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So basically the way to speed up projects is to spend years arguing about how to speed up the permitting process. Genius.

10% self sufficient for the EU doesn’t offer security either. It pretty much guarantees becoming chinas b£/ch in very short order.

The leaders are collectively caught in the headlights of a fast approaching BYD!

'DRA has the necessary capacity, expertise and track record to deliver the Cinovec DFS in a timely

and efficient manner and will be working to build on all of the optimisation work that the Cinovec

team completed over the course of 2022 with a view to completion of the DFS in Q4 2023'

This was 2 years ago (just a bit more).

and then:

Keith Coughlan, Executive Chairman, commented: “This work on the Concept Study, conducted

by Bara as part of its Mining DFS, highlights the ongoing efforts of the Company to assess

opportunities for improving the economics of the Cinovec Project during the extended timeframe

for the DFS. We are pleased that the potential to increase the project’s planned capacity has been

evaluated as technically achievable, reinforcing the significance of the Cinovec Project and its

anticipated role in helping the EU achieve its lithium self -sufficiency goals by 2030. ”

a mere 2 years later..

Given that Portugal is the only 'minor' miner of lithium in the EU, and for ceramics rather than batteries, it's difficult to see how they'll even get close to the targets.

With the share price on it's knees, I can't see how they'll be able to raise any equity for our share, even if the FID is positive without diluting the hell out of all the existing shareholders, but perhaps that is and always was the plan?

I hope not, but what was worth quite a bit not so long ago is rapidly becoming next to worthless

Looks like the company is running out of time. Come on BOD - do something useful for a change!

Quite possible by the time they decide, the only cars (electric) being made will be either American or Chinese…

Europe is in a hole in a lot of ways right now

Quite incredible to think back to when these first came onto the aim market, at a price of 10pps!

almost 10 years later, we're 35% down from that opening price, and with no more clarity than we had then. Add to which the BOD don't seem to bother with updates, presentations, promoting the company etc.

Not sure what will turn this around at this point, but it's highly frustrating to see such good potential frittered away on account of no one being able to agree on anything.

Lots of rollovers today by the looks of it. Nice to be holding rather than sinking though

Sounds much more positive (and as near as can be definite)

Hopefully they've sold out completely by now then, and it would be good to boot KM also

Use

The

Filter!

If news flow had been handled better then we’d not be at least levels, and would see a decent lift on this news.

I haven’t changed my position , but 8 years and counting it’s becoming a bit tiring to keep enthusiastic

Don't seem to be a lot of people wanting to put more money in, even at this level. Confidence shot basically

Profitability shouldn’t really come into the equation when the goal is to be self sufficient, but then again when has common sense prevailed eh!

Hopefully it's not something sinister, and they are still looking to proceed with the project. It may be as simple as just not wanting it in the presentations until the new plans are better fixed/permissions in place etc.

In terms of investment, notable that £5K invested here 8 years ago is now worth almost exactly the same at todays price. The same amount into bitcoin 8 years ago and today you'd be a millionaire (just).

I'd argue it isn't purely lack of communication, but misinformation, followed by repeated unfulfilled promises. A great deal worse, and more difficult to recover trust from. The best thing would be for a company shake up, followed by EU/government backed clear plans for bringing this to production. Nothing else will do.

Not sure, but I wish I could travel back in time and just invest in Tesla instead of this, or pretty much any other share out there. Not Cadence though, obvs...

Hell of a mountain to climb from here though..

Have to question the motives of such articles

I’d read this as after the reporting period also. Having gone on about it so much, I can’t believe they’d just miss the deadline. I mean, surely not…

Depends if the powers that be say it's allowed I guess

I doubt it based on previous performance. Or at least if there is news, it'll probably be less than positive