Hey dumb@rses,
Here are the facts you have ignored here -
MINRES is re-negotiating and got NO EQUITY.
MINRES did DD
MINRES has $1,400,000,000.00 CASH at bank
MINRES MCAp went UP $1,000M on the LJ by ANNOUNCEMENT
The MINRES thread was flooded with MINRES LTHs saying how they bent POS over
MINRES claimed LJ was a Li HUB with massive MILL converted for Li production now they dont want it , if you and CUB believe that you are d@mber than me.
MINRES has NO LI or NI MILL or MINE at all.
MINRES has NO OTHER LI NI DEAL AT ALL.
I predicted last year that an AGO scenario was coming here -
SPOT ON so far!
step 2 complete
MINRES bid for LJ first to screw up AFAF & BMMs dirt cheap plans. Step 1 mission accomplished.
Now AFAF BMM and MD aka BNP and the other crew have to consider options and LJ bids step 2 done,
Step 3 coming soon.
Dutch auction & large equity for big boy coming up imho.
Then bid by the other Billionaires.
Great excuse to make a corporate play here.
In AGO at 1.0c, MINRES made the first bid at 3.0c then AFAF came in at 3.5c then Gina came in at 4.0c then upped to 4.5c to get AFAFs shares for $90M now worth $5,000M to her at $4,000M pa revenue from AGO mines making her Ozs richest person by far.
Dont think Gina and others aint looking around & laughing at AFAF & BMM foolishness of destroying their own wealth and future production power.
If market thinks LJ is worth $1,000M for MINRES then POS SP should increase by $100M-$1,000M now right?! NUTS.
Market has boosted MINRES MCAp & POS MCap since this came out.
So market expects MINRES to proceed with the deal & both MINRES & POS to get way more.
WIN WIN
market is telling us a WIN WIN BIG DEAL cometh.
POS dont need MINRES.
MINRES AFAF BMM BHP IGO all need LJ imho.
Wait and see !
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