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Ahh the daily resident gloom n doom gang has arrived early this morning, chillax š
Apologies AMTE
I hope no one listened to the ramping for AMPE.
No news - incessant ramping to drag the punters in but the SP is falling back on no news and another year in he wilderness.
BCN.
This is holding up so well. Any little bits if weakness have been snapped up for the whole of April. I expecting 30p plus before next news.. and that might not be far away
Been well before the daily drivel.
70% government owned CEZ*
49mil million current valuation*
Hi all, hope everyone's well
For me, in the last 2 RNSs we had confirmation the company has cash for at least 12 the next months - Final investment decision comes after DFS) which is being Finalised... And the big one is we have local and regional government support - this is massive for EMH
The Grant only gets closer - aswell as the CMRA announcing the strategic mining projects.
The Grant I have keith saying twice they have received it
https://youtu.be/3Tl6Q4-5EOo?si=YW91Dtx6qAlOvPuU
3.33
https://youtu.be/QeLlbp1vzI8?si=CBcLhkYE9bJvGHP7
4.56
Czech Republic is coal+ region. It's EMH but it's 79% gov CEZ recieving a non dilutive cash grant to help support there phase away from coal into clean jobs - and building a major mine that will support the country and government building the economy.
And strategic Status - Cinovec is the largest lithium deposit in Europe - throw the 8bn gigafactory into the mix..
Strong buy hold while equal value to the Grant and half the banks price and no signs of red lights coming before all the greens over May June and then beyond.
Sikela also revealed in November that Czechia is in discussion with five other potential EV plant investors āfrom other continentsā. Fiala said, āthe gigafactory project is a strategic government priority, and it is in our interest to have the entire chain from lithium mining through the gigafactory, i.e. battery production, to the final products in Czechia.ā
Jan LosenickĆ½, Mayor of KadaÅ, added: "We welcome the plan of ÄEZ and Geomet to build a lithium plant in PrunĆ©Åov. People from our town who currently work in coal-fired power plants or mines, but which will be gradually downsized and closed, could find employment in the processing plant. The investor has promised to invest in the training and retraining of current employees so that they can be employed in the new sophisticated plant. We are glad that ÄEZ will not leave the region with the end of coal but will remain one of the largest investors and employers in the region, also thanks to the lithium park project.
The European investment bank is smarter and more successful the bashers who waste there time - there better of just buying and pointing t out the dots - I'm investing in Cinovec when it worth 40 mil with a low risk path to producing 100s of million a year profit in 2026 from 30,000 tpa and hearing more about the increase to 60,000. Buy hold sit back imho
Night
Until the decision was final, Geomet must have continued with the original site. I'm just saying, Q1 was a lie. KC must have been pretty sure it won't come when that came out.
Not really, because if DRA already worked with that, KC is due for handcuffs, without exaggeration.
' the site change decision must have been in the works for much longer than last December'
Thanks ghin, you have helped in making my point of DFS in Q2.....š
Also, yet another new handle, Patient1. It's far you again, fingers? :)
Except, the CEO is a serial liar on record. I'm not going back to the ominous 'inking' of offtakes years ago, always just a few months out, until the story changed as people can argue about that (in isolation, not as a pattern with regards to everything else he has lied about - the best defence then is total incompetence, which isn't great, right?).
No, let's just go back to the last couple of DFS delays, with the December announcement titled 'DFS release in Q1'. The CEO must have been in full knowledge that was not going to happen, the site change decision must have been in the works for much longer than last December.
In response to @daveri007 post 15:15: The problem with directors informing the market when the DFS is expected or anticipated is that it becomes a deadline or a promise in some eyes, with the result that if for any reason it is not met, the CEO is lambasted with insults and accused of being a serial liar. I can understand the frustration that this investment is taking a long time to come to fruition and I imagine that the board are just as disappointed as many investors are. However, the reasons for investing now are just as valid as they were several years ago and I have full confidence in Mr C and believe that he and the board have steered the company well through a very difficult investment environment. If I didn't believe this I would not still be invested here.
Q2 for me....CONTINGENCY work would have already been done for their second choice location (and raw material transport). Come on, it's not as if they did not have plenty time to cover all eventualities....š
But of course CEZ donāt care about EMH share price so who knows.
KFC (aka the caretaker) has no control here ā¦but should lithium prices skyrocket- we all know the DFS/FID will follow very quickly!
Saving grace ā¦at least dilution has been managed very well- a big tick-up for Mr KFC!
Why should shareholders have to speculate on when the DFS is going to be released - the directors need to inform the market when itās expected!
Having said that no one trusts KFC ā¦hopefully CEZ will announce very soon
SO you are linked to market reporting? I think not. Sun is out and that gate needs leaning on.
I guess you should ask that question to every person associated with written or televised financial market reporting. Sharealot. That's a lot of sad lads
I'm in agreement with Happy but it's totally just a guess
They have already been working towards the new facility hence the delay, so they are not re-doing it
End of Q3, or Q4.
Moving a facility is a large amount of reshuffle & work for project planning.
DFS will be issued this month, May 2024, they said it's almost there so should be in the next few weeks
So who amongst us is going to say when the DFS will be issued?
We all like speculating, so come onā¦
Iāll go for Q2 2025. (After a prediction that statements are to come that will suggest Q4 this year and Q1 next.)
Maybe Iāll be surprised and it will be in time for the EU CRMA time frame posted earlier.
Why would a non-share holder worry about a share at all, @Skelly85. AKA (SAD LAD)