meanwhile, the EU political picture continues to hang over the...

meanwhile, the EU political picture continues to hang over the project and be the main reason it moves at snails pace. The EU elections this week shifted the popular vote further to the right and especially in CZ where Babis party took the most seats and the biggest share of the vote. Reminder that we have the parliamentary elections in 2025 and the Babis party is far out in front in the polls.

So perhaps we will find ourselves in a situation where the political picture will come to help us as the CZ PM needs to get some runs on the board as he heads into his campaign, especially good for us given Lithium mining is one of this strategic projects. Also from an EU point of view they will be looking to keep the current centre left guy in power as much as possible, vs face a shift over the a right/centre right PM. This timing also ties in with the expected progress with the CRM act as it relates to strategic project status and the EIB stepping in with some funding. Progress on this will all look good for the CZ PM as he gets ready to face the vote...