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Bullboard - Stock Discussion Forum Millennial Lithium Corp MLNLF

Millennial Lithium Corp is engaged in the business of acquisition, exploration and development of lithium mineral properties. The company's projects include the Pastos Grandes Lithium Project and Cauchari East Lithium Project. It has one operating segment, being the exploration of resource properties.

OTCPK:MLNLF - Post Discussion

Millennial Lithium Corp > Great update with Farhad Aabsov, CEO, ML and C-TV!
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Post by goldguy on May 14, 2021 5:11am

Great update with Farhad Aabsov, CEO, ML and C-TV!

Comment by Allanapotashbelgium on May 14, 2021 2:17pm
Interesting to learn that the alternative extraction method seems to be off the table, and that they will continue with the solar evaporation method. Bit disappointed no milestones were hit with respect to financing in Q1 but I assume waiting for the test results was worth the delay. Hope they will stick to the new timing (end of the summer) to get this done.
Comment by tiger2201 on May 17, 2021 7:28am
I just don't have my trust with this management any more, they have been talking, talking & talking financing and partner for at least 2 years now, especially for the last 9 monthes.  When the CEO was on onterviews, it seemed the financing/partner was immenant, but nothing happened, except massive inside selling. I still believe in ML's story, still hold on my full position, but ...more  
Comment by Allanapotashbelgium on May 17, 2021 2:46pm
I still trust management. They have timed each capital increase prefectly over the past 3-4 years. In retrospect, I think it is absolutely perfect that they did not yet arrange financing in the past two years given the downtrend in lithium market which luckily has completely been reversed over the past half year or so. But I also hope financing will be closed this year! Or the company is taken ...more  
Comment by tiger2201 on May 17, 2021 3:05pm
I agreed with you that given the EV and lithium market conditions, ML should be able to get financied or be taken out, it seems they are open to be taken out at the RIGHT price.  Although there were massive inside sellings, I see the potential and value with ML at the current SP. NO worry but frustrated! tiger
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