Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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@Leon66 Hows your short doing? lol . but only imo
Https://youtu.be/knVDoYwtt80 (16 April 24; 27mins long) defo worth a watch from the perspective of Northvolt's Chief Supply Chain Officer.
Video segments:
00:00 - Video Introduction
00:20 - The world's greenest battery
01:26 - Impact of low raw material prices
03:46 - Europe and raw material production
07:55 - Northvolt's nickel view
10:59 - Cobalt and the DRC
14:05 - New extraction technologies
16:01 - North American plans
16:56 - The role of Chinese companies
20:05 - Investing in mines
21:30 - Sustainability and prices
24:15 - Competing with Chinese companies
Cinovec would suit them perfectly as a sustainable Li resource.
Election over there coming up. Govt could be tossed out as well.
It’s just a dead cat imo. Irrational exuberance. No offtakes. No agreements. No DFS. Hot air imo.
5p imo.
Wise.
Excuse my ignorance, I’ve listened to the 2 interviews and can see your reasoning for mgmt hinting at more grants possible.
When is this expected to be announced ? May ? What are you expecting from that ?
With such big news inbound, as we had in 2021, this should be double the current price
Buyers keep returning as some lose their positions
40p plus incoming
The issues were of a positive nature although not expaneded on
Low and behold the rally that started on the 11th of April on AIM , I think came from here .
We thank you for your message dated 4 April 2024 addressed to the General Secretariat of the Council of the European Union.
The Critical Raw Materials act was signed by the Council and the Parliament on 11 April 2024. You may wish to follow the procedure on the following web site:
https://eur-lex.europa.eu/procedure/EN/2023_79
Somehow it was not signed on the 18th of March
The Public Information Service
General Secretariat of the Council of the European Union
Contact: https://www.consilium.europa.eu/en/infopublic/
Disclaimer: The information provided has been prepared by the Public Information Service of the General Secretariat of the Council of the EU and may not be regarded as constituting an official position of the Council.
________________________________________
Trying to find out the float - getting a figure of £168m - is that all?
Thank you WOS 🙂
I was wondering about camkites post:
"The Geomet management team, in conjunction with DRA Global, is reviewing these matters. The Company expects to make a further announcement before the end of April 2024 detailing some of the more significant issues. "
What if any are these issues?
Hello Ms Vikinglass (from our share MATD holding).
Q you ask on the MATD BB and just to reply here - think Mr WiseInvestor sum up everything really well & with all source links (thank you Mr Wise).
Lots of Newsflow / Developments coming up for us as Mr Wise point out and was indicated they will add to investment in POSITIVE way.
Talk of DFS is another matter and do not think anyone expect this in Newsflow for end of April - only people who eant to put up false expectations to use this for negativity LOL!
What they should focus on is word PROGRESS and OPPPRRUNITY to get in at this Very important stage for investors and BEFORE major price moves up yet to come.
Some will get this - some will not - INTEL there & obvious really.
Good luck Ms Vikinglass & glad also you back in MATD also 💰🦉
Crazy that KC hasn't been doing any interviews over the course of the latest DFS delay and hydroxide news.
He must realise he's better off keeping his mouth shut these days.
Probably not as much as wise/fingersxd/reversal given the efforts he's giving to pump the price up
How much did you lose on this, out of curiosity?
A quick summary
EMH is Largest lithium deposit in Europe - the 5 largest non brine in the world, also a globally significant tin resource
In the coming weeksbthe EU will announce 17 strategic projects under the Critical Raw minerals act
https://www.engineeringnews.co.za/print-version/european-metals-flags-potential-improvements-in-delayed-dfs-2024-03-27
"As Europe's largest hard-rock lithium mining and processing project, the Cinovec project is applying for and is expected to receive strategic project designation under the CRMA.
The project has already been granted strategic process status under the EU's Just Transition Fund."
Announcement stage end of April
Geomet and DRA Global were reviewing the findings, with an announcement expected before the end of April outlining significant improvements and developments.
"They have been very helpful in country, they obviously have significant in country resources, and significant in country experience, which is proving to be invaluable for us, and i think more will come of that as we come to this announcement stage at the end of April" Refrence CEZ
Fully funded To FID by 17bn partner CEZ ( who's the 70% government owned state power company )
49mil Grant coming in may ( still more than the mcap) https://youtu.be/3Tl6Q4-5EOo?si=YW91Dtx6qAlOvPuU
I found 2 interviews where he actually says I think by accident that they have received the 49mil grant - this one and this one - https://youtu.be/QeLlbp1vzI8?si=CBcLhkYE9bJvGHP7
3.33 in the first 4.54 in the second
In the one from last week he said we have been pre approved and the money should become avaliable to them in May.
https://www.lse.co.uk/rns/just-transition-fund-approves-cinovec-project-hvgte7a76r3slkw.html
DFS and Offtake to follow - last week's news was one of the final parts of the DFS and offtake and DFS are expected to come to fruition together. We also know Offtake is in hand and advanced.
Also waiting on further news in connection to a new 8bn gigafactory offer the country currently has.
https://english.radio.cz/government-discloses-plans-ev-battery-gigafactory-karvina-8810603
https://www.lse.co.uk/rns/EMH/czech-pm-visits-cinovec-signs-moc-with-saxony-pm-mwkqeepvayfkxu7.html
Currently a circa 2bn Npv not including the Tin - 30,000 Tpa to upgraded to 60,000 which for anyone who knows is major numbers.
IMHO opinion based on the above, I see EMH as an actual safe smart investment op that's should never have been down here in the first place. Government backed, major backed and 6million invested but the European investment back at 42.3 after 9 months of DD, they will also be part of the FID that follows DFS and Offtake - A world class asset like that would never be left in ground - it either does get left in the ground, or it comes online and it's a 12 - 24 month 10x+ investment - company making Q2. Major in the making. Dyor and Atb
https://x.com/someuwin/status/1778337426223632472?t=Ct6
Obvious delays, but does anyone have a timeframe on predicted releasing of the dfs ??
News expected before end April. But anyone any idea on the dfs ?
“ As a result of the engineering work and social and environmental engagement work subsequently performed as part of the DFS process, several material matters have been highlighted that may significantly improve the lithium processing component of the DFS.
The Geomet management team, in conjunction with DRA Global, is reviewing these matters. The Company expects to make a further announcement before the end of April 2024 detailing some of the more significant issues. Further, the Company reiterates that the process flowsheet remains as announced on 31 October 2022 and confirmed in pilot testing results announced on 9 November 2023.
This review process could significantly improve the economic and social/community outcomes. Geomet considers this to be an important development in the Project and makes a further delay in the DFS well justified.”
Is 66 ill?
🙂
Sounds like you’ve got a short open to me.
Not imo. 5p and a significant board shuffle imo. Imminent.
50p inbound I expect to be more likely
It’s a dead cat imo. Nothing to back it up. No DFS..no agreements..no inking…just words and noise.
5p inbound imo.
On the bell this am. Regretting not taking them a few weeks ago.
21p paid. Looks like we’re on a bit of a run…
Oh and I notice the article is from Motley Fool -- no serious person pays attention to what they say !