Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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Come on Skelly, Genuinely wondering what has gone so wrong with you that you have to pick at everything and everyone on this board.
Happy, it's also possible to just explain t9 others in the board that if they right click on their Web browser and click on the "translate" option they can read it in English. Alternatively, on their phone tap the three dots in the top right and do the same. Assuming you use chrome and android.
So 25,000 tons Li confirmed
No DFS complete
Sites moving which will bump up transport / operations costs
Part 3 (google translate)
…
There is still no feasibility study
The mining of lithium itself is to take place in Cínovec, in the locality of Sedmihůrky. It will be deep. On the surface, there will be an entrance to the mine with an area of approximately 22 hectares, which will provide safety and technological service for the operation of the mine.
Logging will be carried out in large chambers at a depth of 150 to 450 meters below the surface using explosives. The excavated rock is crushed in the mine and transported to the surface by a belt conveyor. ČEZ and Geomet plan to extract over two million tons of ore annually, from which approximately 25,000 tons of lithium will be produced.
ČEZ and Geomet are now preparing a so-called feasibility study for mining. It was supposed to be finished by the end of 2023, but it needs to be completely redesigned. After all, the race in Újezdeček was also covered in it. The method of transporting the ore from the mining site to Újezdeček is still not resolved, the plan is a cable car or belt conveyor.
In Prunéřov, the processing plant should stand on the site of the former lignite power plant.
Part 2 (Google translate)
…It's a turning point. For years, representatives of Geomet claimed that they carefully selected Újezdeček from 21 locations and "there was no other way". So today they turned.
"Prunéřov was also in the game during the first assessment, it's always a final decision about some optimum of costs and acceptability, what is possible to implement," added Štěpánek.
According to the miners' estimate, there should be around 60 trains per week from the Ore Mountains to Prunéřov in Chomutovska. "I don't think that the number of trains would be so high that it would dramatically burden the neighborhood or the railway as such," says Štěpánek.
"It's a small victory for us. We will certainly still deal with water protection, but that is already one of the details," responded the governor of the Ústí Region, Jan Schiller (ANO), who was among the critics of the plan to process ore in Újezdeček. "I also want to initiate negotiations with the Ministries of Industry and Education so that we can agree on whether we should already create any work or study fields in order to prepare technicians and not to import workers from elsewhere," he added.
There is still no feasibility study
The mining of lithium itself is to take place in Cínovec, in the locality of Sedmihůrky. It will be deep. On the surface, there will be an entrance to the mine with an area of approximately 22 hectares, which will provide safety and technological service for the operation of the mine.
Seems like a highly price sensitive piece of information that should have been shared in an RNS.
Part 1 (google translate)
The people won. Lithium will probably be processed in Chomutovska, not near Teplice
The people who protested against lithium processing in the Újezdeček location near Košťany in Teplicka won. Mining company Geomet announced today that the planned plant will not be here. The ore mined in the Ore Mountains is to be taken by trains to Prunéřov in the Chomutovsk region.
It seems that the miners have begun to listen to the concerns of the residents of the Ústí Region, who have been protesting against lithium processing for about two years. In Újezdeček, at a place called Dukla, where the processing plant was supposed to be, according to the latest decision of the miners, there will only be a transfer station, the mined ore will be loaded onto wagons here. The plant was supposed to be in the immediate vicinity of family houses, and further construction is planned on the site.
We took very seriously the objections voiced by the mayors, the governor and members of the regional council that the whole project significantly interferes with the lives of people in Újezdeček and the settlement of Dukla. We were looking for another location that would allow us to implement the project. We researched many of them, and in the end it turned out to be the most acceptable and economically meaningful location in Prunéřov. We plan to move both the mechanical processing of mined ore and the chemical part of lithium preparation here," said Ladislav Štěpánek, chairman of the board of directors of Geomet, which owns 51 percent of the semi-state ČEZ.
The processing plant will be in Prunéřov.
https://www.idnes.cz/usti/zpravy/lithium-tezba-zpracovani-ujezdecek-prunerov-cez.A240424_173841_usti-zpravy_grr
I assume this is also why DFS is delayed.
Https://www.cez.cz/webpublic/file/edee/2024/04/geomet_brozura.pdf
Blonde - some very sensible comments, and I would concur.
What about the DFS/Funding/Offtake news you told us was supposed to arrive last week wiseowl/wiseinvest/fingers/reversal?
Such a significant interview for those invested worth watching - specifically about the CMRA and what it means for European mining and EVs starting from May. The bank would have had no doubt the project is coming online when making the 6mil purchase, people buying at half of there price will do very well short, medium and long term.
https://youtu.be/Lre-QtKXIhc?si=ebuF00r_j1PZ-vQR
"Here I'm telling every Gigafactory promoter, every lithium-mine promoter - these are no regret projects - everything you produce will be used - because it will not be enough for what are the projected productions - we just need to help these businesses and project promoters to succeed." Macos Sevcovic from 22:11
Reminder - it's this guy and he's the main face pushing the CMRA https://twitter.com/CzechLithium/status/1750112472483135495?t=LXzpQMCFiAOPBhfqwCAMwA&s=19
Draw the dots - it's obvious what's coming if peole are able to see the research and facts without haven't to scroll through nonsense. The strategic projects are to ensure the EU has raw metrical self sufficiency - for lithium self suffiency, they can use the largest deposit in Europe... Good to see him above at Cinovec... Then his opinion on lithium mines...,
https://x.com/MarosSefcovic/status/1780687644663685580?t=7GFuDDf8RPcbRlCGN8XSfg&s=08
Tick tock - Atb, have a lovely evening all
Evening all - good day today, nicely building towards the news rich period
Strange BB obviously frequented by a group of bashers with a clear agenda.
Since I started posting here, iv only shared facts about the company and what's happening in Europe now and recently 1 post a day, and when I check in at the end of the day 20+ majority nothing to do with what's happen now, what's coming or the Asset. Soon the bashers won't have anything to say. Especially after a 49million euro grant!
The Just Transition fund was specially created to help countries of the EU to phase out from coal - specially coal+ regions, which the Czech Republic is one generating 40% of 2023s energy from coal. CEZ owns a large majority of the coal production and is phasing it out - CEZ being the state power company 70% government owned helps when recieving such things. They plan to use are tailings to rehabilitate the coal deposits which is good ESG for both CEZ and EMH. The only 11 companies the moneys going too.
https://youtu.be/3Tl6Q4-5EOo?si=YW91Dtx6qAlOvPuU listen in at 3.33
Over the next 5 years 25000 coal Jobs will be lost in Czechia, that can be replaced with 1000s from clean mining the countries lithium and magnamise deposits, alsos the expect 5 - 7 thousand jobs that can be created by this potiencal new 8bn Czech gigafactory offer currently being negotiated. Anyone think there would be a Gigafactory in country with the state power companies involment, EMHs partner CEZ. Czeck lithium in Czeck built battsries and cars.
Then the complaints about keith;
Does anyone seriously believe keith is to blame for the current delays, with CEZ as a major partner? Or do you think Europe as a whole has been slow, until now?
Times of maximum pessimism can be an an opportunity - we're bouncing off priced to fail at half the banks price and equal mcap to Grant ( you would think people would speak about this more instead of trying to cover it up) while things have never been more on our side for us to come online. The current price is an opportunity because of this, and research at the moment while there's FUD being spread is our edge. We was in the 30s in December - Others will be buying above the banks price after the grant or strategic status for the DFS, Offtake and FID that follows, then others after than to hold to production.
Every article I shared this morning were new from the last few days about the CMRA - as expected, more and more are coming out now leading up to May. Iv shared 3 separate interviews from the last 3 weeks on what May means for mining in Europe. All worth watching.
That much is true - timescales have consistently slipped, and there have been many things hinted at, which as yet have not materialised. How much was actually in KC’s control is questionable, but always better to under promise and over deliver, especially where shareholders are concerned.
All that said, we’re passing the tipping point for electrification, and evidence of that can be seen across Europe both at corporate and individual level. The mine therefore must happen, and I expect in time its output will be pushed as high as possible.
Will Emh still be involved then? Who knows, but it’s worth noting we’re currently below levels of the attempted Krupa(?) takeover of many years ago, with a much improved (and now proven process) to produce battery grade.
Perhaps this has always been waiting for the slow beast that is the EU to get its house in order before ‘pushing the button’ on the mine. Either way, I’m not going anywhere until something tangible happens, and if (when) it does, I expect we’ll go on a decent rally.
Can it be called an obsession to keep pointing out KC is untrustworthy, a liar and never achieves any milstones when he KEEPS LYING! It's not like I keep pointing out one lie from ten years ago. It was this time last year he said we'd have a DFS in six months. And then he kept pushing it back another month for another 7 months! And that's just referring to the DFS. The same thing has been continuously happening with other milestones like offtakes.
The only person responsible for your emotions Colin is yourself. Again, enough of the woke self entitlement
It's a better look from an ESG perspective which is more valuable than saving on tax IMO - Institutional investors would be less put off.
Mr C, my gripe is he's not even a shareholder and his sole purpose is to iritate shareholders. And it works
@cadellin. Not pick over the bones, but like you say us share holders. @Skelly85 is not and just repeats things daily. Why spend time on a board your have no financial interest in? Im just hoping Keith has not got a bunny!
But wise has told me he is an experienced investor so his posts are okay - LoL !!!!!
I have seen people banned on this boards quite a few times but so far I cant see why this would apply to what skelly says - being sceptic isnt grounds for banning someone - he states the truth KC has consistenetly not delivered things he's promised to deliver we are now on DFS failure #2 unless you've all forgotten !
Don't think it's so much with obsessed as Keith has lied time and again and let us as shareholders down .
I'm hoping for news at the end of the month but not holding my breath. ( But hope I'm wrong)
Wise reaffirms their echo chamber of hopium though so they won't confront him.
They are unwilling to have a discussion involving critical thinking.
Why? Seriously, he may go too far but the idiotic spamming of Wise x 2 is equally ridiculous.
If we all report trolls they will be banned