Member Info for mick88

ditto on your sentiment, especially the link to Keliber as that was one of the main reasons that attracted me to NM. And now, I think I'll be hanging around for the estimated 50 - 80% dividends (as forecast in latest presentation) in a short couple of years time. Funny you referencing the current SP as I was just re-watching the recent podcast - https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20230207_2
Around the 21:40 mark they specifically reference the impact of the private placement on shareholders and indicate all new, old, large and small will benefit. Doesn't look that way on paper at the moment. Think may ask them where my benefit comes from as it's not really apparent at the moment.... ;-/

Hi Tenantry, I think if you'd sold pre March 2nd you would not qualify for the 'repair' offer at 0.6 NOK. This is a 40% gift on the present price, and if held long term, IMO will be a lot lot lot more the nearer we come to production just a short distance in the future (2nd half 2024). A breath of fresh air getting fully funded (with a very decent contingency and working capital = total usd 55m).
Looking forward to the subsequent (repair) offering which I hope will double my holdings for a miserly 4.8p per share.... GLA

Savannah Resources seem impressed....GLA

https://www.linkedin.com/posts/savannah-resources-plc_participation-of-maro%C5%A1%C5%A1ef%C4%8Dovi%C4%8D-vice-president-activity-7037431892689739776-btC5?utm_source=share&utm_medium=member_desktop

I'm still accumulating monthly in my ISA, and thinking this will be my last month at these super prices (hope no news by mid next week). Think that confirms where I stand.....GLA

https://www.cez.cz/webpublic/file/edee/ospol/fileexport/investors/investment-stories/2023-02_cez-investment-story_en.pdf
The Feb 2023 presentation is a very informative report confirming just how big our partner really is. And if you want to cut to the chase, go to page 41 (specific to us), my take - FID happening 2023 and they reiterate again that mining unlikely to be 'fully consolidated' in the footnote;
* 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.
GLA

Agree sporazene, been saying the same for a while now. Did I not hear a little while ago the KC is over in Europe for a few weeks? IMO it would be good for EMH to have another string to their bow, and to have access to raw material that they are not sharing with CEZ. If this were to happen, it would open up a whole new ball game and very interesting new scenarios... GLA

is just about upon us. I've been in this since Aug 21 and seen some good steady progress throughout this time, even though we've had to fight through the courts (x 2 wins and pending result from Supreme Court). Final part of the financial jigsaw is also about complete (private placement & repair offering) to be voted on at special meeting 3 March. I really rate the way these Norwegian companies are run (also have Freyr), and hope to participate more in the repair offer....GLA

and things will start to move. It is about time that China (and India / Saudi) started to make their influence with Russia count, after all, they do want to show how strong their Global influence is? We will see at the end of the Munich Security Conference (I think today), the Devil is in the Detail;
https://www.theguardian.com/world/2023/feb/18/chinese-peace-plan-for-ukraine-greeted-cautiously-by-the-west?CMP=Share_AndroidApp_Other

Hang on ...why should Governments (EU) be expected to be the banker for private enterprise that is expected to make hundreds of millions in profit?
If they want to speed up, get on with it.....but no, they want cheap public money.

Thanks starf, there is an acceptance in there as things line up to a really good first half of the year. Also like that DF has just recently in an interview said that the re-admission of the EIA is ahead of the March 17 deadline....GLA

And EIA ahead of schedule.....GLA
https://youtu.be/nLGdNDwtpjI

Skelly....but they do have lithium, and plenty of it....:-)

ATD, thanks, and all you correspond to is correct. But it could be a post from 6 months ago as nothing has really changed and the Mat does not inspire me with confidence at the moment. If he does not know how to keep his backers on board, what hope progressing through to production....GLA

Thanks wasa....get what you say and would generally be in here at least until production as that would be my normal strategy. But as I have a better short term (and long as they will be producing by 2024) opportunity participating in the Nordic Mining 'repair offer' coming up soon, and ACP is the least likely of my holdings to move up in the near term IMO as no news to even hint otherwise, then cash has to be freed up. Most likely keep a small interest, and may come back later, but better opportunities elsewhere at the moment. GLA

Rov, 312k and 50k in a sipp (which prob keep). Have until first week in March so will play it by ear as cant get that much worse. And in any case, most of my loss is factored in. Good luck to you.

I'm normally a long term holder, but sorry guys, the lack of news and respect from Mat I think tells its own story. There does not seem to be any reason to hang around here and tie up good cash after already bad loss (down 60%), so think I'll take it on the chin next week. Whats left can be better deployed in NOM.OL repair offer.
Good Luck to yous all and may catch up again on any news.

FingerX, you are correct, it doesn't say replace, nor does it imply replace, nor does it even reference SMS our existing engineering designers. Nor does it say we are doubling or even tripling down on the responsibilities of the DFS (and that doesn't even include EMH).
And that is exactly my point.....at this stage we need complete transparency of who, why, when, what for. Before, the selling point was existing tech, min risk. Now not sure?

As a shareholder I am a bit concerned and uncomfortable with this. Explaining to do here KC. Why would our main engineering design company who have been praised from the high heavens up until now, all of a sudden be replaced? They guaranteed THEIR process to the extent they were financially accountable. Now, since the introduction of a new process by Czech Uni / CEZ, we lose our designer (and their guarantee), and timelines row back to 'day one'?
The release explains jack****, transparency required KC.

Fireball, or maybe the German support is required because EMH has aspirations with regards to Zinnwald. A merger or takeover makes sense between these two, as after all, it is essentially the same mineral resource. And it seems this is a move solely initiated by EMH, outwith the relationship with Geomet or CEZ. Now wouldn't that be a game changer?

From CEZ official 'investment story' latest version Sept 2022. They will NOT be fully consolidating Mining and Battery holdings, footnote page 49 below for clarity (and link);

* 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.

https://www.cez.cz/webpublic/file/edee/ospol/fileexport/investors/investment-stories/2022-09_investment-story_en.pdf