Posted 09 May 2017 - 07:42 AM

I was so close to putting in at 2.75 yesterday. Was watching it drop hoping for 2.50. Closed on 22.5c on ASX. More shares on offer too. Time will tell with this one. 

 

aw crap. China was closed when I looked. Still trading. Nevermind me. 


  • 0

#14 sommerso

sommerso

    Member

  • Members
  • PipPip
  • 121 posts
  • LocationCape Town

Posted 09 May 2017 - 07:35 AM

I was so close to putting in at 2.75 yesterday. Was watching it drop hoping for 2.50. Closed on 22.5c on ASX. More shares on offer too. Time will tell with this one. 


  • 0

#15 SoleTrader

SoleTrader

    Advanced Member

  • Junior Member
  • PipPipPip
  • 387 posts

Posted 08 May 2017 - 06:04 PM

The trigger finger is starting to itch...


Sold more at 300c. I am bid strongly at 250c. Maybe there is an illiquidy premium in play
  • 0

#16 Agent47

Agent47

    Newbie

  • Members
  • Pip
  • 11 posts

Posted 08 May 2017 - 02:35 PM

The trigger finger is starting to itch...
  • 0

#17 sommerso

sommerso

    Member

  • Members
  • PipPip
  • 121 posts
  • LocationCape Town

Posted 08 May 2017 - 02:24 PM

At 2.75. 

 

You won't have to be patient for too long. 

 

Down at 0.225 on ASX 


  • 0

#18 Agent47

Agent47

    Newbie

  • Members
  • Pip
  • 11 posts

Posted 04 May 2017 - 08:44 AM

I am also patiently waiting to get back in at below 280 c, preferably at around 250 c


  • 0

#19 SoleTrader

SoleTrader

    Advanced Member

  • Junior Member
  • PipPipPip
  • 387 posts

Posted 03 May 2017 - 07:08 PM

I sold all the shares I bought recently at 280c. Given the ASX price, the share isn't worth 250c. Got a buying order at 260c, leaving some on the table for the seller! Now please fill me.
  • 0

#20 sommerso

sommerso

    Member

  • Members
  • PipPip
  • 121 posts
  • LocationCape Town

Posted 01 May 2017 - 08:21 PM

There definitely is a big "geo-cultural" influence regarding this stock. A lot of excitement on the ASX forums for Tawana,. I suspect what also helps is that there are a few Lithium mines down under already, so it isn't new to them whereas South Africa is mostly just precious metals and gold. Lithium is largely unknown. 

 

Down 5% on the ASX today. Will keep an eye out to see what happens on our side. Got all my eggs set aside for this basket. 


  • 0





Sponsored by Sharenet and VPSNine Linux VPS Hosting