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Lfc786

5,192 Posts.

1084

05/09/20

17:32

Post #: 47114367
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Originally posted by tendoji: ↑

What’s news is buying an asset in a very recent military coup country.

That’s high risk.

If announced before the coup it would be more credible, but it’s clear to any political head an agreement to transact announced within weeks of a military coup, is a gamble for the buyer.

Clearly lithium won’t get going after a DFS here due to the uncertainty after a military coup.

If it works out fine fair enough, but it’s a gamble.

Considering MLL has never been open about country risk (compare to Kodal), even dragged its feet to update after the coup, punters should be exercise great caution that with such a pattern of slow to inform, the same will happen again. The counter to my claim on caution is some have piled in insinuating they have Sophisticated investor level insight with the capital raising and that “all’s well”.

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Your arguement is bullshit and shows your lack of education on such matters

deals like this don't take a few days or even weeks to take place
they take a very long time

not as long as how long that jungle basket case lithium Co will take to find funding i must add IMO
hah!!!

MLL Price at posting: 19.5¢ Sentiment: Hold Disclosure: Held
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