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Ann: Proposed Purchase Update - Mt Carbine Quarry & MLs, page-3

  1. scottm
    2,488 Posts.
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    15/03/18
    13:22
    Post #: 31776862
    The usual delay in deals (lawyers).

    The ideal deal would be $25m debt funding from 2 Off takers which allows the processing of the stockpile. Then we will be cooking with gas. It would provide the cashflow to drill iron duke and further expansion of the lithium licenses.

    The pending Chn/US tariff stand off means needing non CHN sources of tungsten. Not many around.
    SEI Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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