EMH 0.00% 27.0¢ european metals holdings limited

Expectations, page-15

  1. 7,603 Posts.
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    Pary , I agree with you , the catalyst will be off take and partnership which is what they are working on , we have the largest Li mine in Europe and will require a half a billion investment , not the 10 to 20 million some others just received from their Chinese partners ( and that was for further drilling ) . As to the low cash , the temp funding was obviously put in place as this deal is just around the corner and can only assume they thought the deal would have been done earlier , a deal of this size with large corporations just do not consummate in a short time frame . Production time frame is really only 2 and a bit years away . As for our share price , yes I do believe we could have better communication from our management to the share holders , there are also now aprox 200 lithium plays on the market and the punters are now dividing their investment cash across all of these and has become harder to attract . On saying this , I have been trading for a long time and I have not seen as much fury on bust and boom on stocks in this last period in the stock market . And hence why I am so bullish on $2.50 to $4 a share when we actually do do a deal . If you read the other post BCN is going to pay 40 million pounds for 511,000 tonnes of Li , that is about half our market cap at our highs , yet we have 14 times more Li than Solarworld . Dear Mr Market just does not always get it right , I personally have been happy picking up shares under 80 cents .
 
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