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Well that hype didn’t Happen

Amen WiseOwl

Yeh corrected ghin

XE playing tricks on me this morning ☕️

Still, 111% rise there will boost us

Hughe rise again over in Aus of 111%

$0.36 AUD is £0.30p GBP

so expect another big blue day here

Side note:

Interesting TESLA just announced plans to begin its Cyber-Cabs this year, starting next month in the USA.

If this succeeds and the company grows this even further to the EU continent, they’re going to have to secure a huge Li supply chain…!

GLA

I’m sure everyone on a high today wants to poke fun at those that doubted.

But have some respect squad.

Many posts against EMH the last years were highly justified, there was a lot of info hiding and failure.

However, today does at least mark the big turning point.

So rather than divide, let’s advise those who doubted to get onboard now while it’s still very low, I want you all making profit.

If you think 155% on a CRMA is a big jump, wait until DFS which will undoubtedly now come with offtakes.

This will be £1.50p+ no doubt on that day

HL Showing 130% rise

Wonder what the reaction over in Aus will do when they wake up for trading tomorrow 📈 ⬆️

“To become operational, the 47 Strategic Projects have an expected overall capital investment of €22.5 billion. These projects will be able to benefit from coordinated support by the Commission, Member States and financial institutions to become operational, notably regarding access to finance and support to connect with relevant off-takers. They will also benefit from streamlined permitting provisions, to ensure predictability for project promoters while safeguarding environmental, social and governance standards. In line with the CRMA, the permit-granting process will not exceed 27 months for extraction projects and 15 months for other projects. Currently, permitting processes can last from five to 10 years”

“These projects will ensure that the EU can fully meet its extraction, processing and recycling 2030 benchmarks for lithium and cobalt, while making substantial progress for graphite, nickel and manganese. Moreover, other strategic projects involving magnesium (1 project) and tungsten (3 projects) will contribute to the resilience of the EU's defence industry, which relies on the use of these materials”

Spread of course flying up indicates one thing….. they know

Now’s a very strong time to aquire if you haven’t.

As an LTI I’m very happy sitting watching this pile grow again

GLA

Just to note

We were £1.04 per share in 2021 on some needless hype around a VW Power Day presentation……

Without doubt the best news in a while.

Declared STRATEGIC ASSET for the EU is big.

I must admit I was hugely sceptical, probably due to frustrations & lack of other news.

But this now falls into the DFS so favourably.

SP should be so much higher now

Ghin is correct.

It’s very concerning the company has no DFS for the EU to utilise.

This is a colossal failure by KC and the company

Séjourné announced that he would present “dozens of critical raw materials projects.” However, he highlighted only aluminum, copper, nickel and “many steel alloying elements,” WITHOUT MENTIONING LITHIUM.

There will be a functioning mine in Ukraine before Czech’s get a sign off to proceed

We’ve only 1 month now until Q2

Skelly I hope you’re wrong as dfs is due during that period

I’m with Skelly on this one.

That doesn’t read well.

Have to agree Blonde-ad

It’s very sad to see such lack of comms from a company with thee premier Li deposit on the continent.

All I hold onto is that when DFS lands the SP will surpass the “VW Power-Day” prices

Bob,

what the EU are doing is purposely stalling all projects through stupid regulations while they allow Ukraine to be divided up and brought into the frame.

The proxy war was always about minerals, they’ve been announcing it throughout the last week, anyone with 1/2 a brain can see it

The whole sector in the EU stinks of corruption

Simple terms from the European Metals Holdings (EMH) quarterly report:

1.Project Progress – Cinovec Lithium Project

-The company is developing a large lithium mining project in the Czech Republic.

-They are working on a Definitive Feasibility Study (DFS) to finalize details like costs, logistics, and production capacity.

-A new location (EPR1 Power Station) has been chosen for the processing plant, which is bigger and has better infrastructure (power, water, rail access).

-This change should reduce costs, improve efficiency, and allow for future expansion.

2.Potential to Increase Lithium Production

-EMH is exploring ways to increase lithium production beyond the original plan.

-A recent study suggests they could boost output without expanding the underground mine.

-If confirmed in the DFS (due mid-2025), this could mean higher economies of scale and better project profitability.

3.Process Improvements

-The company is testing and refining its lithium extraction process to reduce waste, lower costs, and improve efficiency.

-They are making improvements in processing chemicals, energy use, and lithium recovery.

4.Financials

-EMH had $3.5 million in cash at the end of 2024.

-It is expecting $95,000 in receivables from its partner company, Geomet.

-No major spending on the Cinovec project in this quarter.

5.Payments & Corporate Updates

-About $237,000 was paid to directors and related parties for salaries and consulting.

-The company is changing its financial year-end from June to December to match Geomet’s reporting cycle.

-Employees and consultants received performance rights and options as part of an incentive plan.

Bottom Line

-EMH is making solid progress on its lithium project.

-The move to a better processing site (EPR1) should help long-term operations.

-There is a potential to increase lithium production, but this needs further confirmation.

-The company is managing its finances carefully while continuing project development.

So an RNS late Friday afternoon

This announcement from European Metals Holdings is essentially saying that they are clarifying a previous statement about a Concept Study for their Cinovec lithium project. Here’s what it means in simple terms:

1. Concept Study Results (Initial Announcement - Dec 2024):

-The company had shared results from a Concept Study, which looked at the possibility of increasing ore processing capacity beyond what was planned in the earlier Prefeasibility Study (PFS).

-The idea was that this could lead to higher production levels while keeping grades, mine life, and recovery rates stable.

-If this idea proved viable in a later, more detailed study (Definitive Feasibility Study - DFS), it could mean a production increase from the previously announced 29,386 tonnes per annum (tpa).

2. Clarification & Retraction:

-The company is now making it clear that the production increase is only a theoretical possibility at this stage.

-The actual economic feasibility of this idea is still unknown and will only be confirmed in the DFS, expected in mid-2025.

-They are telling shareholders that they should not rely on the December 2024 Concept Study announcement.

-The official production targets remain the same as stated in the earlier PFS, with no changes to the key assumptions or factors.

Bottom Line:

European Metals initially hinted at a potential production boost but is now clarifying that it’s just an idea for now, and nothing has officially changed. Investors should wait for the full feasibility study before assuming higher production levels.