Different market sentiment from 2022 but healthy re-rate % similar to this would be most welcome heading into 2024. Keliber’s Lithium Project value increases by 220% to EUR 1.2 billion in Updated Definitive Feasibility Study Fri, Mar 25, 2022 08:04 CET
Surely as demand in Europe increases EMH are only going to command a higher price for any potential take over, making me think as all the boxes get ticked a suitor/s may start circling sooner rather than later. Rio have made no secret they want to get into the Lithium space in a big/much bigger way.
Since mid-2022, the year Serbia's government revoked licences for a $2.4 billion lithium mine, Anglo-Australian mining giant Rio Tinto has spent at least 1.2 million euros on land in the area that it hoped to exploit, BIRN can report, and is now offering financial aid to local firms in an apparent bid to win favour. 23 Feb 2023.
How much are Rio spending to grease the palms and Win favour? Rio - take a look at EMH Mkt Cap, peanuts.
Just my thoughts people but its helps me stay positive on these down days.
EMH Price at posting:
70.0¢ Sentiment: Buy Disclosure: Held
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