EUROPEAN LITHIUM LIMITED, page-880

Just for clarity Bluegoose that table come courtesy of a company caled Millstone , one of our major shareholders , i like your work , however , am a little more optimistic on the share price than you . there seems to be a correlation to percentage of NPV and shareprice . so for simplicity and to add to your system .
60 % NPV = 60 cents
70% NPV = 70cents
80 % NPV = 80 cents
90 % NPV = 90 cents
100 % NPV = 100 cents
These numbers will all depend on market sentiment on Lithium price and how the market percieves the future of that price . Eur will be the next trail blazer on that market perception and the rest of the lithium market will react to this coming offtake and contract price . I believe our management have been discussing market less 7 % . Unfortunately i did not confirm what the relative market was , I could only assume London LME as base . Happy days to come .

	Date	Price (US$ per kilogram)
24 March 2022	72.50
17 March 2022	69.75
10 March 2022	68.50
03 March 2022	63.50

I also don't think you will need to wait 3 years for some of this price reflection . But I do have an end game price also of $3.90 wich is a PE of 10 , Lithium price of $75,000 and fully diluted shares of 2.1 billion based on a cap raise of $600 mil USD and funding 40% and raising at 50 cents . There are lots of variables , but one thing is for sure there is a substantial multi bagger in the making here as with some other Lithium stocks , we just need to pick the right ones . Pending on final dilution that $3.90 above can also be higher .