21.9% European Lithium, page-20

http://www.mining.com/iron-ore-price-rollercoaster-continues-with-fresh-rally/

Looks like we've put in the lows on Iron ore... Looks to be going higher. CFE has some solid iron ore optionality projects, the market is in no way valuing these fairly. Current market cap is way too cheap:




I'm mainly in here now for the lithium as Tony has stated it will now be a focus of the company. European lithium was supposed to list on the AIM last year, from the latest presentation it seems they're currently undergoing a capital raising. In this booming lithium market 21.9% ownership of that Austrian lithium project has got to be worth more than our current market cap as pointed out by @strauss. Just compare it to peers.

I believe the recent action in iron ore alone could really significantly re-rate this company if we see continual movement higher.

LT shareholders are clearly frustrated and for good reasons... (I've read briefly into the Frank Timis/Timis Mining fiasco). From what i've gathered most are writing the $8m bridging owed to CFE and the $2.5m royalty payment off at a loss. Will be interesting to see what we hear from CFE the coming quarterly.

On the positive side we see Tony Sage buying a large amount of shares off market last year, and the $4m raising at a 300% premium (4.25 cents). Obviously there's more going on behind the scenes... must be lithium.

The recent price increase with volume tells me that we're going higher. Market cap is too cheap all things considered, the lithium crowd will catch on for sure with some extra promotion here.