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5.7¢ european lithium limited

You sound like I did.. 18 months ago! Everything you have...

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TechSpec00

1,285 Posts.

406

02/04/24

10:13

Post #: 73142958
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Originally posted by SlamDunk33: ↑

Your missing the point.The market cap of CRML is approx $US900m. So that's $A1.3b as an investment in EUR books. The balance sheet will look fantastic.EUR now can use the investment in many ways. Buy assets using the CRML shares, get a very cheap debt facility using CRML shares as security. EUR can also sell some CRML shares to US investors who are now buying CRML on the NASDAQ as high as $US13 recently.Secondly Wolfsberg was going to be very hard to finance listed on ASX with a mkt cap of $A110m. Now on Nasdaq with a mkt cap of $US900m project finance will be much easier.A very smart move listing in the US.The ASX will catch up eventually.

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You sound like I did.. 18 months ago!

Everything you have mentioned, is valid. It is true. None of what you mentioned has had any effect on EUR share price….

Sad reality!

EUR Price at posting: 7.2¢ Sentiment: Sell Disclosure: Held
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(20min delay)
Last 5.7¢		Change 0.007(14.0%)		Mkt cap ! $79.69M

Open	High	Low	Value	Volume
5.7¢	5.8¢	5.3¢	$183.7K	3.299M

Buyers (Bids)

No.	Vol.	Price($)
2	243156	5.5¢

Sellers (Offers)

Price($)	Vol.	No.
5.7¢	120090	4

View Market Depth

No.	Vol.	Price($)
2	243868	0.055
2	24206	0.054
3	119516	0.053
2	16810	0.052
6	667034	0.051

Price($)	Vol.	No.
0.057	120090	4
0.058	512825	3
0.059	112054	1
0.060	510566	3
0.061	100000	1

Last trade - 15.34pm 06/06/2024 (20 minute delay)


Last 5.5¢			Change 0.007 ( 12.2 %)
Open	High		Low	Volume
5.3¢	5.7¢		5.3¢	408164
Last updated 15.57pm 06/06/2024 ?

EUR (ASX) Chart