Member Info for daveri007

Wouldn't Newcrest management be singing their hearts out informin their shareholders as to the significant worth of Telfer/Paterson Elephant country/Havieron to their shareholders in order to get the offer price up.....they haven't .....anyone know why!?!

If the Paterson is elephant country for gold and copper deposits why would Newcrest/Newmont even consider divesting Telfer, isn't it the only processing facility with town/accommadation and airport/transport system and especially when the already discovered "Monster" Havieron gold/copper deposit on its door step!

Not even sure why folks here consider it a possibility and worthwhile hours and hours of debate!?!

Makes sense now why KC was instructed by CEZ to engage/appoint Luthardt Investments given the cross border mining approach!

Shame we have had no update on the 31st December 2022 1st tranche options expiry date.

https://www.thesun.co.uk/health/22266395/new-alzheimers-drug-donanemab-treatment-clare-oreilly/

I know ....the salami slice is in full swing here for sure - it's all political strategy!

Definitely @Green - I think like CEZ are holding back on their gigafactory....its all leverage/Negotiation/blackmail - hopefully the EU will respond positively now that all gigafactories in Europe are being held back!

Time to act or the CRM act/Green deal is worthless!

Interesting - I believe he has an involvement with FIL (Fidelity Investments)

Strange...considering FIL sold out

https://www-newstream-cz.translate.goog/zpravy-z-firem/volkswagen-postavi-gigafactory-na-baterie-v-kanade-o-tovarne-v-cesku-se-rozhodne-az-za-dva-roky?_x_tr_sl=cs&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

Unfortunately Volkswagen have said they will not be making a decision on their CEE gigafactory for another 2 years (2025).

Citing a poor economic environment compared to the US and it's IRA subsidies....They have said Europe will just have to wait until it becomes competitive!

I sent an email to HH asking if he had the full support of OG II's ....he hasn't replied yet - nor did he answer the same question in the investor presentation (maybe because he knew Fidelity were on the way out). If I get a reply, I will share here!

Same Paul, written off my investment and unfortunately given the grim outlook wasn't prepared to average down or thankfully wasn't prepared to sell at such a large loss...anyway, another chance to get our money back and some!

Good luck all - maybe really quickly with a discovery at Velocette or with M&A over the next 24 months or so!

For clarity here is the list of the 39 licensed companies:

https://www.norskpetroleum.no/en/facts/companies-production-licence/

For Japex they have negotiated a super fast entry into the lucrative Norwegian O&G market at a low upfront cost & with low ongoing opex and with very little risk!

They have taken a 49.9% stake in LBE Norge AS -(to be renamed LBE Japex) and as such immediately benefit by being one of only 39 companies in Norway to hold a licence for oil and gas assets (compared to the uk with over 130 companies.)

They also leverage from the infrastructure and expertise of the LBE experienced management team.

For LBE, a rescue plan that gets them back on track providing the necessary finance to execute their strategy to become a full-cycle E&P company focused on growth through value additive M&A transactions and with the drill-bit on tax efficient exploration.

A win:win - looking forward to the big build!

However, the delivery of the DFS will enable KC to tie down the debt financing/grants etc which is positive. I also expect off- takes to be announced (subject to the latest bulk samples being a success) and possibly the FID subject to permit(s) approvals.

We all know what happened to Rio Tinto's JADAR project in Serbia. High risks = High rewards.

I remain hopeful given the importance of the automobile industry to the Czech Republic.

Be great to finally receive the DFS but in my opinion in isolation it will have little impact on the share price. When we see significant progress on the EIS then this will fly!

maybe because it has a timeline restriction

Isn’t KC the chairman (cough) - must look good on his business card when booking restaurants - but come on - it’s all being run at Geomet thankfully - I’m glad for clarity that he is now doing very few interviews which is a good thing because he can’t help exaggerating hence providing false timelines!

Listen he’s a caretaker - not a leader - he has never had the ambition to bring on multi assets in the lithium space but to answer your question who is better - my goldfish for one!

If carlsberg did rescue plans….your looking at it! They say no dilution but for sure a Loss of half of any future Norwegian assets but let’s be honest here - there wouldn’t have been any given the management failed - anyway for new investors at these low price entry point it’s a great deal to jump on board! ( you can’t blame the Angel investors like Fidelity International Ltd bailing out - given its not what they signed up to)

Also CEZ in my opinion may be leveraging the gigafactory plans (with lots of employment in the region) for a successful outcome on the mine approval!

The granting of the Cinovec mine permits are high risk and timeline wise out of the full control of CEZ - they want the mine signed off first - be silly to build a gigafactory next door if there is no raw material inbound - good to see their full focus on the mine development.

There is plenty of ore at Cinovec so CEZ don’t need to worry about not getting first dibs!