General Discussion, page-1581

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Monetenmän

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29/08/24

04:25

Post #: 75424672
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Originally posted by Gartenfan: ↑

This is about European Lithium and the commissioning of the mine there and not about other existing mines in Wolfsberg/Carinthia/Austria or even Europe.
Do you think it automatically means that if there is an existing mine nearby, the lithium mine will also go into operation?Why is it not in operation yet? .... After all, the mine has been owned by European Lithium for over 10 years and lithium hydroxide prices have been much higher than they are now?
The mine was listed on the NASDAQ in the spring under Critical Metals in order to attract investors/ banks because they would not have got any in Europe, according to statements by Mr Wanke in various newspapers.

Has Wolfsberg succeeded in attracting hundreds of millions of euros so far?
But please show me an announcement since the NASDAQ listing that proves progress in Wolfsberg, maybe I missed something?

Yes, I know that they want to deliver everything to Saudi Arabia for further processing in 2026/27, but just wanting this on paper is not enough, you need facts:
And that starts with money / drilling in zone 2 / permits / roads / infrastructure / working on the mine / ordering equipment and machinery / personnel.

I would be delighted if you could report on some of these things on your next visit to Wolfsberg or if the company makes any announcements on this matter.

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Today you have learned following facts:

the Deal with obeikan was clever : proofed by a Professor at University of Leoben
the EL Mine is not the first Mine in Wolfsberg.
your articles contains No News
money follows good deals

EUR Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
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General Discussion, page-1581

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