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0.00% 4.9¢ european lithium limited

Ann: Acquisition of Advanced Lithium Project with Resource-PNE.AX, page-15

  1. mouse
    7,746 Posts.
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    11/05/16
    14:40
    Post #: 17736650
    ddzx are sure you got the numbers right ? Hera had the following


    So 284M fpo + $6M CR @ say 10c or 60M fpo = 344M fpo

    @ 10c = $34M mc, with $5M cash.

    You are suggesting $30 mill to be raised over time ?

    And yes there is more land to drill

    • Granted Mining Leases over 11 mining areas by the Austrian Mining Authority.
    EUR Price at posting: 8.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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