EMH 7.84% 27.5¢ european metals holdings limited

Ann: Trading Halt, page-9

  1. 169 Posts.
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    I take great assurance from the following extract in yesterday's transcript (supplementary question):

    'we will get rid of that political part. And now I'm interested in what's going to happen, because lithium, if it is there, I need to start to benefit from it, so the Czech Republic can benefit from it and, of course, we would, as I say, some players on the market'

    Answer Tomas Hiner: 'From the legal point of view, this company is currently conducting a lithium deposit survey. This case is absolutely not related to this memorandum because it deals with the cooperation in the field of extraction, processing and sale of this product, so the company continues to carry out the survey, evaluates the effectiveness of this potential mining and it is how it decides under the Czech law and in our mining efficiency, let's say, not only in the exploration but in the subsequent extraction, that is, the memorandum is not related to it at all.'

    From what I read of that:

    Question, now we have sorted the political situation, how are we going to get moving on this for the benefit of the CR and share holders?

    Answer: the MoU has absolutely no affect on progress in accordance with the law and it's business as usual.

    Is that how others interpret the last couple of paragraphs of the transcript?
 
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