100% agree, fundamentals are fantastic and have not changed. Current Lithium Hydroxide prices at around a sky high US$81500!
As others have said the interim NPV of AUD862 million is based off only US$26800, imagine with a figure closer to reality..
So the current EUR market cap ~$150 million is vastly under appreciated atm, even with a 50% discount on that NPV figure.
I note from Tesla's earnings call the other night that it will be taking steps in the lithium supply space over the next few months, Musk stating "exciting announcements to come". Lithium is so hot right now!
I'm buying at these low prices, and also buying the options, great value with expiry in 2024.
Good luck to all holders.
EUR Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
