Member Info for CityOfDelight

And that's where you're wrong. Because further announcements have emphasised that byproducts will be monetised one way or another.

The DFS does not explicity say what the survival price is, but it would likely be around 10% below the NPV8% breakeven price.

The DFS is also not clear whether byproducts will be harvested and to what extent. You can bet if tungsten prices stay inflated, they will try to take advantage, but even assuming tungsten prices come back down, there are several other byproducts to take advantage of. It might not sound like much, but if you're talking survivability then then byproducts absolutely matter.

There is no guarantee lithium price will be viable nor that the EU will come through on their guarantees, however I like the odds of EMH a lot better now then when the lithium price appeared to be in a death spiral in 2025. Not only because of the increased price of lithium, but also because there will likely be a renewed push towards alternative energy sources. Although a lot depends on further geopolitical developments in the EU, US and the middle east.

Skelly, you keep discrediting yourself by calling my posts AI drivel.

Then again who am I kidding. There is very little truth in any of your comments, other than (a) DFS economics are suboptimal and (b) there may be further capex increases. The rest of it is easily disprovable drivel. At this point I'm starting to think that you are in fact using AI for many of your posts. That's usually the most likely explanation when someone keeps accusing someone else with a very specific false allegation.

@Skelly85 Next cap raise will be for a few million. Unfortunate if it happens at a low price but not the end of the world.

2026 still has the potential for being EMH's best year, even if the current downtrends continues for a while

@TheBizzler I just checked the first few that popped into my head like Vulcan, Lake Resources, Ioneer, Liontown, European Lithium (I don't currently own stock in any of the above)

Skelly, I get your argument, but you're way overthinking it. Many, many lithium stocks are down by 40-60% from their December/January highs including both hard rock and DLE in many different regions.

Never call people idiots for selling shares. If you believe in your own words you would quietly buy up their shares, without insulting other people's intelligence and your own.

I would perhaps agree if there was significant trading volume. I just don't think you should ever read much into a share price when trading volume is low.

I wouldn't describe the situation as dire. At worst, I would consider it a financially distressed with very high strategic value, with an interesting risk/reward profile.

Just a bit of perspective here.

The market has not really been loving lithium stocks lately, but EMH has not been the worst performing lithium stock in the last 6-12 months. Some projects have failed completely, while others have amazing economics and are still performing poorly.

Gotta love people who randomly drop in once in a while to comment on the share price with no productive commentary on why they think the stock is a good or bad investment

What is this heresy? Don't you know that a pair of round trades mean institutional investors are about to start pouring in like there's no tomorrow?

I'm not sure they have even seriously attempted to do anything to lift the share price. It's a dead stock until it isn't.

SP isn't everything.

Lithium prices are headed in the right direction. Approvals are seemingly headed in the right direction.

Still lots of unknowns, and offtake agreements are hard to get across the line, but I don't think buying at the current price is necessarily bad.

The last few days/weeks have highlighted the risk of being so heavily dependent on oil, and is likely to increase the urgency to diversify away from fossil fuels and accelerate the already inevitable energy transition. In the short run, depending what happens in the current crisis, it is possible that oil prices will continue to climb, but if that happens, that will only speed up the transition to alternatives even faster.

The average intelligence and maturity level over here just goes up every day

Wow, I'd be pretty upset too if that happened to me. But you know what, I've had stocks go down by 90% as well, and I either sold my shares or held onto my shares, but I didn't spend the rest of life emotionally invested in failure of the company.

And inflation won't only affect the price of capex and opex, it will also affect the spot price of lithium

@Skelly85 How long will you take my comments out of contexts for?

I'm the one who has been here for 3 months, and during that time you made prediction after prediction and each one turned out to be wrong.

I do not know what predictions you made in the past, other that the fact that you bought EMH at a high price and sold at a low price, long before I signed up for this forum

All I can say is I find Skelly's entry and exit timing for holding EMH shares very odd. Buy high sell low is not usually the recommended course of action, though I'm not a professional.