EUR 2.08% 4.7¢ european lithium limited

Snow Lake Lithium has only 8.3Mt total resources at 1% Li2O,...

  1. 65 Posts.
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    Snow Lake Lithium has only 8.3Mt total resources at 1% Li2O, which by 36% lower than Zone 1 Wolfsberg project.
    And this company has only recently completed Maiden JORC MRE and Preliminary Economic Assessment - no PFS, no DFS, no offtake etc. Compared to EUR, Snow Lake is now somewhere in 2017 of EUR chronology. So comparing Snow Lake Lithium with EUR for valuation purposes is not very correct.
    https://hotcopper.com.au/data/attachments/5580/5580523-f69f918dc931cac163ea635173561ab0.jpg

 
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