EUR 3.85% 5.0¢ european lithium limited

Ukraine and the potential lithium deposits are as far away as...

  1. 135 Posts.
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    Ukraine and the potential lithium deposits are as far away as the moon.
    Ukraine is supported by the West, there are US elections in November and my strong guess is that Donald will be back.
    Then he will stop supporting Ukraine and pull the plug.If that happens, Ukraine is lost and the lithium deposits are history.
    Considering that the EU is withdrawing the ban on combustion cars, this will have a negative impact on Wolfsberg.
    The mine is not "fully permitted", as management always presents it.
    Even if an EIA is granted, the population could still veto it, there is a high residual risk.
    There are still no figures for Styria, nor has anything been developed there.
    I am not an auditor, but I think 30 c per share for EUR is utopian, with good luck 12-15 cent.
    But why should the management sell?
    Salaries for directorships are drawn from EUR and CRML, a secure income as long as there is money in the coffers.
    I find it shocking how such a good project can be willfully driven to the wall
 
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