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5.56% 5.7¢ european lithium limited

General Discussion, page-1037

  1. TechSpec00
    1,288 Posts.
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    03/04/24
    16:22
    Post #: 73171805
    Unfortunately, I happened to read the F-1 statement where millions of shares were issued for $2.50 each… That gives a $2.50 valuation.

    I then applied a 60% Tony Sage tax as a discount factor and landed on $1 per share…

    Further discounts also possible if market decides to short the stock further due to the Definitive Unfeasibility Study.
    EUR Price at posting: 6.5¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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