Member Info for Greenmachine67

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?

https://www.reuters.com/business/autos-transportation/volkswagen-invest-mines-bid-become-global-battery-supplier-2023-03-17/

https://ec.europa.eu/commission/presscorner/detail/en/ip_23_1661

Figures based on $48k per tonne skews all of their calculations to the positive. No thanks….

There appears to be much more talk of raw material uptake on the twitterverse lately. All points to our resource in some way imo…

https://twitter.com/juliepolie/status/1592771112135725056?s=46&t=t8DrDQ27zzb5My88ij72gQ

The telegram appears to be in the post….

Skelly85, why don’t you just sell up then?

You mentioned this gigafactory reversal last week. I had a look online but could not find any reference to it. Do you have a link?

Having read the article twice now I still can’t decide if it was written by someone who has someone’s ear on the inside or if they’re just out of journalism night school.
Not a single quote from governmental or cez related personnel and a timescale that takes the gigafactory into the early 2030’s and the mine into sometime later than that. If true then I suggest we all chuck the towel in now.
VW it says would make the gigafactory decision without the Li mine being a consideration, really? If that’s the case then why are we not moving ahead at full steam with no consideration for the gigafactory?
The more I think of it the more I’m thinking B/S.

If anything it will spur the Europeans and Americans to play them at their own game. Any lithium or raw material input from any predetermined jurisdiction ie outwith what is applied via the ira act in any of the cars imported here will be subject to large tariffs. The Chinese must be giving CATL large kickbacks in subsidies in order to produce their lithium product. If this doesn’t gird the loins of the western world then nothing will. Mines will be built because we have no other choice

KC’s last interview with Rockstock he mentioned that at $25k the irr was around 53% and npv would double. This is before the production rate increase that we are also waiting on….plenty upside to come

Seems to me that CATL have announced this new pricing for domestic use Li supply by utilising their lepidolite reserves. This subject has been looked at before and the general consensus was that it is a high cost, dirty process that cannot compete with the other li extraction processes. As far as I can see this is all smoke and mirrors by the Chinese.

Good

Hyundai Tucson

I have watched all of the rocksteady vodcast and interviews in the last 2 years or so. It was interesting to me in that this was the first interview I’ve heard from HK where he appeared to be giving the interviewee a bit of a hard time. Ok he didn’t go overboard but he pushed it in such a direction that KC would be in doubt that shareholders are not happy with some aspects of how he is running the business. I think the Rockstock guys have been inundated with shareholder emails about the lack of news flow.

Yeah you have a point Dave. I was hoping that you’d read that sms were still in the game.

Dave, that looks to be good news but can I ask how you know this?

https://twitter.com/lithiumionbull/status/1621209239304785921?s=46&t=20JTWU4iEuSH5YjUG3xuWw