EUR 1.85% 5.3¢ european lithium limited

Ann: Wolfsberg Lithium Project Update, page-6

  1. 1,586 Posts.
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    Information I like in this announcement:
    "...drilling program is to significantly increase the existing JORC reserves for the DFS and show extensions of the ore body for future drilling programs..."

    >>>Upgrade the JORC reserves due in October next week, today is last day of September

    "The Company continues to engage with relevant stakeholders regarding the development of the project that includes various European banks to discuss project financing"

    >>> Once proven, obtain European financing, binding offtakes with Euro EV car makers - VW, Tesla's Germany Gigafactory comes to mind here

    "OTC listing will open the door to the huge and sophisticated US market"

    >>> Engage with the US market to potential get more favorable financing, increase market awareness
 
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