Don't U hate that when it happens? I have my buy orders in for CFE at a low price and blockbuster news about CFE's owned and director run company EUR (European Lithium) gets released about possible free tax money government grants. I hate that when it happens.
Oh well, at least I own a pile of CFE owned EUR shares. And Beans will be very happy...........................
It just keep getting better and better. When it goes boom, what a bang it will be.
Don't you just love the idiots in Europe. First they give the mine away, and now they will support the mine operations with free tax money.
It is now feared that the necessary infrastructure for dismantling and extracting operations, but also for the necessary environmental protection measures, will be provided by public authorities. Instead of earning the value added, we can still pay for the private profiteers, instead of using a gold mine, the neighboring municipalities have to beg for jobs.
And that is the little secret hiding in EUROPEAN LITHIUM EUR. The EU has declared the EU's raw material supply a strategic reserve to reduce import dependency. HOT HOT HOT HOT
EYE got EUR. U got EUR? We B Bad! Of course it is only my opinion that EUR is a good investment and I warn U all not to buy this risky stock until after it spikes. Be careful and buy high to be safe!!!!! If you buy low you could make a lot of money.........................
Between genius and madness
What emerged from the lithium deposits of the Koralpe
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Michael Graber was concerned in the last issue "The Work" with the lithium deposits of the Koralpe.
Gift gold mine.
By Michael Graber
Lithium is a light metal that is currently experiencing a high level of demand. It is nevertheless used for mobile phones, laptops, tablets, but above all for electric cars. Lithium batteries are the most effective batteries for all these devices and vehicles.
It has been known for decades that a significant deposit is located in the border area between Carinthia and Styria, below the wine plane. In the 70s and 80s test drillings were already carried out. With the liquidation of the nationalized industry and the associated mining industry, in 1991, the stragglers were given away from the then nationalized holding company ÖIAG by a (!) Schilling to the carinthian mining industry (KMI) of the industrialist Henckel-Donnersmarck.
Those responsible at the time were not of the opinion of the mining industry, since there were more favorable open-cast mining projects in Asia and America. Twenty years later, he sold the mine and miners to the Australian company, which specializes in mining prospects, by about 10 million euros (130 million schillings). Henckel-Donnersmarck has earned a golden nose at the increased value of the lithium bearing even when the costs of maintenance, which has since been incurred, have been taken into account.
Now according to the prospective company European Lithium (the Australians), it is found that the deposit is about three times as large as was assumed at the time of the purchase, namely 18 million tons of ore. With a lithium content of over one percent is the Austrian deposit Not only the only one in Europe, but also one of the largest in the world. In the meantime, European lithium has entered the stock market and its shares are experiencing an upswing.
The EU has declared the EU's raw material supply a strategic reserve to reduce import dependency.
At 200 million euros, the deposit could be opened up and 2019 could be started. Who will earn it? Of course the investors who provide the capital. This would, of course, be easily feasible for ÖIAG, even for today's ÖBIB, the holding company for strategic investments in the Republic of Austria. But given away is given away.
It is now feared that the necessary infrastructure for dismantling and extracting operations, but also for the necessary environmental protection measures, will be provided by public authorities. Instead of earning the value added, we can still pay for the private profiteers, instead of using a gold mine, the neighboring municipalities have to beg for jobs.
10. August 2017
10 August 2017
For our multi-language friends in Europe that are buying EUR!
https://www.kpoe-steiermark.at/zwischen-genie-und-wahnsinn.phtml
