DFS Progress (Next Three to Four Months): EMH is rapidly advancing a world-class lithium project in the Czech Republic and is on track to release the Definitive Feasibility Study (DFS) in the next three to four months. The DFS is an important milestone in assessing the project's feasibility.
Test Work Results (Next Couple of Weeks): EMH is finalizing test work, and the preliminary results have been positive, with excellent recovery rates of around 95%. Final results are expected in the next couple of weeks, further indicating progress within this short time frame.
Off-Take Discussions (Ongoing, Next Two to Three Months): EMH is in discussions with potential off-take partners, including well-known industry players. These discussions are progressing well, and the company is taking its time to ensure the best outcomes. The expectation is that these discussions will continue over the next two to three months.
Support from Czech Government (Recent Statements): The Czech Prime Minister's support for the project, including recent statements, is a positive development for EMH. It reflects ongoing government support for the project, although the specific time frame for these statements is not mentioned in the interview.
EU Critical Minerals Act (Anticipated Announcement): There is anticipation regarding the European Union (EU) Critical Raw Materials Act, which could have an impact on EMH's project. The EU's focus on critical minerals is gaining momentum, and an announcement is expected, although the exact timing is not specified.
Upcoming EU Trip: Keith Coughlin is heading to the EU for meetings and conferences, indicating that these engagements are imminent. The trip aligns with improving conditions in the EU.
Lithium Price (Current and Future Outlook): While the lithium price has experienced fluctuations, EMH takes a long-term view and remains optimistic about the project's financial viability, even at current lithium prices.
EBRD Investment (Recently Announced): The European Bank for Reconstruction and Development (EBRD) has become a shareholder in EMH. This investment is viewed as the start of a potential long-term relationship, with EBRD potentially providing debt financing for the project in the future.
EMH Price at posting:
74.5¢ Sentiment: Buy Disclosure: Held
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