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Merger?

Not sure if its been mentioned but if Rio merge with Glencore that will imo be the green light for ZIOC

Glencore is the trader RIO the miner.

Glencore needs a miner like RIO to advance ZIOC

looks like headed back to test that high to me

moving looks like NEWS to me?

?

Rufus Short, Chief Executive Officer of Edenville, commented: "Having received the balance of funds in mid-May 2019 from our previously announced placing, Edenville has focused on the completion of certain upgrades to the plant as well as opening up the Northern Area. I am pleased to report these have either been completed ahead of schedule or remain on track for completion next month.

"I look forward to providing further updates over the coming months as the upgraded plant becomes fully operational and the Company looks to increase production once the Northern Area is open. As previously disclosed the Directors believe the coal from the Northern Area has the potential to provide greater yields than areas mined previously. We consider Edenville is on track to become cashflow positive within the next 10 months, targeting an initial 6,000 tonnes per month which we consider to be a breakeven level, increasing to 10,000+ tonnes per month thereafter."

500 trade

update coming

13 million shares

last 30mins

Fantastic result market will appraise this and rerate higher accordingly imo.

HIGHLIGHTS (all $ figures in this release are US Dollars and increases refer to the 2017 PFS Lithium Carbonate study):

· Net estimated overall cost of production post credits: $3,435 / tonne LiOH.H2O
· Project Net Present Value ("NPV") increases 105% to: $1.108B (post tax, 8%)
· Internal Rate of Return ("IRR") increased 37% to 28.8% (post tax)
· Total Capital Cost: $482.6M
· Annual production of Battery Grade Lithium Hydroxide: 25,267 tonnes
· Studies are based on only 9.3% of reported Indicated Mineral Resource and a mine life of 21 years processing an average of 1.68 Mtpa ore

using only 9% of ore resource!

VWAG BMW MERCEDES ect ect must be reading todays RNS no brainer for any of them imo

PFS UPDATE CONFIRMS POTENTIAL OF LOW-COST LITHIUM HYDROXIDE PRODUCTION European Metals Holdings Limited (“European Metals” or “the Company”) is pleased to announce the results from the successful update of the process flowsheet previously developed to enable the production of lithium hydroxide (LiOH.H2O). This work has been completed in conjunction with test-work confirming the production of battery grade lithium hydroxide from Cinovec ore.
These results significantly enhance the forecast economics of the Cinovec Project.
HIGHLIGHTS (all $ figures in this release are US Dollars and increases refer to the 2017 PFS Lithium Carbonate study):

• Net estimated overall cost of production post credits: $3,435 / tonne LiOH.H2O • Project Net Present Value (“NPV”) increases 105% to: $1.108B (post tax, 8%) • Internal Rate of Return (“IRR”) increased 37% to 28.8% (post tax) • Total Capital Cost: $482.6M • Annual production of Battery Grade Lithium Hydroxide: 25,267 tonnes • Studies are based on only 9.3% of reported Indicated Mineral Resource and a mine life of 21 years processing an average of 1.68 Mtpa ore • The process used to produce lithium hydroxide allows for the staging of lithium carbonate and then lithium hydroxide production to minimize capital and startup risk and enables the production of either battery grade lithium hydroxide or carbonate as markets demand European Metals Managing Director Keith Coughlan said, “I am very pleased to report to shareholders on the completion of this update to our 2017 Preliminary Feasibility Study for the Cinovec project which adds significantly to the already robust forecast economics for the project. Since demonstrating that battery grade lithium hydroxide can be produced from zinnwaldite mineralisation we have worked with Hatch to update the flowsheet and engineering required to adapt our lithium carbonate producing flowsheet to one that converts battery grade lithium carbonate into lithium hydroxide. We have now confirmed the ability with our resource, which is the largest lithium resource in Europe, to produce either or both products in line with market requirements once in production. Cinovec is strategically located in central Europe in close proximity to the continent’s vehicle manufacturers. With increasing demand for Electric Vehicles and the expected demands of grid storage capacity, the project is very well placed to supply the European lithium market for many decades.”

looking very interesting at this time for the first time in a long time. Some ducks lining up to deliver good news for you LTH's

seriously overlooked currently and a BUY right here imo

some banking 50% gain myself im buying any dip this can only rise from here imo

Fantastic update firing on all 8 cylinders! Seriously think this could one day be a £500 million mcap miner

Yep and held well next move higher coming in next few sessions we’ll into the 2p+++

Firmly in place and with rumours abound this could double from here easily 65p is a first real resistance but if big news lands that will be smashed imo

lol sorry guys realised time was a little out