European Metals Share Discussion Threads

[hutch_pod] 08/5/2017 15:18

Hi Myst

I guess I was surprised at the answer regarding trade off - given that the current trade off has had a negative impact on cost.

What confidence can we have that tin output can be easily increased?

HP

[andrbea] 08/5/2017 13:21

When asked about German lithium, sector peer bcn said it was going after high-end materials. Are EMH contemplating that too?

In the interview I liked the sound (if attainable....) of higher-end LiCl at $35k/t and lithium metal ($100k/t). LMaybe only in Germany, but who knows, maybe later with Sonora too.

[rafboy] 08/5/2017 13:14

Is that 2 x 100k buys just reported? Both at same price so not a rollover.

[runthejoules] 08/5/2017 07:58

Nice one luis. Great news with KOD in Africa, Malay/Chinese consortium finished placing at a premium AND working on an offtake agreement for 80% of first 3 years' produce. No shortage of worldwide lithium demand, this should recover a bit when BMW, VW et al get their skates on and stake their claim!

[luisfrg] 08/5/2017 07:21

EMH up 5% in Australia overnight.....

[vegabaja] 07/5/2017 17:45

So the next news could be offtaker(s) signed up or funding arranged. Well now I guess either would have a positive impact. These have to happen before mining commences. Just thinking aloud.

[myst1] 07/5/2017 13:03

And If they had started mining the market cap would be at least 10 times more!

[telbap] 07/5/2017 12:51

Yes the cinovec mine is certainly geographically in the right place. However, it would be akin to being a glass manufacturer who does not make bottles based in terms champagne region of France. If the don't start mining and processing the stuff, we can make study after study, nothing will happens, all the car makers will sign up with other suppliers who are getting the stuff out of the ground.

[myst1] 07/5/2017 10:08

Hi HP,

I'm not sure what your question is? You are right the only slight increase in production from the scoping study cannot counter the substantial drop in tin...hence the reason why the increased cost from the scoping study.

However, as pointed out they can scale up the tin production easily to make the Cost of lithium production per ton go back down. We are awaiting an expansion study which will look at the economics of increasing the size of the whole operation.

There is an interesting article below, from late last week:



Another producer right next to EMH. Saxony is part of Germany which is right across the border - literally few kilometres from Cinovec.

[hutch_pod] 05/5/2017 18:10

Myst

I wondered about KC's comment below that you attached last month.

It makes logical sense but then the LCE tonnes per year are only 20.8k vs 19.4k in the scoping study, which cannot counter the substantial drop in tin - 1.3k roughly vs 4.2k in the scoping.

Any thoughts appreciated.

HP

"Secondly, and relevant to your tin comment – the scoping study was based on mining the Cinovec South part of the deposit. That was because of the then relative metal prices – tin @ 22,500 and LCE @ 6,500. The South has not been mined of tin at all, so more tin and therefore a higher contribution to the bottom line. When the decision was made re the PFS, tin was 14,000 and LCE 8,500 and heading up. It was therefore decided to base the PFS on the higher grade, shallower lithium zones in Cinovec Main (the north). The tin has been mined here so less tin credit and lower contribution to the bottom line. The positive is we produce more lithium per tonne of rock mined…. Trade off."

[luisfrg] 05/5/2017 07:40

Closed at 58 - 59.5 on ASX don't GIVE AWAY your shares

[luisfrg] 04/5/2017 22:13

Joules have faith!

[runthejoules] 04/5/2017 18:38

Some of today's yuge drop is down to oil's 4.5% fall, though compared to BCN's 1.7% fall, some of it is due to lack of offtakers, the rest is due to me still owning this ruddy story stock!

[luisfrg] 04/5/2017 08:11

Offtakers news is imminent, dont give away you shares on the cheap!

[luisfrg] 03/5/2017 13:02

Another tree shake 🌲 to get rid of weak holders....another buying opportunity imho

[luisfrg] 03/5/2017 12:56

Another tree shake 🌲 to get rid of weak holders....another buying opportunity imho

[luisfrg] 03/5/2017 08:13

Nice.....small rise to try and flush out those last stale bulls

[luisfrg] 03/5/2017 00:11

ASX pre trades 1.05 = 61p

[james_jones] 02/5/2017 13:19

Keith Coughlan, managing director of European Metals Holdings Limited (LON:EMH) talks Proactive through the awarding of three permits for their Cinovec lithium/tin project in the Czech Republic.

[rafboy] 02/5/2017 11:46

Yes, I have topped up too.

[luisfrg] 02/5/2017 11:30

And again......this should be 70+ easily.....imho

[luisfrg] 02/5/2017 08:41

Good riddance....topped up

[runthejoules] 02/5/2017 08:14

Well that was disappointingly unsticky. Goodbye to a few stale bulls

[luisfrg] 02/5/2017 07:59

Gr8 news....foundations are finally being laid!

[rafboy] 02/5/2017 07:58

This is excellent news.