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LITHIUM X ENERGY CORP V.LIX

"Lithium X Energy Corp is a lithium resource explorer and developer. It is focused on supplying the lithium battery industry. The company’s property includes Sal de Los Angeles lithium-potash brine project (the SDLA Project), in Argentina's Salta Province."


TSXV:LIX - Post by User

Comment by JRF1991on Dec 18, 2017 11:32pm
148 Views
Post# 27184169

RE:Cash deal?

RE:Cash deal?
Hope this deal closes, but I guess the market feels there is more uncertaintly with a company from Asia being the buyer?

I don't own LIX directly, but my investment in Aberdeen International holds 6M shares of LIX. If the deal goes through as planned, just the LIX sale proceeds would nearly be the market cap of Aberdeen. Then all the other investments are basically free.

Hope the deal closes!
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