Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Waiting for EU to update response to US IRA
https://czechia.postsen.com/local/99096/The-Gigafactory-in-the-Czech-Republic-is-being-postponed-Volkswagen-prefers-the-USA.html
No surprises really....as we all know down to the EU to sh*t or get off the pot!
@skelly "No permits + No DFS = No Loans + No Grants"
I see you like equations:
How about Albert Einstein's theory of special relativity E=MC(squared)
E = European Metals
M= Mine (cinovec)
C = CEZ Group
squared = multiply be itself the PFS resource bi itself = the known total resource (100 year mine)
Critical raw materials, or cotton candy and rainbows?
https://www.euractiv.com/section/energy-environment/opinion/critical-raw-materials-or-cotton-candy-and-rainbows/
Just how much do the Czech Republic Government want a deal with VW regarding its CEE Gigafactory!?!
https://www-ceskenoviny-cz.translate.goog/zpravy/dopad-gigafactory-v-linich-plzen-vycislila-na-12-miliard-kc-stavbu-dal-odmita/2333622?_x_tr_sl=cs&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc
Opening Speech by Vice-President Šefcovic of the European Battery Alliance held in Brussels yesterday.
https://ec.europa.eu/commission/presscorner/detail/%20en/speech_23_1328
VW Chairman of the management board Thomas Schmall meets with the European Battery Alliance and tells them what needs to happen and happen fast.
Good news at last!
https://www.linkedin.com/posts/thomas-schmall_europe-technologies-future-activity-7037005168223100928-tZgJ?utm_source=share&utm_medium=member_desktop
Well I agree with you on that point....KC is not an entrepreneur in my view (made no efforts to build a multi asset business)...he's just a caretaker which is why I think he will be forced to bail out well before....hope I am wrong...amyway either way he would be negligent if he exits before the £2 mark
You can be rest assured that once the DTM is announced with all permits in place then the market will look at the whole resource when looking at valuations - pointless Geomet doing expensive exploration drilling at this stage because as you know there is already enough to provide a bankable DFS!
Don’t forget the updated PFS only represents 10% of the known resource at Cinovec and it’s only based on a low lithium value compared to market rates -
if we miraculously stay along for the ride as miners then in my opinion £4 is conservative….
but still a few critical hurdles to navigate yet over the next 18-24 months especially the EIS but I remain positive because regardless of where VW and others decide to build their gigafactories in Europe they will all still need lithium which we have in abundance! ATB
Obviously he won't sell especially at these heavily discounted prices .....like us I'm guessing he believes he's on to a good multi-bag investment but where he's different he constantly ****s it off just incase it doesn't come to fruition.....he just cant bear the possibility of things going completely wrong which we all know could happen with any investment!
Maybe high risk mining where you need to keep a cool head isn't the best sector for him!
translated link:
https://www.prumyslovaekologie.cz/info/cesko-a-gigafactory-otazky-a-odpovedi
Mr Day is very good at leveraging a potential high risk multi-asset business at the expense of the retail investor….surely you are not dumb enough to realise that new investors are benefitting at the expense of LTH”s who never got out when Gervaise exited the business…I feel sorry for CB who was left holding last! GLA
so on a lighter note......it's my birthday today and I really couldn't remember how old I am....so I typed in on google "how old are you if you were born on the 7th feb 1966?"
the answer was positive "