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1.82% 5.4¢ european lithium limited

Ann: Retraction of Announcement, page-72

  1. Baltic777
    66 Posts.
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    12/01/23
    01:02
    Post #: 65647551
    NPV at 6% discount rate? Irrelevant. No investor of sound mine invests in a resource project to receive a 6% return.

    I believe that the ASX should never had let the announcement be released based on an unfinalised DFS. Subsequent to the announcement's release, I believe that the ASX realised this, and subsequently, instructed EUR to retract the announcement. This is amatuer all around.

    EUR Price at posting: 7.9¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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