Member Info for Blonde-ad

Only thing to make a lasting difference will be mining I think

Manipulation or not, once this starts to get a bit more momentum (albeit who knows when that might be), the volume ought to win over. No idea if we'll be waiting one month or six to see real progress, but hopefully somewhere in the middle

I don’t believe the EU can or will wait that long to start producing lithium. 5 years until full production? No point even bothering in that case

It's these ones:

28.10.22

'In consideration for the engagement, the Company will issue Luthardt Investment a total of 2 million unlisted options to acquire fully paid ordinary shares, exercisable at AU$0.80 on or before 30 December 2023, which shall vest in two equal tranches, subject to milestones tied to achievement of downstream partnerships and policy support for the project in Germany being met. The milestones are set out in full overleaf. The options are otherwise on standard terms and conditions. The Company is not required to seek shareholder approval for the options because they will be issued out of the Company's existing placement capacity under ASX Listing Rule 7.1.'

No point exercising options at the same as market price though I guess, irrespective of whether or not the conditions have been met (which they have not):

'Milestones

The options to be issued to Luthardt Investments are unquoted and are exercisable at AU$0.80 each on or before 30 December 2023, subject to the following vesting criteria:

(a) Tranche 1: on or before 31 December 2022, the Company receiving confirmation in writing in the form of a letter or other official correspondence from the federal government of Germany (or a department acting with delegated authority) or the Saxony regional government of Germany that it will formally support the Cinovec Project and the supply of lithium products from the Cinovec Project into Germany and use its best endeavours to assist the Cinovec Project in permitting and funding, apart from other factors.

(b) Tranche 2: on or before 30 June 2023, the Company receiving confirmation in the form of a letter or other official correspondence from the federal government of Germany (or a department acting with delegated authority) or the Saxony regional government of Germany that it will formally support an increased production plan for the Cinovec Project subject to supply security considerations for European manufacturers of Electric vehicles and batteries.'

£5.20. That'd be nice (or presume c. $10AD?).

Is it possible they’ve had to rerun lots of the work to look at higher production rates?

If so, not too fussed if they’ve spent extra - could (and should) be well worth it

Looking at the long term (since 2016) chart, it does like we're on the edge of a 5th wave. If that's the case, I wonder where it'll head from there? (hopefully ever upwards!)

Nice bit of slating of the previous government in there for good measure. Sounds like 2 &1/2 years to mining, and backs up all the talk of decisions being made by the end of the year. It all points to a great result, whether we make it to the mining stage or not (given the recent turnarounds, i'm starting to think the benefits from still being in at the mining stage could dwarf any potential buyout returns).

When you see what they do to the hillside to extract rock and sand, i'm surprised they wouldn't push forward with something more valuable!

Really putting his neck on the line this time, so, by end of year:

- offtakes

- DFS (early 4th Q)

- full financing

No mention of licensing, but I’m not sure the market has fully priced this news in as it stands (if it all comes through, of course)

I'd be happy with that, but expect it's more realistic to think before 2030 or so, rather than this year

That'd be early retirement (or at the least career break!) for a lot of folk here

Nice little 10% spread to kill off any volume. Even so, very very low this week - waiting waiting (as always)

That’s what I thought, but every time there’s a new article, the timescales seem different. Who knows eh

Mining starting then is too late

Conspiracy theorist.

Haha

Then back down to a $ the week after! haha

Https://www.theguardian.com/politics/2023/jun/18/eu-exports-of-electric-cars-to-uk-put-at-risk-by-brexit-trade-deal

Anything to stop over-excitement. In a way, nothing is needed in that regard given the journey of the past 7 years!

Indeed - hopefully we can finally start to get back into reasonable value, which arguably 40pps doesn't come close to reflecting