EUR 5.13% 4.1¢ european lithium limited

cap raise, page-79

  1. 3,111 Posts.
    lightbulb Created with Sketch. 1422
    In my humble opinion (not financial advice), this is a stock to buy now and hold for say 3 years+.

    I'd very surprised if this stock was not somewhere between 5 and 10 times it's current price in a few years time.

    Quite likely 1-3 X it's current SP over the next 6-12 months.

    No one knows when a market correction may come so it could be a rocky road. But the time seems good for EUR to start progressing their project in Europe. I bought on the basis that there aren't that many meaningful Lithium projects in Europe and any decent projects will highly likely be developed - which comes with a much higher value than today's valuation.

    I bought more today at 8.9 cents as this is either going to be multiples of the current SP in due course, or I will lose some or all of my money. 1 cent difference based on my longer term thinking is irrelevant so I decided to pay up now and put them aside and wait for progress of this company and it's deposit and hopefully mine.

    I think this Lithium boom has a lot of legs in it and we are likely closer to the start than the end of this cycle.

    Now seems like a good time to place your medium term bets and take a position in the companies that you think will make it. That's what I have done and now we wait to see how it all plays out.
 
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Last
4.1¢
Change
0.002(5.13%)
Mkt cap ! $57.32M
Open High Low Value Volume
4.0¢ 4.2¢ 4.0¢ $12.93K 314.9K

Buyers (Bids)

No. Vol. Price($)
3 51894 3.9¢
 

Sellers (Offers)

Price($) Vol. No.
4.1¢ 16202 1
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Last trade - 16.10pm 28/08/2024 (20 minute delay) ?
EUR (ASX) Chart
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