First Point:
Geomet is a 100%-owned subsidiary of EMH and holds the rights to Cinovec.The objective is clear, to secure funding for the next stage of Cinovec’s development with the proceeds being used to take Cinovec through to a construction decision.
This means EMH completing the DFS and all permitting steps.
EMH has mentioned the challenge of funding large capex projects in the current markets and this deal would alleviate development funding concerns and progress Cinovec to the point of construction - a deal with CEZ clears the permitting and political pathway for Cinovec to be developed.
This is a Fantastic Deal for both EMH & CEZ, it’s a Win Win
The pre-funding carbonate value reduces from about 90p per share to about 45pps / 85cents AUS per share and the pre-funded hydroxide value reduces from £1.60 per share to about 78pps / $1.48 AUS per share
We all know we are looking at HYDROXIDE so This Is An AMAZING DEAL .... (If you’re invested lol lol)
Exciting & Prosperous Times Ahead
FYI ..... Broker Buy Recommendation Today On LSE
- Forums
- ASX - By Stock
- EMH
- Important Points
Important Points
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EMH (ASX) to my watchlist
(20min delay)
|
|||||
Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.30M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 76384 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 17437 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 24000 | 0.180 |
1 | 25000 | 0.175 |
2 | 8000 | 0.170 |
3 | 131060 | 0.165 |
1 | 6451 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 17437 | 1 |
0.240 | 13670 | 2 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 16.17pm 11/10/2024 (20 minute delay) ? |
Featured News
EMH (ASX) Chart |
Day chart unavailable