Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I have got to say that I think the funding issue went out of the window after the EU’s commitment to spend shed loads of cash post Covid to go carbon neutral. Yes we need to raise 30% in equity but when we do the 70% grant/loan is easy now. More to the point, the EU want to know ‘how much how quick’..... there is no other Eu project that can scale to the volume or at the speed we can; and we are amongst the cheapest production in the world, in the back yard of the demand...... EMH is a no brainier.
Have you seen the ramp up in media that has surrounded us since Christmas? EV stock channel, Howard Klein, Rodney Hooper, proactive investors x 2, Shard, WH Ireland, seeking alpha, benchmark minerals, share cafe, Reddit.....etc.........
And who gave WH Ireland permission to talk about expanded production? Likewise who told Rodney Hooper he could say that we were the easiest and soonest to be able to scale to 50 ktpa????
You read between the lines.....
Just putting 2 and 2 together and thinking lkdomi might be one of those short and desperate.....I believe that we are one announcement away from £1.60, and I don’t expect that announcement to be an offtake...... any time now.
This the really funny to hear right now....... I heard a rumour from my Aussie friends that our CEO had found out one of our brokers in London had been shorting our stock ........ so he ‘forgot’ to tell them about the recent placing, and they got burned........ looks like the boss knows the game and might be keeping a few handgrenades ready. Also seems that he has his fingers on the pulse and knows when he is being shorted, Also seems like he doesn’t like shorters...... so, please short us as much as you like.
The sensitivity report on pages 9-10 talks of 'expansion' 'economies of scale' 'if the project doubled in size'....... what do they know that I don't?
In the first 2 or so minutes of this pro active in vestment vid https://www.youtube.com/watch?v=q5ac45aJ3HE
KC talks about our the posibility of us having to raise 'as much as $75m' for our share of the build.... total build cost ~$480m, our 49% ~$240m so $165m coming from elswhere!!!!!
.....and soft loans
Don't forget Jiff........ we will have our own fund raising to do for capex. These guys are an insto that are specialising in the E revolution; if you look up their fund they specialise in European Lithium plays. It would not surprise me if they were connected to other European money, hopefully grants, soft loans and maybe we can keep our equity dilution as low as possible..... this might just be a good move in the long game.
'A Thematica representative said: “The strong growth in European EV sales and the rise
of domestic battery cell production is going to require substantial lithium supply in the
future. The European Raw Material Alliance (ERMA) has stated its ambition is to have
80% of lithium supply sourced locally – we see European Metals Holdings, that should
reach final investment decision in early 2022 post the completion of a definitive
feasibility study, as one of the first producers of battery-grade lithium chemicals on the
continent and given its large resource, a meaningful contributor to the ERMA target.”'
https://investi.com.au/api/announcements/emh/c07ae733-19b.pdf
Let me start the Sunday Evening debate..... drill results due any second.... what will this mean for the market confidence and the sp??? Most of us have heard KC say that the ore body is very uniform and that drilling will reveal what we already know..... but will it give confidence to lenders or offtakers? Will the market think that we might produce multiples of our PFS??
Comparisons with what has happened to many other Lithium companies sp over the last few weeks and months might indicate that we could be in for a ride!!!
But why is their sp/mc that high? Our PFS is based on selling at US$12,000 a ton. If they sold at that price they barely break even, we make 8,000 a ton. If those numbers are correct their PFS only shows profitability because that have put an average selling price over 30 years of US$21,000 it’s a nonsense.
https://www.zinnwaldlithium.com/projects/zinnwald-lithium-project/
Above is ZNWD PFS june 2019. Is there a more recent version?
Can some one run their eyes over these numbers from the PFS as they don't explain all the froth at the moment;
Annual production LCE 7,285 t. LOM 30yrs.
Revenue for 30 yrs Euro3.86bn.
EBITDA for 30 yrs Euro1.75bn
revenue per ton therefore 3.86bn/30/7,285= Euro 17,661 (=US$21,422)
EBITDA per ton therefore 1.75bn/30/7,285= Euro 8,007
therefore cost price per ton Euro 9,653 = US$11,702
and they only own 50% of the project..... am i missing something? Small production, high cost, very high selling price estimate?
I don’t think that we will get a resource upgrade for a month or more so I am expecting the results from a sort of stepout, exploratory drill combo!
Either way, one way or another it will show progress.
Would imagine that some drills should be with us very soon. Most explorers won’t release an RNS late Dec to early Jan and seem to remember Bert hoping to have something before Christmas..... therefore expecting/hoping for next Monday/Tuesday.
Even better if people stop selling their shares!!
Well, well, well, Ivan from EV Stock channel is at it again. It was his first vlog about Tesla and their potential supply of Lithium in Europe that lit a flame under our sp. This is vlog 2 featuring Rodney Hooper with Ivan, good background to start, fab about EMH from 17 mins to finish 5 mins later.....
Highlights:
EMH has enormous sized resource and conceivably could produce 50,000 tons of hydroxide a year internally.
EMH has employed SMS the German engineering group who have offered a fixed price build of the plant and production quality guarantees.
Summing up:
EMH finish their feasibility study next year, they have secured supportive low cost funding and the ability to raise the balance of the equity easily. They have CEZ as a partner so planning permission should not be an issue as it is 70% state owned and they have the flow sheet management from SMS in terms of cap ex and product guarantees...... in terms of a time horizon EMH can be soon to market in scale.
https://youtu.be/fecclkyrgak
(Thanks fingers)
One thing for certain now is that Tesla et al are moving towards price parity EV versus ICE. With that comes quicker uptake leading to much more investment in current and future generation tech/batteries..... and with that will come quicker development, cheaper products and more uptake; a virtuous circle.
99treble, thanks for taking the time. We are awaiting plenty of drill results, may they all be 'very good grades'.
I understand that there has been some kind of official 'launch' of EMH on the Nasdaq International this afternoon including a 30 second showcase. I haven't been able to locate the piece yet. I understand that this might be the start of much more promotion in the US ....... bring it on.