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
7.8¢ |
Change
0.004(5.41%) |
Mkt cap ! $112.7M |
Open | High | Low | Value | Volume |
7.3¢ | 8.0¢ | 7.2¢ | $259.4K | 3.416M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 139501 | 7.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.8¢ | 41338 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 139501 | 0.076 |
2 | 8579 | 0.074 |
1 | 21100 | 0.073 |
1 | 96500 | 0.072 |
4 | 380000 | 0.071 |
Price($) | Vol. | No. |
---|---|---|
0.078 | 41338 | 1 |
0.079 | 54373 | 1 |
0.080 | 48503 | 2 |
0.083 | 460370 | 3 |
0.084 | 220000 | 2 |
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