EMH 0.00% 16.5¢ european metals holdings limited

Ann: Appointment of Leading Global Engineer, page-22

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  1. 178 Posts.
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    Nice work Tsib, always good to have a winner. Just noted Piedmont Lithium has risen from around 8 up to 50 and settled back at 35 in the last two weeks. Mcap from 90m to 400 m on the back of an offtake deal with Tesla thought to be worth a max profit of 80m pa, interesting, 5x offtake profitability and they haven’t produced one ton of the contract. Imagine if we got a 20,000 tpa offtake at a contract profit of say, 7000 a ton, 140m. 5x? 700m against current mcap 45m...... so, do you still say this sp is going nowhere for 2 years? Even if you half the profitability and half the size of the off-take it is potentially 4 bags
 
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