Re: Political stuff is resolved !!! Open the page in chrome. It'll offfer to translate for you.
Re: Political stuff is resolved !!! Hard to understand with resources updated, financing sorted, that the sp is where it is..It happens all to often though, stocks are walked down on a small bias towards sells.However the second demand for stock comes in the market finds it can not cope and it leads to massive swings..Effectively we need a better more stable market, but then that removes the opportunity to make quick easy massive gains...O well...
Re: Good news Very light trading and recent placing will always draw a few sellers out.Once the resource figures sink in I personally think we should and will very very quickly get back to the 60p area with a bat of an eye.From there on in it will take absorption and understanding of the figures and resource which will then mean a slower rise northwards of year highs.(So very limited stock that this could also be one for momentum traders to descend upon)
Re: Political stuff is resolved !!! A quick google translation... (Is there a way to read a translated page?)Economic Diary (Economic Diary)Investments 30.11.2017 171:22MIT analysis for lithium: The most advantageous is to raise rates and not to risk the extractionThe Ministry of Industry and Trade analyzed the possible involvement of state organizations in lithium mining. It presents several variants, best of which is that the state "only" will increase the percentage of miners' extraction on the extracted raw materials from the current 0.6 - 0.7% to 10%. He would not have any business risks.Purchase of rights to acquire the deposits, establishment of a joint venture and procedure without increased state involvement. These are three possible options for the state to proceed to the exploration and possible extraction of lithium, which was widely discussed before the parliamentary elections. The analysis was prepared by the Ministry of Industry and Trade together with state-owned companies Diamo and Fuel Combined Usti which have experience in this field.The best option is the third option. "In the case of the European importance of Cínovec, the following can be assumed: EMH-GEOMET will carry out a feasibility study in 2018 and will decide on the next step. In the case of economic efficiency and reasonable risks, the implementation of the mining project will continue. In this case, the state will receive a share of payments from all extracted minerals, including very high cesium and rubidium payments. The Ministry of Industry and Trade may, in accordance with Government Decree No. 98/2016 Coll. and the Upper Law, increase the rate of lithium reimbursement (up to a maximum of 10%) from the current 0.6-0.7%. The state is not taking any responsibility for the realization of the mining project and for its results, "writes the authors of the ministry's ministry's table.According to the authors of the analysis in case of economic inefficiency, respectively. unreasonably high risks, the completion of the mining project and the possible sale of the results of the geological survey to another prospective. "In order to support the creation of the processing chain in the Czech Republic, another interested party may become aware that further development of the acquisition of the deposit will be completely under control," MPO analysts write.Redemption of the rights to acquire the deposits would cost billions, the state would risk a failure in miningExperts from the Ministry of Industry and Trade also calculated the option of acquiring the rights to acquire the deposits. According to them, only the market price of the company is between 1 and 3 billion crowns, and in this case the state would take the risk of a possible failure of the mining. "If, on the basis of feasibility studies, the economic efficiency of the mining projects is documented, it is not possible to assume that a simple reimbursement of the costs incurred is sufficient. E.g. the value of EMH-GEOMET with shares traded on the stock market is currently reaching the sum of the first billion CZK. According to the Australian Securities Exchange, as of 2 November 2017 (see www.asx.com.au), European Metals Holdings Ltd. so far 131.8 million shares have been issued. At the current market price of the share of AUD $ 0.755, the current market price of the company amounts to approximately $ 88.3 million AUD (approximately $ 1.48 billion). With an annual minimum of $ 0.525 per share and an annual maximum of $ 1,390 per share, the market price of the company during the course of the year ranges from about 1 to 3 billion, "says the analysis."Once the agreed amount has been settled, the state (or the state entity) would have fully taken over the mining project. Any potential profits would be the revenue of the state budget. The state would, at its own expense, complete the exploration work, evaluate it and decide whether to start mining or not. The state would have to make all necessary permits a
Political stuff is resolved !!! [link]
Re: Good news Well, I think we all knew that the coy would be required to raise finance along the way. Personally i would have been happier if they had done it at a higher price but c'est la vie.
Re: Good news The reason if you sell shares to the in crowd at 35p the the price to all us small investors obviosly goes down to that level.
Good news With all this good news - why has the share price nearly 30% of its previous high?
VW near by VW Accelerates Electric Car Effort With $40 Billion Investment -- UpdateShare On Facebook Print Max Bernhard and Nathan Allen Volkswagen AG plans to invest EUR34 billion ($40 billion) by the end of 2022 in a bid to become the market leader in electric and autonomous vehicles, the latest move by a major auto company to embrace what could be the future of the car.The German auto giant said Friday that most of the investment would be directed toward making electric and hybrid version of its models. The company has previously stated that it aims to electrify its entire portfolio by 2030.Auto companies the world over are ramping up plans for electric vehicles in response to tougher emissions regulators and the prospect that some countries could eventually ban the internal combustion engine."We are laying the foundation for making Volkswagen the world's number-one player in electric mobility by 2025," Chief Executive Matthias Müller said. "The entire automotive industry is facing fundamental changes in the coming years, which will provide great opportunities, but also require us to put in tremendous efforts.The spend on electric and self-driving cars is part of a broader direct-investment program worth EUR72 billion over the next five years. Neither figure includes about $12 billion that Volkswagen and its partners plan to invest in electric cars in China, as disclosed Thursday.As part of its pivot toward electrification, Volkswagen said it would remodel a plant in Zwickau, Germany, to exclusively manufacture electric vehicles. It also said it would concentrate production of its Passat vehicles at its Emden site and Golf models at its Wolfsburg factory.Despite the size of its investment plans, Volkswagen retained its target of lowering capital expenditure and development cost ratios to 6% of sales by 2020. For the third quarter of 2017, Volkswagen's automotive division reported a capex ratio of 6.3% and a research-and-development ratio of 6.6%.The company consistently out spends its peers in capital investment and development expenditure -- both in absolute terms and as a proportion of sales -- according to analysts at Evercore ISI. In 2016 Volkswagen spent EUR26.5 billion compared with EUR19 billion at Toyota Motor Corp. and EUR14.6 billion at Daimler AG.Write to Max Bernhard at [email protected] (END) Dow Jones NewswiresNovember 17, 2017 10:24 ET (15:24 GMT)Copyright (c) 2017 Dow Jones & Company, Inc.SAGE
Re: RNS Iii computer gone haywire AGAIN !! bid 38, ask 40, last trade 45.4.. !!!!Hope they improve when they adopt the TDW platform.TP Mind a little boggled
RNS Infill drilling programme completed, better than expected results !TP
Re: Of great significance.... The city of Paris is to ban all petroleum-based vehicles on its territory by 2030 and prohibit diesel cars as soon as 2024, sending fresh shockwaves through Europes stunned motor industry.The extremely tight timetable pre-empts Frances drive to end sales of the internal combustion engine by 2040, and shows just how quickly the electric revolution is shaking up the old order. It underscores the mounting business risk facing those car producers still betting that petrol and diesel models are here to stay.It is a credible and sustainable trajectory, said Christophe Najdovski, the Green deputy-mayor of Paris. Were planning to press ahead with the end of fossil-based vehicles because quite simply were running out of time. The climate cannot wait.Mr Najdovski said a twelve-year transition is ample time for the car industry to adjust. We are trying to get ahead of the process. It is perfectly doable, he said.ADVERTISINGBehind the French push is a hard-headed calculation by President Emmanuel Macron that his country has a chance of seizing European leadership in a lucrative new industry, vaulting ahead of German producers caught off guard by the speed of change.The Renault-Nissan Alliance is already the world leader with sales of 460,000 electric vehicles, led by the Nissan Leaf - manufactured, as it happens, in Sunderland. The vehicle of the future will be an electric, connected, autonomous car, says Carlos Ghosn, the Alliances chief executive.Ian Fletcher, an expert on the European car industry at IHS Markit, said one must read the legal fine-print of the Paris ban before judging the real implications.I am always wary when people talk about electrification because it can means no many things, But this is a significant step, he said.Mr Fletcher said the French government is systematically pursuing an industrial strategy in favour of electric vehicles: backing research; retraining workers; and helping to retool component suppliers.The Germans have been late to the party. The French think they can establish leadership in the market. The Renault-Nissan Alliance is very well-placed, he said.Europe is racing to keep up with China, which is pushing a drastic plan of electrification and threatens to dominate the new technology. China is already the worlds biggest market for electric vehicles, and its lead is growing. The target is to produce 7m electric and hybrid vehicles a year by 2015, capitalizing on Chinas edge in lithium battery output - an area neglected by the Europeans. Electric carsThe trajectory of electric vehicle sales is astonishing, but it is China that is running away with the prize CREDIT: INSIDECLIMATE NEWSAs of 2019, each company selling cars in China must meet a zero-emission quota of 10pc, rising to 12pc in 2020. Those that cannot do so will face fines or have to buy EV-credits from rivals - likely to be Chinese producers.The industry ministry is drafting plans for a prohibition of petrol and diesel vehicles by 2040, an ominous development for OPEC oil producers counting on Asia to boost long-term crude demand.The Chinese know they cannot match the sophisticated combustion engines of Western carmakers in the near future, but they can outflank them by shifting to an electric drive-train and shaping the market by regulatory fiat.China's strategic drive will become an increasing threat as the cost of electric vehicles falls to petrol parity by the early 2020s, eliminating the need for subsidy. The risk for the traditional carmakers is that China could do to them what it has already done to German solar companies: wipe them out.The French aim to head off this danger. The country is already Europes biggest market for electric vehicles, thanks to subsidies of up to 6,000, or 10,000 where the switch replaces a diesel model that is over ten years old.German producers are scrambling to make up lost ground and will prove formidab
This should help a lot .... This will help secure Lithium as the battery material of choice, full charge in 5 minutes...www.bbc.co.uk/news/technology-41523653"To make their batteries, the Rice team used carbon derived from asphalt that was mixed with graphene nanoribbons and then coated with lithium metal.Prof Tour said the manufacturing process behind this new approach was simpler than earlier techniques it had developed for making fast-charging batteries.The Rice team has put prototype batteries through hundreds of cycles of charging and discharging to ensure the technology is stable.This testing also revealed that the batteries were less likely to suffer the build-up of structures called "lithium dendrites" that can gradually spread through a device limiting its life."TB26 post at CadenceSAGE
Of great significance.... [link]
From 2/10 MOU signed with Czech govt. good news!!TP