Member Info for Malik-

We are now trading at 10% of NPV - and we are at feasibility stage! More advanced than EMH. EMH trades close to 40% of NPV and Savannah at something like 30-35%.

10% of NPV and that’s based on lithium prices well below spot. Hydroxide is now at 14k! So we re probably on something more like 7% of NPV in reality.
And again, that’s before the very significant increase in total resource from the granting of the exploration license a few days ago which lifts total resources by 35-40%.

Bacanora owns 36% of Zinnwald
Ganfeng launched a takeover of Bacanora - now its about getting the relevant approvals.
I am convinced Ganfeng won’t want to remain minority holder of Zinnwald.
So Zinnwald is clear candidate for M&A

Chances for M&A transaction has now SHOT UP.
100% asset ownership, +big exploration upside.
Trading at 1/5th $/t of next door neighbour.
Feasibility stage.

This is SO CHEAP.

The price paid by ZNWD for the 50% here is a GIFT.
This is because Solarworld is a company in administration.
Shares should be up 70% on the back of this.

HUGE news for ZNWD. Buys 50% in resource it does not currently own from defunct Solarworld for MERE €8.8m.
ZNWD will now own 100% of pjct.
This is a hugely value accretive deal for ZNWD. At peer group valuations, the 50% stake is worth €28m.
=> +70% value accretive on share p of ZNWD.
At 100% Zinnwald now trades at mere 10% of NPV; and at 5x discount to EMH on $/t LCE produced

BUY BUY BUY

This follows the huge news a few days ago of +35%-50% on global resource from granting of exploration license.

HUGE news for ZNWD. Buys 50% in resource it does not currently own from defunct Solarworld for MERE €8.8m.
ZNWD will now own 100% of pjct.
This is a hugely value accretive deal for ZNWD. At peer group valuations, the 50% stake is worth €28m.
=> +70% value accretive on share p.
At 100% Zinnwald now trades at mere 10% of NPV; and at 5x discount to EMH on $/t LCE produced

In other words, this is starting to become a juicy M&A target for us.

HUGE news. Buys 50% in resource it does not currently own from defunct Solarworld for MERE €8.8m.
ZNWD will now own 100% of pjct.
This is a hugely value accretive deal. At peer group valuations, the 50% stake is worth €28m.
=> +70% value accretive on share p.

At 100% Zinnwald now trades at mere 10% of NPV; and at 5x discount to EMH on $/t LCE produced.

BUY

#EMH

Enel, the Italian utility giant, via its Enel X subsidiary was chosen as official sponsor and partner of Extreme E for its charging stations.
This to me signals a partnership with AFC is on the cards.
As far as I am aware, Enel doesn’t have a partner yet on hydrogen in Europe - and who else would be a better suited than the company which generates the the power for these charging units. They are clearly collaborating at ExtremeE. Official agreement next?

https://www.extreme-e.com/en/news/292_Enel-X-joins-Extreme-E-as-Official-Smart-Charging-Partner

26 events booked SO FAR for this year.
To give some perspective, this compares to:
- 30 events that actually took place in ALL of 2020 => we have turned the corer.
-Vs pre Covid - so compared to at the same time in 2019 - we are trailing at half of the 52 that was booked as at end June 2019.
We know that Q1 2021 was under total lockdown in UK.

So the trends are overall good. we have recovered half of the loss of activity from Covid, it simply makes no sense that we trade near all time lows.
This should be at 7-8p TODAY already therefore.

Listing on Czech stock market was a complete waste of time and resource anyway. It’s small and minor stock market.
Big European institutional investors have no problems buying securities listed in the US; and that’s the listing which I am very excited about.

First, this is more political than people think it is.
Europe needs all the resources it has to come to production to meet its 80% self sufficiency. Infinity resource in Spain is close to being frozen; while there are now question marks regarding Savannah’s resource in Portugal for which their partner who was expected to offer an offtake decided to let an exclusive agreement lapse.
So what’s left in terms of resources in Europe now?
Then, Germany has a lithium resource - Zinnwald. It also has Vulcan (which is way behind and is more questionable geothermal).
Why would Germany want to shelve this lithium resource and instead rely on on Czech lithium when it’s own resource is effectively attached to the Czech resource?
My view is that a merger between both resources is something the EU will push for. Remember EMH is only 49% shareholder of Cinovec, with Cez 51% - Cez being 70% owned by Czech govt. So this is very political indeed.
And I do think this transaction will in any case be imposed on EMH whether it wants it or not - obviously my view is that it wants it since not needing something, doesn’t mean there isn’t big merger arbitrage; and letting this opportunity go buy and not acting would be against EMh shareholder interest (I am EMH shareholder and I am very excited about this project too).
You buy something that trades at 1/5th your value, that is immediately value accretive to the buyer. The throw synergies and we are now talking very significant accretion to EMH shareholders.

How this stock is not moving on all this news flow is simply beyond me.
It’s incredible.

RNS this Friday: big shareholder added 1.1pp to his holdings to 4.11%.

.

For those concerned about cost for obtaining this exploration license.
They pay ‘small’ fee to mining authority, but there is no acquisition cost per se.
It’s hugely value accretive for company therefore - pay almost nothing and get a resource ufo grade of 35-50%. WAKE UP!

*Czech and German deposits

CEZ director Pavel Cyrani spoke to Czech press and was quoted saying:
“ “we have debates that there would be only one processing plant for the Czech and German deposits”

=> Clear consolidation synergies as I have been arguing all along.
This would be accretive for project economics.

THIS IS HUGE NEWS.

*completely in line