My understanding, which may be over simplified, is that KC was originally looking at a tin mine with tungsten and other minor credits. Cinovec was viable at a tin price of $15,000t (just). The beauty of Cinovec is that EMH can mine the pay dirt (rock), crush and remove the tin, tungsten and others and be left with tailings ready to have the lithium easily removed (with potash by product) Mining either mineral outcome is profitable ..... put them together and they are very profitable.....
PFS, page-8
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Last
19.5¢ |
Change
-0.025(11.4%) |
Mkt cap ! $40.45M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 19.5¢ | $25.37K | 123.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 120670 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 4000 | 1 |
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| Last trade - 15.30pm 17/10/2024 (20 minute delay) ? |
| EMH (ASX) Chart |