Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
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Mrs B ... I know I might sound like a stuck record sometimes but that page is clearly titled 'KEY' assets & I simply don't think they consider either Megalit, Greenland OR St Luis (remember how that was going to provide a quick route to joyous riches as positioned & discussed on here - I wonder who took which view !!) as KEY
The ghost of BoD past
The reality of BoD present
:-)
Clancy has halted trading today ?
Aou has halted trading ?
Emh has rns out of quarterlies ,noting that it was only KC who issued it.?
Cadence have put out a presentation on Amapa, which also includes a list of our assets.....which excludes Greenland and Megalit JV ?
Bcn are silent as yet although according to their rns today is the last likely day for Ganfeng to confirm the deal.?
Has has reported great quarterlies.....and no one is interested?
?
Happy chatting.
On the face of it looks a marvelous share -- why doesnt the market think so ?
https://www.asx.com.au/asx/share-price-research/company/HAS
HAS quarterfinals as well if anyone's interested...
EMH QUARTERLIES
https://www.asx.com.au/asxpdf/20190731/pdf/4472dybmr70z6h.pdf
CADENCE JUNE
https://t.co/e3vHjsaWkc
MEGALIT?
GGG
https://www.proactiveinvestors.com.au/companies/amp/news/224756?__twitter_impression=true
Greenland Minerals raises $7 million in oversubscribed placement after successful Kvanefjeld rare earths feasibility optimisation
2019-07-31 00:14:00
Kvanefjeld is projected to be one of the largest global producers of key magnet metals including neodymium, praseodymium, dysprosium and terbium.
CLANCY EXPLORATION TRADING HALT.
BENCHMARK NEWS ON LITHIUM SUPPLY
https://gallery.mailchimp.com/4bff972445c3d36015be2ef8e/files/e2dc5dec-6f55-4672-8841-1eb14b459075/Lithium_s_price_paradox.pdf
Thats what I've been trying to say Major not Majority...
Tweet from Cadence
INDIA LEAD THE LITHIUM ELECTRIC VEHICLE RACE ON BUDGET
The finance minister announced tax rebates of up to ?1.5 lakh on interest paid on loans to buy EVs
India, though, like China or countries in the EU, has not set a target for automakers to convert a certain part of their total vehicle production to electric or other electrified offerings
New Delhi: With a host of incentives unveiled in the Union budget for electric vehicles, India has joined governments in China and Europe that have backed the development of the nascent EV industry by offering extensive fiscal incentives and a favourable regulatory environment.
Pushing ahead with its goal to have more electric vehicles to curb rampant pollution afflicting major cities and trim costly oil imports, the government has started from 1 April 2019, the second phase of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME 2) scheme, with an outlay of ?10,000 crore. Although this sum may not be significant compared to some developed countries, the incentives announced in the budget for this sector will go a long way in restoring the confidence of investors and customers alike.
In her maiden budget, finance minister Nirmala Sitharamanannounced income tax rebates of up to ?1.5 lakh to customers on interest paid on loans to buy electric vehicles, with a total exemption benefit of ?2.5 lakh over the entire loan period. The minister also announced customs duty exemption on lithium–ion cells, which will help lower the cost of lithium-ion batteries in India as they are not produced locally. Makers of components such as solar electric charging infrastructure and lithium storage batteries and other components will be offered investment linked income tax exemptions under Section 35 AD of the Income Tax Act, and other indirect tax benefits.
Most of these steps are similar to the one taken by the governments in China and Europe.
India, though, like China or countries in the European Union (EU), has not set a target for automakers to convert a certain part of their total vehicle production to electric or other electrified offerings. The NITI-Aayog is considering a policy proposal to ban all internal combustion engine two-wheelers under 150cc by 2025 and three-wheelers by 2023.
China, the world’s largest electric vehicle market, has already imposed restrictions on investment in new manufacturing plants for traditional vehicles and the local government has also mandated a quota for EV production for all manufacturers.
Through its New Energy Vehicle mandate, the Chinese government wants carmakers to shift a tenth of their capacity to electric, rising to 12% by 2020. It has also offered major incentives for manufacturing and lithium-ion batteries.
According to a report by the International Energy Agency (IEA), China was home to half of the world’s electric vehicles in 2018, followed by EU countries and the US. China plans to sell 4.6 million electric
The relevant RNS clearly states that CEZ could take a major stake in EMH, not a majority stake. There is a significant difference.
I dont have an issue with their involvement its when they control the share I would worry. On a side comment the Czechs havent changed at all since the commie days !
it doesn’t read that way to me... cinovec was going nowhere without some form of government involvement... it was a bit of a catch 22... mexican standoff... stalemate situation... that finally looks like it’s now in the process of being amicably resolved...
is that what cez are after...
So I get from this they can use 10% + 15% issue of equity so you are right its over 20% however it still will not give CEZ an immediate controlling share of the company thankfully...
cell 6i gives you the maximum share issue now available to emh... under rule 7.1 (15%) and rule 7.1A (10%)... for issue without any further shareholders approval... https://www.asx.com.au/asxpdf/20190719/pdf/446r7z30kcynnb.pdf ...
it’s resolution 3...
I dont see where this is in the AGM minutes and it matters because having a former communist government with a majority interest in the share could be an issue...
shareholder approval already granted at the last agm...
https://www.asx.com.au/asxpdf/20181130/pdf/440v4kn6l1k2sn.pdf ... what does it matter...
Major shareholding but not more than 20% without shareholder approval - fact...
Howard Klein tweet
Unclear there’ll be enough #lithium #battery #materials @CathieDWood to support such growth. Will @elonmusk & $TSLA “get into mining” as hinted at AGM? Chemical/mining biz tends NOT to grow exponentially. Billions of additional investment need, else shortages by 2023/4
Tesla Giga getting closer....
https://electrek.co/2019/07/26/tesla-factory-europe/amp/?__twitter_impression=true
Personally I have always thought that KC didn't have a plan beyond proving up EMH assets and selling them on. Babis got in the way of that, and has turned it to his country's advantage. Obviously I wasn't welcome on EMH Board with that view. I will be very happy to see my 35p average reached, but very surprised.