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LRS General Discussion, page-19021

  1. 8,867 Posts.
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    This whole thing was orchestrated from the start as soon as PLS showed their hand for an easy fix for a quick buck from the BOD to cash out.

    Go back 6 mths ago and where were we sitting compared to the ann. Why not only with the price of Li slowly dropping to the SP rise from 13.5c in FEB to 26c or so in MAY before the drop in SP starts to take effect and DD was well under way and with full knowledge of BOD on proceedings, 2mths before the T/O anned and SP tanks to 11c. Doesnt make sense when the BOD were so robust in spruiking up the worth of Collina and suddenly capitulating to a doomsday fear that the project was unviable . Offtake were still oncoming but now said to underwater and to raise enough for a Tier 1 entry.

    They just gave up with the weight of the PLS offer in hand before telling us. How long did they know and what actions did they take to decide to sell us out of the worth of a TIER 1 project to a crappy deal.?????

    WHOLE THING STINKS.
 
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