EMH 13.0% 26.0¢ european metals holdings limited

VW Securing Long Term Contracts, page-2

  1. 2,805 Posts.
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    At the moment VW, BMW or anyone else can't enter into any deals with EMH because of the well-known political difficulties. IMHO the team at EMH has to do two things: a) get on with completing the DFS as planned, while at the same time, b) have a plan B for the company. Right now EMH is snookered because it has all of its eggs in just one basket. But EMH has money in the bank and can afford to fund a desktop study by its geologists to search for exploration areas in, dare I say it, Western Australia or anywhere else. They may even look into other metals, such as cobalt or gold or whatever takes their fancy. Some other Aussie companies that I have shares in, have gone heavily into renewable metals (cobalt or lithium) and stated that they are looking to off-load their good non-core assets, such as gold tenaments. EMH needs a plan B so that if the situation in Czech Republic isn't resolved before the end of 2018 or 2019 or 2020 (heaven forbid), at least there is an insurance policy.
 
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