Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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The next BCN.
BTW what an email…
The only farce Leon my friend is when you were conceived. If only your parents would have used a condom they would have said us all haha
Get on bored chap, you've been calling this wrong for a long time (guess no bonus this year from your paymasters)
It’s a farce. The next BCN.
Doesn’t look like many people acted on it, but agree, it ain’t good
Somebody’s head should roll at IG for that email.
European Metals Holdings Limited has proposed to delist from AIM.
Dear Client,
***FOLLOWING CLARIFICATION FROM OUR CUSTODIAN, PLEASE BE AWARE THAT THE PREVIOUS INFORMATION SHOWN BELOW IS NO LONGER VALID AND THE STOCK WILL CONTINUE TO TRADE IN LONDON, AND NO ACTION IS REQUIRED FROM YOUR END. YOU WILL SEE A RE-BOOKING OF YOUR POSITION ON 2nd MAY TO REFLECT THE CHANGE IN IDENTIFIER***
Please note that European Metals Holdings Limited has proposed to delist from AIM on the 1st May 2024.
The company is proposing to Re-domicile from the British Virgin Islands to Australia, with completion expected on May 1, 2024, after approval at the AGM held on December 22, 2023.
Thats lovely, but the actual price is still 20p and that's all people are willing to pay in the real world. We all know why......
European Metals Holdings (LON: EMH) says the latest metallurgical testing on the 49%-owned Cinovec lithium-tin deposit produced an exceptionally clean lithium hydroxide product. This was using average grade material. WH Ireland believes that fair value is 184p/share, and this will be updated after the feasibility study is published.
Planned highly sophisticated battery cell factory for electric cars.
ČEZ is preparing it in Prunéřov near Chomutov, and lithium from Cínovce could be primarily used here.
The processing plant can be right next to the Gigafactory, makes sense to me.
The factory can become the heart of the automotive industry in the Ústí Region with the prospect of supplying batteries to car manufacturers in the Czech Republic and Germany.
🔥
Skelly,
its not proof but Keith is quoting this in presentations over the last 3 to 4 weeks...... @4.20 we have been preapproved for the grant. Expect it to come through May (the slide says Q2)
https://youtu.be/oGm5QW2Dk_M?si=uS5UJTnfIED76iEN
Broker target 69p 🔥
Broker target 69p 🔥
Broker target 69p 🔥
69p
🤡Leon and Skelly are not allowed to comment!🤡
Noo don't ! oiii don't hands off !!
You seem very good at lying, show me where I have said I will filter you.
I'm a holder and you are just a sado looking for company! Now back to that gate, you might miss someone!
Sharealot, I was hoping you would filter me as you previously said you would so I wouldn’t have to worry about you attempting to bully and intimidate me for speaking the truth.
I'm also surprised your posting on a weekend. I thought that's one of the reasons you said I had no life?
Come on @Skelly85, back to your garden gate, you might miss someone passing who will bring something to your life.LOL
"All of this is great timing for EMH while likely to receive a €49million grant from the Just Transition fund in May/Q2. It's more than there whole mcap currently"
There is literally zero evidence from any source for this. Total BS.
The DFS isn't being finalised. It's being re-written because the entire concept of extraction, transportation and processing has been rejected by the local community and has been moved further from the mine. Hence the already 6 month delay on the original 8 month timeline of early Q4 2023.
You're writing completely misleading information to trick potential investors.
Also, didn't you know its not allowed to post on weekends? That's what I was told....
What has been clear in this process is the importance placed on this project by the community and Czech Government at all levels. In the European Union's Critical Raw Materials Act ("CRMA") environment, the coming together of both the Cinovec project joint venture partners and the Czech Government in the decision-making process with regards of the selection of the Prunéřov site provide a very strong foundation for our upcoming application for Strategic Project status under the CRMA."
https://twitter.com/MarosSefcovic/status/1780687644663685580?t=pjiy1ezdLKvsw7neOnwHDA&s=19
The Green Lights
Strategic status under the CMRA
https://twitter.com/CzechLithium/status/1750112472483135495?t=FQ06IyNdDTszjSfRYaDSKw&s=19 spoken to above
Receival of the Grant
All of this is great timing for EMH while likely to receive a €49million grant from the Just Transition fund in May/Q2. It's more than there whole mcap currently.
https://youtu.be/UPTqsrmTfAE?si=T9uR6whbsx5S9v4O
It's a fund designed specially to help the EU reduce dependency on coal - focused on coal+ regions of which the Czech Republic is one still getting 35%+ energy from coal in 2023. CEZ owns the majority of in country coal power has a phasing down program - today's RNS further spoke to the lithium being welcomed as they plan to transion the coal jobs from the region into clean jobs. EMHs tailings planned to be used to rehabilitate the coal deposits once phased out. All good for the likelyhood of them recieving it which would be a major catalyst to the SP but more so huge green light for the Project.
Gigafactory involvement
https://centraleuropeantimes.com/2024/03/mystery-ev-firm-to-build-eur-8bn-plant-in-czechia/
To read that and think of last week's news
DFS / Offtake
DFS being finalised - offtake expected to come to fruition alongside it. All the above are near term major Catalysts.
Will personally continue to accumulate while half the banks price and equal value to the Grant before the rest of the Q2 Newsflow.
Last week's News
Highlights
· The Prunéřov site has been selected for the lithium processing plant with the move expected to speed up the permitting process and expedite the Cinovec Project.
Speed up and Expidite
· The Prunéřov site is anticipated to also enable positive outcomes for project economics including reductions in capex and opex per tonne as a result of optimalization of the engineering identified as part of the Definitive Feasibility Study ("DFS") process, and reduced demolition and clearance requirements.
Positive outcomes for our Economics - Reduced Capex and Opex - last reported opex was $5567
· The new site has received preliminary agreement and support from the municipal and regional governments.
Confirmed support from municipal and regional governments which they didn't clearly have before until now. This is Big for Cinovec.
· Geomet will now proceed to finalise the DFS process taking into account the new site, including the revised capex from the new site.
Finalise...The largest majority of the DFS is complete. All of Cinovecs lock in cycles and flow sheets on both the carbonate and hydroxide were excellent.
Jan Losenický, Mayor of Kadaň, added: "We welcome the plan of ČEZ and Geomet to build a lithium plant in Prunéřov. People from our town who currently work in coal-fired power plants or mines, but which will be gradually downsized and closed, could find employment in the processing plant. The investor has promised to invest in the training and retraining of current employees so that they can be employed in the new sophisticated plant. We are glad that ČEZ will not leave the region with the end of coal but will remain one of the largest investors and employers in the region, also thanks to the lithium park project.
The news was great and further derisked EMH towards being a major producer for the EU and Czech Republic - it also gave further emphasis on the move away from coal, which supports the purpose of the JTF 49mil grant to help replace coal jobs with clean jobs.
Theres also been alot of confirmation across the 2024 interviews that CEZ, the government, and the bank are aligned and that the projects coming online. There's constant blaming the CEO when it's obviously not in his hands - it the EU that has been slow, until now. With the CMRA, net zero act, innovation fund have all come into effect over the last 6 months +the Just Transition fund starts giving companies the money in Q2- things have never been more on EMHs side from here moving forward.
End of April (2024 lol).
Where’s the DFS? Permits? Offtakes?
Not here (again and again)?
How disappointing.
Check the link Bot....multi billion dollar business, large part owned by Gov are audited to the zenith degree...figures based on facts and audited both internally and externally....😘
Your “guess” is the kiss of death.
And another interesting TAKEAWAY from p41, if CEZ predict their CAPEX to be around the £140 million mark for both battery and lithium mining, the EMH share will be considerable less (we have no ambitions in the battery giga sector). This is a strong indication of how much they think we will receive in grants/loans from various Gov and EU platforms....👏
So, my guess 800m from outside sources, 140m CEZ, 60m EMH....HAPPY DAYS....🌞 And happy to wait.....😁