EUR 0.00% 4.6¢ european lithium limited

Mountainbike: "Speculation continues about the plant location,...

  1. 87 Posts.
    lightbulb Created with Sketch. 27

    Mountainbike: "Speculation continues about the plant location, and the start of mining is currently "not assessable"."

    Of course the above isn't assessable b/c the DFS is not finished yet. EUR is one of a few small cap Lithium companies who will have a finished DFS by end of 2021. An update about the upgrade of drilling inferred resource results (due March 2021) and and increase to 800,000 t/a mined will be included in DFS, "DFS at max. 800,000 t/a mined should improve NPV significantly, Drilling to upgrade the “Inferred” resource in Zone 1 to Measured and Indicated resource and extend prosperity Zone 2" (page 14/22 of presentation)


    I know you want to help others not make the same mistake you did, but times have changed Lithium demand is exponential till 2030.

    Page 9/22 of EUR Feb 2021 presentation (on their company website) states: "Exploration licenses (54) covering Zone 1 + 2 as well as Mining license permanently issued under applicable terms" If we have a permanent licence then accessibility would not be an issue.

    So I agree too many good announcements to come. Only 2 more weeks. Watch the price increase then now that the issue of new shares (since 5 Feb 2021) has been sold off. Now we are seeing a base price of $0.07
 
watchlist Created with Sketch. Add EUR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.