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3.7¢ european lithium limited

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Bluegoose

3,145 Posts.

1532

04/05/23

11:34

Post #: 67603794
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Originally posted by Bluegoose: ↑

I decided this morning to rearrange a few things and top up on the options.

I should have done this yesterday at lower prices but in the end a few pips won't matter too much if what I hope happens does actually eventuate.

After a bit of cat and mouse I just paid up (3.4/3.5/3.6) as I like the prospect of the options rising in half cent increments once the heads break through 10 cents in coming days / weeks. Most of the volume today is me buying.

I've had a pretty good crack here so very much hoping Tony's plans come to pass, including the following;

1. Binding JV with Saudi's for LiOH plant including favourable funding package
2. CRML listing on NASDAQ around June
3. Commencement of exploration in Zone 2
4. Finance package in Europe for the mine - hopefully on favourable terms with some EU incentives

Good luck team and I hope to convert these babies in due course for a large windfall with CRML shares.

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Correction to above.

I also bought at 3.3.

About 80% of the volume as I write is me topping up.

I've had a few very good experiences with options, and a few bad ones. Hoping this will be a very nice one.

At 3 X the leverage of the heads and numerous near term potential catalysts, it looks to be the right time to employ this strategy.

EUR Price at posting: 9.7¢ Sentiment: Hold Disclosure: Held
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