Member Info for degsie

VSA confirm Buy recommendation and target price of 114p

In our model we assume current spot prices ($12,000/t LiOH) through the mine life and have
inflated our capital cost requirement from the June updated PFS to $550m (from $483m).
Using these inputs we calculate a fair value at 64p/sh using a DCF methodology risked
at 20% of NPV10 and based on a 10% discount rate. There is strong potential for value
appreciation as European Metals goes through its development cycle.

'I fill up my car's tank for just £4': have electric cars reached tipping point?

The directors spent £350k on shares at 0.11p at end of June.
We can moan about them but I do not think they are idiots.

News . Thank you for comments. Extraxt from AR for 2018-- Under our estimation, The FS mine plan currently has some 12% of the plant feed being mined from the 30% joint venture areas owned by Mexalit. I assumed , perhaps incoreectly, that would give some value to JV and hence KDNC,

I agree with Ivybush. I have done some sums ; The market cap is £11m. 20% of EMH has a value of £6.8m. 1.7% of BCN has a value of £1m as does 10% of MMS. In addition there are the JVs with Hastings and BCN, investments in Greenland, Argentina and Australia and stakes in Auroch &Clancy. The outstanding amount on Loan Note is $2.44 - £2m.
Summary Market cap £11m, Loan Note £3m, Listed investments £8.8m leaving £5.2m . The JVs should be worth more than that and EMH with an NPV of $1.2b- £900m- should be worth considerably more than current market cap. MMS has much potential as does Amapa. Greenland who knows??

Zinnwald feasibility study.
The study is 374 pages. On page 324 there is a projected cash flow and table of NPVs. The undiscounted NPV is 1559m euros and discounted at 8% the value is 428m euros.

The study is 374 pages. On page 324 there is a projected cash flow and table of NPVs. The undiscounted NPV is 1559m euros and discounted at 8% the value is 428m euros.

I appreciate that existing shareholders will be substantially diluted and that profits are in future but IMO shares are substantially undervalued. W H Ireland and Shard Capital placed target prices of 78p and 76p before the deal with CEZ.
Market cap £34m NPV $1.2b/ £960m
Link to interview with KC -I think this has been posted before- he is very positive,
https://www.proactiveinvestors.co.uk/companies/stocktube/14106/european-metals--keith-coughlan-discusses-significant-potential-partnership-with-cez-14106.html

Bannor. Do you remember ITMA. There was character in that whose catch phrase was "it's being so cheerful that keeps me going" . Her name was Mona-a -lot.
The directors recently spent £350k buying shares at 0.11p. Now that ia a vote of confidence.

As it was exactly £25k almost certainly a buy.

Bannor. Are you shareholder in KDNC?

https://www.youtube.com/watch?v=3ZyBjwKhxzQ

London74.
I am bewildered as to why you bother to post at all. All your comments are negative. IMO I think the BOD has found some investments with great potential any one of which could be achieve value in excess of masrket cap. I am puzzled by the deealings in BCN.

30 minutes about electric cars.
https://www.bbc.co.uk/sounds/play/m0006ls4

30 minutes about electric cars.
https://www.bbc.co.uk/sounds/play/m0006ls4

European Metals looks to climb the value chain with addition of lithium hydroxide production to plans for Cinovec

https://www.proactiveinvestors.co.uk/companies/news/223740/european-metals-looks-to-climb-the-value-chain-with-addition-of-lithium-hydroxide-production-to-plans-for-cinovec-223740.html

European Metals looks to climb the value chain with addition of lithium hydroxide production to plans for Cinovec

https://www.proactiveinvestors.co.uk/companies/news/223740/european-metals-looks-to-climb-the-value-chain-with-addition-of-lithium-hydroxide-production-to-plans-for-cinovec-223740.html

New technologies that will transform electric vehicle charging – including wireless systems – are to be developed in the UK with the help of government funding.

https://evfleetworld.co.uk/government-investment-in-solar-and-wifi-tech-to-transform-ev-charging/

KDNC owns 100% of a mining license that abuts the boundaries of the licenses owned by Greenland Minerals Ltd.
What is its value???
Greenland Minerals Ltd (‘GML’ or ‘the Company’) is pleased to provide an updated capital cost
estimate for the Kvanefjeld Project (the Project). The Project’s capital cost estimate has been reduced
by 40% from US$832M (Company Announcement April 6th, 2016) to US$505M. The Kvanefjeld Project,
100% owned by GML, is underpinned by the largest code-compliant (JORC or CIM) rare earth resource
globally.