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An update from Esports Mogul Limited ( (AU:LU7) ) is now available.
Esports Mogul Limited, under its brand Lithium Universe Limited, is focused on the lithium industry, providing solutions to global lithium conversion challenges through the development of lithium refineries. The company aims to leverage its expertise and proven technology to produce green battery-grade lithium carbonate, with a particular focus on the lithium iron phosphate (LFP) battery market. In its latest announcement, Lithium Universe Limited has completed a definitive feasibility study for its Bécancour Lithium Refinery project, demonstrating positive financial viability even in a low pricing environment. The project promises significant economic returns with a pre-tax NPV of approximately US$718 million and an IRR of around 21.0%. The company is progressing toward funding after making a financial investment decision, positioning itself to capitalize on future price recoveries and addressing lithium conversion gaps globally.
More about Esports Mogul Limited
Average Trading Volume: 1,801,548
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$8.09M
See more insights into LU7 stock on TipRanks’ Stock Analysis page.
