European Metals Share Discussion Threads

[wallywoo] 26/4/2024 17:52

I posted it on post 32.They said it would delist from AIM and the kast day to sell was 1st May. Otherwise it would relist on ASX sometime in the future!!

[halland75] 26/4/2024 17:40

Wallywoo,
I haven't read that email, how was it wrong?

[halland75] 26/4/2024 17:38

Glad I wasn't one of them.

Can you imagine if the Grant RNS showed up Monday morning, those sellers will be kicking themselves.

[wallywoo] 26/4/2024 17:27

I bet there will be some angry ex shareholders, who sold on the back of that email.


I bet there's nothing they can do. Will be buying back on Monday morning!!

Was probably someone who had a few Friday lunchtime beers at IG!!

[dvsfm] 26/4/2024 17:13

Right 100% the email rather than the post just some may not have read their emails and seen the post and panicked

[dvsfm] 26/4/2024 16:43

Looks like this topic may have triggered a number of sells just after posting

[wallywoo] 26/4/2024 16:42

I think you are right and IG have it wrong. They are moving domicile from Virgin islands to Australia, but trading is continuing. Think IG have made a mistake here.

[dvsfm] 26/4/2024 16:38

see this is the RNS from April 4th

European Metals is seeking re-admission to AIM in accordance with AIM Rule 27 following a re-domiciliation from the British Virgin Islands to Australia, to be completed on the date of re-admission. A re-domiciliation of this type does not change the corporate structure of European Metals but simply changes the jurisdiction in which the company is registered and incorporated (maintaining its original legal identity).

I dont think there is anything to worry about, companies usually give notice of intent to delist , who knows though, but doubt IG is correct at this present time

[wallywoo] 26/4/2024 16:33

I see the proposal at the agm. That was passed. Ig seem to imply that it will only trade in Australian dollars from 2nd May?

[dvsfm] 26/4/2024 16:30

Emails crossed I don't think that is correct from IG can you see it in any Rns?

[dvsfm] 26/4/2024 16:28

What broker is that? No one else is talking about thisMy update was from hargreaves lansdown

[wallywoo] 26/4/2024 16:28

Just received this email from IG.

[dvsfm] 26/4/2024 16:26

I got thisWhat is happening? Further to our email sent on 6 December 2023, the proposals to redomicile from the British Virgin Islands to Australia was approved at the general meeting held on 22 December 2023. Under the terms of the redomicile, shareholders at the close of business on 1 May 2024 will receive 1 new European Metals Holdings Ltd share in place of each share previously held. Do I need to take any action? No, the redomicile will take effect automatically and the resulting shares will be credited to your Group SIPP upon receipt. It is expected that the new shares will be received on or around 2 May 2024. Please note we will credit the shares to your account upon receipt which may not be before 8.00am on 2 May 2024

[wallywoo] 26/4/2024 16:26

Please note that European Metals Holdings Limited has proposed to delist from AIM on the 1st May 2024.The company is proposing to Re-domicile from the British Virgin Islands to Australia, with completion expected on May 1, 2024, after approval at the AGM held on December 22, 2023.As a result, the stock is expected to trade on AIM until 1st May2024, after which the positions held under European Metals Holdings Limited will be moved to Australian Securities Exchange (ASX) at ratio 01:01 through a cross border which might take a while (currently no ETA).You may have below options to decide:Option 1 : If you wish to close your positions, please trade out before the market closing on the 30th April 2024 (Trade out from platform/through phone dealing).Option2 : Take no action (Default). (The positions will remain dormant in your account until your shares are moved to ASX through cross border transaction.ADDITIONAL INFORMATION:

[dvsfm] 26/4/2024 16:24

What are you talking about they are just re registering as an Australian based company. ??

[wallywoo] 26/4/2024 16:17

Dam I see it now on the AGM. So this will cease trading on aim from 1st May?

[wallywoo] 26/4/2024 16:13

Has anyone been notified that emh will delist from AIM. And to move all trading to Australia?First I have heard of it. Did I miss something?

[halland75] 26/4/2024 14:54

Blue again, can't keep a good share down.
Panic as I thought would be short-lived.


They all know what's coming.😀

[robertspc1] 26/4/2024 10:05

The EU can't announce the strategic projects before they even apply

[halland75] 26/4/2024 10:00

I have read it.

How does your above statement suggest delay?
You have obviously read it wrong.

[robertspc1] 26/4/2024 08:53

Read the latest EMH RNS the selection of the Pruné?ov site provide a very strong foundation for our upcoming application for Strategic Project status under the CRMA

[halland75] 26/4/2024 06:02

robertspc125 Apr '24 - 22:19 - 21 of 24
0 0 0
Btw todays announcement refers to the upcoming application for strategic project status under the CMRA, so it may be a while before confirmation
==========

robertpc1,
Where exactly did you read that the 17 Straegic projects announcement will be delayed?

Just point us to where you read that please.

[halland75] 26/4/2024 06:01

Absolutely paulhopeful!

That is why I called it ridiculous when someone said the 49 mill grant was already priced in.

From what price was it priced in, I would imagine that person couldn't tell us that.

Because if you look online no-one has written that it has been approved, it's only been let slip by accident on YouTube, and that is not a solid RNS confirmation.

When an RNS does officially confirm, the share price rises significantly.
How many companies receives a grant larger than their market cap...not many.
To suggest the share price won't rise significantly on that fact really is a nonsense.
IMO.

Leading into the CMRA starting next week strategic projects will start to be announced.

==========
This Fact from the RNS...
"The coming together of both the Cinovec project joint venture partners and the Czech Government in the decision-making process with regards of the selection of the Prunéřov site provide a very strong foundation for our upcoming application for Strategic Project status under the CRMA."

[paulhopeful] 26/4/2024 00:07

robertspc1: Even if the share price doubled from this low oversold level it would only be returning towards its average market cap. I believe anyone investing now at under 43p .. same as the investment bank paid will do well, but agree the share price will rise significantly more with off-take and funding, in my opinion past it’s all time high. Good luck with your holding, patience should pay off here.