Member Info for CityOfDelight

Same person who was confident the DFS would not be released in December thinks the EIA was not submitted in time.

And the same person who thinks the €360 million grant from the Czech Government is worthless because it doesn't even cover half of the increased capex, thinks that potentially losing the JTF grant would be an unmitigated catastrophe.

The current economics of the released DFS are not ideal. But Geomet does have other options besides building a mine with a negative NPV and hoping for the best.

I also don't know anyone who thinks lithium carbonate pricing will still be below 20k by the time we are in production. Though just a reminder it is possible to keep the lights on with a negative NPV. It's just not economically worthwhile.

Yeah, a takeover in the 20s would likely be rejected by shareholders

If Skelly actually believed the market is overvaluing EMH, she would post more often when the share price is more expensive, and less often when the share price is cheaper. Instead Skelly is just using the share price going down as confirmation bias, and mostly quiet when it goes up.

Skelly, where did you get your 2 numbers for NPV breakeven? The DFS says the breakeven point is US$20,500. And there shouldn't be a big difference between pre-tax and post-tax NPV at the breakeven point as most of the tax would be on positive income, if there is no positive income there would be little to no taxable income. There is also a lot of info missing from the DFS so actual breakeven point could higher or lower.

Some people prefer to buy high and sell low. To each their own

Jonesy64 Please post pictures if you do

@mick88 what price do you consider fair value?

9 months pregnant.

9 months and a week.

9 months and 2 weeks.

9 months and 3 weeks.

People keep saying "any day now."

But if that were true,

it would have happened by now.

This seems to be the consensus of the bears.

@Fingersxed Please get help before you do anything dangerous or stupid

@Blonde-ad good they're not doing much work, so no need to keep the lights on

On a serious note, the amount of money which needs to be spent between DFS and FID can be considerable. I'm 99% sure they have enough cash to keep the lights on for months or even years if they weren't actually running a company.

I am not here to spread FUD

I am just correcting false claims, like false claims that the project is fully funded or the false claim that EIA does not need to be submitted by the end of December 2025 in order to be eligible for the JTF grant.

I agree that EMH is seriously undervalued, though it will remain highly speculative until the DFS comes out

Those calling out newcomers as trolls are not actually helping anyone in any way

I’ve counted posts that attack a person rather than their argument, e.g.:

Calling someone mentally unwell (“sick person”, “needs a mental health practitioner”)

Name-calling (“numbskull”, “numpties”, “brainwashed”, “troll”, “split personality”)

Mocking intelligence or motives rather than addressing facts

I did not count:

Harsh criticism of management (e.g. “KC must go”, “incompetent CEO”)

Sarcasm aimed at ideas or predictions

General frustration without targeting an individual

Rough numbers from the excerpt you posted

Total posts in this snapshot: ~120–130

Posts containing clear personal insults: ~20–25

That puts it at roughly:

≈ 15–20% of posts contain personal insults

Who they’re aimed at

Skelly85 is the most frequent target

KC (CEO) is the most frequent subject of criticism (often harsh, but not always personal insults)

Insults come from both bulls and bears, not one side exclusively

Pattern worth noting

Insults spike during missed or disputed timelines (DFS dates, funding risk)

Technical or factual posts (links, EIA info, lithium chemistry discussion) are mostly insult-free

Threads polarise quickly: once name-calling starts, replies escalate fast

Bottom line

This board is argument-heavy and emotionally charged

About 1 in 5 posts cross into personal insult territory

The majority (≈80%) are still arguments, opinions, or information, even if blunt

@AICommand if you have a Crystal ball why don't you make a more bold price prediction. Or better yet give us your predicted date for the release of the DFS and EIA

Also, where's the money for the interest payments going to come from? No one is giving us an interest free loan. It will take time until enough revenue is being produced to pay off even the interest payments on any serious loan.

They needed raise money to product the DFS (which has been delayed multiple times), and you think they won't need to raise any money for capex? Really?

@Fingersxed in an ideal world your right. But the chance they will manage to get the full amount without needing to raise capital is near zero. As for your spend the money, apply for reimbursement, get remimbursed, rinse and repeat idea, that might in theory work if there were no deadlines, but doing would at the very least slow down the project by a number of years, and probably also lead to grants expiring.

@Fingersxed you've got to be kidding me. With CapEx potentially well over a $1B and EMH have nowhere near enough cash to pay for their 49% share, they are going to have to raise cash. The grants already announced will help to reimburse some of the costs (which still need to be raised even if they are reimbursed later), but there is no plausible scenario that they can pay for it without issuing new shares, AI fantasies notwithstanding. Debt facilities and potentially additional grants will help but claiming they will cover everything is pure fantasy.

It's true that the share price appears adsurdly low compared to NPV, but you also need to consider that there will almost certainly be significant dilution, and we don't know what price the dilution will happen at, nor the extent of the dilution.

I came here to read people original thought's, not AI slop. I can and have, gotten plenty of both useful and non-useful information from AI, but I don't copy paste everything spewed by AI all over the internet.

I'm not providing counter-arguments because I am invested in EMH so I'd be very happy if Fingersxed's unrealistic best case scenarios take place.

Or maybe I'm reading to much into his words

Moving the goalposts again. Is he admitting it won't be ready in the first half of December?