An update to the DFS is not being done for an obvious reason.
You’re a smart guy. Do the numbers yourself. Even if the current Li prices doubled, there’s no business case to develop the mine.
I hate to say it but it’s looking like a stranded asset.
However, with govt intervention and financial aid, and with the whole “first lithium mine in Europe” card being played on repeat, who knows, it may eventually go ahead. I can’t see it myself though.
The best hope I see for holders is EUR diversify into other projects. Wolfsberg looks an uneconomic dead duck.
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Last
7.9¢ |
Change
-0.006(7.06%) |
Mkt cap ! $122.8M |
Open | High | Low | Value | Volume |
7.9¢ | 8.0¢ | 7.9¢ | $149.8K | 1.894M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 446429 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 196497 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 446429 | 0.078 |
1 | 32500 | 0.077 |
2 | 250000 | 0.076 |
2 | 60000 | 0.075 |
2 | 250000 | 0.074 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 196497 | 3 |
0.081 | 28061 | 1 |
0.082 | 87037 | 4 |
0.083 | 186067 | 2 |
0.084 | 20000 | 1 |
Last trade - 10.33am 29/07/2025 (20 minute delay) ? |
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