You don't hold EUR shares kiddo so I'm unsure why you still post as "held". You're a puppy not a wolf.
If you tell investors to sell, put your money where your mouth is. Such ridiculous posts really and MB is back at it egging you on. You two and a third, always have a knack for disappearing at the same time and also appearing again roughly same time.
Some genuine investors have concerns and they back that up with content when airing it out. I'd encourage that! I don't have to have a say. It's posts like yours that add no value that's a pain. Always referring to others as opposed to giving any meaningful or insightful information about the business, even if it's negative. So your motives are questionable at best.
Tony is doing a great job. What he's managed to get done in the last two years for EUR are remarkable achievements. The share price may be lacking in substance and liquidity but it doesn't diminishes the effort and milestones achieved, despite remain unrecognised by the ASX market.
There's an obvious confusion in the ASX market (that means everyone here) and that sentiment is pushing down confidence, those here are EUR investors not CRML directly. Market cap of CRML are all over the place with no consensus across multiple different brokers and platforms. I'm not here to dampen that issue and negative sentiment that impacts EUR share price. It's worth having a conversation over. An adult investor-to-investor conversation, not some troll who has nothing better to do.
There will be an announcement this month, in addition to the update on hydroxide plant and not long is the quarterly report. We know there are interested parties, Tony just doesn't want to make deals with Chinese interests but they are definitely keen. They've always have been, I recall he had some offers (surely people remember?) but he refused. I say, good on him! And if the Chinese are interested when it comes to mining, that is always a good sign.
EUR backed Ukrainian lithium and invested heavily, hence our Ukrainian Director gets a lion's share of EUR. Would have been our flagship but sadly, war, which no can could have predicted, not even the Ukrainian themselves. So we're back to Wolfsberg project being flagship.
The fact is the pro forma enterprise value hasn't changed for Wolfsberg project and CRML remains a billion dollar company that is now listed on Nasdaq, even if "only" $US10M cash was raised. DFS was completed even if people disagree with the NPV, that is a big deal to get done (if you don't recognise that then you shouldn't be investing in mining). One announcement of warrants being exercised is all it takes that can change perception quickly (perception of selling 17% for only $10M). One big enough buyer at market can move sentiment and therefore confidence on EUR.
A reminder of the GEM contract, which has got a "commitment fee" clause of $US1.875M for $10 per share that will be issued once 60 days grace period is done, if anyone would care to read the fine prints.
I'm posting despite wanting to stay out as it seems to be the sentiment and just read/listen for now but you're egging me on again. So I feel the need to defend Tony here. It's too soon right now to have eggs thrown at anyone's face - the market has barely comprehended the situation and some refuse to believe it - for example I enquired BMW and they've had calls asking if the offtakes from zone 1 is true, they confirmed it but that tells me fund managers were doubting the binding agreement they had to call BMW directly with "it's too good to be true" mentality... but it's true. Shall we ask how many doubters on Saudi hydroxide plant? Some fund managers doubt that too - basically calling the Saudi Arabian Minister a liar in hindsight because they've obviously didn't know any better.
My point with this point: There's too much speculations. But despite delays (surely we are used to it by now), the fact is Tony has delivered promises in the past 2yrs. So personally, I wouldn't bet against him now. I'd hazard a guess that it's just delayed. Probably why he's not concerned. Cheers
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