Member Info for antelope

"people who just want a quick buck"

I hope you're not referring to me. I've been here since 2015. And I have no income so have to keep reducing my holding by drawing down, which is why I'm stressed at the information vacuum and years of misleading statements.

So the latest is sept/oct. So no significant action for another six months then.

https://www.youtube.com/watch?v=4FDM8Tum4vY&t=2s

This is freaking ridiculous. WTF is Coughlan playing at? Price is falling big in Germany. I've just had to sell some at a loss. People are starting to really lose faith now.

DO we know if Cizzle have IP protection in China and the US?

And how far are we from regulatory approval in those countries?

I have looked but can't find the info. Tks.

"Arguably FID is more important than DFS. From recollection FID was to be made q3 2023."

But surely the DFS will determine the FID... they'll need to see the numbers before they can decide to commit?

" a "date" for when the final investment decision"

Long gone I should think. But isn't the DFS a pre requisite anyway?

Well something is making people very wary of EMH. What on earth are we doing down here?

"This is the second presentation from CEZ in 5 Months that specifically state 'These projects are
unlikely to be fully consolidated'"

ie They're presenting consolidated figures from a CEZ group perspective, but the actual business operations are likely to remain in stovepiped subsidiary companies.

No?

" Why wouldn’t CEZ want to mine? They already have their own coal mining operations."

I have a strong memory of this being discussed three or four years ago, where CEZ were reported as saying they didn't want to get into lithium mining... they know nothing about it and they want to become more of a power utility with renewables related diversification, including a gigafactory. But I could be wrong. Although given the emerging hunger amongst mining majors for lithium resources, I can see CEZ partnering and leaving the mining to the specialists.

If CEZ are willing to take over and implement the mining and processing then that would certainly make the situation easier to predict. What became of that investigation of a cement manufacturing process fr use as part of the lithium refining process?

Well my take.. and I freely admit I don't know enough to justify an opinion...

A/ VW won't buy us out (nor will any other auto) because they don't want 49% of a resource in partnership with someone who doesn't want to mine it.
B/ A mining major may be reluctant as again, it's a minority stake. Depends on a deal with CEZ, which would have to be worked out in advance of any bid.
C/ If CEZ buy us out, they then have to formulate some complex deal with a mining major but will also want an auto, preferably VW as they're already in the CR, to buy in. Its becoming clear that autos want to buy into resources too.
D/ A CEZ buy out won't happen unless they know they can do a deal with a mining major, because CEZ don't want to mine.
E/ A mining major would be reluctant to join into such a deal in the absence of a DFS.
F/ If CEZ intend to go this way, why have they not already bought us? Maybe because they too have to wait for the DFS before fair value can be ascertained? Or does that date of 28th April when shares become 'unlocked' say that they haven't been able to move up to now but will do so then?
G/ Assuming that CEZ and a mining major do a deal, that still leaves CEZ's desire for an auto (VW) to be on board. So, if VW take 10% the remaining 90% needs to be split between CEZ and the miner.

Conclusion: Whatever plans anyone has in mind - and any scenario involves complicated tripartite negotiations - it all may depend upon the DFS (28th April being the caveat?), because that will be where the evidence of true value lies. CEZ may know what's there but anyone buying in will want more than their word on it. Consequently, we have to wait for the DFS before any corporate action.

I need to repeat a question.... perhaps I wasn't clear enough earlier... given that it's pretty much a certainty that we'll be bought out rather then go to production, what do you think the odds are that we'd be bought out before the DFS is released?

"Meanwhile, the US has – as widely expected – extended its Inflation Reduction Act to include the European Union."

To answer an earlier question, this is why Tesla will indeed be welcome to use Cinovec ore, assuming of course that the CR gov isn't indeed 'saving' it for VW/Skoda. And Tesla are about to double capacity.

Sorry, what does that mean?

Well if you're right, and I suspect you are, and EMH will simply be bought out at some point, the question of by whom and how isn't really relevant to us. But my concern is that the fact EMH's holding is a minority holding will put potential bidders off, because at some point, a mining major has to get involved and I'm not sure they would do so for a minority stake, whilst I also doubt that CEZ (read CR Govt) would be willing to part with their majority holder position. This is why I'm curious to know how it might work.

A more interesting discussion would be how that would work and what it might mean for EMH, whether VW or any other car manufacturer. Would they buy EMH? They'd then own a minority stake and who would do the mining?

How do you end up with CEZ remaining the majority holder, a car manuf. owning something, and someone mining?

VW jv with CEZ on both mine and GF? And then partner with a miner? Or something? To much for my little brain.

I don't see how we're going to have a share price rise until the DFS is out, which is 8 months away.

"News, media, TV - totally bonkers and a no-go from the outset."

Don't you mean digital media technology? Explosive area.

Mind you, this could take some time. The way markets are right now is not encouraging for RTOs.

Well not what I expected. Nor any of us I imagine. But the Drylab team are pretty good in my opinion (John Mahtani) and this RNS strikes me as very hopeful. Rare earth mineral mines in Angola were always going to be a bit dodgy. This could take us down a much better route. With the emphasis on 'could'.

Well I'm in a few but it's EMH that I'm running out of patience with.