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Darryle,Good Morning,Mitsubishi’s will drive true leadership,...

  1. 1,401 Posts.
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    Darryle,

    Good Morning,

    Mitsubishi’s will drive true leadership, transparency, and direction.

    The key comment, which excites me, is “Technical Collaboration”
    Mitsubishi are world-class fascinators and project managers and now they have a direct $15Mil investment will not accept failure.

    I am hopeful of a proven “Turnkey Plant” organized by Mitsubishi will be build at Mt Carbine.

    One thing, which was not made clear in the 25 Feb announcement, is Mitsubishi $15Mil investment.
    Will it be Shares at say $0.75? A mix of SPP shortfall and new shares????
    Will CNQ have to get shareholder approval?
    Mitsubishi as possibly the largest shareholder have a seat on the board?

    Lets hope we see further clarification prior the 8 Feb SPP new close.

    Clearly yesterdays announcement was positive it will take time to sink in.

    Yes I am happy to invest in a Mitsubishi driven company when confirmed.

    Please DYOR
 
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