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“The scope and direction of further work will be determined by the involvement of CEZ, as, and the degree of DIAMO's participation in the project of the Lín ore mining of the Cínovec ore district. In June 2020, ongoing information will be provided on the progress of the work, ”
Surely this is not very positive considering DIAMO is a czech owned mining competitor of EMH?
"Last but not least, Volkswagen has set itself the goal of promoting lithium production in Europe in the medium term - there are relevant deposits in Central and Southern Europe, for example. Several production steps are required before the lithium enters the cell: First, the raw material is extracted from the rock, then processed in chemical processes to produce concentrate and hydroxide, then processed with cobalt, manganese and nickel to form a mixed oxide, applied to an aluminium foil, inserted as a wound foil into the cell housing and mixed with electrolytes. As many of these steps as possible are to be implemented in Europe in the future."
fingers crossed it comes from EMH
two small sells and a 10% rise LOL
how sure are you the DD checks will be completed in december? From the previous RNS a date of 31st dec was set for the loan, i cant see anywhere saying specifically when the dd checks would be completed by - it could quite easily be by 31st march next year...
Looks like cez are buying geomet shares not emh...?
https://twitter.com/czechlithium/status/1196919746836385792?s=21
Emu just tweeted a deal has been reached, rns out when aim opens ??
https://www.investi.com.au/api/announcements/emh/6c0c3e9d-b04.pdf
12k sells and 25k buys and the SP still goes down LOL
where do you get this information from regarding the amount of sellers between buy prices?
https://investors.albemarle.com/static-files/969f499d-cde7-4244-9ff3-6cc4f14f1d8b
A mention of Cinovic on page 8...interesting read.
https://europe.autonews.com/suppliers/catl-hikes-investment-german-battery-plant
looks like catl have invested in a plant a couple of hours away from cinovec....
page 3 spells out the future financing a bit more clearly...
seems as though we have enough cash flow to cover the next quarter and still have some in the bank....hopefully the due diligence check is finished on time..GLA
out
Does anyone know when the mining rights EMH own at cinovec expire?
the end of December the due diligence checks should be complete by CEZ as far as i believe.