European Metals Share Discussion Threads

[steeplejack] 16/7/2019 09:06

Very good news.This provides funding whilst solving the political conundrum with CEZ majority owned by the Czech government.Should provide a real platform for a further recovery in the share price.That said,you can wave goodbye to any possibility of a takeover from anyone but CEZ I would think.This asset is staying firmly in Czech hands.

[goodgrief] 16/7/2019 08:19

Beginning to move in the right direction... very few jurisdictions (at least with mineral resources) that haven't caused companies grief, perhaps except for Azerbaijan.

[dvsfm] 16/7/2019 08:15

Anyone awake on here and see today's Rns. This must be just the most significant news bar the mining permit but as cez is 70% govt owned must be a big tick in the box.

[ahbroad] 12/7/2019 13:31

will it break through though? surely, politics aside, if the project value doubles, then so should the share price (unless the political risk/other had only been half priced in..)

[luisfrg] 12/7/2019 13:06

Jump up before the usual fall to 18p ish...ridiculous

[telbap] 05/7/2019 07:45

The issue here is lack of funds. If they could go it alone and get the backing and skills needed to start up production they would find many will clients.

[ahbroad] 24/6/2019 18:07

not looking likely at the moment. delayed reaction perhaps, or too much politics?

[dssloan] 17/6/2019 10:45

$1.10bn and this is based ONLY on 9.3% of reported indicated mineral resource.

This was 80p not long ago....a substantial re-rate (hopefully steady and sustained, and not spikey) will ensue over the coming weeks....

[steeplejack] 17/6/2019 10:35

Courtesy of topsharepicks on LSE.Good summary "Fantastic result market will appraise this and rerate higher accordingly imo.HIGHLIGHTS (all $ figures in this release are US Dollars and increases refer to the 2017 PFS Lithium Carbonate study):· Net estimated overall cost of production post credits: $3,435 / tonne LiOH.H2O · Project Net Present Value ("NPV") increases 105% to: $1.108B (post tax, 8%) · Internal Rate of Return ("IRR") increased 37% to 28.8% (post tax) · Total Capital Cost: $482.6M· Annual production of Battery Grade Lithium Hydroxide: 25,267 tonnes · Studies are based on only 9.3% of reported Indicated Mineral Resource and a mine life of 21 years processing an average of 1.68 Mtpa ore

[wooster4] 21/5/2019 12:10

by your own admission (not that that counts for a great deal have seen your previous pointless posting elsewhere), cash for some some time. PFS is due any day now...no stock available and every buy pushing up price.

[wooster4] 21/5/2019 11:11

looks like this is in play now as we await the imminent pfs

[johncasey] 21/5/2019 07:31

up 6% OZ heavy buying

[ahbroad] 09/5/2019 08:23

no point responding to people like this. Thankfully on filter from way back, so no need to read the bile being spewed out.

[emhaigh1] 08/5/2019 16:53

Jak. This was posted on lse at 15:47 today - "Reading on ADVFN that EMH will run out of money in around 5 months and someone called Jaknife talking about EMH being insolvent in 5 months and warning to sell????? Is this share ever going to get moving and should i/we disregard what Jaknife is saying?????????????"

That shows how irresponsible posting can spread unfounded fear and concern among less savvy investors. It's not right.

Fortunately it was quickly responded to in a suitable way, but .....

[emhaigh1] 08/5/2019 15:56

Jak. It started with your post 1852 - "They need to get something under the share price for the next placing." I didn't disagree with that but pointed out five months cash in hand with updated PFS due soon. I believe that that RNS will have a positive and sustainable share price impact. It's two years since EMH was independently valued. Cinovec and the lithium market have matured significantly since then. It's due a re-rate, if you like, and that would deserve to be reflected in the share price

Post 1854 - "Insolvent in five months but if they can stick some skanky news story out there then they might be able to spike the share price first ..." was what I found unfairly inflammatory and alarmist. I may have missed any intended irony but you still seem to be suggesting that EMH could "ramp" the share price to get a placing away. Again, I find that unacceptable. Some CEOs do slip porkies into releases but KC doesn't play those games, imo, and ASX rules and sanctions are far more stringent than AIM. I don't think there'll be anything "artificial" about the expected RNS.

I've been expensively skanked by dodgy CEOs on AIM through 'hopeful' announcements (haven't we all?) but I now place far more importance on the man's proven conservative reporting style rather than any 'highly accretive' expectations. Call me picky if you like but to be factually correct I think we should simply agree that "At the end of the quarter EMH had A$1.3m cash in hand." So yes, in the absence of any major funding announcement I expect there to be a placing at some point over the next quarter but it won't be a 'keep the lights on' placing as some may have interpreted your phraseology.

Expressed opinions while we await news is often what these boards are about and you've been around long enough to appreciate that. We've both known downbeat opinions to be expressed purely for personal advantage, just as we've seen overly upbeat ones. I try to keep mine fair and realistic at all times. No offence meant at all, just saying it as I see it. ATB and BTW, - are you invested?