EUR 10.0% 5.5¢ european lithium limited

General Discussion, page-815

  1. 2,385 Posts.
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    An update to the DFS is not being done for an obvious reason.

    You’re a smart guy. Do the numbers yourself. Even if the current Li prices doubled, there’s no business case to develop the mine.

    I hate to say it but it’s looking like a stranded asset.

    However, with govt intervention and financial aid, and with the whole “first lithium mine in Europe” card being played on repeat, who knows, it may eventually go ahead. I can’t see it myself though.

    The best hope I see for holders is EUR diversify into other projects. Wolfsberg looks an uneconomic dead duck.
 
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