Announcement from Cyclone Metals (CLE) today regarding the loans from EUR (using EUR shareholder money of course...).
And of course aa some of us here predicted a long while back these will now be converted to equity in CLE (Tony's other company btw, in case any were not aware) and so will now never be repaid.....
Interestingly not announced by EUR on the same day as it does however announce some hydroxide plant Saudi news.
Absolutely unbelievable. All smoke and mirrors once again.
EUROPEAN LITHIUM LIMITED, page-3578
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