European Metals Share Discussion Threads

[wrtmf] 05/12/2016 08:26

drilling update soon?
metallurgy report, not long now....
other? - at some point will we opt for a pilot plant?

[wrtmf] 05/12/2016 06:52

it appears, on the 6month asx chart we're hitting or very close to a support line

[wrtmf] 05/12/2016 06:36

must watch.

tony seba. 54mins.

[thanks to fingers, hotcopper]

[banshee] 04/12/2016 21:29

not sure if this has been posted before, just turned up on HC.

[wrtmf] 04/12/2016 12:37

'Apple reveals self-driving car plans'

but it seems overall the project is suffering in its direction [no pun intended],



'Apple Inc. has drastically scaled back its automotive ambitions, leading to hundreds of job cuts and a new direction that, for now, no longer includes building its own car, according to people familiar with the project. Hundreds of members of the car team, which comprises about 1,000 people, have been reassigned, let go, or have left of their own volition in recent months, the people said, asking not to be identified because the moves aren’t public. '

[myst1] 04/12/2016 08:45

jamonit. Hope this post from wrtmf helps you:


the hard numbers from the Edison chart

ev $/t

nemaska lithium 149.07
critical elements 65.32
rare earth minerals 45.88
lithium x 43.06
ultra lithium 42.06
lithium americas 40.06
pure energy 26.13
paynes find gold 15.01
bacanora minerals 14.51
emh 3.90 [0.75 ???]

--
420% li indicated resource increase reported

--
discounting: 'enterprise value' change due to rem taking more shares at market price [numerator] and the SIGNIFICANT increase in tin resource which is VERY valuable [denominator], i'm thinking

new 'ev/resource in ground' is

3.90/ [1+4.2] = 3.90/5.2 = 0.75

thus we are approx. 20x cheaper than the 2 nearest peers [bacanora/paynes].

[someuwin] 03/12/2016 21:29

...Good idea. Done.

[someuwin] 03/12/2016 21:15

I agree it is badly worded. But it shows that EMH has the least value attributed to it's resource. The share price would have to multiply just to be valued at the average $ per tonne.

[banshee] 03/12/2016 21:05

It's implied value in dollars per ton of resource. ie a ton of EMH's Lithium is valued at much less than a ton of anyone else's which in turn implies EMH are undervalued against their peers, that said I am not sure what the EMH share price was at the time of the comparison.

It is a pretty standard way of comparing valuations of miners.

[banshee] 03/12/2016 21:00

IF you mean the one that drops from 400p that relates to the Epic EMH used to once belong to a co called European Motor Holdings years ago, which i think was supended or whaetver at 400p. it has nothing to do with the current EMH but ADVFN charts do not make the distinction.

[someuwin] 03/12/2016 20:58

The chart shows that the ones on the right are the most overvalued and the ones on the left are the most undervalued.

As the CEO puts it, EMH has the cheapest lithium resource in the world...



See also page 28 of the original Edison note (which is totaly impartial and not sponsored in any way by EMH)...

[banshee] 03/12/2016 19:14

From the FT Today

"Apple has for the first time publicly acknowledged its plans to develop self-driving cars, with a letter that urges the US highways regulator to promote “fair competition” between newcomers to the automotive industry and traditional manufacturers.

In an unusually direct statement accompanying the letter, an Apple spokesman confirmed its work on autonomous systems that could be used to transform “the future of transportation”;. Apple’s letter touts the “significant societal benefits of automated vehicles”, which it described as a life-saving technology, potentially preventing millions of car crashes and thousands of fatalities each year.

The disclosure highlights how Apple may struggle to maintain its notorious secrecy in new product development as it enters more highly regulated markets, from transportation to healthcare.

Hundreds of Apple staff have been working on an electric car for more than two years, people familiar with the project say. The Financial Times first reported the secret research lab, which is based outside its Cupertino headquarters in neighbouring Sunnyvale, in February last year. "

[wrtmf] 02/12/2016 10:14

3wks to xmas

1. no early offtake agreements, discussions to conclude with pfs [mar2017]
2. updated mineral resource estimate delivered [420% li/64% sn] indicated increase
3. metallurgy awaited - big step forward, potentially significant share price driver
4. 'some exciting updates in the very near future' - kc quote, 23rd nov.

tick, tock...

[wrtmf] 02/12/2016 08:05

'The leaders of four major global cities say they will stop the use of all diesel-powered cars and trucks by the middle of the next decade. The mayors of Paris, Mexico City, Madrid and Athens say they are implementing the ban to improve air quality. They say they will give incentives for alternative vehicle use and promote walking and cycling.'

--
start of trend

[sambuca] 02/12/2016 07:24

Aus down 3.5% on 21000 shares traded.

Sam

[potential] 01/12/2016 07:37

Retrace day bak to 37p+GL

[wrtmf] 30/11/2016 22:27

yep, hope so, a sharp pull down before news....

...update within week?

[frankie83] 30/11/2016 21:51

Hopefully tonight it will be a different story

[wrtmf] 30/11/2016 21:40

the fall was initiated by relatively low volume on asx lastnight, 75k shares.