I am sure everyone who read through EMH materials knows there is more than 12 Mt of LCE on EMH owned leases which by current LCE prices converts to over 100 billion USD. But there is no way to take it all from below the ground and convert it to LCE with a magic wand. Pilot plant is now in place to obtain 200 kg of LCE. PFS claimed to process around LCE 20,000 tons pa with 20 years mining getting to 400 kt which is 30 times less and there are some good reasons why 20k pa and not 200k pa. Anyway that takes us to about 4 billion value. So lets be real and take 4 billion and compare it to 60 million Mkt cap which EMH has at this moment. Is not that enough?
Like your DYOR.
I am sure everyone who read through EMH materials knows there is...
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Last
40.0¢ |
Change
-0.010(2.44%) |
Mkt cap ! $49.43M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.0¢ | 40.0¢ | $14.16K | 35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2656 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 23284 | 1 |
View Market Depth
| Last trade - 15.57pm 06/05/2024 (20 minute delay) ? |
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Last
40.0¢ |
Change
-0.010 ( 4.76 %) |
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| Open | High | Low | Volume | ||
| 42.0¢ | 42.5¢ | 40.0¢ | 19602 | ||
| Last updated 14.22pm 06/05/2024 ? | |||||
| EMH (ASX) Chart |