This now has a big stake in Kalahari minerals.....and should not be forgotten as the shares are at a discount to assets....will have to follow this one, the only downside is the ridiculous spread !.

Well...bought in today and so far it is up on my purchase ...not quite covered the spread yet so we shall see !.

End of day...just about covered the spread !....way undervalued it seems !.

EML really buzzing this am.
cyril

You think so ?...flat ...I would call it...a few small buys...., there is a strong possibility of a zinc price recovery which would help with the slag heaps.....though their investment in KAH is fantastic for them !.

A couple of posts by a very astute investor who i believe writes for Proactive,
which gives an insight to whats going on and the potential value?


"Uramin (UMN) was a uranium explorer, with its principal asset being the Trekkopje deposit in Namibia. The measured & indicated U resource for Trekkopje prior to the sale was 110Mlbs at an average grade of 149ppm "

...which Dattels & co sold to Areva for US$2.5bn in 2007. Now how did that compare with Extract's maiden resource statements*....? :0)))

Mark




I notice in the table in the header you say about EML "thought to be controlled by Stephen Dattels".

Here's a bit more detail on that point/issue (which some may not be aware of):

Firstly, SD is closely associated with James Mellon & Ian Stalker. All were on the Board of Uramin (Stalker was CEO). SD and JM are co-chairmen of HK listed Regent Pacific; Stalker is a non-exec of that company. Funnily enough SD & JM are also co-chairmen of EML. ;0)

Per my research, Zorbas of NWT (major shareholder in NWT, which owns ~30% of URU) also backs Dattels, so when I refer to "Dattels & co", I'm referring to Dattels, Mellon, Zorbas & "B" ("B" is not Stephen Bywater). I exclude Stalker from that list because he is a miner rather a "money man" and I doubt is heavily involved in the corporate shenanigans. Whilst Stalker is not exactly poor following the success of Uramin, the others are in a different league. Dattels is a wealthy lawyer (owning his own investment bank in Canada, Regent Mercantile Bancorp) with an extensive mining background. IMV he is the "hatchet man", knows every trick in the corporate book and has probably invented a few himself. :0)

Mellon (a property magnate) is probably 10x wealthier than Dattels but I have never observed him take an active part - I believe he is representing EML at the Master Investor Show so anyone that's interested may be able to meet him there. I also see that Mark Slater (Jim's son) is presenting there. As his company, Galahad Gold, were big investors in Uramin, I would not be surprised to see another of his companies on the shareholder register of one or more of URU, EML, KAH or EXT - if they're not there already.

Looking at EML's shareholders (aside from the co-chairs): http://www.emergingmetals.com/Investors/StockInformation.html , we can see that Mellon owns 8.5% via Galloway Ltd; Dattels 6.0%... and I see that "B" has come into the open: it's the Beck family (Mike Beck, specifically, I understand), with 8% via Angstrom. I think it's pretty safe to say that EML is controlled by Dattels & co!

Moreover, whilst there's nothing obvious on the shareholder list, I'm pretty sure that Dattels & Mellon have a chunk of URU too - as a result of the dividend in specie when Uramin was sold & URU spun out of it. Mellon used to be chairman of URU, of course.

Something for the weekend, sir? ;0)

Cheers,

Mark

cyril

("EML", "Emerging Metals" or "the Company")

Increase of significant interest in Kalahari Minerals Plc

The Directors of Emerging Metals Limited (AIM: EML), the mining company focused
on minor and emerging metals, are pleased to announce that they have increased
their interest in Kalahari Minerals Plc ("Kalahari Minerals") to 15,820,000
ordinary shares being 8.84% of the issued share capital of Kalahari Minerals by
way of the on-market purchases of 2,475,000 ordinary shares at an average price
of 78.17 pence per share.

The Directors of Emerging Metals continue to believe that the acquisition of a
significant stake in Kalahari Minerals provides the Company with exposure to a
world class uranium deposit in Namibia and a further diversification of its
exposure to the class of minor and emerging metals. Namibia is already a well
established uranium producer with a reputation for a positive approach to the
development of mining projects.

- Ends -
cyril

9% stake now....!.

Decided to buy, with both KAH and URU flying, thought EML should follow shortly?
cyril

This is undervalued, if KAH's sp is anything to go by !.

Thar she blows !, about time too !.

Question is are they worth buying rf..?

I have some, but I would go for URU at the moment, but both sp's should be going northwards soon !.

looking great.!

my target is 50p within 12 months.

At last its getting noticed.

BOUGHT TODAY GUYS 50K .IM HEARING BIG NEWS IS IMMINENT.A RE-RATING COMING AND 10% STAKE IN KALAHARI IS JUST THE TIP OF A BIG ICEBERG.80-100P TGT THIS YEAR

I hope so fed up waiting.

Sec1,
news from where?who?

egm passed and a new acquisition imminent.10% of kalahari not even priced in here.this is a multi-bagger,peeps are just starting to notice this undervalued gem.high volume as well today.l2 getting stronger

average daily volume about 400-500k.today 1.4m thats about the last 4 weeks trades in 4 hours.nice

talk on advfn guys off topic.matra/mta merger and 2 new drills high volume also today

december financial 17m cash and now 10% of kalahari value 20m.should be trading at 13-15p minimum.as per same rns many opertunities exist because they have been cash prudent.ready to acquire a new business.no brainer cash is king

thanks for sharing. i hold at present and was disappointed with the lack of upward movement but will hold for a bit longer i think.

robert take a hit at matra/mta news expected will boost current sp x5

guys starting to get talked about on advfn.iii have no interest in it as no posts.i do not post there maybe someone should nip over too iii this is merely a hidden gem at present.

also hearing good things about herencia/HER ready too announce jv partner and phone trades only.

VGM bids rumoured 2morrow 4p+.mm,s need stock buy buy buy

With EML holding 17.6m KAH shares worth almost 30 making these worth 11p, rerating should follow soon.
imho
cyril

With KAH at 171.75*17,600,000=30.22m
They also hold 0.17% of EXT which has a M/Cap of 976.94 =1.66m
Making a total of 31.88m/331m= 9.6p
Presently 6.25p, looks quite a bargain?
http://www.freesharedata.com/eml
cyril
ps; above edited due to wrong decimel place.

heavy buying this morning... any comment cyril?

Just that theirs one very large discount to KAH's SP as shown in the link post 29
cyril

Looking very tempting,a M/Cap of 21.1m against holding assets from KAH
and EXT of 32.25m. The core of the business is rare metals used in the Solar panel construction,which is very topical at this moment in time.
This is seriously undervalued,the only risk seems to be EXT collapsing which doesn't look likely?
aimho
cyril

Check out data link post 29,shows EML trading at 48% discount to EXT.With its main holding KAH motoring ,this begining to look a bargain?
cyril

All buys this am,with the latest of 500k.
cyril

All buy's yesterday but sp hasn't moved much....

to turn a phrase - why buy the monkey when you can invest in the organ-grinder?

As one values KAH against EXT(the true organ grinder)so the same princable applies to EMLand URU,it's as simple as that.At this minute imo
EML has some catching up to do?
cyril

technically you may be right, but the market begs to differ

Opps, is that movement i see?
cyril

lots of MMs which is good, but a horribly wide spread even so ..... further, EMS is only 10k shares, which is a total joke

Just back in up 18%(12.5% after spread-t/costs) in 2 hours,wish i could call like that every day?
cyril

you need to buy 75/100k shares to make a decent profit (or loss) which is very dangerous when EMS is only 10k and all controlled by MMs

paper or in the bank cyril??

you're beginning to sound like me!

Bakerboy;it's paper and the reason why is,if you own KAH which i do then same risk applies.Check post 29 to see the relation.
cynic i bought more than 10k, as far as risk it's value had increased but not the SP.The proof's is in the pudding and their for everyone to see?
cyril

10k (shares, not ) isn't worth holding

tis in my hands!!!! and yes you must be catching cynic. lol must take a tonic.

For immediate release: Friday 19 February 2010

Emerging Metals Limited

("EML", "Emerging Metals" or "the Company")

Statement re: Announcement by Extract Resources

The Directors of Emerging Metals Limited (AIM: EML), the mining company focused
on minor and emerging metals, would like to draw shareholders' attention to an
announcement issued yesterday by Extract Resources Limited ("Extract"), in
which Emerging Metals holds an interest through its 8.53 per cent interest in
AIM-listed Kalahari Minerals Plc ("Kalahari"), Kalahari having a 40.44 per cent
interest in Extract through its subsidiary its Kalahari Uranium Limited. In
this context, Emerging Metals also notes Kalahari's statement of 18 February
2010 also referring to Extract's announcement.

In Extract's statement of 18 February 2010, it announced further "outstanding
chemical assay results" from the Rossing South mineralised system, which is
part of Extract's Husab Uranium project. An abridged version of Extract's
announcement is set out below.

The Directors of Emerging Metals commented:

"EML shareholders will be pleased to see the announcements made yesterday by
Extract and Kalahari. The recent drill results by Extract indicate the
extraordinary potential of Rossing South. There is potential for the deposit to
support a major project which will be strategically important to future
customers vying for the long term supply of U308 as the significant build out
of uranium reactors plays out over the next decade and beyond. Extract is now
deploying 15 drill rigs, and 5 additional rigs focused on exploration targets
outside of the two main zones. The main zones are being intensively drilled.
This may result in the upgrade of the resource to `Indicated' status for
inclusion in the feasibility study, as stated in Extract's release. Of
particular note is the number of higher grade intercepts which could enhance
the project's economics. In view of the very positive progress being made by
Extract and the importance of that company to EML through its strategic holding
in Kalahari, the Directors encourage EML shareholders to continue monitoring
information about Extract and Kalahari."

A full copy of the Extract announcement, including illustrations and
appendices, can additionally be viewed on Extract's website
www.extractresources.com.
cyril

Nice directors buy of 2mil yesterday...

Special div of .0713p goes ex div on the 30th. lots of buys today..

why would a divi of less than a penny cause a 6p drop in SP?
edit got decimal point in wrong place and answered my own question

if EML are going ex divi for all shareholders on 30th doesn't that mean you woyld have to hold by COB on 29th? the SP has plummeted to take into account the special divi but hasn;t it plummeted too early?

Director who buys 2 mill didn't do it for nothing....i've filled my boots...mucky bug. ger lol

am in now only got 6k[shares] bit concerned that everyone else not piling in. the maths suggest a ~4p profit which suggests that we are a day late in buying!!ie should have been in y/day

It only plummeted with every other share yesterday at 4pm. director bought at nearly 9p bet he wishes he'd bought this morning.
Where's cyril when you need him, he'd know about div??
GL alex. afraid i went in deeper, so hope gamble pays off.

they are xd today. too late to buy for divi today. DOH [schoolboy error] well it is only -630 in the US and i just woken up

i read rns as 30th ex div. please tell me i'm right...

says those on shareholder list as the 30th. moneyAM forward diary shows XD today

Emerging Metals is paying a special dividend of 7.13p per share after shareholders approved the sale of its remaining 8,917,647 Kalahari Minerals shares at 185p apiece.

The dividend will be paid on 18 May to shareholders of record on 30 April.

oh sh*t

thought it strange noone else filling there boots. will have to see if they bounce a little with day traders to limit damage.am in at 3p need 3.33p to break even

your right ex div 28.
page 2 say it all..

good job i only have little boots...lol

how badly did you get stung[if you dont mind, i sat on a 30 loss/~18% at the moment]?
the SP may recover in time, heres hoping.
Alex :-O

got in at 3p so heres hoping ;))

looking on the bright side....a rise to 3.5p would give me 500 profit...not a lot to ask.....is it?

I think this is looking good...lot of buy's at 3.25 and now 3.5p reckon your 4p might be on the cards Alex.

i bought to day i am sure will get div.

like the time the monkey shit in the milk tank....and said......that remains to be seen!!! MI..:))

Well, got paid the div today and must admit very nice too, but the extra I bought on the day...not included. Am amazed how much it paid and wish I'd bought the night before....teach me to read RNS's more closely..

For Immediate Release: 7AM, 22 September 2010

EMERGING METALS LIMITED
("EML" or the "Company")

AUDITED RESULTS FOR THE YEAR ENDED 31 MARCH 2010

Emerging Metals Limited (AIM: EML), the mining company focused on minor and
emerging metals, today announces its final results for the year ended 31 March
2010.

Financial and Operational Highlights at Year-End:

* Equity shareholder funds increased to 35,867,184 (31 March 2009:
26,652,271) - an increase of 34.6%;

* current assets valuation increased to 35,920,430 (31 March 2009:
21,392,111);

* cash reserves have increased to 17,676,956 (31 March 2009: 3,757,960) -
an increase of 370%, following the receipt of 16,472,899 relating to the
sale of 8,917,647 Kalahari Minerals Plc shares on the 25 March 2010;

* net profit for the year was 8,408,770 (2009: 10,005,933);

* 4.53% of Kalahari Minerals Plc held at an average cost of 54.50 pence per
share (31 March 2009: 8.04% held at an average cost of 45.04 pence per
share) following sale of 8,917,647 shares at 1.85 on the 25 March 2010;

* 0.17% of Extract Resources Limited held at an average cost of A$1.0707 per
share (31 March 2009: 0.17% held at an average cost A$1.1945 per share);

* holdings in Kalahari Minerals and Extract Resources are valued at
18,238,155 against a purchase price of 5,101,008;

* non-current assets valuation decreased to nil (31 March 2009: 5,319,860)
following the directors decision to write off this investment;

* Tsumeb Option was written down to nil at year end (31 March 2009:
4,818,455) to anticipate the expiry at end July 2010;

* Operating expenses are below budget at 396,888 (2009: 973,230); and

* Net asset value per share at 31 March 2010 is 10.41 pence.

Post-period Highlights:

* A Special Dividend of 7.13 pence per share was paid on 18 May 2010 at a
total cost of 25,352,097;

* as of the 31 August 2010, the Company's cash balances were 10,050,679,
representing 2.83 pence per share.

Stephen Dattels, Co-Chairman of Emerging Metals, commented:

"I am extremely pleased to report such an outstanding year with a significant
return to shareholders. Your Board continues to look for similar investment
opportunities to provide comparable returns in the future."

A long time since a posting on EML but I`m have to say you may have missed the boat .
It`s been going great guns since the news with the share price up more than 25%.
If it all comes together in the future hang on to your hats.
I hold and hold.

You telling porkies???.,.