Member Info for Rpks

Jemesa,

definitely yes, because they also have an invitation in German.

https://cinvald.cz/wp-content/uploads/2026/06/2026_06_02_Lithium-C__novec_Einladung-zur-__ffentlichen-Anh__rung_final.pdf

Https://cinvald.cz/wp-content/uploads/2026/06/2026_06_02_Lithium-C__novec_Pozv__nka-na-ve__ejn__-projedn__n___final_signed.pdf

https://lithium-cinovec.eu/verejne-projednani-17-6-tezba-a-zpracovani-rud-z-loziska-cinovec/

Public hearing 17.6. Mining and processing of ores from the Cínovec deposit

POSCO Investments in Europe:

2016 – Krakow, Poland

Completion and handover of a municipal waste incinerator for approximately 250 million USD. One of the largest projects of its kind in Poland.

2022 – Brzeg Dolny, Poland

Opening of the PLSC battery recycling plant.

Processing of battery waste and production of so-called black mass containing lithium, nickel, cobalt and manganese.

2024–2025 – Brzeg, Poland

Construction and launch of a factory for traction motor cores for electric vehicles. Investment of approximately 94 billion KRW (approximately 67 million USD).

Capacity of up to 1.2 million electric vehicles per year.

2025–2026 – Warsaw, Poland

Completion of Poland’s largest waste incinerator with energy production.

Long-term activities in Europe

POSCO Europe operates a network of service and processing centers for the automotive industry.

Poland has become the group's main European hub for electromobility and the battery chain...

Https://ekonomickydenik.cz/odhlasovano-cez-prevede-obchod-a-site-do-nove-skupiny/

I think this is the first time I have read such a clear future involvement of POSCO. I quote: ČEZ has not ruled out the entry of another strategic partner into the project. As a reminder: The Korean POSCO Holdings has recently expressed interest in participating in the mining and processing of lithium.

My comment:

If POSCO were to enter the project as a strategic partner, it would probably be significantly positive for EMH. The reason is not only capital, but mainly technological and customer credibility.

POSCO could acquire a minority stake + provide financing or technology + sign long-term lithium purchases.

For us, EMH shareholders, it would be better if POSCO did not enter the ownership too deeply, but helped finance the project. EMH would thus retain a larger share of future profits.

Lithium mining - steps are underway to obtain a building permit, then a possible decision on mining will be made. ČEZ does not rule out another strategic partner. The price of lithium is a basic parameter of the project's profitability. ČEZ wants certainty of long-term lithium supply. Without this, mining will not start. Pavel Cyrani's answers at the general meeting.

Https://www.tydenikobcanskepravo.cz/2026/05/exodus-ceskeho-kapitalu-prumyslovych.html

I don't know the author of the article, but this would be very interesting in the future...

2. Rubidium from Cínovec – A Treasure Worth Tens of Trillions

While the Czech public debate is focused exclusively on lithium, underground in the Ore Mountains lies a deposit that vastly surpasses lithium in terms of financial value.

Giant reserves: The lithium micas (cinvaldite) in Cínovec contain the largest reserves of rubidium in Europe and one of the largest in the world. It is estimated that there are over 370 thousand tons of pure rubidium in the entire Ore Mountains.

Astronomical value: The market price of pure rubidium is many times higher than the price of lithium. If this rubidium could be effectively separated (it is produced as a by-product of lithium processing), the value of the deposit would not be in the billions, but in the tens of trillions of crowns.

Uses: Rubidium is key for quantum computers, atomic clocks, navigation systems (GPS/Galileo), optical fibers, and military high-tech technologies.

In my opinion, Geomet primarily wants to start lithium mining as quickly as possible, not complicate DFS and permitting of other technologies, obtain EU funding as a strategic lithium project and possibly add tin later as a second phase.

This is common for mines, the main cash-flow commodity is optimized first, secondary metals are dealt with after stabilization of operations or are left in the dump/tailings for future reprocessing at higher prices. For tungsten, the problem may be more complex separation, CAPEX plus complications for EIA and process chemistry.

So it looks more like "lithium now, "we will keep other minerals open for the future".

Under the terms of the Acquisition, which will be subject to the Conditions and further terms set out in Appendix I

and the full terms and conditions to be set out in the Scheme Document, each Zinnwald Lithium Shareholder

(excluding AMG Lithium) will be entitled to receive:

for each Zinnwald Lithium Share: 5.0 pence in cash; and

· 0.001577 New AMG Shares

· (together, the "Offer")

· Based on the volume-weighted average price of an AMG Share for the 30-day period up to and including the Latest

Practicable Date of €36.60 and the GBP:EUR exchange rate of €1.1545/£1 on 13 May 2026 (being the Latest

Practicable Date), the Offer values each Zinnwald Lithium Share at approximately 10.0 pence each, and values

the entire issued, and to be issued, ordinary share capital of Zinnwald Lithium at approximately £57.18 million on a

fully diluted basis (and approximately £41.28 million excluding Zinnwald Lithium Shares already owned by AMG

Lithium, on a fully diluted basis).

· The Offer represents a premium of approximately:

o 63 per cent. to the Closing Price of 6.15 pence per Zinnwald Lithium Share on the Latest Practicable Date;

o 68 per cent. to the volume-weighted average price of 5.94 pence of a Zinnwald Lithium Share for the 30-day

period up to and including the Latest Practicable Date;

o 56 per cent. to the volume-weighted average price of 6.39 pence of a Zinnwald Lithium Share for the six-month

period up to and including the Latest Practicable Date; and

o 100 per cent. to the Subscription and Placing price as at 17 June 2025 of 5.0 pence per share.

· Under the terms of the Acquisition, Zinnwald Lithium Shareholders (excluding AMG Lithium) will, in aggregate,

receive approximately 651,146 New AMG Shares. Immediately following completion of the Acquisition, the holders

of the New AMG Shares will own, in aggregate, approximately 1.79 per cent. of the ordinary share capital of the

Enlarged Group (based on the issued ordinary share capital of AMG and the fully diluted ordinary share capital of

Zinnwald Lithium as at the close of business on the Latest Practicable Date).

ZNWD AMG Lithium BV - Recommended offer for Zinnwald Lithium PLC...

DOPORUČENÁ AKVIZICE HOTOVOSTI A AKCIÍ

z

Zinnwald Lithium plc ("Zinnwald Lithium")

podle

AMG Lithium B.V. ("Lithium AMG")

přímo vlastněná dceřiná společnost AMG Critical Materials NV („AMG“), která má být realizována prostřednictvím programu

ujednání podle části 26 zákona o obchodních společnostech z roku 2006

Shrnutí

· Představenstva společností AMG, AMG Lithium a nezávislí ředitelé společnosti Zinnwald Lithium s potěšením oznamují, že

Dosáhli dohody o podmínkách doporučené akvizice hotovosti a akcií společností AMG.

Lithium za celý vydaný a budoucí kmenový akciový kapitál společnosti Zinnwald Lithium, který již nebyl přímo nebo

nepřímo vlastněná společností AMG Lithium („Získávání"). K 13. květnu 2026 (což je poslední možný termín) společnost AMG

Společnost Lithium vlastnila nebo kontrolovala 158 996 738 akcií společnosti Zinnwald Lithium, což představuje přibližně 29,32 procenta...

Kmenové akcie vydané společností Zinnwald Lithium k danému datu byly vydány kmenovými akciemi.

· Za podmínek Akvizice, které budou podléhat Podmínkám a dalším ustanovením uvedeným v Dodatku I

a úplné podmínky, které budou stanoveny v dokumentu o programu, každý akcionář společnosti Zinnwald Lithium

(s výjimkou AMG Lithium) bude mít nárok na:

za každý Zinnwaldův lithium Podíl: 5,0 pencí v hotovosti; a

· 0,001577 nových akcií AMG

· (společně „Nabídka“)

· Na základě objemově vážené průměrné ceny akcie AMG za 30denní období až do posledního data včetně.

Praktické datum 36,60 € a směnný kurz GBP:EUR 1,1545 €/1 £ k 13. květnu 2026 (což je poslední

(proveditelné datum), Nabídka oceňuje každou akcii Zinnwald Lithium přibližně na 10,0 pencí za kus.a hodnoty

celý vydaný a budoucí kmenový akciový kapitál společnosti Zinnwald Lithium ve výši přibližně 57,18 milionu liber na

plně zředěný základ (a přibližně 41,28 milionu GBP bez podílu akcií Zinnwald Lithium, které již společnost AMG vlastní)

Lithium, v plně zředěném stavu).

· Nabídka představuje prémii ve výši přibližně:

Ó 63 procent z uzavírací ceny 6,15 pence za akcii Zinnwald Lithium k poslednímu proveditelnému datu;

Ó 68 procent z objemově vážené průměrné ceny 5,94 pence za akcii Zinnwald Lithium za 30denní období.bdobí.

období až do posledního proveditelného data včetně;

Ó 56 procent z průměrné ceny vážené objemem akcií Zinnwald Lithium ve výši 6,39 pence za šestiměsíční období.

období až do posledního proveditelného data včetně; a

Ó 100 procent z upisovací a umisťovací ceny k 17. červnu 2025 ve výši 5,0 pencí za akcii.

· Podle podmínek akvizice akcionáři společnosti Zinnwald Lithium (s výjimkou společnosti AMG Lithium) v souhrnu...

obdrží přibližně 651 146 nových akcií AMG. Ihned po dokončení akvizice držitelé

nových akcií AMG bude celkem vlastnit přibližně 1,79 procenta kmenového akciového kapitálu společnosti

Rozšířená skupina (na základě vydaného kmenového akciového kapitálu AMG a plně zředěného kmenového akciového kapitálu

Zinnwald Lithium k datu ukončení obchodního styku v poslední

Https://www.kr-ustecky.cz/eia-dokumentace-tezba-a-zpracovani-rud-z-loziska-cinovec

We are going according to plan :-)

In my opinion, all that remains now is to wait and see how the whole process will develop. I just want to discourage big optimists, even though I myself am an optimist about the implementation of mining, but at the same time a realist in the context of permitting processes. For me, the following scenario is conceivable:

I expect publication on the relevant official boards of municipalities and regions very soon, in a matter of days.

Then there will be a 30-day period for comments from the public, municipalities and authorities.

The public hearing is scheduled for the second half of June 2026.

Then there will be a period of approximately 60 days for the preparation of an independent EIA assessment (+ possibility of extension).

I do not expect a binding EIA opinion before September 30, 2026.

As for the subsidy, the most likely is a shift in the milestone, a change in the schedule, an amendment to the subsidy conditions.

I express my private opinion that the Ministry of the Environment will not issue any binding opinion by 30.6.2026. It will not be in time.

For me, as an optimist of the project, this gives another chance to buy shares cheaper. Personally, I expect a decision by 30.9.2026.

Of course, I expect that the grants will also move, we will not lose them.

It is better to be prepared for such news than to be surprised :-)

Report of the independent auditor of Geomet:

14. ECONOMIC DEPENDENCE

The company is economically dependent on the financial support of its shareholders. On 16. 2. 2026, Severočeské doly a.s. (with a 51% share) and on 25. 2. 2026, EUROPEAN METALS (UK)

LIMITED (with a 49% share) expressed their intention in writing and confirmed their ability to provide the company with sufficient financing so that the company would be able to pay its due liabilities and continue its activities in the foreseeable future. Therefore, the financial statements were prepared on the assumption of the company's continued existence.

15. SIGNIFICANT INVESTMENT COMMITMENTS AND OTHER FUTURE COMMITMENTS

In 2025, the company received a subsidy of CZK 800 million from the Just Transition Fund. Based on the terms of the subsidy, its drawdown is planned for 2026 to 2028. Furthermore, the company was allocated another subsidy in the amount of CZK 8,484 million from the temporary crisis framework (DKR) in 2025, the drawdown of which is planned from 2029. Both subsidies will be used in accordance with the intended purpose and criteria set by the provider. The company has not yet accounted for this subsidy, as a change in the schedule that the company will be able to meet and its subsequent approval by the provider is expected. The drawdown and accounting of these subsidies will take place in accordance with the final approved schedule and the provider's rules.

16. SIGNIFICANT EVENTS THAT OCCURRED AFTER THE BALANCE SHEET DATE

On 28 January 2026, the company initiated steps to obtain additional financial resources for the pre-FID period. The company intends to raise €13 million from existing shareholders. The payment deadline is May 1, 2026.

Https://podcasts.apple.com/cz/podcast/papa-talk-pravda-o-lithiu-kejkle-aleny-schillerové/id1757333858?i=1000760222051

Jan Papajanovský's podcast about events in the Ústí nad Labem Region and the Chamber of Deputies. What is the truth about lithium? What did Richard Brabec really manage to negotiate for the Ústí nad Labem Region and what did Karel Havlíček have to say about it?

One of the most important investments planned in our region is lithium mining in Cínovec, which means that a deep mine should be built there, in which ore containing some kind of lithium compound will be mined, with the result that it will then be transported and finally processed in Prunéřov, where a completely new lithium processing plant should be built. And it is a project that the region has actually been preparing for x years. It is not a regional investment, it is an investment by Geomet, which is a company partly owned by ČEZ and partly by an Australian company. And now the plan that the regional leadership supports, so the region is pouring roughly a billion crowns of public money into it as a subsidy, and so the plan has reached the final stage of approval in the regional council. In short, we voted on whether lithium can or cannot be mined from the region's perspective. It is not yet entirely certain that mining will take place, because the process is of course complex, there will be various permits, the environmental impact assessment process is underway, EA, etc. Well, but the region has just approved a change to the so-called principles of territorial development, which, in simple terms, is the regional territorial plan, and that is the only moment when the regional council can say whether lithium should be mined there or not. And it is simply a sovereign decision of the council in its so-called independent competence, when simply, if the region said no, mining would not be carried out 100%. When the region said yes, it means that all the permitting processes, which are then to a certain extent already running independently in the region, will simply go ahead. Well, and the region said yes, well. Sure, I wanted to ask how it actually turned out. Eh, well, I had the feeling that, eh, the coalition that governs the region really cares about it. Hm, is that so? And why is that so? Well, it is so, with the fact that they wanted it a lot, but at the same time they themselves were not completely united.

The local association Cinvald z.s. is against mining and is setting up a charity fundraiser for legal aid here (if Skelly would like to contribute :-)

https://donio.cz/cinvald-proti-tezbe-lithia

Https://my.teamio.com/recruit/public/vacancy?uid=0faffafd-e004-463d-9ce7-444045e686b5&rps=202

https://my.teamio.com/recruit/public/vacancy?uid=857fbb97-bd28-47ae-8c7f-56f500bb2c38&rps=202

Dear sellers, let's squeeze the spring even more (meaning lower the stock price), I'm thinking of a buy order somewhere around 7.30 if you allow me. And then up to the moon :-)

I had a funny porridge for breakfast this morning.

Https://www.jobs.cz/rpd/2001077865/?rps=233&searchId=b172abb8-96e8-4260-afcf-f3264c1c1435

We are looking for a colleague to join our team for the position of Chief Designer - specialist in the preparation and implementation of industrial construction. The company Geomet, a member of the ČEZ, a.s. group, is preparing a lithium mining project in the Cínovec location. This is a strategically important project that should increase the raw material stability of the Czech Republic and the whole of Europe. Lithium is an important metal, needed in modern technologies and is key to the transition to so-called clean energy.

Continuation...

At the end of February, Havlíček reported that it looks like the cabinet will find a reasonable path with České Radiokomunikace as an investor and will sign up for the project to build a large data center for artificial intelligence purposes. The AI ​​gigafactory will require a total investment of around 100 billion crowns. Of this, around 70 billion would be invested by České Radiokomunikace, 15 billion by the Czech state and 15 billion by the European Commission. "Given how things are developing in Europe at the moment, in terms of building these infrastructures, in terms of demand, in terms of environmental stability, resilience, we are approaching the final decision. And I have to say that I am starting to be optimistic from this cautious approach and it looks like we will find a very reasonable path with the private investor as well, when the Czech Republic will sign up for it," said Havlíček on February 20, when the government presented its economic strategy. If the Czech Republic were to win the project, it would become a leader in artificial intelligence, according to experts.