Member Info for mick88

Jonesy, see below link - PART 2, (f) Deadlock, Page 19

https://api.investi.com.au/api/announcements/emh/15a239de-04e.pdf

Very specific in 'fair value'.

I am more than comfortable with 'fair value' as KC has mentioned it many times in the past, and referenced Keliber as an example. We would really be fast tracked to some serious returns if that were called into force.

Jonesy, the only entity that can realistically take us out is CEZ according to the share agreement. And, if they want to buy out, then it is at fair market value according to the share agreement 🙂 all good imo

You have a point U40. I asked the question at the last presentation what they were doing to achieve the aspirations of Dale H when he was stand-in CEO, and that was the share price should be in the 20p range.....the question never got published or addressed😭

Spot on GM67....🏆

Just highlighting your original coup with a little MSM free advertising of our project from one of the most followed serious news stations. GLA.....👍

And if anyone is still in any doubt, just have a read at what is happening next week in the EU. To be clear, they are looking at a 3 billion fund for 25No critical projects....this is serious stuff🥳

'Slow' EU to unveil plan for cutting raw materials' reliance on China | Reuters https://share.google/z1t0bdyRJgedMJn3c

Is this latest news / breaking news (couldn't see a date)? Any other project on the planet receiving £320 million subsidy from the Government would skyrocket?

Jimmyd, I do not know how it's going to play out. But I do know our biggest shareholder (Assore) offered to buy us out at 33p, and our second biggest shareholder (Elevra) was talking the project up less than a week ago at their AGM. These facts do not sound to me like our majority shareholders are going anywhere soon? In fact, more likely they would be extremely interested in a takeover !

What absolute rubbish the 'Chinese are taking this'....and our US / SA friends and biggest shareholders are just going to step aside🤣

The addition of new local ii investors will finally quell any further talk of being taken private🤔

Surely this can only be a good thing for us retail, at last getting noticed👋

I like that Skelly, softening your approach....does that mean you will actually become a shareholder🤣

Scob14, I have shares in Nordic Mining who had a shareholding of around 12% of Keliber Lithium when it was bought at Fair Market Value (FMV) by Sibanye Stillwater. Besides the FMV of Keliber being calculated independently by two banks, Nordic Mining also done their own calculation to justify to their shareholders that the sale was good value for them to vote to accept the sale. For an explanation of how they completed the calculation, see below link, page 17 cuts to the chase;

https://nordicmining.com/wp-content/uploads/2024/12/nom-interim-report-q1-2022.pdf

Hope this helps....it certainly soothes my nerves when in doubt (which is a for this project).

Incidentally scobe14....look up shareholder agreement with CEZ for the relevance of Fair Market Value (FMV), and you will discover why some of us long term holders are comfortable with any talk of buyouts. The current / past share price is irrelevant when talking FMV.

CEZ move in at Fair Market Value....🎉💰🥁💸

That'll do nicely🥳

Ciaran, thanks for bringing a smile to my face, you actually cracked the fixed frown....😁

I think you misunderstand what I was intimating, I do not just want just any old buyout (like BCN, although I did make a reasonable profit on that), fair market value is a totally different ball game. I have been a shareholder in EMH for a very long time, without trading I may add, and fair market value has been discussed on many occasions on this board. Opinions vary on what that could mean to existing shareholders, although it has been a while since I actually looked at what price could be attributed, all I can say is it is well north of £2.50.....would that not please most holders😉

Ciaran, as far as I am aware, we can only sell to someone out with CEZ with their blessing. And more importantly for us, at fair market value to CEZ, so would assume to anyone else would be similar🥳

Now that I could live with🎉

What's the chance of an RNS (good or otherwise) after hours today? News would then be readily available for the Aussie market at the start of the final day of trading for the week.

Fair Market Value (FMV) will suffice for me.....look no further than the price paid for Keliber at FMV, and which has been quoted by KC on many occasions as an example (see below);

Mining company Sibanye-Stillwater bought the majority share of the Keliber lithium project in Finland. The voluntary offer from Sibanye-Stillwater was made to Keliber shareholders based on a fair market value evaluation.

Key details of the purchase and valuation:

Voluntary offer: In June 2022, Sibanye-Stillwater made a voluntary cash offer of €157.28 per share to Keliber's minority shareholders, which was based on a fair market value assessment.

Independent valuation: The fair market value was determined by two leading independent investment banks, Royal Bank of Canada and Bank of Montreal.

Primary ownership: Through this voluntary offer and exercising pre-emptive rights, Sibanye-Stillwater increased its stake to a majority share.

Second-largest owner: Finnish Minerals Group, a state-owned company, remains the second-largest owner with a 20% stake.

📈🚀 couldn't more sw42 💯

📈🚀 couldn't more sw42 💯

Thanks guys ...much appreciated response💫