Progress on a DFS, Permitting, Offtake and Project financing

Published 04-FEB-2023 10:43 A.M.

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Our European lithium Investment European Metals Holdings (ASX: EMH) has just appointed consultants to complete its Definitive Feasibility Study.

EMH will be using DRA global which has over 30 years of experience in the development and execution of lithium projects globally.

The feasibility study is expected to be completed in Q4-2023.

We also noticed in the announcement today that Executive Chairman Keith Coughlan said that “It is not expected that this will delay the critical path of the Project, as during this time the Company will be in the process of finalising permitting, offtake and Project Finance matters.”

This will mean that EMH will be making progress on all three of the key objectives we wanted to see EMH achieve in our Investment Memo.