E25 4.17% 23.0¢ element 25 limited

Updated Euroz research note Price target raised from $1.08 to...

  1. phw
    611 Posts.
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    Updated Euroz research note

    Price target raised from $1.08 to $1.75
    Still with 70% risk adjustment
    (Sorter proof, Mn price, $AUD etc)

    Take out the risk and we are starting to see a very large valuation target emerging

    This, all before battery upside
    Check out IGO's move yesterday to buy 25% of Greenbushes for $2 billion
    Check out IGO's move today to get involved in lithium hydroxide plant in Kwinana, West Oz

    Wouldn't be surprised if IGO take a clean sweep of E25
    They could do it without raising a sweat



    E25_09Dec20.pdf
 
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