VUL offtake with VW is for c7ktpa. So this is equivalent to something like 30% of the lithium need for ONLY 1 of their gigafactories on Europe. Remember they are planning 6 gigafactories in Europe.
I actually read this as a POSITIVE for EMH; since it shows there is PLENTY of scope for more offtake agreements by VW - and shows too that 1) VW os is finally feeling a sense of urgency and getting active in securing their lithium requirements and 2) Plenty scope for more, 3) they have yet to take a direct stake in lithium mining - something which their management recently reiterated is a probability.
At $30k hydroxide… EMH trades at a ridiculous 12% NPV.
BUY.
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VUL offtake with VW is for c7ktpa. So this is equivalent to...
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Last
19.5¢ |
Change
-0.025(11.4%) |
Mkt cap ! $40.45M |
Open | High | Low | Value | Volume |
21.0¢ | 21.0¢ | 19.5¢ | $25.37K | 123.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 120670 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 4000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 120670 | 0.190 |
1 | 5561 | 0.180 |
2 | 30000 | 0.170 |
2 | 11060 | 0.165 |
1 | 6451 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 4000 | 1 |
0.210 | 5438 | 1 |
0.215 | 16216 | 1 |
0.220 | 30000 | 1 |
0.240 | 10670 | 1 |
Last trade - 15.30pm 17/10/2024 (20 minute delay) ? |
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