tukebay, you are right there on the LCE and spodumene. However this is where I am a bit confused on why EMH, which might have the biggest hard rock lithium resource in the world - with LCE of potentially more than 11MT is trading at these prices - currently EMH has inferred LCE of 5.5MT.
western lithium has proven LCE of 11.7 MT and has mkt cap of about $60million. Nearby PLS now has mkt cap of around AU$270 million but they have around 668k oxide (1.65 million LCE) with potential to be higher at around 3 million tonnes of LCE.
could it be EMH doesn't have offtake agreements in place? no proper coverage?
perhaps it would be good to offload some tin first?
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Last
22.5¢ |
Change
0.015(7.14%) |
Mkt cap ! $46.67M |
Open | High | Low | Value | Volume |
22.0¢ | 22.5¢ | 22.0¢ | $4.821K | 21.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4999 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 61987 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 6500 | 0.200 |
1 | 15000 | 0.190 |
1 | 15000 | 0.180 |
2 | 60000 | 0.170 |
1 | 50000 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 61987 | 3 |
0.260 | 2000 | 1 |
0.280 | 15350 | 1 |
0.285 | 13000 | 1 |
0.290 | 705 | 1 |
Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
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