You got it right to the point! Europe has the strictest mining laws (for whatever reason...) The management knew that when they bought the mine...didn't they?
How can it be then that they did not openly communicate this to the shareholders and promised to open the mine every 2 years and also advertised in videos/interviews that there would be no problem with the financing ...., the banks would be queuing up..
.If you want or have forgotten, I can post the videos and interviews again.
You have also known for years that you still have to obtain a number of permits to open the mine, as can be seen from the local media, this has not yet been done....why not?
Why doesn't the local manager H. Wanke give an interview?
You can't blame the current share price on the shareholders or the pro or con posters here in the forum, the influences don't go that far. An investor compares the company's announcements (including your position with the strict laws in Europe) with the progress made and then decides whether to give money.....the result of how much support Europeann Lithium has received....you can see for yourself
I hope that a Nasdaq and a name change will help to get the share price out of the valley of tears again ..... (although the management has remained the same)
EUR Price at posting:
6.1¢ Sentiment: None Disclosure: Held
(20min delay)
