New year sparks new interest in European Lithium Ltd

European Lithium Ltd

The new year has seen two separate instances of company insiders purchasing large quantities of stock in Perth based European Lithium Ltd (ASX:EUR).

Non-Executive Chairman Antony Sage has purchased 2 million shares of the company’s stock at an average cost of $0.09 per share in late January, whilst Non-Executive Director Malcolm Day, a surveying and mapping expert has also acquired 20 million shares of European Lithium at an average cost of $0.01 in early January.  

The interest has sparked some speculation of a new ore discovery ahead of the company’s listing across a number of exchanges including Vienna and the NEX exchange growth market in London. The company is also charging forward with its drilling program at the JORC resource with an update expected in Q2 2019. 

LEAVE A REPLY

Please enter your comment!
Please enter your name here