London South East | The UK's favourite investor portal.

Anyone looking in, beware of the nonsense that gets posted by the basher. Rarely based on fact with full intention to cause Fear, Doubt and Uncertainty - in the company and keith.

World class projects take this long - if the grant is received it will contribute £42million non dilutive funding the the Mcap - everydalay pounced on with maximum pessimism. When it looks like at all actually about to start happening now.

--

This

https://centraleuropeantimes.com/2024/03/mystery-ev-firm-to-build-eur-8bn-plant-in-czechia/

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.”

https://www.expats.cz/czech-news/article/czech-government-mulls-lithium-mining-in-usti-region

https://www.lse.co.uk/rns/czech-pm-visits-cinovec-signs-moc-with-saxony-pm-mwkqeepvayfkxu7.html

But the bashers just think this will left in the ground for the country to never benifit from? Read the above. It take experiance to see through the noise for the clear investment case this is, I'm half in an waiting for the CRMAs annocment at the end of April for the rest. If we get the grant good luck trying to talk down the SP - or any mention of us supplying this gigafactory. ( that's currently prime minster plan....) dyor, I really like the reward vs the risk from down here and am buying to hold for the next 12 - 24 months without slicing - it either goes or it doesn't, it's priced like it wont, if it does, the SP with be 10x+ from these prices on FID. 10x would still be less than half the total capex, nothings priced in

Ghin, it's hard to know who's not just a mindless basher on here - probably a large part of the reason the SP is on the phone currently.

https://www.youtube.com/live/zcgA367Jlxk?si=LVidGtmam8KP_9dt

Circa 40 minutes in for keith - mentions signing the 17 strategic projects

https://youtu.be/SR5WUvcLdVE?si=cGrA4WRzL8pseKIS

Also in this one I believe

Cinovec would certainly be strategic for the 7bn gigafactory

https://www.expats.cz/czech-news/article/czech-government-mulls-lithium-mining-in-usti-region

Also research the 49million grant that's coming

Interviewer "Your partner on the project is CEZ, the czeck utility company, major utility company - are they aligned with what you and your company want to do with the development of this project?"

Keith "Absolutely, you know CEZ is a very big organisation, but the key people from CEZ from our perspective are very much aligned with us in terms of the timelines of bringing this project ot fruition as quickly as possible - its very positive for them, you know they still have aspirations about being involved in a gigafactory - a battery factory in the Czech Republic."

"They are very much aligned with green energy, they have been moving away from coal for many years now and have an acting winding down programme. They have many green assets themselves, wind power, solar farms ect and they have commited, to provide green energy to this project, and they would very much like the see the project move ahead as quickly as we would like to see it move ahead."

"They have been very helpful in country, they obviously have significant in country resources, and significant in country experience, which is proving to be invaluable for us, and i think more will come of that as we come to this announcement stage at the end of April"

---

"So yes it is thee largest hard rock lithium reposit in the EU, its the largest hard rock deposit in Europe but in the EU is by far the largest - and thats important for 2 main reasons, firstly long term security of supply, but secondly obviously having the largest conventional project puts alot of focus on the project from the point of the EU - so when the EU speaks about wanting to reach a certain level of lithium self sufficiency, obviously the largest project can help you get there quicker"

Https://ec.europa.eu/commission/presscorner/detail/cs/qanda_23_1662

Second, the Regulation proposes new measures to strengthen European critical raw materials capacities along the entire value chain, such as for instance a new framework to select and implement Strategic Projects, which can benefit from streamlined permitting and enabling conditions for access to finance; as well as sets out national requirements to develop exploration programmes in Europe. In addition, Member States are required to provide all critical raw materials projects with a one-stop-shop for all relevant permits. Strategic Projects can also develop in third countries, to the mutual benefit of the EU and our partners.

If we become 1 of the 17 strategic projects in circa 13 days - it's all the greens lights - the 49mil Grant is for the early stage works into decline/incline which will help production start sooner. We're expecting Hydroxide flow sheet news This week which is one of the final and last parts of the DFS.

For a reminder

Partnership/offtake - weve spoken about Partnership offtake atlength for long period of time - how confident are you this particular agreement will drop in the near future?

Its a juggle because of the macro factors but as iv always said, we do want a partnership agreement. This is not a customer sort of arrangement and the other parties want this aswell. So this is a long term partnership with exactly the right sort of people we want to be selling our product to. Other factors come into that conversation - 3rd party factors funding, EU grants and this sort of thing, but its the key factor for us now to bring it to fruition as we reach the end of the DFS and like i say its something im giving my full attention too.

Offtake comes to fruition alongside DFS which we know isn't far. The fuse is lit leading the announcement stage at the end of April.

Delays and impatient in a uncertain market are the reasons why the largest lithium deposit in Europe has a sub 30mil mcap while fully funded to FID - but we're about to get alot of certainty about the project, the grant being the most undeniable to move up the SP - Off take partner and we challenge ATHs. Things will change fast here soon, knowledge is power and current price is great investment opportunity IMHO, the coming weeks will reveal alot

Interviewer "Your partner on the project is CEZ, the czeck utility company, major utility company - are they aligned with what you and your company want to do with the development of this project?"

Keith "Absolutely, you know CEZ is a very big organisation, but the key people from CEZ from our perspective are very much aligned with us in terms of the timelines of bringing this project ot fruition as quickly as possible - its very positive for them, you know they still have aspirations about being involved in a gigafactory - a battery factory in the Czech Republic."

"They are very much aligned with green energy, they have been moving away from coal for many years now and have an acting winding down programme. They have many green assets themselves, wind power, solar farms ect and they have commited, to provide green energy to this project, and they would very much like the see the project move ahead as quickly as we would like to see it move ahead."

"They have been very helpful in country, they obviously have significant in country resources, and significant in country experience, which is proving to be invaluable for us, and i think more will come of that as we come to this announcement stage at the end of April"

---

"So yes it is thee largest hard rock lithium reposit in the EU, its the largest hard rock deposit in Europe but in the EU is by far the largest - and thats important for 2 main reasons, firstly long term security of supply, but secondly obviously having the largest conventional project puts alot of focus on the project from the point of the EU - so when the EU speaks about wanting to reach a certain level of lithium self sufficiency, obviously the largest project can help you get there quicker"

Real, needed project farb undervalued on asset Base alone - fully funded to FID

https://www.expats.cz/czech-news/article/czech-government-mulls-lithium-mining-in-usti-region

Skelly, your eat your foot very shortly if you actually believe anything you type. We're priced to fail, very soon it's going to be undeniable we're coming only - the grant will rerate the Sp, followed by offtake. The CMA if give us strategic status like the JTF in 13 days , it's a major catalyst

Https://www.youtube.com/live/zcgA367Jlxk?si=y0cYngPoHUCMgyLg

Keith around 40mins in

Key take aways;

News next week on hydroxide ( one of the final pieces left towards completing the DFS)

April announcements ( key info; Geomet and DRA Global were reviewing the findings, with an announcement expected before the end of April outlining significant improvements and developments. - Keith also mentioned in the interview last week that CEZs support has been invaluable and that will become evident in the annocement stage at the end of April. ( https://youtu.be/SR5WUvcLdVE?si=-5oJpEA9klU55ROF this one) I feel like there will be an announcement in relation to Cinovec to the CMA, possibly in linked to the 15 day Keith mentioned in the above interview - likely with them also classifying Cinovec as a strategic project.)

49mil grant news in May/end of Q2 ( if successful but from previous interviews it seems in hand - bids closed on December the 31st - there's 300million specifically for helping the region Cinovec is in to transition away from COAL - And there's only 11 strategic projects that money will go to and we are one of them. A €49/£42million non dilute grant would rerate the current 27mil mcap and is a has a considerable impact to the final project Capax - also will return all sentiment )

DFS and Off take sounds like May June, July the latest - with an upgrade from circa 30,000tpa to circa 60,000 which is Huge for the EU.

Keith has mentioned in the last 4 - 5 interviews Off take will come to fruition with the DFS and it also sounds in hand with a large partner with a floor and ceiling price.

---

Dyor but i think EMH at a 27mil mcap is a huge opportunity - triple+ from here and we're still less than the price the European investment bank purchased 6million ( after 9 months of DD and were asking to invest 20million but EMH said no- and they will likely be a huge part of the final FID) Double the SP and were still less than the price before the DFS extention in December .

There's Been delays but we're already overdone and on the Cusp Now. Near thre 5 yearly low, over sold and disconnected for what the project actually is, how far advanced it is and how much support it has.

Government support https://www.lse.co.uk/rns/EMH/czech-pm-visits-cinovec-signs-moc-with-saxony-pm-mwkqeepvayfkxu7.html - backed by a major in CEZ ( 17bn mcap 70% owned by gov - the state power company ) and the European bank of construction and development. News rich April - The $49million grant could get there back there alone at the same time that DFS and offtake are landing - Off take Partner and DFS showing 30,000 and 60,000 are enough to challenge ATHs before FID. Big Q2 ahead.

AIM-traded firm said the study, being undertaken by DRA Global, had encountered significant advancements since its inception.

Engineering work and social and environmental engagement efforts had highlighted several crucial aspects that could notably enhance the lithium processing component of the study.

Geomet and DRA Global were reviewing the findings, with an announcement expected before the end of April outlining significant improvements and developments.

Importantly, despite the extended study period, European Metals anticipated that the overall timeline of the Cinovec Project would remain unaffected, with the permitting process expected to align effectively with the European Union's Critical Raw Materials Act.

The board said that legislative development would be pivotal for the project, as it would facilitate shorter and simplified permitting processes, in addition to providing political and financial support for designated 'strategic projects'.

Additionally, it sid recent advancements in the definitive feasibility study process had confirmed the viability of previously published physical and hydrometallurgical process flowsheets, ensuring high levels of lithium recovery from run-of-mine ore to battery-grade end-products.

Ongoing engineering test work programmes were aimed at further improving process outcomes, including gangue removal, recycling and regeneration of reagents, and simplification of precipitation and crystallisation processes to reduce energy and water costs.

"Whilst it is unfortunate not to be able to provide a fully completed definitive feasibility study at this stage, I am confident that the developments currently being finalised will add significantly to the project," said executive chairman Keith Coughlan.

https://www.hl.co.uk/feeds/apps/sharecast?id=34184921

New article since the RNS

---

The absolute waffle on here. EMH are funded and well supported. Il re share something

That's why in this market I'm happy to be rebuilding a position in EMH at what appears to be a bottom

17bn partner CEZ has funded them to FID ( FID circa 650million ) - with strong government and institutional support - No need to raise

https://youtu.be/SR5WUvcLdVE?si=UogRVYIC5mA-PWEN

Todays interview was assuring that its at stupid price at the moment - The european bank for reconstruction and development invested £6 million at 0.43 - currently sub 0.15

https://www.lse.co.uk/rns/EMH/ebrd-strategic-investment-in-emh-2lb5dkczzbh7j7n.html

Today's interview showed - EMH, CEZ, the Government and the EBRD are aligned and confident of offtake - likely large grants and overall the project coming into production.

2bn NPV - the largest lithum deposit in Europe.Safe, smart and good investment from here imo - should havnt dropped 55% from December just for a delay - that should all be made up now coming into a meanful newsrich period while close to a 52w low - announcements at the end of April, upgraded DFS, O

Latest Share Chat

Member Info for Wiseinvestor23

Followers

Following

Posts (Last 30 Days)

Posts (All Time)

Last Post

Member Since

Share Chat Post Distribution (Last 30 Days)

Activity Log (Last 30 Days)

Latest Share Chat

Member Info for Wiseinvestor23

Followers

Following

Posts (Last 30 Days)

Posts (All Time)

Last Post

Member Since

Share Chat Post Distribution (Last 30 Days)

Activity Log (Last 30 Days)

Please enter at least 2 characters

No results found

Search results

Recently viewed

Trending