Tanbreez/ETM Facts not Fiction, page-3

LOL you open another thread on Tanbreez and I guess later in this thread you will complain that everyone is talking about Tanbreez and not ETM.

1) On 18/6/25 CRML (Tanbreez) received an LOI from EXIM for 120mil USD.
2) On 26/6/25 European Lithium(EUR) sold 2 million of their approximate 66 million CRML shares @ $2.50USD per share for5mil USD (approx. 7.631mil AUD)

3) This sale represents a clear arbitrage as the remaining 64 million CRML shares that European lithium own equate to roughly 160mil USD or 244,211,425.60 AUD.
4) The current EUR market cap sits at 100mil AUD (65,517,000mil USD)
5) There is an even larger arbitrage represented because the current CRML share price is bullish currently sitting at $3.48USD with a daily avg volume of 4,206,014 shares equating to approximately 14-15mil USD traded daily or 21-23mil AUD being traded daily. This is roughly 20% of EUR entire market cap.



6) On 24/6/25 Tanbreez announced a 2mil USD Diamond drill hole contract for Tanbreez to be conducted by Greenland drilling contractors 60 Degree North Greenland. "The exploration team and drilling contractor are preparing to commence drilling in early July over the existing Fjord MRE with detailed infill and extension drilling targeting upgrading the resource from Inferred Resource to Indicated Resource category, and extending the size of the Tanbreez Fjord Deposit."
7) Meanwhile EUR are also re-assaying drill core samples from various years as currently they estimate only 3% of the assays are public knowledge.
8) CRML have applied for a Department of Defence grant and are awaiting the result of this currently.
9) CRML have planned to attain the BFS around November this year.

You can argue all you want about Eudialyte and difficulties in processing but the fact remains that it is planned to process ore using magnetic separation in Greenland with the Eudialyte to be transported off site for processing of REE.

There have been three main pilot plants, some documented, that have successfully shown the process of REE separation is achievable with Eudialyte. One company, Ucore Rare Metals, received an $18.4 million grant of the 14/5/25 from the US Department of Defense (DoD) to support the construction of a rare earth processing plant in Louisiana.The facility aims to produce high-purity rare earth oxides (REOs) using Ucore’s proprietary RapidSX™ separation technology. This technology is designed to efficiently separate and purify rare earth elements (REEs) from complex mixtures (including Eudialyte). Initial production is expected to be 2,000 tonnes per annum (tpa), with plans to scale up to 5,000 tpa, and potentially further to 7,500 tpa as demand increases.

Sooooo... What is ETM doing?