Member Info for Rpks

21.3.2017

Dubí - According to the mayor of Prague Petr Pípal, several meetings of the city management with the CEO of Severoceské doly Ivo Pegrímek have been held. This is due to the planned entry into the mining of lithium in Tinovec, which is planned by Geomet.

It has all the rights of exploration and underground mining. Severoceské doly was given the task of finding out the feasibility and feasibility of the whole underground lithium mining project, ”explained Petr Pípal. "The aim of the team of experts is to determine, among other things, the impact of this mining on the environment of our city and the surrounding area."

"I would like this project to become a showcase of cooperation between the mining company and the local government," said Pípal. In his words, the situation was years ago that miners wanted to demolish almost two thirds of the city because of mining. “At a meeting with the CEO of the North Bohemian Mines, I made it clear that if the miners are to return to our location, then the city will profit from it. So that we can invest in education, infrastructure, construction, etc. ”

Pípal noted that the city administration expects some negative environmental impacts that mining will bring. Therefore, according to the mayor, it is logical that cities such as Dubí, which are affected by mining activities, are legally entitled to financial compensation. Fortunately, according to Mayor Pípal, the situation has changed significantly from the time of about thirty years ago and at present the negotiations with mining companies are on a quite different quality level.

http://www.e-mostecko.cz/zpravy/most/151430-severoceske-doly-zjistuji-proveditelnost-a-realnost-tezby-lithia-na-cinovci

For clarification:
Battery cells and modules, the basic components of traction batteries, are purchased by ŠKODA AUTO from external suppliers.
https://www.skoda-auto.cz/novinky/novinky-detail/2019-09-06-skoda-zahajuje-vyrobu-komponentu-pro-elektricka-vozidla

https://www.patria.cz/rozhovor/4198280/financni-reditel-cez-martin-novak-lithium-muze-byt-jenom-prvni-krok.html

Seriously, RNS as good news?
We in the Czech Republic for some time (since July 18, 2019) know that the license applied for by Geomet was extended until the end of 2020. The truth is that Geomet applied for a standard period of 5 years, but received only a year and a half.
Moreover, the determination of the mining area for the last part of Cínovec is still rejected.
https://www.ceskenoviny.cz/zpravy/ministerstvo-nepovolilo-emh-stanoveni-dobyvaciho-prostoru-lithia/1778766

I believe that the Ministry will eventually approve (with CEZ in the back) ... :-)

It's good that earache is here! We can share our views!
My friend (not earache) commented on EMH as follows:
Greetings (I have not seen it for a long time) but what I remember, so it controls "external Australian company" plus mngmt and those in the head do not see. In fact, you are now investing in a company that will not exist in the future (if it is mined) because a new investor will have to bring in capital and dilute you.
Now you are buying a business that pays a survey under a valid contract and that's it. Certainly it is not a company now what if it will benefit and it is not about whether it will be mined at all ... I wish you well, but it certainly does not mean that you can not earn :-)

In another discussion, for example, I came across the opinion:
We do not need to mine lithium to produce batteries. We can produce batteries and buy lithium elsewhere. Isn't it really necessary to link battery production to lithium mining?

I am in the position and I believe that I will eventually earn. I wish everyone GL.

We were right with lithium. Profits will remain in the Czech Republic
20.07.2019
Discussion Do you still remember the Lithium case? So pretty much. In fact, before the 2017 election, we were all accused of saying that we were just doing an election campaign when we were fighting to make the most of the possible lithium mining in Cínovec at home. In our opinion, it is a mineral resource belonging to all citizens of the Czech Republic, and therefore they should have the greatest benefit from it. But then, the former Minister of Industry and Trade of the CSSD, Jiri Havlicek, signed a completely incomprehensible memorandum shortly before the election, which would make profits from possible mining of Czech lithium abroad. Now it turns out we were right. And also that we were serious about it when we were fighting for the interests of Czech citizens. The Ministry of Industry and Trade, led by ANO Minister Karel Havlícek, and Severoceské doly, a member of the CEZ Group, have jointly decided to explore the potential of the Lithium deposit at Cínovec. Lithium is one of the basic raw materials for the production of modern high-performance batteries in electric vehicles, and the Czech Republic, of course, wants to be sure that its possible mining in the deposit at Cínovec pays off. That is why it is definitely great news for all our country's citizens that our largest mining company will also be involved in the Lithium deposit survey, which is also owned by the majority, so that control of any mining will remain in our hands. The involvement of the state-owned company also guarantees that it will definitely take the utmost respect for the environment and all the people who live in or around the deposit or have cottages. Lithium is a unique metal with the lowest atomic weight and is the largest in Australia, Chile or Argentina. It is our Cínovec that can be one of its most important European deposits, but this must be confirmed by a detailed survey. Therefore, through its subsidiary Severoceské doly, CEZ will cooperate with European Metals Holdings, which owns Geomet. She has already obtained some necessary exploration permits, so it is a good thing for our state. If CEZ evaluates the lithium deposit as profitable, it can become a shareholder in EMH and participate in future mining and collect profits. Otherwise, EMH will return to our CEZ a loan that it has provided for exploration. In the end, the Czech Republic can only make money on lithium mining, and that is what we have been trying to do since the beginning of the whole case. For me, a really good deal. And I know a good deal. You can trust me. Photo: About the author: Andrej Babiš, Prime Minister
Mladá fronta Dnes, ANDREJ BABIŠ, page: 013

The new Minister of Industry and Trade said:
Q: The pre-election atmosphere was greatly influenced by the case of lithium mining, which almost faded after them. Will you come back to her?
A: I want to get to know it in detail, especially with all the signed contracts between us and the Australian partner, or its subsidiary. Now the Mining Act is changing, from which the miners are not completely excited, but I think the state should have control over strategic raw materials. The high degree of benevolence in the past meant that we almost lost it. In the lithium case, I don't want to make an account without an innkeeper, I need to find out the state of things and the possibilities arising from it...

I think the only way out of this is future cooperation!

Diamo goes his own way ...
https://www.parlamentnilisty.cz/zpravy/tiskovezpravy/DIAMO-ochrani-loziska-lithia-v-okoli-mesta-Krupka-577927
Cínovec is lost to them?
I think yes!

black...

Today I bought EMH 6000pcs for 17,5.
I'm curious to see it as a buy or a sell.
GL to everyone in position.

earache, I should have something for you, please write to me
rpks@seznam.cz

Has he sold KHC shares to have EMH? lol

Krupa has deleted everything on KHC on his twitter account.
No information is available on official sites.
http://www.krupainvestments.com/en/activity/
About The Kraft Heinz not a word at https://twitter.com/KrupaInvestment
Hm ???

Both Czechs and Germans want to renew the track
23.2.2019
The reconstruction of the tracks from Moldava to Holzhau should cost about half a billion. The Usti region wants to connect the Czech and German sides of the Krušné hory between Moldavia to Teplice and Holzhau, as well as partners from both sides of the border. Meanwhile, it should be buses, but the German side would like to restore the extinct railway line. Recently, Transport Minister Dan Tok and his Saxon colleague Martin Dulig also discussed it. Representatives of the Moldavian Railroad Group seek to re-negotiate and, most importantly, sign a declaration that would help to return life to the entire railway section from Most to Freiberg. "The second joint conference is being prepared at the end of March in Saxony, the first meeting in Dubi in the autumn of last year. Isolated railways have been linked, "said Petr Fišer, chairman of the Litvínov Ceskomeretínský spol. Renewal of the track would cost about 500 million crowns. "The current time is appropriate to secure the financing of such projects," said Mayor Dubí Petr Pípal. "There is a feasibility study, including an economic study on the operation of Freiberg to Most, and can be used," added Pipal. On the Saxony side, a contract to operate a rail link between Freiberg and Holzhau was due this year. There was a danger that trains would stop on this track. The treaty eventually managed to prolong. The operation is guaranteed until 2022. For the renewal of the missing section of the track, the interest group "IG Muldentalbahn" was formed. It consists of municipalities, Freiburg Railways and Central Saxony. Even on the Czech side, the track could again serve not only passenger transport, but also freight transport. Several years have been considered to restore ore mining to the Cínans. There is a variant in the game that lithium would be transported from the railway station in Dubi by rail for further processing. In the opposite direction, the material needed for the mining and for the construction of the main mining works would be transported. The railway line Most - Dubí - Moldava was built between 1871 and 1884. The track continued to Holzhau, Freiberg and Saxon Kamenice.

I have been instructed to buy 6,200 shares for 16p.

The problem seems to be primarily on the part of the Czech authorities. The Czech company Geomet, which is now an EMH subsidiary and owns exploration rights, has been waiting for a year for an administrative decision by the Ministry of the Environment to grant prior consent to determine the mining area for a part of the deposit. So far, Geomet has invested roughly a quarter of a billion crowns in the Lithuanian exploration under Cínov, and has the right of priority to reach its goal up to mining itself. Without it, the project can not continue, and the company is threatened with the permissions previously granted. It would, however, be a rather substandard and unusual procedure, and EMH and her daughter, who allegedly claimed about a quarter of a billion crowns in the project, would probably defend themselves from arbitration. Their chances of success seem fairly decent.

Source: Technický týdeník, stránka: 025

https://karvinsky.denik.cz/zpravy_region/tovarna-na-unikatni-baterie-uz-stoji-20190207.html

antelope yes

Media monitoring.
I just wanted you to know what is written in the press in the Czech Republic.
Lidové noviny own Babiš...
Hello newspaper own KSCM party...
I do not trust anybody!