Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
@Phil - I was referring to high electricity costs consumed in operating a gigafactory - 5 times more expensive in Europe than us/canada and china. This is why VW delayed its CEE gigafactory.
"This company is no joke. Would Gervaise have got us 30% of Havieron"
Buddy GH has sold up in the mid 20p's......and he is now amongst other investments investing in water leak prevention....though he also is an advocate of not being interested in money!!!
Go figure!
European financial support is definitely required for European gigafactories given the current high energy costs compared to America and china - currently some 5 times higher which is not competitive or indeed viable!
European Lithium miners will prevail regardless in my opinion!
One of the key steps forward here will be a successful update on the samples provided to potential off-takers (expected q1) - samples based on the new "patented process cycle".
I remain confident on a successful outcome.
Guessing, based on previous experience - investors here will not hear anything until the next quarterly update due at the end of this month! Hopefully EMH will issue a back to back RNS for shareholders like last quarter...maybe they will update shareholders on the first tranche of shares to Luthardt Investment GmbH expired at the end of December 2022.....or maybe we need to use google yet again for our updates.
See
Are you still not understanding the dilution here.......add in all the options/warrants and there has been some 50% dilution for shareholders......didn't need to happen this way unless you are a gambling CEO praying for other assets to strike!
@bob Ellerston capital (an institutional investor) paid a premium to become a substantial shareholder - they paid A$1.40 per share - a total amount of A$13M - I think the inst investors at this stage also need results....so no different to retail investors though they paid more to join the lithium train!
@Jonesy64
"Seems to be a lot of it in here today. Daveri007 - I thought you had a conversation with Keith the other day? Has it all changed since then ???? "
"Dave007 - did you not say that KC was going to furnish us with some information in the New Year? The lack of any information is a bit unnerving!!"
Please can you not post false information - I have not spoken with KC - I assume you have me confused with another poster.
I am heavily invested in EMH and fairly happy with my speculative investment (high risk - high reward) ...I offer my research and opinions here only.
Like many here, we are expecting a lot of news this year which hopefully includes the delivery of the DFS followed by the FID and permit updates. Hopefully grant/loan news and off takes once the samples have been tested.
Shocking how many retail investors cannot read the market - they do not understand the energy challenges ahead caused by the Russian illegal invasion of Ukraine.... The European politicians have to fist make sure ordinary folk can afford to turn on their lights or even cook a hot meal...renewables have taken a back seat and the Americans are cashing in on the consequences of Europeans historically relying on cheap Russian oil and gas. Just take a look at the Germans reliance and indirectly the Czechs relying on the germans....A knock on effect that can only be controlled by the European Union and subsequent subsidiaries desperately needed to guarantee independence of raw materials.
https://www.energy-storage.news/companies-already-pivoting-from-europe-to-us-for-new-lithium-battery-gigafactory-projects/
https://www.lemonde.fr/en/european-union/article/2023/01/04/czech-industrial-model-shaken-by-energy-crisis_6010235_156.html
I see - they never normally do that - obviously dated it one day before on purpose - maybe because of bank holiday.....still bad transparency - not going to even mention the German "govt" letter bribe options that expired on 31st Dec 2022!
They will need to issue a TR1 if they got exercised!
Anyone understand why the 10million options given to EEIG that expired on 31st December 2022 with an exercise price of 25c are still showing on the "Statement of CDIs on issue" released by EMH today on the ASX.
How can they still exist as options at the end of December - they were either exercised or expired....What am I not understanding?