Member Info for Greenmachine67

Thanks for the link dave. Having listened to the clip 3 or 4 times now I hear that they are looking for new jv partners after skoda/vw rejected it due to it being too small. What I cant hear him saying is that they also have another site in mind for them. Have I misheard?

Thanks guys, very interesting news and as I said last week perhaps cinovec will play a bigger pivotal role in Europe than we initially envisaged. I know we’re been frustrated over the years but I think that we are now seeing the jigsaw pieces falling into place

So does that mean they are looking to build 2 gigafactories in cz?

Sorry 200k is not a massive dump. 20 million is massive……please keep it in perspective

As a small aside, if you’ve invested here and take no other interest in any of the other prospective junior lithium miners either in Europe or elsewhere then I ask you to go and have a look at their BB’s. Eur or Vul would be a good starting point……they are being accused of the very same things that we accuse emh of. I’m afraid it goes with the territory of being a junior miner in a specialised chemical arms race that needs a certain degree of trial and error in order to move forward….

Understandably people are frustrated by the way communications in the past have led to timelines not being held. Jeez, I’ve been one of them but I think this time emh management have realised that they need to up their game.
We need to realise that what we are trying to regarding the production of high purity lithium product from mica is something new. Nobody up until now has achieved this and we need to apply a little patience in order for them to get it right. If we are informed along the way by good communications and if the project is delayed slightly then I’m all for it if the end result is that we hit the ground running.

Fantastic news. At last we have something to get our teeth into. We must not underestimate the importance of how clean and free of impurities the final product is. This really puts us on the front foot. I’m delighted…

Having a day to ponder the latest rns I'll stick with my initial thinking that this may be a sign that things are starting to get interesting. The award of the options are bewildering and have to be cleared up. I've emailed the company asking for clarification and hopefully they will respond. However the rns states "Luthardt Investment will advise the Company as well as the project company, Geomet, on EU and national government-level relations, with the aim of promoting official support of the Cinovec Project.". So rather than emh going in a different direction it seems that Cez are involved too.

The second tranche info is what interests me, "that it will formally support an increased production plan for the Cinovec Project subject to supply security considerations for European manufacturers of Electric vehicles and batteries."
As we have been led to believe so far, geomet would supply the raw material for use at the new cez gigafactory only. The quote from the rns seems to suggest otherwise. That is why I said yesterday that I thought this news was perhaps bigger than we anticipated.

Curious as to why this is related to emh and not geomet regarding the options….hmmm

Looks to me that the cinovec project and that of the EU as a whole is perhaps bigger than even we as shareholders imagined.

From 20/21 https://twitter.com/sdmoores/status/1584495930790641665?s=46&t=iIdBjnNUAsB6ID6MuqVvqA

I don’t think CEZ would give a stuff who was at the helm of the company tbh.In my opinion CEZ will be the front runners in acquiring the whole cinovec mine at some point.
Communication from either emh or geomet has been abysmal. Ask yourself why. I don’t know the answer. I’ve invested heavily here and want it to succeed but as a shareholder we’ve all been shortchanged with this lack of progress info.

The idea of the shareholder agreement being a comfort blanket is a leap into the dark when no shareholder has to date clapped eyes on it. Can someone on here remind me of any time stamped statement that KC has made that has turned out to be true?

Agreed ghin, his last interview where he said news would be forthcoming in the next few weeks means he’s backed himself into a corner if nothing comes of it.
Hopefully someone at the next agm can ask him about it. The clock is ticking on his credibililty for me.

As it stands, the only company that may come in and shaft us wrt sale price is CEZ themselves. Shareholder agreement anyone?

New podcast up. 24 minutes in and emh gets a mention. Interestingly this mention is one of the few on his scoreboard that says he’s looking at and keeping an interest in the most.

https://youtu.be/HeBvSpZMMfo

Howard Klein gets it….

https://twitter.com/lithiumionbull/status/1570350028627259395?s=46&t=DNvsLyqU8m2wJxafdo4ExQ

It’s happening folks. All we need to do is hang on….

I’m assuming the other $200 million or so will be in the form of grants/debt or some form of prepayment from either an OEM or battery manufacturer…

Listened to the webinar earlier and to be honest it was a pretty dry watch. However, one snippet that KC mentioned was that come next year when the FID is made the equity portion of the 49% share for capex will be in the region of $120-130 million dollars. Can’t say I’ve seen this mentioned anywhere.