EUROPEAN LITHIUM LIMITED, page-3029

1. Very strong net demand (ie Li demand will significantly outpace actual Li supplies) for Li in the near future, based on strong fundamental analysis by Sprott Critical Metals ETF a few days ago (Analysis reproduced, verbatim, by Stock .head's C. Edwards 11.4.23).

Bodes well for EUR.

Thanks@TrayonRangerfor the Sprott ETF link,Post #:67216758




2. Some may be interested, & find succour, in the Li "confidence vote" demonstrated by LTR SP rise since 28.3.23 (Takeover Offer $2.50, in production very soon).

And also the big Volume jump. with a modest SP rise, In ESS (subject to a 50c Scheme of Arrangement Offer). Production several years away, big Capex needed (small MC company, lots of dilution if no takeover).

The ESS SP action (now at 51c, with c.3.7 m sold so far today) almost certainly indicates the big boys are wading into ESS- they realise 50c is far too cheap for a safe Tier 1 11mt Li asset, (& much more?), well located, in a safe market that will be desperate for Li in future years (mantras of energy security/secure supply chains- ie non China & non-Russia/Co2 reduction targets etc.).

This action, albeit indirectly, eventually bodes well for EUR.