Member Info for Rpks

SI is profitable enough to invest in transport infrastructure, with the help of which mined mines can be transported wherever they need. Who, where and how to process mica is just her thing. Just pay the applicable rate of mined rock under the applicable Mining Act. The state has nothing to say, and I doubt that it will change until 2025, when the mining begins. And to profit from mining? This is at least questionable at least for the citizens of Upper Austerlitz and the adjacent municipalities. And so the question is, what is our government doing? Why is he not fulfilling his promises? And why does not he tell the people the truth? The state, or its Diamo company, will not benefit from it, even if Pavol Krúp and his company Czech lithium enter the process. Only if he agrees with the Australian EMH. And this agreement has not yet come together. Photo:
Hello newspaper, page: 003

THE LEGISLATION WAS NOT CHANGED, THE UPPER LAW IS ALWAYS PAYABLE
19.1.2019
Questions of Haló novin for Jaroslav Bork (KSCM), member of the Karlovy Vary Regional Assembly - Could Czechia succeed to take over Geomet? Everyone who thinks about going off EMH from planned lithium mining on the Cínovec in the Ore Mountains should be aware that the upper law is still valid. I understand that the extraction of strategic raw materials will probably be a lucrative matter, I am clear why the entrepreneur Pavol Krúp wants to join with her company Czech lithium, but what I do not understand is the action of our legislators. I would like to remind you that as a member of Parliament, almost two years before the entire lithium case «started filling the front pages of news and news servers, he asked the then prime minister Sobotka about the details and conditions of possible extraction of this strategic raw material by the Australian EMH company, the risks associated with it, and the need to adapt the relevant legislation. Getting the relevant answers was almost superhuman. Just before the elections suddenly a case of 'almost stolen lithium' appeared, and the proverbial politics of lithium did not take the end. Lithium was simply the Prime Minister Andrej Babis' pre-election campaign, but one of the conditions for his government's support by the KSCM. - And what is the current state? Still the same. EMH is licensed to another thirteen exploration wells and a pre-emptive right to mining under a valid law. If Australians decide to take advantage of it, and we are going to prevent them from doing so, it is likely that we will not have an international arbitration, of which we will certainly not win and pay millions for a fake investment. Just on the edge: the principle of the Upper Law has not changed since the Middle Ages. For the state, the exploration activity was always loss-making, so the prospectors and minerals carried it out and the miners pays the state for the extracted rock. The fact that the state did not take into account the significance and possibilities of using strategic raw materials at fixed prices is a fundamental mistake. - Is it just lithium? It's not just lithium. Near the Chvaletice in Pardubice, the Canadian company Euro Manganese bought land for the extraction of Czech manganese, which is also used for battery production. The purchase cost Canadians around 160 million crowns, a similar amount they received in early October by entering the Canadian and Australian stock exchanges. Preliminary mining permits have been in place since April last year. We can show the reality of the pre-election promises on another concrete example. At present, Edifice is dealing with the transport of lithium sand from a former pond near Horní Slavkov by rail. The company works for billionaire Karel Janek's Sanaka Industry (SI). She is the owner of the land and wants to build a two-track railway siding along the railway line between Kounice and Ležnice.

According to the data, 656.5 million tons of ore containing 0.43 percent of lithium oxide are reported in the sources. This represents about 1286 kilotons of lithium, or 6990 kilotons of lithium carbonate. In this compound, the metal is traded. * The original estimates were double the stock of ores, estimated at almost half a billion crowns. However, the figure does not take into account the costs of ore extraction and treatment. Photo: In the Ore Mountains, lithium occurs in a specific form of cinvaldite or lithium mica. There is no experience with it and it is poor on metal. PHOTO WIKIPEDIA Lidové noviny, KATEŘINA SURMANOVÁ, page: 002

Without an agreement this will not work Premier's vision was that lithium deposits in the public interest expropriate the Australians and mines take Diamo. This is not straightforward in the legal environment. The decision of the antitrust authority unblocked the updating of the raw materials policy, which calculates the reserves that the state always enjoys as a matter of priority, as well as the amendment to the Mining Act, but nothing can be reversed and related to the Krušné hory area. There, the government must seek a joint venture with EMH, or its Czech daughter, Geomet - the company does not reject a priori, but it does not add references to expropriation. Apart from adjusting the state's preferential position towards raw materials, the amendment to the Mining Act will also introduce an increase in fees. The mining fee will no longer be changed every five years, but every year and every time it will revert to current market prices, with a tenth of it being the upper limit of the fee. In order to get things done, the miners will be obliged to report to the Ministry of Industry how much the scrap was worth and how much they sold. Nor do they like it, in some cases, it will lead to extensive redundancies until the economic end. If all the efforts that have begun come to an end and Diamo is thrown into the production of profitable raw materials by its own forces, the Czech Republic will become a unique phenomenon in the European space. Last year's government analysis showed that private companies, domestic, foreign and transnational, are almost without exception. "The only trace of direct involvement of the state in the extraction of some of the critical, superstrategic commodities is the case of the production of chromites in Finland by Outokumpu Oyj, in which the government holds a minority share of 40 percent," the conclusions of the document state. The reasons why states leave activity on the shoulders of private people are mostly economic - surveys and studies are spending millions of sums and their result may be that mining does not pay off. There is a similar threat to Tibetan lithium because the Krusne Mountain ore is not very metallic - it means, in a word, that one tonne of rock will be the majority of the waste and only a tiny fraction of the tradable commodity. It is a lithium mica, which is basically waste after the extraction of other metals. There is no experience with processing it. So the question is whether lithium from the underground is worth it. Serbian competition is also one of the risk factors - the Balkan country also has a large deposit that has a better balance of income and is also ahead of the project. Bearings in the Ore Mountains - The Czech Geological Survey last year surveyed and summed up lithium sources in the Cínovec region. It also looked at tin and tungsten because they are common in the Ore Mountains and joint mining could increase profitability. * According to the data, 656.5 mil

The state is circling closer to Cínovec lithium 17.1.2019 The Czech state can preferentially occupy deposits of important raw materials, the best known of which is lithium. An obstacle in the form of an antitrust office has disappeared. PRAHA The media storm around lithium took the first parliamentary elections, but the theme did not cool down in the lower deck. The fever of Prime Minister Andrej Babiš (ANO) continues and impresses urgently responsible ministries for the results. Now they will be able to respond faster; part of the work until recently stood because it was expected that the antitrust office will cope with the initiative of the Mining Union. LN found that the Office for the Protection of Competition (the Office for the Protection of Competition) had already decided and did not identify with the reservations of private miners. "At the end of last year, the Mining Union's initiative on raw materials policy was resolved, and the Office did not find the reasons for the opening of administrative proceedings," LN Spokeswoman Martin Švanda said. The pilots filed an initiative last summer, hailing that the government, in the name of public interest, provided the state-owned company Diamo, in cooperation with the Czech Geological Survey, priority rights to establish exploration areas over interesting mineral deposits on the basis of an updated raw materials policy. Priority right to exploration means a preferential right to exploitation. It concerns the so-called critical raw materials of the European Union, none of which are found in our territory in a meaningful quantity or state, as well as tantalum, zirconium, titanium, gold, lithium and uranium. Part of the government's mandate is a preliminary estimate of how much lithium is located under the Ore Mountains in Cínovec and how much it would come to get it out in a profitable form. This provokes the most irritation, because the mining law de facto breaks down, as Czech lands have known since the Middle Ages. Who puts - like the Australian EMH company on Cínovci - hunted sums into exploration, has the privilege right to extract and monetize treasures there. If it is not a state, it is a mining fee. But in the Ore Mountains, the state is still looking for the aisle that would reach lithium, although the upper law is now on the side of the Australians. "Diamo will prepare a feasibility study on the feasibility of adopting a lithium deposit in the Cínovec area in 2019, using existing publicly available data, offering options for opening and processing of raw materials, which will allow for a recommendation on state access to Cínovec bearing. a background to potential state negotiations with private investors, "summarizes the activities of the Ministry of Industry's material, which LN has at its disposal, and will soon be briefed by the ministry. Without an agreement this will not work Premier's vision was that lithium deposits in the p

https://ekonomika.idnes.cz/zlato-uran-lithium-suroviny-diamo-d5w-/ekonomika.aspx?c=A181121_440488_ekonomika_fih

In the last year, Diamo has been in the forefront of interest in connection with the Czech lithium case. The government would like the state enterprise prospectively to participate in its mining. But the situation is more complex, the rights to lithium have been acquired by a private company.

The survey at that time has gone so far that EMH fulfills all legal conditions, but the Czech Mining Authority will only allow it to do so.

If you are interested, you can try this:
https://www.mzp.cz/en/information_provision

Hello, earache,
I do not know if the echo24.cz is independent.
Borka is a member of the KSCM, he wants a change in order to benefit the state, but it is very positive that the communist acknowledges the mining rights for EMH and the laws of the Czech Republic.
For better orientation, please write an email to llithium@email.cz at Mr. Bork.
It will be interesting to write to you ...

by Jaroslav Borka, representative of the Karlovy Vary Region

https://echo24.cz/a/SJ5Ti/legislativa-se-nezmenila-stat-lithium-tezit-nebude

https://hlidacipes.org/kauza-lithium-loupez-za-bileho-dne-bez-zlocincu-a-poskozenych-tezba-se-stale-nekona/
President Zeman will appreciate Krupa with state honors :) uf, uf...

Yes, interesting...

Alternative link: http://www.greenpeace.org/czech/cz/press/Rezignaci-na-zvyeni-poplatk-z-tby-by-vlada-poruila-svj-program-Ve-prospch-uhlobaron/

earache

http://denikreferendum.cz/clanek/28344-lithium-a-uhli-si-ukrast-nechame-mpo-nechce-zvysit-poplatky-z-tezby

Antelope.
I see the status running. Facebook, for example, said they had already sold the shares. I do not think that's old information, still holding EMH shares.

Here: http://www.krupainvestments.com/en/activity/
I have found the following information:

"COMPANY: EUROPEAN METALS HOLDINGS
STATUS: RUNNING
ENTRY: 10/2017
STOCK EXCHANGE: EMH: LSE
VOLUME: 2 MILLION EUR

DESCRIPTION:
Krupa Global Investments is one of the largest Czech EMH shareholders, whose Czech subsidiary Geomet conducts lithium mining exploration at Cínovec and in the following years plans to carry out mining and processing there. Since our entry we are actively involved in the project.

The project will significantly support research and development activities not only in the region but throughout the Czech Republic, while at the same time promoting the education and employment of the skilled labor force.

During the past few weeks, we sent an open letter to the Board of Directors of European Metals Holdings due to the unsatisfactory leadership of the Cínovec Lithium Project, and we call for a general meeting of the company.
As one of the largest shareholders of European Metals Holdings, we are concerned about the development of the Lithium mining project at Cínovec in recent months. As an activist investor, we are dissatisfied with the approach of EMH management and its representatives to the Czech state authorities and the lack of communication towards shareholders."

If the company bought shares in October 2017 at an average price of 0.4, how big would their positions be?
I think about 6%?

In my opinion, Krupa Global Investments and Arca Capital together hold about 12%.
Does anyone have a more accurate calculation?
Earache or someone else?
Thank you.

http://www.miningweekly.com/article/lithium-ion-batteries-energy-storage-on-strong-demand-growth-trajectory-2018-08-13/

According to iDNES.cz, Janeček's firm can become the first mining company to be able to profit lithium in the Czech Republic (2019 possible). In the past, it was only obtained as a secondary raw material for tin mining, for example. "Recently, however, thanks to its use in mobile phones or electric vehicles, the demand for this alkali metal is growing," iDNES.cz wrote.

RSJ Director Libor Winkler said the entire mining would take about five years, line status, and subsequent logistics costing hundreds of millions of crowns and employing about 80 people. According to the Web site, Winkler does not deny that RSJ is primarily a financial investor, and sells the Chinese Deposits even with the right to sell. According to him, the company is now ready to separate mica and sell it for processing.

At the Cínovci pond, the landfill can use 680,000 tons of raw material. According to the survey, there should be a quantity of mica, from which approximately 11,130 tons of lithium carbonate can be obtained, ie after the final treatment of 2100 tons of elemental metal lithium, used in batteries for laptops, phones or electric vehicles, iDNES.cz said.

The sister company, Sankin Industry, according to Winkler, is undergoing a process of environmental impact assessment. Sanaka would also like to benefit from the pond in Horní Slavkov. It is about two and a half times more lithium than Cine. The IHNED.cz portal pointed out that the Town Hall in Horní Slavkov has reservations about the transport of ore trucks through the village.

Both servers recall that in the Ore Mountains, lithium also wants to take advantage of Geomet, a company owned by the Australian company European Metals. The last time in Cínovec was mined in 1991, when mining of tin was finished.

http://www.kareljanecek.com/en

I think the transport infrastructure is good. Billionaire Janeček knows what he's doing ...

https://zpravy.aktualne.cz/ekonomika/janecek-investuje-puldruhe-miliardy-chce-postavit-prumyslovy/r~4f585a489bb711e8b3e20cc47ab5f122/