EUR 5.26% 4.0¢ european lithium limited

Ann: Notification of Expiry of Options and Options Offer, page-85

  1. 3,119 Posts.
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    To be honest I'm still wondering if I'm about to throw another $15K away!!.

    I really need to know from management what the plan is and how they intend to create value for both shareholders and option holders.

    They haven't done a great job of this so far, so what are they going to do differently in the next 12-18 months to actually get some traction and achieve a re-rating?.

    The term throwing "good money after bad" comes to mind but I'm keeping an open mind.

    I decided a while ago I was going to sit on the options rather than sell for 0.1 of a cent just out of principal - but in reality large option holders couldn't meaningfully exit anyway.

    If CRML can stay anywhere near current levels, AND perhaps grab a new project of some type, AND make solid progress with Wolfsberg, AND Obeikan come to the party with a nice financing deal for the LiOH plant, then maybe just maybe EUR can get back above 15-20 cents in time and give us punters a little win.

    We live in hope...................again......................



 
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