Zinnwald Lithium Share Discussion Threads

[goodgrief] 30/1/2023 12:09

Farrugia... to convert from ppm to percent, divide the ppm by 10000

[shieldbug] 30/1/2023 11:51

"Presently, the Company is operating three drill rigs at Zinnwald" - three rigs, that could be pricey.

[shieldbug] 30/1/2023 10:30

Scholz visits South America to secure lithium supply.

[euclid5] 30/1/2023 10:19

Doubt the drilling activity they are doing now is costing them $4m

[5chipper] 30/1/2023 09:09

EU grant funding, perhaps?

[robertspc1] 30/1/2023 09:04

Interesting news today but the company must be burning cash on all the drilling activity. 4m Euro won't last long so some form of funding pretty inevitable

[farrugia] 30/1/2023 08:19

so what kind of grades are these

HIGHLIGHTS

-- Assay results for new drill hole LiSH-001 at Falkenhain show significant intercepts of thick high-grade lithium (Li), tin (Sn) and tungsten (W) mineralisation including:

o 114m - 194m (80m); Average 2,879 ppm Li; 492 ppm Sn and 271 ppm W

-- Including 140m - 191m (51m); Average 3,421 ppm Li; 519ppm Sn and 361 ppm W

o 334m - 344m (10m); Average 3,206 ppm Li; > 1,924 ppm Sn and 83 ppm W

I'm more used to having lithium grades at 1.5 or 2.3...etc?

[steeplejack] 30/1/2023 08:17

Additionally.....good news from EMH today will benefit Zinnwald.Executive Chairman Keith Coughlan said:"I am very pleased that the European Union via the Just Transition Fund has approved the Cinovec Project as a Strategic Project for the Usti Region of the Czech Republic. This approval provides further evidence of strong support from the Czech Government and the European Union and the Europe-wide recognition of the critical part which the Cinovec Project will play in enabling the EU to reach its stated goals of lithium self-sufficiency by 2030."

[steeplejack] 30/1/2023 08:13

Falkenhain lies within 2.5km of the processing site under consideration for the Zinnwald Project.Zinnwald Lithium CEO, Anton du Plessis, said: "I am delighted that the initial results from our exploration campaign at Falkenhain support the review of historic data from the license area demonstrating the clear potential for a significant additional lithium resource"

[euclid5] 27/1/2023 19:54

As at the date of this announcement, the Company has funds on hand of €4.4 million.

[gbh2] 27/1/2023 11:54

Only the company directors benefiting here.

[bsg] 27/1/2023 11:41

Unfortunately? The Chinese aren't going to save the day here.

[my retirement fund] 27/1/2023 10:36

Zillions more shares to be issued and existing shareholders will be diluted to billyo but that how it goes

[robertspc1] 27/1/2023 09:49

Can only think investors are assuming a fundraising is needed. Share price in the doldrums so an equity raise would be painful. Hopefully management will be more creative

[robertspc1] 24/1/2023 10:44

Adding. Albemarle strategic review confirms structural lithium shortage for years ahead

[shieldbug] 23/1/2023 13:23

The protest was against a truly vast open-cast lignite (brown coal) mine extension. Not really comparable to a pretty small underground lithium mine.

Garzweiler - "In the early 1980s, it is estimated that more than 30,000 people had to be moved for the Garzweiler mine. Plans for Garzweiler II required that ... around 12,000 more people relocated."

That's from Wikipedia which may or may not accurate but photographs online show Garzweiler to be absolutely huge. Very few people now argue that coal is the future.

[bountyhunter] 21/1/2023 11:13

I agree SJ.
The last I saw Greta and friends were on TV preventing the demolition of a village in Germany in a mining area.

[steeplejack] 21/1/2023 11:04

Its one thing to award an exploration license,its quite another to award a production license.Suddenly,the green lobby descends en masse and we all how powerful the green lobby is in Germany.It's hypocritical of the European Bloc to depend on imports of rare earths from outside the union so it can wave its green credentials.This stock has taken a hammering and i strongly suspect its because of planning concerns.

[djj2014] 21/1/2023 10:44

If the Germans don't mind demolishing villages to mine dirty coal, surely they will permit mining for lithium and a greener future.

[rover62] 21/1/2023 10:29

If Germany didn’t want miners to mine why give them exploration licenses?

[gepetto100] 20/1/2023 11:17

Happy new year everyone - not spoken for a while, been dealing with other stock. I've added substantially more today, now were at base levels. The asset is good, it just depends whether your patient or can can tie up the funds - there are other issues in Europe conspiring against or distracting people away from lithium stocks at present

[euclid5] 20/1/2023 10:32

a few large share sells booked today

[steeplejack] 20/1/2023 10:24

This is courtesy of Zarro on the LSE.Might explain the dumping of stock this week.Tue 09:34Re announcement below. Not sure if this clears the seller and will allow a more normalised market or whether that was already factored into the dismal share price of late.Munich, 16 January 2023 - The liquidation of the shares of Zinnwald Lithium plc has been completed. The payment of the liquidation proceeds from the sale of the shares less the liquidation costs will now be made by the Joint Representatives for crediting to the deposits or accounts of the entitled bondholders. The payment is considered (partial) satisfaction of the claims from the Solarworld bonds filed in the insolvency table. Entitled are the bondholders of the bond 2014/2019-2 with the WKN A1YCN1 as well as the bond 2014/2019-1 with the WKN A1YDDX of SolarWorld AG, who have not exercised their subscription right for the shares of Zinnwald Lithium plc. The total net liquidation proceeds achieved are EUR 0.12 per share, resulting in a cash payment of EUR 8.16 per Bond 2014/2019-2 with WKN A1YCN1 and EUR 7.93 per Bond 2014/2019-1 with WKN A1YDDX. If not already done, the Joint Representatives request the bondholders who have not yet registered to contact the Settlement Agent and provide it with the information necessary for the settlement of the transfer:

[steeplejack] 20/1/2023 10:14

I think there must be concerns about planning permission.The Germans can't seem to get a grip.They close nuclear plants but then extend the life of coal burning stations,promise tanks to Ukraine and then prevaricate.This isn't pragmatism so much as confused thinking.(Of course things are no better in the UK).I've wondered whether Zinnwalds pedestrian approach to exploiting their resource isn't in part dictated by a desire to get greater certainty about getting planning permission before it expedites things.Frankly,the stock price is suggesting there are serious doubts that Zinnwald will ever reach production.The stock price languishes near an all time low.Technically,i think there's been an issue recently with bond holders not subscribing for stock which has depressed the price.This is referenced on the LSE boards