Member Info for degsie

IMO Zinnwald is not priced into BCN.
https://www.bacanoralithium.com/projects/zinnwald-lithium/
NPV Euros 428m.
Bacanora has an option to acquire the outstanding 50% interest in Deutsche Lithium held by SolarWorld for €30 million. The Company has reached an agreement with the administrators of SolarWorld to extend the option period from August 2019 to February 2020. Under the agreement, Bacanora has also agreed to invest a further €0.5m in Deutsche Lithium through to the end of the extended option period. In the event that Bacanora does not exercise this right within the above stated timeframe, SolarWorld has the right but not the obligation to purchase Bacanora's 50% interest for €1.

Kiran Morzaria, CEO of KDNC who own just short of 20% of EMH and a director of EMH, spoke very positively of deal with CEZ on Feb 10th in an interview with VOX Markets. He shoild know what is going on.

Mr C . You must be the life and soul of party. Never look on the bright side must be your motto.

See RNS issued by KDNC today

I am surprised that there hasnot been a positive reaction to KM''s interview.He speaks well of the prospects for EMH, MMS, Amapa and the JVs with BCN and Hastings. He was also reassuring about raising funds for Amapa. I''d give him an A+. News on Amapa , EMH and BCN is imminent.

He mentions JV with BCN

Missaing words are: vox- markets. co.uk,

Reviews of EMH, MMS, Amapa and JVs with Hastings and BCN.
Very reassuring.
****************************/articles/q-a-with-cadence-minerals-ceo-kiran-morzaria-74524ff/

Five articles about EVs and batteries.

Mid price in Oz 16.5

I asked about negotiations and received reply saying that they are ongoing.
Although Amapa is important other assets are worth more than market cap.

I asked about negotiations and received reply saying that they are ongoing.
Although Amapa is important other assets are worth more than market cap.

See my post of January 23rd - Value of Zinnwald???

Up 10% in Oz

https://www.investi.com.au/api/announcements/emh/6e4a0bf3-624.
Deal with CEZ progressing.

Response from KDNC to email.

As to updates – when we have something PSI we will announce it – we are still in active negotiations with the banks.

As BCN's optiom expires in February we should know before end of that month.

BCN acquired 50% of Zinnwald in February 2017 for €5m+funding a feasibility study at a cost of up to €5m. BCN has option that expires in February to acquire the remaining 50% for €30m. Total cost €40m. The NPV8 is €428m
Peter Secker, CEO of Bacanora, commented, "With a €428m NPV and 27.4% IRR, the FS confirms a battery grade LiF operation at Zinnwald that has the potential to generate significant value for shareholders. The €58.5 million in annual earnings that the €159 million capital investment is forecast to generate in each of the 30 years of mine life, the strong position on the global industry cost curve, the conventional processing route, and the exposure to fast-growing end markets such as EVs, all add to the compelling investment case that Zinnwald represents. With numbers such as these, we are keen to realise the Project's potential to become a leading supplier to the fast-growing European battery and automotive sectors at the earliest opportunity. We are already working hard to secure strategic partners to develop the Project and we are actively considering a public listing for Deutsche Lithium, our 50%-owned subsidiary that holds Zinnwald, to help achieve our aim.

EVs, China and the global lithium market
After reaching US$17.4 billion in 2019, the global EV lithium-ion battery market is expected to reach US$95.3 billion by 2030. China has set its sights on dominating that market growth. The Asian nation already accounts for more than half of global lithium chemical production and more than two-thirds of the world’s lithium-ion battery production. According to Metal Bulletin, “Growth in Chinese lithium compound production and the rising number of companies able to supply good quality lithium both domestically and overseas have been a major factor in transforming lithium into a commodity as well as a specialty chemical product.”
https://investingnews.com/innspired/new-lithium-sources-emerge-outside-the-lithium-triangle%c2%a0/?mqsc=E4107190

EVs, China and the global lithium market
After reaching US$17.4 billion in 2019, the global EV lithium-ion battery market is expected to reach US$95.3 billion by 2030. China has set its sights on dominating that market growth. The Asian nation already accounts for more than half of global lithium chemical production and more than two-thirds of the world’s lithium-ion battery production. According to Metal Bulletin, “Growth in Chinese lithium compound production and the rising number of companies able to supply good quality lithium both domestically and overseas have been a major factor in transforming lithium into a commodity as well as a specialty chemical product.”
EVs, China and the global lithium market
After reaching US$17.4 billion in 2019, the global EV lithium-ion battery market is expected to reach US$95.3 billion by 2030. China has set its sights on dominating that market growth. The Asian nation already accounts for more than half of global lithium chemical production and more than two-thirds of the world’s lithium-ion battery production. According to Metal Bulletin, “Growth in Chinese lithium compound production and the rising number of companies able to supply good quality lithium both domestically and overseas have been a major factor in transforming lithium into a commodity as well as a specialty chemical product.”
https://investingnews.com/innspired/new-lithium-sources-emerge-outside-the-lithium-triangle%c2%a0/?mqsc=E4107190