I agree Tom, DRA need to nail down those costs its what a DFS is about Numbers! accurate as its possible to be .
I also agree that why on Earth wasnt there some form of communication that this was likely to happen some months back im sure the sell off wouldnt of been so drastic as it has been this morning.... why not say costing is proving difficult in these testing times with everyone trying to sourse Expertice and Materials for their own Mine/ projects and prices in general are going up blah blah , we could well of drifted still but to this drop off??? Take advantage if you can , at low prices it will happen Czech republic want this to happen and EU Lets see what they have for us.
windy gloomy here in Essex and the bin bags are flying, whats life like in Perth today?
Some nice round numbers too 25000 x 2 that I noticed
Keith knows finance, when it comes to any financing we may need , we neex to know of what Grants will be on offer to know How much is needed through loans this is possibly all in process now CRMA being stamped next steps.....
And shorting
Bank fraud . A friend had £500 taken out in one day in small transaction s, be mindfull and becare of social media.
Geomet head office isnt in Australia
EMH will be more attractive to any buyers when we have all the loans grants and finance is secure then see what we are truly worth .
Https://twitter.com/ThierryBreton/status/1734571700828721554
one step closer to....
.......
Https://twitter.com/MarosSefcovic/status/1733119015462056226
https://twitter.com/Thematicafunds/status/1733100134177583354
I think the DFS will come in higher than the PFS 17k,not just because of our location and green credits, which are pretty good if we go by recent presentations, there is transparancy of Where the Lithium comes from is processed and to end user, id say a premium on that too.
When Lithium prices were High 80k a ton everyone and his Dog started poming about and claiming the next Eldorado! But it was only profitable for a lot of them when the price was High as OPEX is higher for a lot of them making profit when price is low for some imposdible.
I think too that the price now is being manipulated down so as those unprofitable mjnes can be bought out cheap and when prices rise again they get cranked up into production and what price does Lithium need to be for that to happen? Thats in the future.... but Cinovec can make a profit at low Litium prices so worth investing in a company that can command a higher lithium price and carry on making profits. All in my own opinon, but its How I see it
Https://ec.europa.eu/commission/presscorner/detail/en/statement_23_6404
Good find there FB brings to mind the matter of Cez and EMH applying for patent of the processing method or something a whole back, seperately as opposed to Geomet maybe an earner for EMH outside of Cinovec?
The extra tonnage was to be axdex after the DFS and not part of it as I understand it.
Https://twitter.com/Thematicafunds/status/1732279404435570748?t=v8w1xQMDXDmaG0S9YTc0gg&s=19
A move purely to a better regulated domicile that investors are happier with, thus a box is ticked for those investors, who must surely wish to be invested in EMH I think that shows interest is out there, as knew anyway but hurdles are being lept over slowly yes.
At low Lithium prices I would say losses would be most likely so who would Mine it and process it? A lot of new comers to the Lithium industry need the price to be a lot higher to make it worth while ,
I wonder Who is selling and Who is not? I put that to the Institutions that have invested with EMH , Due Diligence that has taken some of those companies Months and months to come up with the answer YES we shall invest
IF there is to be a DELAY in News coming out then im sure it will be a Dissapointment and the SP may react accordingly with those NON STICKY shares being traded and bought up I wonder by WHO? at bargain prices.
The DFS WILL arrive just a scase of when and the reaction may not be the one we all wish for due to the price of Lithium at this present time making Lithium a no go area for SOME investors non sophisticated and the Sophisticated . UNTIL the DFS and for those sophisticated to load up under the RADAR and then you coud see the SP rise , you see EMH still remains the prize of Europe (IMO) to get a chance of getting in low will attract them to EMH more than others that arent so Thouroughly inspected, How Green and clean will Cinovec be? and profitable even at LOW Lithium prices, How many can say that?
Expertice in the Lithium industry is sparce so getting that DFS done could be pressed WHY does it need to be done at a certain time? ( Christmas) Only suggestions that it should be in the last quarter and im as dissapointed we havenint heard anyhting, and who knows we might not before Christmas . what is the actual change to What will happen if the DFS is not brought out before Christmas? The permitting situation im sure once the DFS shows How envoirenmently friendly and proftable will tick a few more boxes in that department , my opinion IS that if those boxes ARE ticked. the admin is swift, no basis for that but How else can you speed up EIA ? remember the price of Lithim today and in two years or so time could be a lot different, I wonder what the CONTRACT prices were this year? all we ever hear about is SPOT price,
My personal opinon if thes is a delay to the DFS it will provide that DIP and it will be seen as Entry point for some new investors and old to top up
,How long till that permitting ? the impatient will want it yesterday the BORING patient ones will wait , when this share gets boring BUY it , some one said they liked being Boring didnt they? lol
Moving from British virgin islands, to re domicile in Australia, as better for drawing in investors who dont like BVI as not got a good