Member Info for mick88

based on the Keliber buyout by Sibanye bodes really well for any potential similar move by CEZ. It cost Sibanye 446 million Euro for just over 80% stake;
https://www.reuters.com/markets/deals/sibanye-stillwater-raise-stake-finlands-keliber-2022-06-30/
And this based on Kelibers UDFS which indicates NPV (8%) 1228 million Euro, 15000t Hydroxide / yr @ USD 25000/t;
https://www.reuters.com/markets/deals/sibanye-stillwater-raise-stake-finlands-keliber-2022-06-30/

Now if EMH use the same figure ($25k/t) at their forecast 30000t/yr, what price EMH Fair Value.....win, win, win IMO...GLA

Hi Tenantry, I received notification from my SIPP provider that the holding company for my shares had given a deadline of 6 April to participate in the offer, but that due to time limitations (2 days), they could not action on my behalf. Not that it mattered as I had previously bought in at 3% above the offer.
On another matter, I see that the Norwegian Supreme Court has accepted for hearing the Arctic Mineral Resources appeal;
https://www.domstol.no/en/supremecourt/hearings/referred/22-183855SIV-HRET/
I don't think this has been RNS'd yet?

Aubery, more like £62.5k / wk. And interestingly enough, no mention in the RNS of a future rights issue as was advocated from some'howlers' in the 'pack' earlier in the day.
Good RNS and confirmation things have been progressing in the background. To think I nearly threw in the towel last week if I could have achieved 3.8p and taken a stonking loss 73% loss....what a difference a day makes....GLA

fp....either or for KC suits me.....bargain buy of the decade IMO. I do not think it would matter one iota who was in charge of EMH, they would be in the same position until CEZ are ready to pull the trigger. Our partner is a massive organization and must line up everything prior to making any major moves, and many of these ducks have absolutely nothing to do with either Geomet or EMH. The BoD of CEZ and the Czech Government have their own people to answer too (shareholders / voters), they are hardly going to be overly concerned about their junior partners shareholders. Yes, they will be fully aware of the situation of KC and the EMH board, but there are bigger issues for them i.e CEZ performance and the Czech economy. So, in short, IMO, hold on for the big bang.....GLA

Same here daveri.....so much money now invested (or allocated) to the green economy as can be seen by the investment of just one single company planning 20 billion EURO by 2030;
https://www.linkedin.com/feed/update/urn:li:activity:6950860394420682752?updateEntityUrn=urn%3Ali%3Afs_feedUpdate%3A%28V2%2Curn%3Ali%3Aactivity%3A6950860394420682752%29
We have an alleged buy out agreement with probably the only company that can take us out (realistically), which is prohibitive to them (great for us), and the same company state in their latest presentation that 'full consolidation is unlikely' page 41 (small print)
https://www.cez.cz/webpublic/file/edee/ospol/fileexport/investors/investment-stories/2023-02_cez-investment-story_en.pdf
WHAT'S NOT TO LIKE (besides a BoD that are totally sidelined, and to be honest wouldn't matter who was in charge)....GLA

(Infinity Lithium, Spain) up 45% on some positive news last night in Ozz.....wonder how they'll do tonight (sink, stabilize or soar);
https://wcsecure.weblink.com.au/pdf/INF/02648874.pdf

and very professional looking site;
https://www.linkedin.com/posts/savannah-resources-plc_following-the-recent-publication-by-the-portuguese-activity-7046515421813821441-RJD4?utm_source=share&utm_medium=member_desktop

Well....why bother waiting on the subsequent offer, at lease I can buy more than the allocation at a price only around 3% higher than the repair offering. So bought around 114% of my existing holding at NOK 0.617.

GM67 a good snapshot of some of the points that could be updated without much fuss, and probably the lack of updates (in particular process flow) are the reasons why this share is languishing in the doldrums.

If this is operated as a separate entity or not, it is group owned, group funded and incorporated into a group strategy (presentation). So I do not really see your point?
I know there are many people hoping for, or of the opinion of this being a buyout by CEZ. I only put out an alternative opinion based on the facts as I see it, not on supposition. And to be honest, in my opinion EMH will only see out its full potential (for us shareholders) if it stays in until production....GLA

My take, not fact based, but baring in mind CEZ Investor Presentation. CEZ sell a percentage of their 51% stake to whoever they partner with in Battery Manufacture. Three way ownership including EMH.....gla

Without being a party spoiler, here is something that is fact based (CEZ Investor Presentation 2 Feb 2023);

https://www.cez.cz/webpublic/file/edee/ospol/fileexport/investors/investment-stories/2023-02_cez-investment-story_en.pdf

Page 41 caveat (quote);
* Values of EBITDA and Capex represent 51% stake of CEZ Group on lithium mining project and 10% stake on battery factory. These projects are
unlikely to be fully consolidated.
This is the second presentation from CEZ in 5 Months that specifically state 'These projects are
unlikely to be fully consolidated' SO WHAT DO WE NOT UNDERSTAND FROM THIS?

Spot on daveri.....but also to add to the conundrum CEZ have stated mining and battery interests would NOT be fully consolidated. So, would VW (or another), buy into CEZ 51%, or buy out EMH 49%. Would suggest the former as they need someone to mine and process.....GLA

Hi Tenantry
I'm in a similar boat (with similar investment experience). And I also like the way this company has progressed, albeit not overly pleased with the amount of dilution, but at least they are fully funded with a clear pathway to production.
At the moment this share represents about 18% of my SIPP (high % for me), so it is a dilemma for me to participate in the repair, but on the other hand, it would be wrong not too.
The early construction works is well advanced and on schedule, they are fully funded with ample contingencies (55m), production commence end 2024, forecast returns 55-80%. For me, whats not to like as my planned retirement (all going well) is first quarter 2026. So keeping the share and reaping the dividend is very much an option for my retirement....Good Luck T

PS I think you'll find that there is a clause in the 'Subsequent Offer' that if the SP is at or below the offer price, then they have the right to cancel the repair offer.

Hmm....no response from management to my email on how this deal benefits all (small, large, new & old, their words). Very disappointed.
I know what you are saying about buy now instead of waiting as there is no difference in price. What I was thinking, was to buy now what I would have at the offer, and if the price has increased at the offer date, could buy again at the offer price. But the only thing with that is that I would end up with a larger percentage of this single company than I would have liked. Still weighing this up against where I think this is going in a couple of years time. My target after funding, construction and into production was a minimum of 35p around the first Q25 (seven fold gain current offer price). But it has really put me off that they never answered my email. Do you have a target range?

Great fact based status report Starf.....is SAV still looking for DA replacement (thought DF was temp) ? You're my vote.... ;-)

then say nothing....GLA

Hi Tenantry....see below link to notification of Extraordinary General Meeting on 30 March;
https://tools.eurolandir.com/tools/Pressreleases/GetPressRelease/?ID=4254499&lang=en-GB&companycode=n-nom&v=
A good way of keeping up to date is subscribe on their website, link as follows;
https://www.nordicmining.com/investors/subscribe-investor-information/
I have sent them an email politely asking how this private and subsequent (repair) offerings benefit me when the price would have to go up to NOK 1.93 before I go back into green territory (and that is after I participate in the subsequent / repair offering).

dave, what do you mean go back down....to what? couple of pence here or there does matter one jot. it's sheeite and totally unsupported by KC et al.
All external signals look good, besides having the BOD we have. I have been supportive in the past, but defo running out of patience....GLA