No news yet, I am tipping we are going into a suspension and would be out mid next week. This news would be too good to bring to the market within 2 days. This would be a company changing announcement. On top of this we can release the assays of our current resource in ground and announce the successful listing on the OTC markets enticing new holders to buy in.
I have seen a few explorers this year announcing they are acquiring lithium tenements/ investing in lithium and then the sp skyrockets after coming out of their halt. This could well be the case for EL too. 14c with a ~$100 million market cap seems fair cheap with what they got.
As said previously, what do they have coming up within the next months/qtr:
- Financing on favourable terms with euro banks
- Offtakes with Euro auto makers
- DFS
Would have missed a few more things but alot to like here and look forward to.
Ann: Trading Halt, page-102
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