Ann: Trading Halt, page-88

View on EUR in Europe

99% of Europeans do not know European Lithium, nor the mine in Wolfberg and the project.
Back story:

Europe is at the beginning of the shift from fossil fuels to renewable energy.Germany is the driving force to realize this shift across Europe.The Covid crisis and the war, triggered by Russia, have made the dependencies to China and Russia clear.It quickly became clear how much these dependencies can burden domestic industry and society.

The goal of the EU is to become independent from Russia and China in terms of raw materials, hence the 'Critical Raw Materials Act'.
The required raw materials such as lithium, cobalt, manganese and rare earths are to come largely from domestic production.Wolfsberg is the only mine in Europe that is about to be mined; all other projects will take many years if not a decade.

All facts about Wolfsberg are known here, I will not mention them again.
Europeans are having a hard time switching from combustion cars to electric mobility.
The most important reasons are the (still) high prices of e-cars, their low range and the incomplete development of charging stations.
Society (still) gives little thought to the switch to e-cars, the attractiveness is lacking, fears prevail.

Therefore, it is not surprising that almost no one knows about European Lithium.
The trading figures in Frankfurt are very low due to the lack of awareness.
News like the deal with BMW and Obeikan fizzle out and are no incentive.
I am sure that the buying pressure in Frankfurt will increase, at the latest after the IPO, when international investors enter and European Lithium appears on the national radar.
This is the view of a European