European Metals Share Discussion Threads

[wrtmf] 28/10/2016 06:12

asx. pulled down from 65.5 to 62.5cents in the last hr on very low volume.
lol, a few mins after close, bid moved to 68.5!

quarterly report this morning or monday morning.

[wrtmf] 27/10/2016 21:27

talk of the 'tailings'/waste dump/'spoils' keeps bubbling to the surface.

thanks to grenner, lse, but to which company does the article refer....

--
Handelsblatt Article in German language.

Translation with Google without warranty

Green light for lithium mining in the Czech Republic
Lithium is one of the rarest raw materials, but is indispensable for today's technology. In future, the metal in the Czech Republic may be mined. An environmental impact does not arise because it is "quasi-recycled".

Cinovec. On the Czech side of the Erzgebirge, lithium will be mined in the future. The rare raw material is used, for example, in modern batteries for computers and mobile phones. The ministry office in Most (Brüx) has now given the green light for the mining of the metal, as the newspaper "Hospodarske noviny" reported on Wednesday online. According to estimates by the investors, up to 2100 tonnes of lithium could be present in ore deposits from the former tungsten mining in Cinovec (Bohemian-Zinnwald).

It is the recycling of already digested material, so to speak, recycling, and therefore there are no problems with the environmental protection, "said investor Libor Winkler. In the Chinese spot market, up to 20,000 US dollars per tonne for battery-compatible material are partly paid for. "We start at the earliest in two to two and a half years," Winkler emphasized. Local residents are already worried about traffic through the transport of ore on the road.

Other companies are also interested in the lithium deposits in the Erzgebirge, the largest in Europe. The Australian company European Metals has been conducting trials on the Czech side for two years. On the German side, SolarWorld's Solicium subsidiary is researching the future.

[wrtmf] 27/10/2016 21:11

in to the last half hour, for a time the spread opened to 38.5 v 41
there were about 5 trades in that period, non massive.

i make it mostly buys from 12.21 to 16.15 at prices 40p and above. just 3 sells at 39.5 or 39.515.

unless something not yet reported, false finish.

[wrtmf] 27/10/2016 20:46

after all the hither and thither and churn we ended up at the asx price, pretty much. need asx to pick up the baton and go on a run tonight...

tomorrow, next week, week after... 40p will be overcome.

[sambuca] 27/10/2016 19:10

Had a look at lunch time and thought EMH was proving my post this am wrong, get home this evening and unfortunately not. 40p proving a tough barrier to break I am not much of a chartist but the way I read it if we can break 40p not much resistance until 48p if we cant weak resistance at 35 p then very strong resistance at 30p.
Interested in more knowledgeable chartist then me views. (Not British bulls)

Sam

[wrtmf] 27/10/2016 16:35

pah!
sp manipulation at the end?

[rafboy] 27/10/2016 13:18

6085 top up for me.

[wrtmf] 27/10/2016 12:17

highest achieved share price stands at 42p

does 5 day chart suggest a possible break through 42p late today, early tomorrow...?

[wrtmf] 27/10/2016 12:12

every bit of news is a tick on the checklist of potential partner[s]/predator[s]

[wrtmf] 27/10/2016 09:26

if it gets over 42p today, i'll think it unlikely a finish at 39 +/- 0.5

[wrtmf] 27/10/2016 09:21

quarterly report by monday morning,
9th-11th holes should complete over coming 7 days,
waiting results on 4th-8th holes' cores since 6 oct,
any news you like from left field.

time enough I suggest, to start 12th-14th holes before any potential winter break...

[wrtmf] 27/10/2016 09:17

well there you go... too many buyers!
asx proved false flag

[someuwin] 27/10/2016 08:47

45P+ today imo.

Much news coming to drive this up.

[wrtmf] 27/10/2016 08:41

+/- 0.5p finish today would be sufficient

62.5cents, 39p

[wrtmf] 27/10/2016 08:18

some churn today, push on tomorrow, ready for drill update next week....?

6sep drill update
6oct drill update
next week puts us in a window for another update

potential use of trading bots in oz to create a false -6% to induce sellers on aim?

[sambuca] 27/10/2016 07:23

Down 6.7% in Aus overnight doesnt look like the breakout from this trading range is going to happen this time.

Sam

[telbap] 26/10/2016 08:53

Following yesterday's pattern but in a speeded up mode.....maybe on for 45p today!!

[frankie83] 26/10/2016 07:54

Djfrankie you still think my 45 is ambitious? If we have a good quarterly as well this could be massive... hang in there guys...

[telbap] 26/10/2016 07:47

15% pre market

[frankie83] 26/10/2016 05:43

ASX is going to end close to 70c/ 42p

[wrtmf] 26/10/2016 03:14

indeed!

significant jump in share price on asx, hit high 70c from 60.

there was a clue from previous day's trading. I was watching the asx 'close of day'... the bid went to 65c, before the preopen here went to 39p! [around the time of post 1255].

[frankie83] 26/10/2016 02:42

Today should open well...