Ann: EUR Completes Acquisition Leinster Lithium Project Ireland, page-95

Beton,

Thanks for keeping the thread under some sanity here, I really don't care what the airy fairy people say here it's totally irrelevant.

As you and I have discussed many times over coffee, the price of Lithium has been the major factor in the slow down in the development of Austria.

Nobody's going to fund it whilst the price is tanked and BMW's contract will have terms which allow both parties options to stay or go. Anyone who thinks BMW can wipe out EUR/CRML re lack of supply is nuts.

All the current buying is almost certainly coming from the US and a well funded buyer. You know and I know that the Australian brokers love to hate TS.

So, is there a big run coming, who knows but with the assets we have like:

CRML over $600M
CLE potentially $200M when Vale ticks the next box within I think a couple if months (they had 3 months).
Dobra is nowhere near any likely demilitarised zone and has huge value. From past info that's worth $750M but of course a way off due to reconstruction.
Leinster has strong value. George Karageorge will get the value out of it. The tenements are surrounded by Ganging.

I can see $1 SP over the next while, should wipe out your tax losses. Pity that others assumed it came from buying poor stocks. I know how you ended up with it and those involved need sorted.

See you when I get back.