Member Info for Sid_fiddler69

in no bodies interest to accept a low ball offer

I have watched the video, am I correct in thinking that Koby Kushner says go for things that WORK at half the price Lithium is today. I hope im correct in my very quick look at Lithium prices and they are about $43,580, so half is $21,790 prepared to be corrected on these numbers of course but what exactly does WORK mean? profit of ??? XYZ? The Cinovec project has a PFS of $17,000 but we also know that should prices go under that,( highly unlikely) IMO) that Cinovec will still be making a good profit, so I think if you can find a investment that could make money with $21,790 as the price of lithium sold, then Cinovec can still make money at a lot lower levels? but im sure $21,790 isnt the figure CEZ or EMH has for their Lithium, as Lithium is YET to have its day, what price coud be on the negotiating table?

looks like VW want to be a supplier of Batteries to other third parties, and not just for their own needs for that they need their own supply...I would suggest . sounds like they are entering into the Mine owning business,

https://www.proactiveinvestors.co.uk/companies/news/1009381/volkswagen-plans-to-invest-in-mines-to-bring-battery-costs-down-1009381.html

Volkswagen Group plans to invest in mines in order to reduce the cost of battery cells, meet half of its own demand, and sell to third-party customers, according to Reuters, citing Thomas Schmall, the carmaker's board member in charge of technology.

Long-term, Volkswagen plans to build enough cells to meet half of its global battery needs, with most production capacity located in Europe and North America.

Long-term, Volkswagen plans to build enough cells to meet half of its global battery needs, with most production capacity located in Europe and North America.

KC has said that, from my memory,45 k tons was easy, so 75 could then in theory be a target to upscale too after time or even as first phase who knows

certainly hope that Cinovec as a "strategic" critical raw material, will be afforded every assistance, permitting for extraction 24 months ?? is that what the EU call speedy?
lets hope that as

lets hope our ex US ambassador proves useful .....

Skoda final results on Thursday,and giving their outlook on future projects, most likely have nothing to do with Cinovec but it may tell us where their Electric car industry is heading and thus their need for Lithium.

I hope we get to hear about Cinovec getting permitted and financing deals soon with these kind of reforms , Cinovec according to the Just transition fund is Strategic so.....

is this the start of those going short going long now? could be with News supposed to be coming from EU. and the US with its IRA act helping them.... Lithium given so much assistance ( hopefully EU too) .Yes the spot price has gone down but those Lithium commentators predicted it and see its recovery too...

https://www.afr.com/markets/equity-markets/screaming-buy-lithium-stock-shorter-switches-sides-20230307-p5cpz9

some one adding to their holding in 5,000 share purchases today by the looks of it,

I do remeber KC going to Korea many many moons ago and having early talks with those companies , if my memory serves me correctly. CATL im sure would love to take what Cinovec could produce too ,EU seem to want it to stay out of Chinese hands but then they want evewrything to be European and the companies making the batteries are Korean, Chinese and others European , BASF, UMICORE,A 123 and thats from EMH map

So VW have a Gauranteed supply up to 20 28 are in no hurry to decide on Giga factory, where is that Gauranteed supply coming from? could be in part still Cinovec without Giga factory or with it later??

negotiating tactics, it is a business so chasing the best offer that suits VW

I hope that the, European Critical Raw Materials Board will get itself together and not slow the very processes they are there to speed up by entering into months of disscussions before they decide which projects are deemed "Strategic" im sure Cinovec will be but How quickly that happens.... come on EU Show you can move as fast as you want the very thing you are trying to speed up!!!

cheers for your thoughts guys im pondering my options .

https://twitter.com/globallithium/status/1632037273918218246?t=9N1Y7qc72BOPYmisZuaC2w&s=19

loans Grants ? IRA why Grants for some and loans for others interesting, and if Critical Raw Materials ACT is to MATCH the IRA ........

I wonder if any of you guys can give your opinion on the following,
We all buy dividend stocks for the dividend s what ever they may be and also hope that we bought in low enough to see a profit from growth if we were to sell them at a later date, now I wondered , as the government are reducing the capital gains tax allowence down to £ 6, 000 next year and £ 3,000 after that. Is there ever a time to buy a dividend share at the time when most people would either hold or sell them , so as you dont make too larger profit or none but you get the Dividends of course. I know it sounds potty ish but???

this could be Cinovec???
"This is not about lowering environmental standards, on the contrary: some frontrunners in Europe are even creating new world standards for sustainable underground mining."

I just wonder at some countries, either they want to stop using ICE and have a much cleaner planet or they want to carry on polluting it and causeing so much damage to the planet? for those countries complaining ,is it a case of our car industry CANT go electric thus we wont have an industry or some thing else ? seems to me they only care about themselves and not the bigger picture..... well US seem to care AND have done some ting about it, if the EU dont as a whole the EU car industry is going to be doomed IMO