EUROPEAN LITHIUM LIMITED, page-47

@MeToo

sorry for replying so late.....

You don't have to be so serious about the mining licences, EL has them....as long as EL pay the licence fees (not like Cape Lampert / Marampa) these are always extended by 2 years if EL can show that they are doing something on the project.

.... if only Mr. Wanke takes some samples out of the mine with his hammer, or EL makes a new test drilling every few years, the licences will be extended like the last 10 years ...laugh.

As you can see in the presentation of 2019

The DSF has to be completed positively before EL can apply to the mining authority (despite existing mining licences) for mining operations.

Then an environmental impact assessment has to be done and all the concerns of the land owners and environmental / nature conservationists have to be cleared.

....and all this may take time, as Wanke said in a newspaper production is not expected until 2024....and this is still highly speculative.

As you can see, EL still has many obstacles to overcome that Tony Sage does not address in all his interviews.....

But many in Australia don't want to know exactly what is going on in Austria......

https://hotcopper.com.au/threads/ann-company-presentation.4683717/