EUR 0.00% 3.7¢ european lithium limited

Ann: Critical Metals Corp. F-4 is Effective, page-296

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  1. 1,871 Posts.
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    Not to appear like I'm invalidating, I 100% agree with you. But entertain below thoughts if you don't mind, plaguing shareholders minds...

    EUR has not been forthcoming with any plans, not even a high level of project schedule. Any experienced explorer would assume they are merely winging it. I would even say, I'm 75% sure Tony is winging it.

    An announcement about forward-looking endeavours would be nice.

    I doubt very much Tony knew that SZZL would push for an extension until the last 10 days. Happy to be proven wrong. Even right now, there's no set agenda, Tony flying to Saudi to do what exactly? Your guess is as good as mine. I had to make a call to contacts, pretend it's just a quick catch up happy new year call, for that.

    If there was some level of official information then perhaps investors wouldn't have the need to use our own network and devices to follow the company activities and material events impacting our investment, so as we can decide whether or not to stick around... or otherwise pull out. In fact, I'd even go as far as to say the company is lucky there are people able to provide information to the general public without infringing on insider information on an obscure forum in a little corner of the internet, chatting much like one would do at a pub.

    Check the company website and one would think it's an amateur company with little more than hopes and dreams, who are barely focussed juggling multiple ventures at the same time, using investor's funds to loan and bail failing ones. Worse, I'm merely scratching the surface.

    So as much as I am bullish at the future outlook of EUR shareholder return upon completion of CRML's IPO, the company and general EUR team (not contractors) have much to be desired if to indeed be valued as a billion dollar company. I am in no doubt the Wolfsberg project assets are multibillion worth but the company? That's the uncertain part. Nothing against Tony but more the shady people he gets involved with... now we're more told of more delays, valid as they may be it is unwanted, creating more uncertainty the company really doesn't need right now when shareholders are buckling and many itching to get out.

    And since we're all experienced investors, a quick reminder what "uncertainty" does. It is poison. The more uncertainty means more risks, more risks means more cost, and more cost means less willing investors. Not to sound like Yoda but I tell it how it is. Let's also have some thoughts around that.

    Cheers
    Last edited by BRProject: 06/01/24
 
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