Just a quick post, I was quite happy to see the CR completed today. Whatever happened or promises made in the past by management, was past. Share holders should only be concerned with now and future.
The company was looking for a partner for SDV, looks like they now have the funds to go alone...sure there are shares issued but just remember there was a 5 for 1 consolidation. So the extra shares doesn't really make a big difference in my opinion, companies write new shares and options all the time.
James Bay will also have some funds to get off the ground, the funds from SDV future profit will be able to fund JB mine. Pll is now valued at 300mil, with no funds to get going, this makes JB worth alot more.
SDV + JB with a market cap of 800 odd puts the company very under valued.
Now add to the equation Mt C with 100 mil in the bank and shipping in growing demand market. Cost to come down to 350/t with ramp up.
SDV will be producing lithium chemical,not minerals. My forget this.
this is my opinion. Happy to wait for SDV to come on line.
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