European Metals Share Discussion Threads

[runthejoules] 10/2/2017 22:21

Please don't post any more TSLA stuff, it just reminds me I sold out like a ruddy flibbertigibbet. Could be up by faaaaarsands, mate! Hoping I'll get some of that lolly here whoever wins the EV race, though I suspect Uber's flying cars will have to be powered by graphene magnets or liquid hydrogen... :-(

[wrtmf] 10/2/2017 21:45

yep, don't forget the tin and tungsten.

[sambuca] 10/2/2017 20:36

I found this but cant find a date for the article apologies if its been posted before and I missed it.

Europe's largest car maker Volkswagen meets demands of the workforce and wants to build its first battery factory in Germany.
CEO Matthias MüllerGehe to Amazon for more product information! Confirmed at the "Autogipfel" meeting of the "Handelsblatt" on Wednesday in Munich that the first plant of the Volkswagen group for the electricity tanks in the home should be created. The workers' side had pushed for it - as a result of the increased focus on electric motors, the VW plants that produce components for the drive train of combustion engines are under pressure.
For some time now, it has been speculated as to whether VW is boosting its battery packs as a substitute for overtime work in the wake of the stronger electromobility in Germany. Bernd Osterloh, the VW works council boss, has long insisted that production sites for the batteries should also be produced in Europe, where the group earns the most money. Müller did not want to comment on the number of possible employees in new plants.

In the current negotiations on a "future pact" between employers go to Amazon for more product information! And workforce plays a major role where and how the carer will use his resources in the future. The Pact is designed to make the Volkswagen car brand's core brand with the VW logo fit. The stakeholders want to link guidelines for personnel reduction with commitments for sites and products. Osterloh had not lastly ruled out a failure of the pact in the "Süddeutsche Zeitung" when there were no commitments for the entry into the battery industry.

There is another bit which is very disjointed and I cant find again which says something about transforming the factory at "Salzgitter" which is less than 3 1/2 hours form Cinovec.
As I say I cannot get the page back from my history as I went through various links and then had to translate it.
I have got no morere time now but will try again later.

Sam

[sambuca] 10/2/2017 17:42

Not really related to EMH but this is where Tesla are going with electric cars.

If you thought electric cars were all environmental piety and no fun, the Tesla Model S is here to make you think again, says What Car. Everything about it is “designed to indulge”, from the sleek looks to the impressive interior. The first thing you notice before pulling off is the total silence from the motor.

The next is the “staggering221; response from that motor. Accelerating from 30mph to 40mph, for example, “happens in the blink of an eye” and the pulling is completely smooth as there are no gear changes: electric motors can deliver their maximum torque from zero rpm, so there’s no need for multi-speed boxes. It’s a smooth ride too: the car soaks up potholes with no fuss, handles well for something so big and heavy, and is very composed on the motorway too. This is a very desirable and capable car.

For 2017, Tesla has introduced new 100kWh batteries, which means the car can go further on one charge than ever before, says John Calne on iNews.co.uk. The officially quoted range is now 381 miles – expect something like 250 in the real world. And the performance, especially for the range-topping P100D model, is, well, ludicrous: put the car into “Ludicrous Plus” mode, and you’ll hit 60mph from rest in 2.4 seconds – making it a serious rival for any performance car on the road.

It is by no means perfect, says Chris Knapman in The Daily Telegraph – the range-topping model in particular is very expensive, the interior lacks the polish you’d expect from a luxury motor and parking is a challenge thanks to the car’s huge size. But the Tesla does address many of the drawbacks of other electric cars, as well as providing thrilling performance and class-leading amounts of space. And although far from cheap, it is very cheap to run and entry-level are no more expensive than an equivalent premium brand model. The Tesla “makes a compelling case for itself”.

Price: £132,700 (for the top of the range P100D model)
Power: 603bh
Torque: 713lb ft at 0rpm
Top speed: 155mph

Sam

[banshee] 10/2/2017 12:40

"The sheer size of Cinovec is highlighted by the 361m intercept which is in a league of its own in the lithium space"

Nice quote, there is enough lithium at Cinovec to keep the entire European Car Industry securely and locally supplied for decades, even assuming a more or less total switch to electric vehicles.

The tin will probably come in handy as well.

[luxaeterna1] 10/2/2017 10:12

I can't complain, I bought my first shares in EMH around this time last year at 8p. To say I'm happy about developments is an understatement. Potentially my first 10 bagger.

[bookwormrobert] 10/2/2017 09:52

Today's RNS very solid - Cinovec really is a special resource. Looking forward to the PFS. I'm not sure if this share will go up or down in the short term; in the long term it's going only one way.

[runthejoules] 10/2/2017 09:27

Like a fool I bought some more - for some reason thought people would be buying rather than selling this news. NEVER BREAK THE RULES - ALWAYS SELL THE NEWS!

[luxaeterna1] 10/2/2017 09:02

Based on value in ground and location, this mine is priceless.

Seriously. It's now all down to how much and how quickly they can get it out of the ground.

I mean, there is £40 to £60 billion of Lithium in the ground here. No reason why this cannot get to £1.50+ within 12 months. With 130m shares I don't think I'm unrealistic in my expectation for this share to drift slowly upwards to £1.50, with 130m shares I think I'm underplaying the eventual value of this mine.

In time to come, EMH could be the lithium equivalent of an oil major.

[steeplejack] 10/2/2017 08:45

A backwardation!.....They are to be treasured

[ahbroad] 10/2/2017 08:41

I'm being offered 52.5p to sell, so there seems to be a bid/offer inversion going on. strange

[ahbroad] 10/2/2017 08:31

Jamonit - simple - to put people off buying

[steeplejack] 10/2/2017 08:30

These latest results would appear to have been pretty well discounted given that they were telegraphed.The prop books were loaded up in anticipation.Going forward though,I don't think the potential is anywhere discounted,but for now I think the shares will consolidate at the higher levels.

[ahbroad] 10/2/2017 08:30

Agree with you on that front Hershel. The bar chart says it all really - I'd expect it to be at least middle of that table at the moment, but with the likes of the resource upgrade could really shift this up a gear.

Always the way though when a co. is seriously undervalued. The rerate takes a while, but when it happens can be relentless

[herschel k] 10/2/2017 08:21

TG.Long time no speak.All good here thanks. Hope all good with you?I was fortunate here, my average is less than 25p, but this is so undervalued IMO.Like ridiculously so.H

[the guardian] 10/2/2017 07:58

Hi Herschel, how are you doing? I only bought in a couple of days ago because I wanted a non oiler in my portfolio and after a bit of research, EMH seemed to be the best option. Great RNS this morning.

[herschel k] 10/2/2017 07:50

If it brings what we think it might then I'm struggling to see how this can't be valued at multiples of where we are now, just to be comparable to our peers..........

[herschel k] 10/2/2017 07:48

He's not the only one that is looking forward to it!

[someuwin] 09/2/2017 23:41

European Metals CEO Keith Coughlan said:

“I am very pleased to report results from the last three drillholes from the 2016 drilling programme at Cinovec Main. These results continue to either confirm or exceed our expectations with regards to lithium content and mineralisation width. The sheer size of Cinovec is highlighted by the 361m intercept which is in a league of its own in the lithium space. I am also pleased to report that we have completed the geologic model to a high degree of accuracy and that we have commissioned Widenbar and Associates to upgrade the resource estimate for the PFS study. I am looking forward to receiving and reporting these results in the near future.”