Hope you don’t mind I but in with a reply. The risk you mention is there no doubt about that. Similar risk in other lithium countries Chile, Argentina. Hell even in Australia a CEO will not be about to say he is 100% sure will be awarded any sort of permit. It’s the nature of investing. I want to invest in lithium and and I want to turn 15k into 100k . I know I can lose it all but hell EMH is a great punt. There is even a good chance I don’t have to want for production to meet this target.
There is no company with pot of gold at the end; there is no such thing.
I think you are other emphasising the risk as if it’s a unique EMH situation. If you want to invest preproduction lithium with high potential of making it to production; EMH must get a Mention surely; even from you hitting.
Happy for you to cross promote 3 or 4 other low cap lithium without offtake yet that are much better investment than EMH. This is not a challenge I really want to know in case some have fallen through my radar.
Hope you don’t mind I but in with a reply. The risk you mention...
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Last
29.0¢ |
Change
-0.015(4.92%) |
Mkt cap ! $60.15M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.0¢ | 27.5¢ | $13.07K | 46.13K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 96065 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 62446 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| EMH (ASX) Chart |