EUR just entered into Trading Halt with the note of: "...EUR seeking a TH in relation to Project Financing Agreements". Will be interesting to see what that entails and how they are going to be financing their Austrian-based project.
Reason why EUR's progress is important to EMH is that it will demonstrate that EU are progressing towards re-establishing mining industry in the EU with the support from both the legislation/permitting (CRMA/JTF) and with the support of the financiers.
VUL + EUR progress will reflect positively on EMH and it will be only a matter of time before EMH's turn.
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