European Lithium currently holds a 7.5% direct ownership stake in the Tanbreez rare earth project.
Additionally, European Lithium owns approximately 75-80% of Critical Metals Corp (CRML), which itself holds a 42% stake in Tanbreez.Therefore, European Lithium's total effective ownership in Tanbreez includes its direct 7.5% stake plus its indirect share through CRML, resulting in around 39.9% overall ownership of the Tanbreez project
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I know it's not a direct ownership but it's remarkable to go from 7.5% to 40% ownership of Tanbreez for doing nothing really. I am desperate to know what European Lithium management are thinking and how creative when it comes to selling CRML stock and how to go about it if they do.
EUR Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held
