EUR 6.45% 2.9¢ european lithium limited

The negative news is that EUR were suspended partially due to...

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  1. 1,587 Posts.
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    The negative news is that EUR were suspended partially due to "Potential investments from strategic parties" .
    They then came out of suspension with a bullsh1t excuse and revealing that the $40m minimum in trust account had been waived. They literally had no money before the most recent PIPE of $10m.
    Now it's another 60 days until any further funding, and you know that will be on terrible terms because potential investors know CRML has no money and are desperate. They had plenty of time to raise PIPE already but could only get scraps at ridiculous terms.
    Where's the money ? Remember when they said banks were lining up ?
    Shareholders were expecting some $$ coming in to support the project upon listing, as the company had alluded.
    I'm done ranting now , let's see what happens next.
 
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