Member Info for ghin

Lol, the number of times this dishonest idiot used the phrase "fully funded to FID" after the shambles of selling it to CEZ. Where exactly all that money and this roughly 6M went on the DFS?

(In response to fingers Tesla hearsay)

He said no such thing publicly. If he did, I would just dismiss it like anything he says generally. If he did share this privately, that could be a crime if it materializes. Not great.

Source, fingers? Nothing you've ever dreamed ever came true. Would be nice though, so I'm curious as to what the source was.

what a f*cking pointless placement at a **** price. well done kc. resign now.

*as far as

Except that KC is diluting for no reason, at least we far as shareholder returns go.

While we're at back of a napkin calculations.

Assuming dividend funds look at EMH and decide that it can produce and sell 30k tonnes for USD $30k every year, that translates into a revenue is USD $900m per year. EMH's half of that comes to 450m. Using 30% for opex and debt service, that leaves 315m. Pay the dues and you're down to about 265m. Assuming no serious dilution due to state and EU grants and prepaid offtakes, let's assume175m shares on issue. That implies a yearly dividend of about USD $1.5 per share. So a dividend fund seeking to get a return of 7.5% a year could be comfortable paying up to USD $20 a share. Mining shares are well liked in their portfolios, so go figure.

Now I agree, we will probably be taken out before this, but how soon, how far, how suspiciously? Anyone's guess. Anything under AUD $10 is a spit in the face after DFS IMO.

Yeah, one possible view is that buying KDNC is actually a way to buy EMH at the discounted rate (~free) when you take other assets into account. With a deep enough pocket, you can get 7-8% of that plus a some change and lottery tickets (Sonora, Amapa).

I consider the information coming from KC to be white noise. That leaves the FID in perhaps Q1 and by extension of that, DFS slightly before that. The rest is positive surprise category. Consider the commercial samples and offtakes - first mention by KC years ago, latest previous if which was Q1 this year if I'm not mistaken. That man is a liability to this company... Still, the fundamentals and necessity all points in a direction where piling in now makes sense. My favourite kind of investment.

I wouldn't expect much news for a few more months. I think it's a good time to build a holding but dyor.

Although the Czech Republic was never a part of Soviet Union. Sure, it was a member of the Warsaw pact and a socialist puppet of SU but not part of it (same with Poland, Hungary , etc.) :)

Couple of thoughts: I believe 18 months is the time it takes to construct the mine. With the estimated beginning of production now at the turn is 26-27, that leaves only a year to secure financing, grants and permits after FID - seems pretty good (and optimistic) actually. Then, it's worth noting that this date was put out by CEZ, not EMH, so the credibility is hardly comparable. Can it delay? Absolutely. But not a decade without any visible progress.

In terms of whether that's late and doom and gloom. Absolutely ridiculous. We're at the beginning of the BEV era, every indication is that we're very far from supply demand balance and lithium pieces continue to stay high. How high? The only number that matters is the one we put in the DFS and gets to FID. That NPV is the basis of whatever value we get assigned and the basis of the return we can hope to get here.

Filters are fantastic.

It could just mean that if I message it dries up until you respond ;)

Anyhow, ASX volumes are also increasing gradually. Start of an uptrend, change of sentiment regarding the risk/reward and timeline here? I hope.

The one up to the point of my message in the beginning of the day, obviously :)

It did dry up after, though not unhappy with that. Seems like no more traders at this price, bid needs to go up.

The volume is picking up nicely. Don't forget that there's a buyer for every sell. The average price paid for shares held will be slowly edging up on the back of this activity.

Originally from Hungary, lived a few years in the UK. No, the level of corruption is not comparable. The UK elite are modest and planning for the long term in comparison. Clear checks and balances present to make them stay cautious. Nothing like that in Hungary anymore and not much of them functioned under Babis either, as the system reverted to "socialist" mode. Public servants served :)

That's why I was upset about Babis being a D*CK about the project and CEZ getting involved with majority. I still am. Limits the upside of our story considerably.

There is a point: it's a milestone of progress, confirming that the pilot plant produced the desired product in sufficient quantity and potential partners are serious enough to accept delivery. What we know now the KC has no credibility left whatsoever, hurting the project, keeping the price down, making a potential capital raise or a takeover bid unfavorable to shareholders. We must get rid of him.

Here meaning the linked AIM ANN proxy? Funny indeed.