RE:crazy.....Will we ever know why this FS was never completed? They have been telling us it was almost complete for years diluting and getting more money to achieve this. It has been at the status of almost complete for years now... Zero details on what needed to be achieved more.
I agree I would prefer they would stop spending cash on the property and wait instead of selling for around 0.04$ CAD a share today. Now shareholders get 0.04$ CAD value and no possible upside for many years until if ever someone commercialize this project. If ever aberdeen makes money on it be reselling or if lithium stocks go on another the run will be for their shareholders.
Lithium is one of the few commodity going up years after years why not wait?
Also Aberdeen say they are privatizing this asset so they can develop it at the right scale and with the right partners, why was that impossible with Rodinia? Need more explainations...
And what will Rodinia do? Pay a 0.02 cents dividend of what's left and because a shell?