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5.1¢ european lithium limited

You sound like I did.. 18 months ago! Everything you have...

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TechSpec00

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02/04/24

10:13

Post #: 73142958
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Originally posted by SlamDunk33: ↑

Your missing the point.The market cap of CRML is approx $US900m. So that's $A1.3b as an investment in EUR books. The balance sheet will look fantastic.EUR now can use the investment in many ways. Buy assets using the CRML shares, get a very cheap debt facility using CRML shares as security. EUR can also sell some CRML shares to US investors who are now buying CRML on the NASDAQ as high as $US13 recently.Secondly Wolfsberg was going to be very hard to finance listed on ASX with a mkt cap of $A110m. Now on Nasdaq with a mkt cap of $US900m project finance will be much easier.A very smart move listing in the US.The ASX will catch up eventually.

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You sound like I did.. 18 months ago!

Everything you have mentioned, is valid. It is true. None of what you mentioned has had any effect on EUR share price….

Sad reality!

EUR Price at posting: 7.2¢ Sentiment: Sell Disclosure: Held
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(20min delay)
Last 5.1¢		Change 0.000(0.00%)		Mkt cap ! $71.30M

Open	High	Low	Value	Volume
5.2¢	5.3¢	5.1¢	$38.76K	753.6K

Buyers (Bids)

No.	Vol.	Price($)
3	144422	5.1¢

Sellers (Offers)

Price($)	Vol.	No.
5.2¢	20000	1

View Market Depth

No.	Vol.	Price($)
3	144422	0.051
10	344000	0.050
4	156311	0.049
4	175000	0.048
2	121276	0.047

Price($)	Vol.	No.
0.052	20000	1
0.053	1567413	2
0.055	21000	1
0.057	13744	1
0.058	36975	3

Last trade - 15.59pm 02/05/2024 (20 minute delay)


Last 5.1¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
5.1¢	5.1¢		5.1¢	20000
Last updated 13.38pm 02/05/2024 ?

EUR (ASX) Chart