European Metals Share Discussion Threads

[wrtmf] 07/2/2017 14:06

yes i saw that. doesn't in my opinion justify it being added to list. yet.

[andrbea] 07/2/2017 13:19

offtopic
for wrtmf

I read on the mila thread:

dingo75 - 06 Feb 2017 - 15:38:44 - 18 of 19 Mila Resources - Main Market Investment Shell - MILA
looking perky again
deal news soon i suspect
lithium ?

[wrtmf] 07/2/2017 12:43

andrbea, thanks.

mila, a shell currently?
bnr, as of 30jan: thinking about lithium, but not active yet:

'This exercise culminated in the announcements on 18 January 2017 that the Company had been granted an option to acquire a 30 per cent interest in the Dieba lithium exploration project in Southern Mali, an area adjacent to Birimian Limited's successful Bougouni Lithium Project and had concluded a conditional placing to raise GBP750,000. We are currently evaluating the Dieba project further, with a view to making a final investment decision by the end of February 2017.'

--
will monitor their status.

[andrbea] 07/2/2017 12:26

ref 214

maybe add bnr or mila (who may go after lithium too, one poster said)

[someuwin] 07/2/2017 12:26

Next leg up.

[dssloan] 07/2/2017 11:58

Bookworm should do a little more research on Zimbabwe.

Chinese pull the strings there. In fact, for trading purposes, Zimbabwe now USES THE CHINESE CURRENCY.
If the Chinese wany lithium, they have deep pockets and Prem's peak of 1.6p past summer and 3p+ before will be history.

[wrtmf] 07/2/2017 11:54

...and loads on asx, but if you don't have a capable broker, no point, hence my list was for uk-listed only.

anyway, i welcome your list. cheers.

[telbap] 07/2/2017 11:51

There are quite a few in the good ole US of A.....I will post the names.

[wrtmf] 07/2/2017 10:05

over 50p. nice. we'd have got there sooner if the drilling had been on schedule and finished in sept, but better late than never. as more uk-listed lithium plays pop up, emh will have to shout LOUDER.

approx. chronological order to aim,

rem [worldwide]
bcn [mexico]
emh
sav [finland]
kenv [namibia]/kod [mali]
prem [zimbabwe]

any others?

[bookwormrobert] 07/2/2017 08:19

Hi Equity Growth! I've worked a lot in Russia and the ex-USSR, so I'm very sensitive to the risk of asset seizure by corrupt bureaucrats. I won't invest in any country where the courts are simply a tool of the regime - so no Russia and Zimbabwe.
(BTW, I notice with alarm the ongoing decay of the rule of law in South Africa, and I've pulled a lot of my investments there).

[equity growth] 07/2/2017 08:09

Thanks for your view on PREM the other day bookwormRobert. Zim is risky but Chinese interest may mitigate some of that if played carefully.

[steeplejack] 07/2/2017 07:57

Thanks bookwormRob.I used to squirt redox in the petrol tank of an old banger I owned a few decades ago,I'll take that as an auspicious sign.I'll have a look at RED.Perhaps EMH might take a breather but there's a lot of news flow on the horizon to keep the pot boiling.

[telbap] 07/2/2017 07:42

Please not another PFS, let's have real news, mining, processing, contracts, shipping, invoicing and finally payment!

[telbap] 07/2/2017 07:40

Going to have to be another rns soon to kept the momentum going....maybe they will ave a firm date with a plan for commencement of mining, add to that a processing plant to make the carbonate, a contract with someone for take off of the lithium, happy days ;-)

[sambuca] 07/2/2017 07:35

Up 12% in Aus last night closed at 0.8 - 0.84 equal to 49p - 52p on massive volume for EMH of 1,024,519.

Sam

[bookwormrobert] 07/2/2017 07:09

Hi Steeplejack! I believe that little imp was me - I hope you're not offended!
IMHO BCN is not a bad buy - actually I'd class it as the second best of the lithium plays; but I think EMH is the best.
For diversity's sake, I'd suggest you also take a look at some of the vanadium plays, as the metal is the key element in vanadium flow redox batteries. RED make the batteries, tiny miner BMR have a large vanadium resource, BMN talk a good game but I'm not 100% convinced by them, Largo Resources (TSX) have an operative mine, but are severely hampered by a ridiculous long term exclusive sales agreement with Glencore.

[steeplejack] 06/2/2017 17:45

Some little investment imp,had the audacity to post on the BCN board a month back stating that EMH looked relatively much better value.The price was 37p at the time.Despite doing some homework,I failed to buy...something about 'leading horses to water ' comes to mind.

[runthejoules] 06/2/2017 16:47

I can't say how much I wish I'd sold my BCN at any one of last year's unsustainable peaks and instead whacked it in this stock. Although I invested three times as much in BCN in March last year I'd bet this holding, bought in Nov, is bigger than my BCN by ooh, June. Still, not going overweight, I like to sleep at night...

[wassapper] 06/2/2017 16:39

A nice finish chart-wise. No sudden moves. Shows consistent traded. I added a few more earlier on. Momentum is building here very well.

[herschel k] 06/2/2017 15:08

and undervalued by about a factor of 8 (at least) Banshee...........

I really hope people understand the PFS when it comes out.

[banshee] 06/2/2017 14:54

Growing realisation that EMH is the real deal, ie right place,right time, right resource(s) is pushing this imo.

[bookwormrobert] 06/2/2017 13:45

Basically, the movement here was caused by the sharp rise on the Australian exchange overnight. What caused that I don't know.

[runthejoules] 06/2/2017 13:32

When's the nest news due? Should have topsliced...!