we have seen both bull and bear market pricing for lithium....

we have seen both bull and bear market pricing for lithium. Taking the average of $25k LCE price is enough. If they really want to be honest then do sensitivity NPV analysis of 2 price points. $10K LCE and $80K LCE. There you get the range.

It isn’t that hard to model it, what is really hard is the actual cost of production. I am kinda astonished at how long it takes for emh.

when you compare emh to Liontown:
- Liontown informs shareholders
- give guidance
- reiterate guidance
- show progress through multimedia (footage or pictures)
- sticks to their core values (esg is at the heart and they executing)

emh gives guidance and reiterate then do practically nothing and seek a delay.

Next year AGM, all of these guys need to be kicked out and replaced with people who can actually build things.

I am still holding as 10% of european raw materials have to come domestically and this project is one of them. So at these valuations, it’s not too bad. Just really poor communication from management when it comes to doing work.

I low-key hope for an acquisition even at $300M market cap which is a 5x from this price. So that I can make some money but I am pissed that it take this long to realise the gain.

anyhow enough with the rant, on to the new year and hope they get the dfs done by Q1 next year…