European Metals Share Discussion Threads

[robertspc1] 03/12/2021 08:48

Tin prices have nearly doubled from a year ago, and are on course for their biggest annual rise in over 30 years. Tin is set to be the best-performing metal on the LME for 2021, surging past $40,000/t for the first time last week, while in China, prices are up 100% in Shanghai.

[robertspc1] 02/12/2021 12:50

Very surprised to see this down given the VW news. The best lithium asset in Europe is worth way more than the market valuation IMHO

[diesel] 01/12/2021 20:11

All the ducks are lining up!

[robertspc1] 01/12/2021 17:41

Very interesting stuff from VW today. Battery & raw material investment to cost up to $34bn. More proactive approach to get raw materials, looking to strike partnerships, announcements due in some weeks. May even include becoming a shareholder in a mining firm. Want sustainable materials etc. Surely EMH ticks every box. Let the fun begin

[robertspc1] 01/12/2021 15:03

Just seems like everything is taking longer than expected so some investors taking profits. Hopefully offtake news will emerge soon

[ahbroad] 30/11/2021 15:49

Or perhaps it’s something else?!

[diesel] 30/11/2021 12:47

I’m surprised by the weakness here, maybe investors don’t believe this will ever come to fruition.

[diesel] 23/11/2021 08:52

Another interesting read today, this approach can only add value to what is already an attractive proposition. Their location alone sets them apart from most of the worlds suppliers from on a carbon miles basis. Looking forward to the revised PFS, which is noted to be out shortly.

[robertspc1] 23/11/2021 08:48

From today's RNS...we expect to shortly provide a market update covering the additional benefits of a mine backfill study and a revised PFS which updates the project economics and value of the Project.

[robertspc1] 15/11/2021 21:45

Thanks. Guess the ESG report will be out soon too

[dbfromgb] 15/11/2021 09:00

Keith referred to this in a recent interview, so it is on the radar. Probably an updated note from WHI or Rodney, but could be a reworked PFS incorporating other updated info. The AGM on the 24th is when one might normally expect an updated presentation or similar, so could be tied into that.

[robertspc1] 15/11/2021 08:35

Surely their brokers could put out an updated PFS estimate based on current prices etc.

[goodgrief] 12/11/2021 08:07

Just tweeted by EMH..."In the 2019 PFS Cinovec's tin credits were worth USD 1,440/t of lithium hydroxide. That was at a tin price of $22,500. Last close was $39,124".And lithium hydroxide has doubled in price too! I'd like to see the IRR based on those prices!!

[robertspc1] 09/11/2021 12:23

Let's hope so, all the stars are aligned

[diesel] 09/11/2021 11:57

Rob, seems a bit lonely here, agree with the sentiment that this is becoming an anomaly
in this sector. The commodities (tin and lithium) are both at or near all time highs, I think our patience will be rewarded.

[robertspc1] 08/11/2021 17:33

Here's another major deal...China's Tsingshan, world's largest stainless steel maker, invests up to $375m to take stake in Argentinian #lithium project with France's Eramet. The big guys are coming

[robertspc1] 04/11/2021 10:40

Was up 14 per cent overnight in Oz

[robertspc1] 02/11/2021 16:09

I think the offtake will come first in order to provide confidence before the feasibility study and financing. I think the CEO has said he wasn't in a rush given the big rise in lithium prices !!

[sporazene2] 02/11/2021 11:55

hi robertspc1 - Is the feasibility study not due to be completed before the offtake agreements are finalised? in some of the recent interviews I have seen with the CEO he stated a couple of times he wasnt in a rush to agree the offtake.

[robertspc1] 02/11/2021 10:17

Benchmark view - 2022 will be the year Lithium's structural challenges become abundantly clear. Will likely cause Battery OEM and EV makers major supply headaches. Best European asset up for grabs

[robertspc1] 01/11/2021 16:18

Bidding war breaking out for Millennial Lithium over the pond. First Ganfeng then CATL now Lithium Anericas. Cinovec is an unmatched asset so expecting multi party interest

[robertspc1] 31/10/2021 21:02

So either the offtake is being delayed by issues around resource quality or by the sheer competitive interest. I still think VW (with Czech govt) and Tesla know this is the best and biggest lithium opportunity in Europe. That means $$$

[robertspc1] 29/10/2021 23:01

Guess everyone is bored waiting for offtake news. But Battery producers have begun to increase lithium ion cell prices following a period of consistent raw material price rises throughout 2021, particularly for lithium.Several of China's major lithium ion battery makers have written to customers setting out intentions of new pricing structures, citing the rise in cathode and anode raw material prices as well as higher costs more generally,

[robertspc1] 14/10/2021 14:05

Tin price hitting all time highs

[robertspc1] 13/10/2021 16:54

Thematica put in $5m at 61p in January. Everything has improved since then and they remain very bullish on lithium. I think there may an announcement about increased holding some time soon.