Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Silly BOT trades of a few quid at wonky prices distort the market and make it more difficult for ordinary investors/traders for sure. Bloody nuisance.
Very interesting can you point to further reading. I thought those single trades were pointers to direction not a controlling thing. So they put this low sale on book to freeze price and wait for bit of volume to uplift the spring. Just a case of timeing then???
Here is auction trade by bot on ASX : sell 3 shares at $1.210 last sale was $1.34 , this sell order is almost breaching our 10% rule beyond market , Humans would not be able to place this type of order . The bot also has been known to breach that 10 % rule , there would not be a broker in this country that would accept such ordr to maintain an orderly market , yet ACCC and ASIC accept the bots behaviour becaus ethey have no teeth or gumption to act , . Wait until I can establish a class action , then they will listen .
" What evidence is there of this Aussie Bot? " Don't start me on this question Seren . I have spent considerable time and effort on behalf of the share holders here to bring both AISC ( Australian Secuities and Investment Commission ) and ACCC our consumer watch dog to account for : Unconsionable Conduct , Abusive Market Powers and Preditory Behaviour predicated by the bot . . You are as bad as these authorities if you cant see for your self that the bot trades , here , London and USA manipulating our price for the sole purpose of high frequency trading . What do you think are all these single figure share trades are .
What evidence is there of this Aussie Bot?
The SP is languishing because we have no recent news, and an AIM share needs a steady flow of news otherwise PIs get bored and go rainbow chasing elsewhere.
Last material update was 13th October.
Where is the shortly period over for this:
“we expect to shortly provide a market update covering the additional benefits of a mine backfill study and a revised PFS which updates the project economics and value of the Project."
Lithium spot USD $38,852.78 thats $53, 861.57 AUD and aprox $3,861 aud cost . 100 k lithium production = $5 billion Profit divide by half = $14.53 aud profit a share . What sort of PE should we apply 10 ?
And our share price languishes because of the BOT , this bot of ours in Australia aint got a bright artificial intelligence I must say .
Trade wars over batteries may emerge in Europe. Serbia is not the only European country with unexploited lithium; the Czech Republic also has large deposits near its border with Germany.
This lithium has never been mined, but its extraction is likely to start soon, and Czech lithium mines are seen as a great hope for the EU’s battery industry.
https://www.euronews.com/2021/12/22/battery-wars-serbian-climate-protests-were-just-the-beginning-view
Hot on the heels of negative news from Serbia, RT have made a move in South America. Looks like things are gathering pace….
https://www.riotinto.com/news/releases/2021/Rio-Tinto-to-acquire-Rincon-Mining-lithium-project
I have just read that it has been confirmed that the Chinese have taken control of BCN. I think that might add further value to EMH.
The recent news was welcomed inline perfectly....if Czech are really turning west then they (like the whole world) have to adopt EV - and what a great present that will be to the European Union....to open up Cinovec to help reach the EU goals.....ducks ducks ducks
It’s either political posturing to the EU to stump up cash for new infrastructure or it’s been misquoted. I thought the phasing out of IC engines was for new vehicles not ones already built.
It seems a crazy article and akin to the Saudis arguing in the 1920’s that they were against this newfangled tech that runs on gasoline because it would decimate their camel trade…..
They are doing. There's possibly two battery factories in the pipeline. Refining capability would be a great idea. As it is, a Canadian company are setting up operations in Europe... they shouldn't have to. Then there's the manganese that the CR has....
The CR could build refining plants and battery factories to allay their reliance on automotive production.
And if you missed it first time round Rodney Hooper's research report on EMH is at:
https://www.europeanmet.com/research-reports/
https://www.europeanmet.com/wp-content/uploads/EMH-Feb-Report-2021-FD.pdf
===[
European / UK regulations are yet to be reflected in the EMH share price. Several catalysts should rerate EMH relative to its European and US peers. Based on current lithium peer fully funded EV/EBITDA valuations, we have a fair value price range of A$2.91 – A$3.49/share over the next 12 months.
Longer-term we believe EMH's 49% stake should trade on a 10x EV/EBITDA multiple once steady-state production is achieved from 2025. This equates to a A$4.67/share price with a "blue sky" upside assuming 50ktpa of production long-term of A$7.64/share.
]===
Lithium prices have increased significantly since this report :-)
Agreed - it won't affect Cinovec but is interesting to see the new government's positioning.
If you missed it, Rodney Hooper's view on upcoming Cinovec news: https://mobile.twitter.com/PanDan02216285/status/1470722547125833730
I cant see Cinovec being affected by this as the rest of the world AND the Czech ARE going to move to EVs but the Czech Government have a high reliance on the Motor industry ( combustion engines) Their move away from it COULD leave them in a worse posistion I understamd why they are attempting to slow this up but Iam confident that this wont happen , Czech republic will embrace the EV market too , having Cinovec and Gigafactories ,with investment from CEZ 70% Governement owned ~(old regime I know ,)but im sure they wont interfere with what VW and anyone else who wishes to buils any kind orf vehicle in their country, maybe an attempt to pacify those who cant change or see change happening for the good and not the bad .most of the world are following this line ,the convesrion from Combustion engines to Electric.
ps any news yet!!!!?
Whatever politicking they do, VW are hardly going to change their plans for Skoda exclusively for the CR.
https://www.politico.eu/article/czech-prime-minister-petr-fiala-prague-jan-lipavsky/
Background viewing for anyone interested, GALP is mentioned a few times along with Northvolt, VW and Freyr
https://www.youtube.com/watch?v=Xc3mTLVjK68&ab_channel=RockStockChannel
Encouraging U.S volume:
119k against an average of 17k and 78k against an average of 62k
those VW /CEZ etc Giga factory dissussions should be able to progress now too, post Christmas New year id have thought on those starting or re starting IMO of course
Czech government has been sworn in: https://www.theguardian.com/world/2021/dec/17/czech-republic-new-government-sworn-in-petr-fiala
I give it 3-4 weeks for the PFS to be released to get it on the new government's agenda...
It’d be nicer if the share price was measure in pounds not pence still…