EUR 3.77% 5.1¢ european lithium limited

Ann: Retraction of Announcement, page-65

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    Hi @Mountainbike

    Final feasibility study and EIA are two different things. Although both are required for the Wolfsberg project. DFS will be released before EIA considerations. I'm sure you are aware of this, but I appreciate your environmental impact concerns and ultimately, understand you don't want the project to succeed.

    In regards to the lithium hydroxide plant, this is the requirement by Austrian Govt - they don't want to sell spodumene but want it processed into lithium chemicals in the country. This was not an EUR decision.

    EU takes its time unlike the US Congress but pretty sure this has the political backing to succeed. And I also very much doubt BMW would let slip away, lithium supply in their own backyard.

    Anyway, let's wait and see. The proposed Nasdaq listing is really only weeks away.

    I think everyone are smart enough to be aware of the risks, but equally see the risk/reward not only economically, but also politically and environmentally as well.
 
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