European Metals Share Discussion Threads

[wrtmf] 26/9/2016 09:02

some might recall 28.75 [maybe, 28.875, not sure now] was our previous intraday high. good vol and the dip down to 28.75, i think, sets us up nicely for the rest of the week. i'm hoping for take-off by tomorrow afternoon.

the lower highs are descending rapidly from 40.5 and IF we're being squeezed from below by 28.75 [approx.], then with good vol something has got to give, imho.

[sambuca] 26/9/2016 07:29

Lets look at some other companies who were making huge losses when they were start ups and people said would go bust three that come to mind instantly called Microsoft,
Amazon, Google, any one heard of these companies. I am not saying that EMH is will be any thing like the size of these but they all had people ("experts" even) saying they were unsustainable with the losses they were making.

Sam

[uni hall] 26/9/2016 01:28

This paid de-ramper suddenly bothering this board, is the very same one ramping RED for all it's penny worth and presumably, is now here because it has discovered that all along it could have been making some real money on EMH, whilst waiting years for anything to write home about on RED. Sad.

It really is a pathetic piece of low life trolling though, rooted in both spite and jealousy. None of it's fatuous arguments have any substance, it is just trying to unnerve you.

Well take another quick look at the Lithium chart and you will soon relax again!

Night night

[wrtmf] 25/9/2016 23:09

lithium, tin, tungsten, potassium

[banshee] 25/9/2016 22:38

Don't waste your time with us guys. It's Frankfurt and the ASX you need to convince, I'm sure they will welcome your assistance. There should be some more newsflow here very soon too.

No income for six years or till 2019 (brokers note), whichever comes sooner, especially now (post note) they have switched to much simpler near surface mining due to higher than expected assay grades.

Assuming they don't sell after the DFS of course, It is only recently the thought they will actually take it through to production themselves has even really surfaced here, after the unexpectledy large reduction in capex reqirements.

There is bound to be a placing for the DFS at some point in the next 6 months, hopefully it will give us the same 40% rise as Bacanora got from their placing.

Not bad for vapourware.

[letmepass] 25/9/2016 22:27

Salty what other avatar do you have.. Joined in Sept and you know exactly everything.. Total troll..

[shy tott] 25/9/2016 22:23

An easy short to 10p these vapourware companies always are after a successful ramp, sorry to those sucked in.

[shy tott] 25/9/2016 22:20

how is this going to survive 6 years with no business income? SIX years!! There'll be placing after placing, dilution after dilution, until no one will throw them any more money.

Thats if all goes well!!!

If the feasibility study shows this is a no hoper then puff, liquidation, 0p investors get nothing. If it goes well, then maybe if everything else goes right in six years theres a possibility of having a business.

When you lose all your cash then complain to your mp about these type of aim companies.

[dvsfm] 25/9/2016 22:00

Very good banshee

[banshee] 25/9/2016 21:59

As i say you should telegraph Tesla forthwith and tell 'em straight

"TELSTAR CONGEAL THAT ARGUMENT YOU SINGED WITH BARKINGNORA

just gewgel the lissome bauble

The Saltysamlon nose awl."

[thesaltysalmon] 25/9/2016 21:52

just googles that lithium bubble,,

everyone no it gooner pop,, place ya bets mug punters,, no investment just a gambles on when this big bubble pop,,

MUGS PUNTERS SHARE,, bewares of them rampins,, reads my posts from weekend,, they say buyins when only sellin reported,, whys??

[thesaltysalmon] 25/9/2016 21:49

if theys ever signs the bubble be POP,, zero values,, zeros incomes

[banshee] 25/9/2016 21:44

Bacanora have recently signed a contract with Tesla, perhaps you missed it somewhere. They are 12 months ahead of EMH in feasability study terms but almost 3 times the cap. Just as Tesla are ahead of VW/Mercedes/BMW and all the other Euro majors in the EV business.

Now to prove you are more than the ranting idiot you appear, explain to us the problems Chile have had increasing brine production to meet additional demand, lets see if you actually know anything :)

[thesaltysalmon] 25/9/2016 21:41

theys already have signed contracts done dusted years befores this even close to productions

that why no bigs investors buyin n volume low,, wait for the pump crews to arrive,, seens it many times as tehy pumps her for next rounds of fundins to keep the fat salaries goin,,

yous need rememebrs they have no aseets today,, zeros incomes for 6 years minimums,, that befores they have all the legals problems,, ifs they gets that far,,

listen to them experts,, they nos more than thick mug punters

[banshee] 25/9/2016 21:31

The demand will be met by whoever can supply it profitably, that is usually the way, though perhaps not on the planet where you learned english. No-one is going to drive the cost of lithium down anywhere near EMH's very low inferred cost of production, since the profit for everyone would then evaporate.

Mercedes VW etc will more than happily source from a few tens of miles away in the EU. Just like Tesla are opting for more local sources over Chile ie Bacanora.

Perhaps you shoud contact Tesla and offer your advice that they are waisting their time.

[thesaltysalmon] 25/9/2016 21:25

Do's I need continue,,

worthless junks,, simples

[thesaltysalmon] 25/9/2016 21:24

Theys not need more supply,, this is a pump n dump,, the big coys have enough and already mining,, price will soon tank as oversupply,, MINOWs will go bust and if they have asset they buy for free

This is worthless junks,,

Mercedes Benz, for example, is investing €500 million (AU$739 million) into building their own battery factory to power their vehicles.

This follows on from Tesla’s upcoming US$1.6 billion ‘Gigafactory’ in conjunction with Panasonic to make batteries for Tesla vehicles.

This increase in demand is going to be met by the world’s big lithium companies.

[thesaltysalmon] 25/9/2016 21:20

These peoples not lies,, Citigroup no's more than thick punters

Elsa Wang, senior analyst at consultancy Asian Metal Inc. in Beijing, said by phone. If all current lithium projects proceed as planned, they would deliver about 330,000 tons of lithium carbonate-equivalent by 2020, creating “a bit of an oversupplied market,” according to Citigroup analyst Matthew Schembri.

[thesaltysalmon] 25/9/2016 21:19

its a bubble thats bout to go withs a big pop,, just looks at whats the experts says,, enough suuplys today from cheaper producers in chile,, they nose what they talking abouts,,

Tesla not buys from europe,, chinese not buys from europe,,

that befores we go into the health and safety of minings for lithium,, have you seens the probelms?? them europes will not allows such bad treatments of it people.

SHORTS will be all ova's this in the mornings

[banshee] 25/9/2016 21:19

"they nose now this no needed" says it all really.

[banshee] 25/9/2016 21:15

That is far from any kind of consensus, for example



The spot price for Lithium Carbonate has been as high as $25,000 dollars a ton in China, though about a third of that is a reasonable long term assumption. With a forecast production price of $1500 a ton (before potential offset credits of $3-4 billion or so of Tin) and potentially the largest none brine deposit in the world, let alone the EU, £37 million looks rather a conservative valuation, certainly by the standard of peer projects.

I am sure you are an expert so why don't you tell me about the problems Chile has had inceasing its brine lithium production?

[thesaltysalmon] 25/9/2016 21:12

Top Reserves

The cheapest source of lithium is brine and the biggest reserves are in Chile, where companies such as Albemarle and Soc. Quimica & Minera de Chile SA harness the sun and the world’s driest desert to evaporate brine from ponds. Codelco, the world’s largest copper producer, plans to develop lithium holdings in Chile’s northern desert salt flats. Rio Tinto Group, the world’s second-biggest miner, has a lithium-borate project in Serbia.

Just as in previous booms, when miners responded to increasing demand for materials by providing too much supply, a potential risk in lithium is that potential growth for new energy vehicles in China is being overestimated, Elsa Wang, senior analyst at consultancy Asian Metal Inc. in Beijing, said by phone. If all current lithium projects proceed as planned, they would deliver about 330,000 tons of lithium carbonate-equivalent by 2020, creating “a bit of an oversupplied market,” according to Citigroup analyst Matthew Schembri.

[letmepass] 25/9/2016 21:06

Looks like salty trying to get in lower.. Best time to add

[thesaltysalmon] 25/9/2016 21:05

Falling prices will lead to delays with ZERO investor confidence

Zeros incomes, zeros assets