EMH

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26.0¢ european metals holdings limited

Not Gunna Be Enough Lithium, page-1893

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Monad

645 Posts.

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28/11/23

11:09

Post #: 71141990
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Originally posted by Monad: ↑

Always the rainbows and butterflies or doom and gloom. We're more in the latter phase now. Markets are funny.

What matters is the offtakes and producers think mid/long term. No producer will sign to sell under the price that makes sense looking at the supply/demand curves regardless of spot prices. Large buyers look at the same and ultimately sign to secure supply.

I agree with the idea that the big correction now is down to the perceived change of the curves; high interest rates, cost of living crises, war puts people of from rushing to buy electric - this will bounce back IMO, especially if there we'll be regulatory forces to meet climate goals or an oil price jump.

So lower short-term demand, while some mines come online - not great for the price of the product. But what about the many more projects that will need to come online to keep the supply and demand in balance? Why would miners/financiers keep pushing new mines without price incentive? I think the shortage will return mid-term.

In terms of more time for technological maturing of lithium alternatives, such as sodium based batteries: consider this - with the current lithium prices, their price advantage is minimal, if any, and at the same their theoretical volumetric energy density is too close for comfort. I think they make sense for special purpose applications (stationary storage) or LFP alternative in city cars... But not many will complicate their supply chain and manufacturing for a small product mix percentage.
On the other hand we have solid state techs and new applications (high energy density and cycle times -> low emission airliners and shipping).

I guess to summarize: I think the sector is bound to bounce back in the not too distant future. Question is what our moron on a CEO has in store for us short term.

All of the above are just my opinions, not advice.

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I apologize on behalf of my predictive input and lack of proofreading...

EMH Price at posting: 61.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 26.0¢		Change 0.030(13.0%)		Mkt cap ! $53.93M

Open	High	Low	Value	Volume
25.0¢	26.0¢	24.0¢	$8.397K	33.01K

Buyers (Bids)

No.	Vol.	Price($)
2	37534	22.0¢

Sellers (Offers)

Price($)	Vol.	No.
27.5¢	3647	1

View Market Depth

No.	Vol.	Price($)
1	14978	0.220
1	4655	0.215
3	17300	0.210
1	15000	0.205
3	40000	0.200

Price($)	Vol.	No.
0.280	15350	1
0.285	13000	1
0.290	705	1
0.310	8148	1
0.325	3000	1

Last trade - 11.37am 02/08/2024 (20 minute delay)

EMH (ASX) Chart

Not Gunna Be Enough Lithium, page-1893

Is oil undervalued?

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

GreenX picks up prospective copper project in Germany

Venture to sniff out high-grade REE targets at Jupiter project, WA

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Westgold sets its sights on top five producer status through merger with Karora

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Not Gunna Be Enough Lithium, page-1893

Top Stories

Is oil undervalued?

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

GreenX picks up prospective copper project in Germany

Venture to sniff out high-grade REE targets at Jupiter project, WA

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Westgold sets its sights on top five producer status through merger with Karora

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News