So after all that we are going to close red.
EUR now has 67m shares in CRML worth $1.2b at last night's close. EUR market cap is around $120m
Either CRML has to tank soon to the tune of 90%, or EUR does a 10x.
My guess is a bit of both is going to happen, but likely mostly CRML depreciating.
Tony now needs to get on with drilling building and permitting this mine - the market is not fussed by spac mergers, nasdaq listings, pre-revenue buybacks and so forth. Clearly the get rich quick scheme that he had in mind has not eventuated here.
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