In my humble opinion (not financial advice), this is a stock to buy now and hold for say 3 years+.
I'd very surprised if this stock was not somewhere between 5 and 10 times it's current price in a few years time.
Quite likely 1-3 X it's current SP over the next 6-12 months.
No one knows when a market correction may come so it could be a rocky road. But the time seems good for EUR to start progressing their project in Europe. I bought on the basis that there aren't that many meaningful Lithium projects in Europe and any decent projects will highly likely be developed - which comes with a much higher value than today's valuation.
I bought more today at 8.9 cents as this is either going to be multiples of the current SP in due course, or I will lose some or all of my money. 1 cent difference based on my longer term thinking is irrelevant so I decided to pay up now and put them aside and wait for progress of this company and it's deposit and hopefully mine.
I think this Lithium boom has a lot of legs in it and we are likely closer to the start than the end of this cycle.
Now seems like a good time to place your medium term bets and take a position in the companies that you think will make it. That's what I have done and now we wait to see how it all plays out.
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