Member Info for Positivevibes

21k at 18p

The above table indicates an NPV equating to a KEFI share price of 11p at a 65% interest and a US$1,700/oz gold price, excluding any other KEFI assets, notably the deposits discovered Saudi Arabia, the Hawiah copper-gold-zinc-silver and Jibal Qutman gold deposits.



Saudi Arabia - positive PEA outcomes confirm strong potential of Hawiah Project

The Zinnwald Lithium Project
• Integrated project designed to
produce a suite of value-
added downstream battery-
grade lithium products
• Mine life of 30 years equates
to < 50% of the current
identified mineral resources
• Project NPV (100%): €428m
and IRR: 27%
• Construction Capex of €159m
Advanced lithium project in the heart of Europe
• Definitive Feasibility Study
completed
• Approved mining licence valid
to 2047 and permitting
process advanced
• Experienced project
management team based in
Germany
• Skilled labour available
• 35km from Dresden,
Germany
• In the heart of the European
chemical & automotive
industries
• Established mining district –
mining history of over 400
years
• Access to infrastructure
(power, roads)

Gold at 1938
Copper at 7943

Looking strong as we await funding and futher drilling results - on 221 mil funding of TK and HA proved to be worth over 5bn, what will that do to the current 42mil Mcap?

As announced on 2 December 2020 the work to upgrade the capacity and improve the reliability of the POSP has been completed with all systems tested and operational resources delivered to the site. The full restart process, which was due to be completed this week, has suffered an interruption due to Covid-19 related restrictions placed on the mining permitting authority. As a result, the Mine Safety and Health Administration ("MSHA") operating plan won't be released before 21 December 2020, so Greenfield has now decided to delay the full restart of the POSP until 4 January 2021 to enable an efficient start up, avoiding the need for an almost immediate Christmas / New Year holiday period shut down.



It remains the intention that the POSP will be initially operated on a single day shift and, assuming no issues, it is planned that production will be ramped up later in January 2021. All other elements of the project remain as previously announced, including that oil samples produced by the POSP will be sent to the Quadrise test facility from the first days of production to enable them to undertake test work in the UK. Further sampling will also be undertaken to enable detailed testing of the oil and sands produced by the POSP. Additionally, and as previously announced, the third-party engineering analysis of the Oil Sands Technology is expected to commence in January 2021, alongside the continuation of the FEED study. The FEED is expected to be completed by the end of February 2021.

Copper at 7913

Not long until funding news which has never been more likely to arrive, and it's still the worst BB in the world

400,000 x 7900 = 3.1bn currently value of Hawaii before expansion ( already bringing back positive results )

221 mil funding due and delayed in a covid year, with gold above $1900 - TK will benifit the country and government too much not to happen.

Currently 40mil Mcap - KEFI will be a completely different company by Q2

All the best

I'm over 100% up KEFI in the last 6 months and they are waiting to receive funding 5.5x the current Mcap within the first few weeks of 2021. Atb SA

£1 would be around 140mil Mcap - for the largest lithium mine in the EU due to be producing 400mil + per annum at current lithium prices when in production - looking to conclude 484m funding to construction during 2021 - EMH will we worth alot more the £1 when offtake agreements are signed and is fully funded to production.

JUNE 2020 / 4
CEZ GROUP – STRONG INDUSTRIAL PARTNER
• Headquartered in Prague; operates in 9 European jurisdictions:
• Czech Republic, Slovakia, Germany, Poland, Hungary, Bulgaria, Romania, Turkey, France
• Nuclear, renewables and coal-fired power plants
• Electricity supply; electricity and natural gas trading; coal and limestone mining
• CEZ is 70% Czech State-owned
• Czech Government backing to progress Cinovec as rapidly as possible
• Strong balance sheet and financial results provide backing to finance Cinovec
• CEZ Balance Sheet €28bn as at 31 December 2019 and EBITDA of €2.4bn in 2019
• CEZ has acquired 51% of Geomet – Cinovec project company
• Injected €29m into Geomet – Cinovec financed through to construction decision
• Investment enables immediate commencement of DFS and Front-End Engineering Design programme
• CEZ and EMH contribute to Board and Executive Management of Geomet
• Business plan and budget pre-agreed by partners
• Geomet holds 100% of Cinovec Project (51% CEZ and 49% EMH)

CEZ GROUP – GREEN ENERGY
CEZ committed to Green Energy solutions
• EV charging stations
- Operates largest number of public charging stations in Czech Republic (>190 and increasing)
- Dedicated home charging stations
- Partnerships with Skoda, Mercedes-Benz, Peugeot
• Renewable Energy
- Interests in wind farms in Czech Republic, Germany and Turkey
- Interest in largest on shore wind farm in Europe (Romania) – 240 turbines; 600 MW
• Lithium ion battery factory
- CEZ plans to build a lithium ion battery factory in collaboration with existing global battery
manufacturers in Czech Republic

ANNUAL PRODUCTION
25,267 tpa battery grade LiOH.H2O
PROJECT LIFE
21 years
TOTAL JORC RESOURCE
7.22 Mt LCE (4.08 Mt indicated, 3.15 Mt
inferred)
CONSTRUCTION CAPITAL COSTS
$482.6 million
OPERATING COSTS ( without credits )
$4,876/t LiOH.H2O
OPERATING COSTS ( with credits )
$3,435/t LiOH.H2O
LITHIUM HYDROXIDE PRICE ASSUMPTION
$12,000/t battery grade LiOH.H2O
AFTER TAX ECONOMICS
$1,108 million (NPV 8% Discount)
INTERNAL RATE OF RETURN
28.8%

As announced on 2 December 2020 the work to upgrade the capacity and improve the reliability of the POSP has been completed with all systems tested and operational resources delivered to the site. The full restart process, which was due to be completed this week, has suffered an interruption due to Covid-19 related restrictions placed on the mining permitting authority. As a result, the Mine Safety and Health Administration ("MSHA") operating plan won't be released before 21 December 2020, so Greenfield has now decided to delay the full restart of the POSP until 4 January 2021 to enable an efficient start up, avoiding the need for an almost immediate Christmas / New Year holiday period shut down.

300k buy yesterday

https://www.google.com/search?q=erpnf&rlz=1C1CHBF_en-GBAU931AU931&oq=erp&aqs=chrome.0.69i59j69i57j69i59j0i433i457j0i433j0l3.7217j0j15&sourceid=chrome&ie=UTF-8

Wow nice, thank you I was just checking emhlf on Google. I firmly believe in the first half of 2021 EMH will secure the 484m required funding to production and see triple digits. Will be holding for years. Lithium price to increase year on year going forward

62p close in the US and new highs today on the ASX

As announced on 16 September 2020, the board of TomCo (the "Board") believes that the Pre-FEED (Front-End Engineering and Design) Report prepared by Crosstrails Engineering LLC, a subsidiary of Valkor, provides a high level of confidence that the processes being utilised at Petroteq's existing oil sands plant at Asphalt Ridge, Utah (the "POSP") can be scaled up to enable commercial production of 10,000 barrels of oil per day ("bopd") from a single site. Proof of commerciality though is subject, inter alia, to the successful completion of the proposed upgrade works to the POSP, that are currently being completed ahead of its restart, and the associated trials to demonstrate the commerciality of the processes used in the Oil Sands Technology and the identification and securing of a suitable site for a commercial scale plant (further details of which are set out below).

January and February set to be news rich periods as we move from phase 1 to phase 2

https://www.proactiveinvestors.co.uk/companies/news/219811/game-changing-us-deal-will-transform-canadian-overseas-petroleum-into-a-producer-219811.html

https://constructionreviewonline.com/news/tesla-plans-to-build-worlds-largest-battery-factory-in-berlin-germany/

Dyor

It's 1m relax

I love that everyone here's so stupid.

7mil Mcap
1.3 mil Ozs no one turning away from, just later than we expected in a covid year
Funded
Nickle drilling

If 40m+ funding arrives in January February and we prove a large nickle resource what could the Mcap be in 6 weeks

Germany to be the largest gigafactory in the world. We're do you think they will get their lithium from? We're the closest by far. We'll done all, great to see the market finally becoming aware of znwd, the location, size and demand of the resource, and drawing the inevitable dots.

https://www.bbc.com/future/article/20201217-renewable-power-the-worlds-largest-battery

As announced on 16 September 2020, the board of TomCo (the "Board") believes that the Pre-FEED (Front-End Engineering and Design) Report prepared by Crosstrails Engineering LLC, a subsidiary of Valkor, provides a high level of confidence that the processes being utilised at Petroteq's existing oil sands plant at Asphalt Ridge, Utah (the "POSP") can be scaled up to enable commercial production of 10,000 barrels of oil per day ("bopd") from a single site. Proof of commerciality though is subject, inter alia, to the successful completion of the proposed upgrade works to the POSP, that are currently being completed ahead of its restart, and the associated trials to demonstrate the commerciality of the processes used in the Oil Sands Technology and the identification and securing of a suitable site for a commercial scale plant.