It was announced today that the European Union has rejected all complaints from NGOs against the granting of CRMA status as unfounded.
For Euro Sun Mining $ESM (+17,16 %) this is a very important step, as the risk at European level is now virtually minimized. The EU is thus fully behind the project and the CRMA status.
The share is reacting positively accordingly and is currently up a good 10%.
The real game changers are, of course, the granting of the EIA approval and the construction permit. I expect the EIA to be submitted in the course of this year.
As always with explorers, everything is always associated with a high level of risk, but I see a clearly positive risk/reward ratio for Euro Sun Mining, which has improved a little since today.
