Yes we are definitely undervalued but don't forget we don't own anymore the 100% of the project but only 49%> We haven't had any offtakes so far and we have to wait for CEZ to officially announce that they are going ahead with the decision to mine. Plus that the updated PFS was very conservative and the DFS that was due a couple of years back is still not our there. Add to that some political shenanigans that we had in the past and that's why we are where we are now. Fairly valued EMH should be at this given point in time around 2.50-3.00 If the DFS has higher price for lithium and Tin and if we get an offtake then we will cross that 3.00 aud mark and head towards 5.00 and 6.00 aud. I am very optimistic in regards to the project and as I have mentioned in the past we will be the first in Europe to produce lithium hydroxide.
But management wise something has to change.
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