EMH 0.00% 17.0¢ european metals holdings limited

VUL offtake with VW is for c7ktpa. So this is equivalent to...

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    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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Last trade - 15.56pm 13/09/2024 (20 minute delay) ?
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