Member Info for jimb2

Dallasdaz,

your version looks like you put a great deal of work in, good job!

I'm not sure what version people are viewing, here's another cleanup version but be careful with typos and context might not reflect the original, I will remove later,

https://drive.google.com/file/d/1znOFhcjA-2_n4tG0iBnoKqGgnH8n_L3X/view?usp=sharing

Sorry I meant to add this link:

https://gridwatch.co.uk/

20% to 30% of the UK electricity seems to be from wind at present, it's been like that for a while, what a massive potential!

Just a little slightly off-topic -

There's no doubt we are full steam ahead in the energy and transport disruption (ask the Tesla shorters) and one area I have posted on is wind turbines and the demand for 500Kg - 750Kg per Mwh of Rare earth metals and partly why HAS is looking so promising.

So permanent magnets give efficiency to motors and generators and that's mainly the reason for using REM's for their magnetic properties such as Neodymium, well just like Cobalt in EV batteries there's a desire to reduce dependencies on some of these materials and this UK company has developed a generator for wind turbines that is REM free but offers comparable performance.

Point being disruption brings new opportunities and before the ramping accusations come - they are not listed at the moment but what a great story from a British company:

2018 75Kwh
https://www.youtube.com/watch?v=2ePXuPjwva4

2019 250Kwh
Building the generator:
https://youtu.be/oCXfaC2UOjM

Just one that might get listed!

Today is 59 days since the RNS of April 14th the last business day to fall within the 60 days and calendar 59th - and yes Brazil is 4 hours behind so 8:00 AM ish.

Court Petition

The permission to export the iron ore was granted by the Court, as a result of a petition filed by DEV and supported by the judicial trustees of DEV, KMPG Brazil and the creditors committee.

https://www.lse.co.uk/rns/KDNC/court-approval-to-commence-iron-ore-shipments-lv899dufpruz5g4.html

I do hope we are dealing with KPMG and this is a typo!

Krupa was stung when Kraft posted bad results and they got burnt so as the old saying goes people in glass houses, I don't see them as being serious however they do already have a small percentage of EMH and so it might well be a stunt?

A little while back but when they screwed up!

https://www.prnewswire.com/news-releases/krupa-global-investments-urges-buffett-to-intervene-immediately-at-kraft-heinz-demands-special-meeting-of-stockholders-300801087.html

Still interesting to follow

The appendix covers Krupa's intentions for anyone interested:

https://www.lse.co.uk/rns/EMH/response-to-voluntary-tender-offer-qy18exfpt5bc92t.html

The Offeror initiates the Tender Offer on Thursday, 11 June 2020 ("Date") by notifying shareholders and Board of Directors of the Company. Tender offer does not require any regulatory approval from AIM or ASX nor Take-over Panel in United Kingdom. The Tender Offer is following rules written in Memorandum and Articles of Association of European Metals Holdings Limited according to The BVI Companies ACT, 2004.

The Board of European Metals Holdings Limited ("European Metals", "EMH" or "the Company") (ASX & AIM: EMH) has been informed today that Krupa Global Investments a.s. ("Krupa"), together with Ceské Lithium a.s ("Czech Lithium") and partners, has purportedly made a voluntary tender offer to all shareholders in EMH for the acquisition of 29.9% of their shares at a price of 15.5p (or AUD$0.283) per share in cash. EMH has been informed by Krupa that it has made its tender offer announcement through certain media outlets, but so far as EMH is aware, Krupa has not made any announcement through a regulated information service such as RNS, nor to ASX, nor has it published any tender offer document containing detailed terms and conditions. The purported tender offer has been made unilaterally by Krupa and its associates and without prior consultation with EMH.

Now, this should get interesting if we see any potential off-takers joining the party:

8. SETTLEMENT
Holders of Company's shares should contact Offeror directly if interested in sale of their shares in Company by sending email to juraj.krupa@krupainvestments.com. If the acceptance threshold of 20% will be reached within the period, Offeror will provide appropriate documentation and bank details to proceed with the acquisition of tendered shares of Company. The Offeror will publicly announce results of the Tender Offer upon the period mentioned above.

Just worth looking back to 16th January 2019 to see why perhaps the SP hasn't moved:

The Board of European Metals Holdings Limited ("European Metals" or "the Company") confirms that it received on 15 January 2019 a letter from Krupa Global Investments (KGI) purporting to make an indicative offer on behalf of the Ceske Litihium company (a member of the KGI Group) to "purchase the lithium mining and processing project at Cinovec".

The purported inidcative offer letter however does not contain any detail with regards to price, terms or conditions. In light of the absence of this information European Metals does not consider this to be an offer to which it can give consideration at this time.

European Metals is making this announcement as it has become aware that KGI has released its letter to the Czech Press. European Metals has had no discussion with KGI on this matter.

Still, we are near 18 months on and the European EV market is just ripe for sourcing lithium and so hopefully this will gain some momentum,

Thanks, tomcat-14 and observer842,

Now is a good time to have this discussion to save any disappointment coming towards the end of the week, I agree with observer842 calendar days, oh well one thing for sure is LTH's know how to wait.

GLA

What are the thoughts on what will happen if the banks don't reach an agreement?

''or the Court might rule on the annulment of the Bank Liens and consider the banks as unsecured creditors''

DEV also filed a further petition which requested the release of R$400,000 (~US$78,000) currently held in a judicial account to be used for essential maintenance at the wholly-owned private port and the removal of the secured bank creditors liens ("Bank Liens") over DEV and its assets. The Court ruled to release the funds. In addition, the Court has requested that the secured bank creditors reach an agreement with the JV Partners and DEV within 60 days or the Court might rule on the annulment of the Bank Liens and consider the banks as unsecured creditors. As unsecured creditors, the bank's credit will be subject to restructuring plan limits and discounts and be paid from free cash flow from DEV, which may be over fifteen years.

I wish that read the courts 'will' and not 'might' although it does appear the courts are supporting the opening of the project.

I'm still following battery metals!

Just to reiterate

https://www.bbc.co.uk/news/science-environment-52968716

Last top-up for me 4:22 PM 8.75p - I was expecting to see 12p sustained but will take the opportunity as we are now 56 days since the RNS of April 14th and so hope to see the banks settle, I would imagine Friday will be the last working to comply.

Don't underestimate the stimulus governments are willing to apply to get economies running again and no secret they are focusing on green energy and transport:

Boris considering £6000 trade in to go electric -

https://www.thisismoney.co.uk/money/cars/article-8398385/Boris-Johnson-considering-slashing-prices-new-EVs-6-000.html

Such a move would be a huge milestone for the sector as it would bring price parity for electric cars compared to models with internal combustion engines for the first time in the UK.

Boris considering £6000 trade in to go electric -

https://www.thisismoney.co.uk/money/cars/article-8398385/Boris-Johnson-considering-slashing-prices-new-EVs-6-000.html

Boris considering £6000 trade in to go electric -

https://www.thisismoney.co.uk/money/cars/article-8398385/Boris-Johnson-considering-slashing-prices-new-EVs-6-000.html

Boris considering £6000 trade in to go electric -

https://www.thisismoney.co.uk/money/cars/article-8398385/Boris-Johnson-considering-slashing-prices-new-EVs-6-000.html

It's good to look back and see how close they were with an inferior product and a market that wasn't looking to reduce fossil fuels as a priority and today Europe with hundreds of billions to invest is pushing renewables.

https://www.lse.co.uk/rns/INSP/agreement-with-a-major-european-utility-company-98bogs25jpen1mq.html

Note 3 patents registered and 5 pending with output of 3Kw and today 6.4Kw - plus today we are striving to have a hydrogen gas supply.

So for those who suggest this is an elaborate lie stay well clear!

For those who like graphs:

https://en.wikipedia.org/wiki/Energy_in_the_United_Kingdom#/media/File:UK_electricity_production_by_source.png

fossils shown in red include coal that is now well below 7% and the remainder is gas.

Back in 2015 coal would have been circa 50%:

https://www.independent.co.uk/environment/coal-free-power-generation-grid-climate-crisis-fossil-fuels-coronavirus-lockdown-a9487571.html

Always worth a look as I type:

Gas 27% Wind 24% Nuclear 19%

https://gridwatch.co.uk/

GLA

And that's why a Stirling engine patent isn't essential, they do have a patent that looks to provide DC without interruption as the stroke changes on the generating side.

https://worldwide.espacenet.com/patent/search/family/042799264/publication/WO2012013982A2?q=inspirit%20energy

I wouldn't imagine that's enough to prevent someone from producing a similar unit, still, we will find out how Inspirit has protected their IP when all becomes evident as product launch is an announced, they certainly have held their cards close to their chest not even releasing details of the University they have been in collaboration with.

GLA

Greenspan, I mentioned yesterday ferrite and Halbach - Greenspur have a generator that doesn't use rare-earths for it's permanent magnets, they have an engineer who patented a linear motor in the 1980's that still in use globally today and the company have worked with several UK universities.

I do wonder if the improved efficiency of the Inspirit tech is connected, add to that the scale they are now able to deal with 300Kw with Greenspur having demonstrated 75Kw and 250Kw generators 2016 - 2019

Website: http://www.greenspur.co.uk/
Services
World leading electromagnetic expertise, R&D and prototyping skills.
Long standing R&D relationships with leading Universities.
An excellent understanding of IP and global patent prosecution, and
A unique understanding of magnet manufacturing and assembly processes.

~~~~~~~~~
Halbach effect is a way of getting efficiency from magnetic arrangements in motors and generators by flipping the fields to act in one direction - it's used amongst others by Tesla in its EV motors. (just my thoughts on how they might have improved efficiency)

The huge advantage of the DD PMG manufactured by Tees Components is that it is rare earth-free. Ferrite is up to 40 times cheaper and much more abundant, with the ability to manufacture ferrite magnets in the UK.

And add to that the Diffusion Alloys business establish 1955.

https://www.diffusion-alloys.com/

https://www.diffusion-alloys.com/content/turbomachinery
TURBOMACHINERY COMPONENT COATINGS
DAL is a leading European player in the protection of turbomachinery components. Our corrosion-resistant coatings are geared towards extending the life of stationary, marine-environment & flight gas turbine components, offering durable protection against the metal degradation issues that arise in aggressive, high temperature environments.

All could be coincidental - but so complimentary on several fronts!

https://www.diffusion-alloys.com/content/merger-diffusion-alloys-greenspur-%E2%80%93-open-letter-employees-shareholders-customers-suppliers

It is intended that the combined operation will seek further expansion financing via a planned listing on the London AIM stock market. Access to additional finance options remains key to delivering on the expectations of our current and future customers, our employees, our shareholders and all other stakeholders. The core message from our re-aligned Board of Directors is that every stakeholder should be excited by the new opportunities of the combined businesses.

Chris Heminway
Director and significant shareholder