European Metals Share Discussion Threads

[wrtmf] 11/10/2016 10:17

mention of the met analysis completion [near term] in the last 2 drill updates; totally agree with following:

tukebay, hotcopper:
[extract]
'Yesterday's vol was the lowest since 25 August - and look what happened to the share price very soon thereafter. KC referred to the met work announcement again in their drilling report, so it can't be far away. I have stated for a long time that I believe this announcement will be of great importance to the company and very price sensitive. I also believe that if the preliminary met results weren't looking good, then KC wouldn't be making reference to them so frequently, thereby effectively "setting the market" for their release.'

[wrtmf] 10/10/2016 11:46

'On Sept. 2, Samsung announced a global recall of 2.5 million Note 7s due to faulty batteries which caused some of the phones to catch fire. It ordered new batteries from another supplier and started shipping replacements to customers just two weeks later. But similar problems arose with a replacement Note 7 on Oct. 5, which began smoking inside a Southwest Airline flight in the United States. Samsung shares, which have rebounded after an initial sell-off on the recall, closed down 1.5 percent, compared with a 0.2 percent rise for the broader market. "I think the cleanest thing to do is to give up on the Note 7," said HDC Asset Management fund manager Park Jung-hoon, whose fund owns Samsung shares.

--
no small amount of lithium taken out of circulation. just to emphasise, battery issue, not lithium issue.

[wrtmf] 10/10/2016 11:11

28 jul 2016 'cinovec lithium/tin project'
5 sep 2016 'cinovec lithium-tin-tungsten project'

[wrtmf] 09/10/2016 09:29

from rns 6oct,
'In the lowest parts of the drillholes, unusually elevated grades of niobium and tantalum were recorded, with the best individual samples of 510ppm Nb and 212ppm Ta (CIW-20).'

[myst1] 06/10/2016 21:39

The below is a translated German article from the same company, following this mornings announcement:


European Metals Holdings Limited (SIN: AU0 0000 0EMH5, WKN: A1 4XRL, ticker: E861, ASX: EMH) is pleased to announce that stock check research the following article about the company has written:
Europe s largest lithium storage facility is even greater than accepted - excellent drilling results up to 850ppm lithium

summary:

our current top-lithium share European Metals Holdings Limited (SIN: AU0 0000 0EMH5, WKN: A1 4XRL, ticker: E861, ASX: EMH) reports this morning excellent drilling results of up to 850ppm lithium. This is expected to Europe's largest lithium storage facility is much greater than previously assumed. By 3.4 to 5.3 million tonnes LCE is Europe s largest lithium storage facility by the ongoing exploration work revised upwards. Our Lithium-Top-Pick European Metals Holding Inc. should therefore soon with a clearly upward revised Resource Estimate to offer. Courageous and risk prepare investors beckons one course chance up to 390% with this Top-Lithium-share.
The two northernmost drill holes of European Metals Holdings Inc. point to a considerably larger lithium reserves in Europe's largest lithium storage facility. Drill hole CIW-19 reached 53.1 m with an average of 0.35 % Li2O (25 - 78.1 m) or 144 m with an average of 0.37 % Li2O (85 - 229 m), including a high level of part of 10.8 m with 0.71% Li2O (103 - 113.8 m). Drill hole CIW-20 contains 98 m with an average of 0.35 % Li2O (28 - 126 m), 16,85 m with 0.33 % Li2O (132,15 - 149 m) and 60 m with 0.49% Li2O (154 - 214 m), where the last high-grade part sections with 0.67 % Li2O to 9 m (160 - 169 m) or 0,85 % Li2O to 12.1 m (174 - 186,1 m). Our Lithium-Top-Pick European Metals Holding Limited wants Europe's largest lithium storage facility by the ongoing exploration work still significantly upward revision. By 3.4 to 5.3 million tonnes LCE is Europe s largest lithium storage facility are still growing. The share price rally of lithium shares of European Metals Holdings Limited, according to the pioneering messages go forward.

[wrtmf] 06/10/2016 17:44

cheers myst1

[myst1] 06/10/2016 13:23

The below is a translated German article from 4/10/16:

Link to the complete article of Aktiencheck Research on European Metals Holdings Limited:


Summary:

The largest shareholder of our lithium toppick European Metals Holdings Limited (SIN: AU000000EMH5, WKN: A14XRL, ticker: E861, ASX: EMH) is investing another AUD 3 million in the developer of the largest lithium deposit in Europe. Major shareholder Rare Earth Minerals (REM) has been the largest shareholder of European Metals since July 2015 and is continuously increasing its shareholding through placements and market purchases. REM currently has a market capitalization of around 93 million AUD. This ensures the financing of further steps towards a feasibility study. Bold and highly risky investors have a track record of up to 417% with the lithium shares of European Metals Holdings Limited.
The car manufacturers Volkswagen, BMW and Daimler are also likely to have an eye on Europe's largest lithium deposit. Right on the German-Czech border, in the heart of Europe, there is a huge lithium deposit of up to 5.7 million tonnes of lithium (LEC). The competitors, which are highly traded on the stock exchange, are rated around 5 times as high. Bold and highly risky investors are expecting 417% of the lithium shares of European Metals Holdings Limited.
Our Lithium Top Pick European Metals Holdings Limited controls the largest lithium deposit in Europe. The huge lithium deposit located in the heart of Europe has a lithium resource of a tremendous 5.7 million tonnes of lithium carbonate equivalent. The price of lithium carbonate has increased fivefold from EUR 4,000 per tonne to more than EUR 20,000 per capita since 2014. The metal value in the soil of this colossal lithium deposit is thus up to 114 billion EUR.
The lithium deposit facility Cinovec, located directly on the German border, has the potential for a world-class lithium project. The lithium resource of the Indicated and Inferred categories is a massive 5.7 million tonnes of LCE. The current resource estimate is to be significantly increased by means of the current drilling. The resource estimate is to be increased by 3.4 to 5.3 million tonnes of LCE using the currently available drilling measures. This would make Cinovec the largest lithium project in the world (non-salt water).
Our lithium top pick European Metals Holdings Limited remains significantly undervalued compared to its competitors. Despite the enormous lithium deposit of an estimated 5.7 million tonnes of lithium carbonate, European Metals Holdings Limited currently has a market capitalization of only EUR 49.7 million (AUD 72.5 million) on the stock market. The company's value in European Metals Holdings is EUR 8.72 (AUD 12.73) per ton of lithium carbonate. The highly-traded stock market Highflyer Pure Energy and Lithium X Energy are rated 5 times as high. Lithium X Energy is currently investing EUR 52 (AUD 78) per ton of lithium carbonate. Pure Energy Minerals comes from a company value per ton of lithium carbonate of 45 EUR (AUD 67.5).
Europe's largest lithium project could become a strategically indispensable supplier to Europe's auto industry. Even now, European Metals Holdings Limited is likely to be in the sights of the autonies VW, Daimler and BMW as well as the battery manufacturer Samsung, LG Electronics and A123 and could soon become a takeover candidate.
We therefore reaffirm our assessment of "Strong Outperformer" for the lithium shares of European Metals Holdings Limited. The price target for 12 months of EUR 1.50 will confirm. This equates to a 287% bailout for bold and risky investors. At 24 months, we believe a price target of EUR 2.00 is realistic. This equates to 417% for the lithium shares of European Metals Holdings Limited.
> Link to the complete article of Aktiencheck Research on European Metals Holdings Limited:

[wrtmf] 06/10/2016 10:04

paris motor show running for another 10 days, maybe giving some people there food for thought

[wrtmf] 06/10/2016 10:04

if we follow asx, we'll finish strongly into close.... i'm hoping asx pushes past 56.5cents tonight, continue uptrend.

[wrtmf] 06/10/2016 10:04

i think, funding from left field aside, the next 2 big rns will be metallurgy and mineral resource update, also the current drilling will continue into march and take us to the fs/dfs.

2791m out of 7500m drilled. [4 months already]
heading for about 23 holes.

drilling for such a long period allows for potentially a couple of updated mre, if so the first would be later in the autumn. [the other, once drilling complete].

having reflected on previous rns wording, the drilling was to move most of jorc/inferred to jorc/indicated, not to get us to the pfs, subtlely different. correct me if wrong please.

as for the share price movement, i give up, but holding the price down to allow bigger buyers on board is as good a strategy as any.

[dvsfm] 06/10/2016 09:35

beats me, more news expected though, its all coming together

[wrtmf] 06/10/2016 01:43

struggling to stay blue...
trading bot back in action to keep price down?

[wrtmf] 06/10/2016 00:51

asx:emh volatile at the moment and all over the place.
hopefully heading towards 60c by our morning....

[wrtmf] 06/10/2016 00:34

'With three drill rigs operating targeting high-grade zones and metallurgical test work almost complete, we look forward to updating the market as the project advances up the development curve and towards potential commercialization'

was looking in on hotcopper and saw the announcement, must have been preopen, as no trading vol was recorded yet. no comments either.

met work almost complete. fab.
drilling continues out west, where that very high grade turned up.
mineralisation at under 30m is also highly significant to keeping costs down.

I feel better already. should be a decent day tomorrow.
hopefully met work completes within fortnight or so.
:)

[still along way to go with the drilling, got some more money, get another rig...]

[jdsdps] 05/10/2016 23:51

6 October 2016

SHALLOW LITHIUM MINERALISATION INTERSECTED AT CINOVEC


European Metals Holdings Limited (“European Metals” or “the Company”) (ASX and AIM: EMH) is pleased to announce analytical results for two confirmation drillholes CIW-19 and CIW-20 at the Cinovec Lithium-Tin-Tungsten Project ("the project" or "Cinovec"). Key Points:
• The two drillholes are the most northern drilled by the Company and are collared near the old main shaft. • Significant lithium mineralization intersected from less than 30m depth in both holes, these are the shallowest intervals to-date. • Drillhole CIW-19 returned two main lithium-mineralized intercepts of 53.1m averaging 0.35%Li2O (25-78.1m) and 144m averaging 0.37%Li2O (85-229m), with a high-grade interval of 10.8m@0.71% Li2O (103-113.8m). • Drillhole CIW-20 returned three main mineralized intercepts: 98m averaging 0.35%Li2O (28-126m), 16.85m averaging 0.33% Li2O (132.15-149m) and 60m averaging 0.49%Li2O (154-214m), with the latter containing high-grade intervals of 9m@0.67%Li2O (160-169m) and 12.1m@0.85%Li2O (174-186.1m). • Significant tin and tungsten mineralization was intersected in upper part of both drillholes: 3.1m@0.20%Sn and 0.021%W, 4.75m@0.13%Sn and 0.015%W, 2.45m@0.17%Sn and 0.003%W and 1.35m@0.122%W and 0.07%Sn in drillhole CIW-19; 3m@0.37%Sn and 0.003%W, and 1m@0.36%Sn and 0.004%W in drillhole CIW-20. • Drilling continues in the western part of the Cinovec deposit (targeting highgrade zones near the rhyolite/granite contact) and in the central part (targeting near-surface mineralization on the flanks of the historic underground mine). Altogether, eight drillholes have been completed this year (2,791m) with three other underway at this time. European Metals CEO Keith Coughlan said: “This year’s drilling programme has yielded excellent results. During the year we have continued to verify the historic drilling and also, have identified high-grade drill intersections in areas that there has been relatively little historical work. The shallow lithium intercepts that extend significantly beyond historical workings, combined with the substantive tin and tungsten intercepts, we believe, will have a positive effect on the economics of the project. With three drill rigs operating targeting high-grade zones and metallurgical test work almost complete, we look forward to updating the market as the project advances up the development curve and towards potential commercialization221;.

[wrtmf] 05/10/2016 21:40

maybe.
i will be upset if no drill news tonight.
[sorry if i might come across as a bit schiz at times].

[vegabaja] 05/10/2016 18:58

Maybe the company is so knocked out by the latest drill results they are finding it difficult composing the rns?

[wrtmf] 05/10/2016 06:50

directorstalk-sharetalk should ask kc when he thinks the drilling will finish.
drilling started around the 2nd week of june and should have finished in sept, so far we have had.....



....1 hole result!

[wrtmf] 05/10/2016 05:55

emh will do well to finish flat/blue today
[on non news days pls-gxy-emh tend to move in the same direction]

[wrtmf] 04/10/2016 16:45

news tonight or tomorrow night, not fri
drilling update...

[wrtmf] 04/10/2016 14:17

33.95 v 33.75
possibly
33.95 v 33.8

[wrtmf] 04/10/2016 13:03

working a big buy?