EUR european lithium limited

Hard to Believe But

  1. 2,972 Posts.
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    Hard to believe but shareholders gave up their shares in Europe shortly before the release of good news in the PFS. Now that is crazy.

    But heck, they will be getting back in on the high soon based on the release of good news. First most EUR investors waited for EUR to pop, and then jumped in. Now they were getting scared and jumped out. (buy high and sell low) And soon they will be jumping back in after the next pop. Happens all the time in penny stocks. Now of course I too will be selling soon. But after the share pop. Or Not!

    Until then, the never t.sage posters will be posting their biased opinions non-stop.

    Those of U that do not like my posts or think I post way too much, or use too many smileys, just put me on ignore and that will B that........I will B slowing down on posting now because I have to do some serious trading and I need to watch the trend, because the trend is my friend. Work is good.


    On this note, Tony Sage, non-executive chairman, provided some insight as to
    the metrics investors should be on the lookout for in the PFS.

    Focus on net present value figure

    Sage said: "The key number will be the net present value (NPV) as this will be
    weighed up against European Lithium's market capitalisation."

    The company's market capitalisation stands at about $120 million.

    As a back of the envelope example, should the NPV come in at $150 million,
    clinically speaking this would justify a share price of 33 cents.

    This compares with Monday's closing price of 26.5 cents.

    And if the NPV comes in higher? In My Opinion Only, EUR Management already has the answers to these questions. Or does anyone really think that they would post about NPV coming in higher........ U would really have to be naïve to think that............Or biased.

    SENTIMENT: Trading a good stock is fun..............
 
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