EMH 3.33% 15.5¢ european metals holdings limited

Looks intersting! Perhaps some long holders can tell if Li Grade...

  1. 332 Posts.
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    Looks intersting! Perhaps some long holders can tell if Li Grade are nay good please? I just had a quick look at the records and it says:

    "708Mt at an average grade of 0.42% Li2O for a total of 7.39Mt LCE. This included a Measured Resource of 53.3Mt at 0.48% Li2O (640kt LCE), Indicated Resource of 360.2Mt at 0.44% Li2O (3.88Mt LCE) and a Inferred Resource of approximately 294.7Mt of 0.39% Li2O (2.87Mt LCE).
    At the current mining rate on the PFS of 2.25Mt per year this would give a mine life of in excess of 100 years.$6,727/t LiOH.H2O (without credits) $5,567/t LiOH.H2O (with credits).

    are these grades good at the current market conditions? any Ideas?

    Thanks In advance!
 
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