Member Info for Fingersxed

Just food for thought if one player does a 10,000 tonne per annum offtake for five years and prepays first year it is currently valued at $825,000,000 at current market rates and our build would be basically paid for . Who needs a loan ? Just Fund of $50,000,000 wil pay the rest . I believe the capex to be close to $850 mil , What will we do with all the free Euro money . Ok $50 mil from Just Fund , $200 mil free Euro money and three offtakes paying 2,500 tonnes prepaid one year ( 2,500 x $82,500 x 3 = $618,750,000 ) also pays off the build . This is gunna be one hell of a mine when the puzzle falls in place .

When the jigsaw falls in place , type of valuation we may hope for :Investor enthusiasm has propelled a 275 per cent rise in Sigma’s stock this year, giving the company a market valuation of C$4.7bn ($3.5bn).
Sigma will have an initial capacity of 37,000 tonnes LCE at its hard rock mine .
https://www.ft.com/content/82d4c6af-b426-4c92-b7dd-05845cdd1382

Daver , I think you are slightly mising the point , this whole game is a huge jigsaw puzzle , the way I see it , the gig factories in Czech are a peice of the puzzle which will draw out an offtake and our partner to announce a decision to mine . Most entrepreneurs would have already made this decision , we are dealing with old management styles of a previous communist mentality . It will certainly announce whom our customers will be . I would think at least , LG will need the assurity of Cez decision to mine to invest vast amounts of money by them and others .

I will , if you ever answer any of my questions . LG is also looking at Poland , but who says they are not looking to put a second plant there . They really want one next to their car plant is what I read .
Simon Moores
https://youtu.be/uil3N7Pkh6A

Where are the facts for this ? " with your slander " ?
This is factual " The Práva source added that LG has been interested in the Czechia for a long time, and government representatives of the Korean company also offered locations in other regions, for example in the Karlovy Vary Region. But LG's attention is FOCUSED on northern Moravia and Silesia on Czech Republic .

Rodney Hooper
https://youtu.be/5clinqam4Jw

By the end of next year, the company also wants to decide whether it will eventually proceed to mining lithium, which is used for battery production. The Czech Republic has an estimated three percent of the world's lithium reserves, mainly in the Cínovec region of the Ore Mountains.

A giant factory for the production of batteries for electric vehicles, the so-called gigafactory, would not be built first in the Czech Republic by Volkswagen, but by South Korean LG. According to Právo, the company is at an advanced stage of confidential negotiations with the government and is interested in the Moravian-Silesian region. It would like to build the factory as soon as possible.

https://hotcopper.com.au/threads/not-gunna-be-enough-lithium.4689737/page-840?post_id=65204646

https://seekingalpha.com/article/4562629-ev-company-news-for-the-month-of-november-2022?mailingid=29903192&messageid=2850&serial=29903192.90&utm_campaign=rta-author-article&utm_medium=email&utm_source=seeking_alpha&utm_term=29903192.90

Le Maire also criticized the EU's own climate spending plans, arguing that they were too cumbersome and loaded with red tape.
https://auto.economictimes.indiatimes.com/news/industry/us-green-plan-should-be-wake-up-call-for-eu-industry-french-minister/95956408?utm_source=Mailer&utm_medium=newsletter&utm_campaign=etauto_news_2022-12-05&dt=2022-12-05&em=cmhvbG1lczIwMTBAZ21haWwuY29t

How slow are these people ? Just choosing the ideal destination took almost a year and a half.
No wander everything is taking so long . But interestingly enough that comment above is in past tense , so have they actually made their decision ?

The EU is in emergency mode and is readying a big subsidy push to prevent European industry from being wiped out by American rivals, two senior EU officials told POLITICO.
https://www.politico.eu/article/eu-hits-emergency-button-to-save-european-industry/

https://www.politico.eu/article/germany-france-biden-green-subsidy-inflation-reduction-act-robert-habeck-bruno-le-maire/

Lithium Miners News For The Month Of November 2022

????https://seekingalpha.com/article/4560374-lithium-miners-news-for-november-2022?mailingid=29795625&messageid=2850&serial=29795625.2833&utm_campaign=rta-author-article&utm_medium=email&utm_source=seeking_alpha&utm_term=29795625.2833

Vice-President Kris Peeters ( EIB ) meets Czech Ministers of Transport and Finance
https://www.eib.org/en/press/news/vice-president-kris-peeters-meets-czech-ministers-of-transport-and-finance

An exerpt from Talga Resources ( ASX: TLG ) find at ASX.com.au announcement 23 Nov 2022 , we will be seeing something similar soon as well . Iam thinking $500 mil fom EIB , nice round number
EIB’s potential financing commitment of up to EUR300m, pending final due diligence, credit approvals
and agreements, is foreseen to cornerstone and complement debt funding discussions underway with
a consortium of leading export credit agencies and international banks .

I assume you can't buy a coffee for 1 pound 72 in london , so how in the fruit do we allow our bueauracrats and politicians allow these financial institutions do BOT trading , and they call it liquidity . Our Banks would not accept the brokerage fee or profit/loss of .00172 pence into our banks .

Lithium Giant Says Global Lithium Demand Will Increase by 40% This Year
https://finance.yahoo.com/news/lithium-giant-says-global-lithium-143000703.html

Eye on Lithium: This European battery manufacturer is one step closer to reaching its gigafactory dreams .
RIO and InoBat will need to find a new source of supply !
https://stockhead.com.au/resources/eye-on-lithium-this-european-battery-manufacturer-is-one-step-closer-to-reaching-its-gigafactory-dreams/

I think this one needs to be read in conjuction with your post Sid .
Skoda Auto sees VW decision on gigafactory by end of year .
https://www.reuters.com/business/autos-transportation/skoda-auto-sees-vw-decision-gigafactory-by-end-year-2022-10-17/
Now I wander what they were talking about .

Something Joe Lowry said as well at last Thursdays Canaccord conference .
Oil Traders Moving To Lithium :
Lithium has grown from a niche market and is beginning to garner serious attention from giant oil and commodity traders.
https://oilprice.com/Energy/Energy-General/Lithium-Stocks-Could-Be-A-Buy-As-Rally-Stalls.html