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European Lithium Sells Non-Core Australian Tenement to Moosh Moosh Limited — ASX:EUR| ASX Mining News & Discussion
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Lykeshares Official
$EUR European Lithium Sells Non-Core Australian Tenement to Moosh Moosh Limited
European Lithium Limited (ASX: EUR, FRA: PF8, OTC: EULIF) is pleased to announce the sale of its 100% interest in tenement E47/4144 located in Northwest Western Australia. The divestment of this non-core asset is in line with the company's strategy to focus on investing in and developing European assets that support the green energy transition. Moosh Moosh Limited, a BVI registered company, has entered into a binding term sheet for the acquisition.

By selling the Australian tenement, European Lithium will receive $1 million in cash or the equivalent value in shares of an ASX-listed company. Furthermore, the company will retain a 1% net smelter royalty on minerals extracted from the tenement, ensuring continued potential for value creation.

Tony Sage, Chairman of European Lithium, expressed his satisfaction with the divestment, stating, "The sale of our non-core Australian tenement aligns with our strategy to focus our attention on securing battery commodities for Europe's green ...
European Lithium Sells Non-Core Australian Tenement to Moosh Moosh Limited

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?