European Metals Share Discussion Threads

[runthejoules] 15/2/2017 12:56

I do find it strange, and thought it a tree-shake, but it hasn't recovered fast enough. It may partly be due to the failure to break 80 two mornings in a row, taken as a double-top by Chartists (which s what I should have done) - maybe there are just no more buyers. I should have stuck to my original plan not to try to trade this stock - the climbs have been deserving, and based on news, but just too fast and I shouldn't've trusted them. Still the best-placed lithium mine in the world with great prospects long-term.

[luisfrg] 15/2/2017 12:19

Up we go.....

[cyfalafwr] 15/2/2017 11:57

Support at 70p ?

[the guardian] 15/2/2017 11:45

Shares never go up in a straight line and I suspect that many investors were watching carefully for a pull back with the intention of selling and then buying back in. Let's see what this afternoon brings.

[weller130] 15/2/2017 11:37

Anyone else finding activity today a little strange? Still seems massively undervalued...

[steeplejack] 15/2/2017 10:38

Australia closing price was 79p equivalent.Either London narrows the gap towards its close or it hopes to influence the Ozzie quote lower.A large price disparity is unlikely to persist.I'd guess that the EMH price might nudge back up towards the 77p area.Yet since I have no intention of trying to trade this one,it's not of much consequence.

[luisfrg] 15/2/2017 10:32

Pullback is a buying opportunity

[runthejoules] 15/2/2017 10:20

If you liked it at 80, you'll love it at 72... should have realised a plateau yesterday and failure to stay above 80 this morning. Keep Calm and Read Charts.

[telbap] 15/2/2017 10:13

Considering the meteoric rises, this is a tiny pull back, I was thinking at least 15% consolidation before the next move on.

[jovi1] 15/2/2017 10:04

I think will go little lower and will close flat by the end of the day
But I will stay put for few years at least

[runthejoules] 15/2/2017 08:31

Well, I mistimed that, sold out at 74p, back in a at 73p. Damn slow computer!

[paleje] 15/2/2017 07:58

ASX up again overnight 8%.

[runthejoules] 15/2/2017 07:35

Probably a pull back from the MMs just before results if previous experience with AIM is anything to go buy. Who will have the gonads to sell/stop out and buy back in at the bottom?

[jovi1] 15/2/2017 00:01

I wander when we will get the usual pull back?
Well at least for today we have reach 20% on my long term target

[telbap] 14/2/2017 15:58

I think a general re rate over all lithium players, they are starting to wake upto the fact we are going to need a lot of this resource.

[ssnichani] 14/2/2017 15:41

99 euro cents over in frankfurt :)

[bookwormrobert] 14/2/2017 15:21

Lithium fever seems to be highly contagious - REM is now 8% up today, and Bacanora (BCN) 7%. Obviously, something big is going on behind the scenes. Any ideas anyone?

[banshee] 14/2/2017 14:44

The Euro gigafactory is relatively old news though, whilst the drilling figures though good, were not much different from earlier ones, just a bit of icing on the cake.

eg

[melody9999] 14/2/2017 14:35

Actually I thought this share price move was sparked by Tesla's announcement of Gigafactory in Europe. That bought it onto the radar at the time when the positive drilling news also came out.

New investors would have been attracted by the Tesla comment, exisitng investors by the developing production story

[banshee] 14/2/2017 14:18

10 quid not a chance at the moment. Remember they need to raise 200million or so to go into production. Post FS you might be talking £3.00 or so.

[banshee] 14/2/2017 13:46

A bid at this stage is certainly not impossible, normally there are about 10 bid rumours for every bid, but here it could be different. £1.20? £1.50?

[madmonkflin] 14/2/2017 13:44

Well you only got to look at the comparison to peers, still way undervalued according to that. With the aussies in action tonight could be heading up towards £1 if we're lucky.