EV sales up 100 %
No sense why are market cap is so damn cheap . Mr Market has it wrong .
Fact 1 , Czech Government went and visited Tesla in the States ,
Fact 2 , Tesla delays where European Gigafactory to be built post visit
Fact 3 , Tesla still to announce European Gigafactory
Fact 4 , Any Prime Minister would love to boast how they got Tesla to build in their country
Fact 5 , EMH largest Lithium resource in Europe
Fact 6 , EMH harmonious relationship/partnership with Czech Gov via CEZ
Fact 7 , Security of supply for Europe
Fact 8 , Tesla has called .
Uhhmm , who has Tesla called ?
sid , CEZ shares will never get back to market , CEZ will get in due to the massive profits to be made and will eventually want dividends to feed back to the government . This is a great thing as we all will benefit from the dividends in the future . I would suggest EMH will have a dividend policy of up to 75 % of the profits , they certainly wont need cash for other investments . ( only possible expansion ) . So out of the Half $Billion in full year profit they would probably dividend 75% , a cool $375,000,000 back to shareholders . Based on my 500 million shares in the future ( now only 150 mil ) thats a 75 cent divi or 42 p
steeple , unfortunately there are no free lunches in the broker world , it is what it is , just a pity Cadence have no money , as they would be funding us as they did in the past at tote odds . And would not need brokers to raise . I do know that they are not coming back to market though and were very sought after . We will now enjoy the ride up in expectation of our partnership with CEZ , who cares whether they take 20 or 40 % , whats a bit of dilution any way , inevitablely we were going to get it anyway , this partnership ensures the projects' future now , where no one will lose their money . I think that this subliminal Line is the one to watch now : The Company is in the process of planning the Definitive Feasibility Study, particularly
the planning of the detailed engineering and further drilling enabled by the extension
of the exploration permit as announced to the market on 5 August 2019. Sounds robustly confident .
I suspect that this will also be last raising before we partner CEZ , so there wont be any more shares raised for the punters in the future until we do our capax funding . So you will only be able to buy shares on market . I also suspect delays from the CEZ talks and funding months ago and hence the need to do this small raise . A small raise like this is indicative of a confident partnership with CEZ will ensue , basically says the project is now up and running . And the train is slowly pulling out .
Mr Griffin pointed out the current lithium glut concerns were a result of “misinformation, misinterpretation and misunderstanding”.
Poland is the EU leader in the export of lithium-ion batteries, was noticed in the analysis published in the Financial Observer by Wojciech Mroczek, an economic expert in the Department of Statistics of the NBP. One company is mainly responsible for Poland's result. Several companies in Poland manufacture lithium-ion batteries, but only LG Chem has a plant for the production of high-performance battery cells for the automotive industry
Already in April, Polish exports overtook German and amounted to €161 million against €120 million. The difference is very significant, and our exports are also growing at a much faster pace than German ones.
Ant , I think you may need to become my first customer . I have developed a share tracker that is almost ready for sale it has been 10 years in the making in an access database it will have world wide developed tax rules so as when you buy and sell your shares it already tells you your profit and loss but also in tax terms . It allows you to sell individual or multiple parcels against any bought and works it out all for you with reports on anything and also what if buttons so as you can see the consequences of any price of a share that you may wish to put a theoretical price on , It also covers , options , conversion of options , off market transfers , capital returns and allows having different ownership of share ie , individual , super , company ownership etc . Let us know , I need an international to start testing .
Investors were scrambling to get hold of Galaxy, Orocobre, and the rest of the lithium miners after a rare spot of positive news in the industry.
On Wednesday night lithium giant Albemarle released its second quarter update and smashed expectations.
The world’s largest lithium producer delivered second quarter revenues of US$885 million, representing a 3.7% increase on the prior corresponding. In constant currency revenue rose 6% over the same period last year. This was driven by a 2.3% lift in lithium sales and a 15.8% increase in bromine revenue.
In light of this strong second quarter, the company lifted its earnings per share guidance for FY 2019 to between US$6.25 and US$6.65 from between US$6.10 and US$6.50.
Another positive for the locally listed lithium producers was Albemarle’s near term outlook for lithium. It said: “We expect strong year-over-year growth for the remainder of 2019 in Lithium, led by continued strong demand in battery-grade applications and increased conversion capacity.”
Judging by the strong share price gains today, some investors appear to believe this could be a sign that lithium prices have finally reached an inflection point.
Solid words From KC : Subliminal
"does not envisage that a further extension will be necessary".
"European Metals wants to build a refinery in the Czech Republic, able to produce battery-grade lithium hydroxide, by 2022."
Only 2 years 4 months away til 2022 , sounding very confident that the project will be up and running .