Member Info for Hunter16

under czech law (act no. 100/2001 coll.), the minimum period for public consultation on a full environmental impact assessment (eia) is 30 days. we are now 5/05/2026. plus 30 days = 5/06/2026. no word as to when the eia will be even made available to the public by the czech ministry of the environment. you can monitor the cenia eia information system (search for project code mzp533)???. why are shareholders keep in the dark, we are the good guys, we have but our hard earnt dollars into this, mushroom people feed us bull**** and keep us in the dark. yes, getting frustrated. anyone know more without listing all what has gone on in the past, and how great thing are. 0.28c on the asx today. great...

Let's face some facts, since the DFS was released in December 2025 the prices spiked slightly and have steadily gone down, that is now roughly five months of waiting and hoping for things to turn around, we have had nothing but a reduction in shareholdings by EBRD, a 3.2 million share dilution, a weird cash call by Geomet, no one knows is part two of the EIA is on the CENIA system, I would really hate for the EIA to become another DFS situation where things kept getting delayed and delayed. ''quote from Lukask", no word on when the public hearings are, the fundamental problem with EMH is that throughout the entire period almost none of what was said has actually materialized. This is where the basic distrust in the project stems from. When you add the long-term lack of communication from KC. Actually, what do we know. Is EMH going to continue on till the construction phase sounds like it by the incentive scheme or are we all waiting for a takeover bid. What is going on, but by the way give me free shares and I will tell you later, trust me KC.

Can we get the share price moving before we start looking at incentives, for Christ's sake all this constant talk, we need action on the share price before the shareholders start to get incentives, hello a positive return on our collective effort, stop rewarding mediocrity, everyone gets free shares, it not a running race at school where we hand out participations ribbons to everyone. Shares over 0.45c then they have my vote not until then!!

The EBRD often transitions its role in a project from an early-stage equity investor to a long-term debt provider. By reducing its shareholding now, the bank clears the way to return later as a lender or guarantor once the project is ready for construction.

The bank typically uses a "staged" approach to support high-risk mining projects like Cínovec:

Transition from Equity to Debt: In the "junior" phase, the EBRD provides equity because the project has no revenue and high risk. Once the Definitive Feasibility Study (DFS) is complete and permits are secured, the project becomes "bankable." At this stage, the EBRD can provide project loans (typically ranging from €3 million to €250 million).

The EBRD often acts as an "A/B lender." They provide a portion of the loan (the "A" loan) and then use their high credit rating to bring in other commercial banks (the "B" loan) who would otherwise be too afraid of the project's risk.

The EBRD often transitions its role in a project from an early-stage equity investor to a long-term debt provider. By reducing its shareholding now, the bank clears the way to return later as a lender or guarantor once the project is ready for construction.

The bank typically uses a "staged" approach to support high-risk mining projects like Cínovec:

Transition from Equity to Debt: In the "junior" phase, the EBRD provides equity because the project has no revenue and high risk. Once the Definitive Feasibility Study (DFS) is complete and permits are secured, the project becomes "bankable." At this stage, the EBRD can provide project loans (typically ranging from €3 million to €250 million).

The EBRD often acts as an "A/B lender." They provide a portion of the loan (the "A" loan) and then use their high credit rating to bring in other commercial banks (the "B" loan) who would otherwise be too afraid of the project's risk.

If the project needs more flexible cash, the bank can provide convertible loans or subordinated debt. These act like a hybrid between a loan and shares, allowing the bank to earn interest while having the option to turn that debt back into shares if the project succeeds.

The EBRD can provide political risk guarantees or credit guarantees. This doesn't put cash into the project directly but makes it much cheaper and easier for the project owners to borrow money from private banks.

The EBRD doesn't just fund the mine itself. They often re-enter by funding the ancillary infrastructure needed to make the project work:

Loans for on-site solar or wind power to meet the project's carbon-neutral goals.

Water & Waste: Financing for advanced wastewater treatment or sustainable tailings management facilities.

Logistics: Funding for rail or road upgrades to transport the lithium to battery factories.

By selling down its shares now, the EBRD isn't necessarily "leaving"—it is arguably resetting its balance sheet to provide much larger amounts of capital the project enters its multi-billion construction phase.

I broke this to you guys on this forum, Skelly15, you wrong, totally wrong, it is wrong, the project is funded and there is no call for dilutions, you are wrong.

Just stop now and say sorry !!

This might be relevant to the on-going conversation, have not seen this mentioned.

The Kč121 million loan (approximately A$8.86 million or £4.3 million) is a legacy inter-company loan originally advanced by European Metals Holdings (EMH) to its subsidiary Geomet s.r.o. in December 2023.

Purpose of the Original Loan

Land Acquisition: The funds were used to purchase land at the Dukla site, which was the initial planned location for the Cinovec Lithium Chemical Plant.

Strategic Shift: Following technical reviews, the proposed plant location was moved to Prunéřov, making the majority of the Dukla land surplus to the project's current.

Refinancing for Pre-FID Funding

Instead of letting this capital sit tied up in unused land, EMH used it as a "non-dilutive" funding tool to meet its share of recent project cash calls:

Refinancing Agreement: In late 2025, EMH's joint venture partner, CEZ, agreed to "acquire" the loan.

Cash Call Offset: This allowed EMH to satisfy a significant portion of its funding obligations to Geomet by offsetting the loan value against the cash it owed for pre-FID works.

Buy-Back Right: Crucially, the deal allowed EMH to retain a buy-back right over the loan, exercisable through December 2025 (and into early 2026), providing future flexibility if the company's cash position improved or the land was sold.

The refinancing of this loan ensures the project remains "fully funded to FID," which is a mandatory prerequisite for drawing down on the €360 million Czech Government grant. That grant functions as a reimbursement subsidy, meaning Geomet must first spend the money on construction and development before being paid back by the state. By clearing the Kč121m liability and securing the €13m bridge funding, the partners ensure there is enough liquid capital to trigger those initial grant-reimbursable expenditures

I know it is AI but putting things into focus, and stressing the importance of the next few months, as for the guy who said no EIA, that wrong the EIA has been in for years, the last part, stage two went in around December, this is important because a large part of the residents' concerns was focused on moving the treatment plant away from the main town area to Prunéřov. , So the stage two part can be added into the CENIA system (Ministry of the Environment) without having to create a new enter. This is super important for all the timelines to come together. this is going ahead as per schedule like it or not.

Here are some key dates to look for.

Late April / Early May 2026 CENIA Documentation Posting Official start of the 30-day public comment window.

May 19, 2026, EMH Annual General Meeting Operational update on permitting and regulatory hurdles.

May - June 2026 Public Hearing (Dubí) The formal opportunity for residents to voice environmental concerns.

June 30, 2026, Final EIA Verdict Deadline Mandatory deadline for EU funding eligible

If you listen to some of Keith`s earlier interviews, he does mention that EMH will not be around for construction, I have long held that belief, there is no role for EMH to play after all approvals. EMH is a publicly traded mineral exploration and development company. What will happen to EMH is anyone guess but I am pretty sure Keith is keen to move on, sell his shares at a fair price and move on with his life, like properly most of us on the chat site.

Interesting to read your comments in regard to the reports in the CENIA system (Ministry of the Environment) from 2021 and 2025, which already outline the concerns of local municipalities and what they want to address. That’s why I believe the work is already being handled in advance. It’s quite possible there won’t be a new EIA entry in CENIA, and instead the process will build on the 2025 one. That would work with the tight deadlines mentioned earlier about all this being done by 30th June. Hope you are right with your hunch. If not, we will have a problem.

Maybe Skelly85 can add these numbers into his magic formular and see if this is any closer to his dream projections. Every bit helps.

I have been busy this Easter long weekend digging up some facts and I am amazed how many big players are involved in this project and how far reaching it is, and how far it spreads. Too big to fail, probably, too many high-powered politicians, CEO, movers', shakers and grooves, several high-powered EU bank managers and now we have Czech billionaire Karel Janeček's involvement in the Cínovec region is centered on a surface-level lithium extraction project that is separate from, but strategically linked to, the larger state-backed underground mining venture

Surface Mining Focus: Unlike the primary Cínovec project (which involves deep underground mining), Janeček’s project is a surface mining operation aimed at processing these existing sands.

His investment and role include:

Ownership of Pre-Extracted Resources: Janeček controls Cínovecká deponie, a company that owns a large landfill of sand produced by historical tin mining in the area. These "tailings" contain lithic mica, which can be processed to extract lithium without traditional deep mining.

Through his investment fund, RSJ Investments, Janeček holds all the necessary permits to mine and process the lithium contained within these sand deposits.

Janeček was a first mover in the region. His company obtained all necessary mining permits for this specific site as early as 2017.

His project is expected to involve investments of approximately 10 billion crowns (approx. $430 million) and could create over 1,000 jobs.

Reports indicate he may be waiting for the larger CEZ/Geomet processing plant to become operational to potentially share infrastructure for lithium processing.

Czech billionaire Karel Janeček is the primary private individual associated with investing in the lithium resources at Cínovec, though his involvement is distinct from the main government-backed project

He is one of many with his fingers in a very large pie! More to come.

This was always about keeping it in house, not relying on anybody else, we already have our customers, we already have the buyers, it's CEZ itself. This is for the Czech people themselves. You don`t build an army and ask will it make us money; you build an army to protect yourself. Drop the calculations, we need lithium to support our owe industry moving forward, it that bloody simple anything else is a bonus. Tell the Government that this is not a critical part of protecting what they believe will give them a huge competitive edge in the European market. So, stop the machinations this is about nation sovereignty

The next meeting for the Usti nad Labem Regional was scheduled for Monday the 30th at 9.00am Czech time but was in fact moved forward to the 23rd of March 2026. Discussion Topics: The assembly addressed major regional milestones, including the Rural Development Program and infrastructure updates for the Cínovec lithium project following the support for the Ministry of Industry and Trade's rezoning applications.

I am wandering if this latest set of updates were the reason we have not seen the EIA on the CENIA system yet?? or is this work outside the EIA maybe

lukask can help.

In the Czech Republic, the screening procedure (also known as the "fact-finding" or "identification" procedure) is the first formal stage of the EIA process under Act No. 100/2001 Coll.. It determines if a project will have significant enough environmental impacts to require a full, detailed assessment. Category I: Large projects (e.g., major power plants, motorways) that always require a full EIA.

Key implications of this "entry" include:

Official Recognition: The project's application is not legally "live" until it appears in the system.

Clock Starts: Regulatory deadlines for government review and approval often only begin once the project is entered.

Public Access: Entry into the system typically triggers the stage where the public and other agencies can view the documents and provide feedback.

Administrative Hurdles: If a project is not in the system, it often means the documentation is still being internally screened for completeness or that the ministry is facing staffing delays.

In the context of specific large-scale projects (like the Cínovec lithium project), a delay in entering the CENIA system can be a critical bottleneck, as it prevents the project from meeting deadlines required to secure grants or construction permits.

The statutory deadline for the screening decision is typically 45 days, though the administrative process often takes 2–3 months in practice.

LukasK, thank you for your unbiased clear explanation of what you know and leaving out the politics, something which was not the reason for my post. I presume you are of Czech background or have lived there, your knowledge and incites are very help and you speak with great clarity which can sometimes be hard to find on this forum. This whole Cinovec / Lithium Park project is like a box of chocolates; you never know what is going to come your way. Hope and pray this will be sorted out quickly before any major deadlines are hit or we could see some bad delays with funding. Thanks

Anyone concerned about the civil unrest at the moment, March 2026, the Czech Republic is experiencing significant political unrest, with massive protests in Prague drawing an estimated 250,000 people to the Letná plain. These demonstrations, organized by the Million Moments for Democracy group, represent the largest anti-government mobilization in the country since 2019. What affect will this have on large projects like The Lithium Park Project is uncertain, which may lead to delays ???

One hour to go on the ASX, ZERO shares exchanged !!??

Last time I checked, this was a chat forum and on chat forums you can express your opinions. So, this just my opinion, MOO.

If you don't agree, great. Useful assessment of my thoughts would be appreciated. If CEZ own 51% and will have to buy out EMH at some stage of this process, I quote Keith in saying, our work will come to an end and the people that know how to build mines will step in and take over "unquote". So why would you want to allow Keith to appear on media outlets, the paper, pod casts etc to drive up the share price, it stands to reason that the two parties have a common goal but are very much conflicted, on the one hand you have Keith and his team which have a considerable investment in the project not to mention 15 years of work and a responsibility to EMH shareholders wanting the share price to go up for better leverage at any meeting concerning a potential buy out. Then you have CEZ and Co. Why would they want that, what motivation (this is where some useful input may help instead of just knocking) do they have, with 237,568,205 shares on the market, why would you want the shares to go up ?? I am not saying this is the only reasons, but could it stand to reason that because news has been so slow to come out and not a lot of strong positive energy that Keith and his team are fighting an internal conflict of interests. a one dollar increase in share price is $237,568.205 million dollars that they have to pay, just a thought.

I have retired and live in Mauritius, so I am very familiar with the downfall of the dodo bird, it was fat, could not fly and was attacked by humans and introduced species like foxes and large rats which eat the dodo bird's eggs. Your analogy is fine, as a shareholder in EMH I feel like a Dodo, bought shares to create a nest egg, but by the time CEZ, The Czech Gov, and others behind the scenes start getting hungry we the shareholder's might become extinct as well!

Can you please explain ??

Thank you for your comments, but why are the stocks going backwards, even in the fable the tortoise was moving slowly forward, this is my concern, at least the tortoise was heading in the right direction slowly but surely, why are we going backward, living down the road from EMH offices and hearing things, I am sorry to say but the sentiment around people I talk to in Perth, is the management team have lost some/ a lot of creditability, and have made a lot of promises that have not been met, time is a ticking on this management team to deliver. I know this team want what we all what but sometimes you have to look in the mirror and ask yourself is it time for some fresh new faces to pump life back into this great project and move us forward. with good messaging this thing should be moving forward, I know the timelines, we have to wait but let's talk this up a bit more and get some enthusiasm back. Some may have run their race, and the finish line can't come quick enough.

All I am seeing is a truck load more sellers than buyers on the ASX day after day after day. What is actually happening ??????????