European Metals Share Discussion Threads

[jovi1] 15/2/2017 00:01

I wander when we will get the usual pull back?
Well at least for today we have reach 20% on my long term target

[telbap] 14/2/2017 15:58

I think a general re rate over all lithium players, they are starting to wake upto the fact we are going to need a lot of this resource.

[ssnichani] 14/2/2017 15:41

99 euro cents over in frankfurt :)

[bookwormrobert] 14/2/2017 15:21

Lithium fever seems to be highly contagious - REM is now 8% up today, and Bacanora (BCN) 7%. Obviously, something big is going on behind the scenes. Any ideas anyone?

[banshee] 14/2/2017 14:44

The Euro gigafactory is relatively old news though, whilst the drilling figures though good, were not much different from earlier ones, just a bit of icing on the cake.

eg

[melody9999] 14/2/2017 14:35

Actually I thought this share price move was sparked by Tesla's announcement of Gigafactory in Europe. That bought it onto the radar at the time when the positive drilling news also came out.

New investors would have been attracted by the Tesla comment, exisitng investors by the developing production story

[banshee] 14/2/2017 14:18

10 quid not a chance at the moment. Remember they need to raise 200million or so to go into production. Post FS you might be talking £3.00 or so.

[banshee] 14/2/2017 13:46

A bid at this stage is certainly not impossible, normally there are about 10 bid rumours for every bid, but here it could be different. £1.20? £1.50?

[madmonkflin] 14/2/2017 13:44

Well you only got to look at the comparison to peers, still way undervalued according to that. With the aussies in action tonight could be heading up towards £1 if we're lucky.

[telbap] 14/2/2017 13:40

Monk........this share price action is more than the resources report, there has to be a pretty strong basis to it as the co have not put out an rns to say otherwise......the 10% rule applies, once they rise over this level in one session, they have to state a reason or indeed state no reason.

[telbap] 14/2/2017 13:37

Rem moving up finaly.

[jovi1] 14/2/2017 12:10

Brook do you know if rem as any debits that affect the sp?

[cyfalafwr] 14/2/2017 12:10

A lot has been said about EMH REM BCN over the last week. If you remember Kiran Morzaria of REM relinquished his directorship in BCN a few weeks back ,no one knew why.He is also a non exec here on EMH.Is that a coincidence that soon after the share price here went up.What is going on in the background ,time will tell.

[ahbroad] 14/2/2017 11:42

strong hints at the ability to tailor the mine output dependant on the relative metal values also.

[ahbroad] 14/2/2017 11:41

to come:

- metallurgy
- resource upgrade
- processing/costs update
- (offtaker??)

That's before PFS, and we already know they're funded through BFS, so cash raise is likely to be towards end of year, as per KC's most recent interview

[madmonkflin] 14/2/2017 11:31

well they already said before end of Feb. Best take a look at the presentations on their site.

[telbap] 14/2/2017 11:26

Psycomonk........I would say that report is going to be out real soon judging by the share price action of last few days. Unless the lithium sector as a whole is getting re-rated at last, but wtfdik?

[madmonkflin] 14/2/2017 11:16

not before the feasibility study is completed and licences obtained.

[telbap] 14/2/2017 11:15

Bhp....for sure, they ain't gonna waste this opportunity......only tiny shares in float, so will only help liquidity, make the share price range more flexible....lol!

[fqr714bhp] 14/2/2017 11:09

I think there will be a big cash call coming up here in the next few weeks. IMHO.

[bookwormrobert] 14/2/2017 09:32

Re: REM...
Well, 20% of EMH = 20 million.
So, all REM's investments in Bacanora, Yangibana and the smaller stuff = only 21 million. That's simply ridiculous. So something has to move. My guess is that it's REM's share price.