It just increases the scope and potential of the resource. Read up on the German business news. Local brokers give this region a tick of approval.
Well respected Bacanora Minerals and others are also increasing acquiring new exploration licences in Germany.
It looks like a great place to be and is setting the scene for a well supported lithium industry in Germany, the industrial hub of Europe. RIO is also getting into the action with a potential big resource in Serbia. EMH has a good project in Czech Republic. It is really moving up a level in Central Europe.
The car manufacturing centres are nearby in Saxony, Germany, Czech Republic and some in Hungary from memory also. I see there are several new lithium battery factories due to be built in Europe very soon.
LIT Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
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