EMH 10.9% 24.5¢ european metals holdings limited

Crucial level of 26.5c, page-62

  1. 655 Posts.
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    I have spent a couple of days reading everything I can about this stock, including all parts of the book "Lithium Process Chemistry" which relate to Zinnwaldite. I am convinced this stock has a good future (barring some market-shattering discovery of high grade easily accessible new deposits). Those who have commented without giving detail about the "difficulty" and "complexities" of Zinnwaldite as a source are with respect not assisting the discussion. The cost of production has been estimated by the company and it is low, after credits for other materials recovered at the same time. It could be a lot higher and this resource in this location would still be very viable.

    It is still a spec and has a process to go through before selling its first kg of Li Carb, but in comparison to other Li stocks it is significantly undervalued imo. That said, the weight of money in the market may not re-rate it until the inferred resource becomes indicated and the processing plan is articulated. Between now and when that happens lies an unusual opportunity imo.

    As always I am all ears of anyone can give, with reasons, a basis for a different view.
 
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Last
24.5¢
Change
-0.030(10.9%)
Mkt cap ! $50.82M
Open High Low Value Volume
24.5¢ 24.5¢ 24.5¢ $1.065K 4.345K

Buyers (Bids)

No. Vol. Price($)
3 45387 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
26.0¢ 30000 1
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Last trade - 14.47pm 26/07/2024 (20 minute delay) ?
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