Rodzina

May 23, 2026, 6:15 PM EDT. Elevra Lithium (ASX:ELV) surged 24.7% following a A$295 million equity raise at A$12.20 per share and an updated scoping study for its North American Lithium (NAL) mine in Quebec. The study projects the mine's post-tax net present value (NPV) could more than double, with faster production ramp-up and stable operating costs. The capital raise aims to fund this expansion but increases shareholder dilution risk amid a year of strong share price gains. Valuation views vary widely, with fair value estimates ranging from near zero to A$14.25, reflecting uncertainty around aggressive growth plans and funding needs. Key near-term factors include execution on throughput, pricing of offtake agreements, and effective deployment of new capital.