CEZ can borrow in euros at 0.875 % short term and 4.5 % in long term. They do it through eurobonds and as it is profitable company and ECB interest rates are negative, it is pretty low.
Much better than even Tesla, better than EMH alone. Real question is if CEZ wants to put some real skin in the game. Zinnwald is in a pretty tricky situation I think and not a real competitor - however the longer the delays, the more new resources will be considered, eg Rio Tinto lithium-boron in Serbia.
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