LOT 2.94% 33.0¢ lotus resources limited

Ann: Acquisition of NSW Cobalt Nickel Project, page-8

  1. 5,578 Posts.
    lightbulb Created with Sketch. 50
    Good to see the market see a shit show of a deal like this and go no f*ing way.

    $4mill price tag is gross, who is getting that money I wonder.

    The dilution is gross you think after $4mill price tag that atleast no dilution nope, that left RIR at a $50mill Mcap aswell, instant depreciation.

    What do you get for it must be stunning??
    hgfhg.jpg

    You get a passed around deposit, look at all the drilling done on it, exploration potential looks crap.

    Everybody quickly forgets what happened with the last cobalt project so quickly.
 
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