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4.7¢ european lithium limited

@Cougar1311 - nothing was progressed 'on the ground' in Austria...

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Taurisk

17,986 Posts.

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14/03/24

23:14

Post #: 72895439
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Originally posted by Cougar1311: ↑

I am not negative but critical, without rose-colored glasses.
A lack of transparency, communication of desired conditions as opposed to actual conditions and external presentation are just some of the points I criticize.
This destroys trust, and not just from shareholders.
Furthermore, I see this project as feasible, but not with the way this management works.
Everyone has to ask themselves why the market, neither ASX nor Nasdaq, is not investing in this project.
Now some will say that Tony brought us to the Nasdaq.
That's true!
But the aim of the listing was to raise capital.Result, 17% of the Wolfsberg asset sold for a paltry 10 million investment, that was it.
So far the merger has brought nothing but only cost money.
Before I burn millions of dollars and go to the Nasdaq, I do a market analysis to see if investors are even interested, there was enough time.
Apparently that didn't happen.And the management is still talking about "fully permitted".

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@Cougar1311 - nothing was progressed 'on the ground' in Austria - I take it you read German, here is a link to a recent article in 'Der Standard'

https://www.derstandard.at/story/3000000211473/lithium-aus-kaernten-trotz-boersengangs-gibt-es-kaum-fortschritte?ref=rss

Taurisk

EUR Price at posting: 6.2¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

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