Member Info for Sid_fiddler69

... if VW do as they have said and stop development therefore no advances in MPG or emmissiuons, ( not that they know what that is lol)its a fair bet that there will be an increase in their output of EVs thus needing more Lithium, Could
be Cinovec

https://twitter.com/CzechLithium/status/1071247544829665280

... tweeting today about VW and their intent to go fully electric by 2026 ,2nd tweet mentioning VW lately..... Hmmmm

.... disguises the Buy and sell price, been this way for a while or so it seems, once we get news will this alter?

Keith also said "the reason is a good one"..........

Tin isnt a problem to sell.

IMO Babis only brought it up again because of his vote of confidence was close ,or Why not mention at other times? Nothing to be worried about IMO but its puss filled boil that needs lancing !!!

perhaps Babis just placating the members who oppose EMH ?

Its just speculation due to lack of news happens on a lot of bulletin boards ,somebody will be interested in us why not VW ,another week passes got to be soon .....

When I hear about these sort or deals I wonder Why dont companies like ALB invest , comparatively speaking , in companies like EMH and others who have yet to produce but show excellent chance of doing so at low cost and substantial profit,small change to them , I guess it may be that if they invest in one company that share price goes up on that news alone and not whats going on with the company itself ie DFS permits etc , but what a good CHEAP oppurtunity tho if it came off,
Bankable DFS,de risking,I some times wonder Whats wrong with us?why not us?I dont find an answer to that,except I think we have to go further down the de risking route to counter the Babis effect if it exists. I am fully 100% committed to EMH and what we are doing at CINOVEC , Lots to be gained by all concerned , Czech government with Taxes and employment and maybe small involvement with envoirentment clean up via Diamo they dont have anyhting else to offer expertice wise, as far as I know ,Downstream processing all in Czech republic, there might be options to feed other countries Battery factories, No one really knows what the battery allience will try to make happen, share holders will gain too of course,

Excellent point.
EU saying WE have reserves, but WE dont have the refining ability.
EU as one big entity and CZ a part of that along with others .
and WHO does have that expertice?

maybe they have a better way of getting the impurities out that doesnt cost so much, during their hydroxide process, I dont know what could be said to be substantial.we await.....

there is a process to follow a slow one in Czech republic, but KC does mention How drilling permits have come in good time , so thats encouraging to know,.

advanced discussions with off takers in EUROPE ( assuming we produce what they require) my assumption from Proactive interview.

https://www.proactiveinvestors.co.uk/companies/stocktube/10663/european-metals-secures-key-permits-as-cinovec-project-advances-10663.html

https://www.proactiveinvestors.co.uk/companies/stocktube/11097/european-metals-kicks-off-dfs-drilling-at-cinovec-lithium-tin-project-11097.html

Probably enough to keep up their% for what ever reason, like they did with BCN ,

Maybe the reason for the Rns is because the new one isnt ready ie hydroxide results not factored in yet,but needed to show potential investors off takers something when meeting people, exactly whats price sensative im not sure, the inclusion of the hyroxide tonnage ? But I dont have access to the original PFS ,

I wonder if any of those new investors were from Korea? its possible, but city and existing investors most likely.

"The Company has today issued 5,177,500 new ordinary shares (represented by Chess Depositary interests or "CDIs") with new and existing investors at an issue price of 20 pence per new ordinary share, representing an approximate 13 per cent. discount to the closing mid-market price of the ordinary shares on 16 November 2018.

Cadence Minerals Plc subscribed for a total of 250,000 Placing Shares. Following participation in the Placing, Cadence Minerals Plc is now interested in a total of 28,096,470 CDIs representing 19.16% of the enlarged issued share capital of the Company"

Cash to carry on with work.Those investors must be sure of their investment to get their money back and a profit, Confident in EMH and the Czech republic .

Lucky baggers!!!

"The German automaker didn’t disclose any specific battery manufacturers for its contracts, but the usual suspects would be LG Chem, Samsung SDI, Panasonic, CATL, etc."

https://electrek.co/2018/05/04/vw-doubles-electric-vehicle-battery-contracts-billion/

and they want to make thier own too VW that is a partner ship with one of those to get things rolling?

Can see why KC could be there as they (Koreans) have plants close by to Cinovec and it could be he wants more than one off taker/investor and competition for the German car manufactuerers, Was he asked to go? who knows ....Do Koreans use Hydroxide?