OTCQX:SREMF - Post by User
Comment by
kjs4381on Feb 11, 2011 7:05pm
264 Views
Post# 18120598
RE: RE: RE: Reversal day!!
RE: RE: RE: Reversal day!!I am no expert but I think the fact that CLQ was even able to sign up with one company to sell their battery grade lithium was an achievment considering they didn't have any financing or feasability study done when they made the deal with Matsui. I have to believe it would have been a tough sell even to then, all they had was a sample of what they hope to produce from a mine they hope to operate if.......... I mean what prospective buyer would put a lot of faith in that. Now things are different, a lot of the financing is in place with the permits and balance of financing soon to follow customers will want to sign up now knowing that an mine is goin to openand an actual delivery date can be counted on. JMHO