Thanks for the update @dtasker, much appreciated. The luxury of sitting down and asking a few questions from the EMH's Chairman is a luxury that us peasant shareholders do not have, so it is extremely helpful to watch the interview.
ESG credentials and interest from the external stakeholders are definitely very important topics to cover, however I do wonder if it would have been worthwhile to ask a few hard to answer questions, such as:
1. Why does EMH not share with their shareholders the project schedule or key upcoming milestones (CEZ have released timeline of Cinovec Project in their shareholder update presentation, why does EMH not do the same)?
2. Why does EMH not provide ongoing updates on the status of development of the DFS, EIA/EIS, Grant applications with EU (Just Transition Fund / Critical Raw Materials Act)? The frequency of market updates/news is one of the worst amongst ASX-listed lithium juniors. The disclosure and market updates just simply do not happen, unless EMH absolutely have to do it due to listing requirements (KC himself affirmed this by saying that EMH shareholder updates were lacking in January 2023)
3. What is the BOD doing to recover the SP performance? EMH is 75% down from its lofty SP heights (EMH was at 104wk ATL yesterday) even as the project is now de-risked and is nearing its DFS release. The market participants have effectively blacklisted EMH as a 'lithium dud' due to lack of news/updates and complete disregard of any promised deliverables/milestones (which resulted in major selloffs and woeful SP performance).
Please do not take my feedback as the as an unfavourable review of the above interview (which was really valuable and is filled with great content), this is not of any fault of your making.
It is evident across all stock discussion platforms (LSE, Hotcopper, Twitter etc) that EMH shareholders are sick and tired of being lied to or not being informed of the progress/developments of the project. EMH shareholders are always finding out about any project progress from 3rd party sources like the aforementioned CEZ presentations, or meeting minutes from EU-conferences / Key Note speaker presentations.
All promises - no action, no results. EMH is in desperate need of an experienced Marketing Adviser / Investor Relation / PR resource to establish consistent and reliable market updates and attract (and retain) new investors. Speaking/Presenting at the conferences is one way of doing it, but it is pretty 'old school' and has limited reach (besides KC can continue to do that, whilst the IR/PR resource delivers project updates to the market).
EMH Price at posting:
55.5¢ Sentiment: Hold Disclosure: Held
(20min delay)