Market Capitalizations comparisons are probably the simplest method of share price evaluations. Will only compare to those projects at similar stages who are not in production.
LTR - $587M
CXO - $87M
AVZ - $400M
PLL - $500M
INR - $460M
EMH = $176M
I think $450M is a baseline target to use at this point (49% project) although I expect the MC to be greater considering EMH project location, EU funding support, and is able to produce Carbonate and Hydroxide output. I believe KDR went for around $700M for 50% of Mt Holland and refinery. PLL is probably the better comparison to EMH for project comparisons.
Therefore EMH at $450M is approximately- $2.80.
Personally, if Tesla becomes involved in the mix - I expect a higher MC. Anything that gets associated with Tesla gets re-rated substantially that I have seen to date + low shares on issue + listed on soon to be 5 exchanges. Again the low number of shares on issues will drive up demand. for stock.
Haplo
2021 - The Year for EMH, page-27
-
- There are more pages in this discussion • 1,472 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EMH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
20.0¢ |
Change
0.010(5.26%) |
Mkt cap ! $41.48M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.5¢ | 19.0¢ | $14.42K | 72.81K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 75000 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 16999 | 1 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| EMH (ASX) Chart |