EMF’s future market cap & actual profit.
Current market cap is 72 million.
This Reuters article from 2017 - https://www.reuters.com/article/us-czech-lithium/miners-eye-europes-largest-lithium-deposit-in-czech-republic-idUSKBN18Y25X
- USD 3,483 cost to extract each tonne of lithium carbonate.
- Extract 20,800 tonnes per year.
Latest ASX Drilling announcement 10th August - https://www.asx.com.au/asxpdf/20200810/pdf/44lbq7w5x68bdl.pdf
- Extract 22,500 tonnes per year (2018 report)
- 7.22 million tones Lithium carbonate equivalent
Chairman Keith Coughlan talking about the current drilling - YouTube dated August 11 - https://www.youtube.com/watch?feature=emb_logo&time_continue=271&v=9xZMq_GqDAo&app=desktop
- Confident in securing debt finance in 16-18 months time.
- Collecting core samples for geological certainty.
- Not expecting any surprises.
- Cez funded the project to construct.
Interested in holder’s opinions/calculations on the current market cap and future market cap (profitability) 1,2, 3, 4 and 5 years from now?
EMF Future Market Cap
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Mkt cap ! $50.82M | |||
| Open | High | Low | Value | Volume |
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|---|---|---|
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