Member Info for Fingersxed

Love this bit Lawrence ‘ Volkswagen alone will need 125,000 tonnes of lithium carbonate equivalent by 2025 and people still think we are going to build a 25 k p/a mine , laughable . Add Cez requirement 80 k and the rest we are so way undervalued

https://jalopnik.com/europe-s-heavy-electric-car-incentives-could-bring-lith-1844685284

Yes

learn more about emh ya better do that greenmachine b4 you say stupid things on here .

Only wish people will do their research " distinct possibility that we are all going to be diluted to death with new equity " Green machine read announcement 28th July " 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 It is believed that the whole capex will be funded and some working capital . there will be no further dilution at best extremely minimal

Livent is being approached by automotive manufacturers to increase lithium production capacity to meet demand over the next five years, to locate capacity closer to their consumer markets, and diversify production away from China, Graves said. The bulk of lithium hydroxide refining capacity is in China, with small volumes in the US, Chile and Russia. But with automotive producers building out global supply chains for EVs, they are looking to secure supply from locations close to their manufacturing facilities.

"It is increasingly clear that the current lithium industry pricing environment, the significant capital needs relative to available capital, and the way lithium supply chains have developed so far, will not be sufficient for what the automotive industry as a whole will need if its plans for EVs are to be realised," Graves said.
https://www.argusmedia.com/en/news/2130939-lithium-output-cuts-raise-prospect-of-supply-deficit

https://www.asx.com.au/asxpdf/20200810/pdf/44lbq7w5x68bdl.pdf

On our way folks

"If every EV company took their 2023 plans and went to the lithium market today, they'd probably only get about 15% of their needed supply of lithium," he said.

https://auto.hindustantimes.com/auto/news/invest-more-or-risk-supply-lithium-producer-warns-electric-vehicle-industry-41596871574582.html

Historically, battery makers like Panasonic Corp have contracted with lithium producers, though automakers are mulling deals.
I wander which auto makers , have been telling you all .
https://auto.economictimes.indiatimes.com/news/auto-components/sign-better-deals-or-risk-lithium-supply-livent-ceo-to-ev-industry/77425391

That can possibly be used to firm up commitments for minerals so that mining companies can get to work creating the mines.

Now Northvolt will have the cash to pay for $560,000,000 per annum of Lithium production ( 40,000 tonnes ) . Interesting , what if we ask for prepaid terms Half the capex paid for ?
https://cleantechnica.com/2020/08/06/northvolt-3-billion-for-2-battery-gigafactories-in-europe/

next seller is at 18 p only 30,000 shares .
18 sellers for 481,796 units from 18 to 30 p

I find it intriguing ant , that we may list on Czech exchange at the end of this month , you would think the Czechs would muster a minimum 5 mil share demand that will have to come out of Germany , ASX or AIM that the punters are not getting in front of the ensuing price rise , fool for them .

Volkswagen jumped two places in June, moving up to be the global No 2 electric car seller.
https://seekingalpha.com/article/4363406-ev-company-news-for-month-of-july-2020?utm_medium=email&utm_source=seeking_alpha&mail_subject=matt-bohlsen-ev-company-news-for-the-month-of-july-2020&utm_campaign=rta-author-article&utm_content=link-0

VW has publicly stated its medium-term goal is to support lithium projects in Central and Southern Europe. There are very few economically viable projects in the region, leaving investors with a short list of listed equities to choose from.

The EU has no meaningful lithium chemical production facilities; VW has announced plans to support mining projects in Central and Southern Europe to feed its German production base.
https://seekingalpha.com/article/4265367-european-battery-plant-expansion-and-implied-lithium-demands

A must listen re Northvolt supply : Latest Cleantech Talk Episodes scroll down to find
https://cleantechnica.com/2020/08/02/volkswagens-herbert-diess-has-a-plan-to-transition-to-evs-save-the-company-will-the-board-let-him-execute-it/

Great PR coverage
https://batteryindustry.tech/european-metals-holdings-partnership-agreement-with-eit-innoenergy-to-advance-cinovec-lithium-project/

https://www.mining-journal.com/energy-minerals-news/news/1391991/eu-to-help-funding-for-cinovec-lithium-project?utm_source=07%2F29%2F20-12%3A41%3A02-582+-+Return+to+base+Gold+and+silver+have+further+to+run+EU+to+help+fund+Cinovec+lithium+project&utm_medium=email&utm_campaign=07%2F29%2F20-12%3A41%3A02-582+-+Return+to+base%3B+Gold+and+silver+have+further+to+run%3B+EU+to+help+fund+Cinovec+lithium+project&utm_term=Return+to+base+Gold+and+silver+have+further+to+run+EU+to+help+fund+Cinovec+lithium+project&utm_content=195404&gator_td=wIUoL0hQX9GC3%2BrIiuOQOwMMYTYIdMtozsdg5CZ0ugZ%2BVVvdT0uGClGbbSlz%2FEvKd50P3NlJDSveOao73R6NaCtteiNfu98zzGiFru%2BTGmKLzo3X%2Fa3piKgYjRxwlrxu2DZI1jJjUay0a1fnDteMN983pKriOzmo8qZIP5l0cWf4sTZMX15Nv2i65Z0sWAINcgxQg12wFSo8qCVBUUGuimRiReoY9KS%2B5jlSfeiy6agMPaLRxcG4NsdLZoJAd9IYnnCV8vCeO6cL4GFuWH86rA%3D%3D

Words from our leader and he knows who has already called
https://twitter.com/CzechLithium?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

I bet he is itching to tell us they all called and we are going to produce 200,000 tonnes of Lithium Hydroxide per annum .
He is already letting us know on twitter

https://www.mining.com/european-metals-signs-deal-with-european-battery-alliance-to-advance-cinovec-lithium-project/