European Metals Share Discussion Threads

[wrtmf] 03/6/2017 09:59

Session 2: Battery raw materials | Company Presentations
11:00 Keith Coughlan, Managing Director, European Metals (Lithium, Czech Republic)

stuttgart, june 7th
benchmark world tour 2017

[wrtmf] 03/6/2017 09:54

fallen back in to line with the longer term up-trend from 5p/feb2016, expecting ongoing steady growth

[luisfrg] 02/6/2017 09:55

Up for a change ...strange that we seem to be constantly lower than the ADRs in Australia ....they closed 95.5 - 96........which should be 54.5 - 55 here!

[bountyhunter] 30/5/2017 17:22

agree entirely Dozey - with IAE it was the BoD who ultimately let us down to sell out on the cheap and feather their own nests

[dozey3] 30/5/2017 15:53

I'm well in profit at 50p but am sticking around as long as it takes, and finding it difficult not to pile in for more.
The first risk is that things are not what they seem, and there seems to be enough evidence to convince large numbers of people wiser than me.
The second risk is that extracting the lithium (and tin) proves more difficult than projected, and expensive relative to competitors. I know nothing of this, but bow to the wisdom of mining engineers.
The greatest risk imo is that when huge cash returns are imminent the shares are whisked from our grasp by unscrupulous felons - completely legally. Having seen my Ithaca shares wrested from my grip when the company was about to earn prodigious cash, and execution risk was minimal, you discount this possibility at your peril. Watch the share register for Chinese or Israeli money, especially if they get a representative on the board.
Good luck.

[simonsaid1] 30/5/2017 11:54

Don't think you can blame the share price on UK politics when EMH is roughly in-step across Australia, Frankfurt and London exchanges. This is just drift, remember the pool of investors for small early stage miners is relatively small compared with FTSE shares, and this share is 'old news'. It won't move till more concrete news comes along, and then it will rocket to the moon. I am confident this company will generate significant wealth for those of us sticking around, even people as unlucky as me with a rubbish 68p average!

This is a vast resource in an ideal location with competent management. A tiny number of shares are in free-float, being passed around by traders (chartists and other such unwashed folk), causing excessive volatility - while most of the shares are being sat on by clever people who know where this is going.

[cyfalafwr] 30/5/2017 11:07

What if Leicester HAD won the Champions League??

[frankie83] 29/5/2017 21:41

Sambuca I've been taking profits since 5p I will continue to take profits above £1......

[runthejoules] 29/5/2017 20:37

I'm sure I'll feel less upset about this when it's at 800p. But still wouldn't it have been nice to sell out at 80+ & buy back around 50p? But yes, when Leicester are winning, best sell some players before they get old...

[sambuca] 29/5/2017 18:50

I think that people are over reacting to the fall in the share a lot of people here are saying they have been holding since 8p, 10p etc. I ask the question if they had been offered 53p for their shares in 13 or 14 months time would they have taken it, I think they would.
To use a football analogy lets look at Leicester 3 years ago just avoid relegation very low in the premiership EMH equivalent say 8p last year Leicester win the premiership EMH equivalent 80p, this year Leicester struggling EMH equivalent 50p.
So lets see what next season brings for Leicester and the next stage for EMH.
I dont support Leicester by the way I am a Brighton fan.

Sam

[runthejoules] 29/5/2017 13:28

May will win but she won't last. But with a lowering pound more people should be buying on the LSE! EMH has little to do with the UK economy itself. I obviously do not understand the stock market...

[diesel] 28/5/2017 22:50

Like the US election, 60m people in the country and these two are our choice!

[bookwormrobert] 26/5/2017 19:07

Nope. The reverse - the pound has plummeted as the market gets nervous about the election.

[runthejoules] 26/5/2017 17:06

That is really daft. Has the Aussie dollar plummeted or something?

[bookwormrobert] 26/5/2017 16:06

Really big gap now between share price in Australia and in UK. Who wins?

[bookwormrobert] 26/5/2017 07:48

Closed at $1.02 = 59p in Australia.

[myst1] 25/5/2017 07:53

The production cost increased in the PFS due to the credit amount for tin used compared to the coping study. The PFS was based on Cinovec main ie the north. Only a small portion of the deposit.

The scoping study was based on mining the Cinovec South part of the deposit. The South has not been mined of tin at all, so more tin and therefore a higher contribution to the bottom line.

Keith said after the PFS that one of the first things we will do is an expansion study – that is look at the economics of increasing the size of the whole operation. This infill drilling in the south is part of that expansion study. Due to the higher tin credits in the south, the production costs will be more in line with the scoping study.

[steeplejack] 25/5/2017 07:39

Indicated,inferred,no class.

Personally,for choice,I prefer the old oil exploration classifications of proven,probable,possible.

Once they've got that 'indicated' up then they can do a more comprehensive PFS on the economics of the mine.Perhaps this is what potential offtake partners are demanding before they commit.

The scoping study used the premise of higher tin credits in the south of Cinovec and this infill drilling will allow the economics of the mine to be more closely aligned/calculated with the scoping study.

[rafboy] 24/5/2017 09:39

I think there are things going on that we don't yet know about. I would also say that these things will be positive for the share price Just my view.

[runthejoules] 24/5/2017 08:59

I don't think there's anything going on except bumping along at 55-60p until a takeoff agreement. And then there'll be bumping along from 70p-80p.

[luisfrg] 23/5/2017 15:16

Something definitely coming.....👍🏼.....flat to slight blue finish

[bookwormrobert] 23/5/2017 13:16

Buyers overwhelming early profit-takers today! I do wonder if there isn't a JV or takeover being lined up behind the scenes, and if the market isn't reacting to that possibility.