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Agree it’s encouraging, but still not enough to make people want to buy shares at this price. Hopefully that changes at the end of the month when they get the eia sign off, and the jtf funds are released 🤞

Yet a month ago you thought the price was being held back for an imminent 30p takeover?!

Strange

I think so many things have to fall into line here, and CEZ have control over so many of them, that they’ll continue to push things out on the timescales to ensure minimising what they need to fork out to get full control of the project.

I believe this is just a tug of war at this point, with one being far heavier than the other.

Perhaps if the ebrd have given up on Czech investments, then CEZ aren’t fussed about foregoing the $36m jtf just so they don’t have to put up with any more timescales being dictated to them? Who needs this more at the end of the day, the Czechs, or the rest of Europe?

I think we’re witnessing politics taking control of a very large project, which whilst great on paper, isn’t working out too well for PI’s in practise.

I’m not going anywhere having held for this long, but no longer hold out much hope of a big payday. A bit more than this would be great, but who knows - a few more missed milestones could sink us back a fair bit.

So they won’t be moving to a funding phase? If not them, then who?

So many questions, so little info from the company!

It’ll take them another 3 months at this rate - clue as to financing timeline? Or just a result of lack of demand on open market?

Continuation of ebrd sell down …

It’s not 6%, it’s 6bn crown ($288m usd)

I think it’s 6bln Czech crowns (about 300m usd). Would be nice to think we’ve got more than two thirds of the mine capex funded, but given how any mention of cinovec has been kept out of their investor presentations to date, I expect this is relating to wind down costs of closing existing coal mining.

Live in hope of lithium appearing on the agenda sometime soon!

They need offtakes at a decent floor price basically. I wonder what’s holding that up?

To add also, it’s not our job to promote the share, it’s Keith’s!

It’s not negativity, it’s a comment based on lack of promotion or proper communication. I hold a decent chunk of shares in the company, and have done for 10+ years now, so expect more from a project which has for years promised so much.

I can see the immense potential, otherwise I wouldn’t have bothered holding for so long in the hope of a decent return, but at this point I just hope Keith hasn’t ‘checked out’ and moved on to pastures new. That’s just how it feels to me, but who knows - there could be a cracking offer just round the corner..

Is there something in the agreement between Emh and CEZ which means Emh can’t promote the project? Seriously wtf are they up to!

They’ve never been that good at that side of things (communication)

i would understand the lack of publicity were it for the fact they were trying to keep the resource secret, but that’s hardly the case with it being on the strategic projects list, and with government involvement.

a couple of investor trade shows a year, with a slide entitled creating shareholder wealth or some ****** like that hardly cuts the mustard here

It does indeed look that way unfortunately

I think we’ll be lucky to see 40-50p. Is it fair value - no, but when has that ever stopped the dodgy dealings on aim.

To think we’re still below the offer price from (6?) years ago, which was rightly rejected, is a bit of a farce.

Whichever way you look at it, there ought to be more interest at this level, which begs the question, what’s wrong here?

I think there’re two things going on here.:

1 - they didn’t drill to show concentrations of secondary metals (tin, tungsten etc.) so can’t provide exact extraction amounts

2 - these aren’t of interest to their main market (Ie - battery/ev auto), so would likely complicate any offtake (should they actually get to that point)

I think they (Emh) would have been better off in the first place not even mentioning these by-products, but perhaps they were added in to try and position the mine at a low cost of production to gain interest, before they realised what complications would arise from trying to include these.

In one sense it worked, but in another it’s only resulted in increased costs of production, and disappointment from retail, and likely mistrust from institutional potential support.

Achievable - with a Time Machine

I don’t think it’ll be amg, but posco more likely. Not sure how it’ll be done/value attributed etc, but the only certainty is that they’ll be trying to screw the Emh shareholders as per usual. I think the additional shares conditional on the offtakes signing etc. are to try and squeeze a bit more value out of this for Keith and co.

I wouldn’t expect anything before or even as a result of the shareholders meeting, other than all resolutions passed etc.

hopefully something more positive over the summer, but who knows - false promises have been made too many times here to count, and as a result there’s very little interest seemingly even though we’re so close to expected major re-rate news. Doesn’t add up, does it

Little UT so they can show an instant mark down on open tomorrow.

Come on Emh - time to find that rabbit before next week…