European Metals Share Discussion Threads

[halland75] 16/4/2024 14:28

Up over 10%.
I can only assume news is near.

If this goes up 20% today, I no longer just assume.

Looking great here guys.

[someuwin] 16/4/2024 14:24

No buy quote available.

[amaretto1] 16/4/2024 14:09

No It's all FACTS !! Lithium markets is finished

[sporazene2] 16/4/2024 13:48

amaretto116 Apr '24 - 14:26 - 2123 of 2125 (Filtered)

complete bellend.

[amaretto1] 16/4/2024 13:28

Car manufacturers are Steering away from EV CARS BMW latest

[amaretto1] 16/4/2024 13:27

Prove me wrong on lithium market ?? Come on show me facts Mine after mine Being stopped or mothballed

[amaretto1] 16/4/2024 13:26

Back to here Lithium market EV market collapsed Hydrogen Sodium batteries are the future NOT lithium

[paulhopeful] 16/4/2024 09:54

Capital Economics: 31st Jan 2024. We forecast global lithium demand will roughly double by 2025 ( from 2022 ) But supply will increase at a slower pace, which is why we forecast prices will rise. Perhaps WH Ireland fair value view of 184p isn’t too overly optimistic.

[halland75] 16/4/2024 08:55

Nice little tick up in anticipation perhaps for.....

The EU soon to announce the 17 strategic projects.

Review findings expected before the end of April outlining significant improvements and developments.

Giga factory news.

Bought at 14p and could not be happier 👍

[sporazene2] 12/4/2024 06:05

No placing inbound here. Cash is sufficient to last well into Q3 and the conclusion of the DFS, Offtake and project funding. More cash to be raised after those milestones are hit is my understanding.

[paulhopeful] 11/4/2024 21:13

Europe wants it’s own supply, looks like it may have it soon.

[amaretto1] 11/4/2024 18:50

Should be ok then It's just the actual lithium market that's the problem by the looks

[someuwin] 11/4/2024 18:20

As at 31st Dec 2023...

Cash and cash equivalents $5,668,926

Trade and other receivables $1,387,064

Other assets $196,790

TOTAL CURRENT ASSETS $7,252,780

So no need for a raise any time soon.

[amaretto1] 11/4/2024 18:04

They are out of money Placing is in the pipe By all accounts

[paulhopeful] 11/4/2024 16:26

Risk must be substantial reduced after this excellent news, well done Keith.. It’s a long way back to the top and beyond, but finally the chart is starting to look good.

[diesel] 11/4/2024 16:20

I’m afraid you’re probably right, quite a prominent RNS for proving up an already tested process, albeit in the lab. If they do a placing before the DFS what will that doesn’t bode well!

[amaretto1] 11/4/2024 16:01

Placing inbound here !

[husbod] 11/4/2024 12:33

Thanks for the clarification and your subsequent post.Seems to be every reason to top up which as usual pour moi means averaging down.It's a bit of a no brainier really if the resource is there and is of the quality stated. It's a bit like Thacker Pass in the States ie located in a country which badly needs a secure source of lithium and where you are not in any way beholden to China.

[halland75] 11/4/2024 12:28

Gorgeous chart!
Thanks someuwin.

Hope you guys meet, then surpass your averages.

[someuwin] 11/4/2024 12:17

Getting on for 4m daily volume, and its only mid day. We haven't seen volume as high as this since 2020, just before the share price went on a rocket!

[robertspc1] 11/4/2024 11:34

Well if the share price does this on relatively little new news, just imagine what on offtake plus funding would mean. Can KC actually deliver after all his bluster

[dbfromgb] 11/4/2024 11:12

Incidentally the reason for my belief in the increased production is based on the following. With a politically difficult permitting process it made sense to keep the size of the project small and based on one day shift. Now with the ECRMA simplifying and facilitating the permitting process that political difficulty is reduced, and with the potential for a domestic gigafactory still live the political risks from higher production are much reduced. Imho.

[dbfromgb] 11/4/2024 11:07

This I think was the original valuation from a while back, and was well reasoned, but dependent on numerous assumptions which will have changed over time. Plenty of negatives, mainly around cost, concern over pricing structure, and interest rates for example. But positives including proof of process, EU support for permitting and funding, and a more thorough/comprehensive DFS process. Net effect on price target probably slightly negative, but not by as much as the market is pricing in. BUT and this is a big caveat, the original valuation was based on production of 30k tonnes pa, whereas many of us still believe the final outcome will be a doubling of this figure - and with high fixed costs and relatively low variable costs this dramatically changes the valuation, and makes the original 184p target conservative. Time will tell...