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 six months ended 31 December 2020, EuropeanMetals Holdings Ltd revenues increased from A$57K toA$599K. Net loss increased 46% to A$2.3M. Revenues reflectInterest income remaining flat at A$0K. Higher net lossreflects Share based payments increase from A$45K to A$919K(expense), Employee benefits increase of 43% to A$298K(expense), Advertising and promotion increase of 72% toA$135K (expense).