EUR 4.35% 4.4¢ european lithium limited

failure, page-2

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    Even Gerry Harvey of Harvey Norman has said that people have pulled in their belts this Xmas. Be patient, the company has already got people on the ground and intend drilling in the first quarter of 2011. I'm sure the drills will find there is enough gold left for an open cut operation which is common at nearby Mt Magnet. They also said in the prospectus that there is also enough near surface material around to start putting through a mill to start cash flow. The grades were high when the area was being mined by the old operations. The share register is pretty tight also.
 
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