Personally I think the future is bright for EMH. Great project, great location in Central Europe - if not for the politics I see this stock valued at least 2-3 times where it is now. As I've stated previously, in my opinion the political risk is decreasing.
Your comment that 'time is ticking...delay can lead into a death spiral in commodities...' is not applicable. The project is not on hold - tenure is secure and work is ongoing. All comments from the company indicate the DFS is on track. Things are quiet at the moment, but I'm sure the company is working feverishly behind closed doors to sort out the political issues.
Remember the old adage, immortalized in song by the great Paul Kelly - the darkest hour is right before the dawn. Lots of doomsayers on this board right now - is this the darkest hour?
Given my entry price and the money I've made selling small parcels on SP spikes this is an easy hold for me. If the SP falls much further I'll look to top up.
Personally I think the future is bright for EMH. Great project,...
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Last
24.5¢ |
Change
-0.030(10.9%) |
Mkt cap ! $50.82M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 24.5¢ | 24.5¢ | $1.065K | 4.345K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 45387 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 30000 | 1 |
View Market Depth
| Last trade - 14.47pm 26/07/2024 (20 minute delay) ? |
| EMH (ASX) Chart |