EUR 17.9% 2.3¢ european lithium limited

Ann: Trading Halt, page-449

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  1. 921 Posts.
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    Yes I agree entirely on the clout of BMW front for sure and hypothetically with the overall sentiment of your post to be fair. That's certainly what's exciting a lot of people I agree and in theory is entirely rational. However, as you know it does rely on a heck of a lot of 'maybes', and 'ifs' to be honest - many which are breezed over by certain posters here frustratingly (unlike yourself) - as you said there are a lot of major hurdles to overcome; personally to me, more than most.

    I think this would be more applicable though if BMW were somehow going into a form or partnership with EUR or they were taking an equity stake etc. Then their clout and connections really could get things moving imo. Until then BMW, even if the hydroxide deal materialises, are simply a customer of a potential future product, albeit, as you say, certainly a big daddy of a customer no doubt!

    If another company without this track record were saying some of these things, I'd certainly be more inclined to jump back on board, especially given the current SP as you say... but with Tony I simply don't trust what he's telling us personally! Until some of these issues have an explanation and resolution and anything with BMW is actually confirmed I think people should be VERY cautious, so far absolutely nothing here is material imo.



 
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