European Metals Share Discussion Threads

[someuwin] 30/3/2017 19:50

David Lenigas‏ @DavidLenigas · 4 minutes ago

I can't wait to see real numbers from @CzechLithium on Cinovec Lithium shortly. The world and Germany is going to need the lithium.

[rafboy] 30/3/2017 18:08

You don't mention it unless something is happening I suggest. Big day tomorrow here and it will be interesting to see where Australia goes overnight. All my personal view.

[ahbroad] 30/3/2017 17:52

How many hundreds of millions are they prepared to spend I wonder?
Or more perhaps

[bookwormrobert] 30/3/2017 17:36

Well, well! My interpretation is that EMH are in talks with BMW and partners about an off-take agreement, or perhaps a full JV. This news leaked in Germany (hence the incredible number of shares traded in Frankfurt today) and the company felt it had to respond to the leak. All IMHO, of course.

[luisfrg] 30/3/2017 16:58

Let's hope for a good tie up with BMW...


30/03/2017 4:39pm
UK Regulatory (RNS & others)

Europe Met (LSE:EMH)
Intraday Stock Chart
Today : Thursday 30 March 2017

Click Here for more Europe Met Charts.
TIDMEMH

RNS Number : 0783B

European Metals Holdings Limited

30 March 2017

30 March 2017 For immediate release

EUROPEAN METALS HOLDINGS LIMITED

("EMH" or the "Company")

Update on Pre-Feasibility Study

The Company announces that all reports pertaining to its imminent Preliminary Feasibility Study ("PFS") have been completed and are currently being collated. The Company now looks forward to announcing the key financial output of the PFS in April 2017.

The Company notes the recent increase in its share price on ASX, AIM and the German bourses today and draws shareholders' attention to the article published in Automotive News Europe within the past 48 hours discussing BMW's plans with regards to securing lithium supplies in Europe.

And here is the article they are referring to....

[luisfrg] 30/3/2017 16:48

RNS just out after hours😆

[banshee] 30/3/2017 14:52

Rhubarb is the new lithium

[herschel k] 30/3/2017 14:18

this is so undervalued IMO - hopefully the PFS will ensure we get sufficient coverage so that the rest of the world knows it too...........

I see the share price being way higher in the next year or two and am holding tight to my shares.

H

[runthejoules] 30/3/2017 14:18

Yep, I should have sold BCN on so many occasions. There's been plenty of hype spikes to do so. I need to be more cynical, and should have sold out here on the last news then bought back in a few days before news due. But, fomo prevented me from adding a 15% profit, as it has recently with KOD. (My titchy stake wouldn't've affected the price, don't worry). I do hope there is news of offtakers coming with the pfs, I think we already all know it's going to be a corker and that that's baked in. Could be as much lithium in the ground as you like unless someone's going to buy it (if you're reading this, Peter Secker!)

[rafboy] 30/3/2017 13:22

EMH are right place and right time. So many car manufacturers and others turning to electric vehicles or similarly run machinery. PFS is coming in the next few days and the share price has started to rise in anticipation. However, I believe we are still in share price infancy here at EMH and there is a very bright future ahead for the company.

[someuwin] 30/3/2017 13:11

European Metals‏
@CzechLithium

"Lithium next German power play?" Strongly believe this is where it's going in Europe. …

[someuwin] 30/3/2017 13:08

European Metals‏ @CzechLithium · 49 minutes ago

European Metals Retweeted ŠKODA UK

Skoda joins the EV party, Headquarters are 120km from Cinovec...


ŠKODA UK‏Verified account
@SKODAUK

Meet the ŠKODA Vision E, our first electrically driven and autonomous driving concept car. The future is electric!

[banshee] 30/3/2017 12:47

KENV look interesting but are at a point where they could announce (further) operational delays/setbacks, whereas EMH are unlikely to be at that point for some time. Certainly worth watching closely.

Alos I am a bit wary of why KENV got rid of their well connected director recently whose praises (and essential contribution with the namibian govt) they were highlighting just a few months ago.

[bookwormrobert] 30/3/2017 11:16

FWIW, I think Bacanora (BCN) are greatly handicapped by their own management, who pay themselves far too much and move far too slowly. Reading the tea leaves, they've also quarrelled with Cascade/REM, their biggest shareholder. For me, it's a classic case of "look at the people first, then at the deposit". Much much happier with the situation at EMH.

[scrutable] 30/3/2017 11:14

BCN is not remotely comparable although the cap values are close. It does not have the substantial cost reducing advantages of co-deposits of Tin, and Wolfram, nor infra structure, eg road and rail access from previous drilling. The resource is probably much larger as we may learn from the imminent pfs. It is also much closer to the points of consumption, and should be commercialised much sooner.

A resource already producing for sale is Kennedy Ventures (KENV), who have yet to establish how much Lithium they have as a bonus in their Tantalite Valley mine, but are already producing significant quantities of tantalum, pre sold in take -off agreements from one of the largest global consumers

[steeplejack] 30/3/2017 10:35

Agreed.KC comes across as very energised and competent.BCN has got itself into spats with REM and superficially things on the Sonara front appear to be drifting.Thereagain,BCN has a deposit exposure in Europe now,which is where the action is.BCN looks similarly undervalued,if less dynamic.

[runthejoules] 30/3/2017 10:23

I'm just traumatised by Bacanora moving sideways for 2 years at massive opportunity cost & my forward-looking nature ruining opportunities to trade. Management here however do seem to be much more on the ball, time-aware and the location much better.

[steeplejack] 30/3/2017 10:12

Yes,fair assumptions.I don't think that EMH are going to entertain any bids at this juncture.As Herschel has drawn attention to,EMH is the most undervalued lithium carbonate deposit in the world as shown in KC's recent presentation.Even to match the current rating afforded to REM,the stock would have to rise some 8 times from here.The PFS is eagerly awaited but an offtake agreement,joint venture or the like would really set the shares alight.

[herschel k] 30/3/2017 09:56

here's my thoughts rtj:

1. contracts with auto industry and battery companies;
2. debt finance to develop;
3. success.

H

Edit: and if we get a speculative approach from a big player to take a significant stake, all the better..............

[runthejoules] 30/3/2017 09:54

This is all very well, but so much hot money. What happens when the PFS comes out, and it's great? A placing to develop? A buy-out from Antofagasta or the like, or just a massive profit-take & share price plummets? Predictions?

[herschel k] 30/3/2017 09:38

has anyone looked at the comparison graph above and worked out where EMH is at the current mkt cap?

I assume still at the far left, but probably only 8 times below the unweighted average now??? :)

[someuwin] 30/3/2017 09:33

Good to see.

[luisfrg] 30/3/2017 09:32

Up we go......BOOM💥;💥💥🔥

[runthejoules] 30/3/2017 07:55

'The end of March'... should have had the sense to be out till then. Thought buying would resume sooner than one day before! More fool me!

[cpap man] 30/3/2017 07:55

From KOD to KRS....Dave Reeves [also of EMH] has been busy....at AIM/ASX listed KRS....



· Grant of licences would provide AIM investors with a unique opportunity to gain exposure to the high-growth battery industry through the development of three complementary commodities: cobalt, nickel and manganese