Ann: $3m Placement Successfully Completed, page-5

always possible BUT look at the bigger Li picture... almost ALL the companies that have had some drilling success and progress on their projects are absolutely ripping away north... most of them have actually been trading at 10X their sp of Dec 2016... and most of the big boys are now ABOVE $250m in MC...

our little old 4CE has had some ghosts of the past haunt it for most part of the 2017 that used to weigh on it heavily... I think those ghosts (and posters of SOC days) are now ell & truly left behind...

we are now fully funded for this exiting round of drilling and with the JV news we are now into a territory which very few of our peers can boast of...

so I guess the new entrants with 60 million shares (sitting on approx 40% profit 5c placement ==> 6.8c) could sell and find their next ride or plan to stick around and easily double or triple their money in matter of months... I cannot know how they will act... and yes, some will definitely cash in on this whopper 40% profit scenario now BUT many/most will /should definitely stick around and get multibags on their investment and not just a couple of cents...

I have put in two orders in the hope that someone may drop a few million and I can get a few more 4CE at <6.5c... but if I do not then I will not be too worried as I have been very happy picking them up <4c when no one was buying :-) :-) :-)

this has 10c written all over it on the back of ONE GOOD announcement imo in this BULLISH Li environment...

looking forward to a ripper 2018...

just my random thoughts on the 3B as I am sure many will be wondering how this rolls post allocation... we wait and watch and if lucky pick up a few more 4CE if someone wants to get out with a quick 40% profit :-) :-) :-)