In my opinion, a share with high risk but also with great potential.
$EUR (-3.33%) has announced to buy back 100,000,000 shares, this is a good sign in my eyes. If EUR really gets all the permits for mining here, I see a good return coming 😎
Market cap just over 60 million... Not even a quarter of a million in revenue. Very hot stuff and if a few people from the community put their heads together, we'll move the share price ourselves.
Share was suspended from trading, bzw.ein delisting has taken place. Now the news came and the share is tradable again. Unfortunately, the news is not convincing. Two more lithium mines have been purchased and the purchase price will be paid in shares. All shares will be issued to the company for €0.095. So it won't go above this price for a long time. Hence my exit despite a long holding period of several years.
I got the shares from my father years ago. Was for a long time about 70%-80% in the red. Now the share has risen, due to the rising lithium price. There is still no information if and when the project of the lithium mine of EL in Austria is feasible.
My question so sell and invest in something else in the field of lithium or hold and wait?
