PYX Resources: Achieving volume and diversification milestones. Watch the video here.
We now hope that it creates a FOMO frenzy amongst the 'powers to be' and what we know should happen falls neatly into place !!!!!
(Dream-on Macduff)
I know what products are intended for graphene enhancement but VRS can still miss the boat from retail investor point of view.
NOT lag
;-))
Https://techbullion.com/groundbreaking-achievement-printable-concrete-now-printing-graphene-reinforced-concrete-reliably/ - I have been waiting for this 3D printing to be announced - game changer so long as The West embraces it and lag behind commercialisation.
https://www.marketindex.com.au/news/a-green-revolution-for-the-ususd56-billion-cement-industry-and-this-stock-is
in the US but in EU/UK ?
Trouble is - if the giga-factories are built before the start of the mine - only Li supply is with China, Oz or US - the poo-liticians will send the EU to the bottom of the league and that will be when the real trouble starts.
Based on data that WE as LTIs know of - it would be fair to say that the prospects for the mine would be known by those holding the Draft DFS - I do not believe that when a single (or two) remaining pieces of the jigsaw are updated that the DFS will become the answer for the future of the mine. Those in the know - will know by now and with the sp dropping like it has doesn't make me feel good at all. IMO the last piece of data for the DFS will be the price of LCE. The mine should be deemed as a 'viable' (or not) project by now and costing scenarios can be modelled for off-takers - why shouldn't they take some risk - WE HAVE !!.
My sixth sense tells me that there may be something to our detriment going on behind the scenes. I sincerely hope that I am wrong - my pension fund depends on this being a 'Reasonable Rate of Return' at North of £1:20/share.
Too many articles written seem not to have considered Cinovec and certainly it's main ESG criteria of being an 'UNDERGROUND' mine. Where is the EMH PR machine ????
Https://x.com/CharlieBurns9/status/1744668752040382650?s=20
Surely a good news development since 13 Sept '23 - another RNS ?
Meanwhile sp down to 0.21p.
Let's get cracking - or VRS will miss the boat for full graphene commercialisation.
I agree ghin and HAPPY.
The number of AIM stocks that I have invested in have all been a technically sound risk like this one and I am proud to think that my research can find them - the only reason they do not succeed (e.g. SXX+) is because of the sculdu££ery and greed when humans, money and a position of power mix ('human politics'). I have stayed with this one because 'technically' it is still a good investment for a 'Reasonable RoR' - but from an human behavioural pov I have some suspicion that we retail investors are being played [behind the scenes]. I fail to understand why EU and the Czech Republic /CEZ have not moved more briskly to get this asset realised - especially in the wake of Chinese EV manufacturers/ battery suppliers getting more and more established in the West. This lack of impetus is fundamentally a long term risk too far for the citizens in EU/UK and there will be terrible consequences. I really hope that EMH does not get bought out for pennies and that KC has not been fobbing us off over the years with a plan to take a lucrative offer just for himself !!! The project timeline is now at the 'barbed wire fence' / locked gates for retailers who have trusted what has been communicated to media and what market RNSs have recorded. We have been patient for long enough now - timeline needs to become more energised to begin the project in earnest - please take note KC - our 'Reasonable Rate of Return' depends on it !!!
This is it for 2023 - Q1/24 started (in effect) - Wishing you ALL a Very Happy & Prosperous New Year.
Been here along time (aka bobminor) and know that 2024 will be a +/- pivotal year - just so long we get shafted (mining term ⛏⛏. ) and head 'underground' - it will become a + year !!!
🤓
Https://www.chomutovky.cz/2023/12/27/prunerov-o-tezbe-lithia-na-cinovci-rozhodne-skupina-cez-pristi-rok/ link translation (summary):
"The lure of foreign Czech governments, which created some of the worst conditions for doing business, many foreign investors quickly saw through and didn't even have to look hard, because the collapse of many companies that had more than a hundred years of tradition had to frighten even investment adventurers, not to mention seasoned colonizers of European economies led by Germany and France. These countries in the Czech Republic completely control the food trade and significantly influence orders in transport constructions, where they also own many quarries, and thus Czech entrepreneurs have lost their influence on pricing, when they buy raw materials in the Czech Republic from Western companies, which also mine many raw materials here and they determine the price for non-competitive Czech companies."
Important to watch this and be aware - stock in US went from $1 to $500/share very, very quickly !!
https://youtu.be/6OcrfE17AiI?t=829
Was it manipulated - you decide.
My sentiments exactly 007.5
They say there will be more liquidity in the markets in 2024 - let's see if we are still here to benefit in ANY way.
Graphene IS the future for all sorts of engineering and scientific solutions to create a far better World than exists today - just think that our timing may be out of quilter a bit and that VRS doesn't dump the retail investors that have kept it afloat !!
GLA
Sharealot - I have sent KC many emails and in his ignorance has not answered any - even though one that I sent did help with establishing the use of electric mining equipment very many years ago for the PFS/DFS as recent presentations indicate.
Not withstanding sensitive market information - I feel that so many CEO's and BoDs and the market itself are in it to make extraordinary amount of spondoulies for themselves and, ultimately, sod the retail shareholder by taking a nice sum off a cheap takeover. Something that I reminded KC recently about. His current position having been created off the back of retail investors from the early days of submission of EMH to the market to raise funding (AIM). I have always been respectful to him. We do not expect an overly greed RoR but WE DO NOT expect this kind of [sp] manipulation for such a logical investment be it a long term one. I want to see >£1:06 sp in the next few weeks.
When I finally reach any kind of financial goal(s) from AIM then I will leave it and demote it as much as possible for the many similar moments that I am witnessing here. My frustration with investing in AIM emboldened me to take up 'day trading' over the years in which I have more success from small and frequent trades - probably because 'I FEEL that I am MORE in CONTROL' of my failures and my successes. Three things that could provide you with what you want in life - psychological and emotional strength, timing and money. Just now, waiting for US TECH 100 to kick off and more volatility in Brent Crude for a small profit today - I HOPE ;-))
We retailers may have to tae more of this if we are to keep out the big boys at a very, very low sp if they are watching developments at HE1 and also believe like us that there is huge potential of a global Helium resource (they have better figures from their spies, sorry I mean researchers) then swoop in to eject the retail investors they call 'maggots' so that they can reap the benefits of our kind gift of 'exploration' and beyond leaving the lowly LTI AIM investor high and dry - not that much unlike SXX did with their polyhalite mine. CEO came out of it very well indeed.
Gee - I hope that I am wildly off the mark. I am staying to the bitter end.
Chairman doesn't instil confidence !!
"The EU market is going to be begging for Cinovec to come online!"
and so it should but only when it happens, with us still holding, will I feel better than the most cynical investor in AIM that I am.
LFP battery tech looking likely to become an EV range improvement that could be the trigger for increased volumes and cheaper products for the masses.
https://cleantechnica.com/2023/12/04/bmw-ix-with-one-battery-pack-drives-978-km-on-single-charge/
"The electrification of car sales is a significant goal for European manufacturers, but they face major obstacles in achieving it fully by 2030. While battery technology has made progress, a new analysis by Transport and Environment (T&E) reveals that European manufacturers are struggling to secure the critical minerals needed for electric vehicle (EV) batteries. According to T&E’s analysis, less than 20% of the estimated demand for cobalt, lithium, and nickel has been secured based on publicly disclosed contracts. This represents a significant risk to the ability of car manufacturers to achieve their electrification goals. However, six manufacturers, including Volkswagen, Ford, Renault, Stellantis, BYD, and Tesla, have managed to secure long-term contracts for these critical minerals or have implemented a substitution strategy."
https://www.motorblog.com.uy/en/noticias/challenges-and-strategies-of-european-car-manufacturers-in-obtaining-critical-minerals/305608/#gsc.tab=0
EU is a real mess !!!!!
What I am happy abut at this stage Sid is that the price of LCE quoted in the PFS has by no means been exaggerated - one could call it realistic in terms of the long term prediction being a reduction in price that is still above that quoted in PFS+ and identified as being profitable even for further reduced prices in mined Lithium. That tells me a lot a bout KC and his foresight of the supply chain cycle (long term) - but the risk to LTI's is; if you dangle a large enough carrot to the BoD they then may want retail investors to accept a low sp for the remaining 49% buyout - I hope that my cynicism is not too overgrown and that we will have an sp at >106p (min).
In anticipation ...
You have to copy whole link and paste into search engine