EFE 0.00% 0.5¢ eastern resources limited

Ann: MOU with Yahua to Acquire and Develop. Lithium Projects, page-300

  1. 4,225 Posts.
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    To put a little perspective on the MOU. Currently Non Binding, an example you could use in this significant piece of the puzzle for EFE is SYA and PLL back in Jan. PLL went into JV with SYA who were just below 1c then went to 5c. At the time PLL were a less than Billion business with minimal behind them. This placed SYA to be a 300mill dollar business. Look where both have advanced now in 7 months with a 5 to 6 billion SOI.

    My point is where will EFE be in 6 to 7 months when acquisitions in place, a binding MOU with a 7 billion MC and advancement on projects. Not to mention have 1 of the most wanted resources globally.

    Long play here on a 20 mill MC business soon to be in with a 7 billion $$$$ player, you sell at great regrets for the next 6 months of opportunity. Even if a MC of 500mill or 200mill.

    You do the sums.............
    Last edited by asxtrader007: 09/09/21
 
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