OTCPK:DSLEF - Post by User
Post by
Dtraders1on Mar 28, 2018 6:27pm
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Post# 27798548
In the long run
In the long runIt's cheaper for the chinese company to buy DLI instead of buying lithium concentrate from them....Now I understand why they included a possibility to buy 15% of DLI if they deliver the first shipment.....if they like the product they could takeover DLI and cut in expense! The 15% shares buy option is to save money for a takeover as they could buy shares at a good price before proposing a takeover deal if they need so. Or simply make lots of money if someone else takeover DLI.
It's all about timing.....because if DLI produces large quantity of concentrate the shareprice will quickly rise as the cashflow will increase. More they wait and more expensive DLI will be to purchase.
Only few weeks left before confirmation of delivery.
Nice increase today with volume, we are going back up!
Cheers