The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Nothing over 20% without shareholder approval of 75% vote. Australian rules. See fingers post on Emh board.
Mr Babis's tweet infers that the Czech State will have a majority shareholding in EMH. The RNS states that CEZ will have a major share in EMH. There is a very significant difference between those two positions. The general concensus on the EMH site is to go with the RNS. Also Australian law would apply and they seem to protect ASX companies to a degree.
all well & good but where are all the orders WW for Li for the next 30yrs !
Emh news Babbis tweet
If it turns out that the mining of lithium at Cínovec is promising, it will again be under state control ?? WITH @KarelHavlicek_ and @SkupinaCEZ we have agreed that CEZ is acquiring an option to purchase a majority stake in the Australian company EMH, which is a holder of rights to explore lithium mining through Geomet.
This I see more like it....
https://thedriven.io/2019/07/24/electric-vehicle-sales-to-surge-across-europe-with-2020-seen-as-new-tipping-point/amp/
Cadence news
Sweden seeks lithium tie-ups in South America amid ‘white gold’ rush – Reuters
By Harry Dacres-Dixon in Cadence Minerals (KDNC), News and Views on 25th July 2019.
LIMA (Reuters) – Sweden is turning its gaze towards Peru and other South American countries for lithium tie-ups amid a global race to lock in supply of the “white gold” metal that is key for the batteries that power electric vehicles.
A senior trade official from the Scandinavian nation told Reuters by phone that firms in Sweden – which is making a push in such batteries is home to global car brand Volvo – were looking for alliances with regional lithium and copper producers.
Governments and automakers around the world, with an eye on huge expected demand for electric cars, are looking to seal tie-ups for the light metal, including in the so-called “lithium triangle” centered on Chile, Bolivia and Argentina.
Peru – a major copper producer – is also looking to edge in on the action. Canada’s Plateau Energy Metals (PLU.V) last year announced the discovery of 2.5 million tons of high-grade lithium resources in the south of the country, with the potential to be the largest lithium mine in the world.
“What you see in Sweden, Germany, in many countries now is how we are going out to obtain the materials and minerals needed for the future of electrification,” Niklas Johansson, State Secretary to the Minister for Foreign Trade told Reuters.
“This is not only lithium, but also copper, which is very important in Peru.”
CHINA CONTROL
Johansson added that a major push by China in lithium was putting a spotlight on global supply. The Asian giant is making a major strategic drive to bolster its home-grown electric carmakers and battery manufacturers.
“If someone controls a lot, this is not good for (lithium) prices, it’s not good for the competition and it also becomes a safety issue and a safety supply problem,” he said, adding it was important for countries like Sweden to have a “range of supplies in different parts of the world”.
China produces nearly two-thirds of the world’s lithium-ion batteries, and controls the majority of lithium processing facilities globally, according to data from Benchmark Minerals Intelligence, which tracks lithium prices.
In the region, China’s Tianqi Lithium Corp (002466.SZ) has taken a major stake in Chilean miner SQM (SQMa.SN). Germany has also made a major push with a deal in Bolivia to help exploit the country’s huge largely untapped reserves.
Sweden’s home-grown auto industry includes Volvo cars, now controlled by Chinese auto giant Geely, and truck makers AB Volvo and Scania. Swedish firm Northvolt will start construction in August of a huge lithium-ion battery plant.
In copper, also needed for the electric revolution, Peru is the second largest producer in the world.
Johansson added Swedish firms were both interested in potential lithium supplies in the region, but also in helping develop the deposits.
Yea I'm sure you are right. I'm not sure it includes Lithium anyway but Amapa....there is a bit stockpiled there isn't there. I wish Benchmark has got the job rather than Fastmarket.
Just watching Keeping Faith....very good, feel we've all been doing that a tad to long here.....
My thoughts are it's slightly positive overall. Should go someway to keep a more level keel from the swings of up and downs of trading.
Which for SH's that's a good thing...I guess, but from someone who gets so much wrong, I suggest you take no notice and forget everything I've said.
Hope that helps.
Don't know whether this will help or hinder us ....
https://www.bloomberg.com/amp/news/articles/2019-07-23/lme-readies-rule-that-would-reveal-private-metal-stockpiles?__twitter_impression=true
Zinnwald feasibility study.
The study is 374 pages. On page 324 there is a projected cash flow and table of NPVs. The undiscounted NPV is 1559m euros and discounted at 8% the value is 428m euros.
Interesting history of Solarworld
https://en.m.wikipedia.org/wiki/SolarWorld
ZINNWALD NEWS OUT ON SEDAR
https://www.sedar.com/GetFile.do?lang=EN&docClass=24&issuerNo=00045238&issuerType=03&projectNo=02941806&docId=4558823
Ya...still in the game Barksy. Still holding out in hope of an upturn and checking in occasionally. Actually being on the game would get a better return....
Shocking to still be doen here though
I will end with I have no views on KDNC, either buy or sell.
Why? Amapa is the project they really need for $$ and if all goes well [no port accident like during the Anglo time], then it provides some breathing space.
To get to fireworks, like all stocks, it would need a big wild-card ie big project within the portfolio or an exit event for the unlisted stock.
These days, the Founder of REM is no longer providing commentary and therefore, hard to know.
As Barksy1 said, I am merely filling in the puzzle from the past.
That*s all from me at the momo. With thanks.
Bit more nitty gritty on asx for EMH
https://www.asx.com.au/asxpdf/20190719/pdf/446r7z30kcynnb.pdf
Tis not me.
My posting history never mentions placing prior to the event. Why? It is merely speculation and the old acorn. Once a placing is done, it is RNSed.
As for placing, that is one for everyone to work out for themselves ie how much the co needs going forward so that one can see how much give there is in the share price.
I think the gent you are on about is a chap called Ri.... He was on REM and used to scare the daylights out of the the .... If one looked at the actual share pricing then on REM in the early days, it was modest as the drills just got started. Another chap was called Rose something but he is no longer on the members list?
In terms of placings, if one looks at Solgold. They had £50m funding but I think it has now gone up to the £100m mark but kindly check as I have not noted the latest.
However, from the funding, it resulted in a mkt cap of nearly £600m and an NPV of X.
So, in some cases it worked a breeze ie funding to mkt cap.
By the way, my last post got cut off due to the limitation of the words allowed. So, I meant that loans also have to be taken into account from the mark-to-market which is norm ie what you own minus what you owe also to get a new figure.
As I posted isdeer said REM was his greatest share regret. I do not think he*s found any like REM. From £1m+ cap to £95m - it was reported as 65 times because very few managed to get in at the £1m mkt cap when DL had just cleaned out Zest plc.
These days, no one has seen that type of bagger. Even Solgold*s bagger was 45 x ie 1p to 45p.
All history now.
So, isdeer is trying to look ....as he said in his post.
Lots of the original are still with us, pension pot's in *******, mr James, Phalen turned into Ballistic and Larry Wildman (all around I'm sure. Khameleon is in *******, tomcat was there then, Denver ...we are all sitting watching, waiting and so many more from the good old days.
Nice to see you back posting news, you seem to find lots of interesting rekevent research that most of us have overlooked. I think it's all about completing the old old jigsaw now...piece by piece.
Who was it that was always banging on about the next placing being imminent.? It wasn't you was it? There was someone though. Sure they got a ban, they were seriously emotional towards the end. I think phallen came back as ballistic for a while. He was one of few who managed to get Bcn at the ipo when they listed on lse.