EUR european lithium limited

Ann: Notification of Expiry Options and Replacement Options Offer, page-20

  1. 3,206 Posts.
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    I don't hold the B options, so have no desire to see the current deal which was disappointing for non B option holders and EUR holders.

    In fact, I now feel shafted with the deal on the A options as we had to pay significantly more for a significantly shorter extension.

    A vote of confidence by management would have been to leave the exercise price at 18 cents in 2 years time, but they have now flagged that 10 cents will be very difficult to achieve - as most options never get into the money.

    A good deal to feather their own nests, but a bad deal for current EUR and EURO holders as this deal has not only devalued our holdings, but it has also put a massive cap on any price over 10 cents - rather than at 18 cents.

    I thought about buying a few on market on Friday, but I decided against it as I just can't bear going through all the bullsh!t again out to mid 2027 with the expiry date looming at that time. I hope to be well and truly out of anything related to EUR well before then.

    I'll hold on for 10 cents but that will probably do me if and when it gets there - where it will likely be held for some time due to above while all the B option holders fall over themselves to get out for a cent or two.

 
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