SP22 May 2026 11:54
The only way that this sp will get anywhere near £1.20 /share is if we get the volume.
For some time there has been very little movement in the sp either due to lack of volume or manipulation to keep the price down for a cheap takeover.
Daily news about 'European Lithium' (ASX:EUR); what has concerned me for a few years is the lack of publicity about the Cinovec mine & EMH to get a 'fair price' level. I was in contact with KC about Rb some years ago; I also was in comms, 10 yrs ago, about the use of a fleet of electric mining equipment; I have also aired my concerns to him about the lack of publicity about the mine being 'underground' (+ve criteria for my relatively small investment) from an ESG pov. THis is constantly on my mind atm.
I have not had any significant replies from KC; I think that he has done well to get the mine to this stage with only 237,568,705 share in issue, (as a partner inside Geomet) be it delayed due to the painfully slow progress of EU bureaucracy even though I agree that a solid ESG process is important.
My experience tells me that when the next milestones are met a buyout of EMH will occur and I worry that the sp will have been managed for the benefit of an institutional investor takeover at a price that may have already been agreed via the 'nod & a wink' that we see occur , but difficult to prove, so many times in AIM. So I would prefer to see an 'off-take' rather than a controlling offer.
If I was KC I too would get as much out of the company by having an increased shares allocation at this stage but that is his hedge for a low -ball offer for EMH. The one analyst offering a 12 month price target expects European Metals Holdings Ltd share price to rise to 70.69p (reduced from 88p ?) in the next year from the last price of 18p which I have never taken too much notice of and treat as unreliable, misleading and inaccurate.
If we don't get more interest from retailers the price will stay hovering around the 18p and that will be the 'floor' for takeover valuation.
Retail investors, once again, have done their bidding and created a market for the Cinovec resource but now it comes down to the 'human factor' and trust in KC that he will provide VERY LONG TERM retail investors with a 'reasonable' return on investment. History and experience tells me that we are at risk of being compromised by greed from those privy to information that is held within a small network of greedy people who, without prejudice, may be able to lie to its investors - we shall see, but price may not ever get to the £1+ that I was hoping for after 10+ years invested here. I hope that KC is true to his word to achieve a 'fair price' for the retailers who have planted their 'hard earned' into this project - else it would not have got to where it is now, a 'vital' "strategic" resource for the EU - not JUST for Germany, on one hand, and Czech Rep, on the other, but, for the EU in its entirety.
We are getting close to our wishful reality, folks