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European Lithium (ASX:EUR) share price drops despite positive update

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The European Lithium Ltd (ASX: EUR) share price is dropping today, despite releasing a positive update to the market.

During early trade, the lithium miner’s shares were in positive territory, reaching an intraday high of 8.4 cents. However, the European Lithium share price has since fallen to 7.2 cents at the time of writing, down 6.9%.

What did European Lithium announce?

The European Lithium share price is seesawing today after providing a progress update of its flagship asset.

In its release, European Lithium advised it’s on track with the definitive feasibility study of its Wolfsberg Lithium Project.

Dorfner, selected to undertake metallurgical test-work at the mine, received samples from the company’s 1500 tonne bulk…



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