Ann: EUR Announces Effectiveness of CRML Registration Statement, page-17

First 17 Last

Share
Profile

Follow
Cougar1311

153 Posts.

69

25/05/24

17:11

Post #: 74007799
Share

Originally posted by LivithiuM: ↑

An example of how we can see the benefit of CRML has already been shown through the proposed transaction of the Leinster lithium project costing 1,234,568 CRML shares at a price share price of 8.10USD.

If we look at the equivalent proportionate price that we have had to pay, in regards to the EUR market cap, it is a pittance.

Considering that 1,234,568 / 67,788,383 total CRML shares are to be traded for the project. This equates to approximately 1.82% of EUR's holding in CRML. If we were to consider what this proportionately equates to, considering the EUR market cap, we have effectively purchased this project for:

65.7mil (Current market cap) * 1.821208% = 1,196,534 AUD
But do not get me wrong, there are many things that I find frustrating being a holder of EUR. I like transparency and have found it annoying to feel left in the dark at times. The biggest issue I have is that there is currently no clear time lined future plan for EUR, at least not published.

Although I try to be a realist though, unlike some, and weigh up the good with the bad. Tony has made a lot of good deals, now we sit and await their fruition.

Expand

Your calculations and forecasts are based on book values.You only participate when these book values are also available to you as a EUR shareholder in the form of distributions (dividends or shares, e.g. to CRML).
You cannot buy anything from book values and your investment remains in the red.
That is the reality.
But these distributions to shareholders are not planned by management.

EUR Price at posting: 4.7¢ Sentiment: None Disclosure: Not Held
1 Upvote

1 Great analysis

Reply

Top Stories

PEC

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

MM1

Geochemical work at Newington picks up gold and copper anomalies for Midas

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

BGL

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

There are more pages in this discussion • 61 more messages in this thread...

First 17 Last

Add EUR (ASX) to my watchlist

(20min delay)
Last 4.8¢		Change 0.000(0.00%)		Mkt cap ! $67.10M

Open	High	Low	Value	Volume
4.8¢	5.0¢	4.8¢	$31.19K	638.4K

Buyers (Bids)

No.	Vol.	Price($)
1	6056	4.8¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	323395	4

View Market Depth

No.	Vol.	Price($)
1	6056	0.048
4	195276	0.047
4	232739	0.046
6	264344	0.045
5	117848	0.044

Price($)	Vol.	No.
0.050	323395	4
0.051	40000	1
0.052	81684	3
0.053	87000	1
0.054	250000	2

Last trade - 16.10pm 25/07/2024 (20 minute delay)

EUR (ASX) Chart

Ann: EUR Announces Effectiveness of CRML Registration Statement, page-17

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

Geochemical work at Newington picks up gold and copper anomalies for Midas

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: EUR Announces Effectiveness of CRML Registration Statement, page-17

Top Stories

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

Geochemical work at Newington picks up gold and copper anomalies for Midas

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News