tukebay, you are right there on the LCE and spodumene. However this is where I am a bit confused on why EMH, which might have the biggest hard rock lithium resource in the world - with LCE of potentially more than 11MT is trading at these prices - currently EMH has inferred LCE of 5.5MT.
western lithium has proven LCE of 11.7 MT and has mkt cap of about $60million. Nearby PLS now has mkt cap of around AU$270 million but they have around 668k oxide (1.65 million LCE) with potential to be higher at around 3 million tonnes of LCE.
could it be EMH doesn't have offtake agreements in place? no proper coverage?
perhaps it would be good to offload some tin first?
tukebay, you are right there on the LCE and spodumene. However...
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29.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $60.15M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 34879 | 1 |
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