Maybe I am missing something? They bought the mine in Austria for approx. E10m, have invested approx. $10m in the Greenland project and have bought something in Ireland for another $10m? All rough numbers....please someone tell me why the company should then be valued at $500m+ ? The truth is there is nothing happening and likely they are quite far away from starting anything bearing in mind they seem to be a 5-10 employee band in both the US & OZ. Apart from the 'potential', which is generally not being highly valued in Lithium stocks at the moment, what am I missing, which part of this story have I not spotted?
EUR Price at posting:
4.2¢ Sentiment: Sell Disclosure: Not Held
