Mou what was in the Mou2 Mar 2018 12:09
Morning all.
Not a good start to the day. A lot of repetitive posting regarding the Mou, so I went back to look at what EMH would be losing, Czech losing and what it is that is so offensive to have it terminated ?
1 - Working together with Czech Gov for downstream processing in Czech Rep.
2 - Locations for plant, economic and environmental issues to be worked together.
3 - Regulation on permits work together.
4 - EMH working with Czech Rep to be involved in deals EMH may well have already set up and to be a part of this
5 - Czech to help support investment in the lithium area and mine
6 - EMH to work with research labs on lithium processing etc.
My guess is 1 of 2 things.
1 - EMH have deals inplace already and cannot renegotiate to include the Czech to benefit ie a deal with VW, BMW, DAIMLER allowing them to keep all production up to making batteries, then selling the batteries to Germany AND making a profit out of each battery too ! The Germans would not like that.
2 - EMH have gone along way down the road, invested a lot of money to get to viable mine data. Now the Czech Gov have EMH over the barrel with the dangle of permits not being issued unless the terms are increased say 10% royalties, DIAMO to manage mine building / infrastructure basically what they are capable of and getting paid + increasing employment in the area & future development plans they want to be included on eg Block III which has yet to be really looked at, but that does have great resource ! Is that part of the Mou open to Czech Gov ?
I think May will see elections in Czech and a more resounding win for ANO, Zeman was supposed to lose and still won and a recent pole shows ANO increasing in support, which may also have made Babis feel the tide was turning for forming a government fully in summer with full support from parliment, BUT EMH HAVE THE LEGAL POSITION.
I have no idea what is going on just that Cinovec mine is truely something special to fight over politically and it validates all my research that Cinovec Mine is WORLDCLASS.
Humans are a funny animal, with animal traits too - war, greed and survival. Babis will bring anything to the table , even if it hurts the scum people of Czech who have nothing! He does not care who he hurts inorder to get rich and be loved !
Hope Keith is up for the fight and clever with it as a fox !