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When I look at our market capitalization and just Keith Verdiehnst for his position...
I think the whole thing is just a bit too much for a company of this size.
We don't produce anything yet and the CEO makes almost half a million Australian dollars.
That seems a bit too much to me...
Skelly, I don't think you would be there if you still believed in the whole thing.
I think that we clearly have an advantage that we will exploit, at least I hope so.
Unfortunately, I've been underwater for a while now, and I'm not particularly happy like nobody else here.
What influence do you think cez has and did you muzzle Keith?
I would be interested in that, or do you want to tell us like that????
Check out this huge spread! Here in Germany, it was 13.1 cents on the ask and 19.1 on the bid until today, what's the spread like over in London?
There's hardly any trading volume in Germany... I always buy in Frankfurt.
According to some relevant information sources here in Germany, Europe will have a lithium demand in 2030
calculated from the WORLDWIDE production volume from 2018. Although I can't yet say whether there are economies of scale were taken into account. It is assumed that the current lithium battery technology will certainly be the next one
will last for 10 - 15 years and then continue to exist.
The question is to what extent manufacturers calculate or take into account their CO² footprint with the corresponding supply chains.
The fact is that from a geostrategic perspective it makes sense to independently advocate for a lithium industry.
I also watched a very interesting video yesterday from a battery chemist in Germany. For those proficient in the German language, here's the link:
https://www.youtube.com/watch?v=xbT2QvSLjIw
Perhaps the whole thing could also be subtitled.
The video primarily revolves around statements regarding lithium supply. A few of them are that the competition from sodium batteries is not in question, and lithium is the battery chemical that produces the best batteries.
Furthermore, for reasons unknown, Germany has sold its lithium exploration rights abroad, meaning they are now very eager to obtain the substance. Germany itself is one of the richest lithium countries in Europe, which I didn't know. However, mining here is almost impossible to enforce.
I believe that there could still be a lithium surplus for a few years under certain circumstances, as he mentioned, but from 2030 onwards, we can only cover a maximum of 10% of the demand with current imports. Therefore, the European region must become independent and establish a lithium processing industry.
The video is very interesting, and for those interested, they could see if there are translation options available.
Get used to it, there are winners and losers. Inwardly, I believe in this company and the venture.
The project is still aimed at institutional investors. I hardly believe that Keith has a focus on private investors.
And the whole moveset of the company is geared towards this.
If this were an investment in Germany, I would be more concerned about the implementation.
What generally bothers me here are the timid investment costs and the pressure from China.
The Chinese e-cars all run on batteries from China. The situation is similar in the American market.
This means that value creation will definitely not take place in Europe. We don't even have any battery factories here.
So why are you coming up with the idea that lithium should suddenly be produced here? Yes, investments are flowing
in economic development funds - but what's the point if you can't get from investment to action?
Hence my question, where are the investments for mines like Tesla operates? The European mindset is completely out of date.
I hope that we don't have to go through this Ta of pain for long to realize that we have to work again before something changes.
I urgently want to bring your attention to an important video produced by Germany's leading broadcasting station. The video discusses the highly topical issue of general raw material supply, focusing particularly on the critical situation surrounding lithium in connection with supply chain law and ESG principles.
Unfortunately, the videos are not available internationally, but an agency should be able to translate or subtitle them using AI. If you need assistance in this regard, I am also available to help.
One link leads to an interview with a reporter who sheds light on the impending crisis regarding lithium supply. It is crucial that we are aware of these developments as they could have direct implications for our industry.
Furthermore, a comprehensive report on this topic has been created and is available in several public broadcasting media libraries. I strongly recommend watching these as well to gain a comprehensive understanding of the situation.
https://www.youtube.com/watch?v=0U9HaM5yHNo
Rohstoffe der Zukunft - China beim Wettlauf weit vorne | Raw materials of the future - China far ahead in the race
https://www.ardmediathek.de/video/unsereerde-kampf-um-rohstoffe-am-abgrund/rohstoffe-der-zukunft-china-beim-wettlauf-weit-vorne-s01-e02-mit-gebaerdensprache/swr/Y3JpZDovL3N3ci5kZS9hZXgvbzIwMTEyODkvZ2ViYWVyZGVuc3ByYWNoZQ
Lithium und Kupfer - Für Deutschland nichts zu holen in Chile | Lithium and copper - Nothing for Germany to get in Chile
https://www.ardmediathek.de/video/unsereerde-kampf-um-rohstoffe-am-abgrund/lithium-und-kupfer-fuer-deutschland-nichts-zu-holen-in-chile-s01-e03/swr/Y3JpZDovL3N3ci5kZS9hZXgvbzIwMTEzMDU
Umweltzerstörung beim Abbau - Greenwashing in Brasilien? | Environmental destruction during mining - greenwashing in Brazil?
https://www.ardmediathek.de/video/unsereerde-kampf-um-rohstoffe-am-abgrund/umweltzerstoerung-beim-abbau-greenwashing-in-brasilien-s01-e04-mit-gebaerdensprache/swr/Y3JpZDovL3N3ci5kZS9hZXgvbzIwMTEzMDgvZ2ViYWVyZGVuc3ByYWNoZQ
I see it similarly. I'm still hopeful though. However, if the EU prefers lithium
imported from Chile or would like to make yourself dependent on the Chinese, please.
Keith could have done more, yes, but given the bureaucracy, what can he do? Probably
there are neither buyers nor investors. It's easier stuff from the other side of the globe
to shop. Furthermore, individual transport should be largely abolished anyway.
I don't understand, did the exploration license only apply to the drilling of further test core wells?
I mean, we need an extension of the drilling licenses anyway. Or am I wrong?
I hope there will be another supplement.
I would be happy if things were moving forward. You know, I don't have much at the moment, and I have invested steadily in EMH. My aim was to have a good return and to use the money money as substance for further investments. Unfortunately, Corona and all that came in between. In the meantime, almost half of my income goes towards the rent for our apartment.
I'm not an academic and I live in a small town. There aren't many options here. In most cases, money is simply inherit.
In the meantime, it's even the case that social status is determined by who has the lights on before sunrise.
But I would be really happy if this din got wings. I believe it will, and I hope so. Followed up at the end of last week.
from an entrepreneurial perspective, it is extremely stupid to remain like this and to see the share price plummet.
the company has no face and every company needs one. in the form of marketing, communication
and an exchange. keith appears too little.
there are no interviews in the public media or anything like that. i see the share price dripping, and at first i thought,
perfect timing to invest. but i swore i'd never make that mistake again.
too bad... really too bad you had to pay a lot of expensive dead money again at this point.
and that ****es me off
Since today or yesterday there have been several articles on the subject of lithium and that the Americans or Microsoft have been able to reduce the AI research to reduce the amount of lithium in cars by 70% and that they already have a prototype.
There are several or very many articles that have been circulating since yesterday if you enter the keyword lithium into google.
I now consider this whole circus to be an information war that is probably aimed at influencing the influence the public. I am no longer over-euphoric myself, but I try to accept objectively that the price is where it is.
The only thing that surprises me are these "campaigns" with the same old theme, salt batteries, then something new comes from Quantum Scape, then the price of lithium is in the basement etc. etc.
I am of the opinion that there is clearly a game being played here and they are trying to push investors and holdings out of the game. The prices for electric vehicles are still very high, but lithium accounts for a very small proportion.
This is always the case before the industry has completely adapted to the new technology. But the fact is that in Germany
there will be a definitive ban on combustion engines. And it should also be clear that vw has to completely reinvent itself, otherwise it will lose even more value by Chinese manufactors. Very few Germans can afford a mid-range electric car (€40,000 upwards). The cheapest car starts somewhere with an E-Up, which is already halfway equipped at around 30,000 euros. However, this vehicle will not drive 250 km in one go and certainly not in winter.
Seen in this light, the anti-lithium agenda in terms of availability and technology is also just a straw man argument for the misguided orientation of the companies. Lithium will play a role in decarbonization! and this is all the more due to the atomic number, namely how many electrons it can store. A quick look at the periodic table will suffice. unfortunately, alchemy has not prevailed since the Middle Ages and we are unable to develop new elements. So my biggest fear is that we will be bought out cheaply and, in the worst case, lose our mining license and that the other players are playing for time.