Member Info for Fingersxed

What would Sachs know they tell porkies and then start buying everything .

Fundies spy buying opportunities in lithium rout

https://www.afr.com/markets/equity-markets/lithium-price-rout-sifts-survivors-from-the-opportunists-20240123-p5eze7

Australia's oldest listed investment firm says lithium stocks turning attractive

https://auto.economictimes.indiatimes.com/news/industry/australias-oldest-listed-investment-firm-says-lithium-stocks-turning-attractive/107103400?utm_source=Mailer&utm_medium=newsletter&utm_campaign=etauto_news_2024-01-25&dt=2024-01-25&em=cmhvbG1lczIwMTBAZ21haWwuY29t

EBRD is Financing Cinovec !!

https://hotcopper.com.au/threads/not-gunna-be-enough-lithium.4689737/page-2126?post_id=72060617

Was all prearranged in 2020 .

• Facilitate the accelerated construction financing and ultimate

commercialisation of Cinovec, the largest hard rock Lithium deposit in Europe,

by assisting in:

o Sourcing construction finance;

o Securing grant funding; and

o Assisting in offtake introductions and negotiations.

by these : EIT InnoEnergy

Next stop : Priority projects will get fast tracked and other benefits including funding

Geomet team with Maros Sefcovic in Brussels

He is establishing a formal list of priority projects.

Should be announced Q1.

Priority projects will get fast tracked and other benefits including funding….

I have posted this B4 Green using $1 bil for capex EIB will do roughly 50 % ERBD roughly 25% lets say $700 mil . We have 50 mil from Just Fund , there will be further funds from CRMA lets say $150 mil so now got $900 mil , $50 mil a piece from offtakes and shazam we wont need to cap raise . Only some small amounts at most after thr DFS and FID is done made , we will be $2 to 4 bucks by then dilution not going to hurt us , specially when we confirm 60 k tonne production .

And it feels like they intend to hire those whom are quoting the works straight of the DFS .

Finance is in the bag , just need the FID .

Some things just fall into place .

The Project, a joint venture between European Metals and CEZ has been recently

funded to the amount of appproximately EUR 29m, taking the Project through to

construction decision and the purpose of the financing agreement with EIT InnoEnergy

(“the Agreement”) is to:

• Facilitate the accelerated construction financing and ultimate

commercialisation of Cinovec, the largest hard rock Lithium deposit in Europe,

by assisting in:

o Sourcing construction finance;

o Securing grant funding; and

o Assisting in offtake introductions and negotiations.

https://www.investi.com.au/api/announcements/emh/23b7058f-a35.pdf

Majority allocated to EU while 30 per cent is spent abroad

The fund will utilize at least 70 per cent of its resources on mining, processing, refining and recycling of battery materials within the EU and its neighbouring nations.

https://mugglehead.com/eu-investors-establish-c733m-battery-metals-fund-to-mend-gaps-in-supply-chain/

The finalisation of the capital and operating cost estimate is reliant on the timely submission of proposals by numerous external suppliers and contractors. The process of obtaining sufficient and diverse proposals is nearing completion. However, the Project study team has advised that receipt and detailed evaluation of such proposals is going to take longer than originally scheduled.

https://www.marketscreener.com/quote/stock/EUROPEAN-METALS-HOLDINGS--16256807/news/Cadence-Minerals-Plc-Corporate-Update-European-Metals-Holdings-EMH-Cinovec-DFS-to-be-Completed-in-45791745/

Scob , an article from the EU survey about raising the CRMA :

In terms of facilitating access to finance for critical raw materials projects, responses were more

heterogeneous. Among the proposals, the establishment of a level playing field to promote

transparency and good governance with partner countries stands out, supported by 78% (203 out

of 259) of the respondents, and better targeting existing EU funds to finance critical raw

materials projects of particular strategic relevance was also supported by 73% (185 out of 259)

of the respondents. In addition, many stakeholders highlight that the European Investment Bank

and European Bank for Reconstruction and Development should be more active in de-risking

priority projects and in financing projects related to primary raw materials.

https://ec.europa.eu/info/law/better-regulation/have-your-say/initiatives/13597-European-Critical-Raw-Materials-Act/public-consultation_en

Find summary report called Ares(2023)529454 in PDF

This is probably the biggest reason we will get finance " Granted we are a EU resource " Why did ERBD take a stake in EMH and want more when we raise for Capex . I grant you , i do not see any change in $1 bil for capex . But I have said that for three years . EIB and ERBD will be mandated to finance for the sake of the European car industry . Greed will be the catalyst when we finance scob . The only true trait that humans live by . When there is money to be made , all will come out of the woodwork rest assured . You are quite welcome to have your opinion that we wont bag 10/20 times upon finance and say it is ridiculous . Lets just say it costs $10,000 usd to produce Li and we sell at current spot market $13,000 ,( I believe this price to be pretty close to China cost of production ) , given KC hinting 60,000 tonnes production , is still $180 million profit p/a . $90 mil profit for our half with a price aearnings ratio of 10 still makes us close to a $1 bil market cap . So cant see any reason why we could not achieve a quarter of that after finance .

but i am not a negative nelly skelly , and the posts well others can judge if they are relevant or not , dont like them then don't read them . your posts have been disgusting in my opinon you have been running a very thin line of slander , you have obviuosly never been divorced to know how any of these proceedings work . my children were stolen from me for 6 odd years in my divorce and had to cough up $5 mil in cash in proceedings that also took 9 years . will make for a good movie one day . divorce is no fun at all . kc did what the courts told him to do . simple really . he was lucky to transfer shares , i had to come up with cash . ever had to sell shares in an iliquid market skelly ? that you worked so hard to achieve as a portfolio . as for emh and any mining stock really there are certainly scholared opinons not to jump in until finance , on any mine . or alternatively find an explorer and sell on discovery . two choices apparently . you did not listen to that advise , did you . it too , ruckin ****s me where we are at moment but that is is what life throws at us . i have buy orders at 20 cents , i'll take any shares you have left gladly . and then sell them back to you when cinovec gets financed at 10/20 bags . thats the way the market works .

Europe backs Northvolt with US$5 billion loan package

https://www.energy-storage.news/europe-backs-northvolt-with-us5-billion-loan-package/

No one has enough Lithium supplies yet .

I sort of half agree with you fireball , all waiting on EU funding . CEZ and the Koreans still talking JV , and woulld not surprise CEZ and VW are talking GIG factories too . No-one wants to spend a dime in case these funds eventually from EU are not retrospective . So we need the CRMA to be ratified and classs all Eu mine sites as critical . And then some funds . And I also concer with Tom Coves , a possible offtake late this month /Feb BWM and Stellantis hangin around .

Appendix 1 – Hard-rock Project Analysis

https://www.finnewsnetwork.com.au/Presentations/2023_PDFs/Lithium_Projects_Review_Final_Nov_23.pdf

That is why the European Commission must incorporate environmental and social considerations into assessments of value-addition linked to the CRMA and similar initiatives.

https://www.gulf-times.com/article/674499/opinion/europes-flawed-approach-to-critical-minerals

Https://www.chomutovky.cz/2023/12/27/prunerov-o-tezbe-lithia-na-cinovci-rozhodne-skupina-cez-pristi-rok/

Merry Xmas to one and all , and lets hope 2024 is a smashing New Year for EMH and the stock market as a whole . Have a great New Year .