two things...9 Jun 2018 13:23
.... I took advantage of an offer from an Aussie broker to analyse , for free a company on the ASX so I did and there were ONLY two things on the negative side regarding investing in EMH was a good idea or not, One was the low grade of the Lithium which from Keiths recent statement via Directors Talk interview where he stated
"
So, we have two advantages over the spodumene route with regards to the recoveries. Firstly, right out front, in the magnetic separation we tend to get significantly more or greater percentage of lithium report to the concentrate thereafter. Also, at the end of the process with the recovery of lithium from the roast, both of those we�re getting much better recoveries than we see with typical spodumene processes. This allows us to compete very favourable on the cost curve with those processes" puts that question to bed I think.
The second concern was the Czech government and although not in the control of EMH or anyone out side of the Czech republic was of concern Which also seems to becoming to conclusion," We can see a fairly clear path now to the formation of a Government in the Czech republic ....." That answers the second concern imo ,
The point is those were the only concerns and they look like being overcome now , So an excellent price and no better time to be buying into EMH