Detail akcie European Metals online

Business Summary: European Metals Holdings Limited (European Metals) 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. The Cinovec Lithium hosts the lithium resource in Europe. The project is located approximately 100 kilometers NW from Prague on the border with Germany, adjacent to a main road with two rail lines within approximately 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 2021, European Metals Holdings Ltd revenues increased 5% to A$626K. Net loss decreased 16% to A$1.9M. Revenues reflect Revenue remaining flat at A$0K. Lower net loss reflects Share based payments decrease of 80% to A$185K (expense), Professional fees decrease of 19% to A$597K (expense), Selling/General/Admin Expense decrease from A$60K (expense) to A$0K.