Ann: EUR Announces Effectiveness of CRML Registration Statement, page-3

I read this in the announcement:

Tony Sage, Chairman of EUR, commented: “We are excited that another huge milestone has been met and
look forward to the future success of CRML. We are also extremely pleased that the market capitalization
of CRML has on average traded at A$1.3bn since listing”.

European Lithium holds 67,788,383 (83.03%) ordinary shares in Critical Metals. Based on the closing
share price of Critical Metals being US$11.14 per share as of 22 May 2024, the Company’s current
investment in Critical Metals is valued at US$755,162,587 (A$1,140,295,506) noting that this valuation is
subject to fluctuation in the share price of Critical Metals. Through this significant interest, EUR is aligned
with Critical Metals vision to become a key supplier for the lithium-ion battery supply chain in Europe.

So my holding of EUR shares should be worth a few hundred thousand dollars. It's not.

And investors should be snapping up the options. They are not. In fact an announcement today states:

European Lithium Limited (ASX: EUR, FRAF8, OTC: EULIF) (European Lithium or the Company) advises
that it has resolved to extend the closing date of its Options Prospectus dated 22 April 2024 (Options
Prospectus).

EUR is Alice in Wonderland stuff. The only milestone that is needed is mining and selling the product of the Wolfsberg mine.