Detail akcie European Metals online

Business Summary: European Metals Holdings Limited is an Australia-based mineral exploration and development company. The Company focused on advancing the Cinovec vertically integrated battery metals project in Czech Republic. The Company, through its subsidiary, Geomet s.r.o., controls the mineral exploration licenses over the Cinovec Lithium/Tin project. Cinovec hosts a global hard rock lithium deposit with a total indicated mineral resource of 372.4 Mt. The project is located approximately 100 kilometers northwest from Prague on the border with Germany, adjacent to a main road with two rail lines within 10 kilometers of the deposit. The project is situated in the heart of Europe with ready access to end user car makers and companies involved in energy storage.
Financial Summary: BRIEF: For the six months ended 31 December 2023, European Metals Holdings Ltd revenues increased 84% to A$1.3M. Net loss decreased 70% to A$1.1M. Revenues reflect Other income increase from A$160K to A$985K. Lower net loss reflects Share based payments decrease from A$1.9M (expense) to A$854K (income), Other expenses decrease of 67% to A$102K (expense), Other Income decrease of 20% to A$68K (expense).