EUR 7.89% 3.5¢ european lithium limited

Tack record is very constant. I'm a bit concerned about the...

  1. 5,657 Posts.
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    Tack record is very constant.

    I'm a bit concerned about the companies response to the ASX speeding ticket!

    Did you notice the 604?

    29/11/17
    Issue of 1,711,111 shares by EUR in lieu of outstanding director fees diluting the % interest of Cape Lambert and Dempsey
    29/11/17
    Issue of 6,554,888 shares by EUR upon the exercise of options diluting the % interest of Cape Lambert and Dempsey
    1/12/17
    Issue of 1,941,667 shares by EUR upon the exercise of options diluting the % interest of Cape Lambert and Dempsey

    All in the Vwap period.

    Hey Bbrock56.

    This is a thin vain mine (1.5m average) down dip mine with a fair bit of contaminants in the rock and a huge Capex and Opex being the more expensive underground v open cut.

    "The capital cost for the mining component has been estimated at US$53.8 million which includes US$41.8 million for development, US$8 million for mine infrastructure and US$4 million for ore sorting. The capital cost for the processing plant and infrastructure has been estimated at US$125 million ($166m au)
    Opex $35.6"

    This share price is void on any TA.
 
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