focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
In effect CEZ are 70% state owned of a 51% share of geomet. That gives them about 35% of the business, somewhat less than 49%. Even for an ex communist country that is still less….lol. People are trying very hard to downplay this project by throwing very spurious claims into the mix. I’m just glad that the mine is not over the border in Germany where all sorts of claims might be made with some of their previous regimes.
I knew there was a reason why I needed to filter you….walloper
He used a term that I don’t think I’ve heard him use before and that is “world class”. Doesn’t seem to be a term that a scammer would use lightly if it turns out we’re being played.
Ghin, you either believe it or you don’t. Hold or sell that’s your choice.
https://www.youtube.com/live/WJWkh2CablQ?feature=share
from 20 minutes
I know that we are all a tad frustrated with how this project has panned out over the years but i'm prepared to give them the benefit of the doubt here.
Waste of time imo. The only real way of getting your message across is by going to the agm. Impossible for most of us here I’d imagine though. I noted on hotcopper that some were present at this years agm in Perth WA but by all accounts only a handful turned up. This is the norm on startup companies I’m afraid.
https://twitter.com/czechlithium/status/1643549981452959745?s=46&t=t8DrDQ27zzb5My88ij72gQ
Again a poor article written with a slight negative slant. Falling prices means the decision to mine or not is in the balance…..really?
She mentioned the IRA agreement where eu mined products and assembled battery packs had the same classifications as those from other jurisdictions ie Canada and Australia
Lol, the first 6 minutes or so should be more agreeable
https://twitter.com/i/broadcasts/1mrGmkZnblzxy?t=8m3s
Live coverage atm
After last weeks EU update, 10% of eu lithium demand ranges from 75-100k tonnes of product. As it stands we’re at 30k, vul are at 25k and EUR are at 9k. Don’t know about the others. So yes, I agree. The eu need everything they can get. Upping our output to 50-75k ties in nicely.
https://twitter.com/czechlithium/status/1640316710757515265?s=46&t=t8DrDQ27zzb5My88ij72gQ
MrC, I’d tend to agree with you if I thought the shareholder agreement was signed on the back of a *** packet but I’m reliably informed it wasn’t
A lowball offer won’t work though will it.
Dave, I'm not asking for weekly updates or the odd phonecall to my landline but I do not think it is unreasonable to expect some sort of update with regards the projects overall......
Off the top of my head how about;
An update on the work SMS have completed so far. Jeez, we dont even know if they are still involved so perhaps trhis shows how bad their communications are.
How is the process workflow work coming along? Any new and potential cash saving/throughputs improvements made?
Has the CEZ /Czech university process flow improvement been utilised/improved?
How far along the road are we to building the Pilot Plant?
Have we produced any product yet for any offtakers?
Any update on how Luthhardt Investment are getting on wrt German Government seeking approvals?
That's just off the top of my head and i'm sure others here can think of many more. It is not rocket science and really shouldn't take someone like me to point out things a company should be doing in order to keep shareholders and potential shareholders on board.
Arguably FID is more important than DFS. From recollection FID was to be made q3 2023.
Painful to watch from the sidelines when the sp keeps slipping. KC somehow has to show us something soon or we’ll be back to the low 20’s or under.
Existing sh’s or potential investors are shying away from this due to a complete lack of transparency. Sometimes it’d be good to take a leaf out of say the vul playbook and rns the bejesus out of things. Something to let us know they are still breathing…..can’t be that difficult
Agreed that the longer we are in the higher the potential.
Confusingly the quotes from CEZ are at odds with what we’ve been told with regards the shareholder agreement. As far as we know CEZ have first offer on the remaining 49%. Since they have no intention on consolidation then this raises a number of possibilities. Do they buy and then sell to an interested third party ( at say 30% and keep the remaining 19%) or do they agree for the 49% to be bought by a third party but only if CEZ are in agreement with who they are? All very cloak and dagger which isn’t helped by part of the agreement being confidential.
There’s also increased production and an increase in per tonne price of li concentrate to take into account. Going by previous announcements and increase to 25k per tonne doubles npv and likewise an increase in production to 50k tonnes per annum increases it further by a factor of just under 2. Tasty numbers if we get that far
I would suggest a tie up between vw, cez and a battery manufacturer. That would mean that emh would be out the picture completely. At what price though?