More drivel. At least not a new thread, what a development.

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01/05/24

07:13

Post #: 73596987
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Originally posted by Reversal23: ↑

Looking good - bouncing off a near 5 year and approaching the green lights - we were in the 30s before the Dec delay in the DFS

We now have full local support which is huge - CEZ and the Czech Government are aligned with bringing the project online

In addition, the CRMA will provide the framework for the designation by the European Commission and member States of projects deemed "strategic projects". Such designated projects will receive political and financial support to enable the projects to reach production in the shortest timeframes possible, contributing to the fulfilment of the green transition and affording the EU a degree of critical raw materials independence.

As Europe's largest hard-rock lithium mining and processing project, the Cinovec project is applying for and is expected to receive strategic project designation under the CRMA.

The project has already been granted strategic process status under the EU's Just Transition Fund

https://twitter.com/CzechLithium/status/1750112472483135495?t=FQ06IyNdDTszjSfRYaDSKw&s=19

https://twitter.com/MarosSefcovic/status/1780687644663685580?t=pjiy1ezdLKvsw7neOnwHDA&s=19

The CMRA starts in May and will be announcing circa 20 strategic raw mining projects

And the 49million grant is due in May/Q2

DFS is being Finalised and Offtake is expected to come to fruition alongside it

While the Czech government has a 8bn Gigafactory factory offer currently under negotiations.

The European bank of reconstruction and development bought $6million at 42.3 and are still holding all of it...

It's still early, buy and hold for all the above over the coming months - nothing in a straight line I'm calling 80+ on Offtake and ATHs on FID. The CMRA is all about getting on with it now and not talking about it

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More drivel. At least not a new thread, what a development.

EMH Price at posting: 44.5¢ Sentiment: Hold Disclosure: Held
3 Upvote

1 Great analysis

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