Member Info for LLInv

Those expecting the DFS at the end of this month are setting themselves up for disappointed. Hell, those expecting the DFS in Q1 are just as worse off.

Fundamentals suggest I should be accumulating at these levels, but that fact that there have been no director buys sub-40p is a red flag IMO.

No, Sairfecht - Unlikely to move anymore than 10%, if any gain at all.

A series of positive announcements relating to FID, Offtakes, permitting and CRMA funding will see this share to ATH, I reckon.

I do believe the aforementioned series of positive announcements will come in relatively quick succession, however I don't think the DFS will be the silver bullet people hope it will be.

Wasn't aware and don't have an understanding of what's going on at our majority partner's neck of the woods, but sharing here in case of interest:

https://www.bloomberg.com/news/articles/2024-01-10/czechs-delay-verdict-on-bill-guiding-revamp-of-power-maker-cez?srnd=premium-uk&leadSource=uverify%20wall

The reason behind Northvolt getting that sweet €902m wedge of state aid was because of a EU initiative to match/compete with state aid in other countries outside of the EU (mainly the US's IRA), so that companies don't relocate and take jobs etc. from them.

The circumstances behind this particular grant are very different from the circumstances EMH are in as it's widely known that it is difficult to relocate a mineral deposit.

I couldn't help but laugh when I read today's RNS - Perhaps it's just a coping mechanism, or maybe this share really is comedy.

I've said this before; I don't think the DFS is going to be the kick this share needs - In fact, I don't think it's going to move a % up, more likely down. Underground mines are significantly more expensive to build and operate and I suspect the CAPEX will be eye-watering. With no financial grants anytime soon, the offtake-can being kicked further and further down the road and the spot price of the very commodity this share depends on falling through the floor, the DFS won't paint a pretty picture.

Maybe the DFS delay isn't such a bad thing - It'd shorten the gap between the bad news (DFS) and the good (EU grants)?... All I'm sure of is, without EU grants, this project is dead - Not even going to talk about permitting!

Personally, I'm taking this share off my track as it just infuriates me to no end. I'll continue to hold, and even with annual bonus in Jan, I won't be trying to average down.

Wishing you all a great Christmas and a prosperous New Year, be it because of this share or otherwise.

... At the earliest!

I don't think the DFS is going to be the kick this share price needs.

EU funding/grants, offtakes and, of course, a green light for FID is where we'll see returns. I wouldn't expect any of this until Q2 2024.

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.

49% of Czech lithium being owned by an Australian company registered in the British Virgin Islands isn't great for local support - Best they avoid mentioning EMH, frankly

EMH will not go above £10 because I would simply make too much money and the world is not that kind

That answer to the final question is a real confidence boost.

Hot Copper is showing 19% for me

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's these smaller milestones/prerequisites that we should have been recieving just to fill the gaps between the major announcements.

Starting to get some momentum now!

Seems as if recently the last 30-60mins of trading is where we're seeing the daily highs - US catching on?

Positive trend the last week or so, but it's a long way back to 75p

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...

Thanks, Ant - I would but my employer restricts which brokers I am able to use and Hargreaves Lansdown don't seem to allow me to trade ASO.

Best of luck regardless!

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!)