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Progress, slow but sure is what I see.
:-)
@Bannor, Obs went dark all of a sudden and for all we know could well be ill or have passed away so may be best not to post disparaging remarks about them.
DEV MineraçãoDEV Mineração
Linkedin
6d • 6d •
CERNE's partnership in this final phase of the environmental licensing procedures was of great value to our work. In this second stage of the work we focus on the objective of conserving natural resource enterprises, to carry out a survey of fauna and flora, both terrestrial and aquatic. The project is complete and also includes measuring the noise that our operations may cause in the region where we operate in Amapá, as well as seeking to provide the community with greater awareness of the activities we carry out when extracting and moving iron ore. There were two moments in which excellent work was carried out, during the dry and rainy periods in the North of the country, so that the specialist company was able to issue a complete report of the entire survey of the before and after of our operations, with the aim of to maintain community well-being and environmental control.
😂🤣😂🤷♂️
.....indeed .... Where is Obs ...is that him posting as Wise investor on EMH or is he curled up in a ball somewhere mulling over the past & wondering where it all went so wrong 😂
Yep agreed, I posted Amapa or bust a few years back. And to think some of the brigade on here, I'm sure you can remember were posting about the expected dividends from Hastings, Sonora and EMH lol.
Exactly, we'll be out by their DFS 😂🤣😂! Shareholders diluted to build the once 20% stake held....for what?
That remaining RNS is the one I'm interested in lol.
'🤣😂🤣 their buy high sell low strategy is on point....'
....to be fair Dallas although their strategy has kept diluting, diluting & destroying the SP for PU's to keep us going for the last 13+ years it has provided literally many millions in salaries & hob nobs got pay the staff don't you know after all you can't run a circus without the clowns or a ranch without the cowboys 😂
I think it's clear (well to me anyways) we're going Amapa all in at the AIM casino .... fingers crossed.
.....and aren't we expecting at least one more RNS today ?!?
....actually I missed 3 of them so here they are 🤠🤠🤠
Indeed ....I wonder how many we might have sold into the spike today that we'll miss out on when some real significant news comes in - yeeeeeeee haaaaaaa!! 🤠
🤣😂🤣 their buy high sell low strategy is on point....
Indeed .... bet your ar$e on it being spun into another positive gain for our investment strategy .... I've made more on EMH as a % in the last couple of weeks than they will have done in the last 12 years!!
An EMH RNS won't be relevant to us soon....down to 3.2% now.
Boooom full ask being paid
European Metals Holdings #EMH - Successful production of lithium hydroxide at Cinovec
So, next week we will possibly know if the dodgy mining laws are overturned leaving the only hurdle as the investment claims'
I do recall while the laws were under review Ganfeng put investment on hold - that's easily defended I would imagine and as mentioned Peter Secker stated investment was exceeded:
https://www.reuters.com/markets/commodities/chinas-ganfeng-indefinitely-postpones-mexican-lithium-target-date-amid-govt-spat-2023-11-09/
"We have exceeded the minimum spend required," Secker said, adding the company will use all legal resources available to challenge the move and avoid a cancellation.
I'll say it again, this could be a way out of a sticky situation for Morena if they concede that the Supreme court are responsible, looking back over the last two years the narcissist has completely destroyed the nascent lithium industry in Mexico at a time when every other NA and SA country has supply on line or under construction along with battery factories.
You won't have a battery industry without the Chinese giants being involved.
AMLO had one reason, LOL
I don't think Clifford Chance will have much of a challenge ahead if the mining laws are overturned, now how did Morena justify the vote outside the chamber and without the opposition being present?
Clue - an interim law under little global event that had already subsided so the semi-presential session should not have been invoked.
But its good news to remind us that during Covid developments across many industries was halted, I'm sure as Peter Secker has stressed that Ganfeng and Bacanora kept within the investment requirements and infact claim to have exceeding them.
Also in as of March 2022 Ganfeng news release outlines spending plans $1bn - $3bn
The Sonora project has so far cost 50 million dollars and the mining company plans to spend another 3,000 in the extraction and manufacture of batteries in the future.
Of that amount, around 1,000 million will arrive "in the next five years," they say.
“Our plan is to have a company that dominates the entire lithium value chain in Mexico: that not only includes the mine, but also the production of batteries and their recycling.
.....see where it leads indeed .... however also bearing in mind that the reasons given for our concession cancellations wasn't the mining law reforms but a 'lack of investment/progress' in line with the licence requirements which may yet be another battleground ..... still not marinading my hat just yet .....
Great to see EMH progressing , ive bought 100,000 in the last week im feeling very optimistic when it starts moving it will move very quick
S/B EMH RNS
Https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02794329-6A1202199
Https://www.northernminer.com/news/mexicos-supreme-court-could-strike-down-presidents-mining-reforms-next-week/1003866150/
Canadian companies accounted for up to US$8 billion in exploration spending and 70% of foreign investment in Mexico’s mining sector between 2012 and 2022, according to figures from the country’s mining chamber, Camimex. They’re eyeing next week’s Supreme Court ruling like a traffic light for project exploration and development.
I do wonder if AMLO and Morena will see this as way out of a bad situation is it's overturned, as it should be!
Battery tech is moving so fast now that I'm sure there will be a surge in investments later in the year - Solid state, but also some big breakthroughs from the leading Chinese manufacturers.
Wise words jimbo!
SSI Erdogan Bey 04/18 04/22 HD Logistics North Trading MCC Brandão Manganese 45,000,000