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INF - Infinity Lithium Corporation

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Plymouth Minerals Limited (PLH) has acquired the rights to 100% of two early-stage exploration tenements in south eastern Greenland. The Company intends to explore these tenements and source capital to do so via a listing on the Australian Securities Exchange (ASX) 15th April 2011 at 10:30am WST. Plymouth will also maintain an interest in sourcing and acquiring other mineral projects

http://www.plymouthminerals.com
 
I'm watching this float very keenly. Considering Plymouth's counterpart Greenland Minerals (GGG) is a little bit shakey at the moment but still hovering at the 90c mark, its surprising there are only 3 people with buy orders (at 9:30am). Well above the 20c float price though, at 31c.
I guess there would be more sitting back a little bit and waiting to see what happens.
 
MC - $3.5m
SP - 14.5c
Shares - 26m
Options - 6m @30 in 03/2014
Cash - $2.2m

PLH diversifying away from original activities at float. They have an option to acquire land adjacent to and along strike Zambia's largest copper mine. Admittedly the cash is a little thin for an exploration program, but then the MC is tiny and a capital raising won't see too much dilution if the current share price holds or increases.
Not the worst option if you are into risky, small cap stocks.

ZAMBIAN COPPERBELT OPTION
Copper exploration direction and exposure to production company set to re-rate Plymouth.
• LARGE SCALE COPPER-GOLD LICENCES ACQUISITION VIA TWO OPTIONS TO ACQUIRE SHARES.
• KANSANSHI: BORDERING ZAMBIA’S LARGEST COPPER MINE (TSX-FM)
• KASEMPA: EXPLORATION MODEL ANALAGOUS TO BLACKTHORN TENEMENTS (ASX-BTR)
• LOW COST ENTRY/SOLID IN-COUNTRY PARTNERSHIPS.
• GREAT EXPOSURE TO POTENTIAL RE-RATING THROUGH LOW E.V

Under the first Agreement Plymouth may acquire up to a 100% interest in Finesse Projects Limited (registered in the Isle of Man) (Finesse), which indirectly owns or proposes to acquire 80% of a large package of exploration ground in North Western Zambia, and under the second Agreement Plymouth may acquire a 10% interest in H and S Mining Limited incorporated in Zambia (H and S Mining), which operates the Kasempa Copper Mine, also in North Western Zambia.
 

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PLH have 50% interest in a Spanish Lithium venture. 75% interest with a PFS planned to be completed end 2018. Lower grade but apparently being a mica type of lithium is easier for conversion to lithium carbonate. Indicated and Inferred 92Mt resource equivalent to 1.3 Mt of lithium carbonate. Li2CO3 presently fetching USD23958 - 24829 per tonne. Share price action indicates something not right.
 
The proposed open-pit mine of Lithium in San José (Spain), is located just 1 km from the town center of the World Heritage City of Cáceres, with a population close to 100,000 inhabitants. The protests are beginning to take shape with concentrations like the one that took place today in the Plaza Mayor of this beautiful old city (third European architectural ensemble). It is convenient to take these facts into account when assessing the future viability of the project that faces a long political, legal and environmental battle.

https://m.facebook.com/salvemoslamontana
 

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On April 16th, 2018, Plymouth Minerals Limited (PLH) changed its name and ASX code to Infinity Lithium Corporation Limited (INF).
 
Trialing some new software and I still have my training wheels on so bear with me as I post a few charts and hopefully I can get 1 or 2 predictions correct

gee I am digging up some old lonely threads

Lithium - The sector to be in ?

Daily chart below showing the potential wave 2 pivot point. Not there yet but has a few more days to meet the timing suggested by the scan

Bottom oscillator looks to be making a turn upwards and could be a good sign for the confirmation


1608812382489.png
 
INF has been recovering well since it was re-instated to official quotation in May after announcing that its PIV application at the San José Lithium Project had been cancelled.

The bottom at 6c would have been the time to get in, as it has now recovered to a high of 15.5c today.

There seems to be a lot of optimism that the Spanish authorities will allow INF to progress the San José Lithium Project, especially after the company signed an MOU for the long-term supply of battery grade lithium hydroxide with major South Korean lithium-ion battery producer LG Energy Solution.

Today the company reported that Spanish Prime Minister Pedro Sánchez has announced an investment of €4.3 billion to kick start the production of electric vehicles and lithium-ion batteries and that this will be achieved through an initiative funded predominantly by EU Next Generation recovery and resilience funding. This will necessarily involve the stimulation of private enterprise which will include the whole production chain from extracting lithium to assembling battery cells and manufacturing electric vehicles.

So things could be slowly turning around for INF...

big.chart-INF.gif
 
Battery grade lithium being produced by INF. Unique "sulphate roast process" IP being patented. $18.71 million in cash at the end of the last quarter. The only thing holding INF back is a court decision in their favour.


INF100222.png
 
Bought this today for 0.160. I have been looking for another Lithium stock. I like the green aspect of this one and the chart of course. I may have bought in a touch early but let's see how it goes!

INF 11.4.22.png
 
now about 13.5c. Early days

QUARTERLY ACTIVITIES REPORT PERIODENDING 31 DECEMBER 2022

HIGHLIGHTS
• Mining License & EIA permitting process initiated at the San José Lithium Project
• Permitting strategy and pathway clarified by Investigation Permit rulings
• Confirmation of administrative and legal rights under Spanish law to lodge an Exploitation Concession application for the San José Lithium Project
• Infinity assumes administrative control of the San José Lithium Project
• Extremadura Lithium Decree Law ratified declaring lithium extraction and processing of regional and general interest
• MOU for Offtake with LG Energy Solution extended
• MOU with Major Spanish Industrial and Energy Consortium signed
• Available cash as at 31 December 2022 of A$16.1 million.
 
Bought mid Oct, sold 10 days later. Failed breakout. 2nd attempt failed also, without me though.
Mini profit ($138.08net).
Ignored since.
Time for another looky, is it DF?

I should say, I think I ran for the hills because where they want to mine is under a town, or something similar?
Can't rightly remember now.
 
Good morning
Have entered INF into the June 2023 Stock Tipping Competition.
Woopy do the cows went mooooooooooooooo ...

Anyways, the ducks are starting to line up.
Latest announcement dated 9 May 2023 contains plenty of words. Short end of the stick, government has provided preliminary conditions for San José to be compatible with environmental and urbanistic licence requirements.
The company still required to furnish:
  • Environmental Impact Assessment Scoping Doc;
  • Exploitation Concession Application (‘ECA’) Notification; and
  • Exploitation Concession Application submission (By 4th 1/4 2023 !!!)
Kindly conduct your own due diligence (have attached a couple of documents) and have a very nice weekend.

Regards
rcw1
 

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Good morning
rcw1 has chosen INF for the July 2023 Stock Tipping Competition.

Latest company brain washing announcement attached :) re Company Presentation), see what happens ...

Kind regards
rcw1
 

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Yep, hard to go wrong ... like motherhood, who would dare to criticise?


- A fully integrated project with renewed government support
- Become a globally significant supplier of battery grade lithium
- Development of the fully integrated
operation with blue chip support
- Deliver an updated scoping study and progress the mining license
- Renewed interest in INF’s holistic value proposition following permitting success

▪ Infinity is now in a position to accelerate their on-ground developments
▪ Updated studies are being progressed into H2 CY23 to update economics
▪ Aligning with existing and new blue-chip partners to support commercialization
▪ The European supply chain and lithium demand curve is positioning the San José asset as a geostrategic asset in the continent
 
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