EUR 0.00% 5.1¢ european lithium limited

At this rate, just thinking out loud and not at all financial...

  1. 1,871 Posts.
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    At this rate, just thinking out loud and not at all financial advice, it's probably best to exercise A options at 7.5c then wait it out for heads to increase in value. That's looking like the better option to de-risk as selling As at market with tax solidifies paper losses into reality. Given the historical sentiment and confidence, despite with understanding can change overnight, I am unsure even a billion dollar financing deal with the Saudis would improve EUR's market valuation in the short term.

    With this thinking I've changed my sentiment to hold (again) from buy, despite remain bullish in the long term. We are almost at half way through vesting period comes end of Q2, if things don't improve by then (CRMA would be law by then as well as some financing eg. GEM) I'll be joining the sentiment to sell to Chinese entities instead of the long term potential to be acquired by Albemarle (that's the end game really) in supplying BMW via CATL/Eve. Theres no getting around Chinese entities anyway when it comes to lithium refining, ie. hydroxide plant.
    Last edited by BRProject: 14/03/24
 
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