Hard to fathom the Aus market is giving no value to the transaction whatsoever.
Tony clearly thought EUR would trade much higher after this deal as he publicly stated as much in the interviews.
Time to stop the tricky deals and just get some good solid finance for this project and some supportive cornerstone investors for EUR to give some confidence.
BMW $15 Million pre-payment in the bank at CRML would be good and a whole bunch of financing from US or European banks.
I'm still a believer but it's pretty hard to stay positive looking at that market depth
EUR Price at posting:
8.8¢ Sentiment: Hold Disclosure: Held
