2021 - The Year for EMH, page-579

"For instance just today the sp has plumetted by another 6c and it is only 2pm by my time!!! So why is this happening??"

Today, specifically, it's happening as part of a global market shock. The U.S. market and ASX have both taken a beating.


"You say that over 27 planned battery plants are going to be built in Europe. When and where!!"

A google search will answer that question. Whether you believe they're coming or not is up to you. As I said, if you don't believe they're coming, sell now.


"You see I believe that this is the problem as I indicated earlier, everyone making promises of great investments but nothing happening!!!!"

The market moves at its own speed. I'm not promising anything. I believe an off-take deal will come in time, because I don't see any good alternatives for the E.U. battery industry. Negotiating lithium deals is tricky right now - Auto OEMs/Battery manufacturers don't want to overpay, and suppliers don't want to lock themselves into a cheap deal while LiOH prices are rising. The good news is that LiOH prices are rising. So, the negotiating position of the suppliers is improving.

At any rate, I'm not trying to talk you into holding. By all means, sell. If EMH signs an off-take agreement, the SP today will not matter.