With increasing resource size, the stock price will also rise,...

With increasing resource size, the stock price will also rise, putting the entire figures into perspective as well. Although there may be more profitable mining projects, European Lithium enjoys the support of European politics and industry and their desire to own battery production in Europe and will produce under all conditions the most exemplary conditions - at terms that are already profitable and offer great potential

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The approximately 400m capex are very high at first glance, but are relativized by the significantly increasing resource size and are quite customary and financially feasible. This amount will be needed gradually from 2019 and then, and there are common and proven ways and potential partners for doing so. Important in our case:

• Of course, there will be no 400m funding through capital Both the EU (already committed) and Austria / Carinthia (hundreds of jobs) will (want to) be available for parts of the funding (or even participation)
• The newly founded European Battery Alliance is ready as a potential partner
• Experienced banks and other financing partners
• Prepaid Offtake Agreements
• Takeover
• participation