Member Info for Greenmachine67

Or what about if CEZ initiates the buyout price that is contained in the shareholders agreement. Once that is finalised they can sell off chunks to an OEM (probably at a higher price or lower % of overall mine) and keep control

I would have thought that an OEM powerhouse would be exactly what CEZ would want. Shared costs, recognition that they have a viable partner and the ability to do other deals re Li based on this partnership with other customers. For me it’s a win-win for everyone but of course for this to happen emh need to agree to sell at a price. Penny for everyones thoughts

https://soundcloud.com/zachary-shahan/nickel-graphite-lithium-and-us-ev-battery-policy

Not emh related but have a listen to the second half of the interview regarding oem’s looking to get involved in the mining business. The example and figures he talks about make complete sense…..

MO, by mentioning brine I’m assuming that your talking about brine/DLE? From what I’ve read so far nobody has managed to crack the code that would allow mass production as far as I can see. Nice try…..

He’s a factor of 10 out ie too high

Interesting development that will take a bit of time for us to see where the new gov point. From what I’ve read some of the coalition partners are in favour of more eu integration and some not. Looks like it’s all in the air atm. One thing is for sure though….no meeting with Diese on Monday

https://cleantechnica.com/2021/10/03/volkswagen-bosses-labor-chief-want-big-changes-at-wolfsburg-factory/amp/

The irony of these new revelations about Babis. Cast back to the last election where he accused emh of operating the business with offshore accounts lol.

Rpks, this is one of the things I've spoken about in the past ie the apparent dislocation of operational/research activities within our "partnership" with certain cz interests. Nobody as of yet appears to want to discuss this here it seems and even mentioning it seems to elicit a feeling that you're some kind of deramper...

My take on the VW meeting is that it is a positive. If there was nothing in it then the meeting would not have been publicised. Whether it is about the gigafactory or lithium supply (or both) will be revealed on the 11th hopefully. Politically VW have done well to keep out of it....

https://mobile.reuters.com/article/amp/idUSKBN2GK0D0?__twitter_impression=true

RIP Adoubleuk......spent many an evening reading his posts. Always gave as good as he got but was never abusive. Sad day ....

"No, he doesn't have to. If it turned out, we would have the most unique project in Europe. We should control both the extraction and processing of lithium and subsequent sales. That would be a masterpiece. That is why CEZ plays an important role there. This does not mean, however, that if mining was not for some reason - perhaps if it was not economically viable - that it would not be a gigafactory. It would only lose the specific advantage that no one else has."

So, as I said last week, this whole project is unique and the cost advantages very beneficial. As long as the mine is viable ( and from what we've seen so far why wouldn't it) then we're onto something big here. Vertical integration is the way to go....

Another interesting podcast that includes a mention of emh at the start.....

https://podcasts.google.com/feed/aHR0cDovL2ZlZWRzLnNvdW5kY2xvdWQuY29tL3VzZXJzL3NvdW5kY2xvdWQ6dXNlcnM6MTM5MDQ5NjQ1L3NvdW5kcy5yc3M/episode/dGFnOnNvdW5kY2xvdWQsMjAxMDp0cmFja3MvMTEyMjQ0Mzg4Nw?ep=14

As a cost comparison the current cost of spodumene is $1000+. For conversion to product they require approx 8 tonnes of concentrate to produce battery grade product. For this you have to add the capex/opex cost which for arguments' sake is going to be $4-5k. So that's approx 12-13k to produce. Now this is for a converter ie Chinese to produce. Take our opex/capex of approx $4k (or less) and you can see the benefit.

https://youtu.be/MaWAPtw5zeA
Sorry, forgot to post the link...

Not related directly to emh but it's an interesting discussion that points out where we are ATM and where we'll be by 2030.....reading between the lines we appear to be in an ideal position with regard to location, supply of product and the ability to make the batteries. I cannot think of any other company worldwide that is in this position with the exception of perhaps Tesla.

KC has mentioned in a recent interview that the shareholder agreement has a takeover figure that is irrespective of the mcap at the time. When the cez deal was announced the SP was in the mid teens ( not 100% on this) and we are only guessing how this figure could have been calculated. My guess is that it'll be related to Npv value attributed once production has commenced. Whether this would also take into account future production/reserves is anyone's guess but if KC has been smart then we should be sitting pretty....

That's all we're asking for....

Borocay, I'm fine with the risk profile and have no intention of selling ATM. We all know (or should know) that there is a certain amount of risk with projects like this. What I'm pointing out is that the goalposts that we all believed to be in place have been ever so slightly modified. I don't think that pointing this out to others is a bad thing.