EUR european lithium limited

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6.1¢

Ann: EUR Completes Acquisition Leinster Lithium Project Ireland, page-78

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rohsik

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30/11/24

11:38

Post #: 76853985
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Originally posted by Beton2: ↑

Firstly you come across as an angry frustrated punter wanting to blame someone. You posted a manifesto of questions that you expected those attending to present to the board. And you expect answers to be given. That was an unreasonable expectation on your behalf and they are your questions that you should ask the BOD yourself. I don't play that game.

There are several points here. EUR has Ireland, it has Ukraine and some other leases in Austria. It also has a large holding in CRML. In perspective, roughly, Australia has 1.5% spod, Ireland has 2,5% spod and Ukraine had 3.5% spod. Now that Trump is returning the consensus is that he will stop selling missiles to Ukraine to force them to the table and the area under Russian control will become a demilitarized zone. And we can go in and re drill some of the holes enough to say that the previous drilling is correct and the resource is brought up to Western standards.
There will be a push with Ireland.
EUR has taken up their rights with CLE. Meaning that cash is not a concern at EUR. Time is. There is 2.5 months until the CRML shares come out of escrow. There are 4 major funds with share in CRML that are severely underweight with their holding. EUR has to reduce their stake in CRML for CRML to have liquidity in the market.
The next point is CRML. They own Wolfsberg and tanbreez. Not EUR They have already sold Wolfsberg for script. Wolfsberg has finally been granted the shortcut environmental license. Now and only now that can progress. This saved 5-10 years of bureaucracy. This has apparently been made public knowledge. Where is Garfish when you actually need him? Where is TOOMUCHRISK?
Tanbreez has just made an announcement re the gallium. There is a major if not critical shortfall in this element. The EU want the critical minerals in Tanbreez as does the US. CRML will mine (only needs a $150M US CAPEX), concentrate in Greenland and ship to either Iceland or the US for third party processing.
GB was not there because he is in Greenland hosting some yank brass.
TS has 10M B options. He already set a precedent with the A options.
All positive.

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Hi Beton
Thanks. Want hear more about the conversation during the meeting.
Since the environment license is out of the way and fully permitted I would assume that they are now looking for finance , did they mention anything regarding finance for wolfsberg?

EUR Price at posting: 4.0¢ Sentiment: Hold Disclosure: Held
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Ann: EUR Completes Acquisition Leinster Lithium Project Ireland, page-78

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