European Metals Share Discussion Threads

[runthejoules] 19/4/2017 08:08

Christ almighty - at least I didn't get stopped out. This should bounce right back... right?

[equity growth] 19/4/2017 08:05

A big one!!

[csjcsl2] 19/4/2017 08:05

sp down could be because we need to find over $300m to get in production, so will need a placing

[herschel k] 19/4/2017 07:58

Lowest cost hard rock lithium mine, that is.

[herschel k] 19/4/2017 07:56

Weird reaction to confirmation that it's the lowest cost lithium mine in the world......I'll be buying more.

[luisfrg] 19/4/2017 07:50

Australian finish implies 56p.....buying opp? Not sure above 60p at the moment imho

[bookwormrobert] 19/4/2017 07:46

Here's a prediction - after a massive tree-shake, we finish here today at about 69p. Let's see if my crystal ball has any powers...

[cpap man] 19/4/2017 07:45

Most probably a case of buy rumour sell fact? Meanwhile another new entrant to the LITHIUM market place....namely AIM listed RBD [see RNS]


Jeremy Edelman, Reabold's Chairman, commented.



"With the current dynamics surrounding the fast growing European lithium market, the Company sees tremendous opportunity in this rapidly developing San Jose Lithium-Tin Project together with the Project's development partners as they continue to add quantum steps of value to the project through their experienced personnel and professional operational skills. We see the San Jose Lithium-Tin Project as a potential company making investment going forward. The Company and Plymouth Minerals Limited, the majority owners of Tonsley, will be discussing future opportunities between them on ways to co-operate on potentially increasing Reabold's corporate and operational involvement in this exciting San Jose Lithium-Tin project."

[dvsfm] 19/4/2017 07:36

So do I. Figures were pretty much as expected from news and videos etc. Buying op today.

[bookwormrobert] 19/4/2017 07:33

Sorry, spoke too soon. Closed at 0.98 AUS = 58p. I still think the drop in Oz was a massive over-reaction.

[bookwormrobert] 19/4/2017 07:24

Finished at 0.95 AUS = 56p after a rally at the close. IMHO, massive over-reaction to a decent PFS, though why they only calculated it using 10% of the resource is a puzzle to me. I think the interesting corporate part - offtakes, joint ventures and so on - starts now.

[dvsfm] 19/4/2017 07:15

Finished about 24% down. $1500 cost net of credits. Think today will be interesting but still going to be a great project with those number. Only 9.9 % of the indicated resource was used in the calcs also. Big boys loading up today maybe.

[luisfrg] 19/4/2017 07:11

OMG down 27% 😱😨😰

[scrutable] 19/4/2017 06:58

pre-feasibility study overnight on ASX and this morning in RNS on LSE identifies EMH as "a potentially low cost producer with:

net overall cot of production...........$3483/ton and
net present value.................. ....$540m(post tax, 8%)
internal rate of return............... ..21% (posttax)
capital cost............................$393m
Annual production of battery grade lithium..20,800 tons

as

· Overall lithium recovery -76.5%;
· Tin recovery - 65%.

Llithium prices have ben rising for a year and more recently from $8,000/t to currently $10,000. so there is plenty of margin and we know that the major german car makers are planning a cluster of battery factories in the area just North of the Czech republic boundary and the Cinovec mine.

furthermore the pfs quotes the value of co-produced:

tin at...................... $22,500/t;
Tungsten -at.... .......$330/MTU;
Sulphate of potash -$520/t.

which confirms expectations that this will be in all a very low net cost producer.

[jovi1] 19/4/2017 01:54

Sound we have a problem
25% down on Australia market don't feel good for tomorrow

[luisfrg] 17/4/2017 16:22

Some serious rampers on here lately..Time will tell....for now until the pfs this will drift imho

[bookwormrobert] 16/4/2017 17:28

The B-roll footage from AP (so that 3rd parties can make up news reports) is available online:



It's another indication (as if there weren't enough already) that a major announcement is imminent. Note also the careful phrasing in the interview that the current study plans to produce 20,000 tons of LCE per year but that the total resource is far higher. I think we can expect the intended production figure p.a. to be increased shortly.

[diesel] 13/4/2017 09:46

What will come first an offtake agreement or PFS or maybe a mega announcement of both together! They, like other lithium would be miners, are in talks with potential customers and the last RNS more or less confirmed that BMW may be the leader, after all of the jumps in share price they draw our attention to the latest. Not one to be out of, and not long to wait.

[rafboy] 13/4/2017 09:19

Probably mms trying to scare a few into selling. Do I believe the PFS will be good, of course I do.

[luisfrg] 13/4/2017 08:53

Down again WTF sells going through too at 75.15!!!

[luisfrg] 13/4/2017 05:26

What she going on?.?? Currently in ASD....1.25-1.26 implies 75.5-76 in U.K?

[melody9999] 12/4/2017 21:56

checkyourfacts 781

for any new investors scanning the EMH thread, your post is confusing. why not cut it and paste it on the correct thread?