Welcome back to a brand new video everyone, so since the Goldman report which predicted
lithium prices to tank to as low as $16,000 per tonne it appears the price has barely moved.
Infact despite the strict covid lockdowns in China which halted demand for ev manufacturing and as
a result lithium demand, lithium carbonate prices remain nearly 70% higher year-to-date
at highs of $71,000 per tonne. This is on the back of a global effort,
to reduce carbon emissions, while gas prices are at all-time highs.
Equally contrary to another of Goldman’s forecast is that, copper which Goldman predicted to reach
all time highs of over $13,000 per tonne this summer, hasn’t turned out well at all
as copper is now trending at 16m lows and there is a very bearish sentiment about the commodity.
So you may argue that a likely recession would drive lithium prices down if there is little
demand for evs but it would take more than a magic wand for a turnaround for copper by mid year.
My take on this is that, Goldman has just given most of us lithium investors a gift
which depressed most lithium stock prices so we can buy the deeper dip. So we would be covering
some top lithium stocks to buy now, so if you are bullish about the ev supply chain,
you want to hit that bell so you don’t miss out on any of these gems which we would be covering next.
Infact, we are unearthing those lithium gems right from the Australian exchange, which has the heart
of these top lithium plays, so you certainly want to stay tuned in for these updates, so you don’t
miss out anything in this downturn. And starting with this video I have two lithium gems for you,
one of which has a share price of 1cent which claims to have one of the largest
battery metals exploration footprints among publicly listed companies.
So I feel with such a bullish statement, should they deliver to this EV demand, it could be 1 cent
today but over the long term it could well be over 100cents per share. So huge huge opportunity here.
Also remember that a decent platform to trade these OTC and the Australian
exchange stocks is Interactive Brokers, which is a low cost & award winning platform which
allows you to trade over 135 markets. And what I REALLY like about the IBKR platform,
which you can see here from my portfolio is that, you can access some of the top
ev supply chain stocks, bought directly from different global markets with limit orders.
So if you need a platform with low fees, enabling you to trade globally
in challenging times like this, then you certainly want to checkout IBKR from my link below.
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That said please drop a quick like on the video and hit the bell,
so we can get on with it with our first stop, which is E3 Lithium (OTC: EEMMF,
TSX: ETMC) which is currently sitting at $1.92 per share with a market cap of $110mn.
E3 is bouncing off its recent lows and sitting up 44%
on the day on the back of massive transformative news. And this bounce off just comes to pare
off its recent losses to put it up 18% on the month and 7% over 6m.
And when you dig deeper on their outlook and what they have in the tank for this $100m market cap
stock, it is safe to say they still have a long way to go. Again if you like their story, you want
to be patient for any pullback from their current levels. Thank you and here’s what’s new with E3.
E3 also announced their change of name from E3 Metals to E3 Lithium Ltd.
They said, since their inception in 2017, E3 has evolved to become a leader in lithium ion-exchange
technology with a goal of becoming a major producer of battery grade lithium products.
With its business focused singularly on lithium, the name change comes at a pivotal time.
Imperial and E3 Lithium recently formed a strategic agreement on a lithium pilot project
in Alberta. They announced a collaboration to advance a lithium-extraction pilot in Alberta,
exploring the redevelopment of an historic oil field,
into a potential new leading source of lithium, for Canada’s growing critical minerals industry.
And Imperial here is Canada’s largest petroleum refiner, and they continue to be an industry
leader in applying technology and innovation to responsibly develop Canada’s energy resources.
The pilot will support E3 Lithium’s Clearwater project,
which will draw lithium from under the Leduc oil field, which is Imperial’s
historic discovery that first launched major oil and gas development in Western Canada.
The pilot project includes drilling Alberta’s first lithium evaluation wells,
planned to be completed by the end of the third quarter of this year.
And the work will also focus on scaling up E3 Lithium’s proprietary technology,
which brings the brine liquid to the surface where the lithium is removed and concentrated.
E3 Lithium’s PEA1 estimates the first phase of development
could produce approximately 20,000 tonnes of lithium hydroxide per year.
And onto our next stop, which is Brazil Minerals (OTC: BMIX)
which is currently sitting at 1cent per share with a market cap of $35m.
BMIX is sitting down 2% in the last 5 days but bouncing from its recent lows of 0.6cents per
share which it hit recently, but very long shall this momentum last. And is what is special about
this stock is that, it is not only a lithium play but what I call a hybrid stock, as in it mines
Nickel and graphite as well, which are all premium and highly sought after ev battery minerals
which puts this one in a very good place over the long term. So here’s what’s new with BMIX.
Brazil Minerals, Inc. (OTCQB: BMIX) is primarily a lithium exploration company with projects in
other highly strategic minerals such as rare earths, graphite, titanium, nickel, and cobalt.
In addition, Brazil Minerals owns equity stakes in both Apollo Resources Corporation,
a private company developing its first iron mine, and Jupiter Gold Corporation (OTCQB: JUPGF), a
listed company developing a quartzite mine and advancing two gold projects.
Brazil Minerals Doubled the Size of their Nickel Exploration Footprint as they announced that
they had obtained the permits for six additional nickel mineral rights encompassing 29,075 acres
in the state of Goiás in Brazil. One of these rights is adjacent to a nickel producing mine
and all are in a district, known for lateritic nickel deposits. With such additions,
Brazil Minerals' nickel mineral holdings ,have more than doubled to 57,900 acres (234 km2).
So to sum it all up Brazil Minerals' battery metals portfolio also includes:
60,077 acres (243 km2) for lithium, 30,009 acres (121 km2) for rare earths, 22,050
acres (89 km2) for titanium, and 14,507 acres (59 km2) for graphite. The Company believes that it
has one of the largest battery metals exploration footprints among publicly listed companies.
Brazil Minerals is also successfully advancing its hard-rock lithium project
in the state of Minas Gerais in Brazil. The additional nickel areas announced
are a natural progression of the Company's strategy in battery metals,
as both lithium and nickel are highly sought after for electric vehicle batteries.
And in their most recent update on the progress of their Lithium Projects, they said
that the Geochemical analysis at an independent laboratory of spodumene samples, has now indicated
the presence of bands of lithium mineralization at concentrations that hold promise for potential
economic exploration. So given these preliminary results, the Company, in parallel with continued
exploration of new targets and quantification of its deposits, will initiate metallurgical studies,
which will include a spodumene processing route for a commercial product. So clearly
some work in progress there in the background and so certainly one to have on your watchlist.
So some very very interesting and mindblowing prospects ahead for these lithium stocks
but only consider getting in if the price is right for you and if you fully understand the risks.
This video is not financial advice, a buy or a sell recommendation, but is meant to bring
some new and exciting penny stocks to your attention for you to do your own research..
As always I would love to hear from you, so please let me know your thoughts on these top penny
stocks in the comments section below and what other penny stocks are catching your eyes lately.
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Thank you so much for being here and I look forward to have you in my next video. Thank you