EUR 1.61% 3.2¢ european lithium limited

Ann: Binding Lithium Offtake Agreement Executed with BMW, page-53

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  1. 1,871 Posts.
    lightbulb Created with Sketch. 1660
    Don’t worry about “price action” so much, you’ll get that and then some when Critical Metals goes to market at Nasdaq. Traders are going to trade, thats what they do best. They don’t care much about how well the company is doing but how much money they can make out of pips. If you believe in the company, hold on to shares and vote at AGMs. The big question is whether the mine will open or not to production and at scale, but as we can all now clearly see, BMW is counting on it.

    It would appear there are some confusion in the retail investors space. So I’ll provide a little insight (what is obvious to experienced investors anyway).

    Sizzle merger is with European Lithium AT (Investments) Limited, a BVI business company incorporated in the British Virgin Islands and a direct, wholly-owned subsidiary of EUR (the "Operating Company").Note that this BMW agreement is with the lithium hydroxide company, ECM Lithium AT GmbH, also a wholly-owned subsidiary of EUR.

    It may not seem obvious to some (here I was talking about the “obvious”), but the merger is for the mining assets only. This does not include other assets such as hydroxide plant (as well as Australia and Ukraine assets). Make of that what you will, I’m simply providing information information while already logged on this morning. Call it Christmas presents (to those who didn’t realise).

    A bonus info: the ~50,000 tonnes of LiOH is at the bottom of the forecast. The original SRK Consulting production high level forecasted schedule is below (this will be tightened up and updated schedule included in DFS - you never know until you know, you know?).
    https://hotcopper.com.au/data/attachments/4924/4924750-c76b7cabcbb998e34c40ab9d47bdf9b3.jpg

    Hope this helps.

    Again, Merry Christmas all and a prosperous New Year! Happy holidays!!


 
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