Member Info for Fingersxed

Lithium, now priced at over US$80,000 per tonne,
https://midasletter.com/2022/04/lithium-price-versus-reality/

LITHIUM ION BATTERY PIPELINE BREAKS THE 6 TWH CAPACITY BARRIER
https://www.benchmarkminerals.com/membership/lithium-ion-battery-pipeline-breaks-the-6twh-barrier/

Cause he told me .

KC heading over to Europe next week , also has a visit in Berlin , hope he is taking his favorite signing pen .

And the person at the helm of this endeavor — Dr. Herbert Diess — will be joining TC Sessions: Mobility 2022 for an online portion of the event that gives everyone, regardless of their location, a chance to tune in.

TC Sessions: Mobility 2022 takes place live in San Mateo, California, on May 18 and May 19. On May 20, Diess will join as special guest to our online analyst commentary to talk about everything, from the company's pursuits in EVs and autonomous vehicle technology, to his thoughts on the newer competitors like Tesla and how it has affected VW Group, to plans for the future.
https://au.lifestyle.yahoo.com/vw-group-ceo-herbert-diess-192002011.html

Volkswagen plans to provide faster charging, longer range, and more power for EVs based on its ubiquitous MEB platform, the head of sales and marketing for VW's ID family of EVs said during the recent UBS Paris Electric Car Day conference.
AND a lot more Lithium rquired .
https://www.greencarreports.com/news/1135613_vw-plans-faster-charging-longer-range-higher-power-for-its-meb-platform-for-mass-market-evs

Anyone had scalectrix racing track as a kid in the sixties early 70's doesn't the base of the vw look like one of those racing cars we had . Very Very simple .

Europe’s grid-scale energy storage capacity will expand 20-fold by 2031

https://www.woodmac.com/news/opinion/europes-grid-scale-energy-storage-capacity-will-expand-20-fold-by-2031/?utm_source=inside-track&utm_medium=email&utm_content=europe-grid-scale-storage-11apr22-iss167&utm_campaign=inside-track-apr-2022

The 14ha site in the Schwarze Pumpe Industrial Park is shaping up to be a major automotive development centre with Volkswagen, BMW, Porsche, Daimler, and Tesla among the companies picking up neighbouring real estate in addition to a number of high-profile lithium-ion battery companies.
https://thewest.com.au/business/public-companies/pfs-results-supercharge-altech-battery-plant-vision-c-6509969

Interesting for Tesla it is half way between his existing Berlin site and a possible Lithium supply in Cinovec Czech Republic , EMH .
I think this article is a real hint on what is about to happen . Mmmm High profile Li ion battery companies need local European supply . EMH is the only Eurpean supplier big enough .

Elon says :
"We will have exciting announcements in the months to come in relation to how we can accelerate the supply of Lithium "

Greenmachine rest assured the Deadlock Provisions are all based on Fair Market Value . And as such would be weighted toward all the peers in the industry I would suggest .

C/o BGunther on HC :
I see that EUR released an updated preliminary DFS this morning with some interesting assumptions...

They used an LiOH price assumption of US$26,800 and a 6% discount rate.

EMH's updated (Jan '22) PFS came up with a project NPV of US$1.938bn assuming LiOH of US$17,000 and 8% discount rate.

If you use EUR's assumptions then EMH's project jumps to over US$5bn!

with 49% of the project this = about A$3.3bn in value for EMH or a bit over $16 per share and that the stock is trading on an EV/NPV of around 7%. EUR currently trades at 18% EV/NPV based on these new assumptions

I'm not saying I agree with the EUR assumptions, but it makes an interesting comparison and underscores how cheap the stock is.
https://hotcopper.com.au/threads/ann-pfs-update-delivers-outstanding-results.6538808/page-308?post_id=60914388

We anticipate that commercial production will begin at the site in 2024.
https://www.fitchsolutions.com/mining/lithium-eastern-europe-emerge-key-producing-region-14-01-2022?fSWebArticleValidation=true&mkt_tok=NzMyLUNLSC03NjcAAAGDzmN4v3qPWYpMWwC4l-YN_cP-WfuGVdRKCaHBG7krr_sZWX0g1nF6VsF6ak9DQcofB_AvWRPJrV_0zNmErxWQeuNftkQflajID3H9m23e1xtYPr-hyQ

CHINA’S GEM CO. EYES MOVE INTO EUROPE’S BATTERY RECYCLING MARKET
13th April 2022 recycling
GEM Co, China's largest battery recycling company, plans to invest in Europe’s battery supply chain, as it looks to help customers meet proposed European Union rules that will mandate the use of recycled battery raw materials.

The Shenzhen-listed company will consider buying stakes in battery recyclers or battery materials producers in Europe, Zhang Yuping, head of battery recycling at the company, told Benchmark.

“Europe is a cluster for the development of the world's new energy industry. We definitely have a plan to invest in Europe,” Zhang said. “Europe urgently needs this link in the supply chain . . .

Funny thing is LLInv , the reality of where the gig facory is , is of no consequence , they will still need our Lithium where ever they build in Europe . Don't forget Tesla may build another Gig in Europe too .

From HC by me , Gasper , you better have a look at this chart , Contract prices for Uranium nearly always higher than spot and contracts went from 10 to 93 in four odd years , at that rate Hydroxide still can go  from $10,000 to $93,000 , essentially I think we will see some extraordinary history in the Lithium market ?   https://www.cameco.com/invest/markets/uranium-price??As with Uranium , they need to keep societies lights on , so will lithium need to keep us driving to work .

Getting old lucky , it is a little confusing some times , USD , Pound , AUD , Half a mine etc , this time AUD

HC discussion :
C/o SamMas : The only thing that really matters is to answer this question.
Under what circumstances would CEZ not move forward with production?
It's a strategic asset for their strategic industry
They are sitting on the biggest deposit in Europe. Deposit of a very strategic commodity
This is important for their strategic position as a country in Europe which has been left behind over the last 10 years and needs to play a catch up.
The value of this strategic continues to rise.

Would anyone be able to articulate under what circumstances would CEZ let the deposit be? I can't think of any.
Sam , that is the question I cannot believe the market has not answered " ?Under what circumstances would CEZ not move forward with production?"?At the moment there is none . The Czech Republic has many mines af all sorts of things , and Cez is involved in a lot of them , not like they have no idea what to do . Basic concepts of Cost = $5,000 a tonne and if we sell it for $35,000 a tonne we make $30,000 a tonne profit . And spot at $78,000 a tonne , the figures below could even double . ?If we make 30,000 tonnes Hydroxide we make $900,000,000??If we make 60,000 tonnes Hydroxide we make $1,800,000,000??If we make 90,000 tonnes Hydroxide we make $2,700,000,000?and it's only going to cost us a Billion to build it . Basic back of envelope stuff . ?Then again AVZ was only 14 cents 9 months ago now $1.14 an 8 bagger from 9 months ago . 8 Bag EMH from here will see us at $10.40  
https://hotcopper.com.au/threads/ann-pfs-update-delivers-outstanding-results.6538808/page-280?post_id=60834898

?"We are working intensively on both the lithium production project and the gigafactory project. " said Pavel Cyrani, Deputy Chairman of the CEZ Board of Directors.

The decision to mine has been made :The lithium mine and processing plant will employ about a thousand employees.  descriptive in present tense .

This is also a priority of our ministry, "said Minister of Labor and Social Affairs Marian Jurecka. "New renewable energy projects can be created in the region, as well as the production of lithium and electric batteries, which will create thousands of quality jobs and create new supply chains, including research and development, which will significantly contribute to improving living conditions in the region. These are also strategic projects for the whole of the Czechia, which is facing not only the transformation of the energy sector, but also the key automotive industry. In addition, Europe and the Czechia must now strengthen their raw material security, also in view of the war in Ukraine, and we can offer lithium from Cínovec as our significant contribution. "