delusional, i agree.
biggest lithium downturn probably in history
even at top of market, 750m usd could be considered pricey
now 90% down from there to uneconomical levels
the post by rminvest at the top of the thread seems completely wrong to me.
750m usd is not "implied".
it expressly states "750m usd worth of shares"
that could be hundreds of billions even trillions of shares
cash held by sizzle:
rminvest seems to suggest if 160m cash on hand, sizzle pays 160m usd. wrong.
if current cash on hand 40m, by that logic, sizzle pays 40m
rminvest makes no sense, no reference to 750m usd in shares.
also rminvest mentions 20%, wrong.
where is 20% or any apportionment stated.
just made up a % and you say he is the one making sense
there is no mention of cash payment by sizzle.
to summarise, delusion and incorrectness.
par for the course in today's society. everything's normal here
possible sizzle in a hell of delusion and incorrectness
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