Whilst these macro developments are unfolding and are generally...

Whilst these macro developments are unfolding and are generally considered beneficial for the Li industry - they will likely have nearly no effect on the EMH SP.

EMH is struggling to show any relevance that it may have regarding Cinovec's project ownership/decision-making/project progress, the Market has taken its notes.

The Market and EMH's shareholders have not seen any material updates regarding the Cinovec project (other than the DFS delay notices) for more than 8 months now. If/when shareholders get served the next delay notice for the DFS it means that there has been no project progress as far as the shareholders are concerned for ~10+ months.

The above negatives are currently reflected in the EMH's valuation and will continue to be reflected in EMH's valuation up until EMH can demonstrate some degree of agency in the management of the project, currently they are just a placeholder puppet and the shareholders and the market can see right through that.