alex are you able to post our latest news on this site , last post was 2018 .
Reference to Buffet , Buffet buys when everyone sells and sells when every one buys : Lithium stocks are getting hammered every where , Gold is the hot stock at the moment including cannibis , have a peek at some charts :
Lesson here , Buffet would be Buying .
si90 . it is what we see with our online trading platform , yes some sit on side line but it is a very strong indication of what the total market looks like , and also shows any buyer or seller where they may like to sit with a bid to sell or buy , it also shows us the strength of the buy or sell side , generally also we are also not able to outbid a last sell by more than a pip , There is no chance in hell that 99% of traders sit in the dark pool here , just how we operate and how ASX is organised , but off course that all changes when there is an ASX announcement , but then again most players will set there orders for all to see .
Got a better one sid : Tesla has expressed its intention to develop and produce its own battery cells. During the 2019 Annual Shareholder Meeting, Tesla CTO JB Straubel and VP for Technology Drew Baglino, together with CEO Elon Musk, spoke about the company’s need to secure large-scale battery cell production. Musk even commented that Tesla could end up in the mining business to acquire the necessary materials for its vehicles’ and energy storage products’ cells.
fp the pfs was never a : PFS was a balls up : the fumbknuckles just did not take time to understand it , the current DFS is no different , just some higher numbers , and a greater need for Li . This time round expect we PFS at 50,000 tonnes or more , VW will need it .
Aussie mining companies will never do fix price fp , and am certain KC wont either . Just not kosha . By the time we sell I think Hydroxide will be closer to $20 k a tonne ( Joe Lowrie thinks $17 k p/t ) , don't forget we have one of the highest qualities of hydroxide and this will attract a premium .
And one thing for sure Phil , I do not think the project will need a BFS ( bankable feasibility study ) B4 we get project finance , these are normally required when projects are thin of profit , EMH oozes plenty of profit and margin , anyone with an envelope can do the sums on the back of it and work that out . Cost of production $4,000 sell $14,000 , just a no brainer .
Share dilution was always going to happen brady , be it CEZ or VW or any other partner or cap raise . The trick is now to get our share price as high as possible b4 any of them offer any money to progress . The higher the share price the less dilution . I still believe and have posted in the past ( you may like to look it up ) that our end game may only have 350 million shares . Either which way 3 years ago my spread sheet had a figure of 500 mil shares still means double figure share price going forward after production , pending on all the variables EMH will be between $10 and $30 a share . Pending if you are an optimist or pessimist .
The most they can go for is by OUR ASX rules sid is 20 % without shareholder approval . Our price will get a lot higher soon with the recognition we are now getting in the press .
And from Babis himself sid :
PM has been interviewed by MF DNES ( belongs to his holding ) and there he used different language:
„ CEZ will therefore, through its subsidiary company North Bohemian mines, cooperate with European Metals Holdings, who owns Geomet. It has already obtained some necessary permits to explore, so it's convenient for our state. If CEZ evaluates the lithium project as profitable, can become a shareholder in the EMH and participate in the future mining and cashing profits“.
Somewhat softer approach from the man .
Lithium sell-off hitting reverse
Hyundai is apparently hatching plans to produce the fully-electric Kona at its Czech plant from the first half of 2020. So far, the Kona Electric has only been manufactured in South Korea from where it is exported all over the world.
The plans were reported in Business Korea, revealing that Hyundai not only wants to produce hybrid versions of the Tucson in the Czech Republic but also 46,000 units of the Kona Electric in the coming year – almost as many as will be produced this year in Ulsan, South Korea (48,000).
The plant in Nosovice is to emerging as Hyundai Motor’s largest overseas production base for electric cars, and the company has already scheduled the production of the Tucson Hybrid and Tucson PHEV at the Czech site. Hyundai wants to invest 105.7 billion won, the equivalent of around 80 million euros, in its Czech value. The majority of the sum is to be invested this year, as series production is to start in the first half of 2020.
With production in Europe, Hyundai could greatly reduce the long waiting times for their compact electric SUV – provided the Korean company can get enough batteries. The article in Business Korea did not report on a battery strategy for the move. The units produced in Korea use battery cells from LG Chem. The Korean company also operates a production facility for the automotive industry in Wroclaw, Poland.
One of the challenges facing the electric vehicle industry is battery supply. In May of this year, Tesla’s global supply manager stated that the company is planning for a shortage of key battery materials. Automakers are working to vertically integrate battery manufacturing into their business to ensure that they will have access to batteries when needed.
By law col EMH management can only offer up to max 20 % holding without shareholder approval , they would have a similar holding to Candence our number one holder now . Now , I am sure , if the offer was for substantially more and the price was right , and pending our share price at the time , I am sure the board would seek shareholder approval . I believe the inner circles has aprox 60 mil voting rights , which is aprox 40 % so the balance of us shareholders have the power to say yey or ney .