Member Info for antelope

https://www.euractiv.com/section/batteries/news/lithium-tipped-for-eu-list-of-critical-raw-materials/

Oh it will do. Who's going to object?

There has to be consolidation in the lithium space eventually. Cinovec has to be one of the most attractive options in the world.

... a big miner or other corporate bought EMH, or EMH's Geomet stake, for 200m, or even 150m. I'd be happy. Those are no unreasonable numbers are they?

upper 40s me

Only 50%? You lucky, lucky man.

.....*!^&## website is useless.

These are turbulent times and everything is unpredictable. In my opinion, global economic conditions are going to get a lot worse. But there are certain processes underway that are unstoppable. One is the shift to clean energy and the other is expanding networking and digital technology. Obviously EMH is at the centre of the first one.

I don't think it's possible to predict what the share price will do in the shot to medium term. 25p? 35p? 55p? 15p? Much hangs on developments that are under the control of CEZ, such as offtake agreements.

It's certainly possible that the share price will fail to reflect underlying true value though. That will only change when people return to the markets.

So I suppose the prognosis is that value will continue to build but we may have to wait to see it reflected in the share price. On the other hand, things could still move quickly on the right news.

Who knows? I certainly don't. As this pandemic gathers pace it becomes an ever bigger potential catastrophe. The world is going to change. Large companies will put some plans on hold, but others may take advantage of the quiet to rebuild their operations in a different way that benefits us.

Interesting response Ctw. I think I broadly agree, but my take has a different emphasis. The longer this goes on for - and a vaccine could be more than a year away if they don't find an existing drug that works - the more likely that fairly radical changes in the way people live and work will become a new normal. Especially with the advent of 5G and increasing digitisation. Remote working and education could become widespread, and the experience of clean air and more peaceful cities could act as an extra spur to the move to clean energy and electric vehicles. I think the ramifications are good for our sector. But I'm glad that we now have the might of CEZ behind the project. If we were still alone, coming financial market and banking stresses may have been bad for us.

hmmm.. discussing the economic climate is not 'fear mongering'... it's David Blanchflower, the well known Bank of England official, former BoE monetary policy committee member and a professor of economics that's being quoted... but you're clearly a daily mail reader so wouldn't know that. Fair enough. It prompted an adult response on the board of my other main holding so I'll wander over there. Enjoy staring up your own backside.

Don't be puerile. It's an article that reflects what's happening. 10 million people in the US signed on unemployed in just the last 2 (two) weeks.

Anyone have an intelligent and informed opinion of the implications of this for us?

Https://www.theguardian.com/world/2020/apr/03/coronavirus-uk-business-activity-plunges-to-lowest-ebb-since-records-began

It is indeed baffling. And infuriating. My other major holding, which is also greatly undervalued (TERN), is also languishing at a price level that is jaw dropping.

I can only put it down to the dire state of the markets, and that consequently there are fewer people participating.

https://twitter.com/SIMVEST/status/1243501291923337216?s=20

We've risen too rapidly in the last couple of days. I was afraid this would happen. People are taking their 50% profits. Once it settles down, we'll be back on the rise.

Sid, CEZ have said they're talking to potential offtakers for joint investment. Given their plans for a gigafactory, I take this to mean that they're talking to battery users along the lines of suggesting they invest in the gigafactory, rather than the mine, and that fro this will spring the offtake deal for the mine as a natural consequence. My interpretation only.

What's happened to this hinted at delay due to coronavirus impeding meetings etc?

Hopefully our turn soon.

https://www.asx.com.au/asxpdf/20200325/pdf/44gcr2q4yj6sl7.pdf

I'm ok with this. It's a shame but procedures are bound to slow down in the current context. People can't even have meetings. And I'm glad to see that proper procedure is being adhered to regardless. Better that it takes a little longer if that means getting it right. So far I'm impressed by CEZ's professionalism.

Cheers Fingers, but it's the time it takes to test these drugs on people. If it's a new one, then that can take more than a year. However, if it's an existing drug, it can be much quicker of course The lag then is the time it takes to gear up production and distribution. Either way, we're facing at least a few months of this turmoil. So come on Ozzies, pull your finger out.

I'm pretty cool (touch wood) about the bug. It's the effect it's had on my wealth that's bothering me. At this point, were I to sell up, I would be ruined for life.

My younger son is in OZ at the moment. Stuck at ANU in Canberra and can't get back to UK. Not that he's objecting :-)