Share Name Share Symbol Market Type Share ISIN Share Description
Europe Met LSE:EMH London Ordinary Share VGG3191T1021 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.75p +1.54% 49.50p 46.00p 50.00p 50.00p 48.00p 48.75p 35,097 16:35:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.2 -1.3 - 64.70

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DateSubject
19/8/2017
09:20
Europe Met Daily Update: Europe Met is listed in the Mining sector of the London Stock Exchange with ticker EMH. The last closing price for Europe Met was 48.75p.
Europe Met has a 4 week average price of 44p and a 12 week average price of 44p.
The 1 year high share price is 86p while the 1 year low share price is currently 19.50p.
There are currently 130,698,588 shares in issue and the average daily traded volume is 132,188 shares. The market capitalisation of Europe Met is £64,695,801.06.
16/8/2017
07:07
james_jones: European Metals Holdings Limited Drill Results and Appointment of DFS Manager 16/08/2017 7:00am UK Regulatory (RNS & others) Europe Met (LSE:EMH) Intraday Stock Chart Today : Wednesday 16 August 2017 Click Here for more Europe Met Charts. TIDMEMH RNS Number : 1025O European Metals Holdings Limited 16 August 2017 For immediate release 16 August 2017 EUROPEAN METALS HOLDINGS LIMITED Drill Results and Appointment of DFS Manager European Metals Holdings Limited ("European Metals" or "the Company") (ASX & AIM: EMH) is pleased to report on its ongoing infill drilling program and announce analytical results for the first drillhole CIS-4 at the Cinovec Lithium-Tin Project ("the project" or "Cinovec"). In addition, the Company is pleased to announce the appointment of Mr Craig Reimer as the Manager of its Definitive Feasibility Study. HIGHLIGHTS * Infill drilling continues in the southwest section of the deposit, targeting two 'gaps' in the resource model that could potentially be targeted for mining in the initial years. * Altogether, five out of 6 planned drillholes have been completed this year, for a total of 2163.1m. * Assays have been received for the first drillhole CIS-4, which returned a continuous mineralized intercept of 148.30m averaging 0.40%Li2O, starting at 297.7m drill string depth. * In addition, the upper section of the main lithium interval contains significant tin and tungsten mineralization: 15.85 meters averaging 0.70% Li2O, 0.29% tin and 0.073% tungsten. * Experienced Project Manager, Craig Reimer has been appointed to head the Company's Definitive Feasibility study. European Metals Managing Director Keith Coughlan said, "We are very pleased with the drilling progress to date and the results for the first hole CIS-4 drilled this year. The lithium and tin mineralization intersected in the first hole is strong and continuous and will increase the size of our current inferred and indicated resource at Cinovec south. This will provide additional options for optimizing production and development schedule. I am particularly pleased with the strong tin and tungsten credits in this part of the Cinovec South deposit. In addition, we welcome Craig Reimer as the Manager of the Definitive Feasibility Study. Craig is a hugely experienced Project Manager and has worked for numerous clients in Australia and overseas and has been involved with studies, commissioning and construction of large scale projects. Craig will head an excellent study team located in Australia and Czech that is focused on delivering a robust Study in H2 2018. Drill Program The current six-hole drill program at Cinovec South is planned to focus on infill drilling in two areas where data density is low and 'gaps' in the resource model occur. There are the expectations this will add to the high grade resource at Cinovec South in critical areas where mining will start. It will also assist in the conversion of resources from Inferred to Indicated category, and delivery of material for metallurgical testing. So far five diamond core holes have been completed, and one is underway. The drill hole information is listed in Table 1 below, and their locations are shown on the sketch below: Table 1 - Completed drillholes, Cinovec South Hole North East Elevation Depth Azimuth Dip Comments ID (m) (m) ------- ------------- ------------- ---------- ------ -------- ------- ----------- Infill, CIS-4 -966605.9(1) -778582.9(1) 863 448 16.6 -84.6 completed ------- ------------- ------------- ---------- ------ -------- ------- ----------- Infill, CIS-5 -966607.8(1) -778585.1(1) 862.8 458.8 271.8 -81.28 completed ------- ------------- ------------- ---------- ------ -------- ------- ----------- Infill, CIS-6 -966516.0(1) -778544.1(1) 866.2 456 28.8 -86.97 completed ------- ------------- ------------- ---------- ------ -------- ------- ----------- Infill, CIS-7 -966454.0(1) -778655.3(1) 864.4 450.3 0(3) -90(3) completed ------- ------------- ------------- ---------- ------ -------- ------- ----------- Infill, CIS-8 -966570.0(2) -779163.0(2) 805 350 340(3) -70(3) completed ------- ------------- ------------- ---------- ------ -------- ------- ----------- CIS-9 -966570.0(2) -779163.0(2) 805 0 25(3) -68(3) ongoing ------- ------------- ------------- ---------- ------ -------- ------- ----------- Hole locations are recorded in the local S-JTSK Krovak grid, (1) Coordinates surveyed, (2) Coordinates determined by GPS, (3) Planned, no inclinometry yet. (Please refer to the announcement on the European Metals Website for Figure 1: Plan view projected resource blocks, EMH completed and underway drill holes - www.europeanmet.com.) After geological logging, drill core is cut in half with a diamond saw. Quarter core samples are selected (honouring geological boundaries) and dispatched to ALS (Romania) for preparation and assay; the 3/4 of the core is returned to the core box and stored securely on site. Samples are being prepared and analysed by ALS using ICP and XRF techniques following standard industry practice for lithium and tin deposits. Strict QAQC protocols are observed, including the insertion of a Li standard in random fashion for every 10 core samples. Mineralized Intercepts and Lithology in CIS-4 The CIS-4 drill hole is collared in rhyolite in the eastern area of the Cinovec South deposit. The main characteristics is the presence of massive greisen/greisenized zone in granite just below its contact with the overlying rhyolite. In CIS-4, the Li-mineralized greisen and strongly greisenized granite start immediately bellow the rhyolite/granite contact at a depth of 279.7m. Below the contact, variably altered granite with two major and several minor greisen zones were intersected. Underlying albite granite with lithium mica starts at 320.6m and continues to 338.9m drill string depth. The section from 338.9m up to 426m is formed mostly by greisenized Li-mica rich granite. The tin and tungsten mineralization is spatially associated with the strong to pervasive greisen style alteration in the upper 75.3m of the hole. If no Sn cutoff is applied, the interval grades 0.14% Sn, 0.035%W and 0.42% Li(2) O. Table 2 below provides summary of the results. According to the geological and block model the greisen bodies (and the mineralized zones) dip to the south, although this fact could not be fully confirmed by core angles observations in the core. The CIS-4 drillhole was angled 16.6 degrees toward NE, with dip -84.6 and the reported intercepts appear close to true thicknesses. Table 2 - Mineralised intercepts in CIS-4 CIS-4 ---------------------------------------------------------------------------- From To Interval Li2O Sn W (%) Note (m) (%) (%) ------ ------- --------- ----- ----- ------ -------------------------- incl. 4.6m@0.76%Li2O (282.4-287m), 5m@0.82%Li2O (289-294m), 5m@0.76%Li2O (313-318m) and 279.7 428 148.3 0.40 2m@1.01%Li2O (424-426m) ------ ------- --------- ----- ----- ------ -------------------------- 279.7 295.55 15.85 0.70 0.29 0.073 ------ ------- --------- ----- ----- ------ -------------------------- incl. 0.7m@1.036%W 288.3 294 5.7 0.80 0.40 0.197 (288.3-289m) ------ ------- --------- ----- ----- ------ -------------------------- 298.5 303.5 5 0.45 0.10 0.061 ------ ------- --------- ----- ----- ------ -------------------------- 302.5 305 2.5 0.34 0.23 0.039 ------ ------- --------- ----- ----- ------ -------------------------- 310.3 313 2.7 0.57 0.27 0.003 ------ ------- --------- ----- ----- ------ -------------------------- 315 317 2 0.76 0.05 0.188 ------ ------- --------- ----- ----- ------ -------------------------- 318 325 7 0.32 0.18 0.012 ------ ------- --------- ----- ----- ------ -------------------------- 329.5 332.5 3 0.32 0.31 0.048 ------ ------- --------- ----- ----- ------ -------------------------- 331 332.5 1.5 0.34 0.30 0.074 ------ ------- --------- ----- ----- ------ -------------------------- 342 343 1 0.62 0.03 0.096 ------ ------- --------- ----- ----- ------ -------------------------- 351 355 4 0.32 0.17 0.002 ------ ------- --------- ----- ----- ------ -------------------------- As required under the 2012 JORC Code, details of the current drill program are appended (Table 1). Definitive Feasibility Study Manager and Team The Company is pleased to welcome Craig Reimer to the position of DFS Manager. Craig has over 25 years' experience in project management, engineering management and business management, and has delivered successful international mining projects for previous clients. Craig is a Mechanical Engineer. He has previously worked on projects for BHP, Vale Inco, Atlas Iron, ENK, Lynas Rare Earths, Boddington Gold Mine, Alcoa, Jacobs and UGL. The projects range from scoping and feasibility studies, to front-end engineering and detail design, and on to construction and commissioning. Craig has previously worked on projects in Australia, UK, USA, Canada, Indonesia, Phillipines and Malaysia. The Company is also pleased to have retained the services of Grant Harman as Metallurgical Consultant to the DFS. Grant is one of the world's foremost lithium metallurgist and played a significant role in the Company's successful PFS. Grant was previously Manager Lithium Chemicals for Talison Lithium and was involved in the management of the Talison Lithium Carbonate Plant from Scoping Study to Definitive Feasibility Study. He was involved in the design and technical direction of the Talison Test Facility and has more recently been a technical consultant on the Sonora Lithium Project in Mexico. Grant has had previous roles with UGL, SNC Lavalin, CleanTec, and Ausenco. The expertise and experience of Craig and Grant will be complimented well by the Company's Czech based team, led by Executive Director Richard Pavlik. BACKGROUND INFORMATION ON CINOVEC PROJECT OVERVIEW Cinovec Lithium/Tin Project European Metals owns 100% of the Cinovec lithium-tin deposit in the Czech Republic. Cinovec hosts a globally significant hard rock lithium deposit with a total Indicated Mineral Resource of 348Mt @ 0.45% Li(2) O and 0.04% Sn and an Inferred Mineral Resource of 309Mt @ 0.39% Li(2) O and 0.04% Sn containing a combined 7.0 million tonnes Lithium Carbonate Equivalent and 263kt of tin. An initial Probable Ore Reserve of 34.5Mt @ 0.65% Li2O and 0.09% Sn has been declared to cover the first 20 years mining at an output of 20,800tpa of lithium carbonate. This makes Cinovec the largest lithium deposit in Europe, the fourth largest non-brine deposit in the world and a globally significant tin resource. The deposit has previously had over 400,000 tonnes of ore mined as a trial sub-level open stope underground mining operation. The recently completed Preliminary Feasibility Study, conducted by specialist independent consultants, returned a post tax NPV of USD540m and an IRR of 21%. It confirmed the deposit is be amenable to bulk underground mining. Metallurgical test work has produced both battery grade lithium carbonate and high-grade tin concentrate at excellent recoveries. Cinovec is centrally located for European end-users and is well serviced by infrastructure, with a sealed road adjacent to the deposit, rail lines located 5 km north and 8 km south of the deposit and an active 22 kV transmission line running to the historic mine. As the deposit lies in an active mining region, it has strong community support. The economic viability of Cinovec has been enhanced by the recent strong increase in demand for lithium globally, and within Europe specifically. CONTACT For further information on this update or the Company generally, please visit our website at www. http://europeanmet.com or contact: Mr. Keith Coughlan Managing Director https://uk.advfn.com/stock-market/london/europe-met-EMH/share-news/European-Metals-Holdings-Limited-Drill-Results-and/75458132
17/5/2017
16:57
james_jones: European Metals Holdings Limited Grant of options 17/05/2017 1:43pm UK Regulatory (RNS & others) Europe Met (LSE:EMH) Intraday Stock Chart Today : Wednesday 17 May 2017 Click Here for more Europe Met Charts. TIDMEMH RNS Number : 4429F European Metals Holdings Limited 17 May 2017 For immediate release 17 May 2017 EUROPEAN METALS HOLDINGS LIMITED Grant of options European Metals Holdings Limited ("European Metals" or "the Company") (ASX and AIM: EMH), advises the following issue of the following unlisted options: (i) 500,000 unlisted options, (28 cents exercise price) expiring on 20 April 2018 to independent consultants, as per their individual consultancy agreements; and (ii) 400,000 Unlisted Options, (58 cents exercise price) expiring on 3 January 2020 to Richard Pavlik, the General Manager in the Czech Republic, as per his contract of employment. The exercise price was determined in his contract of employment as the volume weighted average price for the 5 day period prior to the commencement of his employment on 3 January 2017. 250,000 Options will vest at the completion of the Definitive Feasibility Study and 150,000 Options will vest 12 months thereafter. https://uk.advfn.com/stock-market/london/europe-met-EMH/share-news/European-Metals-Holdings-Limited-Grant-of-options/74627783
10/5/2017
15:25
myst1: Edison research below for Cadence Minerals. Great right up on EMH which shows how undervalued it is. Http://www.edisoninvestmentresearch.com/research/report/cadence-minerals/full Especially like the extract below: 'We expect VW, which is reported to be considering investing c US$11bn into developing its electric vehicle range by 2025, to be a key catalyst to EMH and its strategically placed Cinovec project on the Czech/German border. Note that, should EMH be successful in increasing its share price to close to the A$4.05/sh value derived from its recent PFS at Cinovec, we calculate that it would add 0.61p to our valuation' .
20/4/2017
10:45
fqr714bhp: I do hope that KDNC has taken this opportunity to increase its stake in EMH while the share price is lower levels. Unless they are waiting to pick up shares on the next big cash call? Who knows? all i know is only great news to follow on EMH/KDNC/BNC.
19/4/2017
08:36
steeplejack: The stark reality of a $400m funding requirement might of spooked the market but it's difficult to see why.Perhaps the absence of a "Hanwa" BCN type offtake arrangement has disappointed.For sometime,EMH have been uncannily imitating the past share price movements of BCN.BCN a year or so back fell from the 85-90p range all the way back to around 50-60p and have traded in a well defined range ever since only recently edging to the top of the range on the Hanwa RNS.This could prove to be a template for EMH's future share price moves.We've recently had punters digging up names of lithium explorers from all over the place,a sure sign that things have got a bit frothy.Yet,if you want a proxy for the lithium boom,economics,geography,valuation tell you EMH remains an excellent choice.Financial SummaryThe Cinovec Project yields a post-tax NPV (discounted at 8%) of $540 M and a post-tax Internal Rate of Return of 21%. When operating in steady state the Project achieves an operating cash margin of 59% and has an operating cost of $3,483 per tonne.
04/4/2017
20:23
sambuca: netcurtains You mis understand the reasons of my advice. 1. If you have got £1000.00 pounds to invest you put it in the building society get 2% interest at the end of the year you have got £1020.00 put it in shares and the company drops 10% you have got £900.00 less dealing costs. Remember it is twice as hard for a share to go up than down. if you buy a share for £1.00 and it drops 50% to 50p to get back to £1.00 it now has to go up 100% 2. If a share you owns goes up 50% in say 6 months and you sell them you have banked 50% profit. If the share price then continues and gains another 100% you have missed out on further gains but if when you brought the shares you had been offered a guaranteed 30% profit in 6 months would you have taken it? Dont dwell on the missed gains think yes 50% profit in 6 months = good profit. 3.If you love the company you become emotionally attached THERE IS NO PLACE FOR EMOTION IN INVESTING. If the share price looks like it has topped out, top slice or sell it dont love it and coddle it all the way back to where you are losing money. Hope this makes it clearer. Sam
30/3/2017
16:58
luisfrg: 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.... http://europe.autonews.com/article/20170328/BLOG15/170329876/lithium-next-german-power-play?
30/3/2017
13:22
rafboy: 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.
22/1/2017
15:03
bookwormrobert: This is from ShareProphets on Kodal: The mere mention of lithium seems to be enough to send the share price soaring on many small AIM companies, until reality hits home and the almost inevitable pullback starts. There is no doubt that demand for the metal has been on the rise, and that looks likely to continue going forwards, and prices have been increasing in recent years, but I suspect that in the majority of cases these lithium prospects which these small companies hold will never actually amount to anything. It also seems to be the case that if a small AIM company secures an interest in any licence - even one where little or no exploration work has even been undertaken – that is anywhere near to an existing producing mine or similar then PIs immediately assume that it should be worth a similar amount, purely by dint of its geographical location. The same goes for if a nearby acreage is sold, with some suggesting that implicitly means that the licence held by the company they are invested in should be worth a similar amount. A good example of this at the moment seems to be Kodal Minerals (KOD) which has seen a crazy rise in its share price in recent weeks to the current level of around 0.515p to buy, and giving it a market cap of over £26 million. When the share price topped the 0.3p level the company even put out an RNS on January 13 noting the rise up to that point and stating that there was no reason for it – yet people have continued to pile in. A lot of this seems to be off of the back of speculation surrounding its Bougouni lithium project in Mali, which is currently in the very early stages and it only acquired the 90% interest in the project at the end of August. This set the company back the huge sum of $140,000, which is payable over 3 years, with an initial payment of $25,000. So far it is in the very early stages of exploration, having undertaken rock chip sampling and a 1.3km drilling programme, and whilst the results look interesting it is still in the very early stages. But what really seemed to move the share price was speculation surrounding comments within an RNS on January 9 that announced that the company had raised £1 million by issuing over 666 million shares at a price of 0.15p to accelerate the development of Bougouni. But within that the CEO Bernard Aylward mentioned a proposed sale of the neighbouring licence, owned by Birimian Limited, to a Chinese buyer for A$107.5 million. So far though that is only based upon a letter of intent, and the initial payment of A$10.75 million was supposed to have been made on or before January 20. There was no announcement on Friday on the ASX where Birimian is listed, so unless that comes on Monday it could well be that the deal isn’t going ahead. Even if the deal is completed, there is no way that you can infer a value for Kodal’s project from that, as the Birimian licence had undergone extensive drilling and had JORC compliant resource figures, and was expected to be at the prefeasibility stage following the completion of the latest 10km drilling programme. In most of the cases on AIM that I can recall where a crazy valuation is placed upon a licence, that is largely based upon the value of other projects nearby, it is ultimately never achieved or amounts to much. There are plenty of small AIM companies with lithium acreage where exploration programmes have been carried out that are a good few years down the line and are no nearer to production or finding anyone who wants to buy the project. It also isn’t cheap to carry out exploration work, especially when you consider that Kodal has a number of projects on the go already – although at least in the case of it gold interests in Cote d’Ivoire it has farm in partners. Newcrest is to spend $1.7 million oer the next three years to earn 75% of Dabakala, and Resolute will spend $3 million over 4 years across a number of licences to earn 75% of those. In addition to the recently raised £1 million, the company also raised £750,000 in early October at 0.1p, and £680,000 in May, so it would seem likely that fundraising here is going to need to be a regular occurrence if the company is going to continue spending on exploration at the current rate, and with no source of revenue on the horizon either. Given that the net assets of the company were valued at £1.5 million, and that since then there certainly hasn’t been anything close to justifying a valuation of almost £25 million more being placed upon them, then even allowing for the future potential of these assets you don’t get anywhere near to the current level of market cap being assigned to the company. Like with so many AIM companies, you also have to wonder why, if these assets/licences are so fantastic, did a small outfit like Kodal manage to get its hands on them. Especially when you consider that Birimian, which owns the adjacent licence, had nearly A$8 million in the bank at the time and has a fair idea of the geology of the area from the work it has undertaken. For anyone who took part in the placing the rise has been a very convenient opportunity to quickly sell for a nice profit, but ultimately I can’t see the share price managing to stay up at anywhere near these levels – it is just a case of when sentiment finally fizzles out, and once it does start to drop it will most likely retrace quickly. News is expected on the lab results from the Bougouni drilling towards the end of January, so the share price may find some support until then, but I can’t see anything being in there that would justify the level it is at – plus of course if the Birimian deal doesn’t go ahead then that would likely have a substantial affect, given it is what much of the recent ramping has been based upon. I think you’d have to be mad to be buying the shares at anywhere close to this share price – especially after the ‘no reason for the rise’ RNS around 0.3p. - See more at: hxxp://www.shareprophets.com/views/26687/kodal-minerals-is-overdue-a-big-drop-in-share-price#sthash.LHwgg5pO.dpuf
21/1/2017
11:36
miti 1000: Having had a good read up on this , I think the issue of undervaluation is cos EMH are at least 18 months behind BCN for example . EMH's pfs due at least 1 year after BCN for example. Remember as well, BCN's FS will only come out in probably aug/sept of this year ...i.e a full 18months after their PFS (which incidentally, didn't rerate the share price at the time). The ceo can wax lyrically about possible partner agreements etc after the PFS but reality is that no partner deals likely to be done till the FS which judging by BCN could be summer 2018. Now , I've not got a clue whether, my post is accurate in comparing say EMH with BCN but I think EMH is a buy on weakness rather than strength throughout 2017 in the absence of a sector rerating (which actually could be very likely). Comments welcome!!
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