RE: The scramble for lithium is gone, CEZ has agreed to cooperate with the miners5 Dec 2019 04:24
Seems fair. I'd be happy enough to vote in favour of that.
I wonder how "fair market value" is calculated. I'd say it would be more positive than AIMs valuation considering CEZ paid the equivalent of EMHs full Market Cap for half of it's assets. Which is good, if CEZ decide to buy us out because it gives EMH twice the cash it's valued at to invest in another project if it came to that.
If the government have a hand in the project, mining licences will be approved. With CEZ funding construction cost (£200mil??) we don't need a DFS and BFS. The only part of the study needed is the directing to point the shaft drill. Who cares if EMH is in control or not when they own 49% of a company that WILL a fortune as opposed to 100% of a dream. It's still a good deal. Tblisi needs to get off this board for a few minutes, take some deep breaths and get 51% on repeat out of his head.
It's in an RNS that CEZ have exclusivity on the due diligence until the end of the year. It's also in an RNS an "estimated" DFS timing. Though obviously this one can be taken with a pinch of salt. I suggest you read some of the previous RNS and remember their contents if you want to know WTF is going on, rather than just keeping the latest one in your head for 5 mins then forgetting about them.
These two following paragraphs are false. This is based off older tech batteries. New batteries don't have ANY of these issues.
Also found in devices such as computers and mobile phones, lithium-ion batteries are rechargeable. Almost every electric vehicle on the road uses them. But they have big drawbacks. As well as lithium, they contain rare, poisonous substances such as cobalt. They can explode or catch fire, as seen with the spate of incidents that forced Samsung to recall tens of thousands of Galaxy Note 7 phones in 2016.
With repeated charging, car-sized models eventually become spent. Recycling them to recover the cobalt and lithium is extremely expensive – about five times as much as the cost of disposing them and starting from scratch.
That's actually a seriously valid question that would indicate the value of someone's opinion. Not every opinion is worth listening to Tesla. Assuming every opinion is of equal value and he who shouts loudest and most frequently has higher value would also be stupid. Right?
He's full of 5h!t MrCautious. Every time he comes out with a statement like that, he just highlights how nobody can have any respect for his opinion. He's effectively digging his own grave. He's too stupid to even fulfil his tactics of dishonourably deramping this company.
How many times does Keith have to repeat "LOW COST PRODUCER" for peoples brains to start working.
Let me assist you guys. If the price drops so low that 10%, 20%, 30%, 40% or 50% of the worlds lithium mines can't make a profit, then where do you think the supply is going to come from?????
Not really. They sell spodumene at a price directly related to the price of final product. If you assume a percentage drop in one is the same as the percentage drop of the other you'll get a reasonable guestimate.
RE: Northvolt go with Tianqi for offtake25 Sep 2019 20:59
You'll maybe notice that most people positive about this company already know the answers to these questions. Maybe it would be worth your while reading a few RNS' rather than attempting to start a childish, distracting arguement.
RE: Northvolt go with Tianqi for offtake25 Sep 2019 18:51
Earache, could you please finish than analysis and compare their cost of producing a tonne of lithium hydroxide to EMHs. Then multiply the profit per tonne of $5,000 for EMH by their target yearly production. Once you've done that, could you find out the cost per tonne for all the major producers. After that, work out what the yearly world production would drop by if the market price dropped to $7000 (as a result of many producers shutting down) I'm curious to figure out if you're intelligent enough to realise EMHs production costs are low enough that they can actually take advantage of increasing their market share if the cost comes down. My guess is you're not.
I'd rather my taxes go to the health service that be wasted employing an organisation of jobs bodies to poorly regulate an entire nations social media interactions and give their "expert" opinion on where that persons comments and speech should be silenced. Sure why don't we just ban free speech and social interactions between more that 2 people and have a 9pm curfew, because that's the road you're going down. I think I should be free to tell you your comments are ******ed, selfish, and short sighted without someone falsly reporting me as a troll.