Hey @visitorX, as I always say I believe in the fundamentals of Cinovec project, it is a sensational asset that is being historically mismanaged. The 'Cinovec problem' is a complex issue, this is not 'Business as Usual' type of mining asset. Geomet/CEZ now have the Czech politics, EU politics and global politics involved and each of them brings risks and complexities that introduces potential delays into the delivery of the project.
Reason why I keep topping up is mostly due to me 'sticking to the investment plan' as I stated that I am holding to 2026, which implies that I allocate capital for top ups over that holding horizon.
Whilst I may appear to be overly pessimistic it is mostly a reflection of the dissatisfaction with the management of EMH rather than the project itself. I am strong believer in the fact that it will eventually happen.
EMH Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held
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