RE:Rio Tinto all cashed up and on the prowl.
As an investor in Lepidico and the latest news from Lepidico is, that the decision has been made to build and start L-Max plant in Sudbury Ont.
like any company starting such project including CRE need money.
What interest does Lepidico has in Lemare, besides looking for feed stock to feed they'r proposed plant in Sudbury , which is plentiful all around and they arready have letters of LOU's with Avalon.
What I think, Lepidico is more interested in raising money. After all they proved Lemare is worth a bundle and it actually belongs to CRE.
What if Rio Tinto all cashed up, fulfills Lepidicos quest and buys the hole cabudle CRE, NMX and Lemare from Lepidico included. Would that not be a great start for such a worldly miner, gaining a foot hold in the James-Bay area!
Fulfilling Lepidicos quest, financing the start of L-Max at Sudbury.
At the same time bringing some closure to our financing difficulties.
CRE with Dr Seffen Haber in charge proven record , be able to bring projects to life the likes of Rookwood Lithium would certainly be my choice to run part of RIo Tintoes newly acquired properties.
Just my two bits.
Cheers bae