Member Info for Dhanteras

Have a look at the GGP price to understand how irrational the market can be. Will try and add IRR on dips. Maybe a losing strategy. Who knows. Win some, lose some. But in the meanwhile, better lithium plays out there.

It’s a relative game. IRR should do well in the long run. But in the short run I expect better upside in some of the other lithium plays. So yes, you can sit tight for 4 yrs or move your money around. Depends on your investing style. That doesn’t make you a ramper or deramper. It just means you’re making your money work harder.

Getting proven JORC MRE’s can take an awfully long time. I see Ironridge has nothing to say about the timeline.

I hold large positions in half a dozen lithium stocks including IRR. So what? 4 yrs is a long time to wait for IRR to be in production. With funding now done I believe this stock will tread water and move sideways for some time. No near term catalyst

The problem with this share is there is nothing more to look forward to till 2025. It’s just a process getting all permits, mining equipment etc. Most investors don’t want to sit on ‘dead’ money for 4 yrs.

I bought at 153 today. I fully expect a counter bid from Carlyle

What should be the price target for this share pre funding? Will Ganfeng sell their stake to VW?

I am sure if Keith put his mind to it , he could raise the cash to take this to production. However he is a banker not a miner. If he can make an obscene amount of money selling the company I believe this is what he will do. Why struggle for years if you have a ready buyer willing to pay cash?

Seems to be no merit in EMH carrying on as an independent. They certainly don’t have the cash to take this to production. Would not surprise me at all if Coughlan sold the company to VW. Let’s hope he gets a phenomenal price. Cez and VW can decide the way forward

For political reasons it is hardly likely that Ganfeng through BCN will bid for whole of Zinnwald. The more likely scenario is they will sell their stake in Zinnwald to the highest bidder or someone like VW. Or they might just hold on to their stake if profits at Zinnwald look attractive

What percentage of shares are being shorted at the moment? I can’t find any reference.

Ganfeng hold all the cards here. After takeover of BCN, they’ll probably offload their Zinnwald stake to VW for an obscene amount of cash.

Why do you look at only AIM? Some of the best lithium stocks are in Americas. Take a look at Neolithium, Lithium Americas, Standard Lithium

Technically EMH can’t pay anything for Zinnwald. They can only pay with paper, they have no money. There is no reason for Bacanora to accept EMH paper for a controlling stake in Zinnwald when the likes of VW or Cez can pay cold hard cash. If Cez manages to buy Zinnwald and then consolidate with cinovec, it will dilute EMH to buggery. I’m afraid EMH has no role to play in any potential consolidation of Zinnwald/ cinovec except as a junior partner taking instructions from Cez. Consolidation of the 2 projects will no doubt be appealing from a commercial viewpoint but the catalyst will be one of the big boys not EMH. It is not clear why Bacanora would sell its stake but if it did, It would probably sell to VW given the close relationship between Ganfeng and VW.

The situation of Zinnwald buying out the administrators shares using new shares is very different to EMH buying Zinnwald using new shares. Zinnwald now have enormous flexibility on the way forward. It removes a major uncertainty which could have dragged on for years. It makes the company highly bankable and allows them to bring in a strategic investor like VW if they so wish. My own opinion is that given the very close relationship between Ganfeng and VW , if Bacanora want to sell they will choose VW over EMH. Don’t forget VW will give them cold hard cash. Why would Bacanora want to own EMH shares who are only a minority shareholder in the cinovec project anyway?

EMH doesn’t have the money to buy Bacanora stake in Zinnwald. If they bought it with shares the EMH price would crash. If Bacanora do sell their stake, I believe it will be a strategic investor like VW or Northvolt.

Without Ganfeng technology this project gets a lot harder to do

Why would anybody sell if the share price is on the cusp of a 3x increase? Maybe there’s a whole lot of people who don’t believe in the GGP story. Even on this board there’s plenty of people nursing losses having bought at 30p+ not long ago.

Do we know why GH left?

Emh / geomet doesn’t have the money to buy Zinnwald. They would have to do a placing crashing the share price.