Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Https://www.linkedin.com/posts/pawelswieboda_cobalt-graphite-lithium-activity-7192778281836793857-veCd?utm_source=share&utm_medium=member_android
The CMRA is a game-changer for Cinovec - powered by CEZs green energy its plans to be less cardon intensive than brines - its a real things that its the 5th largest non brine in the World and the largest in Europe by far
For me - the previous delays in DFS are the opportunity now - the So was in the 30s in December but now on the door step of alot more with ehe DFS being finalised now the main hurdle of local acceptance has been crossed
Half the banks price, this means alot to me when looking at the opportunity. With plenty of cash, its just a countdown from here.
https://www.expats.cz/czech-news/article/czech-government-mulls-lithium-mining-in-usti-region
https://www.euractiv.com/section/politics/news/czech-government-reveals-plans-for-new-gigafactory-investor-name-withheld/
Local acceptance was as one fuse lighting moment. Feels like alot of people are sleeping on EMH for now but each piece of news will follow into the next
A real old article but good for context when you look at where we are Today.
https://nextinvestors.com/company/asx-emh/
Our Big Bet for EMHBig Bet Tooltip
EMH significantly re-rates to $1BN+ market cap on reaching a successful Final Investment Decision for its hard rock lithium project strategically located in the heart of Europe.
Leon, you repeat that same thing all gbe time on purpose to try be confusing.
https://ec.europa.eu/regional_policy/whats-new/newsroom/30-04-2024-9th-jtp-conference-reflects-on-the-progress-social-dimension-and-future-of-just-transition_en
Some new info on the Just Transition fund
And come on the CRMA
https://www.globaldata.com/newsletter/details/eu-grants-final-approval-to-critical-raw-minerals-act_660377/
https://www.linkedin.com/posts/international-lithium-association-ilia_carbonfootprint-lithium-innovation-activity-7173619144280457217-MMru?utm_source=share&utm_medium=member_android
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I keep thinking what huge derisking factor it is to now have local support for the project - it was obviously a major cause for delays in the DFS that are now resolved. Resolved in a way that supports the economy, job creation as coal is phased away from supports EMM/CEZ to recieve it.
Local support, the CMRA, DFS being finalised and we still get to buy and half the price the bank paid.. while the mcap is equal to the grant..
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.
Sounds like its happening but not priced in.
Just a countdown from here to all the above - local acceptance is a huge hindrance for so many projects in Europe
https://www.theguardian.com/technology/2024/feb/21/german-town-votes-against-tesla-plans-to-expand-gigafactory-carmake-industrial-action-sweden
https://www.linkedin.com/posts/europeumprague_latest-news-policy-paper-from-sofia-activity-7183417936806596608-MO2s?utm_source=share&utm_medium=member_android
Hope everyone's well and enjoying the long weekend, we have a good rest of spring and summer ahead. 40s - 50s on grant - 80s+ on Offtake
I wanna here more about the 8bn gigafactory, it's been 2 months now since the unnamed investor put in there bid
Sikela also revealed in November that Czechia is in discussion with five other potential EV plant investors “from other continents”. Fiala said, “the gigafactory project is a strategic government priority, and it is in our interest to have the entire chain from lithium mining through the gigafactory, i.e. battery production, to the final products in Czechia.
Czechia's vast lithium deposits could recharge the economy, says PM. Prime Minister Petr Fiala deemed the metal essential for the economic restart of Czechia, which holds the largest lithium deposits in Europe.
Czech Prime Minister Petr Fiala said his government is looking to facilitate lithium mining as it is a strategic raw material for the recovery of the Czech economy. The Cínovec area, located 100km northwest of Prague, holds the largest lithium deposit in Europe. Geomet, a Czech company that is part of the energy giant ČEZ, is running the deep mining operation, which is expected to start between 2026 and 2028.
Sikela also revealed in November that Czechia is in discussion with five other potential EV plant investors “from other continents”. Fiala said, “the gigafactory project is a strategic government priority, and it is in our interest to have the entire chain from lithium mining through the gigafactory, i.e. battery production, to the final products in Czechia.
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This makes Cinovec the largest hard rock lithium deposit in Europe, the fifth largest non-brine deposit in the world and a globally significant tin resource.
I'm starting research on IES after there investment from the UK infrastructure bank this week as something I can hold long also - it's only relatively recently we've started to see banks buying millions worth of shares in projects and there smarter than any basher on a BB. The European bank of reconstruction and development buying $6 million or EMH shares at 42.3 and still holding assures me I'm buying in bargain territory - they will be a valuable partner for FID after DFS.
Lots of key catalysts only get closer - DFS being Finalised and offtake expected to come alongside it. Research now is valuable approaching newflow
Have a lovely day and weekend all
Https://twitter.com/MarosSefcovic/status/1780687644663685580?t=N1MH1DPIXaHaNJnHz9GQvA&s=19
https://www.miningmagazine.com/europe/news-analysis/4187159/eu-council-adopts-raw-materials-act-targets-ambitious
It's the worse when it's just straight lies to add confusion. Local support was a major hurdle to cross, now there nothing stopping Cinovec coincidencing with the CMRA - I feel assured about my investment here knowing I'm buying at half of the price of the European bank of reconstruction and development - accumulating down here before the green lights
All the best - dyor
Mindless negativey as always - nothing in a straight line, can loose some weak hands and I plan to buy more next week
https://www.cnn.com/2024/04/30/business/volkswagen-evs-orders-surge-europe/index.html
Geomet will now proceed to finalise the DFS process taking into account the new site, including the revised capex from the new site.
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.
Half the banks price while most unaware how close the grant is - others will be buying after it at double the price for DFS Offtake that follows
Still accumulating and holding before the near term lights while others speculate
Ps - you guys would do better on the Cornish metals group of the Znwd Bb who are both actually still a long way away from DFS or production
Https://www.womblebonddickinson.com/us/insights/articles-and-briefings/accelerating-eu-mineral-permitting-critical-raw-materials-act
CMRA article from yesterday.
Permitting and the European Critical Raw Materials Act
The European Union's Critical Raw Materials Act (CRMA) has now been formally adopted and will shortly enter into force. This is a significant development for the Project in several ways. The CRMA will legislate for shorter and simplified permitting processes for European critical raw materials extraction projects.
In addition, the CRMA will provide the framework for the designation by the European Commission and Member States of projects deemed "Strategic Projects". Such designated projects will receive political and financial support to enable the projects to reach production in the shortest timeframes possible, contributing to the fulfilment of the green transition and affording the European Union a degree of critical raw materials independence.
As Europe's largest hard-rock lithium mining and processing project, the Cinovec Project is applying for and is expected to receive Strategic Project designation under the CRMA. The Project has already been granted Strategic Process status under the EU's Just Transition Fund.
Have a good day
70% government owned CEZ*
49mil million current valuation*
Hi all, hope everyone's well
For me, in the last 2 RNSs we had confirmation the company has cash for at least 12 the next months - Final investment decision comes after DFS) which is being Finalised... And the big one is we have local and regional government support - this is massive for EMH
The Grant only gets closer - aswell as the CMRA announcing the strategic mining projects.
The Grant I have keith saying twice they have received it
https://youtu.be/3Tl6Q4-5EOo?si=YW91Dtx6qAlOvPuU
3.33
https://youtu.be/QeLlbp1vzI8?si=CBcLhkYE9bJvGHP7
4.56
Czech Republic is coal+ region. It's EMH but it's 79% gov CEZ recieving a non dilutive cash grant to help support there phase away from coal into clean jobs - and building a major mine that will support the country and government building the economy.
And strategic Status - Cinovec is the largest lithium deposit in Europe - throw the 8bn gigafactory into the mix..
Strong buy hold while equal value to the Grant and half the banks price and no signs of red lights coming before all the greens over May June and then beyond.
Sikela also revealed in November that Czechia is in discussion with five other potential EV plant investors “from other continents”. Fiala said, “the gigafactory project is a strategic government priority, and it is in our interest to have the entire chain from lithium mining through the gigafactory, i.e. battery production, to the final products in Czechia.”
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.
The European investment bank is smarter and more successful the bashers who waste there time - there better of just buying and pointing t out the dots - I'm investing in Cinovec when it worth 40 mil with a low risk path to producing 100s of million a year profit in 2026 from 30,000 tpa and hearing more about the increase to 60,000. Buy hold sit back imho
Night
Asx 24.5 atm
Nice bashing from an obvious non holder - did you even read what's shared before writing nonsense
https://single-market-economy.ec.europa.eu/news/executive-vice-president-sefcovic-hosts-high-level-roundtable-strategic-raw-materials-projects-2023-1
As Europe's largest hard-rock lithium mining and processing project, the Cinovec project is applying for and is expected to receive strategic project designation under the CRMA.
The project has already been granted strategic process status under the EU's Just Transition Fund
It's may, it's CMRA time and I can see alot of companies that can benifit starting to do well last week and into this one - after the 49million grant I hope all these useless bashers finally stop. They haven't been right once since bounced off the bottom. Theres a bigger picture playing out and EMH is bouncing off being price to fail when clearly isn't. Region and local government support was a huge hurdle we've now crossed
Have a good day all
https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/the-battery-cell-component-opportunity-in-europe-and-north-america?s=09
Looking good - bouncing off a near 5 year and approaching the green lights - we were in the 30s before the Dec delay in the DFS
We now have full local support which is huge - CEZ and the Czech Government are aligned with bringing the project online
In addition, the CRMA will provide the framework for the designation by the European Commission and member States of projects deemed "strategic projects". Such designated projects will receive political and financial support to enable the projects to reach production in the shortest timeframes possible, contributing to the fulfilment of the green transition and affording the EU a degree of critical raw materials independence.
As Europe's largest hard-rock lithium mining and processing project, the Cinovec project is applying for and is expected to receive strategic project designation under the CRMA.
The project has already been granted strategic process status under the EU's Just Transition Fund
https://twitter.com/CzechLithium/status/1750112472483135495?t=FQ06IyNdDTszjSfRYaDSKw&s=19
https://twitter.com/MarosSefcovic/status/1780687644663685580?t=pjiy1ezdLKvsw7neOnwHDA&s=19
The CMRA starts in May and will be announcing circa 20 strategic raw mining projects
And the 49million grant is due in May/Q2
DFS is being Finalised and Offtake is expected to come to fruition alongside it
While the Czech government has a 8bn Gigafactory factory offer currently under negotiations.
The European bank of reconstruction and development bought $6million at 42.3 and are still holding all of it...
It's still early, buy and hold for all the above over the coming months - nothing in a straight line I'm calling 80+ on Offtake and ATHs on FID. The CMRA is all about getting on with it now and not talking about it
50 aud paid on the ASX - 26 equivalent and currently a 23+equivalent - the trend continues up as we approach the next pieces of near term Newsflow.
https://single-market-economy.ec.europa.eu/news/executive-vice-president-sefcovic-hosts-high-level-roundtable-strategic-raw-materials-projects-2023-12-08_en?s=09
The CRMA has been formally adopted and will shortly enter into force. The act will legislate for shorter and simplified permitting processes for European critical raw materials extraction projects.
In addition, the CRMA will provide the framework for the designation by the European Commission and member States of projects deemed "strategic projects". Such designated projects will receive political and financial support to enable the projects to reach production in the shortest timeframes possible, contributing to the fulfilment of the green transition and affording the EU a degree of critical raw materials independence.
As Europe's largest hard-rock lithium mining and processing project, the Cinovec project is applying for and is expected to receive strategic project designation under the CRMA.
The project has already been granted strategic process status under the EU's Just Transition Fund
https://twitter.com/CzechLithium/status/1750112472483135495?t=FQ06IyNdDTszjSfRYaDSKw&s=19 spoken to above - MarosSefcovic at Cinovec in Jan.
Listen is opinion on lithium projects at 22.11 https://youtu.be/Lre-QtKXIhc?si=uUIzarzPFF1p1GeN
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."
https://twitter.com/MarosSefcovic/status/1780687644663685580?t=pjiy1ezdLKvsw7neOnwHDA&s=19
https://www.euractiv.com/section/energy-environment/opinion/raw-materials-mining-in-europe-responsible-necessary-and-ready-to-deliver/
Strategic status under the CMRA would be another short major green light would be - alongside the 49mil grant, still equal value to the mcap.
Have a good day all
European Metals Holdings (LON: EMH) says the latest metallurgical testing on the 49%-owned Cinovec lithium-tin deposit produced an exceptionally clean lithium hydroxide product. This was using average grade material. WH Ireland believes that fair value is 184p/share, and this will be updated after the feasibility study is published.
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."
https://twitter.com/MarosSefcovic/status/1780687644663685580?t=pjiy1ezdLKvsw7neOnwHDA&s=19
The Green Lights
Strategic status under the CMRA
https://twitter.com/CzechLithium/status/1750112472483135495?t=FQ06IyNdDTszjSfRYaDSKw&s=19 spoken to above
Receival of the Grant
All of this is great timing for EMH while likely to receive a €49million grant from the Just Transition fund in May/Q2. It's more than there whole mcap currently.
https://youtu.be/UPTqsrmTfAE?si=T9uR6whbsx5S9v4O
It's a fund designed specially to help the EU reduce dependency on coal - focused on coal+ regions of which the Czech Republic is one still getting 35%+ energy from coal in 2023. CEZ owns the majority of in country coal power has a phasing down program - today's RNS further spoke to the lithium being welcomed as they plan to transion the coal jobs from the region into clean jobs. EMHs tailings planned to be used to rehabilitate the coal deposits once phased out. All good for the likelyhood of them recieving it which would be a major catalyst to the SP but more so huge green light for the Project.
Gigafactory involvement
https://centraleuropeantimes.com/2024/03/mystery-ev-firm-to-build-eur-8bn-plant-in-czechia/
To read that and think of last week's news
DFS / Offtake
DFS being finalised - offtake expected to come to fruition alongside it. All the above are near term major Catalysts.
Will personally continue to accumulate while half the banks price and equal value to the Grant before the rest of the Q2 Newsflow.
Last week's News
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 - last reported opex was $5567
· 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. This is Big for Cinovec.
· 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. All of Cinovecs lock in cycles and flow sheets on both the carbonate and hydroxide were excellent.
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.
The 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.
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?