European Metals Share Discussion Threads

[someuwin] 16/6/2023 08:26

Stock is tight. Will be moving up soon - imo.

[someuwin] 13/6/2023 13:58

ATM and EMH are both very similar. Both have one of the worlds largest hard-rock tin mines. Both moving to become globally significant lithium producers.

ATM valuation about £100m. Location Namibia. Africa.

EMH valuation about £100m. Location Czech Republic. EU.

I hold both and expect both to rise significantly. For example, yesterday broker note put a TP of 35p on ATM 5 times current 7p.

[someuwin] 13/6/2023 09:30

European Metals in the 'final straight' at Cinovec

European Metals and its Czech partner choosing a site for the ore beneficiation and battery-grade lithium plant at Cinovec is timely, suggests WH Ireland.

The layout of the proposed plants and design of the ore corridor can now be finalised and brought into the Feasibility Study, expected to be finalised in the final quarter of this year.

"EMH is in the final straight as it completes the studies and creates the blueprint for the delivery of the project," the broker added

"Cinovec will be a significant pure lithium producer in the EU – a region where there is little domestic raw material production and a region with a huge demand as it battles to achieve a carbon-neutral future."

[robertspc1] 13/6/2023 08:35

Up 17 per cent in Oz

[diesel] 13/6/2023 08:26

The long term graph shows the potential, won’t be a straight line, but this is getting noticed again.

[someuwin] 13/6/2023 08:15

Looking strong

[diesel] 11/6/2023 21:55

CB…. Not at all unreasonable.

[cbeadle] 11/6/2023 19:48

We already have been above 70p, I would want well above £1,00

[dbfromgb] 10/6/2023 14:59

DFS is due October. Next news is finalisation of the processing pilot (end June) and probably concurrently product samples sent to potential off takers for analysis.

[goodgrief] 10/6/2023 10:48

When is DFS due? It has been ages since the last really significant news, or seems so!

[wallywoo] 09/6/2023 08:20

Been waiting patiently for this to wake up. Looks like the next few months will be the time. Anyone care to guess what target to have for a share price? 70p is mine.

[diesel] 09/6/2023 07:39

Now we’re cooking on gas!

[someuwin] 09/6/2023 07:24

9 June 2023

Land Secured for Cinovec Lithium Plant

Highlights:

- Cinovec Project Company, Geomet s.r.o. secures ownership of Dukla industrial site for construction of the Cinovec lithium plant

- Dukla Plant site will include ore beneficiation plant and battery-grade lithium plant
- Geomet s.r.o., owner of 100% of the Cinovec Project, to become sole owner/user of site
European Metals Holdings Limited ( ASX & AIM: EMH, OTCQX: EMHXY, ERPNF and EMHLF ) (" European Metals " or the " Company ") is pleased to announce Geomet s.r.o (its 49% owned subsidiary) has agreed to purchase land at the industrial site "Dukla" in the Újezdeček Municipality, 6.2 km south of the planned Cinovec Mine portal area, on which it intends to construct a lithium plant, for a total purchase consideration of US$ 43.96m.

Commenting on the land purchases, European Metals Executive Chairman Keith Coughlan said:

"Acquiring this land secures an integral part of the Cinovec Project - the acquisition of the land on which the Lithium Plant is to be built. The close location of Dukla to the mine site is critical to the minimisation of transport costs and ESG impact. The acquired land is zoned for industrial use.

With the land now secured, DRA Global can complete the layout designs for the lithium plant which are required as part of the DFS. This enables the timeline to completion to be maintained."

Dukla Processing Plant Site

The Dukla site, which is subject to an existing industrial usage permit, is owned by four private companies, with all peripheral and adjacent land relevant to the site held by Czech State and/or local public bodies.

The Cinovec Project holding company, Geomet s.r.o. ( Geomet ) which is a forty nine percent (49%) owned subsidiary of European Metals, has agreed to acquire one of the privately-held land packages and entered into exclusive and unconditional option agreements for the purchase of the other three.

The Dukla site has been confirmed as an appropriate site upon which to build a lithium plant for the beneficiation of Cinovec ore and production of battery-grade lithium in accordance with the Company's ongoing DFS which is on track to be completed in 4Q23. This confirmation has been obtained as a result of engineering layout and design work undertaken in the DFS to-date, geohydrological and geotechnical surveys over the site, completed in early 2023.

An application to the Usti Regional Department of Land Use Planning for the rezoning of the land around the Dukla site (which is already zoned for industrial use), ore transport corridor options and the Cinovec Mine portal area was made in April 2022. The result of this re-zoning application is expected to be finalised in 4Q23. The Company intends to exercise its 3 options and settle these land acquisitions after the re-zoning application has been successful, anticipated to occur in 2024.

Figure 1 below shows the Dukla site, including the land packages to be acquired. Figure 2 shows the Dukla site in the context of the local area and the Cinovec Mine portal.

Principal Terms of the Dukla Land Contracts

Geomet signed the contracts having future options to acquire all necessary lands in Dukla location at total value of CZK966m (US$ 43.96m) . EMH has provided a loan of CZK 121m (US$ 5.51m) to Geomet for its proportion of all deposits and option fees. The Company funded the loan to Geomet using cash at bank and anticipates that the remainder of the monies to be paid at exercise of the Option will be funded as part of the project financing for the Cinovec Project. Each of the contracts are unconditional.

1. Seller - Imola Company a.s. (17.5 Ha, shown in purple in Figure 2)
-- Option to purchase the land
-- Payments made up to the date of exercise of the option
-- Final date for exercise of option to purchase is 31(st) July 2025
-- Geomet has received a pledge over the land
2. Seller - FVE Tech s.r.o. (2.2 Ha, shown in red in Figure 2)

-- Option to purchase the land
-- Final date for exercise of option to purchase is 31(st) July 2025
-- Geomet has received a pledge over the land
3. Seller - MC Centrum a.s. (Deskform) (4.1 Ha, shown in green in Figure 2)
-- Acquired MC Centrum a.s.
-- Final date for exercise of option to purchase 31(st) July 2025
-- A mortgage in favour of the Joint venture partners (Severoceske Doly and the Company) has been granted over the land.

4. Seller - DATOU s.r.o. (0.5 Ha, shown in orange in Figure 2)
-- CZK 120,000 (US$5,400) deposit paid.
-- CZK 930,000 (US$41,850) to be paid on completion.
-- Acquisition will complete upon entry into land registry, expected on or around 3(rd) July 2023

Figure 1: Orange boundary shows the full Dukla land package with the grey area currently in the regional re-zoning permitting process. Purple, green, red and orange areas are the land packages being acquired or secured by contract as detailed in this announcement; in aggregate, these correspond approximately to the existing industrially-permitted area. All of the grey area within the regional re-zoning application area is held by Czech State and local public bodies. The majority of the grey area is required for land access (road/rail) and/or plant construction purposes.

Purple Imola Company a.s. land package secured by contract, including rail spur land adjoining existing rail line.

Red FVE Tech s.r.o. land package secured by contract.
Green MC Centrum a.s. (Deskform) land package secured by contract.
Orange DATOU s.r.o. , due to complete until 3(rd) July 2023 at the latest.
Figure 2: The Dukla Plant Site in the local context showing the mine portal area 6.23km to the north. The Project sites are north and north-west of the industrial town of Teplice. The elongated north/south town shown in Figure 2 is Dubí.

[diesel] 02/6/2023 09:38

Feeling more positive about the share price trajectory, wouldn’t be surprised to see another blue day.

[someuwin] 02/6/2023 09:19

2 June 2023



INVESTOR WEBINAR PRESENTATION

European Metals Holdings Limited (ASX & AIM: EMH, OTCQX: EMHXY, ERPNF and EMHLF) ("European Metals" or the "Company") is pleased to announce its participation in the ShareCafe Small Cap "Hidden Gems" Webinar, to be held on Friday, 2 June 2023 from 12:30pm AEDT / 10:30am AWST.

Keith Coughlan - Executive Chairman of the Company will provide an overview of the Cinovec Project - the largest hard rock lithium resource in Europe, located in the Czech Republic. The project is actively supported by both the Czech Government and the European Union. Cinovec will be a fully integrated battery metals project producing approximately 29,386 tpa of battery grade lithium hydroxide and/or lithium carbonate for the rapidly growing European Battery industry and Electric Vehicle industry. The Cinovec Project has the potential to have the lowest overall environmental impacts compared to other conventional lithium battery metals projects not only in Europe but also on a global basis.

This webinar can be viewed live via Zoom and will provide viewers the opportunity to hear from, and engage with, a range of ASX-listed leading micro/mid cap companies.

To access further details of the event and to register at no cost, please click on the image or link below:

A picture containing text, screenshot, font, design Description automatically generated



A recorded copy of the webinar will be made available following the event.

A copy of the investor presentation to be delivered during the webinar can be found at the Company's website - www.europeanmet.com.

[someuwin] 01/6/2023 09:03

"The neutral pH of the flotation further enhances the already strong ESG credentials of the Cinovec Project particularly when compared to the acid flotation used on micas elsewhere around the globe. We expect the current testwork to be completed by the end of June and will publish the full results."

[goodgrief] 01/6/2023 07:41

The political tailwinds driving European lithium development Keith Coughlan discusses the European demand for lithium and the scale of the company's Cinovec project. hTTps://www.finnewsnetwork.com.au/archives/finance_news_network415327.html

[robertspc1] 31/5/2023 19:56

Portuguese lithium project gets positive environmental approval... savannah resources up 20 per cent. Cinovec is much more environmentally friendly

[diesel] 31/5/2023 10:25

Morning all, am I right in thinking the price of Lithium has just jumped $10000/tonne, still way below its highs but seems like an upward trajectory.

[petersinthemarket] 29/5/2023 10:13

Many thanks diesel - a constructive response - I hope your faith is rewarded. It's been some years since I first boght into EMH and still no output, so i wanted to hear what supporters thought of it. I will continue to watch EMH, ZNWD and CTL for now. I favour the latter atm and I suspect it may be first into genuine production, but it doesn't look to me as if there is any need to rush to buy yet. Best of luck with your holding.

[diesel] 27/5/2023 13:11

Peter, you ask reasonable questions and probably apply to many explorers where the share price reacts strongly to discoveries but tend to wane due to dilution, timescale and risks to production. EMH has a lot going for it and when in production could be worth 10x present mcap, but this will depend on how they raise the capex. Personally I believe the malaise in share price is due to boredom/frustration at how long it’s taken to get a DFS out, at least now we have a definitive. I am convinced that the release together with EV permissions will have a dramatic effect on the share price. As you say there are many producers or ones coming online soon but we should not overlook the desire for home supply whether US, China or the EU. Of course this is all personal analysis, good luck….

[greenmachine1] 27/5/2023 13:02

Lol. I sent you a link for the Rockstock channel that undoubtedly blows some of your points out the water but you deem it unworthy of comment. Plenty of other boards that you can ask but if you do, go in with your eyes open……oh, and please don’t try to antagonise anyone who you don’t agree with…

[petersinthemarket] 27/5/2023 12:48

Actually, I'm just someone who is asking for help and advice, but no-one seems prepared to engage constructively, so i assume there is not much of a case to defend. Best of luck.

[greenmachine1] 27/5/2023 12:10

Pete, you’re trying too hard. Some of your assumptions are also wide of the mark. You’re either a troll or you’re someone who will never be convinced.