Member Info for EV_Bull

https://youtu.be/cu1u90A2BDA
Time stamp 34:40

Hi, this question was asked during the latest Q&A, I’d recommend you watch it.
TLDR; There is a clause in the contract with the banks that handles this eventuality, so it shouldn’t be a problem.

EMH -43%
Raise +£4m
HAS £905k -> £5.1m
LT/LS £803k -> £1.8m+
Amapa 0% -> 27%

Yeah. Quite a bit has changed since 31st Dec though.

Effectively the most pessimistic valuation it is possible to come up with gets you back in to the 20s (100%+) and the best is easily 10x that (20x).
Adding at these prices should work out very well.

I haven’t updated it yet with the latest quote but my understanding is here: https://www.reddit.com/r/CadenceMinerals/comments/q800za/amapa_details_on_the_49_option/

I agree with Observer’s assessment and in the worst case you also have to consider that Indo need our expertise and may not even have $9m to facilitate the buy back, let alone they would then need to fund 100% of the project, we have been brought in to help because we have access to financing and funding, that is part of DipC in the JRP.

Quite a few things to highlight from the presentation.
"loading a cape size at our port but half loading it then taking it out to the amazon to fully load it this allows us to achieve a lower cost in terms of a ton of shipment to China".

This is a really big deal in terms of shipping costs, very happy to hear that.

Yeah, I was just wondering if Keith/Geomet could be in negotiations that EMH bod (Lincoln Bloomfield Jr) aren't aware of so he could still be allowed to buy. Clearly Keith was talking about signing deals so maybe so?

Oh, we were talking about Lincoln Bloomfield Jr's recent share purchase.
https://www.investi.com.au/api/announcements/emh/c98486f9-d7e.pdf

"The Company is always represented jointly by at least two Executives, with one of the agents being Executive B and one Executive A"
EUROPEAN METALS (UK) LIMITED Business share: 49 %
Severoceské doly as Business share: 51 %
https://opencorporates.com/companies/cz/27752976

No matter.... I found it and he's not on the board:

Board of Directors:

Managing Director A:
DAVID HAJMAN
Date of membership: 27 April 2020

CEO B:
KEITH DUDLEY COUGHLAN
Date of membership: 27 April 2020

CEO B:
KIRAN MORZARIA
Date of membership: 27 April 2020

Managing Director A:
Mgr. MARTIN POHLODEK
Date of membership: January 13, 2022

Chairman of the Board of Directors:
Ing. LADISLAV STEPANEK
Date of taking up office: 13 January 2022
Date of membership: 29 April 2021
Managing Director A

Number of members:
5

Do you have any source for who's on the Geomet board please? Nothing on his profile or appointment:
https://www.investi.com.au/api/announcements/emh/eef8de14-63f.pdf
https://www.europeanmet.com/board-and-management/
Was expecting it to be Keith and one of these:
Simon Edwards - Corporate Development Manager and Chief Operating Officer, Geomet s.r.o
Richard Pavlik - Executive Director - Richard is the Chief Advisor to the CEO of Geomet s.r.o.,

The SP would be a consideration at the time based on if it was worth doing or let someone else fund it and stay at 27%, clearly not worth diluting at current price however the good news is that the PFS will be released before that is even considered. Perhaps EMH will have recovered by then or Ganfeng buy Sonora from us, a lot can change in a few months of course.

He is a non-exec so how much is he privy to exactly? Doesn't mean Keith isn't in any negotiations in my opinion, or perhaps the negotiations are with Geomet directly and he may not be party to that?

Very positive news... great questions and great answers, well done KM

Decent day for EMH so far GBX 40.00 8.11% +3.00 Today - that's about +£0.5m to KDNC

See below for the context, certainly interesting timing but I think VW (Skoda) are more likely to strike a deal for EMH.
EV_Bull
RE: Tesla Cinovec. Here is the German Artikel.14 Jun 2022 15:31
This is the original newspaper that is referenced:
https://www.saechsische.de/altenberg/investiert-elon-musk-bald-im-osterzgebirge-5702663-plus.html
"Sächsische.de has received an anonymous letter claiming that Tesla boss Elon Musk will come to the Eastern Ore Mountains in June with a clear goal: "According to my information, he is very interested in buying into the logistics of lithium mining." , according to the anonymous sender."

EV_Bull
RE: Tesla Cinovec. Here is the German Artikel.14 Jun 2022 12:38
Thanks for posting the link up,
Worth remembering what Keith has said recently, certainly possible something has leaked from somewhere.
https://youtu.be/Egnk8VfzIZU?t=35
"I think there'll be some some positive developments that have come out of this trip and the next one which is planned to be very soon you know we'll be able to update the market on those developments as soon as we ink them"

lol, stuck record.... It's going the wrong way Bannor, can you drive it down a bit more please...

I don't care Bannor, if you want to drive it down to 5p for me I'll gladly double my holding. cheers.

"No amount of sophistication is going to allay the fact that all of your knowledge is about the past and all your decisions are about the future."