Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
History of being in this share for a long time tells me :
- Broker targets are a waste of time
- 21 billion shares in issue it's not going to get to 4.4p .
- Despite thinking cash position is ok, a fund raise always seems to be around the corner.
- CEO costs are ridiculously high
From the IM-Mining article, KC says "It is not expected that this will delay the critical path of the project" - since we don't know the timeline for the critical path, it doesn't really help.
… being kept in the dark and fed cr@p, as the saying goes.
PI’s are almost always fed partial information with little or no explanation as timelines slip and slide.
At this point I still think there is plenty of upside in the share price and I have been invested so long that I might as well hang on.
As CEZ are in the driving seat, I’ll take a bit more notice of what they are saying, Keith still has some work to do on his communications skills.
If CEZ are saying start of mining 2026, lets hope that is a better indication of timeline that we have had previously and will mean some significant milestones this year.
"The start of mining and subsequent production of lithium hydroxide or carbonate is planned for
2026, while the expected production capacity of the required form of lithium will be sufficient to
produce 30 GWh of EV batteries annually"
I'm almost certainly going to wait as I planned until June this year before deciding what to do (probably). No question timelines have slipped horrendously and KC would better serve us as shareholders to not put out speculative milestones \ timelines. CEZ are in the driving seat, we are somewhat unwilling passengers.
I'm still planning to hang onto all mine until end of Q2 2023, then see. Id' hope by then some significant milestones will have been reached.
Still think KC shouldn't promise or give hints to things until his is 80-90% sure they will happen in the timeframe he states.
I have been holding shares for a long time, building a large holding. I should have sold and bought back at various times, but decide just to hold (primarily because of my poor record at picking the right time with other shares).
I'm up 140% currently, but hoped it would be a lot more by now. I still think there is a good upside, even if we get bought out (although personally I'd be happier to see it all the way to Production).
Going to keep waiting, but I hope next year proves to be a major stepping point, otherwise I might have to rethink my retirement plans.
My impression is that CEZ are not as keen to move forward as quickly as the shareholders of EMH. Is it because of CEZ potential GF, waiting for VW to decide, waiting for EU to commit funds to development or dragging it out to gain advantage to buyout EMH ? I have no idea, but I'm sure they are prioritising what is best for CEZ and their shareholders.