Member Info for daveri007

yeh a premium is at doubles today is 15p - maybe 18p.....wyloo with their warrants are quids in

VW political leverage can only help spring board Cinovec lithium into a feasible mine.... so its a win win as far as I am concerned!

"Jack and the beanstalk springs to mind!
Great Q&A
Well Done Shaun"

more like "Little Bo-Peep has lost her sheep"

Definitely VW leveraging!

Volkswagen Group is waiting to hear for Europe's response to the U.S. Inflation Reduction Act before progressing with plans to build further battery plants in Europe, the automaker said on Wednesday.

The Financial Times reported that VW is pausing plans for a battery cell factory in eastern Europe and prioritizing building a plant in North America where it could reap 9 billion to 10 billion euros ($10.54 billion) in subsidies.

Asked about the FT report, a VW spokesperson said the automaker is still evaluating suitable locations for its next cell factories in Eastern Europe and North America and no decisions have been made yet.

"We stick to our plan to build cell factories for about 240 GWh in Europe by 2030, but for this we need the right framework conditions. That is why we wait and see what the so-called EU Green Deal will bring," VW said on Wednesday.

https://www.reuters.com/article/volkswagen-batteries/awaiting-an-ira-response-volkswagen-pauses-decision-on-eastern-europe-battery-plant-idINL8N35G1K9

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!

without news the s/p will go back down and the traders will make their few quid!

@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!

oops

https://www-prumyslovaekologie-cz.translate.goog/info/cesko-a-gigafactory-otazky-a-odpovedi?_x_tr_sl=cs&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

translated link:

https://www.prumyslovaekologie.cz/info/cesko-a-gigafactory-otazky-a-odpovedi

Hopefully the gas lift on his ergonomic office chair has finally broken after doing very little but spinning round on his office chair for the last year(s)!

Come on KC give us something to be positive about!

All quiet on the eastern front!