Member Info for Phil7390

"completed at the end of November." How much credence in this statement?

Brought down by a trade of 84 shares. 84, not 84k. Joke. Bet you can't buy any at 30p.

"One of two things, KC has been told to keep things low key as moves or news are imminent," Mozarella just bought more shares in KDNC, big holders of EMH, not sure if that might be relevant.

Is his word more reliable? No. Simply put, he is a mouthpiece for South American brine recovery. That's the be all and end all of his "expertise". He bad mouths, or completely ignores, any other source of lithium in his grifting for his pay cheque. He has to be at least partly to blame for Sonora falling into Chinese hands as his ignorance there will have stifled local investment. Not surprising that he downplays ESG.

Most of the worlds lithium is dissipated in the oceans. I believe that was what Elon was referring to, but good luck extracting those 0.2 parts per million by evaporating the Pacific.

"Drag of Brexit" not clear at all, the EU is going down the pan and UK economic indicators look much better.

If Cap-xx claim against Maxwell is for a patent that itself breaches Teslas patent, enforced or not, then surely this undermines the Cap-xx claim?

Very positive, and great to hear. When will the SP hit 80p again? Hopefully by Christmas!

European Metals Executive Chairman Keith Coughlan commented; “Acquiring this land secures an integral part of the Cinovec Project – the acquisition of the land on which the Lithium Plant is to be built. The close location of Dukla to the mine site is critical to the minimisation of transport costs and ESG impact. The acquired land is zoned for industrial use. With the land now secured, DRA Global can complete the layout designs for the lithium plant which are required as part of the DFS and enables the timeline to completion to be maintained.”

Cadence CEO Kiran Morzaria added; “The Dukla land acquisition marks another major milestone in Cinovec’s evolution into a future battery grade lithium supply hub for Europe and the rest of the world. We look forward to further developments.”

All very positive.

KoKoLeLe - " I guess this is the kind of stock you should forget that you have invested in and just wait."

Been waiting since 2016. Long enough?

Vote against the proposals, I can't see why they should get an easy ride after ripping off investors.

Private investors have kept them in a job for years, hard to have any sympathy, they must have been as aware as any what was happening.

https://knowledge.energyinst.org/new-energy-world/article?id=127450&twclid=2-4x461fslwcx1rzqxvy74fog79

Molten Salt Reactors for energy storage. Another reason why lithium tech is only the preferred solution for EVs, there are too many energy storage media that will be cheaper and have more potential than huge lithium battery backup facilities.

No, it's Oz. Very green I'm sure.

Skelly, I've been here since 2015, not my first rodeo.

"There will be other things to follow in the short term."

Skelly "You are emotionally attached to this share." Do you post on ODX much these days?

Britishvolt - a factory with no source of supply and no funding. Yep, that's relevant.

ip - in the context of reducing the cost of energy though, it does not reduce the cost of energy. However efficient any battery or energy storage is, it comes at a cost. The cost of the storage medium itself (including it's mining and manufacture) just adds to the overall cost.

High energy costs in Europe are directly attributable to the reliance of European energy policies on questionable foreign sources. Having an energy policy reliant mainly on intermittent resources does require energy storage to smooth out supply issues, but don't pretend that the production of lithium batteries is in any way the answer to either the supply of energy, or the cost of it. The cost of providing lithium battery based energy storage in sufficient capacity to deal with any extended shortfall of current renewable supplies just doesn't bear thinking about. We don't have capacity for even the EV market at this point.

Your analogy highlights one already accepted and common way of supplying backup energy supplies - hydroelectric. There are others, including less efficient battery technologies as this application doesn't require the energy density advantage of lithium. Lower cost reliable production of energy has to be the immediate focus.

The EV market is the primary driver for lithium, not energy storage, and at the moment it may well be that lead feet (unfortunate terminology) in getting to production, and hence short term supply issues and concomitant price rises, could well stall EV uptake.

Tick tock.

Dave - you know that Lithium is not a source of energy, right?