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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

Post by Skidaddleon Dec 18, 2017 4:32pm
197 Views
Post# 27181946

Cash deal?

Cash deal?A newbie/uninformed question for the group. Why did LIX not trade closer to the cash offer of $2.61 today? What are we waiting for besides confirmation by a 2/3 shareholder vote in February. If not approved I suppose it could slide lower, but isn't there also a chance of a competitive or hostile bid from one of the big LI players?
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