The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The only mining share that I have kept, antelope, is EMH and that's because I have a very low average of 42c AUD. Everything else I have put into blue chips with good dividends that every 6 months buy me a trip to Europe for me and my family and good spending money. No stress at all. I suggest you should do the same. Mining explorers 1 in a thousand will succeed. The rest will vanish with your hard earned cash.
Cheers
It is really remarkable that some people here still don't get that CEZ with the 51% is running the show. That CEZ will decide for any offtake with whoever or no offtake at all and will use all the lithium for it's own necessities. I never thought that EUR would have signed an offtake agreement before us, but that was before we sold the 51% to CEZ. We, that's EMH, we are employed by CEZ, the majority holder to manage the project, that's DFS and the rest. But if someone thinks that EMH with the minority percentage has the right to sign an offtake with someone without CEZ approval, must be completely delusional.
This Luthardt deal was was from the beginning a yeah right, nothing is going to happen deal. A couple of months more of the same missed deadlines and no substantial news and it will be back to 25p.
The new hydrogen car that travels 2,000 kilometers with a single tank.
Volkswagen is working on a new fuel cell that is much cheaper than the current ones and promises hydrogen cars that can travel 2,000 kilometers on a single tank.
Volkswagen has just applied for the registration of a patent for a new hydrogen fuel cell that, in addition to being cheaper than the current ones , will be able, according to its creators, to give cars a range of up to 2,000 kilometers without refueling.
This news represents a turn in the position that Volkswagen usually shows regarding hydrogen. Like Elon Musk does every time he has the opportunity, the German manufacturer’s CEO, Herbert Diess, denied the potential of hydrogen as a power source for electric cars in a tweet published in May 2022.
Herbert Diess, CEO, said:
It has been shown that the Hydrogen car is not the solution to climate problem.
“In transport, electrification has taken over. Fake debates are a waste of time. Please listen to the science.”
The patent application for this new fuel cell, carried out together with the German company Kraftwerk Tubes, shows that Volkswagen does not want to lose the hydrogen train and works outside the public eye in the development of this technology.
How does it work
The huge batteries of electric cars are accumulators of electricity that is released according to the needs of the vehicle. Hydrogen fuel cells, by contrast, are capable of generating their own electricity.
For this they need a high-pressure tank that stores the hydrogen in gas form —if it were liquid it would need to be stored at very low temperatures— and a fuel cell that converts hydrogen into electricity.
Fuel cells also have an anode and a cathode like batteries. Hydrogen enters through the anode and passes through an electrolyte membrane which is responsible for dividing hydrogen (H2) into a proton (H+) and an electron (e-). An electrolyte then causes them to take different paths to the cathode.
The electrons go through an external circuit creating a flow of electricity—which is what makes the car’s engine work—while the protons pass through the electrolyte to the cathode. There they unite with oxygen, which enters directly to the cathode, and with the electron, producing water and heat. However, Volkswagen and Kraftwerk’s fuel cell puts a spin on materials traditionally used for membranes.
Maybe VW works under the radar on something different?...........
0.845 in OZ. Looks like Tsibis's crystal ball has predicted correctly once more. Crystal ball crystal ball tell Tsibis once more how far EMH will fall. Patience is a virtue. The ones who listened to Tsibis are buying again at a great price. I feel for the ones that were dragged to buy at over 2.00 aud.
A 54.3% stake in Yajiang Snowway sold for around AU$424 million
The company’s Sichuan spodumene asset has estimated reserves of 24.9 million tonnes
Xantippe exercises option to acquire Luz Maria tenement in Argentina.
Emh has 175mil shares on the market. So based on the above, how much do you want to sell the 49% of our stake, with our share price dropping, with lithium prices projected to drop as well in a couple of years. Tin also on a downward trajectory. I saw some some people expecting 4 pounds. For the 49%. Delusional is not enough to describe it.
The biggest problem with EMH is that it doesn't hold anymore the 100% of the project and has become a minority with a partner that is 70% owned by the Czech government. Has no more say in anything and has to go along with whatever CEZ is deciding. Repeat this everyday and maybe one day you'll understand what we are talking about.