Share Name Share Symbol Market Type Share ISIN Share Description
Empire Metals Limited LSE:EEE London Ordinary Share VGG3036T1012 ORD NPV (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 1.375 573,971 08:00:11
Bid Price Offer Price High Price Low Price Open Price
1.35 1.40 1.375 1.345 1.375
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.00 -0.95 -0.27 5
Last Trade Time Trade Type Trade Size Trade Price Currency
14:12:31 O 35,187 1.387 GBX

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Date Time Title Posts
25/11/202122:43New Name hopefully better end game58
08/11/202115:14Empire Metals the next chapter of GEO Part 22,664
18/8/202114:49Engel East Europe815
01/2/202110:56Emprie Metals the next chapter of GEO937
22/9/202013:04PHEONIX RISING137

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Empire Metals (EEE) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-11-26 14:12:321.3935,187488.04O
2021-11-26 14:11:491.36200,0002,710.00O
2021-11-26 14:00:201.3674,0001,002.70O
2021-11-26 14:00:001.3474,000991.60UT
2021-11-26 11:34:511.396,57191.14O
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Empire Metals (EEE) Top Chat Posts

Empire Metals Daily Update: Empire Metals Limited is listed in the Mining sector of the London Stock Exchange with ticker EEE. The last closing price for Empire Metals was 1.38p.
Empire Metals Limited has a 4 week average price of 1.35p and a 12 week average price of 1.35p.
The 1 year high share price is 4.75p while the 1 year low share price is currently 1.35p.
There are currently 328,874,381 shares in issue and the average daily traded volume is 701,733 shares. The market capitalisation of Empire Metals Limited is £4,522,022.74.
investoroilandgas: Thanks GTA5 and likewise with your investments. I'm happy with my EEE holdings in my SIPP and ISA's (averaging 1.86p), the problem is with my EEE holdings in my Trading Account, my average is over double the average in my SIPP & ISA's. Those Noricum Gold shares & that horrendous dilution really skewered me! Come on Shaun, give long suffering EEE shareholders an early Xmas present please !!! GLA
germangrim: Shares188, why do you seem intent on putting down EEE? We've got alot in play, granted the share price isn't what it should be but you seem like an embittered individual who lacks something in life, I'm thinking an actual life. Send me your bank details and I'll transfer you a few hundred to go relieve your obvious frustrations!
investoroilandgas: I managed to top up EEE shares in my ISA @ 1.70p this morning, I then tried to top up my SIPP with a similar investment, price had jumped to 1.77p in 60 seconds, I bought them. Here's hoping that EEE get a decent set of drilling results. GLA
seanlander: With interest at three different sites, Austria, Eclipse looking bigger than we thought and Menzies currently being drilled, how can this share price stay low much longer? I'm hoping it does for another week so I can pick some more up after payday!! Come on EEE!
bspgamer: DATE01.09.21The New Empire – Part I "...with the share price once again at rock bottom Empire may still be one to watch if it can find a way of taking advantage of at least one of the several new opportunities it has given itself by undertaking the difficult process of change..." The tough process of transformation embarked upon by gold miner Empire Metals (AIM:EEE), attempting to pivot from a long-time focus on Georgia to fresh assets in Western Australia, has tested the patience of investors. The company's share price has fallen away dramatically over the few years, and its most recent operations update on its flagship Australian venture disappointed many investors. But with a new position carved out in a highly prospective region there may yet be grounds for believing Empire can reinvent itself.The company's previous flagship, a 50pc interest in the Bolnisi Copper and Gold Project in the Caucasus mountains, had been sunk by a long running dispute with the Georgian National Agency of Mines over the extent of the licence. After protracted negotiations with prospective buyers, Empire finally reached an agreement this year to sell its holding for $3.3m to project partners the Caucasian Mining Group.New horizons Messy as it may have been, the sale injected a vital shot of capital into the company's efforts to reorient itself towards Western Australia. Last year Empire took its first big step on its new path by acquiring a 75pc interest in the Eclipse Gold Project, centred on a historic mine located 55 kilometres north-east of Kalgoorlie. The mine, which has changed hands several times since the turn of the last century, was sunk to its current depth of 78 metres in 1910, and has recorded historic production of 954 tonnes at 24.6 g/t gold for 754.25 oz gold. Sporadic re-exploration since the 1990s has hinted at the mine's continued potential. A 2014 drilling programme identified high-grade mineralisation within a 30 metre zone either side of the main Eclipse shaft, and soil surveys have indicated elevated gold concentrations in portions of the Project's mineralised system. Two additional targets have also been identified, the Houdini and Easy prospects, north-west of the main Eclipse shaft. Empire completed a placing last November to raise £2m to support exploratory drilling.Reverse circulation (RC) drilling at the Eclipse shaft and the Houdini prospect last autumn recorded intercepts including 14 metres at 3.78 g/t gold from 22 metres, including 1 metre @ 21.4 g/t gold, and 1 metre @ 16.65 g/t gold, and a second phase early this year confirmed several veins running in parallel to the main Eclipse vein, including an anomalous stockwork style of near-surface mineralisation in the vicinity of old workings called Jack's Dream.Empire doubled down on its Australian focus in May, when it took a controlling interest – also 75pc – in the Central Menzies Gold Project 90 km north-west of Eclipse. The Project, comprising four exploration licences covering a granite-greenstone belt within the Menzies Shear Zone, is circled by the 320,000oz @ 2.1g/t gold Menzies Gold Project operated by ASX-listed Kingswest Resources, and is directly south along the strike of the 15 kilometre Yunndaga line of workings, which has a historic metal inventory of 1.1 million ounces (Moz) of gold. Historic drilling at Eclipse undertaken by previous owner Mel Dalla-Costa, a well known figure on the Western Australian gold scene, encountered several high-grade intercepts including 5 metres @ 19.59 g/t gold from 30 metres, and 3 metres @ 5.15 g/t gold from 35 metres. Under the agreement Empire will spend AUD$500,000 on exploration at Central Menzies within a nine-month option period, with the right to exercise the option for AUD$1.75m in cash and AUD$1.25m worth of shares.Empire pursued another prospect in the region last year, signing a Binding Heads of Agreement with ASX-listed Artemis Resources Limited to acquire a 41pc interest in the Munni Munni Palladium Project in West Pilbara, a 64 km2 exploration licence with a JORC-compliant Resource of 24Mt @ 2.9 g/t Platinum Group Element (PGE) and gold. Empire undertook a brief drilling programme last June, but as with its former Georgian assets, Munni Munni has been troubled by ownership issues. Last summer Artemis was served a writ of summons by its joint venture partner Platina Resources Limited, which claimed that the agreement with Empire breached the terms of the venture. Artemis is defending its position against Platina's claim in an ongoing dispute.Empire changed its leadership in June to reflect its new Western Australian focus, appointing Shaun Bunn as Managing Director, a metallurgist with more than 25 years' experience in the region's gold mining sector.This summer's drilling The company has made progress at both Eclipse and Central Menzies this summer. It started exploring Central Menzies, aiming to verify the RC drilling data it inherited, and to acquire fresh geophysical survey data. Last month Empire reported that soil sampling and analysis of historic drilling data had identified two mineralised corridors with elevated gold concentrations, allowing the company to design a 2,100 metre drilling campaign expected to be completed later this month. Empire anticipates 'adding further drilling targets to the development plan as we complete ... geochemical mapping'.This summer's drilling at Eclipse has sought to test the extent of previously identified mineralised systems, particularly around historic workings at Jack's Dream. In July Empire announced that 19 holes had been drilled for a total of 1,893 metres, and three core diameter drill holes for a total of 201.1 metres, discovering 'several parallel veins in addition to the main Eclipse vein', and confirming intercepts from previous RC drilling. Operations also revealed a previously unidentified mineralised lode, referred to as 'Twin Shafts', running sub-parallel to the Eclipse vein. Significant drilling intercepts included 5 metres @ 3.54 g/t gold from 126m downhole at Jack's Dream, 4 metres @ 4.78 g/t gold from 66 metres downhole at Twin Shaft, and 2 metres @ 3.65 g/t gold from 53 metres downhole at Eclipse.But late last month a long, and rather cautiously worded, update announced a shift of focus. Of the more than hundred drill holes drilled over three exploratory programmes over the past 12 months, only eight had encountered significant gold intercepts within the oxidised zone within 30 metres of surface along strike from the main Eclipse shaft. The company now thinks 'the main gold mineralisation at Eclipse is more prevalent at depth' and 'is perhaps orders of magnitude larger than originally anticipated.' It therefore 'believes that the development of a small-scale open pit operation is not the optimum path for unlocking the value of Eclipse, and may ultimately lead to the sterilisation of the higher value gold mineralisation within the high-grade primary lodes and supergene enrichment near the base of weathering.' Further drilling will be necessary to 'expand the exploration and development focus on the wider potential that is offered by combinations of the Eclipse lode with the Jack's Dream extension and Twin Shaft lode with the objective of delivering a larger mineralised inventory to advance towards feasibility stage'. A subsequent update stated that 'we are completing our initial assessment of the small-scale mining opportunities at our Eclipse Gold Project' and expects to provide a technical update shortly.Looking ahead The change of plan left the markets uncertain about the company's ability to execute and fund drilling at greater depth, the cash generated from the sale of its Georgian assets notwithstanding. Empire's last set of results, published in April, prior to the sale, stated a cash position (as at 16 April 2021) of £1.23m. A year-end loss of £572,989 was reported (31 December 2019: £675,592).Empire's share price has been battered over the past few years as its Georgian venture has run aground, and investors are yet to be convinced it can successfully engineer its shift in focus. Riding high at 25p four years ago, the company's stock price nosedived to just over 1p as its Caucasian venture foundered. The price rallied somewhat last year as the company made efforts to reinvent itself, entering 2021 at 4.6p. But after the mixed news from Eclipse it was back down to 1.65p at the time of writing. Earlier this week Empire's directors tried to shore up confidence – and perhaps quash rumours of a further placing – by increasing their stake.Current and prospective Empire investors understandably want results sooner rather than later in Australia after several frustrating years. Empire must demonstrate it has a convincing and affordable plan if it is going to have an opportunity to realise Eclipse's potential. But if it can forward a plausible programme a case can still be made that the company may come good. It has taken action to extricate itself from its Georgian difficulties, staking out a new position in one of the world's most prospective gold regions. It is embarking on initial drilling at Central Menzies later this month. Eclipse still looks good on paper. And at some point there may be a positive update regarding the Munni Munni prospect. There are a lot of 'ifs'. But with its share price once again at rock bottom Empire may still be one to watch if it can find a way of taking advantage of at least one of the several new opportunities it has given itself by undertaking the difficult process of change.Managing Director Shaun Bunn joins us for a podcast interview to expand further in "The New Empire – Part II" later this week...
investoroilandgas: Thank you and ditto. I need the share price to more than double now (which I hope it will) to sort the problem out with my Trading Account EEE shares, I bought too many Noricum Gold shares in 2011 - 14, lesson learned! I have bought a few EEE shares recently for my ISA's & SIPP in the 2.0p range. Good luck to all EEE shareholders. PS - What a pleasure to post here, my oil stocks are plagued by some unsavoury characters.
pauliewonder: Interesting development. Well short of the $7m CAD, which I make the $3.3m USD to be around $4.0m CAD. However, the big bonus is that it is all cash rather than shares. So for me, it draws to an end a horrible drag on the share price and gives us a warchest to go and dig up some value in Aus. I would definately have settled for this development this morning. I reckon we should see a good strong increase in the share price over the coming days given that the MCAP is only circa £9m and we now have plenty of cash and some great assets. Looking forward to smashing on forward when the market wakes up to this development.
gta5: Yes saracen3, except there isn't anything "Excellent" delivered yet. We don't have a new CEO, no news from Georgia and eventually JORC might be positive or... negative. All has been delayed and defferred, while costing millions of the raised funds over the years. Australian listing adds zero value to AIM holders but ends up diluting further, without new results necessarily. The problem GEO/EEE has, is its years of mismanagement and broken promises. Struthers has admittedly kept it alive against all odds and is on the verge of turning it around, but the share price will only really recover if there are tangible results. I.e. GEO JV cash in the bank. Ounces of gold sold, Candelaria money in and a credible CEO delivering tangible results. In the meantime, all delay is hammering the share price and draining credibility. I'm happy to be in at current prices, but it's not like this is a cashmaking machine that is undervalued. It's been a dog and is priced and valued as such. The reason to be positive was on the credibility of Struthers and Eclipse, but struthers has left the CEO position and no one with equal or better credibility is left to steer the ship into production. 3p is quite reasonable with that in mind. JORC might help, but to really turn it around we need a lot more than words and estimates.... I also look forward to a new CEO and early production -if the numbers stack up-, but I won't be popping the champagne just yet. GL, GTA.
jezzoo: What ?They have been drilling holes from the sake of it for as long as can remember, all the way from NMG, throughout the nothing that was GEO and now EEE.Have they actually produced anything ever ?This is not deramping, it's based on fact.Until they actually sell something they have dug out of the ground they will always be a vehicle to keep the BOD in champagne and prawn sandwiches.Ramping trying to raise the share price so you can get out is shameful. I've been here since NMG so I would like some uplifting share price action too.
burtond1: A Golden Eclipse for the Empire..."...The #EEE share price spiked at 5.69p in early November. With results from its latest work programme due in the next month or so the @Empiremetalsltd share price may be set to break out once again..."https://total-market-solutions.com/2021/01/empire-metals-ltd/
Empire Metals share price data is direct from the London Stock Exchange
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