European Lithium Ltd (EULIF)

[Fingers xed]

Local neighbor valuation recently .
Keliber aims to be the first fully-integrated lithium producer in Europe, targeting first production in 2024 and ramping up to produce around 15,000 tonnes of lithium hydroxide per year
They paid $470 mil usd ( $700 mil aud ) Sibanye-Stillwater agreed to take a 30.29% stake in Keliber for the above production which infers $2.3 bil aud at full value
https://www.reuters.com/markets/deals/sibanye-stillwater-raise-stake-finlands-keliber-2022-06-30/
The Keliber project consists of several advanced stage lithium spodumene deposits, with significant exploration upside in close proximity to the existing project. Based on a feasibility study completed in 2019 and improved in 2020, Keliber currently has 9.3 million tonnes of ore reserves, sufficient for more than 13 years of operation. Planned annual production is 15,000 tonnes of battery grade lithium hydroxide. Production is anticipated to start in 2024. The project includes the development of a chemical plant in Kokkola, approximately 50 kilometres from the mining area, which will produce battery grade lithium hydroxide. Future lithium hydroxide production has not been committed to any offtake party.

Just remember the above when calculating your exit strategy !!!!!