Happy Friday,
Agree Bluegoose.
Lithium has been declared critical material in the European Union, USA and Australia. (All of them providing extra funding for exploration and manufacturing - not for mining). This reduces the the risks of Lithium and other critical resource miners substantially.
Chinese government is getting involved in the Chinese Lithium market to control prices (not sure how they can do this over the medium to long term with skyrocketing EV demand). The rest of the world will be happy to snap up any available Lithium especially the US and Europe.
EUR owns the Lithium mine closest to production in Europe. So EUR is in pole position.
Looking at the big picture the timing/delay of the DFS/BFS and off-take agreement(s) are really irrelevant.
Expecting news sometime this month and the uptrend of the share price to continue.
K
EUROPEAN LITHIUM LIMITED, page-940
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