European Metals Share Discussion Threads

[wrtmf] 13/9/2016 07:19

we are also a little over 2wks away from vw revealing their preproduction ev and the buzz that's going to surround it

[prelude to a 30 model range]

[wrtmf] 13/9/2016 07:13

' "We will continue to report on improvements to aspects of the pre-feasibility study. Metallurgical testing and test work on the front end of the proposed process route are progressing with positive results that we expect to announce shortly. '


i'm hoping this is finally going to be some news from anzaplan [based in germany]

[someuwin] 13/9/2016 07:09

Fantastic news. This is getting better and better.

[wrtmf] 13/9/2016 07:09

asx, intraday reversal, ozzies came to their senses to take it blue towards close. hurrah!

[wrtmf] 13/9/2016 06:47

hugely significant announcement on asx overnight, should make the germans want to buy these even more. further news shortly, metallurgy, showing up the ozzies for selling on news [asx, a few % red].....


13 September 2016
SIGNIFICANT CAPITAL SAVINGS IN REVIEWED SCOPING STUDY
European Metals Holdings Limited (European Metals) is pleased to announce a significant reduction of pre-production capital costs, based on a review of the scoping study. The review is being undertaken as part of the pre-feasibility study and has resulted in the identification of significant reductions to the previously-released capital expenditure estimations (CAPEX) for the Cinovec Lithium-Tin Project (Cinovec or Project).
Key Points:
• Project economics enhanced
• Significant reduction in CAPEX costs
• USD 38 million saving on mining CAPEX costs
• USD 47 million saving on lithium plant CAPEX costs
• Improved design and operating procedures based on independent studies and market benchmarks
• Savings, designs and operating procedures to be included in improved pre-feasibility study
European Metals CEO, Keith Coughlan said
“The current environment provides an exceptional opportunity for European Metals with low capital costs and increasing prices and demand for lithium carbonate. Cinovec is currently the largest lithium deposit in Europe and conveniently located in close proximity to multiple end-users. Enhanced economics are making the project even more attractive.
“The reduced capital requirements that we have achieved improve the project economics and shorten the payback period. This assists greatly in attracting development finance.
“We will continue to report on improvements to aspects of the pre-feasibility study. Metallurgical testing and test work on the front end of the proposed process route are progressing with positive results that we expect to announce shortly.
“We are very pleased with the progress on all facets of the pre-feasibility study currently being completed on Cinovec. Significant improvements are evident in all aspects and will result in further enhancments to project economics.”

[myst1] 12/9/2016 21:03

Isaready. Hardly missed this one! It's only just getting noticed! Compare the market cap with its peers and also bear in mind location, size of resource etc!

[wrtmf] 12/9/2016 20:58

listed in london, other than emh, there's


kodal [kod] taken a controlling interest in prospective lithium concession in mali

bacanora [bcn] advancing their sonora lithium project in mexico

rare earth minerals [rem] have shares in bcn, emh, macarthur minerals

savannah resources [sav] are surface sampling lithium prospects in finland


hope that helps for starters, others maybe able to name companies omitted.

[isaready] 12/9/2016 20:27

Ah missed this one, however I was wondering what stocks were out there for the future, producing this battery material. Are there any others ?

[wrtmf] 12/9/2016 16:31

frankfurt finishing strongly on 0.49euros, 41.3p
either london will start strongly tomorrow or frankfurt with a treeshake

[someuwin] 12/9/2016 14:43

Almost 40p.

[someuwin] 12/9/2016 10:48

Bounced off of 40p.

Another attack on that level and we should go a lot higher.

[wrtmf] 12/9/2016 08:20

isin
VGG3191T1021

from the quote page.

[telbap] 12/9/2016 08:06

@pontential. Possible got the potential to do it.

[telbap] 12/9/2016 08:04

Gonna be an rns soon, too much so increase. Glad I bought back in. Lost the faith during the last little dip.

[potential] 12/9/2016 07:51

40p today? ?

[wrtmf] 12/9/2016 07:18

diff market caps, pls, gxy, emh, but have monitored the relative share price movements since the spring broker note on gxy pointed it out to be undervalued [and helpfully for us, emh to be even more undervalued]. over that time, i watched emh struggle to catch the share price of gxy [mcap of multiples], but in the last few days emh has scorched both!

pls 50.5cents
gxy 32.5
emh 61

5sep
pls 55.5
gxy 40.5
emh 38

just a bit of fun! small victories and all that

[mcaps aus$
pls 604m
gxy 667m
emh 64.5m]

[wrtmf] 12/9/2016 06:57

1.35m vol, asx 61cents

[wrtmf] 12/9/2016 02:09

significant trading vol on asx tonight 380k+ in first hr, but they are playing catch up, 57cents/32.4p

going to be another interesting week....

[sambuca] 11/9/2016 20:41

Another interesting listen.



Sam

[sambuca] 11/9/2016 20:00

Interview was done back in February I havnt seen it before, its worth a look.


Sam