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News: LCK Leigh Creek Energy Says To Raise Up To A$20 Mln Via Placement, page-36

  1. J L
    1,696 Posts.
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    FS, you have made a powerful statement regarding finances, one which would be more creditable if it were clarified by some sort evidence or explanation.

    "Same feeling here, LCK should still have $15m+ AUD in the bank ($11m+ if they are reckless), supply/demand looks good for the business, not rocket science but 100+ years of proven chemistry, every capital investment is off-the-shelf, the upsides are literally too many to count why agree to such funding terms!!??? If they shop around in S. Korea (even Japan), I'm sure they can find a much better partner with much, much better terms."

    Yes, you could vote down Tranche 3 of Agreement Mark 2, but that could be courting disaster. IMO, I don't think it will happen. J L.

 
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