EUR 4.44% 4.7¢ european lithium limited

Hi mate, yes it should be soon, the company had anticipated DFS...

  1. 141 Posts.
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    Hi mate, yes it should be soon, the company had anticipated DFS completion for sometime in Q3, however, in the last quarterly they stated that it might run into Q4. It is being done externally by DRA Global, so the company can't force it.

    https://hotcopper.com.au/data/attachments/4611/4611333-7475b1b6d069cd514cb11ea9da2bada3.jpg

    How far into Q4 is anyone's guess, but I expect some share price appreciation and speculation leading into this period from now on.
    From the latest investors video, Tony stated that he hopes to finalise the BMW offtake into a binding agreement by 31st October, so I could assume that the DFS may be released around a similar time as this, maybe earlier in October if BMW are needing to review this information before signing the binding document.
    https://www.youtube.com/watch?v=hZb-JF-hfAE

    However, going off the knowledgeable BRProject and his excellent latest post, we could be in for a surprise BMW announcement in September relating to batteries, whether it is EUR related or not, it will be worth knowing more about their upcoming strategy.

    Good luck to all holders.
 
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