European Metals Holding (OTCQX:EMHLF) (OTCPK:ERPNF) is a relatively little-known company developing world-class lithium-tin deposit in the Czech Republic. The project has good economics, the company is well funded and it has a strong partner in
European Metals: World-Class Lithium-Tin Deposit In Central Europe
Summary
- European Metals owns 49% of the world-class Cinovec lithium-tin deposit in the Czech Republic.
- The deposit contains 7.22 million tonnes of lithium carbonate equivalent and 262,600 tonnes of tin.
- The current market value of contained metals is over $100 billion.
- According to the PFS, the mine should be able to produce 25,267 tonnes of battery-grade lithium hydroxide per year, at a cost of $3,435/t.
- At the current metals prices, the after-tax NPV (8%) is over $1.8 billion.
Peter Arendas is an associate professor at the University of Economics in Bratislava. He has over 15 years of investing experience. Peter specializes in covering small and mid-cap companies in the resource sector with an in-depth insight into the precious and industrial metals royalty & streaming industry.
Peter is the leader of the investing group Royalty & Streaming Corner where he offers in-depth analysis of long-only investment ideas, actionable research, model portfolios, discussions of the latest news, and direct access for questions in chat. Learn More.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of EMHLF, ERPNF either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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