EMH very comfortable about Future and time lines .
DFS time line known in 2 weeks to a month .
All changes to DFS are very favorable .
All new changes to DFS and site will shorten all permitting , build and production time lines .
Geomet to lease site from CEZ .
Three block rights ( cost $10 mil ) will be closed out for old idea , one block will remain , expected a return of aprox 10 mil paid capital , to Geomet which was loaned by EMH .
Restacking tailings will still happen with return rail carts of minimum 35% not sure where the balance 65 % goes , but maybe good road base .
Just fund 1st hurdle to be announced this month . Will be aproved by JASPER ( don't who this is ) one month later aproval from Regional area , and one month later by Federal Gov , time line to funds in bank July .
Still looking at Offtake B4 DFS and possibly 2 from EU based Companies . My guess LG and CEZ
Permits are broken into 2 categories Processing and Mining , Processing is a new application for new site , Mining has been acccepted some time ago , but both need to be applied for at same time and can only officialy be done after DFS but well infront of time curve .
We tick all boxes to ERBD which we report on monthly basis .
Both EIB and ERBD will fund project ( probably 75% as i have stated B4 )
Apparently normal now to get financial assistance with offtake partner .ie some prepaid or equity deal in Geomet .
Geomet not sure at this stage , what percentage of production will be locked up with a floor and ceiling with offtakes . ( great in my terms )
Cash flow : EMH have enough til DFS , ie no cap raise until FID . EMH currently have $5 mil in bank .
Geomet revising budget but expect Just fund in July , so plenty there too , with a property refund as well .
CEZ not allowed take over at all until construction decision , if dead lock , it goes to independant evaluation .
Catalysts , Macro , EU just very slow but is happening both EU and in country .
Micro , What is DFS , what is increased production , KC hinted a five in front of tonnes , thouth he was being conservative , probaly the 60 k tonnes already mentioned in past .
Be prepared for possible increase of both Capex and opex , our numbers 3 years old .
it has become normal now for offtakers to provide finance assistance , all Europe will be buying our Lithium .
Total length of permitting Period only after DFS , CRMA will assist no end .
Howard , reiterated at very start about broker valuation and particularly Ireland's , are 4 to 6 times current Market Cap ie in the $2 ( two dollars mark ) aud ( one pound above mark ) .
Very good exciting times in next few months , the new site had been included in current DFS for three months already . A couple of site visits will need to tweak the DFS .
- Forums
- ASX - By Stock
- EMH
- €49 million Grant - CRMA
€49 million Grant - CRMA, page-58
-
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EMH (ASX) to my watchlist
|
|||||
Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $41.48M |
Open | High | Low | Value | Volume |
20.0¢ | 21.0¢ | 20.0¢ | $7.936K | 38.87K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 42449 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 10948 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 42449 | 0.195 |
2 | 65000 | 0.190 |
1 | 5410 | 0.185 |
1 | 15000 | 0.180 |
2 | 60000 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 2000 | 1 |
0.280 | 40350 | 2 |
0.285 | 13000 | 1 |
0.310 | 8148 | 1 |
0.330 | 4469 | 1 |
Last trade - 15.35pm 23/08/2024 (20 minute delay) ? |
EMH (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online