Sterling Group Lithiummine mit Chinaphantasie - 500 Beiträge pro Seite
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ISIN: US85932R1041 · WKN: A0B9TQ
0,0076
USD
0,00 %
0,0000 USD
Letzter Kurs 23.07.19 Nasdaq OTC
Werte aus der Branche Rohstoffe
Wertpapier | Kurs | Perf. % |
---|---|---|
0,9200 | +53,33 | |
0,7500 | +50,00 | |
2,4800 | +11,71 | |
2,1000 | +11,70 | |
1,3900 | +11,20 |
Wertpapier | Kurs | Perf. % |
---|---|---|
0,6200 | -7,46 | |
0,7800 | -8,24 | |
1,7300 | -8,95 | |
0,6600 | -9,59 | |
173,10 | -9,84 |
Guten Morgen,
am 3. Februar kam dieser Stock an den OTCBB zu 1,00 USD. 36 Mio. Shares sind outstanding. Auch in Berlin notiert.
Letzte News über ein Privat Placement:
Press Release Source: Sterling Group Ventures Inc.
Sterling Group Arranges a Non-Brokered Placement
Tuesday February 3, 3:49 pm ET
VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 3, 2004--Sterling Group Ventures Inc. (the " Company" ) is pleased to announce that it has arranged a non-brokered private placement of up to 5,000,000 units at $0.50 per unit for total proceeds of $2,500,000. Each unit will consist of one common share and one non-transferable share purchase warrant entitling the holder to purchase one common share for two years, at $0.50 per share in the first year or $0.75 in the second year. Upon exercising warrant, holder of each unit will have one additional non-transferable share purchase warrant at $1.00 for another year. The proceeds from this private placement will be used to update a 1999 feasibility study and design the development of Jiajika deposit which is expected to be in production in 2005, further exploration/development at Daoxian and Lushi deposits and working capital.
A 7% finder`s fee will be paid in units.
Sterling Group aims to be a major lithium producer in China. It has signed an agreement to develop the Jiajika deposit, the largest lithium mineral deposit in China and letter of intents to develop/explore the Daoxian and Lushi deposits.
Der Wert der Minen soll einen Kurs von 10 US Dollar rechtfertigen.
Wir kennen die Lithiumbatterien, diese Sparte macht aber nur 7% des gesamten Lithiummarktes aus. Verwand wird es in der Keramik und Glasindustrie (21%), in der Aluminiumproduktion (19%), bei der Herstellung von synthetischen Gummi und der Pharmaindustrie (13%), sowie in verschiedenen chemischen Produkten (25%). Ein gigantischer Markt und China ist nach Chile der zweitgrößte Produzent. Der Verbrauch von Lithiumprodukten steigt jedes Jahr zwischen 2 - 5 %, die Preise für Lithium sind seit 1970 nur gestiegen, ca. 4 % p.a.
Der Chart ist noch nicht aussagekräftig, da es sich ja um ein IPO aus dem Februar dieses Jahres handelt.
Macht mal eure DD dazu. Ich sehe hier erhebliches Potenzial und erwarte stetiges Wachstum, was sich auch im Kurs niederschlagen wird. Wie in der Headline gepostet, zunächst auf die Watchlist, aber wir werden mehr von denen hören und lesen.
Good luck
sowhat
am 3. Februar kam dieser Stock an den OTCBB zu 1,00 USD. 36 Mio. Shares sind outstanding. Auch in Berlin notiert.
Letzte News über ein Privat Placement:
Press Release Source: Sterling Group Ventures Inc.
Sterling Group Arranges a Non-Brokered Placement
Tuesday February 3, 3:49 pm ET
VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 3, 2004--Sterling Group Ventures Inc. (the " Company" ) is pleased to announce that it has arranged a non-brokered private placement of up to 5,000,000 units at $0.50 per unit for total proceeds of $2,500,000. Each unit will consist of one common share and one non-transferable share purchase warrant entitling the holder to purchase one common share for two years, at $0.50 per share in the first year or $0.75 in the second year. Upon exercising warrant, holder of each unit will have one additional non-transferable share purchase warrant at $1.00 for another year. The proceeds from this private placement will be used to update a 1999 feasibility study and design the development of Jiajika deposit which is expected to be in production in 2005, further exploration/development at Daoxian and Lushi deposits and working capital.
A 7% finder`s fee will be paid in units.
Sterling Group aims to be a major lithium producer in China. It has signed an agreement to develop the Jiajika deposit, the largest lithium mineral deposit in China and letter of intents to develop/explore the Daoxian and Lushi deposits.
Der Wert der Minen soll einen Kurs von 10 US Dollar rechtfertigen.
Wir kennen die Lithiumbatterien, diese Sparte macht aber nur 7% des gesamten Lithiummarktes aus. Verwand wird es in der Keramik und Glasindustrie (21%), in der Aluminiumproduktion (19%), bei der Herstellung von synthetischen Gummi und der Pharmaindustrie (13%), sowie in verschiedenen chemischen Produkten (25%). Ein gigantischer Markt und China ist nach Chile der zweitgrößte Produzent. Der Verbrauch von Lithiumprodukten steigt jedes Jahr zwischen 2 - 5 %, die Preise für Lithium sind seit 1970 nur gestiegen, ca. 4 % p.a.
Der Chart ist noch nicht aussagekräftig, da es sich ja um ein IPO aus dem Februar dieses Jahres handelt.
Macht mal eure DD dazu. Ich sehe hier erhebliches Potenzial und erwarte stetiges Wachstum, was sich auch im Kurs niederschlagen wird. Wie in der Headline gepostet, zunächst auf die Watchlist, aber wir werden mehr von denen hören und lesen.
Good luck
sowhat
Guten Morgen
Langsam kommt Volumen rein. Habe mir mal die ersten unter einem Dollar geholt. Gesamtumsatz USA gestern 112K Schlusskurs 0,94 USD
Good luck
sowhat
Langsam kommt Volumen rein. Habe mir mal die ersten unter einem Dollar geholt. Gesamtumsatz USA gestern 112K Schlusskurs 0,94 USD
Good luck
sowhat
Guten Morgen
Wieder ein paar angegriffen, diesmal müsste ich 1,05 zahlen. War auch der Schlusskurs bei 104000 Umsatz. Übrigens auch in Berlin handelbar.
Good luck
sowhat
Wieder ein paar angegriffen, diesmal müsste ich 1,05 zahlen. War auch der Schlusskurs bei 104000 Umsatz. Übrigens auch in Berlin handelbar.
Good luck
sowhat
Guten Tag,
wahrscheinlich wissen die meisten nichts was Lithium ist, deshalb mal ein kürzlich erschienener Artikel betreffend der Batterien:
15.03.2004
Lithium-Batterien im Aufwind
Aufgrund von Umweltschutzproblemen sollten die Nickel - Cadmium - Batterien in ein paar Jahren vom Markt genommen und durch Lithium - Batterien ersetzt werden. Bis jetzt waren diese Systeme jedoch zu kostspielig und nicht leistungsfähig genug. Nun haben Forscher des Laboratoriums für „Miniaturenergiequellen“ (LSEM - Laboratoire des Sources d’Energie Miniatures) vom Zentrum für Atomenergie (CEA) aus Grenoble eine neue Generation von Lithium - Batterien entwickelt, die die Ni/Cd Batterien von ihrem Thron heben könnten. Um die Kosten zu verringern, ist zunächst einmal das Ausgangsmaterial an der Anode der Batterien - das Kobaltoxid - durch Eisenphospho-olivin, das 3 mal preiswerter und viel sicherer ist, ersetzt worden. Damit hat das CEA mit 165 Milliampere pro Stunde und pro Gramm für den Eisenphospho-olivin die maximale theoretische Energielagerungskapazität. für dieses Kompositum err eicht.
Um dazu noch eine gute Leistungsfähigkeit zu erlangen, haben die Forscher die zweite Elektrode der Batterie verändert, dass heißt sie haben statt Graphit Titandioxid benutzt. Mit
diesem Werkstoff kann die Batterie in nur drei Minuten 70% aufgeladen werden, was bei den Standard Lithium - Batterien etwa eine Stunde dauert.
Das Team des CEA will diese Technologie jetzt an eine europäische Industrie übertragen. Die Anwendungsbereiche sind vielfältig, so zum Beispiel im Verkehrswesen (elektrische und hybride Fahrzeuge), im Bereich der Energie (photovoltaische Lagerung) oder der Medizin (Hörapparate)
Kontakt: Didier Marsacq, Liten – CEA Grenoble, Email: marsacq@chartreuse.cea.fr, Tel. +33 (0)4 38 78 59 26
Dies ist ein Artikel aus dem Bulletin Wissenschaft-Frankreich (Nummer 49 vom 15.03.2004) Französische Botschaften in Deutschland, Österreich und der Schweiz Kostenloses Abonnement durch E-Mail : sciencetech@botschaft-frankreich.de
15.03.2004 | Didier Marsacq | Quelle: CEA Technologies | CMS by NETZGUT
Good luck
sowhat
wahrscheinlich wissen die meisten nichts was Lithium ist, deshalb mal ein kürzlich erschienener Artikel betreffend der Batterien:
15.03.2004
Lithium-Batterien im Aufwind
Aufgrund von Umweltschutzproblemen sollten die Nickel - Cadmium - Batterien in ein paar Jahren vom Markt genommen und durch Lithium - Batterien ersetzt werden. Bis jetzt waren diese Systeme jedoch zu kostspielig und nicht leistungsfähig genug. Nun haben Forscher des Laboratoriums für „Miniaturenergiequellen“ (LSEM - Laboratoire des Sources d’Energie Miniatures) vom Zentrum für Atomenergie (CEA) aus Grenoble eine neue Generation von Lithium - Batterien entwickelt, die die Ni/Cd Batterien von ihrem Thron heben könnten. Um die Kosten zu verringern, ist zunächst einmal das Ausgangsmaterial an der Anode der Batterien - das Kobaltoxid - durch Eisenphospho-olivin, das 3 mal preiswerter und viel sicherer ist, ersetzt worden. Damit hat das CEA mit 165 Milliampere pro Stunde und pro Gramm für den Eisenphospho-olivin die maximale theoretische Energielagerungskapazität. für dieses Kompositum err eicht.
Um dazu noch eine gute Leistungsfähigkeit zu erlangen, haben die Forscher die zweite Elektrode der Batterie verändert, dass heißt sie haben statt Graphit Titandioxid benutzt. Mit
diesem Werkstoff kann die Batterie in nur drei Minuten 70% aufgeladen werden, was bei den Standard Lithium - Batterien etwa eine Stunde dauert.
Das Team des CEA will diese Technologie jetzt an eine europäische Industrie übertragen. Die Anwendungsbereiche sind vielfältig, so zum Beispiel im Verkehrswesen (elektrische und hybride Fahrzeuge), im Bereich der Energie (photovoltaische Lagerung) oder der Medizin (Hörapparate)
Kontakt: Didier Marsacq, Liten – CEA Grenoble, Email: marsacq@chartreuse.cea.fr, Tel. +33 (0)4 38 78 59 26
Dies ist ein Artikel aus dem Bulletin Wissenschaft-Frankreich (Nummer 49 vom 15.03.2004) Französische Botschaften in Deutschland, Österreich und der Schweiz Kostenloses Abonnement durch E-Mail : sciencetech@botschaft-frankreich.de
15.03.2004 | Didier Marsacq | Quelle: CEA Technologies | CMS by NETZGUT
Good luck
sowhat
Uses
Lithium is used
in medicine in the treatment of gout, as lithium urate is one of the few soluble salts of uric acid,
in medicine in the treatment of some mental disorders,
in the manufacture of lithium hydride batteries, which are used in portable computers and other electronic equipment, and
as a reducing agent, usually in the form of lithium aluminium hydride, LiAlH4, in organic chemistry.
Lithium is used
in medicine in the treatment of gout, as lithium urate is one of the few soluble salts of uric acid,
in medicine in the treatment of some mental disorders,
in the manufacture of lithium hydride batteries, which are used in portable computers and other electronic equipment, and
as a reducing agent, usually in the form of lithium aluminium hydride, LiAlH4, in organic chemistry.
Sehr lang, aber interessant. Hab leider kein Link dazu. hab ich mir per mail besorgt:
Sterling Group Venture, through a holding subsidiary, has signed an agreement to develop the Jiajika lithium
deposit in Sichuan as well as signed 2 letters of intent to explore the Daoxian and the Lushi lithium deposits. There are about 36 million shares outstanding which are quoted on the OTC bulletin board under the symbol SGGV.
Sterling is a party to an agreement with Sichuan Province Mining Ltd, which is 40% held by the Bureau of Sichuan Geology and Resources of the Sichuan Government. Under the terms of the agreement, it has the right to acquire at least 75% of the shares of a co-operative joint venture company to be formed and which will hold the necessary mining licenses to develop the Jiajika spodumene property for the extraction of lithium, lithium salts, and other minerals.
The initial capacity of the company is 900,000 tonnes/annum. The spodumene concentrate containing 6.09% Li2O is expected to produce 176,000 tonnes/annum and tantalum concentrate at 166 tonnes/annum. The total
investment required is estimated at approximately US $30 million, two thirds of which is expected to be
financed through production loans.
Average cash flow per year is estimated at US $19.6 million for the first five years with the investment capital being paid back in less than a year. The Net
Present Value (NPV) at a 10% discount rate is estimated US $350 million.
Two letters of intent have also been signed. The first with Hunan Daoxian County Local Government to develop
the lithium/rubidium mine in Daoxian, Hunan Province. The Hunan County will contribute a mining license and earn a 10% interest in the 30 year mining joint venture to be formed. Sterling will earn 90% by developing and putting the lithium mine into production. The second with Henan Lushi County Local Government, is to explore and develop the lithium mine in Lushi, Henan Province.
What is Lithium?
Lithium is a solid soft alkali metal which has an atomic weight of 3 and is the lightest of all metals, with a density of about half of that of water. The metal is
naturally occurring in minute amounts in ore and brine deposits. The major ores used to mine lithium are spodumene, petalite, and lepidolite.
Uses of Lithium
The properties of Lithium as the lightest metal and a good conductor of heat and electricity have lent itself to a variety of applications commercially. Lithium is
used in glass, ceramics, and aluminum production. One of the highest growing industries using lithium is the battery industry, as the increasing popularity of
portable equipment has led to significant and pervasive use of lithium batteries.
Lithium Usage in the US
Aluminum Production
19%
Other Chemicals
12%
Batteries
7%
Lubricants
11%
Chemical Manufacturing
13%
Synthetic Rubber & Pharma
13%
Ceramics & Glass
21%
Air Treatment
4%
World Production of Lithium
(Metric Tonnes)
Zimbabwe
3%
Chile
39%
China
14%
Portugal
1% Russia
12%
United States
13%
Argentina
1%
Australia
12%
Brazil
1%
Canada
4%
0
500
1000
1500
2000
2500
3000
Metric
Tons
1997 1998 1999 2000 2001 2002
Year
US Imports and Exports of Lithium Imports
Exports
World Production of Lithium Chile is the world’s largest producer of lithium carbonate producing 6,800 tons a year and has over 3 million metric tons of reserves. China is the second largest world producer of lithium carbonate producing 2,400 tons a year with
reserves of 540,000 tons. Other major producers of lithium concentrate include Argentina, Australia, Brazil, Canada, Portugal, Russia and Zimbabwe.
The lithium market is highly consolidated. Sons of Gwalia in Australia, Tantulum in Canada and Bikita Minerals in Zimbabwe supply most of the world’s pure lithium.
Sociedad Quimica y Minera de Chile
S.A. (SQM) mined the largest carbonate deposit in the world in Chile, while Chemetall Foote Corp. operates the only currently active mine in the United States.
World Lithium Demand
Growth of the lithium market has consistently remained between 2% and 5% over recent years according to Roskill Information Services and this trend is expected to continue. Roskill forecasts that lithium demand will rise to 11 250 tons of pure lithium or 60 000 tons of lithium carbonate by 2006.
Major drivers of demand are aluminum, ceramics and glass, and the battery industries. The US is a net importer of lithium as shown in the chart.
While the aluminum industry has languished over 2000 and 2001, a recovery began in 2002. In China, production has risen dramatically.
However, the reduced use of lithium in smelters has bottomed and appears to be stabilizing somewhat.
Demand for lithium in the ceramics and glass industry is expected to continue to rise over the near term. Lithium can reduce energy use in the manufacturing
process by 5 to 10%, with energy savings more than making up for the material costs. Increased global competition should pressure manufacturers to search out more cost
efficient means of producing their products in the future.
Overall, demand for glass fibres is projected by the Ceramic Industry to grow at 2% per year in the US to 2.8
billion pounds in 2005. Demand for ceramics is expected to increase with a new end usage of ceramics in
electronics. The electrical conductivity and low cost of ceramics is leading the way to miniature electronic
manufacturing. While this new demand is difficult to gage, total ceramic demand in the US is expected to grow at 9% per year according to the Ceramic Industry.
Demand for lithium from the battery market is also expected to continue to rise dramatically due to the increasing prevalence of portable devices.
Secondary lithium ion battery growth reached 20% - 30% in the late 1990s, with prominent demand from laptops and cellular phones. U.S. lithium battery sales should continue to grow at 20% a year. Further increases are projected to occur in 2006 and 2007 when replacement batteries are projected to be bought for these devices. Experts Saller and O’Driscoll project growth to increase at an average annual rate of 16% through to 2008. The primary lithium battery market is considerably more mature.
China
China, the largest emerging market, leads the world in growth. The OECD is also projecting 7.5% growth in 2004. In 2001, China joined the World Trade Organization and this has helped the country become a leading low-cost
exporter to the world as multinational companies set up manufacturing facilities to take advantage of the low
labour costs and well educated labour force.
China has enjoyed a growth rate in excess of 7% for the past decade and is expected to become the 4th largest
economy behind the United States, Japan, and Germany within the next five years based on current growth trends. At the end of October 2003, China’s foreign
exchange reserves stood at US $401 billion, the 2nd largest in the world after Japan. For the first 3 quarters of 2003, foreign direct investment(FDI)in China
soared to US $40.2 billion. Also, China has one of the highest savings rates in the world at approximately 40%. Its GDP per capita is only US $3,940 compared with approximately $25,660 in Hong Kong, and $34,260 in the US, leaving plenty of room for further growth.
Lithium in particular will also benefit greatly from further industrialization of China. Currently, lithium per capita consumption in China remains low at
only 4.02lb per 1000 people, compared to 21.28lb per 1000 in the US, the largest consumer of lithium in the world.
Lithium Demand in China
China has a voracious appetite for aluminum, averaging 14% growth in consumption per year over the last 10 years and projecting growth of 10% a year out to 2010. Combined with one of the largest bauxite deposits in the world,
it has begun to take advantage of its resources and turn it into a booming industry. Production is expected to
expand to 5.3 million tons by the end of 2003 and is expected to top out at 7 million tons of capacity in 2010.
In Lithium Consumption Lb/Capita
4.02
21.28
0
5
10
15
20
25
China US
Lb/Capita
4
aluminum smelting there are over 100 plants scattered over China.
The battery industry in China should be a key buyer of domestic lithium capacity. China is the world’s primary
battery manufacturer and its largest exporter. The battery market in China has grown at an average annual rate of 11.2% since 1998 to a value of $1.7 billion in 2003. Continuing strong demand for secondary batteries will bode well for China in the near term. In addition, innovations involving lithium batteries such as electric vehicle cars, (although more expensive than their hybrid and fuel cell counterparts) are a highly possible solution to pollution problems in China where the
government has encouraged research by providing grants. The government has announced an 880 million Yuan
investment to support electric vehicle cars
In 2002, 200 million lithium batteries were produced in China and lithium batteries comprised only 9% of total battery exports.
China is the largest manufacturer of ceramics in the world due to its competitive advantage in access to raw
materials and a ready supply of low cost labour. China has the highest production capacity of the world and its domination is expected to continue in the future.
China’s accession into the WTO has allowed import barriers to be removed to many countries. In addition, while other countries lobbied to have import quotas
on Chinese ceramics, these quotas will gradually be removed over time and Chinese exports will increase rapidly.
Lithium Prices Enjoy a Steady Rise Lithium prices have steadily climbed since the 1970s with no decline.
However, prices recently have stabilized as a result of a decline in demand for aluminum products from the US and
Europe. Lithium appears to be completely inelastic. The main industries that use lithium only count it as one small component of the total cost of the products. Since lithium use is so diversified between industries, it tends to maintain a stable level of consumption and prices have risen at an average growth rate of 4% since 1970.
World Consumption of Aluminum
16
16.5
17
17.5
18
18.5
19
1997 1998 1999 2000 2001 2002
Year
Tons
0
0.5
1
1.5
2
2.5
3
3.5
4
4.5
5
World Ex China
China
5 Year CAGR of Chinese Battery Exports
0%
10%
20%
30%
40%
50%
60%
70%
80%
Lithium Other
Type Percent
5
Yearend Average Lithium Price
0
10
20
30
40
50
60
1970 1975 1980 1985 1990 1995 2000
Ye a r
% Mill Tons (Li2O)
Sichuan Jiajika 43.3 1.03
Total 51.1 1.21
Jiangxi 29.4 0.70
Hunan Daoxian 11.4 0.27
Total 15.3 0.36
Henan Lushi 0.8 0.02
Total 0.8 0.02
Xinjiang 3.0 0.07
Other 0.4 0.01
2.37
The Distribution of China Lithium Minerals
Total of China Lithium Resources in China
In recent years China has rapidly industrialized, resulting in economic growth averaging 8% and a growing
urban population. As a result, China’s demand for industrial minerals alone has accounted for almost half of the increase in global demand since the 1990s.
Luckily, China has an abundance of mineral resources, including the second largest resources of lithium in the world.
Lithium deposits are spread out over nine provinces of China, however 98.8% of the total minerals are located in four provinces: Sichuan, Jiangxi, Hunan, and Xinjiang.
Lithium production in China has declined over the last 5 years as shown below.
The Jiajika Deposit
The Jiajika property, discovered in 1959 and explored between 1959 to 1992, is located in the Sichuan province. It is the largest lithium deposit in Asia, with reserves, as defined by China, of 1.03 million tons of 1.28% lithium oxide (Li2O) in the form of granite pegmatite, representing 43% of China’s total estimated reserves. A reserve audit has been approved by Sichuan Mineral Reserve Committee of Sichuan Province Minerals and Geology Bureau, as well as a feasibility study. The location is well situated with easy access by existing
infrastructure. In addition, the deposit is shallow and near the surface, allowing it Jiajika Daoxian Lushi
Lithium Production by Country
0
20000
40000
60000
80000
100000
120000
1997 1998 1999 2000 2001 2002
Years
Metric Tons
Australia Chile China
to be mined by open pit. The value of the lithium deposit is calculated at US$3.6 billion. The property could also produce approximately 16,571 tons of beryllium with a value of $2.6 billion as a byproduct.
The Daoxian Deposit
The Daoxian deposit is located in the Hunan province and contains reserves as defined by China of 125,000 tonnes of 0.56% Li2O. The property has excellent infrastructure and has an elevation of only 900-1400m.
Sterling will develop and operate the property and contribute all investment for a 90% interest.
The Lushi Deposit
The Lushi deposit is located 2 km from Guanpo town of Lushi County,Sanmenxi City, Henan Province. The company has three spodumene permits here. The property is approximately 100km2. 600 veins have been discovered
over three industrial ore bodies over 2km2. Sterling will explore, develop, operate, and fund the Lushi property in
exchange for about 90% controlling interest.
Regulatory Approval
Development permits for Jiajika are expected soon from the provincial government and have already been approved by the Kangding County and the prefecture. Sterling has also signed a letter of intent with Daoxian to develop the property. Approval for the development of Daoxian has been received from the Hunan Province Minerals and Exploration Bureau. A second letter of intent has been signed to explore and develop Lushi, which has 3 mining permits approved by Henan Province and the project was approved by the State Planning Commission in 2001.
Valuation - Metal Value Reserves
Metals Tonnes Mill lbs US $ bill
Jiajika*
Li 225,864 497 1.70
BeO 16,571 37 2.55
Ta2O5 2,046 5 0.11
Nb2O5 4,628 10 0.03
Daoxian**
Li 124,999 275 1.04
Lushi
Li 9,003 20 0.08
Total Value 5.51
Valuation - Metal Value Resources
Metals Tonnes Mill lbs US $ bill
Jiajika*
Li 250,713 552 1.90
BeO 3,429 30 2.07
Ta2O5 2,287 5 0.13
Nb2O5 4,039 9 0.03
Daoxian**
Li 55,692 123 0.46
Lushi
Li N/A N/A N/A
Total Value 4.59
Metal Value Reserves + Resources
Metals Tonnes Mill lbs US $ bill
Jiajika*
Li 476,577 1,049 3.60
BeO 30,000 66 4.62
Ta2O5 4,333 10 0.24
Nb2O5 8,667 19 0.06
Daoxian**
Li 180,691 398 1.51
Lushi
Li 9,003 20 0.08
Total Value 10.11
Metal Value Assumptions
Lithium: $4.74 per lb of 4% lithium concentrate –
LiAlSi2O6 & US$206/tonne of lithium carbonate
Beryllium: $100 per lb of BeO
Tantalum: $25 per lb of Ta2O5
Niobium: $3 per lb of Nb2O5
*Reserves approved by the Sichuan Province Minerals Resource Reserve Committee of the Sichuan Province Minerals & Geology Bureau
**Reserves approved by the Hunan Province Minerals and Exploration Bureau
7
NPV
1st 5 yrs2nd 5 yrs3rd 5 yrs4th 5 yrs (US$ mill)
0% 17.3 24.4 42.4 59.9 203
1% 17.8 27.4 50.3 75.3 233
2% 18.4 30.6 59.2 93.4 268
3% 19.0 34.0 69.1 114.6 307
4% 19.6 37.6 80.1 139.4 350
5% 20.1 41.5 92.4 168.4 399
7% 21.4 49.9 121.4 241.6 517
10% 23.3 64.6 178.0 402.9 755
Growt
h for Li
price
Average Operating Cash flow per
Year (US$ mill)
Valuation - Cash Flow (20 Yr DCF)
Operating Cash Flow Projections
Assumptions:
• Capacity increase by 900,000 every 5 years to 3,600,000 tonnes/annum in year 16
• Base price for lithium concentrate is US$206/t, price increase rate is 4%
• Income tax: 0% for first 2 yrs after profit; 15% for following 3 yrs; 33% after tax holiday
Conclusion and Highlights
! An exposure to China’s economic and investment boom which is causing a materials and commodities boom
! The outlook for lithium is bright with expected growth ranging between 2-5% per year
! Demand for lithium is so diverse between industries that consumption has been stable. Lithium accounts for only a small component of the total cost of a product
! As a result, since 1970, lithium prices have risen at a average rate of 4% with no decline. This may accelerate because of China
! The Jiajika deposit is one of the largest deposits in the world and the largest in Asia
! Mining will be by open pit with good accessibility by existing infrastructure
! Payback for equity capital is less than 1 year after production and an IRR of 110%
! The deposit contains metals estimated at a value of US $8.52 billion
! NAV is estimated at about US $350 million
! The Daoxian and Lushi deposits provide increased exposure to lithium as well as exploration appeal
! Total metal value of lithium for all 3 deposits is estimated at US $5.18 billion Year 1 2 3 4 5 6 7 8
Production rate 75% 100% 100% 100% 100% 100% 100% 100%
Li2O concentrate (1000 lb) 290,985 387,980 387,980 387,980 387,980 678,965 775,961 775,961
(Ta+Nb)2O5 concentrate 274 365 365 365 365 639 730 730
Net cash flow (US$ mill) 15.74 21.53 18.99 20.15 21.35 17.67 39.32 41.46
Sterling Group (75%) 11.81 16.15 14.25 15.11 16.01 13.25 29.49 31.09
Assumptions
• Initial capacity of 900,000t/a increasing by
900,000t/a every 5 years
• Discount rate = 10%
• Equity capital = US$13.8 million base
• No beryllium production
• Lithium prices continue to grow at historical
rate of 4%
• Base price of Lithium is US $206/ton
• Total Capital is US $30.9 million
• Income Tax: 0% for first 2 years after profit;
15% for following 3 years & 33% after tax
holiday
DISCLAIMER
The information contained in this report is drawn from sources believed to be reliable, but we cannot
guarantee its accuracy or completeness. Sterling Group Ventures Inc. cannot assume any responsibility or
liability. Estimates and projections contained herein are our own. This report is not and must not be
construed as an offer to sell or the solicitation of an offer to buy securities. Sterling Group Ventures Inc.
and/or any person affiliated with the firm may have a position in the securities mentioned herein and may
from time to time make purchases or sales herein.
SAFE HARBOUR STATEMENT
CAUTION REGARDING FORWARD LOOKING STATEMENTS
Safe Harbor Statement under the United States Private Securities Litigation Reform Act of 1995: Except
for the statements of historical fact contained herein, the information constitutes “forward-looking
statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forwardlooking
statements, including but not limited to those with respect to the price of lithium, niobium,
beryllium, and tantalum, the timing and amount of estimated production, costs of production, reserve
determination and reserve conversion rates, involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or achievement of the Company to be materially
different from any future results, performance or achievements expressed or implied by such forwardlooking
statements. Such factors include, among others, risks relating to the integration of the acquisition,
risks relating to international operations, risks relating to joint venture operations, the actual results of
current exploration activities, the actual results of current reclamation activities, conclusions of economic
evaluations, changes in project parameters as plans continue to be refined, future prices of lithium,
beryllium, niobium, tantalum, and other metals, as well as those factors affecting the mineral industry.
Although the Company has attempted to identify important factors that could cause actual results to differ
materially, there may be other factors that cause results not to be as anticipated, estimated or intended.
There can be no assurance that such statements will prove to be accurate as actual results and future events
could differ materially from those anticipated in such statements. Accordingly, readers should no place
undue reliance on forward-looking statements.
Cautionary Note to U.S. Investors Concerning Estimates of Measure, Indicated, and Inferred Resources and
Reserves. Statements regarding reserves have been based on audits conducted under Chinese methods of
calculation.
Ich sehe hier ein Wachstumswert, der auch Konjunktureinflüsse locker durchhält. Wer diesen Report haben möchte, bitte BM. Die Zahlen scheinen etwas durcheinander, war aber anders nicht machbar.
Good luck
sowhat
Sterling Group Venture, through a holding subsidiary, has signed an agreement to develop the Jiajika lithium
deposit in Sichuan as well as signed 2 letters of intent to explore the Daoxian and the Lushi lithium deposits. There are about 36 million shares outstanding which are quoted on the OTC bulletin board under the symbol SGGV.
Sterling is a party to an agreement with Sichuan Province Mining Ltd, which is 40% held by the Bureau of Sichuan Geology and Resources of the Sichuan Government. Under the terms of the agreement, it has the right to acquire at least 75% of the shares of a co-operative joint venture company to be formed and which will hold the necessary mining licenses to develop the Jiajika spodumene property for the extraction of lithium, lithium salts, and other minerals.
The initial capacity of the company is 900,000 tonnes/annum. The spodumene concentrate containing 6.09% Li2O is expected to produce 176,000 tonnes/annum and tantalum concentrate at 166 tonnes/annum. The total
investment required is estimated at approximately US $30 million, two thirds of which is expected to be
financed through production loans.
Average cash flow per year is estimated at US $19.6 million for the first five years with the investment capital being paid back in less than a year. The Net
Present Value (NPV) at a 10% discount rate is estimated US $350 million.
Two letters of intent have also been signed. The first with Hunan Daoxian County Local Government to develop
the lithium/rubidium mine in Daoxian, Hunan Province. The Hunan County will contribute a mining license and earn a 10% interest in the 30 year mining joint venture to be formed. Sterling will earn 90% by developing and putting the lithium mine into production. The second with Henan Lushi County Local Government, is to explore and develop the lithium mine in Lushi, Henan Province.
What is Lithium?
Lithium is a solid soft alkali metal which has an atomic weight of 3 and is the lightest of all metals, with a density of about half of that of water. The metal is
naturally occurring in minute amounts in ore and brine deposits. The major ores used to mine lithium are spodumene, petalite, and lepidolite.
Uses of Lithium
The properties of Lithium as the lightest metal and a good conductor of heat and electricity have lent itself to a variety of applications commercially. Lithium is
used in glass, ceramics, and aluminum production. One of the highest growing industries using lithium is the battery industry, as the increasing popularity of
portable equipment has led to significant and pervasive use of lithium batteries.
Lithium Usage in the US
Aluminum Production
19%
Other Chemicals
12%
Batteries
7%
Lubricants
11%
Chemical Manufacturing
13%
Synthetic Rubber & Pharma
13%
Ceramics & Glass
21%
Air Treatment
4%
World Production of Lithium
(Metric Tonnes)
Zimbabwe
3%
Chile
39%
China
14%
Portugal
1% Russia
12%
United States
13%
Argentina
1%
Australia
12%
Brazil
1%
Canada
4%
0
500
1000
1500
2000
2500
3000
Metric
Tons
1997 1998 1999 2000 2001 2002
Year
US Imports and Exports of Lithium Imports
Exports
World Production of Lithium Chile is the world’s largest producer of lithium carbonate producing 6,800 tons a year and has over 3 million metric tons of reserves. China is the second largest world producer of lithium carbonate producing 2,400 tons a year with
reserves of 540,000 tons. Other major producers of lithium concentrate include Argentina, Australia, Brazil, Canada, Portugal, Russia and Zimbabwe.
The lithium market is highly consolidated. Sons of Gwalia in Australia, Tantulum in Canada and Bikita Minerals in Zimbabwe supply most of the world’s pure lithium.
Sociedad Quimica y Minera de Chile
S.A. (SQM) mined the largest carbonate deposit in the world in Chile, while Chemetall Foote Corp. operates the only currently active mine in the United States.
World Lithium Demand
Growth of the lithium market has consistently remained between 2% and 5% over recent years according to Roskill Information Services and this trend is expected to continue. Roskill forecasts that lithium demand will rise to 11 250 tons of pure lithium or 60 000 tons of lithium carbonate by 2006.
Major drivers of demand are aluminum, ceramics and glass, and the battery industries. The US is a net importer of lithium as shown in the chart.
While the aluminum industry has languished over 2000 and 2001, a recovery began in 2002. In China, production has risen dramatically.
However, the reduced use of lithium in smelters has bottomed and appears to be stabilizing somewhat.
Demand for lithium in the ceramics and glass industry is expected to continue to rise over the near term. Lithium can reduce energy use in the manufacturing
process by 5 to 10%, with energy savings more than making up for the material costs. Increased global competition should pressure manufacturers to search out more cost
efficient means of producing their products in the future.
Overall, demand for glass fibres is projected by the Ceramic Industry to grow at 2% per year in the US to 2.8
billion pounds in 2005. Demand for ceramics is expected to increase with a new end usage of ceramics in
electronics. The electrical conductivity and low cost of ceramics is leading the way to miniature electronic
manufacturing. While this new demand is difficult to gage, total ceramic demand in the US is expected to grow at 9% per year according to the Ceramic Industry.
Demand for lithium from the battery market is also expected to continue to rise dramatically due to the increasing prevalence of portable devices.
Secondary lithium ion battery growth reached 20% - 30% in the late 1990s, with prominent demand from laptops and cellular phones. U.S. lithium battery sales should continue to grow at 20% a year. Further increases are projected to occur in 2006 and 2007 when replacement batteries are projected to be bought for these devices. Experts Saller and O’Driscoll project growth to increase at an average annual rate of 16% through to 2008. The primary lithium battery market is considerably more mature.
China
China, the largest emerging market, leads the world in growth. The OECD is also projecting 7.5% growth in 2004. In 2001, China joined the World Trade Organization and this has helped the country become a leading low-cost
exporter to the world as multinational companies set up manufacturing facilities to take advantage of the low
labour costs and well educated labour force.
China has enjoyed a growth rate in excess of 7% for the past decade and is expected to become the 4th largest
economy behind the United States, Japan, and Germany within the next five years based on current growth trends. At the end of October 2003, China’s foreign
exchange reserves stood at US $401 billion, the 2nd largest in the world after Japan. For the first 3 quarters of 2003, foreign direct investment(FDI)in China
soared to US $40.2 billion. Also, China has one of the highest savings rates in the world at approximately 40%. Its GDP per capita is only US $3,940 compared with approximately $25,660 in Hong Kong, and $34,260 in the US, leaving plenty of room for further growth.
Lithium in particular will also benefit greatly from further industrialization of China. Currently, lithium per capita consumption in China remains low at
only 4.02lb per 1000 people, compared to 21.28lb per 1000 in the US, the largest consumer of lithium in the world.
Lithium Demand in China
China has a voracious appetite for aluminum, averaging 14% growth in consumption per year over the last 10 years and projecting growth of 10% a year out to 2010. Combined with one of the largest bauxite deposits in the world,
it has begun to take advantage of its resources and turn it into a booming industry. Production is expected to
expand to 5.3 million tons by the end of 2003 and is expected to top out at 7 million tons of capacity in 2010.
In Lithium Consumption Lb/Capita
4.02
21.28
0
5
10
15
20
25
China US
Lb/Capita
4
aluminum smelting there are over 100 plants scattered over China.
The battery industry in China should be a key buyer of domestic lithium capacity. China is the world’s primary
battery manufacturer and its largest exporter. The battery market in China has grown at an average annual rate of 11.2% since 1998 to a value of $1.7 billion in 2003. Continuing strong demand for secondary batteries will bode well for China in the near term. In addition, innovations involving lithium batteries such as electric vehicle cars, (although more expensive than their hybrid and fuel cell counterparts) are a highly possible solution to pollution problems in China where the
government has encouraged research by providing grants. The government has announced an 880 million Yuan
investment to support electric vehicle cars
In 2002, 200 million lithium batteries were produced in China and lithium batteries comprised only 9% of total battery exports.
China is the largest manufacturer of ceramics in the world due to its competitive advantage in access to raw
materials and a ready supply of low cost labour. China has the highest production capacity of the world and its domination is expected to continue in the future.
China’s accession into the WTO has allowed import barriers to be removed to many countries. In addition, while other countries lobbied to have import quotas
on Chinese ceramics, these quotas will gradually be removed over time and Chinese exports will increase rapidly.
Lithium Prices Enjoy a Steady Rise Lithium prices have steadily climbed since the 1970s with no decline.
However, prices recently have stabilized as a result of a decline in demand for aluminum products from the US and
Europe. Lithium appears to be completely inelastic. The main industries that use lithium only count it as one small component of the total cost of the products. Since lithium use is so diversified between industries, it tends to maintain a stable level of consumption and prices have risen at an average growth rate of 4% since 1970.
World Consumption of Aluminum
16
16.5
17
17.5
18
18.5
19
1997 1998 1999 2000 2001 2002
Year
Tons
0
0.5
1
1.5
2
2.5
3
3.5
4
4.5
5
World Ex China
China
5 Year CAGR of Chinese Battery Exports
0%
10%
20%
30%
40%
50%
60%
70%
80%
Lithium Other
Type Percent
5
Yearend Average Lithium Price
0
10
20
30
40
50
60
1970 1975 1980 1985 1990 1995 2000
Ye a r
% Mill Tons (Li2O)
Sichuan Jiajika 43.3 1.03
Total 51.1 1.21
Jiangxi 29.4 0.70
Hunan Daoxian 11.4 0.27
Total 15.3 0.36
Henan Lushi 0.8 0.02
Total 0.8 0.02
Xinjiang 3.0 0.07
Other 0.4 0.01
2.37
The Distribution of China Lithium Minerals
Total of China Lithium Resources in China
In recent years China has rapidly industrialized, resulting in economic growth averaging 8% and a growing
urban population. As a result, China’s demand for industrial minerals alone has accounted for almost half of the increase in global demand since the 1990s.
Luckily, China has an abundance of mineral resources, including the second largest resources of lithium in the world.
Lithium deposits are spread out over nine provinces of China, however 98.8% of the total minerals are located in four provinces: Sichuan, Jiangxi, Hunan, and Xinjiang.
Lithium production in China has declined over the last 5 years as shown below.
The Jiajika Deposit
The Jiajika property, discovered in 1959 and explored between 1959 to 1992, is located in the Sichuan province. It is the largest lithium deposit in Asia, with reserves, as defined by China, of 1.03 million tons of 1.28% lithium oxide (Li2O) in the form of granite pegmatite, representing 43% of China’s total estimated reserves. A reserve audit has been approved by Sichuan Mineral Reserve Committee of Sichuan Province Minerals and Geology Bureau, as well as a feasibility study. The location is well situated with easy access by existing
infrastructure. In addition, the deposit is shallow and near the surface, allowing it Jiajika Daoxian Lushi
Lithium Production by Country
0
20000
40000
60000
80000
100000
120000
1997 1998 1999 2000 2001 2002
Years
Metric Tons
Australia Chile China
to be mined by open pit. The value of the lithium deposit is calculated at US$3.6 billion. The property could also produce approximately 16,571 tons of beryllium with a value of $2.6 billion as a byproduct.
The Daoxian Deposit
The Daoxian deposit is located in the Hunan province and contains reserves as defined by China of 125,000 tonnes of 0.56% Li2O. The property has excellent infrastructure and has an elevation of only 900-1400m.
Sterling will develop and operate the property and contribute all investment for a 90% interest.
The Lushi Deposit
The Lushi deposit is located 2 km from Guanpo town of Lushi County,Sanmenxi City, Henan Province. The company has three spodumene permits here. The property is approximately 100km2. 600 veins have been discovered
over three industrial ore bodies over 2km2. Sterling will explore, develop, operate, and fund the Lushi property in
exchange for about 90% controlling interest.
Regulatory Approval
Development permits for Jiajika are expected soon from the provincial government and have already been approved by the Kangding County and the prefecture. Sterling has also signed a letter of intent with Daoxian to develop the property. Approval for the development of Daoxian has been received from the Hunan Province Minerals and Exploration Bureau. A second letter of intent has been signed to explore and develop Lushi, which has 3 mining permits approved by Henan Province and the project was approved by the State Planning Commission in 2001.
Valuation - Metal Value Reserves
Metals Tonnes Mill lbs US $ bill
Jiajika*
Li 225,864 497 1.70
BeO 16,571 37 2.55
Ta2O5 2,046 5 0.11
Nb2O5 4,628 10 0.03
Daoxian**
Li 124,999 275 1.04
Lushi
Li 9,003 20 0.08
Total Value 5.51
Valuation - Metal Value Resources
Metals Tonnes Mill lbs US $ bill
Jiajika*
Li 250,713 552 1.90
BeO 3,429 30 2.07
Ta2O5 2,287 5 0.13
Nb2O5 4,039 9 0.03
Daoxian**
Li 55,692 123 0.46
Lushi
Li N/A N/A N/A
Total Value 4.59
Metal Value Reserves + Resources
Metals Tonnes Mill lbs US $ bill
Jiajika*
Li 476,577 1,049 3.60
BeO 30,000 66 4.62
Ta2O5 4,333 10 0.24
Nb2O5 8,667 19 0.06
Daoxian**
Li 180,691 398 1.51
Lushi
Li 9,003 20 0.08
Total Value 10.11
Metal Value Assumptions
Lithium: $4.74 per lb of 4% lithium concentrate –
LiAlSi2O6 & US$206/tonne of lithium carbonate
Beryllium: $100 per lb of BeO
Tantalum: $25 per lb of Ta2O5
Niobium: $3 per lb of Nb2O5
*Reserves approved by the Sichuan Province Minerals Resource Reserve Committee of the Sichuan Province Minerals & Geology Bureau
**Reserves approved by the Hunan Province Minerals and Exploration Bureau
7
NPV
1st 5 yrs2nd 5 yrs3rd 5 yrs4th 5 yrs (US$ mill)
0% 17.3 24.4 42.4 59.9 203
1% 17.8 27.4 50.3 75.3 233
2% 18.4 30.6 59.2 93.4 268
3% 19.0 34.0 69.1 114.6 307
4% 19.6 37.6 80.1 139.4 350
5% 20.1 41.5 92.4 168.4 399
7% 21.4 49.9 121.4 241.6 517
10% 23.3 64.6 178.0 402.9 755
Growt
h for Li
price
Average Operating Cash flow per
Year (US$ mill)
Valuation - Cash Flow (20 Yr DCF)
Operating Cash Flow Projections
Assumptions:
• Capacity increase by 900,000 every 5 years to 3,600,000 tonnes/annum in year 16
• Base price for lithium concentrate is US$206/t, price increase rate is 4%
• Income tax: 0% for first 2 yrs after profit; 15% for following 3 yrs; 33% after tax holiday
Conclusion and Highlights
! An exposure to China’s economic and investment boom which is causing a materials and commodities boom
! The outlook for lithium is bright with expected growth ranging between 2-5% per year
! Demand for lithium is so diverse between industries that consumption has been stable. Lithium accounts for only a small component of the total cost of a product
! As a result, since 1970, lithium prices have risen at a average rate of 4% with no decline. This may accelerate because of China
! The Jiajika deposit is one of the largest deposits in the world and the largest in Asia
! Mining will be by open pit with good accessibility by existing infrastructure
! Payback for equity capital is less than 1 year after production and an IRR of 110%
! The deposit contains metals estimated at a value of US $8.52 billion
! NAV is estimated at about US $350 million
! The Daoxian and Lushi deposits provide increased exposure to lithium as well as exploration appeal
! Total metal value of lithium for all 3 deposits is estimated at US $5.18 billion Year 1 2 3 4 5 6 7 8
Production rate 75% 100% 100% 100% 100% 100% 100% 100%
Li2O concentrate (1000 lb) 290,985 387,980 387,980 387,980 387,980 678,965 775,961 775,961
(Ta+Nb)2O5 concentrate 274 365 365 365 365 639 730 730
Net cash flow (US$ mill) 15.74 21.53 18.99 20.15 21.35 17.67 39.32 41.46
Sterling Group (75%) 11.81 16.15 14.25 15.11 16.01 13.25 29.49 31.09
Assumptions
• Initial capacity of 900,000t/a increasing by
900,000t/a every 5 years
• Discount rate = 10%
• Equity capital = US$13.8 million base
• No beryllium production
• Lithium prices continue to grow at historical
rate of 4%
• Base price of Lithium is US $206/ton
• Total Capital is US $30.9 million
• Income Tax: 0% for first 2 years after profit;
15% for following 3 years & 33% after tax
holiday
DISCLAIMER
The information contained in this report is drawn from sources believed to be reliable, but we cannot
guarantee its accuracy or completeness. Sterling Group Ventures Inc. cannot assume any responsibility or
liability. Estimates and projections contained herein are our own. This report is not and must not be
construed as an offer to sell or the solicitation of an offer to buy securities. Sterling Group Ventures Inc.
and/or any person affiliated with the firm may have a position in the securities mentioned herein and may
from time to time make purchases or sales herein.
SAFE HARBOUR STATEMENT
CAUTION REGARDING FORWARD LOOKING STATEMENTS
Safe Harbor Statement under the United States Private Securities Litigation Reform Act of 1995: Except
for the statements of historical fact contained herein, the information constitutes “forward-looking
statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forwardlooking
statements, including but not limited to those with respect to the price of lithium, niobium,
beryllium, and tantalum, the timing and amount of estimated production, costs of production, reserve
determination and reserve conversion rates, involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or achievement of the Company to be materially
different from any future results, performance or achievements expressed or implied by such forwardlooking
statements. Such factors include, among others, risks relating to the integration of the acquisition,
risks relating to international operations, risks relating to joint venture operations, the actual results of
current exploration activities, the actual results of current reclamation activities, conclusions of economic
evaluations, changes in project parameters as plans continue to be refined, future prices of lithium,
beryllium, niobium, tantalum, and other metals, as well as those factors affecting the mineral industry.
Although the Company has attempted to identify important factors that could cause actual results to differ
materially, there may be other factors that cause results not to be as anticipated, estimated or intended.
There can be no assurance that such statements will prove to be accurate as actual results and future events
could differ materially from those anticipated in such statements. Accordingly, readers should no place
undue reliance on forward-looking statements.
Cautionary Note to U.S. Investors Concerning Estimates of Measure, Indicated, and Inferred Resources and
Reserves. Statements regarding reserves have been based on audits conducted under Chinese methods of
calculation.
Ich sehe hier ein Wachstumswert, der auch Konjunktureinflüsse locker durchhält. Wer diesen Report haben möchte, bitte BM. Die Zahlen scheinen etwas durcheinander, war aber anders nicht machbar.
Good luck
sowhat
Berlin
Guten Morgen,
da solltet ihr mal reinhören, sehr interessant:
Press Release Source: Sterling Group Ventures Inc.
Sterling Group Featured On CEOcast
Monday April 19, 9:00 am ET
VANCOUVER, British Columbia--(BUSINESS WIRE)--April 19, 2004--Sterling Group (OTCBB: SGGV - News) is pleased to announce that it was featured in an interview by CEOcast on April 13, 2004.
In January 2004, Sterling Group Ventures Inc. acquired a company which had signed one development agreement and two letters of intent to explore and develop lithium deposits in China. Its aim is to be a major lithium producer in China.
For more information, please visit www.sterlinggroupventures.com for the interview and information on Sterling.
About CEOcast
CEOcast is the premier source of CEO interviews in the world with programming distributed to millions of online investors at over 700 financial web sites as well as to more than 20,000 portfolio managers, buy-side analysts and traders at more than 3,300 North American institutions. Content is also disseminated to over 7,000 investment research professionals representing over 425 institutions.
CEOcast is the premier source of original and syndicated streaming broadcast interviews of Chief Executive Officers at public and private news-making companies. Organized by industry, its analysts average over 15 years experience covering and evaluating Wall Street`s leading companies.
Any forward-looking statement in this press release is made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ substantially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors, product prices and changes in international and local markets, as well as the inherent risks of the mining related business.
ON BEHALF OF THE BOARD OF DIRECTORS
Richard Shao, President
Contact:
Sterling Group Ventures Inc.
Raoul Tsakok
Chairman
(604) 893-8891
OR
Sterling Group Ventures Inc.
Richard Shao
President
(604) 893-8891
Fax: (604) 408-8515
Website: www.sterlinggroupventures.com
Source: Sterling Group Ventures Inc.
Good luck
sowhat
da solltet ihr mal reinhören, sehr interessant:
Press Release Source: Sterling Group Ventures Inc.
Sterling Group Featured On CEOcast
Monday April 19, 9:00 am ET
VANCOUVER, British Columbia--(BUSINESS WIRE)--April 19, 2004--Sterling Group (OTCBB: SGGV - News) is pleased to announce that it was featured in an interview by CEOcast on April 13, 2004.
In January 2004, Sterling Group Ventures Inc. acquired a company which had signed one development agreement and two letters of intent to explore and develop lithium deposits in China. Its aim is to be a major lithium producer in China.
For more information, please visit www.sterlinggroupventures.com for the interview and information on Sterling.
About CEOcast
CEOcast is the premier source of CEO interviews in the world with programming distributed to millions of online investors at over 700 financial web sites as well as to more than 20,000 portfolio managers, buy-side analysts and traders at more than 3,300 North American institutions. Content is also disseminated to over 7,000 investment research professionals representing over 425 institutions.
CEOcast is the premier source of original and syndicated streaming broadcast interviews of Chief Executive Officers at public and private news-making companies. Organized by industry, its analysts average over 15 years experience covering and evaluating Wall Street`s leading companies.
Any forward-looking statement in this press release is made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ substantially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors, product prices and changes in international and local markets, as well as the inherent risks of the mining related business.
ON BEHALF OF THE BOARD OF DIRECTORS
Richard Shao, President
Contact:
Sterling Group Ventures Inc.
Raoul Tsakok
Chairman
(604) 893-8891
OR
Sterling Group Ventures Inc.
Richard Shao
President
(604) 893-8891
Fax: (604) 408-8515
Website: www.sterlinggroupventures.com
Source: Sterling Group Ventures Inc.
Good luck
sowhat
Guten Tag,
das Interview ist wohl voll eingeschlagen. Kann eine heisse Woche werden
Good luck
sowhat
das Interview ist wohl voll eingeschlagen. Kann eine heisse Woche werden
Good luck
sowhat
Umsätze und Kurs ziehen an. Irgendwann kommt die Bestätigung seitens der chinesischen Behörden
Kurs 1,10 bei 36K
Kurs 1,10 bei 36K
Guten Morgen,
Umsatz gestern 188K, also deutlich mehr als vorher. Ich rechne mit einem weiteren Anziehen des Kursen. Wie gesagt, die Genehmigung steht noch aus. Kommt sie, kontrolliert SGGV 55% der chinesischen Lithiumreserven
Good luck
sowhat
Umsatz gestern 188K, also deutlich mehr als vorher. Ich rechne mit einem weiteren Anziehen des Kursen. Wie gesagt, die Genehmigung steht noch aus. Kommt sie, kontrolliert SGGV 55% der chinesischen Lithiumreserven
Good luck
sowhat
Guten Tag,
die Richtung stimmt Kurs 1,18 bei 79K
Die 1,50 sind das Nahziel
Good luck
sowhat
die Richtung stimmt Kurs 1,18 bei 79K
Die 1,50 sind das Nahziel
Good luck
sowhat
Umsatz z.Zt. 230K bei 1,18
Sterling Group Ventures, Inc.: Company Update
VANCOUVER, BRITISH COLUMBIA, Apr 28, 2004 (CCNMatthews via COMTEX) -- Sterling Group Ventures, Inc. ("Sterling") wishes to provide shareholders with an update on the progress of the lithium projects in China.
Jiajika Project
Sterling has signed an agreement with Sichuan Province Mining Ltd. to earn 75% of the Jiajika lithium project by taking the project into the production.
On March 29, 2004, Sterling`s Chinese partner has signed the contract with Bureau of Land and Resources of Sichuan Province to obtain the mining permit for the Jiajika property with Chinese official document (No. 002 - 2004 Chuan Guo Tu Zi Cai Kuang Quan Zi).
On April 15, 2004, our Chinese partner has submitted all requested documents for the application of the mining permit to the Bureau of Land and Resources according to Chinese Mining Laws. According to Chinese regulations and the contract with the Bureau, the mining permit shall be issued within forty (40) days.
On April 16, 2004, our Chinese partner submitted the joint venture proposal to Ganzi Prefecture Government of Sichuan Province regarding Sino-foreign Joint Venture Lithium Project with Micro Express Ltd. ("Micro") which is a wholly subsidiary of Sterling. The proposal was approved by the Planning and Development Commission of Ganzi Prefecture Government on April 21, 2004 as official document No. 202 (2004) - Gan Ji.
At the same time, a name was reserved for the joint venture, and the name reserved has been approved by Ganzi Prefecture Government of Sichuan Province on April 21, 2004 and will be approved in the Business Department of Sichuan Province in few days.
Request for the proposal for the update of previous feasibility study and preliminary design has been submitted to several engineering consulting firms and design institutes. The Jiajika lithium property is located 70 km from Kangding County and 440 km from Chengdu city, the capital of Sichuan Province. The property hosts 1,049 million lbs of lithium.
Lushi Project
On April 10, 2004, Sterling has signed the joint venture agreement with Lushi Guanpo Minerals Development Ltd. ("Lushi") of Henan Province of China to earn more than 90% of the lithium project by taking the project into the production. Currently, Lushi holds three mining permits which cover 1.66 square km.
On April 11, 2004, Lushi County Government has submitted the request to Sanmenxia City of Henan Province for the establishment of the joint venture company with Micro Express Ltd. which is a wholly subsidiary of Sterling. The proposed initial capacity is 132,000 t/a (rock processing). The Lushi property is estimated to contain 20 million lbs of lithium. The concession is about 100 square km and has a large potential to increase the resources of lithium. Currently 600 lithium-bearing veins have been discovered.
On April 19, 2004, Sterling has received a proposal from the team of Xinjiang Lithium Plant - the largest lithium chemical plant in Asia for the production of the lithium chemicals.
On April 21, 2004, Sterling visited Beijing General Research Institute of Mining & Metallurgy ("Institute") (www.bgrimm.com/eng/index.jsp) - one of the biggest mining engineering companies in China. The Institute is preparing a proposal for the resource auditing and metallurgical testing of the Lushi project to Sterling.
Sterling aims to be a major lithium producer in China. It currently has two agreements to develop the Jiajika (the largest lithium mineral deposit in China) and Lushi lithium projects.
Any forward-looking statement in this press release is made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ substantially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors, product prices and changes in international and local markets, as well as the inherent risks of the mining related business.
ON BEHALF OF THE BOARD OF DIRECTORS
(Signed)
Richard Shao, President
CONTACT: Sterling Group Ventures Inc.
Raoul Tsakok
Chairman
(604) 893-8891
(604) 408-8515 (FAX)
or
Sterling Group Ventures Inc.
Richard Shao
President
(604) 893-8891
(604) 408-8515 (FAX)
www.sterlinggroupventures.com
VANCOUVER, BRITISH COLUMBIA, Apr 28, 2004 (CCNMatthews via COMTEX) -- Sterling Group Ventures, Inc. ("Sterling") wishes to provide shareholders with an update on the progress of the lithium projects in China.
Jiajika Project
Sterling has signed an agreement with Sichuan Province Mining Ltd. to earn 75% of the Jiajika lithium project by taking the project into the production.
On March 29, 2004, Sterling`s Chinese partner has signed the contract with Bureau of Land and Resources of Sichuan Province to obtain the mining permit for the Jiajika property with Chinese official document (No. 002 - 2004 Chuan Guo Tu Zi Cai Kuang Quan Zi).
On April 15, 2004, our Chinese partner has submitted all requested documents for the application of the mining permit to the Bureau of Land and Resources according to Chinese Mining Laws. According to Chinese regulations and the contract with the Bureau, the mining permit shall be issued within forty (40) days.
On April 16, 2004, our Chinese partner submitted the joint venture proposal to Ganzi Prefecture Government of Sichuan Province regarding Sino-foreign Joint Venture Lithium Project with Micro Express Ltd. ("Micro") which is a wholly subsidiary of Sterling. The proposal was approved by the Planning and Development Commission of Ganzi Prefecture Government on April 21, 2004 as official document No. 202 (2004) - Gan Ji.
At the same time, a name was reserved for the joint venture, and the name reserved has been approved by Ganzi Prefecture Government of Sichuan Province on April 21, 2004 and will be approved in the Business Department of Sichuan Province in few days.
Request for the proposal for the update of previous feasibility study and preliminary design has been submitted to several engineering consulting firms and design institutes. The Jiajika lithium property is located 70 km from Kangding County and 440 km from Chengdu city, the capital of Sichuan Province. The property hosts 1,049 million lbs of lithium.
Lushi Project
On April 10, 2004, Sterling has signed the joint venture agreement with Lushi Guanpo Minerals Development Ltd. ("Lushi") of Henan Province of China to earn more than 90% of the lithium project by taking the project into the production. Currently, Lushi holds three mining permits which cover 1.66 square km.
On April 11, 2004, Lushi County Government has submitted the request to Sanmenxia City of Henan Province for the establishment of the joint venture company with Micro Express Ltd. which is a wholly subsidiary of Sterling. The proposed initial capacity is 132,000 t/a (rock processing). The Lushi property is estimated to contain 20 million lbs of lithium. The concession is about 100 square km and has a large potential to increase the resources of lithium. Currently 600 lithium-bearing veins have been discovered.
On April 19, 2004, Sterling has received a proposal from the team of Xinjiang Lithium Plant - the largest lithium chemical plant in Asia for the production of the lithium chemicals.
On April 21, 2004, Sterling visited Beijing General Research Institute of Mining & Metallurgy ("Institute") (www.bgrimm.com/eng/index.jsp) - one of the biggest mining engineering companies in China. The Institute is preparing a proposal for the resource auditing and metallurgical testing of the Lushi project to Sterling.
Sterling aims to be a major lithium producer in China. It currently has two agreements to develop the Jiajika (the largest lithium mineral deposit in China) and Lushi lithium projects.
Any forward-looking statement in this press release is made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ substantially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors, product prices and changes in international and local markets, as well as the inherent risks of the mining related business.
ON BEHALF OF THE BOARD OF DIRECTORS
(Signed)
Richard Shao, President
CONTACT: Sterling Group Ventures Inc.
Raoul Tsakok
Chairman
(604) 893-8891
(604) 408-8515 (FAX)
or
Sterling Group Ventures Inc.
Richard Shao
President
(604) 893-8891
(604) 408-8515 (FAX)
www.sterlinggroupventures.com
WEDNESDAY, APRIL 28, 2004 01:19 PM
This is the 1st VOLUME alert for SGGV in the past 7 calendar days.
Trading for Sterling Group Ventures Inc (OTCBB: SGGV) has been heavier than usual in today`s session. By 13:20 ET, the stock had already traded 222,400 shares via 25 trades. The cumulative volume is 403.17% above its 20-day average of 44,200. Normally the stock experiences around 6 individual trades per session.
So far, today`s volume surge has caused a net decline in SGGV`s stock price. At the time of this alert, the stock was trading at $1.180, down $-0.010 (-0.84%).
Five months ago, the Company`s shares closed at $0.500. The price has gained more than 136 percent since then.
Over the last 10 trading session SGGV has traded in a range between $0.980 and $1.200 and is currently trading 1.67% below its 52-week high of $1.200 set on April 27, 2004 and 136.00% above its 52-week low of $0.500 from February 03, 2004.
In the previous 3 sessions, SGGV trading has displayed a mixed trend. Closing results have been as follows:
April 27, 2004 --- closed at $1.190 up $0.090 (+8.18%) on 162,500 shares
April 26, 2004 --- closed at $1.100 up $0.110 (+11.11%) on 188,500 shares
April 23, 2004 --- closed at $0.990 down $0.020 (-1.98%) on 2,500 shares
The Company last released news on April 28, 2004 (today):
"Sterling Group Ventures, Inc.: Company Update"
STERLING GROUP VENTURES INC
Sterling Group Ventures Inc., an exploration stage company, is in the business of exploration and development of mineral properties. The Company, through a holding subsidiary, plans to develop the Jiajika lithium deposit in Sichuan and to explore the Daoxian and the Lushi lithium deposits in China. The Company is currently evaluating Daoxian project and will take samples for further metallurgical tests.
This is the 1st VOLUME alert for SGGV in the past 7 calendar days.
Trading for Sterling Group Ventures Inc (OTCBB: SGGV) has been heavier than usual in today`s session. By 13:20 ET, the stock had already traded 222,400 shares via 25 trades. The cumulative volume is 403.17% above its 20-day average of 44,200. Normally the stock experiences around 6 individual trades per session.
So far, today`s volume surge has caused a net decline in SGGV`s stock price. At the time of this alert, the stock was trading at $1.180, down $-0.010 (-0.84%).
Five months ago, the Company`s shares closed at $0.500. The price has gained more than 136 percent since then.
Over the last 10 trading session SGGV has traded in a range between $0.980 and $1.200 and is currently trading 1.67% below its 52-week high of $1.200 set on April 27, 2004 and 136.00% above its 52-week low of $0.500 from February 03, 2004.
In the previous 3 sessions, SGGV trading has displayed a mixed trend. Closing results have been as follows:
April 27, 2004 --- closed at $1.190 up $0.090 (+8.18%) on 162,500 shares
April 26, 2004 --- closed at $1.100 up $0.110 (+11.11%) on 188,500 shares
April 23, 2004 --- closed at $0.990 down $0.020 (-1.98%) on 2,500 shares
The Company last released news on April 28, 2004 (today):
"Sterling Group Ventures, Inc.: Company Update"
STERLING GROUP VENTURES INC
Sterling Group Ventures Inc., an exploration stage company, is in the business of exploration and development of mineral properties. The Company, through a holding subsidiary, plans to develop the Jiajika lithium deposit in Sichuan and to explore the Daoxian and the Lushi lithium deposits in China. The Company is currently evaluating Daoxian project and will take samples for further metallurgical tests.
Guten Morgen
Schlusskurs 1,25 USD bei 290K Umsatz.
Seit Threaderöffnung vor einem Monat mind. 25% und das bei dem Umfeld Wer will kann also diesen Gewinn einfahren. Die wichtigen Nachrichten stehen aber noch aus!
Good luck
sowhat
Schlusskurs 1,25 USD bei 290K Umsatz.
Seit Threaderöffnung vor einem Monat mind. 25% und das bei dem Umfeld Wer will kann also diesen Gewinn einfahren. Die wichtigen Nachrichten stehen aber noch aus!
Good luck
sowhat
!
Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an feedback@wallstreet-online.de
Guten Morgen,
wie im vorigen Posting angedeutet fehlen noch wichtige News. Gestern kam so eine. Es kann losgehen.
Mining Permit Issued to Sterling`s Chinese Partner and Joint Venture Proposal Has Been Approved by the Bureau of Land and Resources of Sichuan Province
Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--July 13, 2004 Sterling Group Ventures, Inc. ("Sterling") (OTCBB:SGGV) (FRANKFURT:GD7) is pleased to announce that the Bureau of Land and Resources of Sichuan Province, China has issued the necessary mining permit to Sterling`s Chinese partner - Sichuan Province Mining Ltd. to develop and put the Jiajika lithium deposit into production. The mining permit number is 5100000410234.
On June 22, 2004, The Bureau of Land and Resources of Sichuan Province also approved the joint venture proposal submitted by Sichuan Province Mining Ltd. According to approval document, Sichuan Province Mining Ltd. will use its mining permit and part of cash as its contributions in the proposed joint venture company with Micro Express Ltd.("Micro") which is wholly subsidiary of Sterling. Micro will bring the project into production.
The Jiajika lithium deposit is located in Sichuan province of China. Sterling will proceed to set up a joint venture in which Sterling will own a 75% interest and apply for a business license. The name for the joint venture which is Jihai Lithium Ltd. has already been approved by the Business Department of Sichuan Province.
The Jiajika lithium deposit is located 70 km from Kangding County and 440 km from Chengdu city, the capital of Sichuan Province. It is the largest lithium mineral deposit in China, which is estimated to account for 43.3% of Chinese lithium mineral reserves. The type of deposit is granite pegmatite. The deposit was explored by Ganzi Geological Brigade, No. 404 Geological Brigade and No. 108 Geological Brigade of Sichuan Province separately from 1959 to 1992. The exploration works include 25,691 meters of drilling and 55,155 m3 of trenching. There are 74 lithium-bearing veins in the deposit. The deposit hosts in excess of 1 billion lbs of lithium according to Chinese geological reports and Chinese audit report conducted by Sichuan Province Minerals Reserve Committee of China with grade of 1.28% of Li2O(lithium Oxide) in the deposit. Other reserves in the property include 37 million lbs of BeO (beryllium oxide) with grade 0.048%, 10 million lbs of Nb2O5 (niobium oxide) with grade 0.0127%, and 5 million lbs of Ta2O5 (tantalum oxide) with grade 0.0074%.
The deposit can be mined using open pit method and is accessible by road. There is good infrastructure such as water, electricity etc. in the area. The ratio of overburden is only 0.25:1 and is 35 - 400 m deep, 1.44 - 21 m width and 50 - 400 m long in No. 134 vein. The deposit which is located at 4370 - 4460 meters above sea level and on flat land can be processed easily. Using gravity and magnetic methods, the concentrate containing 6.09% of Li2O can be processed and the recovery of Li2O is estimated to be 84% according to Beijing Non-ferric Metal Research and Design Institute.
The Company has started to revise its Chinese feasibility study as well as environmental impact study. Initial capacity will be 240,000 t/a and will be increased to 900,000 t/a quickly.
Lithium prices have climbed steadily since the 1970`s at an annual rate of 4% mainly because the main industries that use lithium only count it as one small component of the total cost of the products. Also, lithium is the lightest of all metals with a density of about half of all metals and a good conductivity of heat and electricity which have lent itself to a variety of increasing applications commercially. The consumption of lithium is estimated at only 4 lbs per capita in China compared with 21 lbs in the US. Growth of the lithium market has consistently remained between 2-5% over recent years according to Roskill Information Service and they predict this trend will continue in the future and a bright outlook for lithium. The lithium market is highly concentrated with just a few players such as Australia and Chile.
Sterling aims to be a major lithium producer in China. It currently has two agreements to develop the Jiajika (the largest lithium mineral deposit in China) lithium deposit in which Sterling expects to own a minimum 75% when the joint venture is formed and Lushi lithium deposit in which Sterling expects to own a minimum 90% when the joint venture is formed.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
Safe Harbor Statement under the United States Private Securities Litigation Reform Act of 1995: Except for the statements of historical fact contained herein, the information constitutes "forward-looking statements" within the meaning of the Private Securities Litigation reform Act of 1995. Such forward looking statements, including but not limited to those with respect to the price of lithium, niobium, beryllium, and tantalum, the timing and amount of estimated production, costs of production, reserve determination and reserve conversion rates, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Such factors include, among others, risks relating to the integration of the acquisition, risks relating to international operations, risks relating to joint venture operations, the actual results of current exploration activities, the actual results of current reclamation activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of lithium, beryllium, niobium, tantalum, and other metals, as well as those factors affecting the mineral industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should no place undue reliance on forward-looking statements.
Cautionary Note to U. S. Investors Concerning Estimates of Measure, Indicated, and Inferred Resources and Reserves. Statements regarding reserves have been based on audits conducted under Chinese methods of calculation.
ON BEHALF OF THE BOARD OF DIRECTORS
Richard Shao, Ph.D. President
Nach Umsatzlosen Tagen, weil keine News da waren, kam sofort Volumen in die Aktie. Bei 393k Umsatz schloss die Aktie bei 1,02 USD, einem Plus von 13%.
Wie gesagt, jetzt kann es losgehen. Wir werden noch mehr zu lesen bekommen.
Good luck
sowhat
wie im vorigen Posting angedeutet fehlen noch wichtige News. Gestern kam so eine. Es kann losgehen.
Mining Permit Issued to Sterling`s Chinese Partner and Joint Venture Proposal Has Been Approved by the Bureau of Land and Resources of Sichuan Province
Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--July 13, 2004 Sterling Group Ventures, Inc. ("Sterling") (OTCBB:SGGV) (FRANKFURT:GD7) is pleased to announce that the Bureau of Land and Resources of Sichuan Province, China has issued the necessary mining permit to Sterling`s Chinese partner - Sichuan Province Mining Ltd. to develop and put the Jiajika lithium deposit into production. The mining permit number is 5100000410234.
On June 22, 2004, The Bureau of Land and Resources of Sichuan Province also approved the joint venture proposal submitted by Sichuan Province Mining Ltd. According to approval document, Sichuan Province Mining Ltd. will use its mining permit and part of cash as its contributions in the proposed joint venture company with Micro Express Ltd.("Micro") which is wholly subsidiary of Sterling. Micro will bring the project into production.
The Jiajika lithium deposit is located in Sichuan province of China. Sterling will proceed to set up a joint venture in which Sterling will own a 75% interest and apply for a business license. The name for the joint venture which is Jihai Lithium Ltd. has already been approved by the Business Department of Sichuan Province.
The Jiajika lithium deposit is located 70 km from Kangding County and 440 km from Chengdu city, the capital of Sichuan Province. It is the largest lithium mineral deposit in China, which is estimated to account for 43.3% of Chinese lithium mineral reserves. The type of deposit is granite pegmatite. The deposit was explored by Ganzi Geological Brigade, No. 404 Geological Brigade and No. 108 Geological Brigade of Sichuan Province separately from 1959 to 1992. The exploration works include 25,691 meters of drilling and 55,155 m3 of trenching. There are 74 lithium-bearing veins in the deposit. The deposit hosts in excess of 1 billion lbs of lithium according to Chinese geological reports and Chinese audit report conducted by Sichuan Province Minerals Reserve Committee of China with grade of 1.28% of Li2O(lithium Oxide) in the deposit. Other reserves in the property include 37 million lbs of BeO (beryllium oxide) with grade 0.048%, 10 million lbs of Nb2O5 (niobium oxide) with grade 0.0127%, and 5 million lbs of Ta2O5 (tantalum oxide) with grade 0.0074%.
The deposit can be mined using open pit method and is accessible by road. There is good infrastructure such as water, electricity etc. in the area. The ratio of overburden is only 0.25:1 and is 35 - 400 m deep, 1.44 - 21 m width and 50 - 400 m long in No. 134 vein. The deposit which is located at 4370 - 4460 meters above sea level and on flat land can be processed easily. Using gravity and magnetic methods, the concentrate containing 6.09% of Li2O can be processed and the recovery of Li2O is estimated to be 84% according to Beijing Non-ferric Metal Research and Design Institute.
The Company has started to revise its Chinese feasibility study as well as environmental impact study. Initial capacity will be 240,000 t/a and will be increased to 900,000 t/a quickly.
Lithium prices have climbed steadily since the 1970`s at an annual rate of 4% mainly because the main industries that use lithium only count it as one small component of the total cost of the products. Also, lithium is the lightest of all metals with a density of about half of all metals and a good conductivity of heat and electricity which have lent itself to a variety of increasing applications commercially. The consumption of lithium is estimated at only 4 lbs per capita in China compared with 21 lbs in the US. Growth of the lithium market has consistently remained between 2-5% over recent years according to Roskill Information Service and they predict this trend will continue in the future and a bright outlook for lithium. The lithium market is highly concentrated with just a few players such as Australia and Chile.
Sterling aims to be a major lithium producer in China. It currently has two agreements to develop the Jiajika (the largest lithium mineral deposit in China) lithium deposit in which Sterling expects to own a minimum 75% when the joint venture is formed and Lushi lithium deposit in which Sterling expects to own a minimum 90% when the joint venture is formed.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
Safe Harbor Statement under the United States Private Securities Litigation Reform Act of 1995: Except for the statements of historical fact contained herein, the information constitutes "forward-looking statements" within the meaning of the Private Securities Litigation reform Act of 1995. Such forward looking statements, including but not limited to those with respect to the price of lithium, niobium, beryllium, and tantalum, the timing and amount of estimated production, costs of production, reserve determination and reserve conversion rates, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Such factors include, among others, risks relating to the integration of the acquisition, risks relating to international operations, risks relating to joint venture operations, the actual results of current exploration activities, the actual results of current reclamation activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of lithium, beryllium, niobium, tantalum, and other metals, as well as those factors affecting the mineral industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should no place undue reliance on forward-looking statements.
Cautionary Note to U. S. Investors Concerning Estimates of Measure, Indicated, and Inferred Resources and Reserves. Statements regarding reserves have been based on audits conducted under Chinese methods of calculation.
ON BEHALF OF THE BOARD OF DIRECTORS
Richard Shao, Ph.D. President
Nach Umsatzlosen Tagen, weil keine News da waren, kam sofort Volumen in die Aktie. Bei 393k Umsatz schloss die Aktie bei 1,02 USD, einem Plus von 13%.
Wie gesagt, jetzt kann es losgehen. Wir werden noch mehr zu lesen bekommen.
Good luck
sowhat
hi sowhat, bekam die news auch per mail. ist der raoul tsakok der bruder vom maurice tsakok von ivne?
China to establish world`s largest lithium base
Last Updated(Beijing Time):2004-06-16 14:07
China plans to establish the world`s largest lithium production base in west China`s Qinghai province.The construction project is expected to be completed by the end of 2004, CRIENGLISH.com reported Tuesday.
The construction project is currently under way and is expected to be completed by the end of 2004.
The facility will produce 800 tons lithium by the end of this year, which will increase to 40,000 tons per year in the future.
A leading project official says upon completion, Qinhai will be the largest lithium production base in the world.
Qinghai has rich lithium resources, which represent 96 percent of China`s total and 64 percent of the world`s.
Last Updated(Beijing Time):2004-06-16 14:07
China plans to establish the world`s largest lithium production base in west China`s Qinghai province.The construction project is expected to be completed by the end of 2004, CRIENGLISH.com reported Tuesday.
The construction project is currently under way and is expected to be completed by the end of 2004.
The facility will produce 800 tons lithium by the end of this year, which will increase to 40,000 tons per year in the future.
A leading project official says upon completion, Qinhai will be the largest lithium production base in the world.
Qinghai has rich lithium resources, which represent 96 percent of China`s total and 64 percent of the world`s.
Guten Tag
Es geht weiter. Die ersten Orders könnten reinkommen.
Press Release Source: Sterling Group Ventures Inc.
Sterling Group Ventures Inc.: Interest To Purchase All Initial Lithium Concentrate From Jiajika JV Received
Tuesday August 31, 8:01 am ET
VANCOUVER, British Columbia--(BUSINESS WIRE)--Aug. 31, 2004--Sterling Group (OTCBB: SGGV - News; FRANKFURT: GD7) is pleased to report that it, through its subsidiary Micro Express Ltd., and its partner have received expression of interest from three lithium users to purchase lithium concentrates in excess of what the joint venture plans to initially produce. Two lithium chemical producers indicated quantities of 35,000 tonnes per year or 74% of the total lithium concentrate to be produced while the third company, Xinjiang lithium plant, which imports its most of lithium requirement from Australia, is interested in taking all lithium concentrates (about 47,000 tonnes) to be produced at market price. More details about offtake of the lithium concentrates are under discussion. Initial capacity is planned for 240,000 tonnes per year rising quickly to 900,000 tonnes. The lithium concentrate expected to be produced is 47,320 tonnes per year for 240,000 tonnes/annum capacity.
ADVERTISEMENT
In June, the Bureau of Land and Resources of Sichuan Province, China issued the necessary mining permit to Sterling`s Chinese partner - Sichuan Province Mining Ltd., a company 40% controlled by the Sichuan Provincial Government, to develop and put the Jiajika lithium deposit into production. The mining permit number is 5100000410234. The Bureau also approved the joint venture proposal (official document No. 469) submitted by Sichuan Province Mining Ltd. According to approval document, Sichuan Province Mining Ltd. will use its mining permit and part of cash as its contributions in the proposed joint venture company with a subsidiary of Sterling. Sterling will bring the project into production. A joint venture, called Jihai Lithium Ltd., is in the process of being set up in which Sterling will own a 75% interest and apply for a business license.
The Jiajika lithium deposit is located 70 km from Kangding County and 440 km from Chengdu city, the capital of Sichuan Province. It is the largest lithium mineral deposit in China, which is estimated to account for 43.3% of Chinese lithium mineral reserves. The type of deposit is granite pegmatite. The deposit can be mined using open pit method and is accessible by road. There is good infrastructure such as water, electricity etc. in the area. The ratio of overburden is only 0.25:1 and is 35 - 400 m deep, 1.44 - 21 m width and 50 - 400 m long in No. 134 vein. The deposit was explored by Ganzi Geological Brigade, No. 404 Geological Brigade and No. 108 Geological Brigade of Sichuan Province separately from 1959 to 1992. The exploration works include 25,691 meters of drilling and 55,155 m3 of trenching. There are 74 lithium-bearing veins in the deposit. The deposit hosts in excess of 1 billion lbs of lithium according to Chinese geological reports and Chinese audit report conducted by Sichuan Province Minerals Reserve Committee of China with grade of 1.28% of Li2O(lithium Oxide) in the deposit. Other reserves in the property include 37 million lbs of BeO (beryllium oxide) with grade 0.048%, 10 million lbs of Nb2O5 (niobium oxide) with grade 0.0127%, and 5 million lbs of Ta2O5 (tantalum oxide) with grade 0.0074%.
Sterling aims to be a major lithium producer in China. It currently has two agreements to develop the Jiajika (the largest lithium mineral deposit in China) and Lushi lithium projects in which Sterling expects to own a minimum 90% when the joint venture is formed.
ON BEHALF OF THE BOARD OF DIRECTORS
(Signed)
Richard Shao, Ph.D. President
CAUTION REGARDING FORWARD LOOKING STATEMENTS
Safe Harbor Statement under the United States Private Securities Litigation Reform Act of 1995: Except for the statements of historical fact contained herein, the information constitutes "forward-looking statements" within the meaning of the Private Securities Litigation reform Act of 1995. Such forward looking statements, including but not limited to those with respect to the price of lithium, niobium, beryllium, and tantalum, the timing and amount of estimated production, costs of production, reserve determination and reserve conversion rates, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Such factors include, among others, risks relating to the integration of the acquisition, risks relating to international operations, risks relating to joint venture operations, the actual results of current exploration activities, the actual results of current reclamation activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of lithium, beryllium, niobium, tantalum, and other metals, as well as those factors affecting the mineral industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should no place undue reliance on forward-looking statements.
Cautionary Note to U.S. Investors Concerning Estimates of Measure, Indicated, and Inferred Resources and Reserves. Statements regarding reserves have been based on audits conducted under Chinese methods of calculation.
Security Code: A0B9TQ
--------------------------------------------------------------------------------
Contact:
Sterling Group Ventures Inc.
President:
Richard Shao, 604-893-8891
Fax: 604-408-8515
or
Christopher Tsakok, MBA, 604-893-8891
Fax: 604-408-8515
Email: www.sterlinggroupventures.com
--------------------------------------------------------------------------------
Source: Sterling Group Ventures Inc.
Good luck
sowhat
Es geht weiter. Die ersten Orders könnten reinkommen.
Press Release Source: Sterling Group Ventures Inc.
Sterling Group Ventures Inc.: Interest To Purchase All Initial Lithium Concentrate From Jiajika JV Received
Tuesday August 31, 8:01 am ET
VANCOUVER, British Columbia--(BUSINESS WIRE)--Aug. 31, 2004--Sterling Group (OTCBB: SGGV - News; FRANKFURT: GD7) is pleased to report that it, through its subsidiary Micro Express Ltd., and its partner have received expression of interest from three lithium users to purchase lithium concentrates in excess of what the joint venture plans to initially produce. Two lithium chemical producers indicated quantities of 35,000 tonnes per year or 74% of the total lithium concentrate to be produced while the third company, Xinjiang lithium plant, which imports its most of lithium requirement from Australia, is interested in taking all lithium concentrates (about 47,000 tonnes) to be produced at market price. More details about offtake of the lithium concentrates are under discussion. Initial capacity is planned for 240,000 tonnes per year rising quickly to 900,000 tonnes. The lithium concentrate expected to be produced is 47,320 tonnes per year for 240,000 tonnes/annum capacity.
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In June, the Bureau of Land and Resources of Sichuan Province, China issued the necessary mining permit to Sterling`s Chinese partner - Sichuan Province Mining Ltd., a company 40% controlled by the Sichuan Provincial Government, to develop and put the Jiajika lithium deposit into production. The mining permit number is 5100000410234. The Bureau also approved the joint venture proposal (official document No. 469) submitted by Sichuan Province Mining Ltd. According to approval document, Sichuan Province Mining Ltd. will use its mining permit and part of cash as its contributions in the proposed joint venture company with a subsidiary of Sterling. Sterling will bring the project into production. A joint venture, called Jihai Lithium Ltd., is in the process of being set up in which Sterling will own a 75% interest and apply for a business license.
The Jiajika lithium deposit is located 70 km from Kangding County and 440 km from Chengdu city, the capital of Sichuan Province. It is the largest lithium mineral deposit in China, which is estimated to account for 43.3% of Chinese lithium mineral reserves. The type of deposit is granite pegmatite. The deposit can be mined using open pit method and is accessible by road. There is good infrastructure such as water, electricity etc. in the area. The ratio of overburden is only 0.25:1 and is 35 - 400 m deep, 1.44 - 21 m width and 50 - 400 m long in No. 134 vein. The deposit was explored by Ganzi Geological Brigade, No. 404 Geological Brigade and No. 108 Geological Brigade of Sichuan Province separately from 1959 to 1992. The exploration works include 25,691 meters of drilling and 55,155 m3 of trenching. There are 74 lithium-bearing veins in the deposit. The deposit hosts in excess of 1 billion lbs of lithium according to Chinese geological reports and Chinese audit report conducted by Sichuan Province Minerals Reserve Committee of China with grade of 1.28% of Li2O(lithium Oxide) in the deposit. Other reserves in the property include 37 million lbs of BeO (beryllium oxide) with grade 0.048%, 10 million lbs of Nb2O5 (niobium oxide) with grade 0.0127%, and 5 million lbs of Ta2O5 (tantalum oxide) with grade 0.0074%.
Sterling aims to be a major lithium producer in China. It currently has two agreements to develop the Jiajika (the largest lithium mineral deposit in China) and Lushi lithium projects in which Sterling expects to own a minimum 90% when the joint venture is formed.
ON BEHALF OF THE BOARD OF DIRECTORS
(Signed)
Richard Shao, Ph.D. President
CAUTION REGARDING FORWARD LOOKING STATEMENTS
Safe Harbor Statement under the United States Private Securities Litigation Reform Act of 1995: Except for the statements of historical fact contained herein, the information constitutes "forward-looking statements" within the meaning of the Private Securities Litigation reform Act of 1995. Such forward looking statements, including but not limited to those with respect to the price of lithium, niobium, beryllium, and tantalum, the timing and amount of estimated production, costs of production, reserve determination and reserve conversion rates, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Such factors include, among others, risks relating to the integration of the acquisition, risks relating to international operations, risks relating to joint venture operations, the actual results of current exploration activities, the actual results of current reclamation activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of lithium, beryllium, niobium, tantalum, and other metals, as well as those factors affecting the mineral industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should no place undue reliance on forward-looking statements.
Cautionary Note to U.S. Investors Concerning Estimates of Measure, Indicated, and Inferred Resources and Reserves. Statements regarding reserves have been based on audits conducted under Chinese methods of calculation.
Security Code: A0B9TQ
--------------------------------------------------------------------------------
Contact:
Sterling Group Ventures Inc.
President:
Richard Shao, 604-893-8891
Fax: 604-408-8515
or
Christopher Tsakok, MBA, 604-893-8891
Fax: 604-408-8515
Email: www.sterlinggroupventures.com
--------------------------------------------------------------------------------
Source: Sterling Group Ventures Inc.
Good luck
sowhat
Hallo Leute.
Fieser Kursverfall. Langsam würde ich mich für die Firma interessieren.
Kann mir jemand sagen, ob sich der Lithiumpreis auf der Website (s. http://www.sterlinggroupventures.com/market9.html ) tatsächlich auf das Pfund Lithium oder Pfund Li2O bezieht?
Bei 1,28% Li2O käme ich ja auf einen In-Situ-Wert der Ressourcen von 650 bis 1400 USD pro Tonne Erz. Bei Open Pit in China! Kann doch gar nicht sein, oder?
Entweder sind es nur 5.0 USD statt 50 USD pro lb, oder der Erzgehalt ist fälschlich statt in Promille in Prozent angegeben, oder ...
1,28% Li2O pro Tonne wären 12,8 kg pro Tonne, also ca. 28 lb pro Tonne; mal 50 USD wären das 1400 USD pro Tonne, falls sich der Preis auf ein Pfund Li2O bezieht, entsprechend (14/30)*1400=650 USD pro Tonne, wenn der Preis pro Pfund reinem Li gemeint ist; 14/30 wg. des Atomgewichts 7 für Li und 16 für O
Wo ist mein Rechenfehler?
Oder ist die Produktion von Lithium so aufwendig, daß man so hohen "Erzwert" braucht, um profitabel zu arbeiten?
Fieser Kursverfall. Langsam würde ich mich für die Firma interessieren.
Kann mir jemand sagen, ob sich der Lithiumpreis auf der Website (s. http://www.sterlinggroupventures.com/market9.html ) tatsächlich auf das Pfund Lithium oder Pfund Li2O bezieht?
Bei 1,28% Li2O käme ich ja auf einen In-Situ-Wert der Ressourcen von 650 bis 1400 USD pro Tonne Erz. Bei Open Pit in China! Kann doch gar nicht sein, oder?
Entweder sind es nur 5.0 USD statt 50 USD pro lb, oder der Erzgehalt ist fälschlich statt in Promille in Prozent angegeben, oder ...
1,28% Li2O pro Tonne wären 12,8 kg pro Tonne, also ca. 28 lb pro Tonne; mal 50 USD wären das 1400 USD pro Tonne, falls sich der Preis auf ein Pfund Li2O bezieht, entsprechend (14/30)*1400=650 USD pro Tonne, wenn der Preis pro Pfund reinem Li gemeint ist; 14/30 wg. des Atomgewichts 7 für Li und 16 für O
Wo ist mein Rechenfehler?
Oder ist die Produktion von Lithium so aufwendig, daß man so hohen "Erzwert" braucht, um profitabel zu arbeiten?
Sehe gerade, in #6 steht was zu den Metallpreisen.
Demnach müßte Beryllium auch ziemlich wichtig sein, wird aber ansonsten in den anderen Meldungen ständig unterschlagen.
Demnach müßte Beryllium auch ziemlich wichtig sein, wird aber ansonsten in den anderen Meldungen ständig unterschlagen.
Ganz üble SoWhat-Aktie mal wieder.
Der Chart spricht Bände:
Der Chart spricht Bände:
Der Markt scheint im Moment nicht so recht an das Projekt zu glauben.
Dürfte interessant werden, wenn die metallurgischen Tests berichtet werden.
MktKap unter 10 Mio$
Dürfte interessant werden, wenn die metallurgischen Tests berichtet werden.
MktKap unter 10 Mio$
Guten Morgen,
solange nichts in trockenen Tüchern ist und keine News dbzgl. kommen, werden wir wohl schwache Kurse sehen. Bisher unerfreulich. Time will tell.
Zu Posting # 23 erübrigt sich jeglicher Kommentar.
Good luck
sowhat
solange nichts in trockenen Tüchern ist und keine News dbzgl. kommen, werden wir wohl schwache Kurse sehen. Bisher unerfreulich. Time will tell.
Zu Posting # 23 erübrigt sich jeglicher Kommentar.
Good luck
sowhat
.
860.000 Stück Umsatz heute!
Da könnte was im Busch sein.
Da könnte was im Busch sein.
ja, da wurde ein großes Paket verschoben - hoffen wir, daß das etwas gutes zu bedeuten hat; die Transaktion fand quasi durchgängig zu 0,215 US-Dollar statt..
Gruß, h.
Gruß, h.
Offenbar wird Sterling seit ein paar Tagen von interessierter Seite gepusht.
Laßt euch nicht mit überhöhten Kursen über den Tisch ziehen bzw. jammert nicht rum, wenn es demnächst wieder tiefer gehen sollte!
Bin zwar der Meinung, Sterling kann langfristig noch stark zulegen, aber die erhöhte Boardtätigkeit gefällt mir nicht unbedingt.
Laßt euch nicht mit überhöhten Kursen über den Tisch ziehen bzw. jammert nicht rum, wenn es demnächst wieder tiefer gehen sollte!
Bin zwar der Meinung, Sterling kann langfristig noch stark zulegen, aber die erhöhte Boardtätigkeit gefällt mir nicht unbedingt.
Was hast Du erwartet ?
Wenn ein Wert +70% in 5 Börsentagen hinlegt kann die
Frequenz im Board wohl nur zunehmen, oder ?
Wenn ein Wert +70% in 5 Börsentagen hinlegt kann die
Frequenz im Board wohl nur zunehmen, oder ?
Ja klar sternkoenig. Pusher? Nie und nimmer!
Hallo hooray1, bist du außer bei w:o und ragingbull auch noch woanders aktiv?
Hallo hooray1, bist du außer bei w:o und ragingbull auch noch woanders aktiv?
Die anderen Threads zu Sterling:
>>> CHINA-PERLE -- 1000%-CHANCE <<<
(begonnen am 30.5.)
*** RAKETE MIT KGV 0,36 ***
(gestartet 2.6.2005)
MK 14 Mio. US-$ - Ressourcen über 12 Mrd. US-$$$
(gestartet 8.6.2005)
>>> CHINA-PERLE -- 1000%-CHANCE <<<
(begonnen am 30.5.)
*** RAKETE MIT KGV 0,36 ***
(gestartet 2.6.2005)
MK 14 Mio. US-$ - Ressourcen über 12 Mrd. US-$$$
(gestartet 8.6.2005)
@borazon
Im März waren wir schon auf diesem Kurs-Niveau von heute. An der OTCBB haben durch die Threads vielleicht 5 Leute gekauft
Wenn stark unterbewertete Perlen (wie z.B Sterling - Wert pro Aktie bei 10,35 $ ) entdeckt werden, dann geht´s meistens Bergauf
Im März waren wir schon auf diesem Kurs-Niveau von heute. An der OTCBB haben durch die Threads vielleicht 5 Leute gekauft
Wenn stark unterbewertete Perlen (wie z.B Sterling - Wert pro Aktie bei 10,35 $ ) entdeckt werden, dann geht´s meistens Bergauf
Nicht, daß ich mich nicht freuen würde über 200% Gewinn innerhalb einer Woche, aber nächstes Mal gebt bitte eher Bescheid, damit ich mich noch stärker eindecken kann!
In der Focus Money soll angeblich ein Bericht drin sein über Lithium bzw. über ein Unternehmen, das in Spanien und/oder Italien bzgl. Li tätig ist.
Leider konnte sich mein Informant an den Namnen des Unternehmens nicht mehr erinnern.
Weiß jemand mehr?
Leider konnte sich mein Informant an den Namnen des Unternehmens nicht mehr erinnern.
Weiß jemand mehr?
Solid resources
borazon
nö, zwei Boards reichen mir..
bist du noch woanders aktiv..?
Gruß, h.
nö, zwei Boards reichen mir..
bist du noch woanders aktiv..?
Gruß, h.
#38
Sag ich ned.
#37
Danke. Hab das beim Googlen auch gefunden.
Sag ich ned.
#37
Danke. Hab das beim Googlen auch gefunden.
borazon
Spielverderber..
Spielverderber..
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