Detail akcie European Metals online

Business Summary: European Metals Holdings Limited is a mineral exploration and development company engaged in the exploration of tin and base metals. The Company is primarily involved in the development of a lithium and tin project in the Czech Republic. The Company's segments include Australia, Congo and Czech. The Company's project includes Cinovec Lithium/Tin Project. The Cinovec project is located approximately 100 kilometers north west from Prague on the border with Germany. It is located in Cinovec-Zinnwald mining district. The Inferred Joint Ore Reserves Committee (JORC)-compliant resource based on approximately 846 diamond drillholes for over 83,466 meters, and approximately 21.5 kilometers of underground development tunnels is 28 metric tons (Mt) at 0.4% tin (Sn) (28 Mt at 0.6% Sn equivalent-allowing for lithium and tungsten credits), and over 37 Mt at 0.38% lithium (Li). The Company's subsidiaries include European Metals UK Limited and Geomet S.R.O.
Financial Summary: BRIEF: For the fiscal year ended 30 June 2018, European Metals Holdings Ltd revenues increased from A$187K to A$647K. Net loss increased 12% to A$4.7M. Revenues reflect Other income increase from A$174K to A$646K. Higher net loss reflects Impairment expense increase from A$0K to A$1.9M (expense), Professional Fees increase from A$237K to A$944K (expense), Employees benefits increase of 93% to A$581K (expense).