Member Info for antelope

Waiting on the sidelines here but thinking of flogging a miner and coming in here instead. Can anyone point to expected timelines? I know this is often difficult... but a month? 6 months? 18 months? Some sort of feel for the likely pace of developments here. One reason I'm junking a miner is that I've been there for years and the returns are always tomorrow.

Now there's a possible new banking crisis unfolding. Credit Suisse may be about to collapse apparently. The trouble with this damn investing lark is that there are black swans all over the place.

So when do we hear about the Green Deal and how it may affect us? I thought it was on the 8th, then it turned out to be the 13th... still waiting...

Why is the CR pushing for efuels rather than electric when they have such significant resources that support electric (li and Mang) and are making such noises about GFs?

https://www.politico.eu/article/europe-lurches-into-civil-war-over-combustion-engine-ban/

Yes you're right. Sorry. I wrote it in a fit of pique.

It constantly amazes me that the media seems completely unaware of the 4th largest hard rock lithium resource in the Czech Republic. Why are we so under the radar? I though KC hired some company a year or tow ago to address this.

https://www.politico.eu/article/white-gold-rush-salt-lithium-batteries-raw-materials-chile-salar-atacama/

EMH seems to occupy its own universe though, and doesn't do what other Li stocks do.

Well the last time I received a reply, which was way back in August, I was told that things were proceeding but that due diligence processes were at a glacial pace and the lawyers are slow in Uganda so no timeline is available.

https://www.theguardian.com/business/2023/mar/08/volkswagen-warns-eu-that-us-is-beating-it-in-race-to-attract-battery-makers

ffs VW is not the whole of "manufacturing ability in Europe" Of course the debate is still on as to where VW go... and the CR would seem appropriate because of Skoda and Cinovec. VW are just playing politics and trying to apply pressure.

Personally, if it's 10 bill they want, I'd tell them to shove it. Then see what they do. What do you imagine they'd do with their entire home base of operations in germany if not build GFs? There are plenty of markets for our Li and there's an argument to made that the CR should not want to be so dependent upon VW.

As for the EU.. at least GFs are getting built, unlike the UK where they go bust when they're only half built, with paltry financial support.

10 million is surely ridiculous. How much does a damn GF cost?

Thanks to whoever that MF was who just stopped the gentle rise by flogging 18.5k. Why does that always happen?

Well, perhaps.. but more knowledge of whether the proposed production of synfuel from CO2 extracted from the atmosphere and driven by renewable energy is actually clean or not. On the face of it, it would seem to be neutral, but the environmentalists seem to be still debating.

https://www.politico.eu/article/ursula-von-der-leyen-eu-germany-clean-car-plan-hostage/

Did anyone actually read and think about what I wrote? It's simple Czech politics.

What's holding this up is vw. The Czech Gov will be wanting to do all they can to attract VW into building a GF there, and that will include a local supply of lithium. So perhaps they're sitting on licence applications etc because they don't want EMH to be more attractive to another non-VW buyer in the meantime - while VW umm and ahh - like LG. If VW declare a GF in the CR, things will fly. If not, then I suppose the licences will also appear but more slowly, or the game changes in some way.

Anyway, any offer has to be shareholder approved.

"I am starting to honestly believe this is being deliberately run and marketed badly..."

Worst case scenario, and I can hardly bring myself to write it, is that CEZ buy out EMH for a paltry sum and partner with a mining major, KC and the gang get paid off with a couple of million and fat salaried NED roles, and we get slightly more than sfa.

But surely not. How easily is KC tempted?

mrcautious did you read that china link I posted on friday?

Not that I want to promote this... but https://www.chinadaily.com.cn/a/202302/23/WS63f76b55a31057c47ebb0873.html