Desert Lion Energy Inc - Ordinary Shares DSLEF

Deadline for chinese investment is August 22

[Dtraders1]

Based on last June update, beside the deadline date no others terms have changed so this means DLI are not willing to finance lower than what they did last year so this is great!  If the investment goes thru they will have enough money to build the flotation plant and even do a NCIB if needed to support the low shareprice since the last investment were all set at 1.82$ per share.

If it wasn't for the lithium sector getting a beating in the last months we wouldn't be that low at this time, cashflow is increasing and after a year of production we will get a better picture of how good things are going.  Can't wait for permit review and mineral data to be announced!

Cheers