Member Info for daveri007

I just noticed that 10,000,000 options/warrants are due to expire 31st December this year at an exercise price of AUD 0.25 per new Share -they were issued back in April 2020 to a consultant (believed to be European Energy and Infrastructure Group) in consideration for services (over a two year period) and particularly in relation to the subscription by CEZ for 51% of Geomet.

At such a low price they will obviously be exercised .

So they will need to sell at least 3 million shares to cover the exercise cost - hopefully they sit on the remaining 7 million shares!

On the plus side another AUD 2.5 million dollars heading for the bank - and thankfully KC hasn't been too dilutive (of our retained 49%) lol

well said Jonesy - another large buy went through - only £10k but every little helps

https://www.greencarcongress.com/2022/11/20221113-bnef1.html

"Many European countries are successfully capitalizing on their supply chain potential but the trend of decline in the region this year indicates that growth in Europe is starting to be outpaced by North American and Asian countries. European countries such as Czechia, Hungary and Poland, continue to have advantages in their ability to provide cleaner and more sustainable supply chains. This will reinforce their growth ambitions and further their case as preferred destinations for investments in batteries manufacturing."

An EMH business case:

https://www.lowyinstitute.org/the-interpreter/race-lithium

Must be a seller (maybe KC family transfer/Divorce) ....not too difficult to buy!

Lack of liquidity and therefore ease in price manipulation. Don't worry though because it wont effect the end game!

The share cafe webinar was actually posted here Friday morning! :-)

Suspect this increase is very much due to the EU Raw Materials conference that kicked off today in Brussels.

The GGP blind and un-educated gang has arrived ...really quite embarrassing...I am entitled to my opinion without your school bully boy playground responses.....ignore if you don't agree but obviously facts hitting a sensitive nerve.

So easy for a weak CEO to issue shares and keep issuing shares - bad show really - now over 5billion shares in issue when most here was calculating 4.2 billion(Pacific trends included)...whats the next step?....oh yeh, a new listing on the ASX to disguise a share consolidation...MORE dilution will come not forgetting Mr SD...his handsome payoff for looking after his friends!

Dilution here has been off the scale!

.......that's projected to FID and DTM with all mining permits received - and at which time CEZ via its wholly owned subsidiary SEVEROCESKÉ DOLY would be able to buy our 49% shareholding in Geomet if they so choose.

@Sid How is " FAIR MARKET VALUE" worked out?

Take todays share price and multiply it by 8!

https://czechia.postsen.com/trends/59058/The-government-supported-the-construction-of-the-VW-gigafactory-near-Pilsen.html

https://czechdaily.cz/vws-decision-on-the-gigafactory-may-fall-by-the-end-of-the-year/

from 35minutes :30 seconds

https://media.cez.cz/webdav/storage/web2016/ospol/fileexport-s/pro-investory/informacni-povinnost-emitenta/2022-11/cez-group-q3-2022_ev00137551.mp3

https://www.youtube.com/watch?v=5GdsIFygc9E

Wake up @Paul...we are in open waters with the sharks circling....the lifeboats are taken by the rich!

Hey, I understand what you are saying (I really really really do) - to be honest he hasn't done himself any favours with long term shareholders what with his promises that have continually failed to be delivered on with regards to off takes and DFS etc

I personally think thats down to his lack of experience of mining....but he's definitely learning very fast now (as a stockbroker/trader money man) - he really has had too because this project is snowballing now very fast...Though unpopular with some, I think doing the deal with CEZ is transformational for EMH and will ultimately return shareholders a very very good return...and even better if he can take us all the way mining. GLA

@Skelly...CEZ have a "short list" for their own gigafactory in Prunov - VW via powerCo will in my opinion want their own technology and full control (still hope they chose Czech for their Gigagfactory)- - but dont you agree they like all other auto manufacturers still need a local European lithium supply?

Come on lets chill - forget the past and look at the present day market forces.....more luck than skill for KC but nethertheless you've got to be happy as a shareholder!

If VW selects Czech (The Plzen region - old military airport site) then yes because CEZ said today they are looking for new JV partner(s) to proceed with the prunov site (on the door step of Cinovec) because their original partner (presumably VW) needed a bigger site. (If they choose the Plzen region they will employ some 4000 people).

So agreed with @sporazene - will be good news for EMH because we potentially have two gigafactories to supply which will no doubt lead to an increased production - possibly a double or even triple shift in time....

Maybe this is why EMH had appointed Luthardt Investment GmbH with the following conditions:

Milestones

The options to be issued to Luthardt Investments are unquoted and are exercisable at AU$0.80 each on or before 30 December 2023, subject to the following vesting criteria:

(a) Tranche 1: on or before 31 December 2022, the Company receiving confirmation in writing in the form of a letter or other official correspondence from the federal government of Germany (or a department acting with delegated authority) or the Saxony regional government of Germany that it will formally support the Cinovec Project and the supply of lithium products from the Cinovec Project into Germany and use its best endeavours to assist the Cinovec Project in permitting and funding, apart from other factors.



(b) Tranche 2: on or before 30 June 2023, the Company receiving confirmation in the form of a letter or other official correspondence from the federal government of Germany (or a department acting with delegated authority) or the Saxony regional government of Germany that it will formally support an increased production plan for the Cinovec Project subject to supply security considerations for European manufacturers of Electric vehicles and batteries.