Looking Great Technically, page-48

Well it's not an opinion it's a fact. The fact is we used to know what the processing route was, now we have no idea. NO FREAKING IDEA. In fact it's so bad that posters on here are confusing generating a mineral concentrate with producing a carbonate. They're confusing petalite with zinnwaldite. They're confusing Anzaplan with Avalon. I'm not sure everyone even knows what day it is sometimes.

As to the market caps, i thought that they both had potential when i bought them both when LIT was less than EMH. Now i think that EMH has some catching up to do, so I'll have to agree with your last comment in sentiment, but i disagree in principle. EMH has one ore body, ore bodies deplete. LIT has a technology that can put them on top of the world. They can treat Spodumene to carbonate and hydroxide cheaper than anyone else, they can make $1000/t, reduce shipping costs and upgrade to hydroxide.

So as a shareholder of both, i thought that EMH made the wrong choice of process, but as a shareholder of LIT i was happy that they were no longer being sidetracked with Cinovéc and could get on with the spodumene process because it is so much more valuable. However EMH has an awesome ore body, it's large, it's well understood, has good mineralogy, will make money from both the tin/tungsten and the lithium and therefore it's going to do really well and i think you're right when you say that EMH is fundamentally undervalued. It is my opinion that it is due to the processing route uncertainty and the charts tend to agree.