RE: Emh27 Oct 2020 13:36
Quick comparison….With Piedmont : BNY Mellon Largest shareholder
Production PLL – 22,700 tpa LiOH
Production EMH – 25,267 tpa LiOH
NPV PLL – USD 1.1 billion
NPV EMH – USD 1.1 billion
IRR PLL – 26%
IRR EMH – 29%
CAPEX PLL – USD 545 million
CAPEX EMH – USD 483 million
Market cap PLL – AUD 445 million after offtake with Tesla
Market cap EMH – AUD 38 million – (EMH owns 49% of project so double market cap to reflect full value – still only 76m)
The future is bright , right place right time .Waiting on VW offtake
6 or more bagger in the making