EMH 5.26% 20.0¢ european metals holdings limited

Lithium Carbonate cost

  1. 169 Posts.
    lightbulb Created with Sketch. 23
    Statement included in the RNS from BCN today:

    'The pricing environment for lithium carbonate has continued to strengthen with Seeking Alpha indicating April 2017 lithium carbonate contract prices in the order of US$14-15,500/t'

    Note, in their PFS, EMH only allowed for 10,000/t so there should be a 50% uplift in the lithium price compared to the PFS - and we can all see where the lithium price is heading:

    Page 19 figure 11 (sensitivity graph) of the PFS shows that only a 25% increase to the lithium price used in the PFS will double the NPV!

    PFS below:

    Http://www.europeanmet.com/wp-content/uploads/bsk-pdf-manager/2017/05/2017019_-_EMH_Completion_of_PFS-2.pdf
 
watchlist Created with Sketch. Add EMH (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.