EMH probably has no say in this. However it is still slightly...

EMH probably has no say in this. However it is still slightly better to get semi-ripped off by a state utility company than by the Chinese (eg Gangeng). The structure (Cinovec -> Geomet -> 51% CEZ/Severoceske doly -> 70% of CEZ owned by ministry of finance) is not ideal but ensures some checks and balances. If CEZ wants an offtake with Skoda that will happen and they will set the price, not EMH. EMH can just watch and hope. However it shouldn't be a (total) scam, CEZ is a complex structure and even right now for example there is a CEZ subsidiary with frozen assets and criminal case ongoing for abusing subsidies and selling electricity at incorrect prices. So one part of the government (ministr of interior) fights with another part of the government (ministry of finance) via yet another part (ministry of justice). Such things can take years but also ensure that CEZ cannot do total ripoffs and commodities or lithium should sell at market prices. Life is not fair and then you die.