2021 - The Year for EMH, page-1107

So shifting through the reports, rumours and speculation, where are we? This is my guess…….

- Skoda (VW) LG and CEZ sign up to a Megafactory around September so the Government can spruik it before the election
- Geomet sign an off take agreement for around 15k.
- Maybe VW sign an MOU for more product
- EMH capitalisation should increase on this news
- the big news will be the DFS in March next year which at current Li and Sn prices should see a substantial improvement in the economics

VUL might be the flavour of the moment in this sector but to be honest - $1.4 billion capitalisation ????

EMH is around $280million with a more advanced project however we need to remember we have 49% and not a controlling interest - but a cashed up partner with credible ambitions.

Food for thought!

I would also like to remind holders that EMH needs endorsement from CEZ before making announcements regarding Geomet or the project, so unlike other ‘players’ in the region, cannot publish fancy ‘dog and pony’ presentations at their will. However I believe the smart money will see the value unlock, eventually.

My thoughts only. GLTAH.