IRW-PRESS: European Lithium Ltd.
: Update: FIRST BERLIN Research Report
UPDATE: FIRST BERLIN RESEARCH REPORT
First Berlin published an update of the research report in which analyst Simon Scholes repeated the "BUY" rating and increased his price target from EUR 0.19 to EUR 0.22.
This update is based on recent developments such as securing the financing of DFS and the planned PRIME MARKET listing on the Vienna Stock Exchange and still on the JORC-compliant source of 6.3 million tonnes.
Read the update of the study in the following link:
DFS FINANCING SECURED; SHIFT IN THE MAIN LIST OF VIENNA LIKELY (https://europeanlithium.com/wp-content/uploads/2018/09/PF8_GR-2018-09-17_EN.pdf)
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