Lithium Bank's (LB) business model is to increase the value of its projects and reduce risk so that developers/producers are attracted. The plan is to sell the assets soon (I expect 2025). In other words: they do not plan to become a producer. They are already in contact with big oil companies. They have already proven that the business model works: they sold the Estevan project (had not had any work done on it at the time of sale).
Therefore, we don't have to wait until the next decade and - if the plan is successful - CNQ will benefit from the sale. I expect LB's share price to be much higher when a sale is announced. CNQ will own at least 3,500,000 shares then.
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