My thinking is an exciting acquisition which results in a big spike in SP. Basically try and replicate what SLM has just done. They are up 200% and MC gone from $8mil to $25mil in 2 days off of their lithium acquisition in Brazil.
Imagine if CPO can do the same (lithium acquisition in Atacama desert or lithium triangle in Argentina or hard rock in Brazil, see a 200% increase in SP (which would make MC about $13mil from here). Say SP gets to 18c off exciting acquisition, raise into that at say 15c, then with your 25% capacity can raise up $2.5mil, use those funds for early exploration work on your acquisition plus some drilling at Lana corina.
I feel this is the best way to get the market excited about CPO, get the SP back up, get some funds into the company, potentially attract cornerstone investor (SQM if made a lithium acquisition?)
IMO
GLTAH
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3 | 1146911 | 0.040 |
1 | 25640 | 0.039 |
1 | 416418 | 0.038 |
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Price($) | Vol. | No. |
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0.045 | 308991 | 2 |
0.047 | 264141 | 2 |
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