Member Info for HappyLiUK

@Moneymaker2015 8-9p would be lovely

What happened to that whopper "DusterinMong" who posted "it'll be 10p for christmas" for the whole of the H2 2025.

Wonder whats being pumped now . . . .

@Blonde-ad cant disagree with that.

Only thing we can do is try focus on the realisation that we are closer now than ever before. It could be a huge missed opportunity for anyone late to the party now however.

Anything happening at all?

Of course the big line from the post was of course:

"ensuring raw material security, including a lithium mining and processing project"

Translated:

The issue of energy security is a global issue. That is why we discussed it today with the Ambassador of the United States of America, Nicholas Merrick.

We discussed the supply of fuel for nuclear power plants ČEZ and further cooperation with the company Westinghouse Electric Company also the development of small modular reactor technology. We also talked about supplying US LNG to our terminal in Eemshaven or ensuring raw material security, including a lithium mining and processing project.

Thanks to the Ambassador and US Embassy Prague for a very constructive debate and a pleasant meeting.

My thoughts,

I personally have mentioned on a few occasions the drive for SMR's, CEZ has a perfect strategy when they partnered with Rolls Royce to implement them nationwide in Czech. They've made it very clear their aim is to drive down the cost of electrical power/energy, that leads to huge rise in uptake of EVs and battery storage, to which CEZ own the continents primary Li supply. Its a very smart move and yet another reason I dont doubt Cinovec for a second.

@Blonde-ad Realistically the MoU, or final offtake will be typed up and ready for wet signature the moment the EIA returns with a green light (no pun intended) as that will be an indicator/gate.

Once thats in, 16p wont even be a distant memory.

I agree with @Keatzt that a lot of sway will be to a CEZ full ownership, but even if that was to happen, a 26+ year mine life project will come at a very good sell price.

Li demand is set to tripple+ by 2030, its price by then will be very high, perhaps breaking ATH's as more move to EV/BESS etc etc. Hold the line folks !!!

Im currently working on 2 projects moving to get their FID, and in a sector with an offtake process, so I fully appreciate how this period feels, its frustrating, and steps required to release the next stage-gate fizzle sceptics, its like a grey cloud until we see signatures.

Luckily for Li projects, they have a solid asset in the ground and a world desperate for it

Feels like popping on here every couple weeks + you just see pages of arguing. Anything actually happening. Has the deposit or global demand diminished?

Sorry just hard to see sift through

Post/News → counter → echo → counter → return.

Ping-pong reinforcement. Choreography or coincidence?

As people thrown comments back & forth daily, thee bottom line (Based on Evidence) is:

Everything the independent sources show aligns with success:

✔ EIA submitted and under review

✔ On track for approval before June 30, 2026 (will certainly be back before then)

✔ EU sees Cinovec as absolutely critical for strategic autonomy

✔ Strong ESG framing & government alignment

✔ Massive backing from both Czech gov & EU institutions

✔ Largest hard‑rock lithium resource in Europe (by a mile)

Peoples frustration with the market, manipulators, and the narcissists on chat forums is understandable, but the underlying project data is 'exceptionally' solid, and the EU’s commitment is deeper than most retail investors realise.

If you dont believe in Lithium, unlike all world leaders and strategists, why are you even here.

This article details UBS's bullish outlook: they've sharply upgraded lithium price forecasts due to stronger-than-expected demand growth (driven by EV "triple parity" and booming energy storage needs) outpacing supply. Key revisions include:2026 lithium carbonate and hydroxide prices at $26,000 per ton (up 58% from prior forecasts).

Spodumene concentrate at $3,131 per ton (up 74%).

Demand doubling from ~1.7 million tons in 2025 to 3.4 million tons by 2030, with ongoing structural shortages in several years (e.g., deficits projected in 2026 and widening later).

This higher-price environment improves project economics for undeveloped or near-production lithium assets, especially those in stable jurisdictions with strategic advantages.

https://news.futunn.com/en/post/68549174/the-third-lithium-supercycle-ubs-group-comprehensive-upward-revision-of?level=1&data_ticket=1771176822538074

Higher lithium prices will directly enhance Cinovec's projected revenues, NPV, and attractiveness for financing/off-take deals as it advances toward final investment decision (FID) and potential production start

Good times ahead, and we haven't even mentioned BESS and its explosive growth and increasing global demand for lithium right now (as of mid-February 2026), and it's emerging as one of the biggest new drivers in the lithium market—often described as sparking a "third lithium boom" or supercycle alongside EVs.

I’m long past worrying about the noise, especially from those with no investment here and nothing better to do than post negativity daily. Everyone is entitled to their view, but constant mud-slinging says more about the poster than the stock.

I’ve been invested here for a long time and was fortunate to average down very well before the recent run of positive developments, including the significant backing from a European development bank at 42p+ per share. That level of institutional support speaks volumes.

For me, it’s now a patience game. With offtake agreements and FID coming in place, I’ll be extremely comfortable with my position and likely moving on — and at that point, the usual AIM theatrics won’t matter.

The recent move from 8.5p last year has clearly unsettled some, judging by the tone of the commentary. Markets will always have doubters, but conviction backed by research tends to outlast daily noise.

On to the next opportunity when the time comes.

The rezoning approval in Feb 10 RNS is a game-changer – it locks in land use, infrastructure, tailings at the existing DNT site, and processing at Prunéřov after full public hearings and ministry support (Industry & Trade + Environment). With the full EIA submitted in Jan 2026 and target approval by end-June to release the last chunk of EU Just Transition Fund cash, this de-risks the process massively. Feels like the EIA is now more formality than fight.

Why the EIA looks set to sail through positively (and why Cinovec stands out as genuinely green-friendly):Analyst stamp of approval – As Liberum Capital highlighted in their January 2024 "Best in class' Cinovec" initiation report, EMH/Cinovec is "best-in-class" for cost efficiency and ESG among hard-rock lithium developers in safer jurisdictions. They called out inherent advantages like amenability to bulk underground mining, simpler flowsheet, and proximity to end-users (Europe's EV/battery heartland). Even after inflation adjustments, it delivers class-leading post-tax returns and "among the greenest" lithium output. (Check the full report on the EMH site if you haven't – solid read!)

True green/ESG credentials – Brownfield site in a historic mining district = way less new disturbance than greenfield ops. Underground mining + paste backfill (refilling voids with tailings) minimizes surface impact, subsidence, and waste piles. Benign reagents, low-carbon profile, alignment with EU CRMA/Equator Principles/IFC – all baked into the DFS env modeling (air, water, biodiversity, noise). Liberum explicitly noted the "greener" edge from these factors.

Political rocket fuel – EU Strategic Project status (fast-tracked permitting), Czech Strategic Deposit, €360m Czech gov grant, $36m EU JTF (EIA submission already ticked a box). Europe needs this lithium desperately for supply chain independence – Cinovec could power 1.3M EVs/year by 2030 (5% of EU demand). No government is going to derail their own strategic priority.

DFS foundation – 26+ year mine life, 37,500 tpa battery-grade Li2CO3, competitive costs (C1 ~$12.6k/t), strong NPV/IRR – all with detailed impact studies feeding straight into the EIA. Rezoning removes a huge potential snag, so the Ministry of Environment has a clear, approved framework to assess.

No drama in announcements, strong agency support, lithium prices stabilizing/rising – KC said it best: "cornerstones are in place for FID and production"

Lots of buys this today, confidence is growing daily

The inbound sequence basically is: EIA approval → offtakes / financing → FID → any potential ownership changes.

Personally I can't see EMH, having done so much work on the continents largest Li deposit/mine, walk away with less than multiples of £'s

Also if Cinovec becomes a hub for neighbouring projects (like Zinnwald), EMH could earn additional processing fees or scale benefits, boosting EBITDA without adding mining risk.

@Blonde-ad Im with you on that one

So whats next,

-EIA approval: A clean EIA is a massive milestone and a major de-risking event. Once that's done, the market will likely value EMH much higher, as investors can start to look at this as a near-term production asset rather than just a speculative play.

-Offtake agreements: With lithium demand soaring, securing offtakes (especially from European battery manufacturers or automakers) would really cement the value of Cinovec’s production. It would be very much like what Piedmont Lithium experienced with their Tesla deal—if the offtakes cover the entire ~37,500 tpa, that's essentially guaranteed future revenue, which is a huge valuation driver.

-FID (Final Investment Decision): Once the FID is made, it’s full steam ahead, and the project is considered effectively funded and in execution mode. The risk of uncertainty is significantly reduced. For investors, the focus will then shift to how quickly EMH can scale production and whether any delays in the construction phase impact timelines or costs.

Share Price Potential

Given all the potential positive catalysts SP could see a very dramatic re-rating. Looking at companies like Piedmont and Lithium Americas that saw incredible jumps after offtakes, EMH will be following suit as the EU's premier Li mine/supplies.

The exact price would depend on a few factors:

-Market conditions: If lithium prices remain strong and demand continues to grow (especially with EU Green Deal goals pushing for more localized battery production), the market may price EMH more aggressively. Some analysts may be pricing the stock at a higher multiple once the project hits FID.

-The scale of the offtakes: If EMH locks in long-term, substantial offtakes—particularly with high-profile companies like Tesla, VW, or other EU EV/Batt producers, contracts could lead to a sharp spike in valuation. The security of future revenue is huge!!!

In terms of specific targets, the £1–£2+ range is an absolutely reasonable expectation once major milestones like the EIA and offtakes are confirmed. If the lithium market stays strong(its rising again), there could be potential for higher, especially as the project matures.

But the speculative excitement and the growth of the lithium market in EU could push it way beyond that range in a high-demand scenario.

Of course we could always get bought out, which Im sure many of you would prefer for a solid & rapid exit?

I agree it should be a much higher SP, I do believe this is being held down, but it’s a little bit strange to question “if any offtake talks are taking place” after all this factual goal accomplishments and announcements, also after the last presentation in Jan stated “Finalise strategic partner/offtake discussions – in active

discussions with leading global OEMs (batteries/autos)”

These item have been officially published, every single items the last 2 months have hit their goals. Years of delays are now gone.

It’ll be some exciting time in a month or 2 when that first offtake is signed and the numbers for the premier EU Li deposit are there for all to see.

PLS is a good example of current offtake structures, not pricing. Cinovec is LiOH with a DFS at ~US$25k/t, so it’s a different product entirely.

With today’s EMH/ČEZ RNS further de-risking the project, it’s reasonable to think EMH could pursue similar offtake/prepayment mechanisms — just at the chemical level rather than SC6