Member Info for dan1nat1

Great find Fingers! I like this bit -

"Summary. Our base-case indicative valuation for European Metals is 45p/sh fullydiluted (c.A$0.79/sh). This is based on a sum-of-the-parts NAV valuation driven by
our NPV10%
of US$289m (£222m) for the Cinovec project and appropriate
adjustments. Our valuation standpoint is highly cautious at present; we use
conservative modelling assumptions, a high discount rate and risk our valuation
heavily, using a 0.5x multiple. Our sum of the parts NAV is £214m or 45p/sh after
adjusting for equity dilution (at 35p/sh) from our assumption of the equity
component of a mine-build fundraise. On an unrisked, unfunded basis, our sum of
the parts NAV would be 226p/sh. We also present a flex case where we assume
that EMH adjusts its strategy to produce a battery-market facing lithium hydroxide
product. Our fully diluted risked NAV under a lithium hydroxide scenario
increases to 80p/sh (A$1.40/sh)."

Duggan will then own practically 49% of the company...he must have at least a small idea of a takeover.

Good news from Yoda would help massively, and it would probably accelerate any partners interest.

Look out for Peel going on the bid, looks to me like they are playing games while the volume is low.

I don’t need an excuse, it’s not for me to decide where others choose to put there money.

Out of interest do you know of another company that has a more active program in the next 3 months?

Like the PFS update!

The reason for the delay “is a good one” and “announcement will be substantial”.

Quotes from the latest interview on proactive.

Clearly we have had a big seller in the background, imo that is the reason the sp has been down for the last 3 months, if they are not cleared yet they must be soon, just in time for what could be a great few months!

We are days away from the start of a very active period, not sure if anyone can name a company with more drills due to happen in the next 3 months than we have? At today’s price anyone talking down RBD clearly has there own motives.

Which is why I think they need to wait for Yoda before they announce Jap results, using all data available they should have a clearer idea of what is going on.

Hi Mani,

The trial being complete doesn't mean they have finished "analysing all the data" knowing what we know I hope the analysis runs until Yoda data is release.

Looks like Peel had a couple of orders to fill today, back to there usual games of dropping the bid hitting a few stops then as soon as they are filled they are back on the bid... a good sign that any overhang is cleared imo.

Context is everything, and your original two word post gave none.

There will be a fund raise, unless there is interest from a larger pharma in taking a slice. That will depend on if any trials are underway and how they seem to be going.

What did you think would happen?

Takeover and that's why they are not bothered about the adviser situation... ;)

I agree £13k's worth when he is still holding over £2m worth is him paying for Christmas imo.

Looks like we are being overlooked by the herd...

Commenting on today's results, Patrick Cheetham, Executive Chairman, said: "It has been a very busy year and our strategic plan is on track. We have seen a number of positive market developments this year, both for natural pozzolan and perlite. This has resulted in a high level of interest in our project from potential customers and the first commercial trials in customers' facilities have been very successful. We will continue working hard in 2019 to deliver the project and to see this reflected in the value of the Company. I look forward to reporting further progress and to meeting shareholders at our AGM in 2019."

Are you serious? The LP gig could be free and this would still be fantastic news for EVRH, if you don’t understand why then maybe you are in the wrong stock?

I would rather if Father Christmas kept hold of it unless he also has an update on Yoda tucked away in there to.

Did someone just buy 1 share so they could post code 1 ;)

https://www.aerotime.aero/jason.shaw/22148-is-the-flybe-future-about-to-unfold

Do you not consider the number of deals they have lined up is them "walking the walk"?

Regarding dividends, are you really expecting them? I though S&S see shareholder value by increasing the size of the overall portfolio, not by handing out dividends.