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Goodness gratuitous expect everyone will panic now after your post and sell up. Don't think your very good at this. You've been rumbled, I would give it up.
Noticed how different share prices have dropped at shares when placings. They sell when date for placing due ,Often for days or weeks after placing .
Good post, I'll concede that most placings are a much better deal for II's than this one, they usually want a very de-risked buy-in. So very positive for EMH. It just the carpy way AIM reacts thats a problem. It always lags all of the other markets.
Yes but placing price was above share price at the time. So not so bad. So don't see why there would be a dip. Please correct me if I am wrong.
@beechknot
you clearly have an agenda with your posts because the last few have all been about the placing and the dip in the share price.
I am not at all concerned with the placing. It was placed above the market price so any PI could have bought if they wanted to. Even yesterday you were able to buy all day at below the pricing place of 74p. The market has clearly reacted positively to both the resource update and the placing and having IIs on board is really important if EMH is to grow as we all hope it will.
It is just sad that ASX traded at 95p and closed at 90p and we are still traded at 80p.
For LTH daily movements really don't matter because this is an absolutely amazing prospect which will materialize. For me personally, I expect to make life-changing amounts of money (in fact I have done bad at all being in here since 2017).
Good luck to all genuine LTH and ignore that crap that always comes along when there is positive news around.
Solid research .Pity timing of placing ,Dip of share price looks realistic .
FX’d: 03:05
Thanks - Two solid pieces of research!
in Aug 2021 we were at 106.6p (GBP) on far less news . . . strap in people 2022 is the year
Top up time well done to all longs.
Briefly traded 95 p , still some steam in this left by the looks of things . That increase of production is a biggy , we can now double it maybe and do more than one shift 180,000 tonnes maybe ??? Per annum there is certainly the demand .
And Now Trading 90 p
https://wise-owl.com/commentaries/emh-raises-14m-and-edges-closer-to-lithium-production/
https://wise-owl.com/uploads/EMH-Investment-Memo.pdf?utm_medium=email&utm_campaign=EMH-R07&utm_content=EMH-R07+CID_01afe427f12dc37264aa11d71ec8e753&utm_source=wise%20owl&utm_term=Read%20the%20full%20ASXEMH%20investment%20memo
And now trading 85 p , with a big accumulator at this price .
EMH opens up 20% on ASX.
sorry 17,000pt (typo)
My thoughts exactly.
· Annual production of battery grade lithium hydroxide monohydrate modelled to increase from 25,267 tpa to 29,386 tpa, an increase of 16%.
· NPV8 (post tax) increases from US$1.108B to US$1.938B, an increase of 74.9%, based upon a lithiumhydroxide price of USD17,000 per tonne which is significantly less than the current price.
10,000pt will be a laughable figure by the time offtakes come in,
This is getting very exciting now
Thankyou santa
NPV $12B ?????
From the PFS, If the lithium hydroxide price increases $5,000 from $17,000/t to $22,100/t the NPV increases from$1.9B to $3B !!!!!!!!
It's currently ~ $50,000/t. An increase of $33,000. That's an insane increase in the NPV!!!!!!
Am I correct that today's PFS values the share price at roughly £3 to £7, depending on market price of lithium?
Doesn't work like that.
Like this too : Tin From $22,500 and only went up to $24,000 current market $43,000
the resource is nowhere near fully
utilised – paving the way for future assessment of further production increases. 60,000 tonne coming and then double shift to 120,000 tonnes . I LIKE IT !!!!!!!!!!!!!!!!!!!!
PFS UPDATE DELIVERS OUTSTANDING RESULTS
75% INCREASE IN CINOVEC NPV TO US$1.94B
16% INCREASE IN PRODUCTION TO 29,386TPA
HIGHLIGHTS1
• The 2019 PFS Update for the Cinovec Project has been updated to demonstrate the effect of
changes in the mining process to incorporate the use of paste backfill, which results in an
increase in annual production, together with changes in lithium and by-product prices to reflect
current and expected market conditions.
• Annual production of battery grade lithium hydroxide monohydrate modelled to increase from
25,267 tpa to 29,386 tpa, an increase of 16%.
• NPV8 (post tax) increases from US$1.108B to US$1.938B, an increase of 74.9%, based upon a
lithium hydroxide price of USD17,000 per tonne which is significantly less than the current price.
• Post tax IRR of 36.3% and a payback period of 2.5 years from the commencement of production.
• Up-front capital cost due to backfilling plant and additional capital costs to produce 29,386 tpa
lithium hydroxide increased to US$644m.
• This 2022 PFS Update assumes the life of mine extraction of 13.1% of the Measured and Indicated
JORC Resources at Cinovec.
• Use of tailings for backfill will result in a far smaller environmental impact, further enhancing the
Project’s already strong ESG credentials.
Strange - why put in a trading halt on the ASX when AIM is still open!?!
An announcement relating to an update on the PFS - appreciate the huge rises in prices and a potential significant increase in production with double shift etc - but with the DFS expected by end of Q1 - early Q2 why now...maybe some very interesting positive news on the chemistry.
Anyway all good I trust!