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For who long have we been saying this Fingers !!!!
The Chinese are already through the back door and have been for a while whilst EU postulate !!
(x-Bob Minor now Triples ;-))
Just a thought though. Tesla could be trying to get more assistance from say Germany or Czech rep for more Financial incentives by talking with the French? a bidding war ??? but I dont mind who it is as long as they a shift on!
In this scenario, miners would be the big winners: million-dollar deals with car companies ensure them huge profits and make it easy for them to borrow money or sell shares.
“I don’t think it’s a risky strategy. I think it’s a necessary strategy.”
https://nationworldnews.com/automotive-companies-negotiate-directly-with-mining-companies-to-obtain-lithium/
France upbeat on attracting major Tesla investment - finance minister says
https://auto.economictimes.indiatimes.com/news/industry/france-upbeat-on-attracting-major-tesla-investment-finance-minister-says/101622474?utm_source=Mailer&utm_medium=newsletter&utm_campaign=etauto_news_2023-07-10&dt=2023-07-10&em=cmhvbG1lczIwMTBAZ21haWwuY29t
And where will their lithium come from , stay tuned on this one ?
Chinese storm' looming over Europe's EV sector, Renault chairman warns
https://europe.autonews.com/automakers/chinese-storm-looming-over-europes-ev-sector-renault-chairman-warns
They will eventually be fighting over our Lithium in Europe .
Stellantis CEO: Global Lithium Supply ‘May Not Be Enough’ for Electric Car Revolution Ha what have I been tellin ya .
Quite comprehensive remarks from the Czech p.m. the project IS going to happen think all the years of heel dragging on permits is coming to an end.
At Cínovec, we are preparing a project for mining and processing lithium – a strategic raw material for the future of energy and transport in the Czech Republic. The project will bring thousands of jobs not only to the Ústí Region. See what the deputy chairman of the CEZ board of directors has to say about him
@pcyrani
:
https://twitter.com/SkupinaCEZ/status/1659194432443547648
More articles like that Happy , will eventually attract the investors from all around the world . Dont know what happen yesterday we were trading 37 p with a bot sell on close dropping it 7.2 % with 1 share and 101 share sell order . Seems the bot has filled the sell order side today all the way down fro .695 to 61 cents . Criminal these bots . There is no human selling here .
Nice read on the link there Fingers.
They’re telegraphing it’s a ‘very strong buy’ & we all need to have faith & patience now.
2023 will be the year.
The EU will be moving mountains to get permitting etc agreed, then once that cake is baked the DFS is the icing on top.
GLA
EU plan to source local raw materials will boost mining, battery industries in CEE – CET analysis
The Czech lithium deposit is especially important because it is now considered the largest in Europe.
https://centraleuropeantimes.com/2023/04/eu-law-to-source-raw-materials-locally-will-boost-cee-mining-battery-industries-cet-analysis/
Australian miner to trial world’s first electric “triple” road train with swappable battery
https://thedriven.io/2023/04/18/australian-miner-to-trial-worlds-first-electric-triple-road-train-with-swappable-battery/
we surely must have some news coming with all the digging going on .give us a shovel and we dig it out ourselves.self service mining like the News .....
With compliments from Chuxa on HC
https://hotcopper.com.au/threads/not-gunna-be-enough-lithium.4689737/page-1002?post_id=67315691
Shell launches its first electric ferry at Singapore plant
https://auto.economictimes.indiatimes.com/news/industry/shell-launches-its-first-electric-ferry-at-singapore-plant/99551316?utm_source=Mailer&utm_medium=newsletter&utm_campaign=etauto_news_2023-04-18&dt=2023-04-18&em=cmhvbG1lczIwMTBAZ21haWwuY29t
An effectively pointless law as there won't be any passenger cars being sold with fossil fuel engines at that point.
EU lawmakers approve effective 2035 ban on new fossil fuel cars
https://auto.economictimes.indiatimes.com/news/industry/eu-lawmakers-approve-effective-2035-ban-on-new-fossil-fuel-cars/97938771?utm_source=Mailer&utm_medium=newsletter&utm_campaign=etauto_news_2023-02-16&dt=2023-02-16&em=cmhvbG1lczIwMTBAZ21haWwuY29t
Could that LG article be nuber 10 on my acrretive list : 10, Cez announce partner and announce a Gig Factory ( JV with a Korean Player maybe ) .
LG Chem says it is prioritising prioritising efforts to secure raw materials .
https://stockhead.com.au/resources/eye-on-lithium-securing-raw-material-is-more-important-than-the-price-battery-giant-lg-chem-is-desperate-for-ev-metals/
Indeed Blonde - the fluctuations in lithium tonnage prices must play havoc with an agreed NPV for the project. Financing must also be difficult for the same reason. But someone at some stage is going to have to say - yep lets go with that as a tonnage price. A higher number can only be better for the financier and the recipient surely ? or is that naïve ?
Worth adding also that's it's not a traditional 'discovery to mining' situation. The mine is well known. The product and processing are different, but what's there has a very real value. Increasingly so, which is part of the problem IMO
Jonesy64
Hi, my comment to Blonde-ad was a litte tongue in cheek, and I am hoping for 2025, but with a little slippage 4 years could be the case.
Regarding ZNWD, it may well turn out you made the right decision, I'm just waiting a bit longer to get a better indication of what may happen in the next few years, tbh I don't think much will happen for a couple of years but I'm trying to look beyond that horizon.
As you will know I am already in EMH, but yet to commit any substantial money, holding only a little over £2k of stock, while I monitor it.
I'm watching SAV but have similar concerns to yourself.
The other two lithium stocks I hold might actually be about to produce in the next 12 to 18 months, but they are not there yet, and as the saying goes 'there's many a slip twixt cup and lip'
Paul2566
I've read you comments on the ZNWD BB. I have sold up my allocation there for a number of reasons (the deep end of the ore body for a start). They are nowhere near as advanced as EMH. Whilst many of us agonise over the slow proceedings on this BB we are governed by EU and single country bureaucracy which is not experienced in N. America or Australia as stated by KC.
I also have a few shares in SAV, though I think this has less of a chance than EMH due mainly to its ESG credentials (open pit) in a non-mining area.
https://www.mpo.cz/assets/cz/stavebnictvi-a-suroviny/surovinova-politika/vyzvy-seminare-a-informace-ze-sveta-nerostnych-surovin/2022/9/06-Pavel-Cyrani-CEZ.pdf
I refer you to this. It states 2026 production. IMHO it could be 2025 depending on how quickly they can / want to speed matters up.
Does anybody with better knowledge than me think which one of mining permit, acquired finance, DFS will have the greater impact on the SP?. OR will the CEZ "final decision" be the one...I think its this. I'm sure I've read somewhere when this was ? can anybody remember??
Blonde-ad
'after 6 six years of not a lot of progress, patience is starting to wear a little thin. I wonder how much longer is reasonable to give this.. another 6?!'
About another 4 years, nearly there ;)
From discovery to production on average is 10 to 16 years, given the demand/need I'm betting on around 10 years max.
I just hope to get a permit to mine, some funding to mine, or a customer to sell muned product to before the end of the year.