U.S. Markets closed

Orocobre Limited (OROCF)

Other OTC - Other OTC Delayed Price. Currency in USD
Add to watchlist
2.6900-0.0321 (-1.18%)
At close: 3:55PM EST
Sign in to post a message.
  • J
    John
    https://www.orocobre.com/wp/?mdocs-file=7558

    OROCF/Toyota JV expanding Olaroz II (44% complete) and LiHO Naraha, Japan Plant (80%. Complete) were strategic moves and 100% Li off take from all sources will be used by the new, April 2020, Toyota/Panasonic EV Battery JV ‘Prime Planet & Energy Solutions (Private JV). It’s the expansion of Primearth EV Energy Co., Ltd. ‘PEVE’ which is the original 1996 Toyota/Panasonic (Private JV) NiMH EV Battery supplier to Toyota, Honda, General Motors, plus. Now they are shifting to Li-ion Prismatic EV Batteries and expanding. Toyota “Protected the Castle” by securing a direct/exclusive Li supply. My original investment thesis was to invest in the battery manufacture, could not because it’s private, so I went looking for the Li. Cheers! JM
  • M
    Mikal
    Any News? Im out at $3.26 for now
  • L
    LittleHead
    Hey Management and Toyota...

    The entire EV market is on fire within the stock market....auto makers, battery manufacturers, miners, etc. Why is it OROCF only goes down or sideways? You tout being the first lithium miner in 20+ years to come to market but no one is obviously impressed.

    How about rewarding the shareholders with some positive news, results, actions that results in an appreciation of your stock price? Many of us, supported you at $3 and $4 a share when you wee in your infancy....

    Why not buy-back some of your stock if it is such a great value since you are sitting on so much cash?

    Do something!!
  • d
    david
    I'm in
    Bullish
  • Y
    Yahoo Finance Insights
    ORL.TO is up 6.93% to 3.24
  • T
    Timothy
    Very high growth in EV registrations in Germany in September as well.

    21,188 BEVs (8.0% market share / + 260.3% YoY)

    54,036 hybrids (20.4% market share / + 185.2% YoY), including

    20,127 plug-ins (7.6% market share / + 463.5% YoY)

    https://www.kba.de/DE/Presse/Pressemitteilungen/2020/Fahrzeugzulassungen/pm23_2020_n_09_20_pm_komplett.html?nn=2562684
  • T
    Timothy
    EV sales in France in September

    "There were 168,290 passenger vehicles registered in the month, according to industry group CCFA, on 22 selling days, compared with 21 selling days in September 2019."

    "Hybrid vehicles made up 13 percent of the market through September, compared with 5.3 percent in 2019. Of that figure, 3.5 percent were plug-in hybrids, compared with just 0.7 percent through September 2019. Battery-electric vehicles made up 6 percent of the market, compared with 1.9 percent through September 2019."

    https://europe.autonews.com/sales-market/french-sales-fall-3-september-return-historical-levels

    That means: BEV = 10,097 Hybrid = 21,878 Plugin Hybrid = 8,919
  • C
    Charles
    This joint venture PPES should not be underestimated, to which ORL is the main supplier of raw materials.

    https://www.reuters.com/article/idUST9N2GC018
    A Toyota Motor Corp and Panasonic Corp joint battery venture will establish a production line in Western Japan to manufacture lithium-ion power units for hybrid vehicles beginning in 2022, the company said on Tuesday.
    A Toyota Motor Corp and Panasonic Corp joint battery venture will establish a production line in Western Japan to manufacture lithium-ion power units for hybrid vehicles beginning in 2022, the company said on Tuesday.
    www.reuters.com
  • T
    Timothy
    "Toyota confident on electrification growth

    Toyota (NYSE:TM) projects that its annual global sales of electrified vehicles could reach 5.5M in 2025, although a formal company target wasn't set. The timeline to reach that level of electrified sales (hybrid, plug-in hybrid, electric, hydrogen fuel cell) is five years earlier than initially planned by the Japanese automaker. Seiya Nakao, chairman and president of Toyota China's engineering and manufacturing, said at an industry conference today that auto electrification was progressing faster than expected."

    https://seekingalpha.com/news/3617923-toyota-confident-on-electrification-growth
    Toyota (NYSE:TM) projects that its annual global sales of electrified vehicles could reach 5.5M in 2025, although a formal company target wasn't set.The timeline to reach that level of electrified sales (hybrid, plug-in hybrid, electric, hydrogen fue
    Toyota (NYSE:TM) projects that its annual global sales of electrified vehicles could reach 5.5M in 2025, although a formal company target wasn't set.The timeline to reach that level of electrified sales (hybrid, plug-in hybrid, electric, hydrogen fue
    seekingalpha.com
  • T
    Tom
    This stock appears to be doing well but flying under the radar. Why is that?
  • T
    Timothy
    The effect of the new EU CO2 regulations on battery demand.

    "1.5 times the Gigafactory capacity required

    The ability to produce enough battery cells is decisive for the production volume of e-cars. Ferdinand Dudenhöffer calculates: "With a battery capacity of 60 kWh per new car, that would mean an additional lithium-ion cell requirement of 83 GWh. Or, to put it another way: 1.5 Giga-Factories from Tesla in Fremont in their final stage of 55 GWh The investment sum should then be around seven billion euros for the additional cell capacities, if the Panasonic-Tesla figures are used as a basis, "said the car market expert."

    https://www.google.com/amp/s/amp.focus.de/auto/elektroauto/schwierig-aber-machbar-auto-experte-rechnet-vor-so-viele-elektroautos-braucht-man-fuer-die-hammer-co2-ziele-der-eu_id_12440461.html
  • j
    jack
    I do not understand why the stock is going down. As I understand it, there is not enough lithium to satisfy demand. So why is this bad for the company? Would someone please set me straight?
  • T
    Timothy
    "South Korean President Moon Jae-in announced virtually, at the first International Day of Clean Air for Blue Skies, that in a $17 billion investment, the country will boost the number of electric cars from the current 110,000 to 1.13 million by 2025, and increase the number of hydrogen vehicles from 8,000 to 200,000."

    https://electrek.co/2020/09/08/south-korea-to-boost-ev-numbers-to-1-13-million-by-2025/
  • Y
    Yahoo Finance Insights
    ORL.TO is up 11.81% to 2.65
  • Y
    Yahoo Finance Insights
    ORL.TO reached a 52 Week high at 3.63
  • C
    Charles
    Think about it again. The MOU contemplating lithium supply with PPES (Toyota and Panasonic) for 30,000 tons per year by 2025. What this means is that not only its current capacity has been fully booked, but also Orocobre and Naraha plant have to double or triple their capacities to meet the huge demands near term. Thus the capital raise has been so quickly filled. There is only one direction to go for the share price: UP!
  • C
    Clinton
    Trading will resume tomorrow.
  • R
    RobertL
    How will this halt effect the price? I'm assuming since the company asked for the trading halt its going to be negative. Can anyone shed some light on this?
  • T
    Timothy
    https://www.orocobre.com/investor-centre/announcements/
    20 January 2020
    Multi-year contracts for Olaroz battery grade lithium carbonate
    Orocobre Limited (ASX: ORE, TSX: ORL) (“Orocobre” or “the Company”), is pleased to advise that two
    contracts have been signed for supply of battery grade lithium carbonate to top tier Chinese cathode
    manufacturers.
    Toyota Tsusho Corporation (“TTC”), as joint sales and marketing agent for production from the Olaroz
    Lithium Facility (“Olaroz”), has signed one contract for supply of a total 7,200 tonnes of battery grade
    lithium carbonate and a second contract for supply of a total 2,880 tonnes of micronised battery grade
    lithium carbonate. Both contracts will see the total tonnages delivered over three years with the first
    shipments expected to commence in the March quarter 2020.
    The sales price for each contract will be set as per an agreed formula and is linked to market pricing with
    a floor and cap.
    Orocobre Managing Director and CEO Mr. Martín Pérez de Solay commented, “Thisis a welcome first step
    towards our previously stated commercial strategy of selling a greater proportion of our product under
    long term sales agreements with key customers.”
  • T
    Timothy
    My take on the half year report.
    *Martin (new CEO) seems to have a grasp on the process on the ponds. eg= making the ponds deeper to help increase the efficiency.
    *Was a little annoyed with the crystallizers answers, but Martin is new and has just begun to consider their value. So I'll accept that and hope he has a thorough grasp on them and whether theyll use them by the next CC.
    *the FID for the Narah(sp?) plant is suppose to be completed in Mar (next month!). I hope so, but we'll see as this bunch has said such things before. When this happens and the plant is actually under construction that ought to help OROCF a bunch.
    *So far, it appears the expansion for Phase 2 is on track & budget. It does appear theyre incorporating lessons learned from Phase 1.
    *Martin at least answered questions and if he didn't know he said so, but will learn.
    *They seem focused on plant efficiency, - annoyed by the lack of estimated production. to me, they've been there a few years now, they know the general weather patterns, so based on a rainfall per month they ought to be able to estimate production output. Of course if the weather was way different than a predicted and historical weather pattern then output would be different and understandable. Martin at east offered this weak answer to production guidance as opposed to RS simply ignoring this question. But at least theyre saying it will match 2018...maybe, just maybe they can beat it by year end..?
    * Overall, new CEO Martin, seemed ok, willing to give him 6mo and see how it looks then.
    *OROCF, needs to get their production output together, it seemed overall there's more of an focus on this.