Member Info for Bannor

Indeed the archeological survey was always 'in progress' previously so another tick in the box assuming it didn't highlight anything of significant concern.

Made me smile when he was talking about everything being on time in terms of expectations & statements (we'll just erase that past eh 😂)

However on another note & just my option but the whole thing was delivered minus the um's & er's & unsettling pauses that have often been a feature of past interviews which smacks to me of someone speaking a bit more freely with confidence about what was being said - so I'm taking that as a plus as it removes some uncertainty about the potential accuracy & validity.

Looking forward to the next couple of months, an exit for me feels closer than it's ever done over the last 13&1/2yrs .. let's wait & see if a buyout for good value is forthcoming 🤞🏼

& again (if true) just another indication that KC & EMH are being kept in the dark as much as possible & have absolutely no input or control over what's happening, when & how in regards to the project IMO ... & leads to the only 'assumption' I can make that CEZ/Geomet/CZ govt want EMH out of the way ..... I'm not necessarily seeing this as a bad thing as it's just a question of how much ... I personally have absolutely no doubt it won't be as high as some of the dreamers on here believe but it'll be north of here so happy to wait for it to play out

27th June '25 - OK 6&1/2 months !!

Fundraise

Cadence has raised, subject to Admission, £402,000 before expenses (the "Fundraise") through a subscription of 31,660,000 new ordinary shares (the "New Ordinary Shares") in the capital of the Company at a price of 1.27 pence per Ordinary Share (the "Issue Price") and the issue of warrants to the subscriber of the New Ordinary Shares in the ratio of 0.15 warrant to each one New Ordinary Share subscribed for (the "Warrant"). The Fundraise was with a single sophisticated investor.

Max - bit of homework would've helped whilst you're correct the 2.5p placement was 18months ago a 1.5p placing 12 months ago & the 1.27p placing just 6 months ago with the 3p placing most recently literally over a couple 100 million shares .... until the Azteca announcements there were few opportunities to offload for a decent return .... I reckon we're still churning but hopefully coming to the end of it & a better more solid place imminently - unless another rainbow chase is announced (which I sincerely hope not!!)

"the only reason the SP is still at this level is that the churning mill of the latest 3p placing is still churning....."

... not to mention the hundreds of millions & 2.5p down to 1..27p eh !!

...indeed a significant step in the process to obtaining the LI - once that's submitted & granted ... well I don't do predictions but it should be good 😊

Very very good news 😀

.... & what has the DFS done in terms of underpinning what the FMV might be considered to be?

...I'd be very surprised if lithium wasn't involved

No it's assumption based on the demonstrable & evident lack of any control over timelines/content of any activities or announcements regarding Cinovec - can you speculate otherwise 😂

...mostly assumption rather than fact but there you go & here's some more, we won't know whether the EIA was submitted in time because they're frozen out by CEZ with Coughlan & the EMH board having no input on the how, when's & why's anything in regard to Cinovec & the project progression (or not) because CEZ/Czech govt want nothing more than EMH out of the way cheaply & as quickly as possible - & also quite possibly the reason the tin & tungsten credits were completely ignored for DFS purposes.

We'll find out if the EIA was submitted on time as & when the governing authority publish it, because that's when Coughlin & the EMH board will find out as well IMO

.... not sure 2026 is any better yet though eh!!

Maybe I missed the last couple of regular Friday update newsletters, oh wait they were downgraded to newsletters when there something to say ... hence the silence I guess 🤔

...how's the NT sell volume now Jimb! 😂

...bluntly nothing in the state/municipality statements or the visit changed anything regarding potential outcomes or time-frames - all we got was an affirmation of what we'd already been made aware of .... once the licences & permits are in place & it's evident that production has or will start the mood may change ... or that's what we can hang out hats on now after all the other false dawns & hats we've tried to hang on them only to find out it was a mirage .... maybe the next train will be ours eh 🤣

...with that ,300k delayed sells on top of the 400k around the same time - as I said I reckon the MM's don't want to be holding any more shares than they've currently got & hence reducing the number they'll accept before going NT ... once they e shifted sufficient (assuming they do) you should get more offered prior to NT & with enough demand the price might even go up again rather than down!!!

...I suspect the MM's are probably holding enough unwanted shares so are just trying to discourage further selling as much as they can ... hey ho market wants certainty & short timeframes & so the wait goes on ....

... well done you & I now just noticed you might just be the newest member to the REM/KDNC underwater club!! .... welcome 😁 😂

OK great ... I'll hang on then 40p is better than 25p - LoL

& if CEZ make an aggressive buyout offer at 25p which requires voting on?

As for 100p as nice as that sounds I think it's now pie in the sky - but will hang on to see what transpires next ....

IMO you guys just don't seem to be getting it ... EMH had absolutely no input into the DFS nor any control over how it when it was released, that I think we know to be the case.

CEZ are in control of everything, the DFS (as it was called that!!) published in the UK was IMO hurried out from what CEZ put out out in Czechia, it was (or appeared if you ask me) rushed, incomplete & with everything priced & positioned in the worst light they could get away with & consequently didn't pass muster in OZ.

Why - because CEZ want EMH out of the picture & the market & shareholder reaction to the supposed DFS as published has provided an ideal opportunity for a cheap(ish) buyout which the suffering & disillusioned LTH & the newly invested (like myself) would willingly accept.

Mid 20's would be my guess - let's wait& see what comes next ...