Member Info for LLInv

If buyers aren't fighting already then they're too late.

What is your understanding of the relation between Keller and EMH? How close is he to the operations of the project.

I notice Armco Barriers are a major shareholder and he likes to tweet about the stock often.

Exciting times - Was there any news or announcement?

Was just checking $EMH on Twitter a few minutes ago and came across a tweet from Howard Klein on August 1st on the interview with Keith.

I was looking at the replies to the tweet and saw someone asked for a price target and a certain Richard Keller replied saying "$10.00 Aud in next couple of months". Regardless of how unlikely that may be, I checked his Twitter profile to see if he had any investment-related qualifications in his bio and saw that he's the director of Armco Barriers Pty Ltd who, as it turns out, is the second largest shareholder of European Metals according to this from the EMH website:

"ARMCO Barriers Pty Ltd, Road & Construction Supplies of Australia Pty Ltd for the Keller Super Fund A/C and the Estate of Anna Keller have an aggregate interest in 16,566,000 ordinary shares (via CDIs). ARMCO Barriers Pty Ltd is interested in 13,633,000 CDIs, Road & Construction Supplies of Australia Pty Ltd as trustee for the Estate of Anna Keller is interested in 1,010,000 CDIs and a related party to these entities is interested in 1,923,000 CDIs"

I'm assuming Anna Keller is a relative.

In fact, it's not just this tweet. Going through his history the vast majority of them are promoting/ramping/whatever the company.

Just feels a little "off" is all.

Are you able to contact your brokerage's respective support team? They might be able to give some background as to why you are unable to purchase EMHXY

Went down a bit of a rabbit-hole with regards to what's going on with the EMHXY listing and as to why we're not seeing a quoted price on Google Finance, Ft, CNBC etc. - According to OTCMarkets.com EMHXY is "unsolicited quotes only".

Here's a few links for further reading:

https://www.europeanmet.com/american-depositary-receipt-adr-program/

https://www.otcmarkets.com/stock/EMHXY/quote

https://www.sec.gov/fast-answers/answersunsolicitedquotationshtm.html

Fair points, Malik - I hadn't considered these and was admittedly looking at it as a "not with us? You're against us" perspective.

Still, ultimately, projections are that there's going to be nowhere enough lithium to go around so having fewer spades in the ground only makes the metal more valuable.

Antelope,

To your point about Rio, do you see this has a significant risk to EMH's success? Or maybe they see us as a M&A target?

Seems like Rio have confirmed twice our tpa in carbonate amongst other metals and we've confirmed just 25ktpa and doubling that is still in the air. Rio are the big time - second largest mining company according to that article.

Anyone seen any activity on EMHXY state-side? I've checked Ft and CNBC and there's no data

Hmm... Original RNS stated "EMH and Deutsche Bank establishing a sponsored Level 1 ADS program with each ADS representing 20 ordinary EMH shares" so, and I'm very likely taking this too literally, does that mean each "share" on the OTC is worth 20x of what the current listed price is so 75p x 20 = £15 converted to USD is $20.72.

I'm honestly have no idea how this works, but it's fun to speculate ahead of the opening bell!

Curious what everyone's thoughts are on an opening price? Is there a calculation based on shares available, market cap etc. or a raw currency conversion from another exchange e.g. ASX?

A little under 2 hours and we'll find out, just wondering how it works really.

Via Haplo - https://twitter.com/HC_Haplo/status/1419882968420519942?s=19

Bubble, apologies for perhaps the silly question, but I had thought it was already known that the project was fully permitted? Or were those permits exclusive to United Downs?

Here's the link a copy of the deck: https://www.cez.cz/webpublic/file/edee/ospol/fileexport-s/pro-investory/informacni-povinnost-emitenta/2021-07/20210722_vision2030_en.pdf

Cinovec mentioned on slides 45 & 46, but no "new" news.

Starts at 1300 BST so hopefully some news to follow!

Still hoping for an offtake announcement as many of us are - If CEZ were the one's negotiating with VW/Skoda and that's where the offtake goes, then I would imagine it would be CEZ to make the announcement followed by an RNS from EMH some point thereafter.

Obviously Cinovec isn't CEZ's only clean energy project and I'm not sure whether they consider it a "flagship project", but imagine some good focus on it as it's significant to Europe.

Curious how long after these filings do shares become available to trade on the OTC? Tried to cross reference with the Tata's filing date and when they first started to trade on the OTC and couldn't find any date as a solid reference as they're no longer traded on there.

Only 7 full business days left in July so hopefully they hit their deadline.

3/6 of their European gigafactories announced, none of which in the Czech Republic - The wait continues...

You're right wrt to floor price - not fair to say.

Perhaps pre-excitement price!

... Followed by a gradual fall back to our floor price because of no tangible news relating to EMH.

I mean, my fingers are crossed hoping for some news, but it was a bit of a tease with VWs power day - Fool me once...

Sorry, I'm just keeping my expectations in check!

Patience is bitter, but its fruit is sweet

Easy for me to say (only holding since Jan this year)