Great to hear W H Ireland see Fair Value at 82p .... not dissimilar to Shard, albeit they’ve discounted it to 62p or AUS$1.17 lol seriously, this is bloody Brilliant.
EMH really is in the Right Place & at the Right Time.
It’s very important to stay focused on what we have.
The average operating cost for the Cinovec Project is $3,435 per tonne of lithium hydroxide after by- product credits.
One of the Lowest in this sector.
• Net estimated overall cost of production post credits: $3,435 / tonne LiOH.H2O.
ONE OF THE LOWEST IN THIS SECTOR.
* Project Net Present Value (“NPV”) increases 105% to: $1.108B (post tax, 8%)
* Internal Rate of Return (“IRR”) increased 37% to 28.8% (post tax)
* Total Capital Cost: $482.6M
* Annual production of Battery Grade Lithium Hydroxide: 25,267 tonnes (for one shift or 50,000 tpa on 2 shifts, add on another minehead and this starts looking Mind blowing, who knows what amazing results can be achieved?)
* Studies are based on only 9.3% of reported Indicated Mineral Resource and a mine life of 21 years processing an average of 1.68 Mtpa ore
* The process used to produce lithium hydroxide allows for the staging of lithium carbonate and then lithium hydroxide production to minimize capital and startup risk and enables the production of either battery grade lithium hydroxide or carbonate as markets demand.
1.Cinovec is THE LARGEST LITHIUM deposit in Europe,
2.Cinovec is the Fourth LARGEST non-brine deposit in The WORLD.
3.Cinovec is centrally located for European end-users and is well serviced by infrastructure.
4. A GLOBALLY Significant Tin Resource.
5. Significant Hydroxide Results Achieved.
Cinovec is ideally suited to supply the right product at the right time into the growing European battery market.
We have 49% of a funded project with an NPV of ~US 1.1b, an IRR of ~29% (both post tax numbers) in a jurisdiction that is actively supporting the creation of a battery industry and that is FULLY COMMITTED to an EV future. Our market cap is a tiny fraction of our share of the value...
Europe wants its own Lithium supply and Battery supply, even more so now than ever before, this baby is going to fly and fly high.
AND WE ARE NOT AFFECTED BY COVID 19
not many shares to invest in that Are NOT Affected by COVID?
Seriously, What’s Not To Like?
Definitely Onwards & Upwards
Right Place ... Right Time ... Right Now
EMH Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held
