Member Info for colinH100

Ok, so Geomet own the resource and EMH own 49% of Geomet and CEZ, which is State controlled own 51% of Geomet.. This still means that the Czech Government through its holding in CEZ effectively controls the lithium resource. They are not going to lose control of such a valuable lithium resource. That is the important point.

OK Skelly, the Czech Government own 70% of CEZ. Any resolution their board make will be carried, so effectively they control CEZ. There is no way they are going to allow this huge lithium resource to be bought on the cheap or at all. Go and deramp somewhere else please.

Do you seriously think that the largest hard rock lithium resource in Europe, situated near the German, French and UK motor industry is going to be sold off cheaply? The Czech Government have a definite interest in the project succeeding. We just need the green light from them and the rest will fall into place.

I think you will find that the Czech State own CEZ so effectively have control of the Company.

Mick, as EMH is 51% owned by the Czechs through CEZ I don't think they will sell anything off for pennies.

As for Leon he should just go away and irritate someone else.

Give it a rest Leon. If you are that unhappy with the Company why not invest elsewhere.

You may not of noticed but there are other car manufacturers in Europe, for example Nissan in Newcastle. Perhaps these European manufactures would be interested in buying lithium from a more local and less politically sensitive source than China. Maybe Skoda, Mercedes, BMW etc.

Nope. The lithium has disappeared from the mine, Europe doesn't need it, the European motor industry has given up, CEZ are of the brink of bankruptcy.....

Have I forgotten anything Leon? What a load of pony.

Will the electricity bill have to be paid first?

I thought that sodium batteries could be suitable for energy storage but their bulk would make them unsuitable for road vehicles. Perhaps cars in the future can fit their batteries in a small trailer.

What about a "side bet" Skelly whereby if the DFS is published before the 31st December 2023 you never post again, and if it isn't published by then I won't post again.

Also recommended by the Motley Fool, not that's usually a good thing.

Up 9% in the United States.

Leon. what a load of old pony.

I doubt that the sale of your 50 or so shares would make much difference Skelly

Why don't you clear off and annoy investors on another board? Your getting beyond tedious.

I see your purchase of 49 shares went through this afternoon, Skelly.

I had no idea you had access to my financial records, Skelly

I had no idea you had access to my financial records, Skelly.

Look at the volumes going through rather than the price. No volume at all. This is commonly known as a "tree shake" and is done to unnerve small investors.