Empire Metals Share Discussion Threads

[juju44] 05/3/2024 14:55

Very poor market response

[gta5] 05/3/2024 14:44

3m; 25p, 6m; 62p and 180p in 12m.

[lee181067] 05/3/2024 14:41

Can I ask peoples views on where they feel the share price will be in 3 to 6 months or are we looking at years in terms of development ?Tia

[sos100] 05/3/2024 14:28

New video!

[smart48] 05/3/2024 13:35

SB’s much earlier comment about being a price setter rather than a price taker, suggests that he has always had in his mind producing an end product.
The largest use of Titanium goes into producing pigments.
Being a TIO2 pigment producer would fulfil this brief.

Rutile $2000 a ton, finished pigment product $4750 a ton.

If a $1000 a ton extra margin can be achieved, it will be well worth doing.
China is the dominant player in this market, I am sure Australia would be vey enthusiastic to support developing this industry.

Being in control of the full supply chain, will maximise margins and will increase the desirability of the project to investors/dominant incumbents.

DYOR GLAH

[gta5] 05/3/2024 13:33

I'm like a kid in a candy shop this afternoon.
Another few tucked away just in case.

[smart48] 05/3/2024 12:19

Gold Elegant H.K sold 5 million shares since last major investors update.
That accounts for 50 of the 100k sales.

[smart48] 05/3/2024 12:03

Updated corporate presentation out on website.

[dafad] 05/3/2024 11:53

But not out if the question for a major to take a stake before
then

[suffolkjim] 05/3/2024 11:52

Need to get Bunny in front of a camera I think

[sipptrader88] 05/3/2024 11:52

and remembering the RNS on CSIRO & AXT12/2:- ".................The Company expects results from this programme to provide a better understanding of the mineral assemblage that compose the host rock, including the specific minerals present and their relative abundances. An understanding of the mineral assemblage will provide important information towards establishing the dominant minerals, and especially the titanium-hosting minerals, which is critical to identifying potential ore processing options towards the economic assessment of this giant mineral system."

[sipptrader88] 05/3/2024 11:47

SP Angel (as above)

"We anticipate this will require further studies and testing for the delivery of a ‘rutile equivalent’ product in line with Empire’s strategy."

Hence my reasoning yesterday suggesting in my post 3 X days ago;-

"....but looks good to load up and substantially increasing one's EEE long position on 29th July..(14days after St.Swithin's)..."

I am "best guessing" August will be when the "delivery of a ‘rutile equivalent’ product in line with Empire’s strategy" will become apparent, known, understood and "BOUGHT" GLA

[apotheki] 05/3/2024 11:00

Conclusion: It is promising to see Empire continues to progress the Pitfield project through mineralogical and metallurgical studies.

The conclusion that titanite is the dominant TIO2-bearing mineral is a step forward as it enables Empire to focus on the potential economic extraction of the mineral going forward.

We anticipate this will require further studies and testing for the delivery of a ‘rutile equivalent’ product in line with Empire’s strategy.

This is untrodden ground for the Empire team and various routes will be explored, supported by the Company’s recently appointed metallurgical team.

*SP Angel acts as nomad and broker to Empire Metals

[sipptrader88] 05/3/2024 10:50

The feedstock is not the problem....looks to be limitless!

The low capex and opex potential looks good.

Purely depends on what size operation we go for.

That will determine the projected revenue/profit and the market cap. of EEE.L....

.....the number of shares in issue at that stage will set our share price

So impossible to say at this stage but probably above 11p...lol...lol!

[geko5trade] 05/3/2024 10:49

saint in exile, yes agree the Saudis did. But they have specific knowledge of the industry hence they are able to see the potential.

[timnicebutdim] 05/3/2024 10:47

£2 would do me, I'd be a multi-millionaire at that point

[saint in exile] 05/3/2024 10:41

So £2 then Sipp?

[saint in exile] 05/3/2024 10:40

Geko The Saudis that put in 3million have certainly recognised what the market has not.Fill your boots guys n gals before they do

[sipptrader88] 05/3/2024 10:37

But the real prize will be when the market sees the IRR% at PFS stage...which is a while off yet.

I would expect the £1bn plus market cap at that stage....depends on how much Titanite will be processed each year...and or other jvs etc.

[gta5] 05/3/2024 10:27

sipptrader88, Agree 100%.
And; your MCAP number is missing a load of zeroes. ;)
250M? nah... double maybe?
Happy days.
GTA.

[sipptrader88] 05/3/2024 10:24

GTA5 My thoughts exactly......now that the "elephant in the room" which was holding the share price at current levels...is now just a "whale" ....slowly with a few more (post today's news) podcasts.....we will re-rate.... IMO there is no reason why we can't be a £250k market cap in short order timescales.....50p by end of August....if not before! What surprises me is that sellers are not conceiving this yet!

[801710245] 05/3/2024 10:18

My 'filter-button' is having to do some heavy lifting this morning.

[geko5trade] 05/3/2024 10:15

It ought to be multiples no question. I think it was an incredible stroke of fortune that EEE found this resource and our luck that SB was at the helm when they did. The market isn’t full of geologists and metallurgists so it only values according to past known models. This is unique. SB could see that from an early stage. The market needs convincing and exactly where such rare investment opportunities lie. Mega resource, low cost extraction and processing, high end product with high margin all in stable jurisdiction with infrastructure. All in plain sight. Hence SB is saying we’ve got to build a working model before the broader market grasps it. Of course it may be in advance of that that majors take an interest and that’s something the market does understand. We’ll see...

[saracen3] 05/3/2024 10:04

Slow burn to higher close

[seanlander] 05/3/2024 10:04

Won't be 10p for long. Short term double bagger, long term, well who knows the limits but I don't think you are far wrong. GlahStella day. :))