Member Info for MajorOak

Hi dvsfm. We have chatted before going back a few years.
My E3 holding is a slow build. At the moment I am unsure of just how big I want to go.
Couple of points that in time E3 will clear up and I will decide probably around then as to how much value I see.
Would like the pipeline to be confirmed officially my main point. Also I want to see how they raise the next cash run?
It will show me their model.

Extremely happy to add more to SLL tbh on this dip.

1 - Processing plant now completed and running in Arkansas , brought down and rebuilt from Canada. Less time to processing, refuced costs, increase in production forecast.
2 - First actual production from the plant ie a bulk amount created. Details or time, grade, scale from plant and scale up going forward.
3 - Offtake by Stellantis ( Chrysler owner or S Korean venture ).

Then I will re assess from that point.

I will get more involved with E3 in time, but I see my near term profit being here as its one of the most advanced in the US and up there globally in timeline to production.

There are a couple of other companies I am watching , but again I want to see a couple of things which show their hands and the way the company do business before I go forward with then or add to either E3 , Frontier or PLL.

Lots going on. Plus hydrogen , which I also hold and couple push more money towards, but sentiment is strongly behind lithium. Its the sexy one at the moment, but give it another 12-18 months and some solid production figures for hydrogen will start to compete , all imho.

Its a matter of timing. Both assets lithium & hydrogen will do well.

Greenmachine. Simple answer - experience of emh.
It was risk free imho back in 2017-2018. Geo is bang on.
Historic data and mine plan bang on.
Already had basic process lined up, bang on.
Production noted for 2021, bang on , so around 3-4 years.
MoU signed by Keith , top notch.
VW and S Korean big interest, bang on.
Tin offtake on the table , bang on.
So all this and a brilliant geo mapping of the hulk of lithium, tin and other by products by 2018.

Czech GOVERNMENT cancel MoU , not good.
CEZ ( Czech Gov ) buy in after other weird Slovak investors throw in 18p a share ??? Not good.
Courtcases, not good.
CEZ ( czech gov ) STILL not got any offtake eg VUL 2 by LG & Renault , PLL have Tesla yet not a permit or spade in the ground. Core in Oz have Tesla, Jadar had RIO TINTO. Still no offtake .... speaks volumes ( or lack of to me ).
March news tip, takeoff in mid April .... Hmmm.
DFS ....
Mine to production....god knows when ? My guess is 2026-28.

So many missed chances, communist President, Babis who has been proven to be well dodgy is Prime Minister and likely to get another term. Ok, he wins great. Ok CEZ are Czech and gov owned. How much further along are we since 2017-18. Nowhere.

I did hold about 1% of all shares back in 2017, but now am out. Geology risk - 2% to fail. Political risk 60-75% to delay and have friction increasing risk. History has shown czech do not like money leaving the country. Actions have already shown this. Good for them, not good for us.

I still have a high concern for Russian influence.
Look its not going to be Crimea style , but would anyone have perdicted that or invasion of Ukraine ? Look I am not saying anything like an invasion of czech ( lol) but the truth is Cinivec is THE biggest asset in central europe.

It is a kin to a gold coin laying in a busy street. Everybody is looking at it and walking by. Everyone wishes they could just take it but just walk on by incase someone nabs them.

My head says 100%, my experience and heart sadly say the risk is to high for me at this poker table.

In 4 years time and another election who knows the political stability of Czech ! Nobody on here can tell you that. I feel I would put the risk of owning here to the risk of buying in Argentina, Bolivia or China. At any point the Gov could tax, take permits, treat you a foriegn as the product leaves the country.

EG. Czech Gov could say all lithium must stay in Czech. We will build all processing plant here and then give it out, via contract with 25% tax for export to Germany.

Now would you want to be around for that ? Example only but look at S America and what has gone on here !

Nobody can tell me it will never happen.

Left emh after the CEO had signed the MoU with Babis and Czech Gov, then Babis realised how much he was giving away to Ozzies and it was not playing well with the people of Czech, letting billions go to a non czech company for "their" lithium.
Greed , politics and back handers all over it.

The geology is 100% correct. I've had a lot of time with Mr Keller. We agree to disagree. He will get his day and his money , but the asset is billions and a strong pro communist President Kesman and puppet Babis who is a bent as they come ( thats why the EU will not loan him money for his Agroculture business , he just pocketed the money ). Just be very very careful.
Czech people need this mine, but Russia will be in the background 100% and who knows what they can and will do to get lithium supply ?

Just be careful. Imho its worth around £5-8.00. Am I in ?
No way. Got burned before. Tried once more around 65p and the 'soothsayers' on the forum ( fingers and Iain ) are both right. Direct line to Keith, but their preductions just keep being delayed. What does that tell you ?
The CEO is directly telling them 'x' will likely happen and it drifts ... Check out fingers in March saying offtake mid April.
Still waiting.... It is there in print for you to check. Not my words but his. Heard it time and time again. If they can't drop hints right then nobody can.

Standard Lithium. I sold some profit. Put it in Frontier. Then Standard nose dived , so I sold half of Frontier and bought back in ( 20% added to long term hold ) at 9.50ish.

News x3 coming so was happy to rebuy with free money from previous profit. I feel very happy. Will retake profit once 3rd bit of news drops in, so as I said hopefully 15-18 dollars.

Tisibis, is Vulcan not a 24/7 operation extracting brine and producing LCE within 48 hours ? Virtually carbon zero that is why its very small footprint got the 2 offtakes 5 years before production. Kerching. Carbon foorprint will avoid EU polution taxes.
Probably why nobody has bought in to emh or the government funded CEZ ? Or is it nobody trusts CEZ anyway ? VW have been on the table along with several tin offtake offers since 2018. Now is that totally untrue ?
VW certainly in talks since then...yawn.

German unions in Saxony not wanting to lose work to Czech underdogs. German contracts for German workers.
Again, is this an issue for VW ... certainly taking there time.

My question is if it is SO SO obvious that emh is the best mine in the world as some would have us believe, how come it should have opened for production this year 2021 ?
Still waiting ...

As for sitting down with the top brass. I lost £28,000 in 3 days when a CEO took me for lunch and we talked about Rugby in Leics. Its all bllx , don't believe a word.

Babis could be told by Kesman that Putin wants more influence over whats going on and cancel any deal. Not one person on here can tell me that 100% would not happen.
CEZ could buy out emh for scraps and keep the billions for their own Czech people / government. That would win him the election without question. It would just leave a few investors unhappy , so what, the Czech gov have control.

..... Just watch your backs is all I am saying. 2021 should have been the start of production. ????

Hi Tyson. Always a good read.

SLL must be nearly demonstration ready on site by now.
Cannot be much longer.
So then the news will be RNS - Plant to process chloride to LCE/Hydroxide is now in operation. Then depending on time scale based on the companies objectives, RNS on how much the first 'x' of production was done and the details of time, grade, scale up and next steps.
I would then expect more offtake news - still waiting for Stellantis to announce Chrysler.

3 major share price nuggets that should get it up to US$15-18.00. imo. You know I am genuine with my views, so fingers crossed.

Crypto is way out of my field. I did very well from your ARB tip and I thank you now as I did at the time, but I can't get my head around it not being physical and the implication of its energy consumption? In an era now when Musk will not buy any nickel or lithium from high energy high co2 footprint companies all I can see is global governments cracking down on crypto generation rather than expanding it ? You know way more than I do on this so I could be way off, but it seems to go against the climate change wave of change ?

Anyway, we all invest in the things we like and I'd never say do or don't. I will out of kindness try and suggest possible negs when I feel its needed, no company gets it right all the time. But good luck. Frontier is a long term project so there are at least 2 years before the big things happen. Good call if you feel uneasy about it. Cool with me. Just check in every now and again and see if anything has changed that may sway you. Until then go with your gut.

All the best.

Tyson. I know the main shareholder. There are all but 4-5 people who bought lower than 7-8p. I know , I was in at 7.5p-8p. I sold out once the gov cancelled the MoU because they didn't realise just how much cinovec was worth. I did ok. Sold most on the fall back in the mid 70's, then last trench around 54p.
Way too political for my money. Greed all over emh.
Most investors after 2019 think its a mine in the centre of europe. It is and its fantastic. I had the mine map if tunnels, how many inches they need to take off the stoop to get the crusher down , underground, how and where the dewatering will happen , I know a lot. I found the old **** ponds and was first to post the locations. One privately owned.

Right know they say 7mt lce and around 400,000t tin.
I can give you my workings out. 10mt lce easy , not including block 2 next door. 550,000-650,000 t tin is my estimate. Lets see in a couple of years what they come up with. I bet you £1m quid its around my figures and possibly more if the tech improves.

Its the communists in czech, CEZ are part gov BUT still both Babis and Zeman are the gov and CEZ have all sorts of ties in the background that they have to skim off to get other deals through or get their cut of Cinovec. It makes me feel sick to my stomach to think about all the politics that could halt the process at the click of the fingers. Most investors are just following the lithium bull and really know F all about the village, the back ground, the russian interference etc. Just be careful. You could make a million easy.

You could lose the lot if the go private .... ? Anyone even mentioned this yet ? Nope. Literally anything is on the table along with takeoff deals done way back in 2018.

Question , why has VW not signed up yet ? 2018 they were in regular talks. Nobody had eben heard about Vulcan or Cornish or Portugese lithium. Jadar was found about 18 months after VW were talking to emh. Its bonkers what I know has gone on.

It is only now you have the herd who know nothing, claim everything is £5 and ignore anything to do with what Babus , Kesman or the Russians can or will do with a $2-3Billion project. Greed comes from all over.

One last point on emh. They say the EU will come to the rescue with loans , funding etc. The EU have filed accounts have they in near 10 years !!! Just to trust the EU not to screw shareholders is again ignoring what could be possible. If Russia start to play hard ball with Czech, what will the EU do ? Lithium is a critical metal like oil to the Balkans. It is serious s@@# and they will not F around.

Just be very very careful.

Tak , tsibis. I knew I would get trashed for bringing up the election, but I held through that and got screwed. Typical slow slow pace from emh.
M Wall - did I mention germany ? I did mention VW global company and EU funding and also EU turning down things due specifically to the Babis / Zeman muppets with a back door to old russia that they just cannot shut.
If this rise was after elections I would be happier.
It is not. As tsibis says its speculation based on new official news. Unless there is a huge leak and this ship has huge holes due to the brown envelopes being passed around.

The geology 100% bang on.
The ownership 50/50 no plused.
The politics 10% confidence, seen many a good share ruined over greed.

Cinovec geology is 100% what we want, need and are desperate for. Literally fingers crossed.

https://praguebusinessjournal.com/ec-rejects-fatras-subsidy-application/

https://praguebusinessjournal.com/government-to-sue-eu-over-agrofert-subsidies/

Here we go again.

Fingers , you said back in March there was news to come in April and strongly hinted at an offtake, one of 4 possible.

April has passed and gone. Is Babis the problem here? The EU are really not happy with him or Zeman. Can VW invest and trust CEZ, Babis and the mix of pro and anti Russian influence.

I see "spygate" is also beginning to come to press now. Feels very much like the build up to the last election?

https://praguebusinessjournal.com/russia-helped-babis-win-the-elections-what-will-the-pm-do-about-it/

https://www.telegraph.co.uk/business/2021/08/11/lithium-found-cornwall/

Electricity to be generated for UK homes and fed in to the grid by 2022, so next year thats income from Cornish Lithiums partner. The testing of brines will , imho, prove up , based on emh stratagraphic Westphalian lithium belt, up to the 50,000-60,000tpa that the CEO has hinted at.

Revenues for CUSN & Cornish Lithium ( CUSI ? from next year as they list on the markets ). Cheap shares or % roylaties for CUSN from CULI ;-)))

Just wait for the scale up of brine ;-)))

"Geothermal Engineering's testing plant in United Downs, Cornwall, is also on track to deliver electricity to the national grid in 2022."

So that's income right ? From next year. Scale up will be fast, quick and modular with near zero carbon and up to 60,000tpa for the UK market.

https://www.telegraph.co.uk/business/2021/08/11/lithium-found-cornwall/

Best of luck. Finally it looks like you will get your AS$5.00 to start with.

Say hi to hugh heffner from the boy with no voice.

All my very best.

Mr Keller also said in march this year an offtake would happen in April.

Still waiting .... See you believe in everyone and still it can not happen or can change drastically.

Go for it buddy and hope you make x 10 from here

PS - I was one of the early ones in from the UK and thats how me and him met. I bought at 8p and sold on the folly of the cancelled GOVERNMENT MOU at between 80 to 75p.

Yeah , right dumb I am. KERCHING

Sivad .... Naive about the fact CEZ are 51% Gov backed.

Would that be the gov who cancelled the MoU in 2018 ?

So let me play even dumber ? What happens to the deal when / if the current Russian backed Babis does not like the national vote against his stooge ?

Pro EU guys get in and start doshing out lithium to all within the EU , but not much for Mr Putin to gain from or his stooges.

Are they going to A - accept it all and walk away from billions of eu grants going in to their coffers via the Czech Giv or

B - Be a stuborn as F ?

Whatta ya think mate ? They have already dealyed the project by 4 years. 2021 should have seen the mine open and yes I know the main shareholder , so I think I have the full picture but we both have a different view and agree to differ. Just like adults do.

Naive lol

Cornish LITHIUM to EMH Cinovec all linked via the Westphalian Strata.

Now who is the best valued and who is achiving valuation ?
I buy low and Cornish Metals will benefit when Cornish Lithium spin off next year. The lithium is there EMH, VUL, Emaret ( france ) CUSN and on in to spodumene rock rich Ireland.

https://www.jstor.org/stable/pdf/30002423.pdf

Enjoy ... We will be next !!! No doubts.

Lithium from Cornwall stretching to Czech via the Westphalian Starta makes EMH , VUL & CUSN all look so much more appealing. Same lithium strata , deals to come for all.
https://www.jstor.org/stable/pdf/30002423.pdf

UK LITHIUM BRINE - Modular, multiple sites with world class pressure, heat and lithium mmg per litre.

Only time that will prove up Cornish Lithium and spinning out to become an independantly listed company. Cornish Metal shareholders - thats us TICK - should get us freebor cheap shares offer in CU LI & Royalties which as I have said previously WILL become the predominant revenue in the next 2-5 years until the Tin , Copper and other by products get mined out.

Anyway I 100% recomend reading this. Looking at Vulcan Resources latest presentation and path to the LG & Renault Lithium offtakes completed. Also ( with emh currently up 30+% in the last 2 days ) 100% look at the cinovec geology and the maps and geological reports showing the Cinovec European strata stretching across to Cornwall/ Scilies and Ireland.

https://www.google.com/url?q=https://geothermal-energy-journal.springeropen.com/track/pdf/10.1186/s40517-016-0046-8.pdf&sa=U&ved=2ahUKEwjY5-j0nKvyAhVMgFwKHXy1CJUQFnoECAkQAQ&usg=AOvVaw2WlGMxZZw3m7bIeRKfvFJC

This has probably been posted , but if you have not read about the previous testing of 5 main granite outcrops ( granite being the common denominator of high pressure and heat at depth for Lithium Brine production flow ).

My 2 100% targets would be B North East Bodmin & LE South , but time will prove me right on this by one company or the other ;-)))

Anyway , imho it is nailed on. Vulcan Resources are a great example of the plan that is coming and CUSN will have % 100 great results.

All the best everyone. Our turn soon.

UK LITHIUM 50,000-60,000 tons per year via BRINE 'could' possibly be produced ! You bet ya. Reading the report myself, Keller and Wrathall were all looking at Cornish Lithium at the same time, except he has money and actual experience where as myself and Keller know about Cinovec and German formations stretching under France to Ireland via Cornwall and the Scilies. Much more to come from around the Scilies. Trust me on that. My guess and it is a guess is 200,000tpa++ offshore brine, EXCLUDING onshore.
Just saying.

"while cautiously suggesting that about 5,000 tonnes could be produced from each geothermal drilling area, of which there could be several. The UK could need about 50,000 to 60,000 tonnes of lithium annually for electric car production."

Well being located in the Midlands wasteland of old coal pits , I see the pain.

So glad we are doing something positive in the country.

Anyone see the Warwickshire student engineers going to the USA and 'The Boring Company' in a global challenge to present the best, fastest and cheapest method of tunnel creation ? Yep, all hats off for Mr Musk and hus hyperloop idea.

Love him or hate him, he is pushing the world forward with innovation. Hope the UK guys can win the competition.