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clock Created with Sketch. 28/12/24
19:35
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Originally posted by Beton2:
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There has been an expectation that EUR would rocket on the back of the Nasdaq listing. Few see it as a stroke of genius. My belief is that Wolfsberg is a step too far. On the surface getting the mine was a good thing. But actually mining it is a completely different animal. The NIMBYism that is rife in Austria will most likely kill the project, or put a long long and painful road ahead. The Ukraine assets were probably plan A for Sizzle and plan B, Wolfsberg had to be substituted. Essentially EUR has sold a lingering asset for $US750 million. It was a for script deal. It is just a time based deal in that EUR could not grab the money and run. There were also strings attached. EUR has to protect their holding in CRML.
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I agree with most of your assessment. I also applaud your actual constructive opinions.
