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0.00% 3.8¢ european lithium limited

"Airbus of lithium" (European lithium), page-127

  1. bbrock56
    214 Posts.
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    06/12/17
    00:20
    Post #: 29401424
    Interesting, how established is this 'mine'?
    What infrastructure is in place to get it to the highly sought after 'Europe market' as fast as possible?
    What happened to the "Fully Funded to PFS" statement in the investor presentation on 23/11 (yes, 12 days ago) - clearly incorrect as they would've foreseen this impending CR?

    All I can see is a 10Mt deposit at 1% grade, but for the purposes of the PFS they will have to use the measured/indicated tonnage which is a massive 6.3Mt -...LOL
    Thin Li veins (5.5m max) and deposit only grows at significant depth...LOL

    All for $150m - Not to mention more dilution imminent with current CR

    Yeah, I'll pass
    EUR Price at posting: 29.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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