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PositiveV.....do you mean funded to production or funded to production decision?
up 8p on 700k trades so far......... 700k shares goes nowhere in the states.......
The German marketing outfit are not being paid to promote us to pi’s, they are putting us in front of investment bankers, politicians, potential offtakers, institutional investors, family offices, HNW private equity etc.
London South East
Tuesday, 1st December at 6pm
Back by popular demand, we are pleased to bring you another investor webinar, with CEOs from Cora Gold, Zephyr Energy, Power Metal Resources and VR Education.
AUS needs to catch up the here. There were plenty of buys at £0.40+ late Friday on AIM, that equates to Aus$72c + ..... its a good start but let’s see how the day goes. If the yanks want the shares they have to get them in the UK or Aus
ASX is gearing up for opening. Closed 55c on Friday ...... chunky buy orders on the book for 65c and 68.5c when the market opens Monday.
I am very comfortable here Bankruptsharebuy, especially with Farmer and the Quirks invested here and Bert in charge .......but what do you know that I don’t?
MM's trying to encourage people to take profit??
I can't remember the source but it was fairly recent and could have been in one of KC's interviews.
I may be wrong but I understand that the share is only officially listed on the AIM and the ASX and that MM's in other places. like Frankfurt, obtain their shares from official markets.
Just some guesses;
1/ CEZ will never sell any of their shares in Geomet. Why would they, state backed, owning the majority of one of the biggest strategic resources in Europe.
2/ If anyone want to buy into the project they will have to buy shares from a current EMH shareholder, and those shares are tightly held. Tesla might be able to buy into the project but could never buy all of the project.
3/ CEZ will want a good chunk of Geomets production. Whilst there are agreements between CEZ and EMH over the price, volume and proportion of the offtakes CEZ will be first in the queue.
4/ IT is important to get on the Czech exchange because otherwise, on January 1st, EMH will not be on a European exchange and this may damage their fund raising.
5,800 reads now.......
Maybe the EV stock channel report being read by the Teslaratti is the news?
Love this..... re Cinovec.
https://youtu.be/051y3zAeE6c
This guy has a big readership. 5,500 views in first 5 hours.
That is interesting to hear CZLi, my info about mining depth is almost a year old, do you know what else CEZ presented to the mayor and when?
CZLi.... in answer to your post;
Yes, tin was mined there for centuries, but nobody give a heck about environment than. AGREED
Unfortunately lithium deposit is located more than 200 meters down below surface. I DON'T BELIEVE THIS TO BE TRUE, I UNDERSTOOD THAT THE PERFECT ECONOMIC SCENARIO WAS TO OPENCAST THE ORE BUT THAT THIS WILL NOT HAPPEN FOR ENVIRONMENTAL REASONS. I THINK THAT THEY NEED TO LEAVE A 30M DISTANCE BETWEEN EXTRACTION AND SURFACE.
And now it comes down to technology and financing it and making products that will be cost effective. AGREED. OUR PRODUCTS SHOULD BE VERY COMPETITIVE ESP IF WE GET A TIN CREDIT (AROUND $500 PER TON AT $15,000 TIN PRICE), Don't forget CEZ can always back up from this adventure until next year but I personally believe he is not going to do so. IT IS NOT IN CEZ INTEREST TO BACK UP THE PROJECT UNLESS THEY BELIEVE THAT THEY CAN TAKE BACK THE 49% THAT EMH OWN, IN WHICH CASE THEY LEAVE THEMSELVES OPEN TO ARBITRATION SUITS UNDER EUROPEAN LAW AND POTENTIALLY ALIENATE THEMSELVES FROM THE EUROPEAN MONEY THAT WILL FUND MUCH OF THIS..... WHY BE TIED UP IN COURT AND JEOPARDIZE BEING FRONT AND CENTRE WITHIN THE EUROPEAN ELECTRIC REVOLUTION? CEZ HAS NUMEROUS INTERNATIONAL JV'S, THEY WOULDN'T TRASH THEIR REPUTATION.
CEZ is already applying for all kinds of permits needed for future operations and CEZ is the ONE holding all the aces in this game. THE DEAL WAS A NECESSARY ONE FOR BOTH PARTIES, EMH HAD THE OWNERSHIP, CEZ HAD THE POWER
Please quote your source GSDSITGS.
This is your first post on here and I find it hard to believe.
The project first came to the attention of EMH as a Tin mine, not a Lithium mine, and you now say that there will be no Tin credit? Tin has been mined here for 600 years.
Good question Privinvest. Will erris bring Zinnwald into production on its own?
KC always said that Zinnwald had lower Tin and Tantalum credits and therefore worse economics, so perhaps they can produce at $5-6k against us at around $4k..... so, not a huge difference and still low on the global cost curve. The cost of building 25ktpa capacity is around $500m. To build 50ktpa $800m
To build 100ktpa ~$1300m
So there are economies of scale and so it seems sensible to build one huge plant.
The German and Czech auto economies are linked in many ways with much manufacturing in the CR and assembly in Germany. Germany is the most significant player in Europe and has the banks to fund these project (and we are using Germany engineers to design and build the mine/plant) Then, I guess, you bring in European politics and ask whether the Germans trust the Czechs enough to do a JV with them? Would the Germans trust CEZ?
I see little danger of over production in Europe for the next decade, besides, we will produce at globally competitive prices. Another good reason to bring everyone together in one large JV is the borrowing costs. A stand alone mine and processing plant would have traditional borrowing costs of 10-14% the automotives/battery makers probably
3-5% at the moment....... interesting times.
Howard Klein, Gerrit Fuelling and Rodney Hooper talk Lithium supply. Fuelling was with the European company Rockwood before it was taken over by Albermarle around 5 years ago, he has 30 years in the Lithium business. EMH were very much on Rockwoods radar back then but the take over led to a focus on Australian spodumene mining with Chinese processing for the company. Fuelling will know as much about our project as any one. Great publicity, we are starting to get noticed now.
https://youtu.be/SP35mosKqjI