European Metals Share Discussion Threads

[dvsfm] 14/12/2020 23:42

New listing in US starts tomorrow up 16% or so in Aus currently.

[eurosd] 11/12/2020 08:22

Its very quite here considering we have had a 17% increase in price for no apparent reason since beginning of December? Any views?

[dbfromgb] 30/11/2020 12:49

Fwiw the trades at 40.8745 are buys. I think this may be our "sophisticated investor" that is selling down the fourth tranche recently released. If so we may see the price stay here for a bit until it clears.

[ahbroad] 24/11/2020 12:40

Craff - check your facts. The zinn project 32kpa is for potassium sulphate, not lithium (7.2kpa).

[dvsfm] 24/11/2020 12:18

But you would expect construction costs to be shared otherwise what's the point of a joint venture. Not knocking any company each have their own merits.

[craffert] 24/11/2020 11:36

dvsfm - in theory the ZWLD capex will also only be 50% of the figure I posted. But for the sake of reality/real world, I'm assuming a mine can't be half built to obtain half the production. The capex costs are not "effectively shared" until that is agreed by the other partner (eg) EMH are funded up to the start of capex on Cinovec but not the actual capex.

[dvsfm] 23/11/2020 22:27

Craffert. For EMH the capex will only be 49% of the figure you quoted. As the costs are now effectively shared.

[djfrankie2] 23/11/2020 20:09

We have to remember Cinovec had a low valuation just a couple of weeks ago until the Tesla video turned up we must be mindful Tesla are a car manafacturer not a miner I am still surprised it has not gone back to the 20s the mid 40s
is where i expected it with the offtake and Prague listing

[craffert] 23/11/2020 15:12

Hi Swanvesta. Some misconstrued facts in there. EMH own 49% of the project as CEZ own 51% of the equity at the Cinovec project level. I had already reduced Zinnwald NPV to reflect their 50% ownership. But where this gets truly interesting is the capex cost and production yield. EMH capex is £385mn vs £143mn for Zinnwald. And the post construction tonnage is 22,500 tpa for EMH vs 32,500 for Zinnwald. So if you want Lithium early, in higher volume, and at lower cost, you go for Zinnwald. If you want the biggest mine with longest life then you go for EMH but the capex cost is a quarter of a billion quid higher, and the annual yield lower, albeit for longer. In 30 years time you will still have material left to mine at Cinovec - that's the biggest difference. If you are a Tesla your concern is the near time (next decade) horizon, on all the key measures Zinnwald gets you more bang for your buck. And right now you get a lot more bang for your buck backing Zinnwald as an equity investor, with a paltry £15mn market cap than EMH at £65mn. Zinnwald is the no brainer lithium pick as I'd rather own a large high performing low cost mine than a huge average performing high cost mine any day. In Germany.

[swanvesta] 23/11/2020 11:29

EMH seems to have 10x the resource, 5x NPV and higher IRR? Also I see ZNWD only has 50% of the project, so should NPV be halved?

[craffert] 22/11/2020 21:05

Don't forget Bacanora (UK listed) For me Zinnwald are the value play, having an economic, low capex cost lithium deposit in Germany with NPV of c. £200mn when market cap is a bonkers £15mn

[lithium bull] 22/11/2020 14:07

Hi im doing some research on lithium projects in Europe. From what I am reading the most promising look like Zinnwald, Savanah, Infinity and EMH. I was wondering what people think of these. Are any of them more or less likely to get off the ground? Am I missing any?

[cyfalafwr] 20/11/2020 20:56

Some biggish trades at the end of the day . Could be interesting on Monday.

[brainstg69] 19/11/2020 22:56

WHERES THISS PRICE GOING

[gepetto100] 19/11/2020 15:56

What a nice day

[goodgrief] 19/11/2020 09:58

There's a lot of chatter amongst stock speculators about the Green Revolution post-Trump and post-COVID. So good for lithium and copper stocks, vanadian miners, hydrogen developments and energy storage.

[adobbing] 17/11/2020 15:31

Somethings brewing!

[hhhold2] 11/11/2020 14:01

.proactiveinvestors.co.uk/companies/news/933398/european-metals--keith-coughlan-looks-ahead-to-otcqx-listing-and-offtake-talks-933398.html

[eurosd] 11/11/2020 10:05

Hi everyone, I am new to EMH and just bought in @36. Seems like a no brainer to me. They will be signing supply contracts first half of next year IMHO DYOR. Best of luck to all holders.

[cbeadle] 11/11/2020 09:12

I think there are probably many Czechs already well invested from the London or Australia listing . Prague is a fairly small market and listing will probably help to resolve any delays, although CEZ are also very powerful there. The fact that they are essentially government backed, with a captive market of car manufacturers within 100-200 miles gives EMH a dream ticket. Also it’s an ex coal mining district so a ready supply of qualified labour

[dvsfm] 10/11/2020 18:17

I would say interest in lithium has accelerated over last few months so maybe we are just catching up. Clearly that video got us some attention but the listing in America is another market to service without any extra shares Supply of which will only get tighter when Czech market is added I don't think any new shares are being created for this so get them while you can I would say Lithium projects are up for grabs at the moment to secure supply needed for future requirements.

[djfrankie2] 10/11/2020 17:19

That video on you tube did more good for the share price than a dozen rampers have managed in two years now the company have released the RNS saying they know of no reason for the surge in its share price i can only assume it will go back to the low 20s . ive been thinking about this if they list on the Czech exchange and the price stayed around 40 that would mean the Czechs would pay around 100% more than the rest of us , being a country that actually respects its people before others i would speculate that they will release new shares unless the share price goes back to a lower level... any thoughts

[matt123d] 10/11/2020 13:15

Added a few more here.