Lithium price recovery is distant or minimal DFS shows unrealistic capex Financial ratios are poor (ROA/ROE/Gearing etc) Project economics were poor Because it was an economic imperative for Gvt, the project proceeded (Chez were pushed into it) EMH couldn’t fund its share The project would be worth nil to EMH and presumably 100% owned by Chez There are just too many uncertainties to buy ahead of DFS.
EMH Price at posting:
27.5¢ Sentiment: Hold Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)