Member Info for EV_Bull

It all comes back to this for me:
[The banks] "Fiduciary guarantee cannot prevent the continuation of the business of the recovering company, especially to the point of hindering itsuplift."

Yes Advanced Guardianship i.e taking ownership sooner.

https://pedromaganem.jusbrasil.com.br/artigos/280562057/o-pedido-e-liminar-de-antecipacao-dos-efeitos-da-tutela-ou-de-medida-cautelar-breve-analise-do-atual-e-do-novo-cpc
https://salomaoviana.jusbrasil.com.br/artigos/154572967/decisao-liminar-e-decisao-que-antecipa-a-tutela-nao-ha-razao-para-confundir-uma-com-a-outra

"The request for interlocutory relief is the means by which the Plaintiff asks at the beginning of the process to receive what is requested in the action ahead of time, which would be the moment when the judge finishes judging the case."

Could it be us filing a request to get ownership and make the banks unsecured to counteract the banks appeal?
Would agree it's linked to the banks appeal in some way

Yes, very interesting, would love to know who filed it though.

(DEV MINERAÇÃO SA) CNPJ.: 06.030.747/0002-50 Makes public that it REQUESTED at the Municipal Secretariat for the Environment, Urban Development and Housing of Santana — SEMDUH, PRIOR LICENSE to exercise the activity of WASHING INFRASTRUCTURE, located on Avenida Santana n° 420, Neighborhood: Port Area in the municipality of Santana - AP.
http://www.jdia.com.br/ver_noticia.php?noticia_id=16451

The project is progressing at pace, the current SP is around my avg @Obs so all good with me, only a matter of time.

Indeed very bizarre Y.

Okie dokie,
No idea who's signed what when or where, how could I possibly?
Now about those accounts?...

hahaha
So first, tell us honestly how many accounts you've set up here over the past several years 5,10,15?

Yeah, LFP batteries look to be the way forward for short to mid range and stationary storage and is safer too. I expect Nickel to still be used for longer range though.

I’ll tell you once I’ve seen your valuations, wouldn’t want to influence anything you know.

It seems you’ve been here a few years and yet your account is new? Don’t happen to have any other names do you?

I believe the deal will come off and I believe the assets are worth more than the market cap. Simple as that. Time will tell.

Boobla (and all of your other aliases) feel free to share your own valuations, you don’t have to agree with mine.

It's a bit more than that Y:
Nick2151
Today 10:16
"Iv been absolutely slaughtered on here for weeks now for daring to say hes lying about the bank settlement "
01 Sep 2021 07:57
"KM has been misleading share holders"
26 Jul 2021 17:26
"There’s no doubt in my mind that KM hasn’t been straight with shareholders over the bank settlement"

Indeed

Unlikely, it depends on how you word it mrC.

The bottom line is:
"[The banks] Fiduciary guarantee [over the stockpiles] cannot prevent the continuation of the business of the recovering company, especially to the point of hindering its uplift. As per of Article 47 of Law No. 11.101/05. The Reorganization Court has the competence to decide on any act that interferes with the judicial reorganization plan."

The banks have no option but to sign (Hugely Detrimental), which is why it seems very silly that they have been taking so long.
I expect because one of state owned banks perhaps feel they have to exhaust every legal avenue, even if it is futile, prior to eventual signing maybe even they realise it's daft. There are 15,000 jobs at stake in Amapa, I highly doubt the courts will allow this delay to go on indefinitely. With any luck, the outcome may lead to the deal being signed.

I don't think anyone expected it to take this long, especially when the courts (and ports) seemed to be indicating it was about to conclude, however, personal abuse towards the CEO and calling them a liar is libellous and out of order in my opinion. I have said before, I am sure he wouldn't want to divulge too much on the situation because it is being picked up by the legal teams of the banks etc. I am personally in no desperate rush for the deal to complete and will wait as long as it takes because the prize is worth it. I also see plenty of value in the other assets being realised in the next 12 months.

If it matters to you Nick I was buying the majority at 15p so my average is much lower that you may think.

regarding "why hadnt some of the more major resource companies hoovered it up"
The major players have mines that are 5x bigger than this, Anglo sold it to focus on Minas Rio.
That added to the legals meant the bigger players weren't interested.
That's why it fell through the gaps and presented us with the opportunity.
This can still be hugely profitable for us but it's not going to interest those that play in the big leagues.

My only question is how much will Ganfeng be willing to pay us for our 30% JV holding, no doubt in my mind that an offer will be forthcoming in the not too distant future.

Not much to report in the last few days but It's been a lovely few days weather wise, so i've been outside, some of you should try it ;-). I have shares in several companies where an update once every 3-6 months is normal so I don't really feel as needy.
I see nothing wrong with the recent written update which was very positive in my opinion. I accept your point regarding the more interviews the better.
I believe the lithium assets alone are worth more than our existing market cap, I believe the Amapa deal will happen, I don't personally worry about the share price because I am not selling and shares at this price which significantly undervalues the company in my view (my fair value is at least 45p pre-deal) and i'm fully loaded. If you still have the ammunition it's in my view a good (and unexpected) buying opportunity as somebody wanted / needed to sell a significant stake. I think most of us understand the potential value won't be reflected until the deal is done and it is what is is, not much you can do about it, yes we'd all love our shares to constantly rise every day but i'll gladly take a 200% jump one day instead if that's what happens.
Given that the Amapa news can land at any time and Ganfeng are likely to be knocking on our door I'm confident that we will soon have some realisation of the true value here.

Indeed, and if you’ve seen the number of battery factories planned for just Europe alone and they all need lithium (and graphite, nickel etc)
Just today Britishvolt has broken ground on their uk gigafactory.
https://twitter.com/britishvoltuk

It’s nothing to do with belief in the CEO. It’s about a legally binding JRP being followed and the remaining precondition of the banks. The JRP is being followed, Geralds are shipping as per it and the works and hiring have started.

If you haven’t noticed there is a global chip shortage affecting car production and shortages of shipping these temporary factors reduce demand for steel (duh) the ore price is way above the prices the JRP is based on and if you are so good at predicting the iron ore price why don’t you make your money doing that?

Or check out the Lithum price which > 50% of our market cap is based on.