Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Harvard's says solid state battery lasts as long as lithium iron phosphate
https://youtu.be/8jFHNe3eMMQ
Interesting article .
When the penny drops :
It seems there is enough money in EU to
lend out to critical raw materials projects in Europe , Finance should not be
an issue for EMH and /or EUR , INF etc
We now have money ( Loans ) coming in from
European Investment Bank ( And they have been mandated to do so in a big way )
. They wont do any more than 50 % of a project though . Their mates ERBD (
subsidiary ) have plenty too to lend out , but assuming only half of EIB 50% .
Then these two new funds , but assume they will be looking for equity , may be
able to provide the rest , lets hope at a much higher market cap so not too
much dilution .
Sum sums'
Lets say $1 bil USD needed for Cinovec
EIB lend $500 Mil
ERBD lend $250 mil
Germany Provide $100 mil
Inno Energy Provide $100 mil
Free Just fund $50 Mil
or any combination of above .And this does not include any further EU
grants , or any Prepaid offtakes and possible equity by offtakers .
Maybe this is what it will look like ?
EIB lend $400 Mil
ERBD lend $200 mil
Germany Provide $100 mil
Inno Energy Provide $100 mil
Free Just fund $50 Mil
New EU Grants $100 mil
New prepaid offtakes $50 mil
This is all but showing there may not be
a cap raise via normal channels . In Either in EMH or Geomet
Going to be some very interesting times
, particularly if anyone wants some shares in the world and you are not Germany
or Inno Energy . Sitting on 5 exchanges , I’d expect some stiff competition to
get EMH shares around the world .
For you Skelly .
https://hotcopper.com.au/threads/not-gunna-be-enough-lithium.4689737/page-2222?post_id=72338220
Wander where these guys will get their lithium from ??????
Mercedes, Stellantis Battery Firm Nears €4.4 Billion Debt Deal
https://www.bnnbloomberg.ca/mercedes-stellantis-battery-firm-nears-4-4-billion-debt-deal-1.2032892
Whisper is Mercedes & BMW
Q&A With Keith Coughlan of European Metals Feb 2024
https://www.youtube.com/watch?v=3IiABAICtWo&ab_channel=ThePickMagazine
https://ec.europa.eu/commission/presscorner/detail/en/speech_24_705
Anyone know how much pennies in the Cadence bank account ?
Global electric car sales Dec. 2023 up 40%YoY to 22% share. China sales up 46% to 37% share. Europe down 29% to 28% share. USA up 42% to 9.8% share.
https://seekingalpha.com/article/4667917-ev-company-news-for-the-month-of-january-2024?mailingid=34258153&messageid=2850&serial=34258153.2087&utm_campaign=rta-author-article&utm_medium=email&utm_source=seeking_alpha&utm_term=34258153.2087
Just a thought Blonde , digging a hole after permits really aint that hard , so I could believe mining in 2 years , and stock pile till plant up and running after . Just maybe , thinking out the box .
“Any value chain is as strong as its weakest link. In Europe, materials is the weakest link", said Diego Pavia, CEO of EIT InnoEnergy in #Davos today.
This is why we are delighted to launch the EBA Strategic Battery Materials Fund with a target size of €500M, in collaboration with Demeter. The Fund is dedicated to the development of a resilient and diverse battery raw material supply chain for Europe, boosting domestic capacities for strategic battery materials such as lithium, nickel, cobalt, manganese, and graphite.
Société Générale acts as the exclusive financial advisor for the capital raising.
The Fund was announced today at #WEF24, alongside European Commission EVP Maroš Šefčovič on a panel hosted by Capgemini.
#EBA250 #EuropeanBatteryAlliance #CriticalRawMaterialsAct
and i said these were bull**** skelly . did i mention dfs here ? no you are full of over exagreated crap . seems to me you are very young and don't know what long term holding means . what you really want to advocate for is getting rid of bots and shorting , and one of my favorites is compulsary 5 year business plans from all of the companies on any exchange .
i call this bs skelly " funding imminent, licences imminent, environmental studies imminent every year for years and they didn't happen. " just an imaginary exageration . and this is fact ?
I call this BS Skelly " funding imminent, licences imminent, environmental studies imminent every year for years and they didn't happen. " Just an imaginary exageration . And this is Fact ?
Maybe next month Leon
EXTENSION GRANTED TO ALL CINOVEC
EXPLORATION LICENSES
https://announcements.asx.com.au/asxpdf/20240129/pdf/05zt61gcm76m03.pdf
We don’t have a specific date for that, because it depends on things beyond our control. But we think it’ll enter into force around Easter time this year. So just over a year after we proposed it, which is incredibly fast.
https://source.benchmarkminerals.com/article/ultimately-its-about-making-sure-that-we-keep-real-jobs-here-in-europe-qa-with-the-eus-peter-handley?mc_cid=f16496a3ae&mc_eid=374acfbc40
" I wonder what those companies who must of done their own due diligence on EMH and I assume they too looked into the share holder agreement along with the fundimentals of the company and invested, did they take a chance???would they of took a chance on their investment getting bought out for substancialy less than they bought in for by some dodgy agreement ,I think not, " Well said SID
Morning Tom , Happy Australia Day . Lamb on the Barbie today ? A becoming contentious public holiday for us today because of you lot LOL .
$1 Billion Dollars Skelly for you information .
Accounting Standard AASB 13
Fair Value Measurement
https://www.aasb.gov.au/admin/file/content105/c9/AASB13_08-15_COMPfeb16_01-19.pdf
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