EUR

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4.0¢ european lithium limited

Ann: Trading Halt, page-455

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priteshsonkiya

658 Posts.

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02/11/22

17:21

Post #: 64551240
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Originally posted by Vodski: ↑

Yes I agree entirely on the clout of BMW front for sure and hypothetically with the overall sentiment of your post to be fair. That's certainly what's exciting a lot of people I agree and in theory is entirely rational. However, as you know it does rely on a heck of a lot of 'maybes', and 'ifs' to be honest - many which are breezed over by certain posters here frustratingly (unlike yourself) - as you said there are a lot of major hurdles to overcome; personally to me, more than most.

I think this would be more applicable though if BMW were somehow going into a form or partnership with EUR or they were taking an equity stake etc. Then their clout and connections really could get things moving imo. Until then BMW, even if the hydroxide deal materialises, are simply a customer of a potential future product, albeit, as you say, certainly a big daddy of a customer no doubt!

If another company without this track record were saying some of these things, I'd certainly be more inclined to jump back on board, especially given the current SP as you say... but with Tony I simply don't trust what he's telling us personally! Until some of these issues have an explanation and resolution and anything with BMW is actually confirmed I think people should be VERY cautious, so far absolutely nothing here is material imo.

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completely agree with your sentiment towards Tony and rightly so with his past record, but lets take Tony out of EUR and see, Do EUR have the mine? Is the mine developed? Is the mine ideally placed in Europe? does it have required Licenses?Is it close to European motorway and railway network? Is water easily accessible? Do europe need a lot of lithium and Can EUR help in Europe supply chain security for battery demand? Have they produced yet? How big is mine life? Can they double the resource? Do Europe need a lot of lithium? Have they produced Li2O yet and were they successful in getting battery grade? Also there can be some questions regarding Offtakes,Nasdaq, ESG,DFS? If you nod on each of them than why are you still so cautious??

Now, how many Mines are the there in Europe and being a strict continent with environment, how many can be developed in future?
I am an optimist and believe in "Yesterday was a History & Tomorrow will be a Mystery!!"

EUR Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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Ann: Trading Halt, page-455

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

Lendlease sells off US east coast construction operations in latest global divestment push

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

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Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

Helix investor makes partial takeover bid, proposing board changes

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Ann: Trading Halt, page-455

Top Stories

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

Lendlease sells off US east coast construction operations in latest global divestment push

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

The Calmer Co’s Anthony Noble reflects on record breaking FY24

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

Helix investor makes partial takeover bid, proposing board changes

Featured News

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