The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Iv been slowly accumulating here over the the last 3-4 months - one of the only significant REE resources in Australia - with a 7mil mcap - I keep thinking when not if goes much higher. Really happy with today's news as I though one would come. Onwards upwards from here
Highlights
· The Prunéřov site has been selected for the lithium processing plant with the move expected to speed up the permitting process and expedite the Cinovec Project.
Speed up and expidite
· The Prunéřov site is anticipated to also enable positive outcomes for project economics including reductions in capex and opex per tonne as a result of optimalization of the engineering identified as part of the Definitive Feasibility Study ("DFS") process, and reduced demolition and clearance requirements.
Positive outcomes for our Economics - reduced capex and opex
· The new site has received preliminary agreement and support from the municipal and regional governments.
Confirmed support from municipal and regional governments which they didn't clearly have before until now.
· Geomet will now proceed to finalise the DFS process taking into account the new site, including the revised capex from the new site.
Finalise... The largest majority of the DFS is complete.
Todays news was great and further derisked EMH towards being a major producer for the EU and Czech Republic - it also gave further emphasis on the move away from coal, which supports the purpose of the JTF 49mil grant to help replace coal jobs with clean jobs.
Theres also been alot of confirmation across the 2024 interviews that CEZ, the government, and the bank are aligned and that the projects coming online. There's constant blaming the CEO when it's obviously not in his hands - it the EU that has been slow, until now. With the CMRA, net zero act, innovation fund have all come into effect over the last 6 months +the Just Transition fund starts giving companies the money in Q2- things have never been more on EMHs side from here moving forward. Will continue to accumulate before before the rest of the Q2 Newsflow.
Jan Losenický, Mayor of Kadaň, added: "We welcome the plan of ČEZ and Geomet to build a lithium plant in Prunéřov. People from our town who currently work in coal-fired power plants or mines, but which will be gradually downsized and closed, could find employment in the processing plant. The investor has promised to invest in the training and retraining of current employees so that they can be employed in the new sophisticated plant. We are glad that ČEZ will not leave the region with the end of coal but will remain one of the largest investors and employers in the region, also thanks to the lithium park project.
Made in Europe - all about the future of European mining starting from May
https://youtu.be/Qm5YiUgkJew?si=ZzuC1U84yHqPEd-V
All useful posts get covered with persistent nonsense from non holders. Dyor, she's gonna rerate on grant alone and in remains in gift territory for now
Highlights
· The Prunéřov site has been selected for the lithium processing plant with the move expected to speed up the permitting process and expedite the Cinovec Project.
Speed up and expidite
· The Prunéřov site is anticipated to also enable positive outcomes for project economics including reductions in capex and opex per tonne as a result of optimalization of the engineering identified as part of the Definitive Feasibility Study ("DFS") process, and reduced demolition and clearance requirements.
Positive outcomes for our Economics
· The new site has received preliminary agreement and support from the municipal and regional governments.
Confirmed support from municipal and regional governments which we didn't clearly have before until today.
· Geomet will now proceed to finalise the DFS process taking into account the new site, including the revised capex from the new site.
Finalise... The largest majority of the DFS is complete.
Todays news was great and further derisked us towards being a major producer for the EU and Czech Republic - it also gave further emphasis on the move away from coal, which supports the purpose of the JTF 49mil grant to help replace coal jobs with clean jobs.
Theres also been alot of confirmation across the last interviews that CEZ, the government, and the bank are aligned and that the projects coming online. To think we still just bouncing off a 5 year low. Forget past delays and Ignore those blaming keith - the EU has been slow, until now and everything is on EMHs side from here moving forward.
"What has been clear in this process is the importance placed on this project by the community and Czech Government at all levels. In the European Union's Critical Raw Materials Act ("CRMA") environment, the coming together of both the Cinovec project joint venture partners and the Czech Government in the decision-making process with regards of the selection of the Prunéřov site provide a very strong foundation for our upcoming application for Strategic Project status under the CRMA."
Ladislav Štěpánek, Chairman of the Board of Directors of Geomet, stated: "Prunéřov is a suitable place for our project. It is an industrial location at a greater distance from populated areas where a lignite power plant is already operating. Building a processing plant in Prunéřov fulfils our philosophy of coal transformation, as it would provide enough jobs for the employees of the gradually closing coal mines and power plants located in the vicinity. Only an ore loading facility will be built at the original site at Dukla, from where we will transport the ore by rail to Prunéřov. I am glad that we have found an agreement with the municipalities and the region and can continue with the project at Prunéřov."
Strong and buy and hold - today's bashers have a clear agenda to spread FUD and lied today multiple times about time lines, funds and keith - re read the R
Made in Europe - from mine to electric vehicle
https://youtu.be/Qm5YiUgkJew?si=ZzuC1U84yHqPEd-V
I just found and watched this from a month ago. The push for European mining is now to create more syphisocated cleaner mines and to produce fair metals is starting now. The documentary shines a light on the standard Europe will set and inforce at the boarder now for others who don't follow the same rules and produce high Carbon intensive dirty products and meterials. Powered by CEZs green energy Cinovec can be one of lowest cabon producing lithium mines on the planet ( Refrence the carbon footprint slide in the most recent presentation showing us without CEZ green energy, with and compared to Chinese mines and the Latin amaerican brines ) the talk alot local and region acceptance - today's Rns shows we have that. Which wasn't actually clear until today's Rns - we also have more space for the increase to 60,000 a lower opex and capax
Todays news was great, but the bashers tried to exasibate it like it was a restart of the DFS, completely untrue. And with the CMRA and everything on side, the timings never been better for EMH. Bring on the next pieces of Newsflow - especially the Grant that just seems to be not discussed and swept under the rug because it doesn't fit there gloom agenda. After it lands i can stop positing, until then when I have time il share key info for the genuine holders and call the lies out when it's blatant. Anyone less or not researched wouldn't tell the difference and would be detoured, when actually now the best time to be buying into the largest lithium deposit in Europe for the short medium and long term - especially when the 2 next alternatives have protest issues. Today's Rns derisked us of anything like the above happening at Cinovec and we can move forward.
Jan Losenický, Mayor of Kadaň, added: "We welcome the plan of ČEZ and Geomet to build a lithium plant in Prunéřov. People from our town who currently work in coal-fired power plants or mines, but which will be gradually downsized and closed, could find employment in the processing plant. The investor has promised to invest in the training and retraining of current employees so that they can be employed in the new sophisticated plant. We are glad that ČEZ will not leave the region with the end of coal but will remain one of the largest investors and employers in the region, also thanks to the lithium park project.
More lies happy - you've previously played the unhappy lth stance but it's clear your not and just made up come nonsense about capex
Keith Coughlan, Executive Chairman, commented: "While providing a good outcome for the surrounding communities, the decision to move the lithium processing plant from the Dukla to the Prunéřov site is expected to have a positive outcome on the capex and opex per tonne of the project due to the possibility of quicker permitting process and more effective layout of the processing plant.
The Just Transition fund 49mil grant is expected to land in May - applications closed on the 31st of December - we dropped for the delay in DFS from the 30s, but now are closer to grant and other near term news flow. Bashers have said this project won't come online for months and have made the BB unattractive from anyone new looking in.
DFS is majority complete, I don't mine if it's June July with other news first - the key thing today is also all the necessary regional and government support. Who else can actually provide the EU with lithium raw material self sufficiency? We're the largest, and no have full local, regional and government support confirmed.
Cmra and the net zero act are all for expediting projects just like Cinovec - we already have strategic stutus under the Just Transition fund.
EMH is Largest lithium deposit in Europe - the 5 largest non brine in the world, also a globally significant tin resource
Remember what were investing in - bashers not talking about the Tin price either that's currently not been included or what the increase from 30,000 to 60,000 will mean from the NPV and I turn the NAV vs the mcap
Theres also the 8bn gigafactory offer being negatioated at the moment...
https://english.radio.cz/government-discloses-plans-ev-battery-gigafactory-karvina-8810603
Dyor - the current price is an opportunity
Happyliuk - that is some Bs right there lol
40+ posts, majority clearly from people not in
Todays Rns, reduction of Capax and Opex, we already were at $5500 opex. DFS worth of the asset and deposit a largest majority complete as per the carbonate and hydroxide flowsheers, and all works that have happened up to now. They will be readjusted to the new site which is well known and not can be completed.
Also no one else speaking about the other pieces of near term news flow? Or what a derisking factor today's Rns was - impatient to those researched with a little bit more patience. Znwd is actually years of a DFS and has a slightly smaller mcap, will produce less from a smaller deposit... And doesn't have a grant bigger than the mcap coming
Todays news also helps with the planned increase to 60,000tpa with a larger site - who's producing that much in the EU at the moment? No one - we are a strategic project to the EU's self sufficiency and the 2 others SAV and Serbia have mass protests as hurdles
Dyor, the pessimism created the buying op in the first place - I feel. Sorry for the lths that have put up with this nonsense for so long. Report and ban the lies and disruption when it's clear that's what it is.
Why is no one else speaking about the grant more than the mcap?
I'm happy I have some time today to counter some of the lies.
DFS is majority about the deposit and not the location - it's a fully established new location with support for all sides.
Were in stronger position today than at any other time and these posters act like there unaware of the effect there posts will have on detiring others. There non in a don't want the SP to rise. Or speak about any of the positive of today's Rns or any of the near term news flow that follows.
I will keep reporting the lies and misinformation but look forward to the Grant as then I won't have to post at all anymore and the bashers wont have anything left to say. Worth watching the video shared and covered earlier about the Just Transition fund, yourd think holders would be talking about this now it's so close.. But we have 40 posts of majority FUD from those not in - who will then call me a ramper instead of one of the only sharing the facts or where we are now and what's coming.
The Just Transition fund
Innovation fund
Net zero act
And CRMA are all great for us and all have been signed over Q4 and Q1. Back above the banks price on the grant
It wasn't communicated badly
Local, regional and government alignment reconfirmed for the Project that it's coming onlinr
Lowest capex and opex - but it assumed that people would realise a change in site doesn't mean At all, a restart of DFS
It's majority complete and now can be readjusted to this well know site. Today's news also speak to the phase away from coal and replacement of green jobs - showing even more support for us to recieved the JTF 49mil grant.
I will keep reporting lies as false and misleading information and rudeness and covering up the facts with nonsense as abusive disruptive - I recommend others do the same
Again, are you guys being neive or purposefully lying?
Todays news doesn't Not mean a restart of the DFS - the DFS is majorly complete and no gets adjusted to the new well know site.
+ no one is speaking about the multiple pieces of new term news flow.
I'm not a ramper - I share facts and info
But there's multiple posters, who clearly don't hold who are now jusr straight lying. Unclassy and unattractive. But will silly shortly
Deliberate lies and falsh information Skelly - I recommend all report him
Theres no year of dilution, were funded approaching a grant more than the mcap on the coming weeks. Which you keeping to cover up
https://youtu.be/UPTqsrmTfAE?si=BK3wYGXh_1nI5sac
Todays news also helps towards that. Today we're derisked by confirm support from all levels for the Project to come online. DFS is Largest majority complete. See through the lies and mi's information
https://www.lse.co.uk/rns/just-transition-fund-approves-cinovec-project-hvgte7a76r3slkw.html
https://www.consilium.europa.eu/en/press/press-releases/2024/02/06/net-zero-industry-act-council-and-parliament-strike-a-deal-to-boost-eu-s-green-industry/
Everything is on EMHs side to succeed and non of it is priced in. Today's news also means lower capex and opex. Non of which the bashers are speaking about
So many posts from people trying to keep the share price down - today's news was a buy signal and the dip is op I will take
The Grant now worth 6million more than the mcap which isn't being discussed and info about keeps being covered . Today's news shows were supported and coming online.
I don't no if it's nievity or known lying
A DFS is majorly about the deposit and not the sit - this is well known site and we know have support for all sides. DFS is still majority complete and this no lowers capax and opex. Also gives. Confirmation Cinovec is wanted to come online by all party's and it's happening - while the SP doesn't reflect it. Il be buying more shortly. This is 1 price of many in the short term.
What has been clear in this process is the importance placed on this project by the community and Czech Government at all levels. In the European Union's Critical Raw Materials Act ("CRMA") environment, the coming together of both the Cinovec project joint venture partners and the Czech Government in the decision-making process with regards of the selection of the Prunéřov site provide a very strong foundation for our upcoming application for Strategic Project status under the CRMA.
Jan Losenický, Mayor of Kadaň, added: "We welcome the plan of ČEZ and Geomet to build a lithium plant in Prunéřov. People from our town who currently work in coal-fired power plants or mines, but which will be gradually downsized and closed, could find employment in the processing plant. The investor has promised to invest in the training and retraining of current employees so that they can be employed in the new sophisticated plant. We are glad that ČEZ will not leave the region with the end of coal but will remain one of the largest investors and employers in the region, also thanks to the lithium park project.
Excellent news - further derisked and even more likely. First piece of many over Q2
https://www.lse.co.uk/rns/just-transition-fund-approves-cinovec-project-hvgte7a76r3slkw.html
https://youtu.be/UPTqsrmTfAE?si=B4UUuSJQhtoCXsgN
Have a good day all
Such a significant interview for those invested worth watching - specifically about the CMRA and what it means for European mining and EVs starting from May. The bank would have had no doubt the project is coming online when making the 6mil purchase, people buying at half of there price will do very well short, medium and long term.
https://youtu.be/Lre-QtKXIhc?si=ebuF00r_j1PZ-vQR
"Here I'm telling every Gigafactory promoter, every lithium-mine promoter - these are no regret projects - everything you produce will be used - because it will not be enough for what are the projected productions - we just need to help these businesses and project promoters to succeed." Macos Sevcovic from 22:11
Reminder - it's this guy and he's the main face pushing the CMRA https://twitter.com/CzechLithium/status/1750112472483135495?t=LXzpQMCFiAOPBhfqwCAMwA&s=19
Draw the dots - it's obvious what's coming if peole are able to see the research and facts without haven't to scroll through nonsense. The strategic projects are to ensure the EU has raw metrical self sufficiency - for lithium self suffiency, they can use the largest deposit in Europe... Good to see him above at Cinovec... Then his opinion on lithium mines...,
https://x.com/MarosSefcovic/status/1780687644663685580?t=7GFuDDf8RPcbRlCGN8XSfg&s=08
Tick tock - Atb, have a lovely evening all
Evening all - good day today, nicely building towards the news rich period
Strange BB obviously frequented by a group of bashers with a clear agenda.
Since I started posting here, iv only shared facts about the company and what's happening in Europe now and recently 1 post a day, and when I check in at the end of the day 20+ majority nothing to do with what's happen now, what's coming or the Asset. Soon the bashers won't have anything to say. Especially after a 49million euro grant!
The Just Transition fund was specially created to help countries of the EU to phase out from coal - specially coal+ regions, which the Czech Republic is one generating 40% of 2023s energy from coal. CEZ owns a large majority of the coal production and is phasing it out - CEZ being the state power company 70% government owned helps when recieving such things. They plan to use are tailings to rehabilitate the coal deposits which is good ESG for both CEZ and EMH. The only 11 companies the moneys going too.
https://youtu.be/3Tl6Q4-5EOo?si=YW91Dtx6qAlOvPuU listen in at 3.33
Over the next 5 years 25000 coal Jobs will be lost in Czechia, that can be replaced with 1000s from clean mining the countries lithium and magnamise deposits, alsos the expect 5 - 7 thousand jobs that can be created by this potiencal new 8bn Czech gigafactory offer currently being negotiated. Anyone think there would be a Gigafactory in country with the state power companies involment, EMHs partner CEZ. Czeck lithium in Czeck built battsries and cars.
Then the complaints about keith;
Does anyone seriously believe keith is to blame for the current delays, with CEZ as a major partner? Or do you think Europe as a whole has been slow, until now?
Times of maximum pessimism can be an an opportunity - we're bouncing off priced to fail at half the banks price and equal mcap to Grant ( you would think people would speak about this more instead of trying to cover it up) while things have never been more on our side for us to come online. The current price is an opportunity because of this, and research at the moment while there's FUD being spread is our edge. We was in the 30s in December - Others will be buying above the banks price after the grant or strategic status for the DFS, Offtake and FID that follows, then others after than to hold to production.
Every article I shared this morning were new from the last few days about the CMRA - as expected, more and more are coming out now leading up to May. Iv shared 3 separate interviews from the last 3 weeks on what May means for mining in Europe. All worth watching.
tick tock to news - while starting to see alot of articles the last fews days as we get closer to the cmra fully starting in early may. il share a few.
https://www.euractiv.com/section/energy-environment/opinion/raw-materials-mining-in-europe-responsible-necessary-and-ready-to-deliver/
example four: raw materials security. innovation and access to necessary raw materials goes hand in hand. there will not be any innovative europe if we depend on autocratic regimes to produce our innovation. to be secure, europe must ensure access to the most important raw materials for technologies of the future. we have to stop being dependent on russian gas, yes, but now we should not become depending on chinese lithium.
https://www.euronews.com/business/2024/03/12/heres-why-europe-needs-to-revive-its-mining-sector
https://www.euractiv.com/section/energy-environment/news/commission-must-act-on-critical-raw-materials-strategy-say-meps/
https://www.reuters.com/markets/commodities/european-firms-banks-must-boost-investment-critical-minerals-official-says-2024-04-22/
good thing we're already backed by a bank... at more than double the current price - and by the main force pushing the cmra and it's 17 strategic projects for raw meterials saying lithium mines are no regret investments.
with all the above, it's understandable why the dfs has been delayed - europe as looking to set the standard for fair and clean mining - and all metals produced will have to come with a carbon passport - are carbonate and hydroxide is exceptionally and plans to be powered cezs green energy from cez.
the just transition fund is all about phasing away from coal. the czech republic is a one of a few coal+ regions on europe. we're soon going to recieved a 49mil grant, and hardly anyone seems researched enough to know it.
she's going to boom soon, nows the time for people aware of emh to start catching up on research.
https://www.euractiv.com/section/energy-environment/video/exclusive-interview-with-maros-sefcovic-about-made-in-europe-electric-vehicles-and-the-competition-with-china/
significant interview worth watching about the cmra and what it means for evs and mining.
https://x.com/czechlithium/status/1750112472483135495?t=qe***a3b0tla_viwaan59a&s=08 from this guy - the fuse is lit for emh
have a good day all
If say its very strange but it's not - the bashers on this board have a clear agenda to spread fear doubt and uncertainy
I remember checking in over 6 months ago and it being the same names same things - no wonder the exasabated fall from the 30s since December alone.
I keep trying to post factual information about what's happening now - and best attempts are made to cover it up and keep the convo full of unattractive nonsense
The truth is, these only a few days left until the April announcements. The CMRA comes into full force in May - we're due a Grant larger than the mcap in mcap! For those watching. We're be in the 40s again by the end of May. When Offtake does land, it will be when everyone u researched least expects it.
Listen to the interview I shared from macos, the CMRA is a game-changer - and Cinovec is the largest lithium deposit in Europe with potiencially the lowest cardon emissions while fully powered with green energy from CEZ.
News is going to move the SP - and we have potiencially 3 in may, 1 any day now - and 5 over Q2
What happens when a company worth 40mil with 5 mil cash recieves 42million non dilutive grant... The current price is a gift and will gone soon
Interesting to see Znwd rising
https://www.lse.co.uk/rns/just-transition-fund-approves-cinovec-project-hvgte7a76r3slkw.html
Leading into the CMRA starting next week strategic projects will start to be announced - ZWND is still well over a year to any type of FID but when that time comes EMHs plant will being built, is planning to upgrade to 60,000 tonnes per annum - enough space to process both, they have upgrades due this week
Big month for them expecting a grant larger than the mcap - once back above the banks price in june il slice and add a little more here
Tick tock - News any day now followed by more for anyone doing there research
Https://youtu.be/Lre-QtKXIhc?si=ebuF00r_j1PZ-vQR
"Here I'm telling every Gigafactory promoter, every lithium-mine promoter - these are no regret projects - everything you produce will be used - because it will not be enough for what are the projected productions - we just need to help these businesses and project promoters to succeed." Macos Sevcovic from 22:11
Reminder - it's this guy and he's the main face pushing the CMRA https://twitter.com/CzechLithium/status/1750112472483135495?t=LXzpQMCFiAOPBhfqwCAMwA&s=19
https://x.com/MarosSefcovic/status/1780687644663685580?t=7GFuDDf8RPcbRlCGN8XSfg&s=08
Geomet and DRA Global were reviewing the findings, with an announcement expected before the end of April outlining significant improvements and developments.
Before hand, €49million grant in may. https://youtu.be/3Tl6Q4-5EOo?si=YW91Dtx6qAlOvPuU 3.33
She's gonna boom soon, not only on the grant - nows the time to catch up on your research.
EMH is Largest lithium deposit in Europe - the 5 largest non brine in the world, also a globally significant tin resource.
Offtake comes to fruition with DFS
Strangest BB lol, they haven't been right once since I been here - have a good day all
Https://youtu.be/Lre-QtKXIhc?si=ebuF00r_j1PZ-vQR
"Here I'm telling every of Gigafactory promoter, every lithium-mine promoter - these are no regret projects - everything you produce will be used - because it will not be enough for what are the projected productions - we just need to help these businesses and project promoters to succeed." Macos Sevcovic from 22:11
Reminder - it's this guy and he's the main face pushing the CMRA https://twitter.com/CzechLithium/status/1750112472483135495?t=LXzpQMCFiAOPBhfqwCAMwA&s=19
https://x.com/MarosSefcovic/status/1780687644663685580?t=7GFuDDf8RPcbRlCGN8XSfg&s=08
Sounds like the CMRAs plan in regards to mining is to set the standards for clean mining globally - with strategic mining projects using different tech and rules, to give all material produced carbon passports and credits - trying to create a premium market for metals than can prove cleanest and efficacy - while creating new tax laws on imports from China or others that can't prove the same. Just Transition Fund and other funding mechanisms mentioned but overall it's give permits much quicker, help assist with funding in a variety of ways, help create offtake agreements and put metals from Europe into European cars and other tech. Starting from early May. Then we think about the ckeanest of Cinovecs hydroxide and carbonate results results. Stretegic status would be a major green light - we fit all the criteria.
Geomet and DRA Global were reviewing the findings, with an announcement expected before the end of April outlining significant improvements and developments. Before hand, grant in may. https://youtu.be/3Tl6Q4-5EOo?si=YW91Dtx6qAlOvPuU 3.33 it's more than the current mcap...
Feels like perfect storm and timing from here - everything is on our side to succeed and not long to find out.