Seeking Alpha

sparty33

sparty33
Send Message
View as an RSS Feed
View sparty33's Comments BY TICKER:
Latest  |  Highest rated
  • Silver Poised To Surge On Big American Buying [View article]
    In the light of the comments above I think that some useful information can be gleaned from this article: http://seekingalpha.co... as it addresses the important component of "all in costs" and ongoing viability of Ag primary producers and importantly the influence of co-credits.
    Mar 22, 2015. 12:11 AM | Likes Like |Link to Comment
  • Gold Below $700 And Soon... [View article]
    KillerCam,
    I am flat out keeping up with Australia's gold companies. I don't have time to analyze the USA ones. But it seems likely that quite a few Australian Gold companies will be able to survive and eventually prosper.... keeping production going, even at a lower rate, is preferable to putting a mine on care and maintenance let alone bearing the costs associated with decommissioning and remediation.

    I think we should end this bickering now... we are on different sides of the world and personally I don't find your USA gold companies all that appealing given your rising dollar and the amount of work I would need to do to make informed decisions. I might however invest in the HUI at some stage.
    Mar 12, 2015. 09:20 AM | Likes Like |Link to Comment
  • Gold Below $700 And Soon... [View article]
    I think that this: http://bit.ly/1KVKJdm could help you understand the currency effect on BDR's earnings and longevity. It should also be noted that our on-shore Australian based gold miners are experiencing the same +ve effects from the rise in the US$. (it should be remembered that a company's costs are in their local currency by and large)
    Mar 11, 2015. 08:23 AM | Likes Like |Link to Comment
  • Gold Below $700 And Soon... [View article]
    I doubt that you read through BDR's ASX announcements... What I was pointing out was that there are quite a few ASX listed gold companies that will survive the current price downturn. China, Russia and Australia are the world's top three gold producers.... Australia has dozens of listed gold producers. Our dollar is rapidly depreciating and this helps our miners... So if you want to roll around the floor LOL while we eat your lunch be my guest.
    Mar 9, 2015. 03:08 AM | Likes Like |Link to Comment
  • Gold Below $700 And Soon... [View article]
    Dirtyharry,
    perhaps you should have a look at several of the ASX gold companies. Some have much cheaper costs than you mention. The third chart on this page http://bit.ly/1GeGItP has the costs for June Qtr 2013 for 20 of them.

    Note: Since then there has been a significant drop in the USD:AUD exchange rate plus diesel and petrol have become cheaper. I will post the up to date figures (Sept. Qtr 2015) when I have them to hand). But it would seem reasonable to assume that the costs of production has decreased.

    From memory I think that ASX: BDR is one of the lowest costs miners. CY2015 Guidance for gold sales is fore-casted between 170,000 – 190,000 ounces. All-in sustaining costs of US$810 – US$890 per ounce http://bit.ly/1LfL1qC
    Mar 8, 2015. 09:10 AM | 1 Like Like |Link to Comment
  • Gold Below $700 And Soon... [View article]
    With so much uncertainty as to the amount of gold bullion China holds and the possible outcomes if they have much more than the USA makes this article a brave call.
    Mar 7, 2015. 10:29 PM | 2 Likes Like |Link to Comment
  • Where Can An Investor Get Exposure To The Gas-To-Liquids Process? [View article]
    Linc Energy listed on the Singapore exchange (SGX code: TI6) has quite a long history (10 years+) in this area. Of particular importance is their work with UGC GTL; Where coal is heated and transformed underground to produce a synthesis gas (syngas), which is extracted through a well and utilised for power generation or as feedstock in the production of liquid fuels, fertilisers, or other chemical products. - See more at: http://bit.ly/18VQlUg

    For an overview of UCG-GTL http://www.ucg-gtl.com is likely a useful starting point.
    Mar 5, 2015. 10:40 PM | Likes Like |Link to Comment
  • The Lithium Industry: Will Supply Meet Demand? [View article]
    TurbOkat,
    The actual separation of the rare earths into the individual elements is the expensive and difficult part with plants like Lynas' Malaysian LAMP costing around a billion dollars. So far both MCP and LYC are not breaking even and they are the current "pick and shovel" light rare earth guys and they are having a lot of trouble competing with China on a cost basis.

    What MCP and LYC don't have is large heavy rare earth resources that are amenable to low cost mining, benefaction and separation. China will likely need almost all of the heavies they produce and this is where Canada and Australia will be able to get into the game and likely become the suppliers of choice. Australia in particular has several listed companies with very large heavy rare earth resources and a couple of these have already worked out excellent separation and refining processes or have formed partnerships with overseas companies that can do the job for them.
    Sep 6, 2014. 09:42 AM | 1 Like Like |Link to Comment
  • Molycorp Is Worth $1.60 Per Share [View article]
    If Molycorp does go under what will happen to Lynas. Up or down?
    Jul 9, 2014. 01:35 AM | Likes Like |Link to Comment
  • What To Do Now With The Potash Stocks [View article]
    I can see some logic re the KCL but what about the rarer and perhaps more suited for the Asian market SOP?
    Jul 1, 2014. 10:22 PM | Likes Like |Link to Comment
  • Gold And Silver: More Short-Term Pain? [View article]
    CAPS = yelling
    Jun 13, 2014. 09:14 AM | 1 Like Like |Link to Comment
  • Gold And Silver: More Short-Term Pain? [View article]
    You can probably gain insight into why I wrote "if" by visiting http://bit.ly/1qtxnHw
    Jun 11, 2014. 09:19 AM | Likes Like |Link to Comment
  • Gold And Silver: More Short-Term Pain? [View article]
    If you follow this link http://bit.ly/1l41yzK you will see why if Stephen is correct that "money supply and gold are related" we should have some silver action
    Jun 10, 2014. 09:18 AM | Likes Like |Link to Comment
  • The Lithium Industry: Will Supply Meet Demand? [View article]
    UBS have just published a report that would be worth reading re solar and off-grid storage. Page 55 onwards addresses LIB etc.

    "Storage is almost there – it’s the missing link for the renewable puzzle Household sized lithium battery storage is even today sold in Australia LRMC $0.70 kWh Peak grid delivered cost in Sydney is $0.50 kWh. Global forecasts are for the stationary storage market to grow 35% per year to 2020 to ~$6bn for lithium batteries alone. The increased penetration of solar is creating a massive market for storage whether at the network or household level. Storage solves the system-wide reserve issues created by solar and wind penetration but cost is currently too high"

    You'll have to contact one of their analysts to get a copy: david.leitch@ubs.com is likely a good starting point.
    May 8, 2014. 10:01 PM | 1 Like Like |Link to Comment
  • The Lithium Industry: Will Supply Meet Demand? [View article]
    Another competitor for Lithium will be perhaps be off-grid solar energy stand alone system's batteries as well as large scale grid stabilizers. Australia is starting to trial the off-grid stand alone systems currently: "Australia will be one of the proving grounds for the world’s second largest solar energy company to test its off-grid solar energy storage, putting solar panels and lithium-ion batteries into customers’ homes in Victoria. SunPower is expected to make an official announcement on a pilot project in Australia’s second most populous state in the next two months." http://bit.ly/1jEeAI0

    There are several large scale Li based batteries for transient grid tied applications under development for example: Sanyo to build GRID STORAGE Li batteries: http://bit.ly/1jEeAI3

    If these applications prove to be successful then Lithium demand will be larger than is generally predicted.... however with increased supply pressure there will likely be an increased price signal that would allow for the world's massive resources to be developed. And if this were to happen then Australia's lithium resources would likely become economic. You can read about Australian Lithium at http://bit.ly/RvM1vp
    May 8, 2014. 09:26 AM | Likes Like |Link to Comment
COMMENTS STATS
28 Comments
16 Likes