Member Info for CityOfDelight

Who thinks this company does not need new leadership, and why?

"Fast-tracked permitting"

Well lets see if that actually happens. European government are not particularly well known for fast walking pace

I'm still optimistic though

Jemesa, you are mixing up 2 completely different things.

The June 30 EIA deadline is for the JTF grant. If that date passes the company could reapply for a new grant however even if successful that wouldn't come in another bunch of months or years, so it would have massive consequences for cash needed this year, and if the JTF grant does not come through, additional equity raising would likely be needed.

The €360 million grant on the other hand is a reimbursement for funds spent and is at no risk of expiring, but it also doesn't help cashflow in the period leading up to FID.

Skelly, you're right about production status, however your other points are questionable as these mines POSCO and Mineral Resources are involved in have staggering amounts of debt and would seriously struggle at lower lithium prices.

And while investing in EMH is obviously way higher risk when it hasn't even been permitted yet let alone funded and built, there is also more potential reward.

Some interesting coincidences in the above mentioned deal, both in regard to resource size as well as some other details.

But the question isn't whether there can be or are offtake or buyout discussions. The question is if and when anything actually happens.

So I'm not going to make any predictions on future lithium prices whether they will be higher or lower than today, however it is a simple fact that real demand for EVs (including hybrids) is increasing at an unprecendented level (even taking into account some fake numbers from China).

This, amongst other reasons is why I think 2026-2027 could be a very good time for lithium stocks. Sure some of them will fail, but those that succeed can potentially do really well.

Just curious what other people here are invested in besides for EMH.

We had already have an answer from Skelly, so this question is for others.

I do think there is a seismic event brewing but I'm not sure if it's good or bad.

Well like they say, think good and it will be good.

Clearly, the news Jemesa is expecting is that POSCO is bypassing the corporate structure entirely to personally fund Geomet's 2.1b Capex by executing a High-Altitude Stealth Drop Jump directly over the Cinovec site.

The EBRD dropping their stake to 4.86% yesterday was the tactical signal that the airspace was clear. By falling below the 5% legal disclosure threshold, they effectively removed the project from the regulatory radar, allowing POSCO to swoop in and deliver the actual payload via a fleet of heavy-lift stealth drones without alerting the exchange. This coordinated maneuver was heavily foreshadowed in the footnotes of the December 23 DFS, which contained a secret treasure map if you fold the net present value sensitivity charts into an origami swan. The Green Flashing Light isn't a metaphor it is the actual tactical landing beacon for the drone swarm.

By the time the retail red-bull flippers see the parachutes, the project will have already achieved Super Convergence, leaving the market buffoons wondering how the funding arrived without a single RNS ever hitting AIM.

No, actually this might be perfect for you.

https://www.erbd.org/

ERBD can help you choose a clear path for success!

Disclosure: I do not work for this company

By the way, just to point out, there is no entity known as the ERBD.

I'll repeat what I said in a less cynical way. Just a few months back EMH repaid loans/interest with equity. I would not be surprised if EBRD loans money to EMH and is repaid with some equity. There is already recent precedent for this. This would be a potential way for EBRD to "help out" EMH without massively increasing their exposure.

Either they're being paid to downramp, or they're very bored.

If it's the latter I have a lot of sympathy, because I have suffered from boredom in the past.

If I was cynical I would think EBRD is selling off their shares at market price to buy back in with a placement/capital raise at a significant discount.

Going to have to hard disagree here.

Whether viable or not, Tanbreez resource size is much bigger than Cinovec. Completely different beasts obviously (low grade heavy REE vs medium grade lithium) but if we're talking value of resources in the ground CRML wins hands down.

The lithium exploration licenses that EUR and CRML have in Austria and Ireland are a red herring. Those are indeed much smaller than Cinovec with a combined value of probably not more than a few million dollars. There is no evidence that the market is valuing the lithium projects at £60m, although obviously I wish they did.

And that's especially true when you only have 2 pennies

Unless you're planning to live forever and have no expenses ever, putting all of your life savings into a volatile illiquid asset is a terrible and also stupid idea, even if you are 99.99% sure that it will eventually 10x

So 2 pennies?

Let me clarify something else you might not be aware of. "European Lithium" actual do not have any exposure to lithium at all except for their 37% stake in CRML. CRML already own 100% of Wolfsberg. The idea that any inference from the value of the proposed EUR/CRML merger can be made to EMH is plain nonsense.

European Lithium / CRML actually have very little exposure to lithium although they do have the optional upside. They are mostly being valued on Tanbreez + cash.

Wolfsberg would still likely be unprofitable or barely profitable at current lithium prices.