Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Probably a stretch, but I did always think the appointment of an M&A specialist could lead to something realted to Zinnwald Lithium - Even more so with the Memorandum of Cooperation signed between Saxony Mayor (?) and Czech PM. Mica, location, processing etc. would enable great synergy.
Lately, I'll be happy with EMH being bough out (for a fair price!)
I recall seeing share prices more often than not dropping upon DFS announcements rather than rising - I'm honestly not expecting it to be the catalyst that gets us back on track.
Offtakes, permitting, significant project financing and ultimately a "yes" FID will be what gets us out this gulley.
I'm torn as to whether the recent rise in SP is due to the wider market FINALLY realising the potential here or whether there's some big news on the horizon.
Maybe both?
Eitherway, if you bought at 31p recently, enjoy your 50%+ plus returns
It would be terribly embarrassing for Petr to have signed this memorandum of cooperation, specifically mention Cinovec and (so far) only Cinovec as a qualifying project, and for it to be prohibited at the permitting stage.
This is as close of a green light we'll get ahead of the actual FID, in my opinion.
Maybe it won't be such a bad idea to top up at this woeful price...
Interesting; I'll have to read more about their Czech project as I am not at all familiar. CEZ/Czech Gov could always seek to acquire just the single project .
Bit of a stretch, but the name "European Metals" does imply an endeavor to produce/extract more than just one type of metal...
Either way, given that this individual has only just been appointed, it may be some time before we see any news like this (a shock to very few!)
Ant, my intial thought upon seeing the appointment of an M&A specialist was in relation to EMH being bought rather than EMH doing the buying given current market cap... And before anyone says 'but but the protective shareholders agreement", that's in relation to CEZ and not a third party. It won't stop outside bids (which would be put to shareholders by vote) nor a hostile takeover.
I would've liked to have seen a consolidation of EMH and ZNWD as they're working on the same mica and just the other side of the tunnel, and I thought that's what the whole share guarantee with that German firm and German state support would've lead to, but ZNWD seem to be doing OK on their own given their latest institutional Investor...
All speculation of course
Keith stated during the latest Rock Stock interview that he will be attending the Benchmark Minerals conference that is taking place yesterday & today and suggested there could be some site visits given the proximity of Cinovec to the conference.
I know ZNWD are presenting, but let's hope Keith mingles enough to gather interest/awareness of the project.
I'm fortunate enough that I can hold my investment here for a maximum of 2 more years as that's when we'd be likely to need to cash for deposit towards upsizing our home.
Saying that, I have no interest in increasing my stake here given recent performance.
Trimming asset(s) to be M&A'd?
Been invested here for years and thought I'd pop-in given the news.
I know Ursula von der Leyen was in the US last week meeting with Joe Biden on how they can collaborate on green strategy/growth.
As for impact to EMH, the agreement that was struck allowed EU extraction/processing materials to qualify for the same tax breaks permitted to US companies as if they were based/extracted/processed in the US and vice versa. This is a double edged sword as it both gives EU access to US OEMs and US access to EU OEMs.
I think, overall for us, it's a good thing but could result in some competition when it comes to offtakes etc.