Member Info for MajorOak

Zinnwald is already joined up ?!

To dewater the mine - the water subsurface naturally flows in to the shafts and tunnels from the German side - CEZ would have to ask to access the mine from the German side or if joined via a deal it is already one. It is only the technical border, the wobble of greater intergration in to the EU project and dealing with the strong and much more highly paid Saxony side of business.

I say they should just get on with it. If Zinnwald comes in , great , but if not there is already 10mt lce + in situ excluding the second plot of land to the East which also has tested holes showing low grade lithium and up to 0.7% in some places but average 0.4-5%.

Just crack on , the project should originally have opened for production this year 2022 !!! There's already enough to make me a millionaire, just crack on before i'm dead or died of boredom.

Dyor please. All the data you need has been out in the public domain for 20 years, best stuff around 10 years ago !

Come on , come on start digging with your spade on the outcrop. I could of mined 1 ton myself by now lol

ASX$0.75c so about 45-50p tops #TSBusa35km1.10%li

Sorry correction #35kmstrikeNtoS

Mandrakeminingcompany question if you have ears in the US ? What do they make of the 750 mt's of LCE in the Tin-spodumene belt (TSB) ....( not an old bank either before you clever old guys jump in ) that is estimated to still be sitting there in the 15km strike N to S ?
Just wondering #750milliontonnesLCEusa ?

I add before being shot down

Take offs this year
DFS this year
Sp rise this year
More actual details of how the mine will grow production
More #tags to come

A lot of people posting here with sub 100 total posts who appear to have bought on how many #tags were put on Redit ??? Then were put on a forum that suggested there was a lot of posting ... Crazy way to invest.

However, you may have been very very lucky in this case.
Rising after a raise of funds does not normally increase the price by 30% ? You have to wonder if there are more items of news ready to come in very soon ?

I don't like these types of forums when its all about what the sp is doing and no facts posted. The herd are coming in again...watch out for the quick sell offs on a period of no news , this mine will not come in to production until 2024. Heck of a long time for many who buy a share based on #tag levels on twitter ffs ??? Worlds gone mad.

What about the 80% of the mine not PFS'd ( I think its at around 20% based in production to come online in 2024? )?
80% to come yet.
Where is the benefication plant located and then from there how does the final lithium hydroxide get to the battery plants ? Truck or train ? Is it from the main plant site by pipe and dumped in cargo tanks at the station then taken to Poland or Germany ?
Nope , bought in based on #tags , astounding.
Will you pay your money , like I have , and you take your chance.

Since 2018 has the underground crusher changed to a larger one #crushersizeincrease #whoppingcrushemh teehee

Is the #tailingspondbeauty still off play or #emhmytailingpondisdrippinginLi2OH ?

What about the 2 of 3 mines not being used in Germany now ? The historical data sets show they should easily be profitable, but #mycomputorsaysno keeps coming up on Redit...

God I must seem real old actually 'reading' mine data set reports from the 1960's onwards and stupidly wasting my time when all the work has been done for me before.
I'll get my rocking chair and chewin' tobacco out and take in the last if the nights air.

Hi all.
Sorry about what appears to be "off topic" and it is confusing. I will keep my posts down from now.

However, go and read who , where , why and what is expected before Mr Musk buys a Nickel mine , build a new battery plant or EVEN BUY a lithium mine ?

NEL asa are currently working with the US Department of Energy and THE largest US Nuclear energy supplier on using Hydrogen as part of the energy supply for nuclear plants. EG Cezch Rep just put an order in to Rolls Royce for mini nuclear reactors. I was scoffed at on here and on ITM when I mentioned this fact A - Nuclear was apparently dead and unenvironmental B - No way Hydrogen would help the nuclear industry. BOTH are 100% wrong.

A Lithium mine has a HUGE power issue especially when having to heat up metals, reheat in another process, mining out underground to get 160,000 tonnes PER YEAR out the ground and shipped. There are MULTIPLE ways hydrogen can cut down emitions at a major mine.

Part of my stake building coinsided with my strong suggestions that others may like to know the possibilities within heavy industry for NEL asa and others even if it is related to what many currently see as the enemy in EV Lithium batteries ( check out Romeo Power EV long haul lithium battery supplier to Amazon, BorgWarner, Freightliner etc - they use Agility Energy as a partner who are .... owned by Hexagon Composites !!! ).

Check out NGA soon to name change .... @@

Ok , that is all the ot for now. NEL can benefit from all the tips I suggested apart from Talga Resources who will burn all competition in 2022-23 with new anodes and VERY HIGH Graphene supply. NOT Graphite but GRAPHENE inc Rolls Royce who will be using this in the new mini nuclear reactors. Nice to be living around the Derby area and amazing what you hear on the bus or over the garden fence @@ boom.

Tried to post 2 questions here , but don't think it went through at 9.30 so reposting. Sorry if it does come up twice?

1 - page 3 states 22,300tpa lithium hydroxide approx and 22,500 tpa Lithium Carbonate approx. ?
With the low grades at most being 0.75% much more like 0.4-0.5% for the mine as a whole, how can shifting 160,000 tonnes only provide an extra 200 tpa of Carbonate ?
The refining process to concentrate to Lithium Hydroxide is correct , but how can it be right at those low grades to only generate an extra 200 approx of basic Carbonate ?

2 - Seeking Alpha heavily called out Piedmont for using too high a Lithium Hydroxide price to bulk up the final financials per ton. Piedmont used $12,000pt Lithium Hydroxide 99.9% and I see the same is mentioned here with the EMH presentation only back in October 2020. I know both Benchmark and Roskill have very closely looked in detail at both mines. They seem to indicate $12,000 is about right ?
Anyone have any views ?

The EMH proven and inferred come in around 7.5mt LCE. This is low imho. 10mt should be assigned in time.
Piedmont alsio will increase the proven and inferred as all 3 mine sites are open to N and S. The potential to realistically double the proven and inferred based on historical data already drilled from the 1950's test drilling.

Both look like fantastic assets.

Hi all

2 questions from the presentations Oct 2020.

1 - In bold page 3 "emh plans to sustainably supply a minimum 25,267 tpa lithium hydroxide OR 22,500 tpa lithium carbonate ..."

With the Li grades of average 0.75 probably at best for proven resource. I get the Lithium hydroxide striping probably around 160,000 tpa and process out the impurities specific to Li Hydro.
What I don't get is 22,500 tpa Lithium Carbonate which is basic, requires LESS processing so surely would be higher by multiples not 233tpa difference ?
If this is corrrect then the are the grades that low to only generate 233 extra tonnes ?
Thank god the processing costs are so low.

2 - Piedmont last week got trashed by Seeking Alpha for using $12,000 t battery grade Lithium Hydroxide. I see today this is the same stated PFS rate used here ?
Is this realistic and I know Benchmark have looked at both companies in great detail and Roskill too.
I personally think the increase in lithium global supply for the market will increase especially by 2025 so maybe $10,000pt of Lithium Hydroxide would be a better more realistic guide for both companies ? If it comes in higher in 4+ years time then great, but its a long way off with many projects being reopened as lithium prices TODAY rise.
I know EV , Storage etc will grow massively and at current possible rates would see the prices rise above $12,000 for a time, but I am also not daft and nor are the offtakers.
When deals are done across the industry for 5-10 year contracted supply I am pretty sure to lock in for the buyers , deals will be done unlike the market price supplied currently and daily.

Huge deposit here. Under estimated resource imho.

Hi pm. Teehee ...tech hmmm. Well its really way way from my field of research. Had a look and think in the long term 3-5 years if not bought out it could be £30-50.00 ?
I base this on STMelectronics and Infereon who have between 30-50% of profits from EV cars in some form.
By 2024 EV cars will start to really gain proper traction imho. So from 2024-2030 anything to do with EV will easily double if well managed. As per any company they are only as good as the people who run them.
I would say it looks like a long term gem, BUT it really is not my field. They do so many other things which could not do so well or could bloom. Certainly got some fantastic partners ! Always a good sign. If you bought low , I'd personally take a bit if profit and let it ride BUT ride until 2024-2025 at least.
Hope that helps.
Like see i am buying the supply of lithium that provides the energy to run each car and edging my options by holding hydrogen too. Both will be bug winners.

Thanks Tyson. It does sayvin the heading OT - Off Topic.
Only reason I posted here is there a few who look in and those who do seem pretty solid so I post my good tips here.
Tyson tipped us ARB at 30p and within days I made 150% profit in something I knew and probably would never have looked at and certainly never given a thought. So thanks for having my back Tyson and thanks again for your tip.
I do have to say as of mid Jan and Biden finally signing off on things that all manner of new start ups, research notes and literally 30+ new projects a week are coming out claiming all sorts of advantages.
I like a quiet forum with small amounts of posts. Nice and calm. I tend to try and stay away from those that get 100+ posts a day as its a good guide to traders and general rainbow chasers gambling on 10% then selling out.
At the moment there is so much information coming out its virtually too much to assess and deep search if true or not.
I feel like we are in bubble territory as many deals / announcements are 2025-2027 before they even start, so just be careful.
I have bought low on a few solid companies and I have decided I will just stay with them for the long haul. They should fair best if there is any pull back and having bought low, my porfolio will take a good hit and still bounce back based on the high bars , outreach and balance sheets they have.
Good luck everyone , this year will be fantastic for hydrogen and battery tech.

If construction is to start early 2022 for 18-24 months build there will be a lot of capex to cough up before year end 21.

I probably could almost write what will happen as is playing out across the pond.

Tesla / VW / SK / LG will have takeoff , sp will rocket, keith will hit us with a big raise there has to be dilution so expect it. It is all about the first quarter profit margin say cash in bank per quater £35m. Will the price you paid be low even after heavy dilution ? NO. Any mining operation start up will get hit with dilution.
As for this year, EMH have enough to creep to deciding whether it finally gets the go ahead investment as Keith said early 2022. I say thats quite close as its 18-24 months or near 2 years to production.
I am happy to wait and see the cash build up from 2024.

Production depends on progress locally with what will be allowed. With CEZ involved and local gigafactories wanting supply, I would guess within the next 6 Tesla will offer x for offtake. Depends to a degree if Mr Musks $ mean more to CEZ and Czech gov. I mean that 'if' he says he needs 40,000tpa now !!! then that may alter things ?
If he is happy to wait for another 3 years ??? then he may even say , "lets cut the carp , get on with it and I will pay 20% more for all you have BUT I want it in early 2023 ?
If they can't do it then he will get a deal elsewhere. I think Norway are opening up a lithium mine with hydro and hydrogen power with virtually zero power needs. Finland and Sweden will also be pushing their case !
I know for sure Musk is looking at a battery factory in Norway purely because of the near zero footprint.
The German mines may well provide him with enough to be getting on with ?
I know through holding Piedmont he wants production and supply of 40,000t in initial phase and has asked about initial supplies of that by end of this year ? The deal has been knocked back but production promised for Late spring early summer next year. By the end of 2022 Piedmont will be up to 80,000-100,000tpy.
If Musk does as I suspect , keep an ear out for Sayona being bought out or bought in to by Musk to secure their supplies.
Back to Cinovec production in 2024 ? I would like 50,000tpa initially, but if it was me I'd be doing things differently anyway. 100,000tpy minimum, the time is now. Google lithium supply now and the companies once again creeping out of the woodwork because the price of lithium now makes their expensive mines look viable is growing by the day. Many in dodgy countries and any over production or slowdown in expected ev take up would easily shock many of the newcomers.
Cinovec is a cracking mine. It just takes soooo long to get stuff done. Only regret is it is not open cast. Shame.

A sign of things to come here ? Roll on 2024 for actual production @@

Apple is close to finalizing a deal with Hyundai-Kia to manufacture an Apple-branded autonomous electric vehicle at the Kia assembly plant in West Point, Georgia, sources tell CNBC.

Talking of offtakes Apple going to do a deal with Hyundai. Interesting location.

To power these trucks, Nikola plans to build hydrogen fueling stations across Arizona and North America.

NEL Fuelling stations = 80 approx = 440+ electrolysers.

US Hydrogen news

Nikola and APS deal paves way for zero-emission route from Phoenix to L.A.

EMH backed by CEZ and 5 exchanges.
Piedmont backed by Tesla and the New York Bank of Mellon who have 19% of the shares now. I suspect Tesla to buy the mine outright as it is still 100% independant.
Keith even mentioned manufacturers from auto and industry scrambling to secure future lithium supplies.
Offtake news here soon I would guess once Czech listing has happened. Keep them happy , oh and the unions.

With EMH European Lithium mine being originally listed on ASX , the initial comments were - carp grades, eu location at the time had very little lithium interest , maybe 1 factory.
Australia has THE best lithium mines at scale and with the behmoth of China buying up all resources. This made the original EMH project look quite small, but not in these big miners thoughts. Europe is far away so why not invest in our (oz) mega companies ? That is where EMH started.
Forwarding quickly , listing on AIM, by listing on Frankfurt drew big pulls of shares in to both markets and took from the ASX exchange making a small fortune initially.
The interest is clearly in Europe to drive the sp !
Now the listing in the US and Czech to come basically adds pull on a limited share base.
To be honest I don't think the Yanks are too bothered either way unless they are Tesla linked nuts who buy anything Tesla linked. Nothing wrong with that.
However as the points made today and previously , the "foreign" markets I would suggest are interested in their own more tangable supplies.
The lack of institutions was a surprise to me considering the "worldclass" "bottom quartile" mine that EMH have ?
Yes, it is extremely clear lithium will fall short of supply v the ever increasing demand coming in from 2023 onwards, the perfect time for a central european mine to open ! Yet ASX has consistantly been a bit off and on.
AIM has suffered from the delays which should have seen the mine actually opening this year / 2022 at the very latest.
I understand the feeling this may have created over the last 3 years.
As a holder of ASX listed Piedmont, I can fully understand the point they make about moving operations out of Australia to the US as the asset is pure US based. They will get extra coverage , the kind they were not getting in Australia. Shares from ASX are ( like when EMH listed on AIM & Frankfurt buying up high levels of these low amounts of shares in issue ). In a year I would guess the amount of shares held in Australia will be down towards 20% of issue.
They will obviously buy when the big raises come to take the mine to production by summer 2022 for 1st supply to Tesla as per contract offtake.
The same will happen here but I wonder the CEO has been left too much time to think ?
Being on 5 exchanges stretches out demand and will all for more access to more buyers = a natural share price rise based purely on demand. Less shares spread across 5 creates that extra demand. Also when EMH come to raise cash at the end of the year , the big cash, then ok there will be dilution, but across 5 exchanges somewhat protecting the sp.
The possible downside is as questioned today, one market seems to be allowed to control the others ?

Personally I would love EMH to list in Czech R , stay on AIM and Frankfurt. Forget the US and Australia, put the shares in the local domain where interest is mostly focused ?

Just a thought with 2 companies coming to a massive market in