EMH 3.33% 15.5¢ european metals holdings limited

Comparison, page-126

  1. 11,400 Posts.
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    I like this post, it's really well written and I can certainly agree they are not incompetent, I never suggested that.

    The revenue point was suggesting that the poster, barwood, had confused the scoping study numbers with the inferred resource.

    EMH has two resources, a tin resource which is 72.7Mt at 0.23% sn and 0.21% Li. And also an overall infered lithium resource which is 514Mt at 0.21% Li and 0.03% sn.

    As you can see, the overall resource contains nearly no tin in comparison to the tin resource the scoping study was based on.

    Thus my comment on reduced revenue if you want to use the entire deposit size to justify market cap as a comparison to other lithium players.

    As far as know, the numbers in the report are the best estimate to date of the actual process and with limited information we have to assume those are true and reliably put together.
 
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