Member Info for daveri007

Yes it seems you are right - the RNS wasn’t clear but the presentation is:

https://longboatenergy.com/wp-content/uploads/2023/05/LBE-Project-Skyline-Presentation-vFF.pdf

@happysparrow - the JV does not receive the potential 50m USD - that money goes to LBE (the PLC) in consideration for LBE (the PLC) divesting 49.9% of the assets held in the subsidiary company LBE norge which will be renamed LBE Japex.

This newly named subsidiary will receive access to the 100m USD investment fund which in itself can leverage further debt finance and if used to buy exploration or development assets can qualify for the Norwegian tax rebate!

Listen folks, put the past behind you...we all know KC was unable to deliver......our future now lies in the hands of CEZ.....I'm feeling quite excited now that we have a professional blue chip in control especially given the current market opportunities!

Must say this quarterly update is completely useless!

No update on the production of samples needed for potential off take partners that KC said would be available in Q1.
No update on permitting and re-zoning.
No update on Luthardt Investments - have some of their options expired or not ?

Nothing but a tick box exercise for the ASX regarding cashflow reporting which incidentally still refers to payments to KC's spouse.....Is he still married and if so what was the transfer of his shares ordered by the family court all about!?!

Hope this new Company Secretary gets on top of the poor/false corporate governance that KC keeps executing!

Anyway, we can only trust in CEZ to deliver shareholder value here because KC in my opinion has lost shareholder support!

No they definitely have not! - why do you think SD was not really present during his proactive interview today!?!

HOLD ON - But SPROTT are investors here....so means very little!

"Wishing all the very best to all true Greatlanders tonight/tomorrow morning"

Strange phrase that's common here - anyway - I'm guessing you mean good luck all GGP shareholders - or are you referring only to your cult!

https://newsnreleases.com/2023/04/26/great-northern-minerals-acquires-two-highly-prospective-lithium-projects-in-finland/

@Ben " ( and that’s just HAV) "

Thats the only potential near term asset this company has which although is a potential (unknown yet) great asset there is no certainty when it (Havieron) will be put into production.....It's clear that the market need more info before serious investors will come onboard.

It's not the critical raw materials act that is important here (its been revolving for some time now) - it's the European Green Deal that will change the landscape!

Any one have any ideas how many shares Cadence hold in EMH?

@Sid - I think she has more standard corporate governance issues to deal with that have failed....I have many examples but just one for starters would be - is why a substantial shareholder (especially one that concerns a serving board director) hasn't informed the company of disposal of shares from an invested company - Clue: Cadence Minerals who EMH have not issued a TR1 notification on their shareholding changes since 28th May 2021!

There are fines for this negligence!

My understanding is David Koch works very closely with KC's wife (ex).....maybe thats the reason who knows!

I personally think as a “cry wolf”caretaker he has more time on his hands than he knows what to do with!….My hope is GEOMET and CEZ are progressing with all the work so that we shareholders can get our 10 bagger returns from this low levels.

Just saying…

@Sid “some thing is stirring...”

Probably KC’s cappuccino which no doubt he is sipping on his infamous ergonomic office chair!

the EFF (Exploration Finance Facility) is simply a debt facility provided to LBE based on the Norwegian tax rebate system only - it is not a cashflow debt facility outside committed expenditure to exploration.

Many here do not understand it.....because they do not do any basic research a two year old could do!

Debt funding is very unlikely given the poor history of the LBE management team - As a locked in shareholder hope I'm wrong!

Other than a "discounted" exploration swap - how else can LBE afford to buy cashflow generative assets without an equity raise. CATCH 22!

Anyway better this than a further equity placing at these market prices!

Severoceské doly own 3 different companies (subsidiaries) , one of which is

REVITRANS, A.S - they are a key supplier for the provision of services in the field of road transport, quarry mechanization, reclamation activities, drilling and blasting works in the locations of Bílina and Tušimice.

They offer interesting work in the provision of professional activities in the locations of lignite mines and work connected with the subsequent restoration of the landscape.

Severoceské doly (100% owned by CEZ) are very experienced miners with over 4,000 employees throughout their mining businesses....Their un-matched mining experience in the Czech Republic is why EMH divested 51% of the lucrative Cinovec lithium/tin mine to the CEZ group (70% owned by the Czech Govt) - The synergy here is obvious!

To be honest, I have been thinking for a long time that GEOMET may farm out (contract) the mining to Severoceské doly and so can focus on the processing plant....Hopefully with the acceleration of the EIS permits via the green deal we may all find out!