The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
big bear the big issue is cuda.as they enter receivership copl are anatural buyer of the assets.the surrounding land s of cuda is the problem.the sale process of cuda will make it hard for art not to shoot himself in the foot.art needs to stay stum for competetive reasons.
with lithiums price rise over the last twelve months one would assume any interested party would want in quick. our chairman will want to be in a position not to raise again for the forseeable future.cash for an offtake agreement is favourite.a small percentage of zulu is preferable. i would suggest nookie that your .3 sell plan might come back to haunt you , by june,but dont worry because they will be gobbled up by the other big investors !
its petty clear colin wants to sell.i think he knows hes over 2 million tons.will he throw ascot in or do a deal to get a return of say 10% revenue from ascot as the sweetner.time will tell
crunchy-thanks for the link.first time i have listened to that podcast. totally agree with your summary, colin seems to hold all the aces. " by june, we should know" no jv,outright sale. asct the deal maker and the cherry on the cake.go for it colin............
cgo up 25 % today
how much selling will there be?
dont know,but you dont get many aim companies earning $80,000 a day gross ,a $30,000,000 war chest to tap on to boot,the chance of buying out a distressed oiler on your doorstep,and a licence in africa looming to be granted by a government that needs money.
let get a decent sp on tues ,and if you need to raise money with a placing,give the lth a chance to nip in cheaper than market price.