theprior
04 Nov 2019
Significant rise today After being in the doldrums recently the sp took a 12% rise today. Good news for holders, hopefully the beginning of a trend! TP
theprior
16 Jan 2019
Rns 16.01.19 Initial market euphoria now somewhat muted as it appears this so called offer has no specifics. Waste of time, except to say somebody thinks it’s worth something. TP
Average_Dave
16 Jan 2019
Rns 16.01.19 RECEIPT OF UNSOLICITED INDICATIVE OFFER FROM KRUPA GLOBAL INVESTMENTS (KGI) FOR THE CINOVEC PROJECT The Board of European Metals Holdings Limited (“European Metals†or “the Companyâ€) confirms that it received on 15 January 2019 a letter from Krupa Global Investments (KGI) purporting to make an indicative offer on behalf of the Ceske Litihium company (a member of the KGI Group) to “purchase the lithium mining and processing project at Cinovecâ€. The purported inidcative offer letter however does not contain any detail with regards to price, terms or conditions. In light of the absence of this information European Metals does not consider this to be an offer to which it can give consideration at this time. European Metals is making this announcement as it has become aware that KGI has released its letter to the Czech Press. European Metals has had no discussion with KGI on this matter. BACKGROUND INFORMATION ON CINOVEC PROJECT OVERVIEW Cinovec Lithium/Tin Project European Metals, through its wholly owned subsidiary, Geomet s.r.o., controls the mineral exploration licenses awarded by the Czech State over the Cinovec Lithium/Tin Project. Cinovec hosts a globally significant hard rock lithium deposit with a total Indicated Mineral Resource of 372.4Mt @ 0.45% Li2O and 0.04% Sn and an Inferred Mineral Resource of 323.5Mt @ 0.39% Li2O and 0.04% Sn containing a combined 7.18 million tonnes Lithium Carbonate Equivalent and 263kt of tin. An initial Probable Ore Reserve of 34.5Mt @ 0.65% Li2O and 0.09% Sn has been declared to cover the first 20 years mining at an output of 22,800 tpa of lithium carbonate. This makes Cinovec the largest lithium deposit in Europe, the fourth largest non-brine deposit in the world and a globally significant tin resource. The deposit has previously had over 400,000 tonnes of ore mined as a trial sub-level open stope underground mining operation. EMH has completed a Preliminary Feasibility Study, conducted by specialist independent consultants, which indicated a return post tax NPV of USD540m and an IRR of 21%. It confirmed the deposit is amenable to bulk underground mining. Metallurgical test work has produced both battery grade lithium carbonate and high-grade tin concentrate at excellent recoveries. Cinovec is centrally located for European end-users and is well serviced by infrastructure, with a sealed road adjacent to the deposit, rail lines located 5 km north and 8 km south of the deposit and an active 22 kV transmission line running to the historic mine. As the deposit lies in an active mining region, it has strong community support. The economic viability of Cinovec has been enhanced by the recent strong increase in demand for lithium globally, and within Europe specifically. CONTACT For further information on this update or the Company generally, please visit our website at www. [link] or contact: Mr. Keith Coughlan Managing Director COMPETENT PERSON Information in this release that relates to exploration results is based on information compiled by Dr Pavel Reichl. Dr Reichl is a Certified Professional Geologist (certified by the American Institute of Professional Geologists), a member of the American Institute of Professional Geologists, a Fellow of the Society of Economic Geologists and is a Competent Person as defined in the 2012 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves and a Qualified Person for the purposes of the AIM Guidance Note on Mining and Oil & Gas Companies dated June 2009. Dr Reichl consents to the inclusion in the release of the matters based on his information in the form and context in which it appears. Dr Reichl holds CDIs in European Metals. The information in this release that relates to Mineral Resources and Exploration Targets has been compiled by Mr Lynn Widenbar. Mr Widenbar, who is a Member of the Australasian Institute of Mining and Metallurgy, is a full time employee of Widenbar and Associates and produced the estimate based on data and geological information supplied by European Metals. Mr Widenbar has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity that he is undertaking to qualify as a Competent Person as defined in the JORC Code 2012 Edition of the Australasian Code for Reporting of Exploration Results, Minerals Resources and Ore Reserves. Mr Widenbar consents to the inclusion in this report of the matters based on his information in the form and context that the information appears. CAUTION REGARDING FORWARD LOOKING STATEMENTS Information included in this release constitutes forward-looking statements. Often, but not always, forward looking statements can generally be identified by the use of forward looking words such as “mayâ€, “willâ€, “expectâ€, “intendâ€, “planâ€, “estimateâ€, “anticipateâ€, “continueâ€, and “guidanceâ€, or other similar words and may include, without limitation, statements regarding plans, strategies and objectives of management, anticipated production or construction commencement dates and expected costs or production outputs. Forward looking statements inherently involve known and unknown risks, uncertainties and other factors that may cause the company’s actual results, performance and achievements to differ materially from any future results, performance or achievements. Relevant factors may include, but are not limited to, changes in commodity prices, foreign exchange fluctuations and general economic conditions, increased costs and demand for production inputs, the speculative nature of exploration and project development, including the risks of obtaining necessary licences and permits and diminishing quantities or grades of reserves, political and social risks, changes to the regulatory framework within which the company operates or may in the future operate, environmental conditions including extreme weather conditions, recruitment and retention of personnel, industrial relations issues and litigation. Forward looking statements are based on the company and its management’s good faith assumptions relating to the financial, market, regulatory and other relevant environments that will exist and affect the company’s business and operations in the future. The company does not give any assurance that the assumptions on which forward looking statements are based will prove to be correct, or that the company’s business or operations will not be affected in any material manner by these or other factors not foreseen or foreseeable by the company or management or beyond the company’s control. Although the company attempts and has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in forward looking statements, there may be other factors that could cause actual results, performance, achievements or events not to be as anticipated, estimated or intended, and many events are beyond the reasonable control of the company. Accordingly, readers are cautioned not to place undue reliance on forward looking statements. Forward looking statements in these materials speak only at the date of issue. Subject to any continuing obligations under applicable law or any relevant stock exchange listing rules, in providing this information the company does not undertake any obligation to publicly update or revise any of the forward looking statements or to advise of any change in events, conditions or circumstances on which any such statement is based. LITHIUM CLASSIFICATION AND CONVERSION FACTORS Lithium grades are normally presented in percentages or parts per million (ppm). Grades of deposits are also expressed as lithium compounds in percentages, for example as a percent lithium oxide (Li2O) content or percent lithium carbonate (Li2CO3) content. Lithium carbonate equivalent (“LCEâ€) is the industry standard terminology for, and is equivalent to, Li2CO3. Use of LCE is to provide data comparable with industry reports and is the total equivalent amount of lithium carbonate, assuming the lithium content in the deposit is converted to lithium carbonate, using the conversion rates in the table included below to get an equivalent Li2CO3 value in percent. Use of LCE assumes 100% recovery and no process losses in the extraction of Li2CO3 from the deposit. Lithium resources and reserves are usually presented in tonnes of LCE or Li. END - - - A_D
theprior
04 Sep 2018
Significant advancements Significant RNS, significant rise in sp, significant progress, at last. Significant Li production on the way. “BUY†TP
theprior
01 May 2018
Quarterly reports posted RNSs issued 30/04/18TP
theprior
04 Apr 2018
BCN Zinnwald BCN have updates today on their Zinnwald prospect which is just over the border and contagious with Cinovec.Worth a read.TP
kolwezimundele
06 Feb 2018
Re: Sharp drop And another 12% down on no (negative ) news to my knowledge. Any ideas why
kolwezimundele
05 Feb 2018
Sharp drop 14% price drop to 27p and I see no news. .....
theprior
10 Jan 2018
BCN news From just over the border from Cinovec.Interest in the region is strong TP
theprior
21 Dec 2017
+10% in Aus Earlier, but not yet reflected here.TP
theprior
19 Dec 2017
NY Times article About Cinovec[link] that they’ve published this, considering they’re across the pond 
))TP
theprior
19 Dec 2017
More good news...RNS Closer now to beginning operations.TP
theprior
13 Dec 2017
Good news [link]
investgreen
01 Dec 2017
Re: Political stuff is resolved !!! key paragraph is:"The best option is the third option. "In the case of the European importance of Cínovec, the following can be assumed: EMH-GEOMET will carry out a feasibility study in 2018 and will decide on the next step. In the case of economic efficiency and reasonable risks, the implementation of the mining project will continue. In this case, the state will receive a share of payments from all extracted minerals, including very high cesium and rubidium payments. The Ministry of Industry and Trade may, in accordance with Government Decree No. 98/2016 Coll. and the Upper Law, increase the rate of lithium reimbursement (up to a maximum of 10%) from the current 0.6-0.7%. The state is not taking any responsibility for the realization of the mining project and for its results, "
Disorder
01 Dec 2017
Re: Political stuff is resolved !!! Brilliant...... (I missed that translate link earlier)... I feel such a dumbo..Thanks..
