Member Info for loolie65

You'd hope they have time allocated for each item mentioned and would stick to the agenda. Otherwise there's little point in having it. Would be a great boost to hear it's over this hurdle. Fingers crossed!

With parliamentary elections happening this year in the Czech Republic, I wondered if the other parties which may get in (or likely future Prime Ministers) said how they view the Cinovec project? I saw that Babiš talked about the project many years ago when Geomet was being formed. But I couldn't see anything more recent.

Thanks for these updates Rprs. Really useful. Good to see that representatives from local government seem to be engaging constructively with the plans to mine and process the lithium. That's a very good sign.

Absolutely. And each investor is able to go back ten years, look at what was being said, what is being said now, consider the long-term prospects of lithium mining and then decide whether or not they would like to invest in the company.

I guess whether you believe investors here are wise or delusional depends very much on how you view the opportunity itself. As another poster highlighted, there is clearly a lot of positive work going on in the background to get this off the ground. And long-term investors buying from this point onwards may decide that given the predictions for lithium demand to grow in the coming years, this could fit well in their portfolio. Some might say, the global fall in lithium prices and the fact that the price here is currently low, presents an ideal opportunity to buy EMH shares at low prices. Obviously if you bought at a high price and have been stung by the fall, I can understand you'd feel differently. But there's also the chance to average down - all depends on how you view the investment.

Obviously this isn't financial advice and everyone needs to decide on the level of risk. All investments are a risk and each person needs to decide what the long-term likelihood is. Personally, as someone who came to this late, I've been very happy to buy more at this price. Each to their own!

I agree.

This is a genuine question as I think all shareholders feel very irritated by this situation. Is there anything we can do as shareholders to show our discontent? We have more power (albeit limited in the grand scheme) if we join together on this. Is there a way of registering our lack of confidence in KC or the board?

I've wondered about this too. The mention of submitting the application 'post-period' is suitably vague...

LukasK

I am aware that the outcome of European Commission bids are sometimes shared with participants with the stipulation that the outcome of who has received funding is not made public until they say so (often a few months later). Presumably, this is to allow them time to discuss with those not receiving funding and deal with any pushback from this. As this is about receiving strategic status, this perhaps doesn't apply here. Not sure.

I'm suggesting a possible reason for the delay but I don't know; I am speculating - just like everyone else on this board.

I wonder if the outcome is shared with applicants in December but any embargo on the news being shared more widely would only be lifted a few months later. Is this possible?

Thanks LukasK. I thought EMH confirmed in their recent annual report that they had applied for CRMA round 1.

Like you, I also see this coming good in the end. It would just be good to see some upward momentum sooner rather than later!

I was just looking at the EU's timeline for the first round of the CRMA strategic projects. Looks like their AIM is to announce the first round by end of Q4 2024 although I know with EU projects they often place an embargo on any info being released publicly after they have informed applicants. So, it might be first few months of 2025 before we hear the outcome.

Given the very low SP starting point here, I was wondering what people's thoughts are as to the price it might reach a) in the run-up to the announcement and b) if Cinovec were to be awarded strategic project status. I could be wrong (do your own research) but it seems like the price should go up significantly in next few months on anticipation of the news.

Also, if it is awarded this status, do people feel this would be enough to keep the price higher for longer?

I'd be interest to hear your thoughts.

Given

Hi all,

I think this has come up before. But just wanted to highlight again that the above chart showing recent buying and selling of shares is misleading for some.b

I bought 60,000 shares today at 11.21 which registers above as a 'sell '. I guess they're showing it from the Company's perspective but it's a bit counterintuitive.

Just wanted to flag it to everyone. BTW, I'm not recommended anything. I'm just happy with the level of risk at this price and expect an uplift in the price in coming months but understand from the comments lots of people may not be.

It's a hard one to call with this one. I've only been following and buying for about a year. But every time I think the SP is sure to shoot up, some other unexpected delay crops up.

Similar to Sid_fiddler69, I think the EU is unlikely to let it fall into other's hands and the price of lithium will rise again. But I have no idea what's to be gained from KC keeping right-lipped on progress or constantly putting out unrealistic deadlines. And yet he's kept his position so must be making those ultimately in charge happy.

I'm happy to keep holding for the moment but can see how frustrating it must be for those who have waited for years already.

I also agree that the lack of information coming out here is very frustrating.

BUT I'm holding my nerve and I remain positive when I think about the wider fundamentals:

- the DFS will be produced soon now even if after the self-imposed deadline in a week does pass; it'll be very frustrating but really not the end of the world

- there are too many key partners involved for this to rumble on forever. If any one person is seen to be purposefully holding this up they would be removed from post

- we know the Czech PM is fully behind this project

- the EU's Critical Raw Materials Act has now been signed, which seems to be excellent news for getting licenses/full approval for this and demand for (EU sourced) lithium is only going to increase

- the ZNWD resource over the border has been reassessed as a larger resource than previously thought (but not as big as this one) so a possible merger may be on the cards or at least joint processing plant (to cut costs) seems likely

- EMH's finances are in good order

- we know (from past communications in the Czech press) that consultations are happening to reassure the local community about mining here

I just wanted to share a little of where I am right now. Frustrated (like many of you) but still believing wholeheartedly in this project. Of course I understand if the frustration gets too much for some and they decide to sell up and take their hard earned cash elsewhere. But I'm sticking with it and remaining positive.

Good luck all!

Hi all. Long time follower here, but new to posting.

Apologies if this is a silly question. But I just noticed one of my purchase for EMH has come up as a 'SELL' in the Recent Trade list. I'm confused. Does it have to register as a 'SELL' first and then a 'BUY' when it settles?

If so, I'd been reading all 'SELLS' as just that which was giving me an incorrect view of general sentiment...

For what it's worth, I think the ZNWD news today is good for us. Some sort of joint enterprise seems inevitable, which I'd imagine can only significantly help the SP from here on up.