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I have read on this board many times that this is expected this month, but having listened to a previous KC interview he has said by Q2, so really I am looking at June.
I have also read elsewhere that the grant has already been priced in, do you think it has?
I am not sure the SP will re-rate on confirmation of the grant, if you think so tell us why.
Good Morning.
There are no guarantees of a grant being given to EMH or Geomet. I'd start by having conversations discussing 'IF' and not 'When'
I prefer to live in positivity, it has served me very well in life.
I am sticking with When đ
Thanks for your "contribution ".
Morning!
https://opst.cz/tiskova-zprava/11
In the ĂstĂ Region, apart from the Transformation Center , the project S YNERGYS â systems for energy synergy and RUR â University Region, University of the Region , which have already passed the selection committee, are farthest in the evaluation . Another 2 projects, the Implementation of hydrogen mobility in the city of ĂstĂ nad Labem and the GET center of UJEP, were discussed at the RSK of the ĂstĂ Region on Wednesday, April 24, and received a recommendation to be forwarded to the selection committee of the MoE. The remaining projects ( Animation for fair transformation, Lithium mining at CĂnovec and H2 Triangle ) will go through the Regional Standing Conference already in May. Details about the projects being prepared in the ĂstĂ Region are available here.
https://www.rskuk.cz/wp-content/uploads/7_RSK-ULK_OPST_20240424.pdf
Page 6
SUBMISSION OF APPLICATION - yes
INTER-DEPARTMENTAL EXPERT GROUP - yes
RSK - 15th May
Then if passed, selection committee.
Interesting perspective. How did that positivity work out with the Q4 2023 DFS?
Huh!
I wasn't invested in 2023.
Nice try, you must do better.
đ¤Ł. Maybe you're positivity is getting in the way of you understanding the point of my comment. If someone invested in EMH last summer because they were "positive" about the DFS timeline then their positively wouldn't have helped them. Is someone invested in EMH this Q1 based on their positivity of a Q1 DFS, this wouldn't have helped them either .....
And FYI, these aren't isolated cases. It's a well founded pattern with EMH that the things they say will happen never do.
Thanks for posting NikNaks. I will be reading that tonight.
Looking at this from 9th May 2024, someone has already received their grant...
OFFALYEXPRESS > LOCAL NEWS
KDA thrilled to receive âŹ294,056 EU Just Transition Grant.
Grant will enable the establishment of a Renewable Energy Centre of Excellence
Reporter09 May 2024 10:25 AM
KILCORMAC Development Association (KDA) is thrilled to announce the successful grant application to the EU Just Transition fund, receiving a significant award of âŹ294,056. This funding marks a major milestone in the transformation of Kilcormac into a pioneering hub for sustainable energy practices through the newly established Kilcormac Renewable Energy Centre of Excellence.
~~~~~~~~~~~~
We could get ours this week, this month then.
Exciting times.
Https://youtu.be/oGm5QW2Dk_M?si=NcOsVw0ev2Cq7GP5
Last Refrence to the 49mil euro Grant in the interview above - that they have been pre approved and that the money will become avaliable to them in May.
https://youtu.be/3Tl6Q4-5EOo?si=kLIt1HsUnp_sAA1E
In this one and another keith says they have recieved a 49million euro grant.
There âŹ1.6bn for the Czech Republic and âŹ650 for the Usti region.
"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."
Have a good day all - closer and closer to news on multiple fronts with nothing priced in - and the new site set to help expidite the project
Show me in EMH financial report the revenue from the grant.
From the end of July youâll see itâŚ.
Why do you want to see evidence of the grant? You're not even invested in the Company.
Didnât realise you couldnât post here if you donât hold. Where is that rule written?
I absolutely want to see evidence given the âdifficultâ track record.
EMH very comfortable about Future and time lines .
DFS time line known in 2 weeks to a month .
All changes to DFS are very favorable .
All new changes to DFS and site will shorten all permitting , build and production time lines .
Geomet to lease site from CEZ .
Three block rights ( cost $10 mil ) will be closed out for old idea , one block will remain , expected a return of aprox 10 mil paid capital , to Geomet which was loaned by EMH .
Restacking tailings will still happen with return rail carts of minimum 35% not sure where the balance 65 % goes , but maybe good road base .
Just fund 1st hurdle to be announced this month . Will be aproved by JASPER ( don't who this is ) one month later aproval from Regional area , and one month later by Federal Gov , time line to funds in bank July .
Still looking at Offtake B4 DFS and possibly 2 from EU based Companies . My guess LG and CEZ
Permits are broken into 2 categories Processing and Mining , Processing is a new application for new site , Mining has been acccepted some time ago , but both need to be applied for at same time and can only officialy be done after DFS but well infront of time curve .
We tick all boxes to ERBD which we report on monthly basis .
Both EIB and ERBD will fund project ( probably 75% as i have stated B4 )
Apparently normal now to get financial assistance with offtake partner .ie some prepaid or equity deal in Geomet .
Geomet not sure at this stage , what percentage of production will be locked up with a floor and ceiling with offtakes . ( great in my terms )
Cash flow : EMH have enough til DFS , ie no cap raise until FID . EMH currently have $5 mil in bank .
Geomet revising budget but expect Just fund in July , so plenty there too , with a property refund as well .
CEZ not allowed take over at all until construction decision , if dead lock , it goes to independant evaluation .
Catalysts , Macro , EU just very slow but is happening both EU and in country .
Micro , What is DFS , what is increased production , KC hinted a five in front of tonnes , thouth he was being conservative , probaly the 60 k tonnes already mentioned in past .
Be prepared for possible increase of both Capex and opex , our numbers 3 years old .
it has become normal now for offtakers to provide finance assistance , all Europe will be buying our Lithium .
Total length of permitting Period only after DFS , CRMA will assist no end .
Howard , reiterated at very start about broker valuation and particularly Ireland's , are 4 to 6 times current Market Cap ie in the $2 ( two dollars mark ) aud ( one pound above mark ) .
Very good exciting times in next few months , the new site had been included in current DFS for three months already . A couple of site visits will need to tweak the DFS .
Very right Greenmachine .
Nope. Itâs a goner imo.
Looks like you covered everything fingers đ. Well done
Everything might be positive about the DFS apart from the fact it still doesn't exist 7 months after it was supposed to be released to the market.
With regards to the revising of the DFS (WHICH DOESNT EXIST) shortening permitting timelines. IF the DFS is delayed by 1 year, and the permitting is shortened by 6 months, then the permitting takes 6 months longer with a revised DFS. Since there is no DFS and no timeline as to when there will be, There is no way anyone can say its gonna speed up permitting.
This is just marketing BS. Think with your brain guys.
IF yer maw had baws sheâd be yer father. Try harderâŚâŚ
Skelly seems to think that something only exists when it is published. At that point it just IS, like the Big Bang, and prior to that singularity there is nothing.
There seems to be a prerequisite to thinking with your brain. I wonder if he can work out what it is?
I don't need to try harder because I'm pointing out fingers statements are based on IFs. Lol
He's the one stating hypothetical scenarios as being facts. I'm pointing out how they aren't.....
Lol Phil. Are you saying the DFS is complete and only fingers as access to it? Wow. I guess we should just eat up everything he says without any critical thinking.
JASPERs is Joint Assistance to Support Projects in European Regions.
"JASPERS, a partnership funded by the European Commission and the European Investment Bank, advices on strategies and projects that contribute to a greener, more connected, and more innovative Europe. Our support help beneficiaries align their projects with the highest EU standards, improving their chances of securing EU funding."
The DFS is a work in progress in an advanced stage. Circumstances have affected its finalisation.
But why does it bother you so much as you're not invested in EMH?