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Hence https://www.marinetraffic.com/en/ais/home/shipid:649952/zoom:13

Any deal with Amapa should be greater than book value and book value is a 4x from here so there's a lot of room to run should the new year bring lower interest rates and some liquidity to AIM.

Page 10

https://www.cadenceminerals.com/wp-content/uploads/2023/11/Cadence_PPT_V.1_2023_11.pdf

Exactly right doc

Electric mining equipment, not mining at night etc

I was just giving an example but there were plans to dump the tailings somewhere and now they will be stored underground and backfilled I think that was part of it.

Yep, shoulda, woulda, coulda sure I know.... Hopefully Amapa delivers us a decent return one way or another in the new year.

Mining underground costs more but is more socially acceptable.

Mex gov could well be tempted to reach a settlement far before the arbitration date. Xi may pull some strings, wouldn't rule it out.

If you want guarantees buy gov bonds, outright sale of Amapa probably looks attractive now for all parties involved.

I think we have a good chance of successful arbitration against Mexico and a significant pay out there would help.

A JV or buyer for Amapa and then Dev paying off the banks and resuming shipping in the not too distant future.

A couple more months for EMH DFS is unfortunate but not as bad as the market reaction IMO, still backed by CEZ. A recovery in lithium prices is needed though.

Sure can’t say I enjoy the price being this low, but there is the market price and the underlying asset value and they don’t always correlate for various reasons. For example just last month one of my holdings HOTC had a buyout 300% above the market price, clearly the market price was wrong.

The EU critical minerals vote passed today so another boost for EMH to coincide with the DFS.

Cyclical industries/commodities that are highly volatile better to buy at the lows than the highs.

1 Month ago and surely due any day, should provide a boost:

"The pilot programme data is now being used to confirm design and engineering for the ongoing Definitive Feasibility Study (DFS) being completed by DRA Global and which remains on-track for completion in the current quarter, and also for the post-DFS detailed design."

"Cadence and REMML have requested consultations and negotiations with Mexico with a view to resolving the dispute amicably." Surely we'd accept a $ figure larger than our market cap to sell it at this point in time to them as an amicable resolution.

There is plenty of case law for their actions being illegal and compensation would be due in that scenario, no win no fee type legal arrangements exist but I'd expect Ganfeng would be happy to fund it for us anyway as it strengthens their case.

I do agree, if you need to do a lot of rapid charging it's probably not right for you at the moment, due to the cost/time that's where the PHEV's suit certain people. For those that only do 3-4 trips a year requiring rapid charge or households with two cars it does make sense. The batteries, charging tech and infrastructure will continue to improve though.

Try https://abetterrouteplanner.com/ you may not need to charge as much as you think.

AMLO will be gone soon with his legacy of destroying the Mexican lithium industry before it began, so hopefully someone with some common sense can come to power and reach an agreement.

The problem is that you and many others highlight a journey you may do once or twice a year to then say EV's are unviable. Most of the time of the time they are fine for most people, there is always a 5-10% of journeys that may take a bit longer but many households have two cars and can have at least one as an EV and for those that can charge from home especially. You then get the associated savings on maintenance, tax, fuel etc and none of the stated drawbacks. Regarding the insurance cost though I personally have found very little difference and all insurance premiums have gone up, especially if you compare like for like (cost and performance). You are of course rich enough not to care about the potential savings or cost differences but there are benefits such as pre-heating in the winter, better acceleration and not polluting or breathing in so many fumes that many also enjoy.

Some second hand bargains to be had in the EV market now for sure with 8 year battery warranties on most also, many 2 year old cars are half the initial price, I have also just bought a 2nd hand EV recently.

How's the depreciation on that £48k car though, 2021 was about the peak for car prices?

Devon to Gatwick or Heathrow is easy do-able with many of the longer range EV's and then ideally you plug in when you park up and return with a full battery. There are also rapid chargers nearby but the airports need to start putting the slow chargers in place to accommodate the growing numbers of EV's. EV's have around 20% market share of all new cars now 25% including PHEV's.

https://www.zap-map.com/ev-stats/ev-market

China are certainly well ahead especially supplying most of the battery materials. Maybe we should get a move on opening up some lithium mines in Europe! DFS any day now surely.

We must have a slam dunk case here seems like a positive step towards getting this all sorted out.