Member Info for antelope

I don't know. Copper is an EV metal as much as the rest and demand is set to rise strongly. And if it's easy to recover, seems a shame to leave it there. But processing was always going to be outsourced wasn't it? Soperhaps EVM have their own thoughts on this. Jubile went quiet a long time ago... must have sensed something going on.

Kalasin's post on the 23rd, with the link, suggests EVM could be good for us. Remember that they specialise in processing ore into useable materials. Hence the Zenith focus on lithium... there are quite a few lithum miners, not so many processing facilities. There's even a Canadian company setting up a procesing facility in Europe in recognition of this. And I think it was Musk who said the money's in the procesing. It's possible, perhaps, that EMH for example, in the Czech Republic (a huge emerging Lithium mine), could outsource the processing for the right deal.

The question is, what role does Caerus play in this? Just as a sort of tax/admin vehicle for EVM's operations in the EU? All contracts through us? Cold be big bucks, but need some evidence and a plan that states just what we're supposed to be doing.

I live in Cyprus.

In theory at least, the EVM angle could lead to great things. But how can we tell without info as to what's happening?

I'm with you. And also absolutely livid.

Don't we need a DFS first? Or are we assuming that the pertinent numbers are already known?

Darron Anthill: "We are incredibly pleased to announce that Device Authority features as one of the 37 Technology Companies Leading the Way in 2022, according to a report by @ABIresearch"

https://twitter.com/darronantill/status/1556662823157207040?s=20&t=24AL_OcR3fiogUMiglwmNw

Look at who we're up there with on page 3:
https://www.deviceauthority.com/wp-content/uploads/2022/08/37-Technology-Companies-Leading-the-Way-in-2022.pdf

Unbelievable.

Now I'm feeling confused. Just look at the actual trade values. Investing.com shoiw real time data if the 15 min delay is a prob;pem.

That's because the last trade was bang on the mid price. So a % figure showing the rise in the mid for the day would be the same as a % showing the rise between the last trade and the previous (sell) one if the latter was at the bid price.

That's confusing. If it means '..the previous day's closing mid price.' then all it's stating is how much the mid has risen by today. Which is what most people think is being described when they see a %, but they don't realsie that there are different ranges that % could apply to. But google list the % change between the last trade and the one before it. I don't know what HL are showing, but I'll bet they're diferent from google.

Actually I don't think it is. The last trade was a buy at 47p. The one prior to it was a sell at 43. The difference is about 9.7%. So google report diferences in trade prices, which then include the spread and can be misleading at first glance. Because the bid/offer may not have moved at all. Not teaching grannie to suck eggs, but it's a common mistake. When the spread is wide, I see people raving about 15% rises..

Look at the actual numbersd. Is that a 9,17% rise in the mid price? Or a rise in the price paid for a buy, from the prior price of a sell? In other words, does it include the spread? There are two systems used to arrive at these percentages. All you have to do is look.

Why aren't we skyrocketing? Up by a healthy 11% in Oz. But the UK?

The European Lithium announcement regarding a relationship with BMW is interesting. Given the muted share price response, it's evidence of how we need a full blown agreement rather than an MOU, which is what EUR have. We're in a much stronger position as any offtake is likely to involve Geomet's major shareholder as well as an automotive major, and so should be confirmed from the outset as part of their overall gigafactory plan. But it's clearly worth waiting for the real thing rather than wishing for intermediate 'letters of understanding'.

This line: "The quarter was marked by continued progress by the Company towards finalisation of the Definitive Feasibility Study ("DFS") together with ongoing discussions with potential offtakers and Project Finance participants." plus confirmation that the whole thing is still alive, it having been so quiet for so long, is probably what's appealing to the market. As it should be. Plus a wedge of dosh in the bank.

You forgot to mention the ever receding (bl00dy) DFS that continues to recede. Must be the longest duration DFS preparation in history.

From Jiff10000 on HC.

Czech government approved battery business park Wednesday.
https://www.expats.cz/czech-news/article/today-in-czechia-july-27-2022
text - BUSINESS Construction of site of possible Czech gigafactory approved
According to the Ministry of Industry and Trade, the Czech government approved the construction of the Pilsen-Líne strategic business park at a meeting on Wednesday. The area of approximately 400 hectares belongs to the Ministry of Defense, which should transfer the land to the Pilsen region.
A factory for the production of batteries for electric cars, a so-called gigafactory, could be established on the site. On Wednesday, Škoda Auto confirmed that this location appears to be ideal and could potentially be included in the final selection for the location of the gigafactory.

A little more from Skoda here:
https://www.google.com/amp/s/czechia.postsen.com/news/amp/25552
The location is ideal for the Volkswagen gigafactory
The German automaker Volkswagen (VW) is most interested in the construction of a factory for the production of batteries for electric cars. The Plzen region previously stated that the car company expects to invest up to 120 billion crowns and would employ up to 4,500 people. He is deciding between the Czech Republic, Hungary and Poland for his intention.
“Based on our internal evaluations, this location appears to be ideal in the Czech Republic and has great potential to be included in the final selection of a possible location for the Volkswagen Group’s gigafactory in Central and Eastern Europe. We believe that today’s decision of the government of the Czech Republic is a prerequisite for achieving all planned milestones and also represents certainty for future planning,” said Škoda Auto board member Martin Jahn. A final decision can be expected within a few months.

I have him greenboxed. Life's just easier that way.

I'm left confused by that report. Is he saying hold certain commodity miners, sell, or buy?

Thanks ctw.. very helpful.