Member Info for Wiseinvestor23

*Succeed and the SP is still circa half price the European bank construction and development €6million investment at 42.3

Good to see 10% on the ASX at time of writing.

Have a good day all - countdown to key news

CEZ - from 5 and 8 days ago

https://www.linkedin.com/posts/pavel-cyrani-0010247_prun%C3%A9%C5%99ov-ugcPost-7196921822452338688-4HOy?utm_source=share&utm_medium=member_android

https://www.linkedin.com/posts/cez_%C3%BAsteck%C3%BD-kraj-activity-7199420683360116736-Niqm?utm_source=share&utm_medium=member_android

Innovative lithium projects - they can only be speaking about Cinovec and the Gigafactory

Both posts reiterating the phase away from coal

https://www.linkedin.com/posts/european-metals_petr-fiala-on-x-activity-7103677595589705730-uHz8?utm_source=share&utm_medium=member_android

Lithium is 1 of the governments 6 pillars to help regrow the Czech Economy set 8 months ago. Since VW has been replaced with the new 7.9bn bidder and EMH/CEZ now have a site big enough for a Gigafactory also - with a plan to transion the coal jobs to clean jobs.

Czechia will host a EUR 7.9bn electric vehicle (EV) battery in Karvina, east Czechia, funded by a foreign investor, the Czech government announced on Thursday, 7 March.

“The gigafactory project is one of the strategic priorities of the government, 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 the Czech Republic,” said Fiala said at a press conference on Wednesday

News in regards to the Gigafactory can come at anytime now - of June the 7th it would have been 3 months since the bid was recieved.

In the most recent interview, keith mentioned a new DFS completion date will be given to market in a couple of weeks to a month ( recorder over 2 weeks ago ) - its being finalised and we know is majority complete - we've also moved to well known, operating and permitted site.

Keith also mentioned in the interview milestones for the Just Transition funds Grant in May june and July - an update is also due. There's were only 11 stretegic projects in the Czech Republic given strategic project status.

Given the total amount which may be applied for by the eleven designated Strategic Projects in the Usti region in the first call is CZK 8.3B (approx €350M) and that the funds allocated in this first call from the Just Transition Fund to these Strategic Projects totals CZK7.3B (approx €300M), although there can be no certainty,  the Company is confident that Cinovec will receive a significant portion of the funds applied for from the JTF for the Project.

Accordingly, Geomet s.r.o (the Cinovec project company) will apply for JTF Grant funding for the maximum amount of CZK 1.2B (approx €49M).

Countdown to updates on the DFS, the Just Transition fund Grant and the Gigafactory - all aligned with CEZ, the prime minster and the governments plans - the CMRA started on May 23rd

It's hard to share key information without it being covered up by the persist and agenda based bashers - Dyor, the opportunity is now while everything is lined up for Cinovec/EMH/CEZ to succeed and the SP i

Https://www.linkedin.com/posts/david-tasker-03408485_following-the-confirmation-of-a-6-million-activity-7089937384460480512-_dqs?utm_source=share&utm_medium=member_android

A good interview after recieving the €6million investment from the European bank of reconstruction and developments at 42.3 - great opportunity at this stage while under that price approaching news

First call for strategic projects was last week and there should be update on the €49mil Just Transition fund Grant and the new date for DFS completion this week or next.

The country has also received a 8bn bid for a Gigafactory and EMHs new site is big enough for a Gigafactory also. News can come in relation to this anytime now.

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“The gigafactory project is one of the strategic priorities of the government, 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 the Czech Republic,” said Fiala said at a press conference on Wednesday

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

Czechia will host a EUR 7.9bn electric vehicle (EV) battery in Karvina, east Czechia, funded by a foreign investor, the Czech government announced on Thursday, 7 March.

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The first call for grant applications under the JTF opened on 14 November 2022 and closes on 31 December 2023.

Given the total amount which may be applied for by the eleven designated Strategic Projects in the Usti region in the first call is CZK 8.3B (approx €350M) and that the funds allocated in this first call from the Just Transition Fund to these Strategic Projects totals CZK7.3B (approx €300M), although there can be no certainty,  the Company is confident that Cinovec will receive a significant portion of the funds applied for from the JTF for the Project.

Accordingly, Geomet s.r.o (the Cinovec project company) will apply for JTF Grant funding for the maximum amount of CZK 1.2B (approx €49M).

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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://www.linkedin.com/posts/european-metals_petr-fiala-on-x-activity-7103677595589705730-uHz8?utm_source=share&utm_medium=member_android

https://x.com/MarosSefcovic/status/1793905804376174670?t=Gkkbc0uz3WboJX-9PbsOSg&s=19

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.

So much of the above sounds it happening and that we be updated over June and beyond but is not priced in - Opportunity while still under the European Bank of reconstruction and developments42.3 investment price - having the support of Major state power company 70% government owned in CEZ is invaluable - the EBRD being partner will be also be when it comes to FID after DFS - while the CMRA comes into effect.

Cinovec is front runner to be one the CMRAs strategic lithium mining projects being the biggest, projected phase 2 to would be to produce the most, also refining and already proven to be extremely clean, now locally accepted and alongside the Gigafactory at the current will replace close to 10,000 jobs and support the 200,000 from the Czech automobile industry - on a triboarder to support Germany and Poland - we know both are of strategic priory to the Czech Republic.

The CMRA means Europe is obligated by 2025 to secure a certain percentage of the lithium critical raw materials from the EU and that all automobile makers will need show the sourced at least a certain portion within the EU by 2030. There will need to be more the 1 for strategic mining project for Lithium.

It feels like when not if on multiple fronts - imho the current price is a great opportunity while under the banks price approaching the above new term news. Enjoy the rest of the weekend all.

The Just Transition Fund grant

The total amount allocated by the Just Transition fund for the Czech Republic is CZK 41B (€1.64B) of which the Usti region has been allocated CZK 15.8B (approx. €632M).

 

The first call for grant applications under the JTF opened on 14 November 2022 and closes on 31 December 2023.

Given the total amount which may be applied for by the eleven designated Strategic Projects in the Usti region in the first call is CZK 8.3B (approx €350M) and that the funds allocated in this first call from the Just Transition Fund to these Strategic Projects totals CZK7.3B (approx €300M), although there can be no certainty,  the Company is confident that Cinovec will receive a significant portion of the funds applied for from the JTF for the Project.

Accordingly, Geomet s.r.o (the Cinovec project company) will apply for JTF Grant funding for the maximum amount of CZK 1.2B (approx €49M).

Theres €300million just for the 11 strategic projects - there's no reason not to believe Cinovec will recieve a large portion supporting the transion from coal job to clean jobs as the tailings rehabilitate the demomisionwd coals sites. Especially relitive to today's circa £50mil mcap.

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.

To be a strategic under the Just Transition is a big deal - there may also be a update on application for Strategic Project status under the CRMA which started last week.

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DFS - The PFS was based on circa 13% of the total resource and no inclusion of the Tin - full DFS alluded would have a phase 2 production of 50,000 - 60,000 TPA which will have a huge impact on the projected NPV.

. Annual production of battery grade lithium hydroxide monohydrate modelled to increase from 25,267 tpa to 29,386 tpa, an increase of 16%.

· NPV8 (post tax) increases from US$1.108B to US$1.938B, an increase of 74.9%, based upon a lithiumhydroxide price of USD17,000 per tonne.

· Post tax IRR of 36.3% and a payback period of 2.5 years from the commencement of production.

· Up-front capital cost due to backfilling plant and additional capital costs to produce 29,386 tpa lithium hydroxide increased to US$644m.

· This 2022 PFS Update assumes the life of mine extraction of 13.1% of the Measured and Indicated JORC Resources at Cinovec.

· Use of tailings for backfill will result in a far smaller environmental impact, further enhancing the Project's already strong ESG credentials.

Hi all, hope everyone's well

Exciting weeks and months ahead entering June. Keith mentioned an updated timeline to the DFS will be given a few weeks to a month from the recording date of the most recent interview ( recorded circa 2 weeks ago). It's been stated the new site will help expidite the permitting process as it's shared with currently operating CEZ coal plant - the DFS has been being finalised for nearly 5 weeks and we know the largest majority is complete ( Both SAV and ZNWDs DFS not due until the end the year and both also set up for big 2024s and beyond as the CMRA takes effect ) The Just Transition fund Grant was mentioned for May/Q2 with steps in may june and the Final in July mentioned in the recent interview. I'd expect news on the above over this week or next. The new site is large enough to have a Gigafactory - while we await news on the 8bn gigafactory bid placed in March. News in relation would be huge and also feels impending.

“The gigafactory project is one of the strategic priorities of the government, 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 the Czech Republic,” said Fiala said at a press conference on Wednesday

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

Czechia will host a EUR 7.9bn electric vehicle (EV) battery in Karvina, east Czechia, funded by a foreign investor, the Czech government announced on Thursday, 7 March.

Czech Prime Minister Petr Fiala said Wednesday that the project should improve the country’s employment figures, energy security and competitiveness, adding that the deal precludes him from disclosing the name of the company.

Czech Industry and Trade Minister Jozef Sikela said the company is large and from a democratic country with which Czechia has long held good relations.

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

The Gigafactory Europe event is on the 4-5 of June - considering the the prime minsters comments / plans and the site being big enough for Gigafactory - we're well positioned - and update should can come anytime now on who the bidder is.

Https://x.com/alkemycapital/status/1793545709775704236?s=46&t=zHpebc_fJszKrqf4DNSssg

Good article showing all the potiecials for strategic status under the CRMA

https://www.linkedin.com/pulse/clean-energy-most-important-critical-minerals-iryna-dgvcf?utm_source=share&utm_medium=member_android&utm_campaign=share_via

Definitely the pick of the bunch for EU. Serbia Jadar not happing, Savannah's Portugal project got too much opposition and baggage and Cinovec not 100% owned by EMH, deeper and nature constraints potentially although I am not following the latest developments on that on.

Refrence this - EMH is actually finalising DFS now where as ZNWD is the end of the year like SAVs - EMH now has full local acceptance and plan to transion the coal jobs to clean jobs, a site big enough for a Gigafactory and just transition Fund Grant worth 49million euros due in Q2 and under the 42.3 price the European bank of reconstruction and development invested €6million euros (still hold all of it).

Both are gonna have big years ahead but I'm slightly heavier in the bigger futher advanced one

Https://www.mining.com/zinnwald-lithium-project-in-germany-now-eu-2nd-largest/

Critical raw materials act starts today - holding both of the above

Interesting to see Znwd now with the same as EMH while DFS isn't expected till year end and ours being "finalised" as per site change RNS. Alsp with a smaller resource looking to produce less.

I'm holding ZNWD but surprised to see it pushing when EMH is the one with grant coming shortly and still discounted to the EBRDs investment price - alot of stocks connected to the CMRA have been doing well.

Keith said the 49mil grant has been pre approved and there should be updated in may, June and July. Also that in 2-3 weeks the will be on DFS completion date. Would expect a few updates as we close may in june

As always he trolls continues to try spread agenda based FUD

When is Znwds DFS due?

Znwd - EMH and SAV all doing well

The CMRA starts on Thursday and is a game-changer for European mining

SAV DFS not due till end of the year but now on better terms with the locals and find ways to mine with ditubing the heritage land

EMHs new site is big enough to increase production and have a Gigafactory on it also - DFS being finalised now and the recent interview suggesting offtake details will land before DFS is complete - they have the 49million just transition Funds Grant due also

Obvious synagies with Znwd - with Europe automobile makers needed to prove certain percentages of the Critical raw minerals came from Europe and both the Czech Republic and Germany have significant % of the GDPs come from the automobile industry

European minerals in European baterys in European cars

Holding all long, soon enough the lithium sentiment will be back as prices increase with the US and CMRA taxing other dirty sources at the boarders.

https://www.euronews.com/green/2024/05/09/critical-raw-materials-lithium

https://www.linkedin.com/pulse/clean-energy-most-important-critical-minerals-iryna-dgvcf?utm_source=share&utm_medium=member_android&utm_campaign=share_via

#EMH new interview https://youtu.be/t1bXWezy2cI?si=Y11ekZrLA6Er0cYw

The new site has enough space to have a Gigafactory on it aswell 😉 there were 5 bidders in November with 2 advanced - and the 8bn bid came in March over 9 weeks ago. News can come on this anytime

New site allows for increase in production

Offtake details are expected Before DFS - and binding offtake to come with a pre payment contributions towards FID

€49million JTF grant updates over May june and final in July - priced like most are completly unaware

https://opst.cz/about-the-programme/

Theres only 11 strategic projects the moneys going too

DFS updated completion date in the next 2 - 3 weeks - the interview was recorded nearly 2 weeks ago

EBRD who hold €6million at 42.3 aligned to support final investment decision and mentions of French bank and European investment bank

CMRA starts on May 23rd, Thursday

Really happy with the interview, it shows what a sleeping giant EMH is, that nothing ls priced in as we countdown to company making catalysts over the coming weeks / months.

Only the impatient or uninformed would sell under the banks price approaching a new rich period.

https://www.linkedin.com/pulse/clean-energy-most-important-critical-minerals-iryna-dgvcf?utm_source=share&utm_medium=member_android&utm_campaign=share_via

As of today, there are several potential lithium exploration projects, which could be able to contribute Europe’s sufficiency in this metal. At the same time, many projects (e.g. Barroso in Portugal) are facing challenges due to environmental concerns. One of the most promising projects is located in Czech Republic.

The new site has enough space to have a Gigafactory on it aswell

Allows for increase in production

Offtake details are expected before DFS - sounds like it will be connected to the Gigafactory ( the country's had a 8bn gigafactory bid since March after 2 parties were advanced in November ) with a pre payment contributionsl towards FID

€49million JTF grant updates over May june and final in July

DFS updated completion date in the next 2 - 3 weeks

EBRD who hold €6million at 42.3 aligned to support final investment decision and mentions of French bank and European investment bank

CMRA starts on May 23rd

Really happy with the interview, sleeping giant with lots of value approaching news over the coming weeks / months and still under European banks investment price

The largest lithium deposit in Europe. The site being big enough to have a gigafactory in it also couldn't be better for us. Countdown to news

Morning - amazing interview so far, I'm half way in before the school run starts

The new site is big enough for a Gigafactory to be on it also — the new site is about increasing production

JTF update and nearterm deadlines - one at then of May, End of June and the Final at the End of July

First offtake partner announcment prior to the release of the DFS

Working also with a French bank

Il listen more when I get back but for it all sounds on, especially with the CMRA and nothings priced in

Reiterated support from the EBRD, the European investment bank, a French back and Australian associates for FID after DFS

Offtake to have pre payment contribution to FID

Excellent Interview - sleeping giants waking up soon

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

Iv been looking into who it could be - and it actually could be Tesla

https://www.autocar.co.uk/car-news/new-cars/uk-tesla-gigafactory#:~:text=The%20UK%20could%20still%20get,towards%20the%20end%20of%202023%E2%80%9D.

Another worry for Tesla may also still be Brexit. As it stands, the automotive industry remains concerned about new 'rules of origin' tariffs coming in from 1 January 2024 on UK-EU car makers who cannot source most of their EV battery materials from within Europe.

When all this could happen is unknown, but given Musk’s comments earlier this year, one could presume an announcement is imminent.

The UK could still get a Tesla gigafactory after CEO Elon Musk revealed that the company would be picking a location for a new European plant “towards the end of 2023

Tesla's new European Gigafactory site not announced while the Czech Government was advanced with 2 of the 5 parties in November and recieved the 8bn bid in March - Cinovec can help with securing raw materials within the EU for the 2 German factories - They also have a Czech Telsa Centre a 1hr3m drive from our new site and a 23minute drive from Dukla.

How expensive is a Gigafactory to build? Tesla's Gigafactory planned in Mexico would cost $10 billion, making it the most expensive Gigafactory yet. For comparison, the Berlin Gigafactory — the second most expensive facility — cost around $5.5 billion, according to Reuter

8bn is a massive number - not many Gigafactorys have costed That much - the 2 most expensive in the world so far have been 5.6bn and 9.6bn both Telsa.

https://www.businessinsider.com/tesla-gigafactory

https://youtu.be/b4zUWc3YCG4?si=V2hAHPKA-gn--YZo

Huge protests happening since March at the from Cinovec - we now have local acceptance with a plan in place for coal jobs to swap to clean jobs in the country.

8bn gigafactory bid from a currently unknown investor. It's Possible but not Necessary. Cinovecs involvement in any Czech Gigafactory is a big deal. Between Cinovec and a Gigafactory factory in would replace 10,000s of jobs that would otherwise be lost in the phase out from coal.

The Czech government is doing everything possible to launch lithium mining in the Krušné hory (Ore Mountains), PM Petr Fiala said during the cabinet's visit to the Ústí nad Labem Region on Wednesday. Fiala added that cooperation between the investor and the regional government was essential.

Fiala sees the mining of lithium, which is used to produce car batteries, as a strategic raw material and essential for the restart of Czechia. According to Industry and Trade Minister Jozef Síkela, negotiations with three investors to build a car battery factory in the Czech Republic are at an advanced stage.

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

All the ducks are currently lined up for EMH to s

The Czech government is doing everything possible to launch lithium mining in the Krušné hory (Ore Mountains), PM Petr Fiala said during the cabinet's visit to the Ústí nad Labem Region on Wednesday. Fiala added that cooperation between the investor and the regional government was essential.

Fiala sees the mining of lithium, which is used to produce car batteries, as a strategic raw material and essential for the restart of Czechia. According to Industry and Trade Minister Jozef Síkela, negotiations with three investors to build a car battery factory in the Czech Republic are at an advanced stage.

This was from November before the 8bn big in March - coincidentally the exact same time Telsas Berlin protests broke out

Telsa were due to announce the location of the new additional European Gigafactory at the end of the 2023 and are still yet to do so.

Cinovecs involvement in any 8bn Czech Gigafactory is huge - futher details can come at anytime

The recording of the Raw materials summit from earlier today

https://www.youtube.com/live/KAlSj_xOBnI?si=2BJbcJ6Mk8IeubKF

https://twitter.com/MarosSefcovic/status/1790714700814041475?t=RvIGDrYMV4fDHbGv1SwCSw&s=19

Critical raw materials act starts on May 23rd

https://www.euronews.com/green/2024/05/09/critical-raw-materials-lithium

https://www.linkedin.com/posts/european-investment-bank_eibventuredebt-bluechampions-venturedebt-activity-7196076871883583493-xdKy?utm_source=share&utm_medium=member_android

It won't let me send the file but if you search - (CMRA opportunity - challenged viability and next steps) for lithium mining they only have 5 assets on the map - Cinovec is one - and 10 for processing were Cinovec is also included - the only one that covers both.

Research is king while still under the European Bank 42.3 price and with the Just Transition funds grant on the way - especially when all useful info shared gets intentionally covered up

I personally feel so peaceful with my investment here going forward knowing the Asset Cinovec Is what we're invested in knowing the fuse is lit on multiple big catalysts that only get closer everyday - listen to the Raw materials summit from today - EU World class standard mining is coming - the US has moved incredibly fast since the IRA and CMRA is the EU's equivalent. You can move gigafactorys but you can't move mineral deposits - and Cinovec is by far the largest lithium deposit in Europe looking to produce Major numbers - especially compared to the current cap. Grant, offtake and DFS completetion can all rerate the share price and then Cinovec is at FID. Full local acceptance was a subtle but major green light.

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.

All ducks are lined up for EMH to succeed - I shared lots of details yesterday about who the 8bn gigafactory bid could be from

Night all - Atb

Https://www.linkedin.com/feed/update/urn:li:activity:7196455647473762306?updateEntityUrn=urn%3Ali%3Afs_feedUpdate%3A%28V2%2Curn%3Ali%3Aactivity%3A7196455647473762306%29