EUR 2.08% 4.9¢ european lithium limited

EUROPEAN LITHIUM LIMITED, page-937

  1. 3,103 Posts.
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    The DFS was originally delayed due to several reasons including;

    - Metallurgy and the need for locked cycle tests
    - More drilling to increase resource size to above the magic 10M tonnes
    - By the time all that was done, then yes, COVID slowed things down on the various studies and work
    - Not to mention Tony and/or the company specifically stating that they slowed things down when spodumene prices were depressed and below production costs as no point throwing millions at a market in turmoil with an uncertain time frame for recovery. During this time many Lithium hopefuls went bust but EUR battened down the hatches and they survived - and are now about to thrive!!.

    So it's taken years of work to get to this point. Another few days or weeks doesn't make any difference to me.

    Good things come to those who wait!! rolleyes.png
 
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