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But, this is the same government that tried to push through a low ball offer previously.

I don’t understand the grant if that’s what’s going on either, but perhaps that bit doesn’t matter if the company can’t find operating cash flow, or meet any cash calls from geomet. It’d be a sad end to a very long story, but they’re not giving us a lot of positives to go on here, and any management credibility was already shot to pieces with the promises of past

The same as most governments the world over - not to be trusted.

I’ve thought the same for a while now (about them trying to stall until Emh run out of money). It doesn’t matter which dept. In government, as they all report to the top at the end of the day

I keep reading this statement from the December dfs release back, and can’t help wondering what Keith was thinking!

‘With the DFS now released, we are advancing discussions with EU institutions regarding additional grants and strategic debt, progressing project financing with commercial lenders and potential strategic partners and moving toward the completion of off-take agreements, which are already at an advanced stage with major European battery and automotive groups. These steps collectively position Cinovec for a final investment decision.’

Should have then added “after a further 12-18 month delay, and numerous rounds of funding raises at ever diminishing share prices”

There’s the EIB sell down in the background of all this. Still points to something changing in terms of the company structure (geomet), but increasingly clear that the Czech gov don’t really care for eu interference, nor Australian companies having a part share in their mine!

At least the jtf grant is the smaller of the two, but it’s very clear the eu isn’t going to meet its own self sufficiency targets on time as a result of project uncertainty

The car crash is that there’ll be no funding in time to meet the running out of Emh cash, so more will be required, again.

I wonder at what point the sophisticated investors will give up throwing money into this, and if they continue, at what price?

Given all we’ve endured over the years (decade and counting), could the compete lack of meaningful info be a middle finger from Keith in response to him being sent packing at his request for free shares? Sure feels like it.

Strange - can still sell at 16.15, even though sells being reported at 15p. Total smokescreen here as per usual

Can get live quote to sell £10k worth above 16p, so there’s more demand out there than the trades (trade) suggest I think.

Only a week to find out whether or not another deadline will be met, and it’s a big one if it is

On the plus side he does seem to have given up on giving interviews, so at least that’s reduced the amount of misinformation to a degree. No news is good news? We’ll find out one day…

It wouldn’t be the first time a CEZ spokesperson has been misquoted, or deliberately given misleading info.

I don’t trust them one bit, but hopefully eu pressure will prevail here

Some more chunky trades at the end there. Have to think it’s ebrd offloading their shares, looks like it’s being managed, and hopefully leading towards early fid/funding

I think the fact people wanted to sit in meeting for 9 hours rather than watch the football is terrible news 😂

They could do with issuing some sort of follow up to the meeting, but I guess they won’t, which as usual leaves us all guessing

If there aren’t any legal blockers, presumably they could give the eia approval before the end of the month?

Only thing to say (whilst I agree), is that he shouldn’t be happy with minimal return on time investment after 10+ years running (ish) the show.

It is however clear that he hasn’t given a flying f about updating shareholders (honestly) for some time now, so I’m sure the options rejection won’t have changed his opinion on this

Wow - you’re about as certain on predictions as the potus.

I agree they ought to make a decision after this is closed out, but there always seems a reason to kick the can down the road, so expect the usual dithering/lack of info etc.

either way, eia sign off ought to be a huge positive, and hopefully once the market can’t ignore in terms of share price

Sounds like a lot rides on the hydrological studies, but they’ve already made a lot of changes to try and appease the local councils, so hopefully they can find agreement and move forward at the end of the month. Not sure where else the eu is going to find sufficient lithium supply if they don’t..

That’s extremely positive

Lots of green boxes today. Hopefully a good sign 🤞

Agree the last year has been better. 10 year shows us almost back where we started (in fact last year I think the price did briefly get back to the original offer price when the company listed, more or less).