what experts do we have in Li field, we havent heard one word...

First 60 Last

Share
Profile

Follow
luckylizard

432 Posts.

15

24/03/16

08:29

Post #: 17352085
Share

Originally posted by Shakinthat ↑

Interesting announcement , my best guess given the company's current situation is that they are aquiring more Li country to the east of the north block, doesn't appear this is owned by any of the current players (using the maps and legends provided) so they've probably convinced the owners with the help of our new chair to give it to us in exchange for some shares (consolidated) and cash , I think the deal will appear to be a good one just like the recent one.

So if they double our holding in what appears fertile (Li & Au) land for say another 25-50m shares on offer then bring it on, seal the deal and then sink the drill straight after AGM.

I think they know exactly what they are doing and will jump in boots and all post meeting, they just need to get the formalities out of the way, I have no doubt our experts have been busy putting together our strategic plan which will incorporate an aggressive exploration program aimed at Li and Au over the next 3 months

If we get success and i think our chances are better than 50% then forget about further CR in the short term our oppies will be in the money and will provide sufficient funding to prove up an economic deposit.

Anyways just my 2 bobs worth, time will tell, wishing every holder the best of luck

Expand

what experts do we have in Li field, we havent heard one word regarding the exploration for nickel and the highly qualified persons involved there. Do they have the skills for Lithium exploration or are we using two groups. Whilst I still have great hope plus confidence in this company I now now know how a mushroom feels.

MPJ Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

HXL

Hexima shares rise 66% on proposed acquisition of AI player Real Thing Entertainment

BGL

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

MM1

Geochemical work at Newington picks up gold and copper anomalies for Midas

Quarterly & half yearly reports: Drives Newmont up, Ampol flat, while Fortescue plunges 2.6%

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Acquisitions roundup: European Lithium, Diatreme Resources and SRJ Technologies

OPL

Opyl forms JV with UK and US consortium to bring products to the world

PEC

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

AAI

NYSE-listed Alcoa Corp joins ASX through key JV acquisition

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel