In this interview, Share Talk spoke with the Managing Director and CEO of European Metal Holdings Ltd (EMH), Keith Coughlan. Keith covers the “Significant Capital Saving in Reviewed Scoping Study” http://www.europeanmet.com/shareholdercentre-asxaimannouncements.html RNS released by EMH. He goes into detail as to what these pre-production capital cost savings mean for the Company’s Cinovec Lithium and Iron project. The savings total US$85M = £64.44M Vs EMH at 34.25p Aim-listed market cap of £42.04M. Keith pointed out that EMH have no requirements for immediate funding.
Keith goes into detail about the infrastructure available to EMH and what this means for the Company long term. He talks about the potential of its undeveloped Tin deposits project. He also covers the rapidly rising demand from European and global car manufacturers for Lithium in the production of Electric vehicles (EVs) which require Lithium Batteries.
He added that EMH share price has had a strong run year to date, with even more developments still to come. In addition, shareholders and potential investors should expect further news flow over the forthcoming months.
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