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4.35% 2.4¢ european lithium limited

Ann: EUR increases Measured and Indicated Resource by 54%, page-16

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  1. Understatement
    548 Posts.
    lightbulb Created with Sketch. 158
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    09/11/21
    10:55
    Post #: 57421126
    Hi all,

    The additional resource should support the envisaged annual mining rate of 800,000 tonnes @1.03% per annum.

    8,000t (Lithium hydroxide) @ A$40,000 would result in annual revenue of $337Million per annum.

    Is this correct?

    DFS will be interesting.

    Production to scheduled to start in a bit over 2 years.

    K




    EUR Price at posting: 16.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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