Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It is possible the recent noise from GM and Stellantis about MOUs with geothermal brines are indicative of the very same tactics to get better price from hard rock suppliers. When negotiating they might say, aah, we have this alternative although both parties know these will take years to come online. EMH might be a little away but there are spod companies out there who can possibly ship earlier.
MO was invested here as recently as March. He seemed to know a lot about the stock and the mine which is what got my attention. However the argument s he is making now against EMH are the same he defended as recently as March. He defended mica ore, defended the location and potential. Sure he complained against speed of progress which we do as well. But to say EMH will mine in 2028 is more than a bit of a stretch. Heck, even the ore is now suddenly low grade mica. From his other posts I think he now all for short term price movements which is ok. His choice. I just put it out here because I thought he knew quite a bit and other longs might know a thing about russian tycoons hijacking cinovec. I think I would not want to follow this anymore. There is a little bit of concern from th SMS group though. They seem to have some rough weather due to Covid. They have a company release on this 7th July about cost cutting to the tune of 100 million Eur. Hopefully this wont delay out DFS. Thank you all for inputs.
Hi Sivad, No idea. Ask MajorOak. These are his words. He used to hold EMH not so long ago. Now he seems to think that the Russians will take over Cinovec somehow to supply their own factory. Of course his sentiments have drastically changed as you can read in the above extract. All this in the Vulcan forum.
There is a certain MajorOak who I assume is Thirdman3 on the HC forum which I occasionally look up for discussions. I happened to read their thread about the current MOU with Stellantis. All good till I see this post..
"Rupfel, I mentioned emh as a v's Vulcan. I'd rather be here.
Look at where the Russian gigafactory is. Who is building it and I mean who not the banner name.
Look at the very deep political background.
In 2018 the mine was to be open working in 2021/22. Open and producing.
I know VW ( cough rumour and not investment advice) had offers on the table 2018 ???
My Melbourne mate has been on site back in 2018 when the finance visits were being done...yet it still hangs.
MoU scrapped by Gov and re written ???
Are emh operating in Africa ? May as well be mate.
Finally and even though I bought in to VUL , PLL & SLL over this last 12'months, I was TOLD mid April ( oh sorry cough cough not investment advice and pure rumour to be clear to lawyers ) that offtake was to be signed and that was back in the March 21.
So , still waiting and since April they have started doing stuff like they are on target but in reality the huge Russian bear pulls the strings.
Sure, the EU will get some lithium from low grade mica.
I like the mine and also like the other licence area although the bulk of the deposit is in the South with a very steep sheer to the West and slope down in to Germany. Access to the mine from Germany is possible and the 6-12 months dewatering will mainly need to be done with a lot of help from the North side ie German side / border.
The German side lithium strata is much deeper and not to surface like emh in Czech. It is PERFECT open pit dirt but it cannot because of the village. This compared to VUL & PLL heavily increases costs.
I wanted a larger underground crusher to be put in place but this has been thwarted. I know exactly where it will sit with help from people in czech. Trust me they are not all sweet love and roses for Europe even though you WILL be told this.
Not investment advice. Buy emh if you have actually done research you are happy with. The very fact I know what the mine could do - 3 8 hour shifts could be massive for the final DFS and other "things" they are talking about, but Mr Ruskie is watching very very very closely.
Do as you like but do you ever trust market advisors, brokers , me a poster from EU ? 100% not. Question is risk v reward.
If you can take the risk cinovec will not be producing until 2026-28 then ok. It will mine lithium , tin and they have even found gold !!! Go for it but for me I will 100% stay away and stick with my safe choice of VUL. As for the brine tech question ? SLL are already producing Lithium Carbonate and sending samples off in the US. The tech works.
VUL is my own personal choice in the EU. .."
Hey Major, were you not the one ramping EMH to the max here in march? Oh, was the SP bump good enough for you then?
https://www.stellantis.com/en/news/press-releases/2021/july/stellantis-intensifies-electrification-while-targeting-sustainable-double-digit-adjusted-operating-income-margins-in-the-mid-term
one line about MOUs with 2 geothermal brines in north america and europe. so either vulcan or cornish lithium in europe.
Hey Ant, Thanks. I understand it is quite difficult for them. Honestly I would not care if they don´t talk about a deal . It is just that they have talked about it so often as recently as a few weeks back. It matters because the SP of EMH acts strange. If we look at the chart, all the three recent peaks, all time highs, have come on pure fluff (all of them fluff about offtakes). This is where it helps if the company engages better with holders. CEZ being a major partner is opaque. I do not care what the Czech minister says, why does not the company lay down its plans? We cannot ask them because well we are holders of EMH. If you (CEZ) want lithium please say so already and make it official. Having said these, I am fully aware the company owes me nothing and I am willing to wait it out. It would be helpful with better communication is what I mean. Thanks again for the clarifications.
Being a more recent entrant to EMH I don´t think I have the liberty to comment on time lines. But I have a feeling that the movement in the company, all positive no doubt but not on expected trajectories. It seems shareholders just get to know when it is done rather than share holders being informed of it prior and then the company walking the talk. NASDAQ listing was supposed to happen much later but happening now. Off take news was to come in April but has not come despite having a written record of the same. Even the drill results. It took them a long time but just letting the shareholders know there were weather issues or Covid delays would help. There have been months in between with no real communication with shareholders. Not exactly professional. In my mind, I blame CEZ for everything. Helps me with being patient.
Always has been the case. Even on months EMH had big news, it found a couple of lines to half a paragraph at best. Early this year EMH was not even being listed in their newsletter. There was at least one guy who consistently asked why EMH was never mentioned in the comments section, of course never found a reply I guess. I stopped expecting any decent updates from them. This adds to the discussion other day where you said how lowrys views possibly affected EMH SP.
Low carbon copper is a marketing idea...why not tin?
https://news.cision.com/elcowire-group-ab/r/elcowire-introduces-low-carbon-copper,c3311310
All I know is that processing tin ore requires a couple of rounds of roasting at high temperature. Earlier steps are also water intensive. I guess it depends on the type of the ore. It would be nice to know the green credentials of our tin as well. Simply switching to renewable energy for power source which CEZ can make happen or SMS group can find it in Germany will paint the tin green. I dont know if we can ask a premium but would be potentially exciting prospect.
EMH has indicated an offtake agreement and we hope it comes through. I assume this is for the lithium aspect. The commercial aspects of the vast Tin resource is even less clear. Could there be a contract from a commodity dealer? Tin is also required for the batteries, so could the lithium offtake as a tin component? How about selling Tin directly to mobile phone manufacturers like Samsung or Foxconn? I am sure many of them would appreciate a somewhat greener tin in comparison to what they have been importing from Indonesia. Just wondering. Any thoughts?
I have a feeling EMH flies under the radar most of the times. So I read up something and I get to see several names for Lithium Cos in Europe but no EMH which I find perplexing. A few weeks ago we noted the addition of a few companies to the MSCI micro cap index. If we look at the ASX companies, we can see CXO, Vulcan (for lithium); EGR and RNU (for Graphite). Again here there is no EMH. I don´t see the market cap being so different from the rest (VUL is on higher sidey rest are similar). Why are we not noticed? You can also see in the list that PLL is out (probably too big now for their criteria, I am not sure). Point is PLL was there. Why not us?
link: https://app2.msci.com/eqb/gimi/stdindex/MSCI_May21_MicroPublicList.pdf
Do these so-called experts like Joe influence in some way? The guy has manged to annoy stock holders of EMH, Vulcan and of late Sayona. This is not a comment on the merits of the above stocks . Just mentioning them.
In the Google translated version of the interview there is one response from Mr. Schmall. Question is: Would you take over this supply of raw materials for all planned cell plants? So also where you will cooperate with partners? He says, `We at Volkswagen want to control the driver's seat and the operational business with the new factories´. From the above comments I do not get a sense why he should be buying a mining company , EMH, which is a minority partner. He will hardly be in the driver´s seat with this. He might do better cutting deals with Geomet than buy EMH.
What I also do not understand is why VW or its proposed spin off should be buying any mine at all. It does not end with Lithium. Shortage is expected for most battery minerals. Does this mean VW should actively enter Graphite (or equivalent) mining ? Each commodity is an entirely different business. They have a huge task building 6 or more gigafactories already .If anybody will buy EMH it will be CEZ.
Isn´t the above statement more likely to mean that they get active with multiple off takes or JVs across battery mineral space to secure supply? Since most companies are mining juniors, VW might help raise their capex and other costs in return for assured supply. However, in our case it is unlikely since we are minority in Geomet. There might be a JV with CEZ. And then it starts to get muddy with three companies for one resource. And I am not really sure where this will go. My view is just that VW has nothing to gain by buying mines.
Hey Arnaud, you probably mean NYSE for NMG:).I hope EMH will not take the route of reverse splits. we are already trading at a big discount and I would personally be wary of adding panic to the selling already happening .It has been a roller coaster at NMG since their reverse split.