European Metals Share Discussion Threads

[1solon] 07/3/2017 09:30

Any reason for the tightening spread?

[luisfrg] 07/3/2017 08:18

Reiteration of positive news....

[luisfrg] 07/3/2017 07:23

Good close in aus closed 1.20 equiv of 74.5p

[myst1] 07/3/2017 06:40

Proactive interview yesterday with Keith Coughlan;

7 Million tonnes of lithium equivalent and 275,000 tonnes of Tin. We are probably the largest non brine Lithium deposit in the world and these figures could go higher, but he said we are already big enough so it isn't important to increase the resource.
Low cost - lower quartile given tin credits.
Well situated - heart of Europe - ev market on doorstep, access to finance, infrastructure, labour, few environmental concerns.

So at $10,000 p/tonne lithium and $20,000 p/tonne Tin we have $70 Billion of Lithium and $5.5 Billion of tin!

[luisfrg] 06/3/2017 12:17

👍🏼

[myst1] 06/3/2017 12:11

Agree luisfrg,

Presentation on Thursday this week. Keith will want something new to talk about.

[luisfrg] 06/3/2017 12:09

Announcement due imminently....last chance to get in before next move up

[banshee] 05/3/2017 14:44

Goldman Sachs forecasts battery storage market to increase a thousand fold?

[myst1] 02/3/2017 07:20

Well it was a daft question!

[luisfrg] 02/3/2017 06:58

Thanks...glad you edited the previous comment! Onwards and upwards

[myst1] 01/3/2017 21:20

luisfrg

Dates?

In the last Directors talk interview Keith said that before the PFS the following news will be released:

Metallurgy Results
Further information of the product and
Further information on off-takers

Apparently Keith is in Europe now. In the past this is when we have received news and next week EMH are presenting in London. Maybe that will tie in with recently announced news?

I'm guessing things are going to get interesting again after a period of consolidation. I note EMH was up in OZ overnight too.

[sambuca] 01/3/2017 18:38

People taking profits before the end of the financial year is my view and with the spread the mms dont seem keen to play bwdik.

Sam

[myst1] 01/3/2017 17:26

Yes end of Month.

Metallurgy Results and updates on off-takers before then though.

[wassapper] 01/3/2017 12:33

PFS due soon? Is that so?

[luisfrg] 01/3/2017 11:05

Need some more news for this to pop up big time .....

[steeplejack] 01/3/2017 09:21

This might settle into a trading range pattern not dissimilar to BCN,which has been flipping between the low 60s to low 90s for near a couple of years.I hope not,EMH appears keen to expedite things by comparison with BCN.

[telbap] 01/3/2017 07:59

Same pattern as it had after the last rise, dropped for some time, maybe a month or so, then boom. Combination of hot money leaving, lack of news and investor apathy towards it. As soon as the next good news leak arrives the share price will again rocket, just time, being able to call bottom and top up at cheap prices.

[luisfrg] 28/2/2017 13:36

Strange that lots of buys have gone through yet it's still down

[luisfrg] 28/2/2017 08:54

Disappointing start but lots of buys should push this back up to early 70s

[steeplejack] 28/2/2017 07:30

Rocky ride on ASX left the stock around 64 equivalent

[banshee] 26/2/2017 22:00

'He ensured the Golf-hungry crowd that "Volkswagen's Euro 6 diesels are cleaner than most from rival manufacturers,"'

Well at least he didn't insure them.

[sambuca] 26/2/2017 21:04

Apologies Petersinthemarket.
This is a follow on from the piece I found and lost about a bettery cell factory at Salzgitter. It is not the piece I originally found and dates back to the 10/11/2016.

hxxp://www.roadandtrack.com/new-cars/car-technology/news/a31518/volkswagen-battery-factory-germany/

Sam

[wrtmf] 25/2/2017 10:55

'Car buyers should have 'long, hard think' about diesel'

[banshee] 24/2/2017 13:10

From today's FT



extract

"Suppliers to Tesla and other electric carmakers are scrambling to secure shipments of the key battery material cobalt after a group of hedge funds amassed a large stockpile of the scarce metal.

In a bold wager on higher prices, half a dozen funds, including Swiss-based Pala Investments and China’s Shanghai Chaos, have purchased and stored an estimated 6,000 tonnes of cobalt, worth as much as $280m, according to the investors, traders and analysts.

The stockpile is equivalent to 17 per cent of last year’s global production of the metal.

Increasing use of batteries containing chemical forms of the metal by Chinese electric carmakers, alongside ambitious plans by the likes of Elon Musk’s Tesla, have created a fertile backdrop for speculators hoping to profit from swelling appetite for cobalt, which boosts the power of lithium-ion batteries.

They are betting that demand for electric vehicles will exceed market expectations and push the up the price of cobalt as battery makers such as Panasonic, which makes battery cells for Tesla, rush to lock-up supplies of the material.

Global demand is already expected to outstrip supply this year by 900 tonnes,
"