The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Samshep I don't know why I bother with you. You say you understand the meaning of the word "expect". If you did then you would understand that this doesn't give a set date. Let me give you some examples:
She expects to have a baby by 30. It means that she expects it but it may not be the case. She may fall pregnant at 31. If she was sure she would say the baby will be delivered when I am 30. Let me give you an other example. The train is expected to arrive at 11.25 it means that is expected but there is the posts of arriving later due to unknown factors. If it was for sure then it would say the train will be on platform 1 at exactly 11.25 am.
And now to our announcement. The updated PFS is "expected" to be released end of next month(meaning February). It means that is expected but it may be also delayed for a bit due to unknown factors. If it was for sure the announcement would have read "the updated PFS WILL be released at the end of next month" Now if you still don't get it what can I say. There are no specific deadlines in this business and deadlines too can be extended. But at no point KC gave you a specific date. He always used the word "expected" or "due", both implying an approximate point in time.
I think some people here need to refresh their English language grammar. I am reading the announcement from 29/01:
"Lithium Hydroxide from bench scale work that is in process and due for completion next month (meaning end of February).At that point the company expects to be able to release the updated PFS results.
Now either you can google the words "due""expects" or the combined meaning of the phrase "due for completion" and "expects to be able" or you can ask a teacher if you know one to explain what's their meanings.
By the time we come to the funding bit Babis may not be the pm anymore and in my lifetime I have seen companies being in worse situation getting funding. I can assure you funding won't be a problem at all. The problem is to get up to the funding bit with minimal dilution.
I wonder if ARCA still has the same amount of shares or selling small parcels to bring the price down, spook some light handed investors to sell and then start buying big at very low prices. No serious investor would ever sell with two very important news due in a few days such as the Hydroxide results and the updated PFS. Either the ones selling have no idea of the upcoming news, ARCA trying to bring the price down as much as possible before the RNS, or the sellers are the dumbest investors ever. Pick one!
I have no reason to doubt Leo or Fingers about KC being in Europe meeting with Czech and German official. Actually that would be the right thing to do so I don't understand Tesla and the other sorry a.... doubting them. EMH will triple in price in 2019 from where is stands now. PFS updated with Hydroxide processing, an agreement of any kind with the government and a more than possible JV. Any doubts about EMH tripling in price?
I will strongly agree with Robin, the drill holes results are once again confirming our assets, very good lithium grades and with unexpectedly high tin grades in CIS13. Can't wait for the updated PFS including the Hydroxide results. I think news will start now flowing at short intervals. Something tells me that we will come to an agreement with the Czech government too. Time to load up. This on is about to take off, not from some ridiculous Krupa non price offer, but our updates alone.
Krupa is the spoiled seeking attention child!!! What they want is to bring the price as low as possible, spook the investors into selling and then make a low ball offer. If you are going to fall for that old trick is only yourself you have to claim for.
Exactly Colin, a resource that the Czech government didn't want anything to do with a few years back. That alone is a win in case of arbitration. Like we don't want anything to do with it but when the Australians find lithium then we want it? Please, I want arbitration. It may take a few years but that will be a sure payout. Yes you are right about this worthless attaché. He is getting paid for nothing. I wish I could have such a job.
In closing, if Krupa are serious about it we will see a price at the next offer. Otherwise don't pay any attention at it.
You are talking nonsense Blonde ad. We are still a company NB that has released a PFS, that's in the process of drilling another 13 exploration wells, that any day now should release the Hydroxide results and an updated PFS, and that is mid way with the DFS. So they can try hard but the value of our company is there and we have the rights until 2025, that's another 6 years. A lot will change I can assure you.
Why should they smrrty? If we had a subsidiary in Argentina should we merge with that one too in order to mine in Argentina? And if we had a third one in Serbia, should we merge also with that one in order to mine in Serbia? Are you for real? This is not how it works. Geomet is a Czech company by all means and it belongs to EMH. And that's enough. Do the Canadians have to become also a Czech company in order to mine? How do you think they obtained the preliminary mining permits? Being a Czech entity? Let's get serious a bit here. Do not pay any attention at Krupa unless they come with an offer with a number on it, otherwise is just mind games.
Relax Sam, this is all a bunch of bullshait. First they know that EMH will not agree to their requirements in order to buy more shares. If they want to buy more shares just buy, you don't have to put requirements. This is a joke. Then telling us about his medal and award, loooooool oil. I couldn't give a rat's arse about his award from the corrupted president. Then an article about how Babis wants the lithium to be extracted by a Czech entity or whatever. Are the Canadians or the other foreign countries in the Czech republic a Czech entity???? Get serious!!!!! Where is the price of their offer to buy Geomet? You have to understand that all this is publicity for them and nothing else. If they were serious about buying Geomet there would be a price on their offer. Saying that they are ready to take-over Geomet if EMH doesn't fullfil their requirements, when you know they won't........well show us the money and take Geomet. Don't pay attention at all at these lunatics. Is business as usual and you have to understand that only EMH and I say it again only EMH has the preferential rights to mine Cinovec and nobody else can. They know it and everyone else knows it. And if we go to arbitration better for us. We will get paid for our work, be sure about it, and they know it too. So as Borka a few days ago summarized it in his article, if the date or whoever wants to profit from Cinovec, they have to come to an agreement with EMH. That's the bottom line. The end!
I love the bit at the end of the letter where it says that KGI remains ready to take-over Geometry if EMH if their conditions are not met. Well how exactly is KGI ready to take over Geometry can we get an explanation please??? Lool And relax dude, everything will be fine at the end.