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17/07/17
08:51
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Originally posted by smartchemist
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Im in for 150k and its a pretty simple investment.
This is the biggest resource in australia by far.Will be confirmed soon.
We have just partnered with the biggest Li producer in the world.
We will own half a refinery with about 70-90 mill debt
Off take agreements will cover the cost.
Befor JV commences we could bank 50million using POS option.cost 10- 15 million.
NO SHAREHOLDER DILUTION.ONLY 230MIL SHARES.
Supply shortage exists to at least 2025 by conservative estimates therefore simple supply and demand says price can ONLY go up.
The fact that Capri lawyers are involved and are calling the shots is more music to my ears.
You think he could negotiate this deal?
Let MD think he is the man-ha!
We are talking a 40yr mine people with half a refinery thrown in.The NPAV numbers I have seen are conservative at best.
I will be accumulating more at these levels.
I believe more news is coming regarding SQM and the chinese taking a 20% stake.
Hold on to your shares-the insto's are coming once the appeal period concludes.
Hartleys price of 96c should be you min exit price.
DYOR etc etc
Anyone want to sell me their shares under 65c let me know.
Regards
Smartchemist
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Thanks for the offer . I will sell you all mine today for 64.5 cents . Hartleys seem to keep lowering their price it seems . This is why you have to take their advice with caution . KDR have 330mil shares plus not 230 mil .