European Metals Share Discussion Threads

[frankie83] 20/10/2016 15:48

Looks like next week for the news then...

[wrtmf] 20/10/2016 12:28

started the week at 30.5, i recall, can we finish up on the week?

[wrtmf] 20/10/2016 03:57

oz trading volume uplift from virtually zero the last couple of days to 250k so far tonight, share price buoyed by the reverse on aim.

dare I say it, news in the wings.....

[wrtmf] 19/10/2016 22:06

nice intraday reversal

[wrtmf] 19/10/2016 02:49

new presentation from asx:gxy



comparison of asx listed lithium companies, page9.
unfortunately, no enterprise value:resource ratio figures

[wrtmf] 18/10/2016 10:54

good find. emh probably sorting through all the data in relation to competing processes, whilst the testing phase is over, imho.

[myst1] 18/10/2016 07:58

Noticed the article below, which discusses the L-Max Technology Lithium Extraction Process...

The following extract could be significant!

'The process has been extensively tested in a series of batch laboratory tests using ore from Lithium Australia and European Metals Holdings'

[wrtmf] 17/10/2016 06:48

intraday reversal in oz

[wrtmf] 16/10/2016 13:38

given that we're hovering just above 30p, I think from monday open to friday close we'll finish up on the week; metallurgy news must be awfully close by now.

[wrtmf] 16/10/2016 13:34

a bit more from 'fingers xed', hotcopper:

'No Idea Tukebay , only spoke to him to get contact with Pavel , was Pavel whom picked me up and did tour . And yes after site visit the most undeniable impressive thing that I took from the tour and discussions ( whilst always professional ) was the fact that there was clear vision working to an end , there was no sign of doubt , maybe or if . It just felt that they know where we will be at end 2018 . Obviously , by now we have attracted worldwide recognition and all eyes are upon us , I can only assume off take agreements and the like have already been discussed in some form or another , and again can only assume that our management will employ their stratedgy with clear vision and respect to all share holders . I feel that the steps are all in motion and to coin a phrase one week at a time . These guys are no fly by nighters and have the experience and skill to bring this project to fruition . And I expect under their terms , which will be good for all of us . Have no doubt now about my price target of $5.00 which will value us around a couple of our peers that EMH keep mentioning .
GLTASH and stop selling to the poms'

'No , there cost estimates publicised would be accurate wouldn,t matter if they were out by $200 up , we have $57 billion worth under ground , as i have stated b4 this is shh... loads plenty for all. not disclosed but my bet is a partner in manufacturing vehicles / batteries or flat out arlbermale .Albermale want 50 % of market .'

'You are quite right Grizzle , Caltex Australia have already indicated the need to diversify away from oil . There will be no shortage of possibilities . Rio Tinto are already in Lithium in Serbia . When you have the largest mine in anything and with a low ball cost structure everyone will want you . And don't forget we already have a viable mine with old extraction methods that are proven . The concept here is to be the biggest and lowest producer . Just a matter of time to put the puzzle pieces together .'

[ahbroad] 14/10/2016 21:06

Cheerio then

[djfrankie2] 13/10/2016 21:08

Excellent piece from wrtmf looking like another REM I have said before where one is not sure if they will live long enough to get any rewards Production end of 2018 it is for that reason I am out.

[wrtmf] 12/10/2016 22:42

tweeted by emh

'Wroclaw is approximately 300km from Cinovec by road....'

[wrtmf] 12/10/2016 08:35

a day closer to news, be it from dorfner and/or a final decision on 4 competing metallurgical processes...

[wrtmf] 11/10/2016 15:08

fab post from 'fingersxed', originally a poster on hotcopper, before also joining lse, mentioned late aug/early sept of european trip, inc cinovec visit...

his report back...

'Hey Guys , slightly changed my itinerary , and have been busy doing nothing in Mykonos , am going to Santorini tomorrow for three days , Just woke up from a nap on my deck chair overlooking the port of Marikia, after I had done half a caraffe of wine and a beer or two for lunch . It,s 26 degrees for those Melbournians , blue skies and just gorgeous .
Yes had a lovely lunch with Parvel and Otto at the golf course near by , We have an office and store yard down the hill from the main old shaft . I was pleasantly surprised that both gentleman are hands on , Otto was cutting cores with diamond saw . Seemed to be only two other employees , a nice looking female engineer and another guy who is probably jack of all trades . Very lean is what I pictured , we don,t even have a fork to pick up the cores . At the time I arrived we had just sent 800 kg to be assayed , the results were estimated 4 weeks , One core was still on the floor that missed the truck , the color of which was explained to me to have high grade lithium .( untested of course ) . Management have been buying local property for axcess for the future , They toured me around to prospective sights of establishing plant . I was enthused by the way that were nontiallantly working to an end , Ie wasn't IF , The little things to progress are also as important . The tailings were visited , and was suggested that these may be pumped further down the hill by pipeline to be processed in the main town . Apparently Solarworld,s tenament is up for sale at 35 million euros which is only a quarter of what we have , so do the maths of what Solarworld would value our side right now . I think this is a valuable assesment of a close peer . It appears we are waiting on confirmation of another tenament directly south of us , and was explained that the earth repeats what we have on this tenament , possibly double what we have ?? Parvel was invited by Forbes Czech ( yes forbes have a branch in Czech Republic ) to do an interview , apparently we getting considerable internal exposure now and the local mayor is on our side to get this thing up and running . In fact all the locals are keen . Parvel also mentioned many phone calls are recieved about Lithium from all industries . So all in all it was a positive visit , as an investor am extremely pleased with our team , intelligence and dilligence . Would not sell a share for the life of me , this is not an IF that I assessed , it was a when . Production still aimed at late 2018 .'

[wrtmf] 11/10/2016 10:17

mention of the met analysis completion [near term] in the last 2 drill updates; totally agree with following:

tukebay, hotcopper:
[extract]
'Yesterday's vol was the lowest since 25 August - and look what happened to the share price very soon thereafter. KC referred to the met work announcement again in their drilling report, so it can't be far away. I have stated for a long time that I believe this announcement will be of great importance to the company and very price sensitive. I also believe that if the preliminary met results weren't looking good, then KC wouldn't be making reference to them so frequently, thereby effectively "setting the market" for their release.'

[wrtmf] 10/10/2016 11:46

'On Sept. 2, Samsung announced a global recall of 2.5 million Note 7s due to faulty batteries which caused some of the phones to catch fire. It ordered new batteries from another supplier and started shipping replacements to customers just two weeks later. But similar problems arose with a replacement Note 7 on Oct. 5, which began smoking inside a Southwest Airline flight in the United States. Samsung shares, which have rebounded after an initial sell-off on the recall, closed down 1.5 percent, compared with a 0.2 percent rise for the broader market. "I think the cleanest thing to do is to give up on the Note 7," said HDC Asset Management fund manager Park Jung-hoon, whose fund owns Samsung shares.

--
no small amount of lithium taken out of circulation. just to emphasise, battery issue, not lithium issue.

[wrtmf] 10/10/2016 11:11

28 jul 2016 'cinovec lithium/tin project'
5 sep 2016 'cinovec lithium-tin-tungsten project'

[wrtmf] 09/10/2016 09:29

from rns 6oct,
'In the lowest parts of the drillholes, unusually elevated grades of niobium and tantalum were recorded, with the best individual samples of 510ppm Nb and 212ppm Ta (CIW-20).'

[myst1] 06/10/2016 21:39

The below is a translated German article from the same company, following this mornings announcement:


European Metals Holdings Limited (SIN: AU0 0000 0EMH5, WKN: A1 4XRL, ticker: E861, ASX: EMH) is pleased to announce that stock check research the following article about the company has written:
Europe s largest lithium storage facility is even greater than accepted - excellent drilling results up to 850ppm lithium

summary:

our current top-lithium share European Metals Holdings Limited (SIN: AU0 0000 0EMH5, WKN: A1 4XRL, ticker: E861, ASX: EMH) reports this morning excellent drilling results of up to 850ppm lithium. This is expected to Europe's largest lithium storage facility is much greater than previously assumed. By 3.4 to 5.3 million tonnes LCE is Europe s largest lithium storage facility by the ongoing exploration work revised upwards. Our Lithium-Top-Pick European Metals Holding Inc. should therefore soon with a clearly upward revised Resource Estimate to offer. Courageous and risk prepare investors beckons one course chance up to 390% with this Top-Lithium-share.
The two northernmost drill holes of European Metals Holdings Inc. point to a considerably larger lithium reserves in Europe's largest lithium storage facility. Drill hole CIW-19 reached 53.1 m with an average of 0.35 % Li2O (25 - 78.1 m) or 144 m with an average of 0.37 % Li2O (85 - 229 m), including a high level of part of 10.8 m with 0.71% Li2O (103 - 113.8 m). Drill hole CIW-20 contains 98 m with an average of 0.35 % Li2O (28 - 126 m), 16,85 m with 0.33 % Li2O (132,15 - 149 m) and 60 m with 0.49% Li2O (154 - 214 m), where the last high-grade part sections with 0.67 % Li2O to 9 m (160 - 169 m) or 0,85 % Li2O to 12.1 m (174 - 186,1 m). Our Lithium-Top-Pick European Metals Holding Limited wants Europe's largest lithium storage facility by the ongoing exploration work still significantly upward revision. By 3.4 to 5.3 million tonnes LCE is Europe s largest lithium storage facility are still growing. The share price rally of lithium shares of European Metals Holdings Limited, according to the pioneering messages go forward.

[wrtmf] 06/10/2016 17:44

cheers myst1

[myst1] 06/10/2016 13:23

The below is a translated German article from 4/10/16:

Link to the complete article of Aktiencheck Research on European Metals Holdings Limited:


Summary:

The largest shareholder of our lithium toppick European Metals Holdings Limited (SIN: AU000000EMH5, WKN: A14XRL, ticker: E861, ASX: EMH) is investing another AUD 3 million in the developer of the largest lithium deposit in Europe. Major shareholder Rare Earth Minerals (REM) has been the largest shareholder of European Metals since July 2015 and is continuously increasing its shareholding through placements and market purchases. REM currently has a market capitalization of around 93 million AUD. This ensures the financing of further steps towards a feasibility study. Bold and highly risky investors have a track record of up to 417% with the lithium shares of European Metals Holdings Limited.
The car manufacturers Volkswagen, BMW and Daimler are also likely to have an eye on Europe's largest lithium deposit. Right on the German-Czech border, in the heart of Europe, there is a huge lithium deposit of up to 5.7 million tonnes of lithium (LEC). The competitors, which are highly traded on the stock exchange, are rated around 5 times as high. Bold and highly risky investors are expecting 417% of the lithium shares of European Metals Holdings Limited.
Our Lithium Top Pick European Metals Holdings Limited controls the largest lithium deposit in Europe. The huge lithium deposit located in the heart of Europe has a lithium resource of a tremendous 5.7 million tonnes of lithium carbonate equivalent. The price of lithium carbonate has increased fivefold from EUR 4,000 per tonne to more than EUR 20,000 per capita since 2014. The metal value in the soil of this colossal lithium deposit is thus up to 114 billion EUR.
The lithium deposit facility Cinovec, located directly on the German border, has the potential for a world-class lithium project. The lithium resource of the Indicated and Inferred categories is a massive 5.7 million tonnes of LCE. The current resource estimate is to be significantly increased by means of the current drilling. The resource estimate is to be increased by 3.4 to 5.3 million tonnes of LCE using the currently available drilling measures. This would make Cinovec the largest lithium project in the world (non-salt water).
Our lithium top pick European Metals Holdings Limited remains significantly undervalued compared to its competitors. Despite the enormous lithium deposit of an estimated 5.7 million tonnes of lithium carbonate, European Metals Holdings Limited currently has a market capitalization of only EUR 49.7 million (AUD 72.5 million) on the stock market. The company's value in European Metals Holdings is EUR 8.72 (AUD 12.73) per ton of lithium carbonate. The highly-traded stock market Highflyer Pure Energy and Lithium X Energy are rated 5 times as high. Lithium X Energy is currently investing EUR 52 (AUD 78) per ton of lithium carbonate. Pure Energy Minerals comes from a company value per ton of lithium carbonate of 45 EUR (AUD 67.5).
Europe's largest lithium project could become a strategically indispensable supplier to Europe's auto industry. Even now, European Metals Holdings Limited is likely to be in the sights of the autonies VW, Daimler and BMW as well as the battery manufacturer Samsung, LG Electronics and A123 and could soon become a takeover candidate.
We therefore reaffirm our assessment of "Strong Outperformer" for the lithium shares of European Metals Holdings Limited. The price target for 12 months of EUR 1.50 will confirm. This equates to a 287% bailout for bold and risky investors. At 24 months, we believe a price target of EUR 2.00 is realistic. This equates to 417% for the lithium shares of European Metals Holdings Limited.
> Link to the complete article of Aktiencheck Research on European Metals Holdings Limited: