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14/03/18
15:58
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Originally posted by Wolfman_Jack
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It seems like Slide 8 hints at a partner transaction for us? But those partnerships happened with much more advanced stage projects than Lake.
I also wonder if some of the Market Cap % gains are a bit misleading given that these companies have raised cash and/or exercised options along the way.
Also Slide 9, AAL doesn't have an NYSE listing as far as I know.
I haven't followed Lake as closely since selling, so maybe I missed these details elsewhere but it is, if nothing else, nice to have it all in one place and spelled out for lazy people.
By Lake's "Market Cap math" we could see a 50% upside if we just stand-still and all the options get exercised. Granted, we do need to get money someway or another.
Also, LithNRG is "aka Steven P"... I think he will stand to control a very large portion of the company, for better or worse.
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Interesting read. https://thelithiumspot.com/overview/the-lithium-cartel/
Note Point 3 in "Why should we care about the Lithium Cartel".