An example of how we can see the benefit of CRML has already...

An example of how we can see the benefit of CRML has already been shown through the proposed transaction of the Leinster lithium project costing 1,234,568 CRML shares at a price share price of 8.10USD.

If we look at the equivalent proportionate price that we have had to pay, in regards to the EUR market cap, it is a pittance.

Considering that 1,234,568 / 67,788,383 total CRML shares are to be traded for the project. This equates to approximately 1.82% of EUR's holding in CRML. If we were to consider what this proportionately equates to, considering the EUR market cap, we have effectively purchased this project for:

65.7mil (Current market cap) * 1.821208% = 1,196,534 AUD

But do not get me wrong, there are many things that I find frustrating being a holder of EUR. I like transparency and have found it annoying to feel left in the dark at times. The biggest issue I have is that there is currently no clear time lined future plan for EUR, at least not published.

Although I try to be a realist though, unlike some, and weigh up the good with the bad. Tony has made a lot of good deals, now we sit and await their fruition.