Empire Metals Share Discussion Threads

[jelignite] 08/10/2024 19:52

I do have a fondness for Coober Pedy.Known for its underground houses and rich veins of opal, there's no shortage of interesting attractions in this iconic dessert town.If one has watched Opal hunters then one will understand.

[geko5trade] 08/10/2024 17:19

jelignite, absolutely. See my previous post regarding Lithium exports. Just as currently the processing is seen as the obstacle with EEE it may one day soon be seen as its strength as Australia sees the value of retaining in house. Especially when that is a relatively low carbon footprint.

[jelignite] 08/10/2024 16:30

Looks like they just want to dig it and give someone else the problem of processing it."potential as large tonnage direct shipment ore"

[onedayrodders] 08/10/2024 15:54

"The Muckanippie suite is a rare and highly fertile layered intrusion, and this titanium discovery including high-grade, high value, titanium ores as HEAVY MINERAL SANDS"

ie expensive to extract and low grade in comparison to hard rock

"Ilmenite sourced from either “hard rock” igneous
deposits or from LOW-GRADE SAND operations"


regards
ODR

[redhill] 08/10/2024 13:16

Seems they are somewhat behind Empire in bringing the product to market but none the less a very interesting find.

[mischief12] 07/10/2024 19:07

Well said REDHILL, the only thing I would add is I think it's actually 5.9 billion shares now. And 5 billion of them have been added in roughly one year. Certainly not a company in line with their LTHs.

[redhill] 07/10/2024 17:21

There are 5.32 billion shares outstanding on HE1. That's a good enough reason not to go anywhere near it.
Very much a jam tomorrow Company and its in Tanzania from where i have just exited with Shanta Gold. Stable regime at present but the government does tend to get greedy.

[goldrush] 07/10/2024 15:24

I waited patiently as long as I could....Placings always take a week or two to play out so decided on a little 100k top up rounding off my holdings 45 mins ago @7.10 ....

The placing needed to be done to top up the coffers....Onwards and upwards I say !!

[rupple] 07/10/2024 11:11

Cheers Roddy
Thank you. That is what I couldn’t quite see :o)

[onedayrodders] 07/10/2024 11:07

rupple ... I get where you are coming from but HE1 have completed PFS and applied for mining license and as far as I understand no question marks over product, extraction and commercialization.

We will tick those boxes off in good time IMHO but are not there yet.

ODR

[rupple] 07/10/2024 10:40

Totally agree which is why I can’t quite work out the market cap difference

[suffolkjim] 07/10/2024 09:28

Reading through the forums for HE1 makes me so grateful to be in EEE. Also makes me reflect on just how far we’ve come in such a short time, in such a great location

[klosters65] 04/10/2024 11:13

No comparison whatsoever ! Try Sovereign Metals Ltd . Then you may get a more fulsome response.

[rupple] 04/10/2024 09:05

In what respect please?
The reason I ask is more to do with market cap. And where we are as opposed to where they are along the production line
:o)

[redhill] 03/10/2024 14:38

No comparison whatsoever !

[rupple] 03/10/2024 12:31

Can I just ask without any plugging intended, where you believe we are relation to HE1 or similar?
I just feel we have a lot more going for EEE or am biased and blinkered?

[manlord1] 01/10/2024 12:10

Great site for all things ASX relatedhttps://www.asx.com.au/listings/listing-considerations/listing-requirementsML

[manlord1] 01/10/2024 12:08

Hi Geko,Again, I do personally believe they went with their best expectations & a hope that the market would value this project accordingly. SB said himself in the Crux interview (can't remember which one) that people might not really believe they have a unicorn being too good to be true, followed by him saying well it is true! Seeing is believing and the confirmation of extracting the Ti02 will be a line in the sand, one where there is hopefully no return to single digits. ML

[manlord1] 01/10/2024 12:04

Hi GTA,I can't really disagree with you as most of what you, I & others have said today are partially correct & potentially possible. Hard to know but yes, patience will hopefully be rewarded.ML

[manlord1] 01/10/2024 12:01

Hi Klosters,ASX requirements would be met currently and once advisors were announced, it would be a 5 months lead time to open. 1) Minimum 300 non-affiliated investors at A$2,000 each2) 20% free float3) Profit test of A$1 million aggregated profit from continuing operations over past 3 years + A$500,000 consolidated profit from continuing operations over the last 12 monthsOr4) Asset test of A$4 million net tangible assets / A$15 million market capitalisationBased on that I would assume that the ASX potential listing (no facts) didn't have anything to do with it. ML

[geko5trade] 01/10/2024 11:10

Fair enough! Still I share manlord’s view that they had the reasonable expectation that the share price would be considerably higher given news flow. In the end company directors have to make best guess judgement calls and don’t control market forces.

[gta5] 01/10/2024 10:31

Geko5trade; of course "Cash-Cashburn" is only an exaggeration to make a point about the low credibility of AIM and AIM constituents.
GL, GTA

[napoleon 14th] 01/10/2024 10:21

Diliutive fundraises usually create a grumble. Many points above are good - weak
smallcap/AIM mkt ( EEE down to 7p support from 12p hi ), but even at cheapo prices,
and not forgeting that at least there was no heavy discount.


I approve IF:
1. It means we can buy kit & process the anatase and progress to +ive cashflow.
2. Get an ASX listing in the country that could fund us, &
3. Get Ozzie grant(s) to further develope the rest of the site (without flooding the market in view of expected resource size!).

Much the same applies to GGP, another I have since 2.5p