EMH has largest lithium resource of these named peers, but with low grade, however, market cap is the lowest with $27m which is less than few junior lithium explorers with no defined resource.
I reckon EMH has huge upside as it's significantly undervalued compared with peers.
1. Resource and market cap as at 8 April 2016:
2. EMH's presentation 24 February 2016.
3. GXY's presentation 11 April 2016:
4. Initial PFS:
Capex US$326m
EBITDA US$108m
Pay back around 3 year.
Initial PFS was based on *commodity prices applied: US$22,500/t Sn, US$330/mtu APT (W),US$6,500/t Li2CO3, $640/t potash
Currently Lithium carbonate price is double.
http://www.*.co.uk/upload/CKEditor/untitled%20folder/lithium.png
Source: The Economist, Citigroup
5. Share performance over last 12 months:
- PLS up 1,376%
- GMM up 1,122%
- GXY up 978%
- NMT up 425%
- EMH up 221%
Comparison
Add EMH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $32.15M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $18.44K | 122.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 69555 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 22848 | 1 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| EMH (ASX) Chart |