Member Info for mick88

LOL Colin....the exact same wording is in the RNS of 5 Dec 2019 (where you can also read the deadlock clause f)....🤣

Happy.....and you will be if CEZ try to buyout the EMH share of Geomet....😉 They are required to purchase the 49% holding we have at Fair Market Value as stipulated in the 'Geomet Shareholders Agreement', extract as below;

From the earlier of: (i) such time SDAS holds at least seventy-five per cent. (75%) of the Geomet

Shares; (ii) after the date of the first transfer of Geomet Shares following notice from SDAS of its

intention to purchase all of EMH UK’s Geomet Shares at fair market value as described in paragraph

(f) (Deadlock) below; (iii) the date of any breach by EMH and/or EMH UK of its obligations as

described in paragraph (f) (Deadlock) below; and (iv) the expiration of three (3) months from the date

of notice from SDAS of its intention to purchase all of EMH UK’s Geomet Shares at fair market value

as described in paragraph (f) (Deadlock) below without transfer of any portion of EMH UK’s shares to

SDAS because no portion of EMH UK’s Shares was allowed to be transferred to SDAS due to the fact

that the Deadlock Approval (as defined below) has not been obtained, the reserved matters in the SHA

shall no longer require the prior approval of both Geomet Shareholders by way of unanimous resolution

of the Geomet Shareholders and shall instead be deemed to be matters for the Geomet Board to be

determined in accordance with paragraph (d) (Directors and Proceedings of Directors) above.

If anyone wants further evidence, can also post the referenced 'deadlock paragraph f)' if required. And to be clear, this 'fair market value' means extremely big bucks (just ask Keliber) for any shareholder in EMH....😁

I am sure you are correct IB, but I am also sure the US is only delaying the inevitable. Really informative podcast;

https://podcasters.spotify.com/pod/show/powercurrent/episodes/Michael-Dunne---Paranoia-and-Opportunity---The-Contrasting-Fortunes-of-Western-and-Chinese-EV-Manufacturers-e2j3f9r

I put my hands up for Emanuel.....got to admit I was a bit critical of his first presentation, but this one is a whole new ball game.....👏

https://www.investormeetcompany.com/meetings/investor-presentation-641

He came across as super confident, and it seemed he really enjoyed the occasion. I must admit I was impressed, and particularly enjoyed his continued reference to the project as part of the local community. Well don EP.....🏆

🙏....RIP David....🙏

' the site change decision must have been in the works for much longer than last December'

Thanks ghin, you have helped in making my point of DFS in Q2.....🚀

Q2 for me....CONTINGENCY work would have already been done for their second choice location (and raw material transport). Come on, it's not as if they did not have plenty time to cover all eventualities....👏

Check the link Bot....multi billion dollar business, large part owned by Gov are audited to the zenith degree...figures based on facts and audited both internally and externally....😘

And another interesting TAKEAWAY from p41, if CEZ predict their CAPEX to be around the £140 million mark for both battery and lithium mining, the EMH share will be considerable less (we have no ambitions in the battery giga sector). This is a strong indication of how much they think we will receive in grants/loans from various Gov and EU platforms....👏

So, my guess 800m from outside sources, 140m CEZ, 60m EMH....HAPPY DAYS....🌞 And happy to wait.....😁

NO buyout by CEZ consistently highlighted in their presentations (see p41)

https://www.cez.cz/webpublic/file/edee/ospol/fileexport/investors/investment-stories/2024-04-investment-story-en_published.pdf

You can once again see by their forecast CAPEX of £140 million for lithium mining and battery activities 2026-30, and their specific statement 'These projects are unlikely to be fully consolidated', that CEZ have no interest in a takeover.

Would suggest this is fantastic news for anyone in this for the medium to longer term....🏆

TomC, good to see some calm analysis in a sea of kneejerks.

Overall, timeline and constructability should improve, and cost indications are an improvement.....so what's not to like...that is unless you are in this for a short fast buck?

The project still just about coincides with my plans of a part exit first quarter 2026, so I'll be hanging around for a couple of years yet ...👍

Our boss is fairly putting in the legwork in advertising the benefits of our project;

https://theintelligentminer.com/2024/04/17/putting-the-energy-transition-at-the-heart-of-mining-and-metals-supplies/

Thanks PD101, can't get any clearer than that....GLA

T700, you are selling yourself short. Just a few months ago, Dale F, the interim CEO at that time had ambitions of the 20's. And that's pre production and based on current data without any increase in reserves or production forecast.

Thanks for the honest reply S85.

Do you really think all us long term holders really need to be reminded 10 times a day how foolish we were not to bail when in the high 70 and 80's? Unfortunately for some, they were actually buying in the highs and are now totally trapped, again, they do not need to be reminded every single day?

The only solace we have is that it will come good....eventually. But in the meantime, please lay off, we are miserable enough.

S85, are you invested in EMH? It defo sounds like it when you ref your research?

To grow for SAV. Now part of a new EU initiative that shows their intentions of transparent environmental compliance to the highest levels....👏

https://goldenram-project.eu/field-trials/

GM67, my powder is already committed to the buckshot, the question is do I re-pack with more powder before the fuse is lit....🏆

Brilliant history lesson tom...👏

I've been in this project for quite a number of years now, and just as confident in the Project now, as I was back when I started. The only problem for me now, is that I have invested as much as I reasonable should (at average double the current SP), and cannot risk taking a further share. I got caught out once before losing a big chunk of my portfolio on one single project (Nemaska). Sure things, no such thing as I can attest too, but my ❤️ says go for it again at these prices, but my 🧠 says hold on.....🙈

Try £'s, pence too low in a years time....💥

So, it looks like if you are here for a few wks/maths pence will suffice, and if your in for yrs, pounds is the name of he game...😁 Nice deviding line to determine longs and shorts...