Empire Metals Share Discussion Threads

[klosters65] 08/11/2024 13:06

How big ? Where did you get that from ? It would be good to get some semblance of feeling as to why the share price nose dived after such a meaningful news release.

[suffolkjim] 08/11/2024 12:54

This is a surprising question if you've read the last RNS

[the skipper] 08/11/2024 12:10

He is or was a significant shareholder in TYM as well and that has been experiencing a similar sell off over the last few months, although it seems to have petered out now.Checking him out on Company’s House this might be down to the failure of his own businesses and a need to inject more cash into them.

[the skipper] 08/11/2024 12:01

I think that Stuart Packwood might be in a spot of bother and been unloading his holding without submitting a TR1 form as this is the current ownership position on the company’s website: and there’s no mention of him, whereas this is what comes up on Morningstar:

[onedayrodders] 08/11/2024 11:57

That's my point exactly Mike

[mikealig] 08/11/2024 09:28

I've never subscribed to conspiracy theories but it seems clear that someone is determined to keep pushing the price down and shake out weak holders along the way making their job easier. It may be that one of the big boys are planning a cheeky bid for the company, who knows? If so, I hope they're not successful, but I guess the odds are stacked against the PI.

FWIW I just bought a few more at just under 6p.

[sos100] 08/11/2024 08:59

Wish someone would just bid for this....

that 10 bagger crux interview and the share price has halved since😬

[juju44] 08/11/2024 08:38

Been hearing that story for a while .

[onedayrodders] 08/11/2024 08:34

I can only believe this is the greatest opportunity on AIM for decades ... the mm's know this and need to prepare for the buying storm in the near future and this is the final shake out.Nothing else makes sense

[apotheki] 08/11/2024 07:55

Most probably a malfunction!

[apotheki] 08/11/2024 07:51

Yesterdays RNS is up again over @ INVESTEGATE ?!?!?

[geko5trade] 07/11/2024 23:05

Hmm not how I’d describe EEE now. More like master of one that is the Pitfield project.
That now has remarkable consistency of feedstock for a remarkably simple processing route. Yes further refinement required but the big pieces are falling into place. So much so that a more cost effective plant can be factored into the strategy for monetising the asset.
They just have to stay focussed, likely with SB at the helm, and continue. That’s realistic since they’re well capitalised.

[microscope] 07/11/2024 19:10

Not looked here for a long time. Have a rump holding at a loss from Georgia days!! Reading through several RNSs it sounds like they have some really exciting projects, but maybe the market is as confused as I am by the seemingly uncertain direction of the company.Which one would you long termers say is the most promising in terms of recoverability and financial reward? I'm just concerned they're viewed as a jack of all trades...

[apotheki] 07/11/2024 17:25

AIM and small caps generally are still in a bear market but that could start to change after 3 plus long years judging by the recent extremely positive movements in small caps state side.

[manlord1] 07/11/2024 17:20

Hi BSP,Unfortunately the only thing we or SB can control is the business at hand. Buyers not seeing what we do is typical of AIM but fear not, it can't be held down forever. We've been here before, only this time we have a gem on our hands.GL mateML

[onedayrodders] 07/11/2024 17:13

AIM is nothing more than an embarrassing casino Suffolk

[base7] 07/11/2024 17:09

I appreciate that there maybe one large seller reducing but unlikely that market makers would take on much stock so someone must be quietly buying the volume-so at what point might the accumulator have to disclose their holding ?

[redhill] 07/11/2024 16:48

bspgamer

Yes but it would appear to be one large holder unloading into every rise plus almost every day. Sooner or later they will run out of shares to sell.

[juju44] 07/11/2024 16:10

Down 50% in 5 months. Imo due to lots of hope emphasising that product has got a long path to travel before it can arrive in mitt. If all goes to plan then yes its BINGO . Until then its travelling hopefully . Wonder are all the relaxed guys staying relaxed

[geko5trade] 07/11/2024 16:07

I think it's a clear case where in a bull market the published progress and data would cause a rerate whereas in a bear for AIM stocks the only bit of the extremely positive announcement latched onto is, more work to be undertaken...not quite there yet...

[gin_rummy99] 07/11/2024 12:28

https://x.com/empiremetalsltd/status/1854497476356514062?s=46

[apotheki] 07/11/2024 11:40

SP Angel . Morning View .



Empire Metals* (EEE LN) 6.1p, Mkt Cap £39m – Metallurgical testwork results

Empire reports results from its recent metallurgical programme on its TIO2-bearing anatase deposit in Western Australia.

The Company conducted gravity separation and froth flotation on composite samples taken from Pitfield diamond drill core.

Gravity separation created a heavy mineral concentrate with recoveries of 62-80% of the Tio2 bearing minerals, alongside 80-92% of the Fe-oxide minerals.

The mass recovery was 40% for gravity separation, recovering 62% of the titanium minerals with the concentrate grading 9.3% TiO2.

An additional concentrate stream was produced, with higher recoveries at 80% but a concentrate grade of 7.2% TiO2.

The head grade of the screened sample used for gravity separation was 6% TiO2.

The Company notes that ‘the HMC produced will require further mineral processing to separate and recover the TiO2 bearing minerals into a high-grade, high-purity concentrate suitable for leaching.’

Positively, the concentrate was reportedly ‘largely free of the lighter, acid consuming gangue,’ which is likely supportive for the following leaching phase.

The company will also explore the effect of grind size on the particle liberation before passing a concentration through hydrometallurgical testing.

Froth flotation tests were also conducted on the sample, which produced a concentrate containing 60% of the feed mass, titanium recovery of 78% and a concentrate grade of 8.8% TiO2.

The Company awaits mineralogical analysis of the flotation concentrate which will guide further testwork to separate the Tio2 minerals from gangue minerals.

Further work will include iron removal, titanium recovery from the slimes fraction, continued development of the gravity and flotation conditions in addition to comminution studies.

Regarding leaching, Empire suggests that the anatase-based titanium deposit is likely more amenable to low temperate leaching than ilmenite.

Pilot plant discussions are continuing in line with the flowsheet studies, with Empire now looking to a ‘lower-capital and operating cost option.’

Empire has also begun discussions with Government authorities over future funding potential, given Titanium’s position on the Critical Minerals list.

Company has also identified a high-grade zone at Cosgrove, where drilling returned 4.6m at 12.2% TiO2from 15m.

Conclusion: These are the preliminary metallurgical results from Empire’s higher purity anatase weathered zone, which holds potential for low-strip, large scale mining. The Company is exploring options for a heavy mineral concentrate and has made clear progress in today’s announcement. Empire reports the removal of lighter gangue minerals successfully, which will support a leaching phase. Additionally, management has been reassured by the promising rejection of aluminium and silica. Further work is required and Empire will now focus on separating the iron oxide minerals.

*SP Angel acts as nomad and broker to Empire Metals

[klosters65] 07/11/2024 11:38

Nothing seems to make sense any longer. I can only assume that a large shareholder is under the cosh and has to raise funds. Fortunate, for those able to buy at the current price after such a confidence building news release this morning.