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2.78%

17.5¢ european metals holdings limited

Keith Explanation Proactive, page-58

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traydor

3,737 Posts.

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06/05/17

23:11

Post #: 24521175
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Originally posted by Welsho54 ↑

Just saw Keith's "Explanation" and I've gotta say it was piss weak!

Blaming cost of Tin, therefore mine dynamic adjusted. Well the price of Tin is well up over the year.

Went for a higher Lithium bearing zone, that's fine. But lower than expected Tin recoveries is the real issue there.

20k tonnes LCE, market didn't like it. Looking at increasing that. Well, no real foresight there either Keith, for a $400m spend 20k LCE doesn't really cut it. How are we going to increase that? Two of the biggest roasters in the world??

Costs have risen across the board, quoted FMC. Well that's brine and the negative of brines, is their exposure to weather conditions etc. We are hard rock, don't think inflation can be blamed for an increase in production costs "across the board" as a valid reason for the PFS costings.

Let's call a spade a spade, they made the wrong decision at the start of the PFS to evaluate the roasting process. Simple as that, can't really ask for a do over now at the rate EMH moves.

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So much knowledge you have Welsho, look at the share price crumbling before our eyes!!!!!

EMH Price at posting: $1.04 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 17.5¢		Change -0.005(2.78%)		Mkt cap ! $36.30M

Open	High	Low	Value	Volume
20.0¢	20.0¢	17.0¢	$10.29K	53.77K

Buyers (Bids)

No.	Vol.	Price($)
1	12000	17.5¢

Sellers (Offers)

Price($)	Vol.	No.
18.5¢	5000	1

View Market Depth

No.	Vol.	Price($)
1	12000	0.175
3	150630	0.170
2	65000	0.165
1	6458	0.155
2	28333	0.150

Price($)	Vol.	No.
0.185	5000	1
0.195	16414	1
0.200	21877	2
0.210	81843	2
0.220	6400	1

Last trade - 15.44pm 10/09/2024 (20 minute delay)

EMH (ASX) Chart