EUR 0.00% 3.7¢ european lithium limited

Ann: Wolfsberg Project Definitive Feasibility Study Results, page-22

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  1. 141 Posts.
    lightbulb Created with Sketch. 59
    Excellent, it's finally here!

    So it's confirmed the NPV $US 1.5 billion or at today's AUD $2.277 billion.. hugely undervalued!

    From my quick observation, most of the capital cost seems to revolve around building the local hydroxide plant but two things may not have been be factored in:

    1) EU support and grants/loans which may become known from tonight's Critical Minerals Act.. which could take a big chunk out of the costs.

    2) Saudi Arabia hydroxide plant, as announced in Jan, could be seriously considered if no help from the EU, with energy costs as low as anywhere in the world there, this could also be a huge game changer for the company financials.

    Another major milestone ticked. Onwards and upwards!

    Good luck to all holders.
 
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