London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
And next time make sure you understand what you read, I said this by itself, meaning the EIA can take up to 12 months from where we are at the moment. I didn't give any timelines. Which part of the "it may take up to" you don't understand? Did I give an exact date? My opinion is that "it may take". This means that I speculate. I didn't say I know for sure it will take 13 months, I said it may take up to 12 months. You are getting old mate and you need probably a refresher on the English language.
I never said I did. I always said that's my opinion. It looks like you have that crystal ball that I was looking for. Only that it might have been a bit blurry when you were screaming last year that an offtake is coming in the next couple of months. That you know because you talk with KC. Tesla, VW and Northvolt were all lining up and you were trying to discredit everyone else that had a different opinion. Keep looking at that crystal ball of yours. You know everything only that you have failed too in everything that you have said so far exactly alike KC 's timelines.
sorry did you say this on HC tsibis " Nah mate, it's a guestimate of course. I don't claim mine to be correct, I don't have a crystal ball. " so full of ????? , so don't tell every one as though you do have a crystal ball .
Europe is heading for a serious energy situation. Listen to the politicians, this is an emergency. WE must extract and refine lithium in Europe immediately for the sake of our own energy security. The food security situation is just as serious an issue.
24.000 seller selling more shares ,in addition to number sold recent days .
Also I hope you understand that even a small insignificant never heard before group of tree huggers could object some parts of the EIA and bring the project to a standstill. Unless you have bribed every single one of them.....
My statement/guess is based on reality and previously missed timelines. I wasn't the one that last year was saying with certainty that an offtake was imminent in the next couple of months, mentioning Tesla, WV and Northvolt. I was the one that actually was saying don't expect any offtakes. So who was detached from reality? Is enough to go a few years back and listen to KC 's interviews and the timelines that he was outlining to clearly understand that it was all wishful thinking. Every single timeline has failed.
Jiff, thanks for the link. I fast forward the interview to the 6 month question assuming that the previous bits were a rehash of what we have heard in previous interviews . Obs , thanks for the transcript. Is it then even money we get an offtake agreement signed in the next six months or do we wait a bit longer ?
I transcripted the last section:
https://www.reddit.com/r/CadenceMinerals/comments/ta3p37/comment/hzybch9/
https://youtu.be/WCu8tifOjWk?t=339
===[
Keith, what's the 6 month pipeline looking like for European Metals Group?
So in terms of our news flow we usually break this into two categories. Firstly we have our Definitive Feasibility Study running which will conclude later this year and so from time to time we'll have updates about how that process is tracking - various test work that we'll do: lock cycle test work; pilot plant work, etc etc, but above and beyond that it's the strategic and corporate sort of activities that we're embarking on. Our key plan: we need to get this project funded and have that funding equation sorted by the end of the year so that involves discussions with European banks with European grant schemes, but also with off-takers. For a lithium project in order to get funded you need to have bankable off-take. As the market has moved in our favour in the last 6 to 12 months, those off-take discussions are improving and it's a key area for us over the next 6 months as well.
]===
A guess by you , in your mind , is also interpretted as a Fact in your mind tsibis , so who then is actually detached from reality ? " This by itself can take up to 12 months from where we are. " your comment , you have no facts to support your statement and have no idea how this EIA will pan out in reality nor have you any idea where we are at the moment . So seriously your statement /guess is irrelevant .
As I said, we don't even have EIA approval. This by itself can take up to 12 months from where we are. And let me make that clear, in the case that there are no objections by anyone along the path. Still some people here are detached from reality.
?Production in 2024 seems all the eyes and dots have been mostly been done or expected to be done in the existing time frame , Dec 2024 is only 33 months away and I expect the build to be at least 24 months so all the dots and eyes in next nine months including that illusive offtake in next six months . But I thinks they will be earlier than that .
Lol, production in 2024?
Add another two years to that and maybe. I feel optimistic.
Found this today. KC states Production in 2024 and offtake discussions happening, looking to secure in next 6 months.
https://www.marketindex.com.au/news/european-metals-holdings-asx-emh-expects-continued-strength-for-lithium
DFS 2023 imo. The focus in Europe is EIA and social acceptance, this is evident with EU backed schemes, certification of raw materials, battery regulations etc.
You can punt out revised PFS all day long with updated figures but it isn't worth anything without environmental license. This is why Maros Sefcovic/EBA is calling for streamlined permitting.
Concerning at any share when lack of communication .
i've been holding a similar length of time, and irrespective of grudges about lack of communication/timescales etc. it has gone up significantly, has it not?
Lithium prices are likely to remain high for some time, and the pressure on moving away from reliance on O&G is only going to further this
Ante have you lost it mate? Talks of a buyout before the 51% making the official announcement if their intention to mine? So you want to tell us that someone wants to become a minority partner with someone without knowing if that someone will go ahead with mining. Does it make sense to you? Unless you mean a buyout from CEZ.
And in your right mind do you think anyone would sell before the release of the DFS?
You people should stop trying to find excuses for the lack of communication here. I've been six years with EMH. It's been so since day one. Communication to the shareholders has been always been non existent.
Nickel just flew over $100.000 USD per tonne. Lithium and Tin will be next. Sadly we are at least three years behind schedule. These prices won't be here to stay for ever. The ones producing already are the ones that are making some crazy profits right now
Have you seen what's happening to the tin price, of which we have many, many tons?
https://markets.businessinsider.com/commodities/tin-price?op=1
Maybe the lack of marketing/awareness is due to talks taking place regarding a buyout.
Its evidently frustrating being a share holder here for some time, for those of us that check here daily we always want to see the big news.
But we all must exercise some patience, it is coming, its inevitable and we will be very happy when it does.
DFS will really push the time frame for movements.
HOLD THE LINE :)
Maybe the lack of marketing/awareness for the project is a sign that KC has no concern with funding and will use other means (EU grants?) to fund to production...
Regardless, a DFS progress update/timeline wouldn't be a bad thing! Starting to wonder if the updated PFS was to buy them more time.
We must be close to the decision from VW on the Czech gigafactory - I recall them saying they'll have a decision in 6months in Q4 21.
Personally I will be surprised if we get the DFS in 2022.
I agree, I'm only monitoring lithium prices and EV sales in Europe. Last week 75% of new cars reviewed in Auto express had some form of lithium. Onwards and upwards.