The logical grade here is to OWN both stocks EMH and Zinnwald.If EMH performs (which I think it will continue to given we are heading into a hydroxide shortage later this year and likely offtake) ZNWD resource multiple will expand too; given its location and the arguments I put forward yesterday.If a takeover of Zinnwald happens, you get the full leverage on being long that stock.
I have a small position in VUL as well. Yes I know all the question marks about geothermal; but if anyone can deliver it, it’s VUL. They have a fantastic management team; and stock‘s starting at reasonable multiples.
The logical grade here is to OWN both stocks EMH and Zinnwald.If...
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Last
29.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $60.15M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 29.0¢ | $2.975K | 10.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6300 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 34878 | 1 |
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| Last trade - 13.15pm 12/07/2024 (20 minute delay) ? |
| EMH (ASX) Chart |